Marketing Concept Essays (Examples)

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Profits are optimized by increasing customer satisfaction and integrating the customer into the organizational goals.
If anything, the organizations need to be more creative than ever. Marketing needs to be a part of product development, and market research needs to continue to be a part of product innovation. The organizations need to take the input from their consumer community and implement it into their product line. A company's challenge is to collect information at the same time as not discouraging innovation. A way to further this concept is to have a team effort between the consumers and the companies where there is a continual interchange of ideas and critique and testing.

Moore's approach that wants to control consumers rather than understand them is almost in the caveman era. It is not that the marketing concept is erroneous. It is that the organizations using this concept are not farsighted enough to see….

This was backed up with market data that highlighted what was most important to cliental. It is at this point they would use the information to create an advertising campaign which assisted the firm in standing out against competitors. (Palmer, 2012)
The impact that this had on profitability and customer satisfaction are these two elements work in conjunction with each other. The way that this is occurring, is Apple can understand the needs of consumers and quickly address them. This helps to keep them at the forefront for innovation by understanding the way these transformations are taking place. (Stevens, 2004)

Conclusion

Clearly, the different models are showing how there are shifts in the way firms will address the needs of customers. Each one is focused on specific aspects of these challenges. In some cases, this will make it more difficult to respond to changes in the marketplace by concentrating on specific factors….

WEEK DISCUSSION POSTING 1Week 7 Discussion PostingAs Griffith and White (2019) indicate, to capture the breadth of the marketing concept, the 4Ps (i.e. product, place, price and promotion) could be used in various contexts. In seeking to implement the new Well-Baby Program, there are a number of queries that could be prompted by the 4 Ps. These have been highlighted below.a) Product1. What are some of the key issues or concerns that the new Well-Baby Program seeks to address?From an overall perspective, the Well-Baby Program seeks to improve the wellbeing of the entire community by first and foremost focusing on one specific demographic category. More specifically, the program seeks to optimize the health and wellbeing of young children by ensuring that all developmental milestones are met and that issues which could be a source of concern in the future are addressed.2. Are there programs that could be deemed similar to….


Illustrate the differences between a straight rebuy, modified rebuy, and a new task purchase. Why is it important to understand the differences?

A straight rebuy is the purchase of standard parts, maintenance, or repair, and operating supplies, or any recurring need purchased on a routine basis (Kotler, 2006). For example, the routine purchase of printing paper is a straight rebuy. A modified rebuy is a situation in which purchasers have experience to draw on, and consider alternatives to previous purchasing (Kotler, 2006). For example, if a company recently purchased a new printer from vendor A, but was not satisfied, they may decide to purchase from vendor B. In the same situation next time. A new task purchase is a situation in which purchasing does not have previous experience with a requirement, and thus, has no relevant knowledge of product solutions (Kotler, 2006). For example, if a company requires the purchase of….

This he can do by engaging in extensive advertising, public relations, sales promotion, personal selling, internet marketing, and sponsorship. Depending on the resources available, the client can use any form of mass media that is within his means. He can also go for the services of public relation companies to obtain favorable publicity within the media. The client can also make use of money off coupons or special offers to increase sales volumes in short-term. Internet marketing techniques like social media and videos on demand can also come in handy (Chaffey, 2007). Message strategy should be well thought out. The message should reinforce the benefit of that product (Schultz & Dev, 2005).
2.1.4 Place Strategy

This stands for ways by which goods are transported from the client to the end users. The client has to ensure that goods reach the market when they are still in good condition failure to which….

Here the marketer tries to project the product as an answer to these conflicts (Consumer Behavior: Chapter 3, 2010).
With motivation having such a major influence on consumption patterns of the customer, there is a strong need to learn about it as part of marketing research. Qualitative methods of observation, focus groups and in-depth interview and analysis are often used to try and understand the hidden motives of a consumer. The level of participation or how interested the consumer was about a product decides the degree of motivation a consumer had to buy a particular product. The foundation of stimulation and the particular situation the consumer is in when they come into contact with the product also determine the level of connection (Consumer Behavior: Chapter 3, 2010).

It could vary in degree, in which the customer's involvement could be at the basic stage which is passive or low. On the other….

