What is Marketing Concept

strategy designed in order to satisfy customers needs and make profit

What does the Marketing Concept Focus on

It places customers in the middle of the marketing process

According to the marketing concept, which option shows company commitment?

Setting aside funds to research what consumers want

What are the Concepts of Marketing

Social, Marketing, product, production, selling

The first step of the marketing concept is to

identify what will satisfy customers" needs

How does marketing help improve your business?

It makes your staff happy, People will start talking about your product

Purpose of Production Concept

producing goods to make it highly available and affordable for customers

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MPP WEEK 1

13 termsStudBud Administration10 plays

Imported from external platform

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Questions 13

Answers

1
Where does marketing Happen ?
Where customers are
Where advertisements are
Where roads are
Where stores are
2
What is Marketing Concept
A drama production for effects
A large circle of customers with their money
strategy designed in order to satisfy customers needs and make profit
3
Why is marketing important?
So people can buy your business
So people could join your business
So profits will increase
So you can lose your profit
4
In marketing concept, whose opinion matters most?
Costumer/buyer
Planners
Seller
Marketers
5
What does the Marketing Concept Focus on
It places customers in the middle of the marketing process
It tries to sell more products
It prodcues a lot of Adverts
6
According to the marketing concept, which option shows company commitment?
Leaving marketing to marketing department
Teaching marketing to college marketing students
Pricing a product to maximize profitability per item.
Setting aside funds to research what consumers want
7
What are the Concepts of Marketing
Social,Market,Price, Cash,Advert
Social, Marketing, product, production, selling
Promote, Research, Selling, Distribution
8
Definition of Marketing
“meeting the needs of your customer at a profit.”
is building your brand, convincing people that your brand is the best
All of the above
is delighting a consumer, customer and/or user to achieve a profit
9
The first step of the marketing concept is to
hire a team of talented marketing professionals
identify what will satisfy customers" needs
develop top-quality products or services
operate at a profit
10
Marketing links producers to....
retailers
marketers
distributors
custumers
11
marketing is all about money
False
True
12
How does marketing help improve your business?
Kims Nails.
No one can steal your idea
It makes your staff happy
People will start talking about your product
13
Purpose of Production Concept
To change the type of Product
Producing goods to Get more customers
producing goods to make it highly available and affordable for customers

MPP WEEK 1 Flashcards | StudBud