what is Marketing Management Philosophies

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asked Jan 12, 2018 in Business Studies by jisu zahaan (28,760 points) 26 377 818
what is Marketing Management Philosophies

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answered Jan 12, 2018 by faiz (82,347 points) 6 6 11

1. Production concept: Emphasis on Quantity Focus: Availability and Affordability.
2. Product Concept: Emphasis on Quality Focus: Continuously improving quality, incorporating new factors, product improvement.
3. Sales Concept: Emphasis on Sales volume Focus: Attracting and persuading customers, aggressive promotional techniques.
4. Marketing Concept: Identify a need and fill it. Focus: Customer satisfaction
5. Societal Marketing Concept: Extension of marketing concept i.e. customer satisfaction with welfare of the society Consider social, ethical and ecological aspects of marketing.

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