Psychological Factors influence on Customer
One or more motives within a person activate goal-oriented behaviour. One such behaviour is perception, that is, the collection […]
One or more motives within a person activate goal-oriented behaviour. One such behaviour is perception, that is, the collection […]
The ways in which we think, believe, and act are determined to a great extent by social forces and groups.
The aim of marketing is to meet and satisfy customers’ needs and wants. The field of consumer behaviour studies
After thoroughly evaluating the different segments, the company can follow one of three strategies: market aggregation, single-segment concentration, or multipleĀ
Industrial markets can be segmented into some variables employed in consumer market segmentation. Such variables include geographic, benefits sought, and
There is no single way to segment a market. A marketer has to try different segmentation variables, singly and in
A market is the collection of people or organizations with (a) needs to satisfy (b) money to spend, and (c)
The annual marketing planning is the master blueprint for a year’s marketing activity for a specified organizational division or major product. It is usually a written document.
Strategic marketing planning is a five-step process that assesses current performance; establishes specific marketing objectives; determines positioning and differential
Companies that adopt the marketing concept realize that marketing efforts are more successful when they are carefully planned. Strategic
Definitionally, marketing mix is the mixture of controllable marketing variables thatĀ the firm uses to pursue the sought levels of sales in the target market.
A company’s marketing system often operates within the framework of marketing forces, which constitutes the system’s environment. Such forces are