Marketing Concept Focuses On Customers' Needs And Wants. The marketing concept is the use of marketing data to focus on the needs and wants of customers in order to develop marketing strategies that not only satisfy the needs of the customers but also the accomplish the goals of the organization. The marketing concept is based on the right principle.
We must know that marketing concept is. Marketing Concepts focus on the need to understand the future customers just before designing and manufacturing a product or service for them. The philosophy of marketing needs to be owned by everyone from within the organization.
With the customers wants and needs incorporated into the design and manufacture of the product sales and profit goals are far would be met.
The marketing concept is the use of marketing data to focus on the needs and wants of customers in order to develop marketing strategies that not only satisfy the needs of the customers but also the accomplish the goals of the organization. Business ought to understand their customers needs and wants if they want to remain successful in a competitive market place. The marketing concept is based on the right principle. Marketing has often been defined in terms of satisfying customers needs and wants.
