Wednesday, January 30, 2013

Consistent market growth = Successful market concept


With the Market at  consistent growth with products creates more wants and needs. The continued growth of products is successful in the marketing concept. The definition of marketing is the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling. While developing products does make a successful market and marketing strategy. The increase of products goes with the philosophy of production orientation. The more the manufacture develops, the more needs need to be filled. Customer satisfaction is important to maintain for a company, and for a customer to be loyal to a company. In my mind, the marketing concept will always come from a production marketing point of view. This is the type of philosophy that focuses on the internal capabilities of the firm, rather than the needs of the customer. The production way, is not bad, when the economy is doing well. If we didn't have this type of philosophy than there would be no new products for the consumer to indulge in. 

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