Why Marketing Concept Is Important. Ad Search For Relevant Info Results. When an organization practice the marketing concept all their activities such as research and development distribution quality control finance manufacturing selling etc are focused to satisfy the consumer needs and wants.
Importance of Modern Marketing Concepts Following the aspects of modern marketing concepts not only is beneficial for consumers but can also be beneficial for the businesses serving them. This concept also causes companies to perform proactive research to identify preferences within the consumer market prior to. In other words the recognition of the importance of marketing leads to the acceptance of marketing concept.
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Advertising services and products online are creative marketing concepts meant to reach the computer audience. Get Results from multiple Engines. The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs better than the competition. When the firm produces the product which meets the requirements of the customers the need for promotion is reduced.