The company will also offer training service for small and home businesses. ATC will achieve strategic positioning by delivering value proposition for its product and services. ATC will use packaging, brand name, styling, quality, and safety to position its products. The company will use cost advantages to compete in distinctive way.
Price: ATC will offer its product and services at industry average price. The company will not offer its products below the industry average price because the customers may believe that the company is not offering the best value for its product and services. However, ATC will use the early payment discount, price discrimination skimming and penetration as the pricing strategies.

Place: ATC will use different distribution strategy to reach customers .The company will open offices at the strategic positions across the United States where customers could order for the company product and services. The company will also use the internet….


In fact, the greatest marketing appeal that smaller, privately owned bookshops have, is just that; unique charm and a way to connect. Connections are missing from many aspects of modern urban society, and what a perfect way for marketers to take advantage of a rather captive psychographic audience than to utilize an idea paradigm in which people are wanting to come together to share their own thoughts (ebb, 2012). In one of the most successful enterprises of the late 20th century, Starbucks has proven this to be true. Culturally, this entrepreneurial spirit is accentuated by the Starbucks model believing that each of its shops (outlets) is the "Third Place," for people to spend time (first place being home, second being work)(Schultz, 1999, intro).

This is the marketing message for the bookstores -- be unique, find a niche, and become more than a bookstore, become part of the community. Offer classes, seminars,….

Marketing Planning
This marketing plan details Itcorp's business model. It addresses the company's mission, policies, strategies and objectives to achieve profitability. Itcorp's integrated software and hardware solutions for healthcare providers are described at length, as well as objectives for the long-term.

Our company

Itcorp plans to begin operations starting in January 2006. One thing that is unique about Itcorp is how it got its start. In 1988, two partners, Max Renfield and C.L. Rotwang, decided to start Jetson's, a business offering IT solutions to companies in the small to medium size range; in those days, the market was segmented mainly according to size. In the early 1990s, many of the companies Jetson's had been serving had grown to the point that the company's IT solutions were no longer adequate and so the company had to expand its product line to continue to serve these customers (and prevent them from switching to competitors).

y 1996,….


Price primary decision to be made when considering price dynamics is given by the pricing strategy the company must opt for. They must also consider seasonal pricing, discount pricing and price flexibility.

Pricing strategy: immediately after launch, the manufacturer will implement a penetration pricing strategy aimed at forming and consolidating a loyal customer base; this strategy will also ensure and easy penetration of the market and will attract the attention of the market. With the completion of the promotional strategies, Lex Corporation will implement a variable pricing strategy, meaning that the retail price to the end consumer will be given by the cost incurred during the production and distribution of the fridge; a change in these costs (commodities, technologies, labor force) will be reflected in the retail price

Seasonal pricing: a clear season when fridge sales increase or decrease has not been clearly identified; therefore, no seasonal strategies will be implemented

Discount pricing:….


Arguments against Marketing Being the Most Important Function

Over the last three years the turbulent economic environment has led company senior management teams to elevate finance to the most important function in a company (Matichich, 2009). Finance has in fact become so prevalent as the core focus of companies that the Chief Financial Officer (CFO) role now has greater responsibility than ever, from Information Systems (IS) to marketing budgets (Kierulff, Petersen, 2009). Finance has also emerged as the most important function in an organization because nearly every organization has had to deal with restructuring their financial plans and methods of financing (Matichich, 2009). Financial managers argue that without restricting of credit lines, leases and costs, there would be significantly less funds available to produce and sell goods and services. Marketing is seen as secondary to the need to gain more attractive financing and credit terms, which keep the company moving forward….

Marketing eport Summary & Approach
The author of this report has been asked to prepare a report central to some marketing concepts and questions. The first question asks the author to compare and contrast the promotional strategies that are used by two different companies for a similar product within the category that has been selected. The second question asks for there to be two recommendations via which the companies can use the marketing information to differentiate itself in the marketplace so as to gain an advantage over its competitors. There will be a rationale provided for those recommendations. The third question asks the author of this report to provide two uses for customer-oriented promotions that could assist a company in both the short- and long-term for the product group that has been selected. Fourth, there will be an analysis of the strategic manner in which a leading company in the product….

