Marketing creates and satisfies customer needs by identifying and understanding consumer preferences through research and analysis. It communicates the value and benefits of products or services that align with those needs, often through targeted messaging and strategies. Additionally, marketing fosters engagement and builds relationships, ensuring that customers feel heard and valued, which enhances their overall experience and satisfaction. By continuously adapting to changing demands, marketing helps businesses remain relevant and responsive to their customers.
AS a marketer company can not create people needs because needs are the state of felt deprivation but it can identify customer needs and create value for them. for further detailed: alam6699@yahoo.com
There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
The importance of market research in developing marketing programs is your marketing dollars will go further if you use it to build, nurture, and develop your customer relationships.
The simple model of the marketing process is:Understand the marketplace and customer needs and wants.Design a customer-driven marketing strategy.Construct an integrated marketing program that delivers superior value.Build profitable relationships and create customer delight.Capture value from customers to create profits and customer quality.
The four goals of a marketing system are to identify customer needs, create value through products and services, establish strong customer relationships, and achieve organizational objectives. By understanding and addressing customer preferences, marketing systems aim to deliver offerings that satisfy those needs effectively. Additionally, fostering loyalty and engagement helps to retain customers and drive long-term profitability. Ultimately, these goals work together to enhance brand awareness and market presence.
AS a marketer company can not create people needs because needs are the state of felt deprivation but it can identify customer needs and create value for them. for further detailed: alam6699@yahoo.com
There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
The importance of market research in developing marketing programs is your marketing dollars will go further if you use it to build, nurture, and develop your customer relationships.
The simple model of the marketing process is:Understand the marketplace and customer needs and wants.Design a customer-driven marketing strategy.Construct an integrated marketing program that delivers superior value.Build profitable relationships and create customer delight.Capture value from customers to create profits and customer quality.
Marketing process: Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modeled in a sequence of steps: the situation is analyzed to identify opportunities, the strategy is formulated for a value proposition, tactical decisions are made, the plan is implemented and the results are monitored.
The aim of the marketing effort is to satisfy the needs and wants of consumers
Marketing is the process by which companies create customer interest in products or services. It generates the strategy that underlies sales techniques, business communication, and business development.[1] It is an integrated process through which companies build strong customer relationships and create value for their customers and for themselves.[1]Marketing is used to identify the customer, to keep thecustomer, and to satisfy the customer. With the customer as the focus of its activities, it can be concluded thatmarketing management is one of the major components of business management. Marketing evolved to meet the stasis in developing new markets caused by mature markets and overcapacities in the last 2-3 centuries.[citation needed] The adoption of marketing strategies requires businesses to shift their focus fromproduction to the perceived needs and wants of their customers as the means of staying profitable.[citation needed]The term marketing concept holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering the desired satisfactions.[2] It proposes that in order to satisfy its organizational objectives, an organization should anticipate the needs and wants of consumers and satisfy these more effectively than competitors.[2]
The four goals of a marketing system are to identify customer needs, create value through products and services, establish strong customer relationships, and achieve organizational objectives. By understanding and addressing customer preferences, marketing systems aim to deliver offerings that satisfy those needs effectively. Additionally, fostering loyalty and engagement helps to retain customers and drive long-term profitability. Ultimately, these goals work together to enhance brand awareness and market presence.
Marketing primarily satisfies existing needs and wants by identifying and delivering solutions that resonate with consumers. However, it can also create new needs and wants through innovative products and persuasive messaging that shape consumer perceptions and preferences. Ultimately, marketing plays a dual role in both responding to and influencing consumer behavior.
maybe money can satisfy the consumers because they can buy what they want and their needs
never get angry satisfy their needs
marketing is a act of identifying the needs and wants of the customer and help the customer to achieve those needs and wants through our valuable product