What Are The 3 Elements Of The Marketing Concept. Make a plan for what youd like to achieve for the year whether its to increase sales introduce a new product to the market explore new media for advertising open an online store or retain customers. Marketing is the business discipline concerned with developing brands informing the public about products and services convincing consumers to buy specific products facilitating transactions.
People - The individuals involved in the sale and purchase of products or services come under people. It is made up of six components. Help determine whether your product or service is suitable for your customers.
Long-range customer and societal welfare.
Make a plan for what youd like to achieve for the year whether its to increase sales introduce a new product to the market explore new media for advertising open an online store or retain customers. Lately three more Ps have been added to the marketing mix. Helps learn when and how to promote your product or service to your customers. However the definition of marketing has evolved over the years.
