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A product that effectively meets customers' wants and needs is one that combines quality, functionality, and affordability. For example, a smartphone with a user-friendly interface, robust features, and competitive pricing addresses the demand for connectivity, convenience, and value. Additionally, incorporating customer feedback into design and features ensures that the product evolves with users' preferences. Ultimately, a successful product balances these elements to enhance customer satisfaction and loyalty.
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What is marketing shapes consumer needs and wants?
reflecting customers needs and wants
Core marketing concepts?
The core concept of marketing is to highlight a product's features, so that customers can match them with their needs and wants. When a customer decides to try the product, the goal is to get them hooked.
Identify the main characteristics of a marketing oriented and product oriented organisations?
Marketing oriented business centers its activities on satisfying the needs or wants of its customers. Product oriented has its primary focus on the development of its product.
What are the objectives of asda plc?
provides goods and service to their customers and meet all customer needs/wants. remember customers are time value to the company.
Why are products innovated?
Products are innovated for different purposes such as meet the needs and wants of the customers and for retain the market share.
What is a desirable product?
A desirable product is one that meets the needs and wants of the target market, provides value or solves a problem, and is appealing in terms of design, quality, and functionality. It is something that customers are willing to pay for and feel satisfied with after purchasing.
What product strategy did WOI adopt?
The product stratefy that WOI adopt was that build an organization around what satisfies the customers needs and wants.
What is marketing shapes consumer needs and wants?
reflecting customers needs and wants
Core marketing concepts?
The core concept of marketing is to highlight a product's features, so that customers can match them with their needs and wants. When a customer decides to try the product, the goal is to get them hooked.
Identify the main characteristics of a marketing oriented and product oriented organisations?
Marketing oriented business centers its activities on satisfying the needs or wants of its customers. Product oriented has its primary focus on the development of its product.
What is meant by an alternative market for a particular product?
It means a market that exists that a product was not originally intended or developed for but have now shown positive needs or wants for that product, or have the ability to develop those needs or wants.
Dell wants to offer customers televisions in addition to computers This is a change in their?
Product
What do businesses do to satisfy peoples needs and wants?
Business seeks to satisfy the needs and wants of customers. Needs are things that we all need to survive: water Food shelter warmth Wants are everything else: A luxury Boat A New Car Air Travel Pets An expensive Watch Business does this by creating goods for sale - and providing them in a place where customers can buy them. Business also satisfies a customers needs by providing services such as hairdressers or cleaners.
Definition customer service?
customer service is an organization's ability to supply their customers' wants and needs.
What are the objectives of asda plc?
provides goods and service to their customers and meet all customer needs/wants. remember customers are time value to the company.
Why are products innovated?
Products are innovated for different purposes such as meet the needs and wants of the customers and for retain the market share.
Will the study and practice of marketing become useless when customers meet their needs and wants?
is the study and practice of marketing useless