Marketing of intangible products differs slightly from the marketing of tangible goods in that there is no physical product that the customer can feel. However, because it is a product, the customer can still try the product before buying, such as with software. However, it is important to realize that the marketing of intangible, even in physical goods, is a critical element of all marketing. As an example, an athletic shoe manufacturer might market fitness and feeling healthy as part of their sales pitch, an intangible that is tangentially related to the product. Levitt (1981) outlines how the marketing of intangible goods and the intangible aspects of goods and services intersect, that there is considerable overlap between the two.
With intangibles, a company is marketing an idea or concept, and seldom can the consumer test this before purchase. This is quite similar to most services. At this point of intersection, the….

Marketing
Defining Marketing

Having progressed from the foundational four elements of product, price, promotion and place or distribution, marketing today is more multifaceted in its dependence on other departments, functions and stakeholders to succeed. These dependencies have been made more complex by the immediate, instantly visible aspects of every marketing campaign in social media (Bernoff, Li, 2008). No longer can a marketing strategy be executed in a vacuum; today every aspects of a campaign is immediately visible to the public, often immediately communicated through social media on a global scale. The challenge for marketers is to move beyond the four foundational elements of what marketing had been in the 20th century into what it has become today. The intent of this analysis is to compare two definitions of marketing, in addition to a personal definition as well. The importance of marketing to organizational success is also discussed, in addition to three….


Despite proven correlations between higher sales and customer concepts being integral to a company's culture, it is only the first step in implementing the marketing concept according to Ajay K. Kohli, Bernard J. Jaworski (1990). The next step according to these researchers is the ability to focus away purely from incremental sales and focus on profitability and the lifetime value of customers, which is the true basis of success for any company adopting the marketing concept and in turn aligning all processes, products, people and resources to align with the concept's key values.

Variations in the Marketing Concept vs. Selling

Levitt (1975) brings an excellent distinction to the differences between organizations that create the marketing concept as a core part of their organizations vs. simply using key values from the concept as an accelerated sales strategy. Levitt (1975) remarked in his landmark article Marketing Myopia that "selling focused on the need marketing….

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5 Pages
Essay

Business - Advertising

Marketing Concept According to Karl

Words: 1546
Length: 5 Pages
Type: Essay

Profits are optimized by increasing customer satisfaction and integrating the customer into the organizational goals. If anything, the organizations need to be more creative than ever. Marketing needs to…

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5 Pages
Term Paper

Business - Advertising

Societal Marketing Concepts Over the

Words: 1542
Length: 5 Pages
Type: Term Paper

This was backed up with market data that highlighted what was most important to cliental. It is at this point they would use the information to create an…

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1 Pages
Essay

Nursing

The 4Ps in Healthcare Marketing Concept

Words: 191
Length: 1 Pages
Type: Essay

WEEK DISCUSSION POSTING 1Week 7 Discussion PostingAs Griffith and White (2019) indicate, to capture the breadth of the marketing concept, the 4Ps (i.e. product, place, price and promotion) could…

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7 Pages
Term Paper

Business - Advertising

Marketing the Competing Concepts Under

Words: 2331
Length: 7 Pages
Type: Term Paper

Illustrate the differences between a straight rebuy, modified rebuy, and a new task purchase. Why is it important to understand the differences? A straight rebuy is the purchase of standard…

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6 Pages
Business Proposal

Business - Advertising

Marketing Decisions and Strategies Embraced

Words: 1836
Length: 6 Pages
Type: Business Proposal

This he can do by engaging in extensive advertising, public relations, sales promotion, personal selling, internet marketing, and sponsorship. Depending on the resources available, the client can use…

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7 Pages
Literature Review

Business - Advertising

Marketing Motivation the Concept of

Words: 2258
Length: 7 Pages
Type: Literature Review

Here the marketer tries to project the product as an answer to these conflicts (Consumer Behavior: Chapter 3, 2010). With motivation having such a major influence on consumption patterns…

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6 Pages
Term Paper

Business

Marketing Segmentation and Product Positioning

Words: 1812
Length: 6 Pages
Type: Term Paper

The company will also offer training service for small and home businesses. ATC will achieve strategic positioning by delivering value proposition for its product and services. ATC will…

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2 Pages
Book Report

Business - Advertising

Marketing Is'so Ingrained in

Words: 507
Length: 2 Pages
Type: Book Report

In fact, the greatest marketing appeal that smaller, privately owned bookshops have, is just that; unique charm and a way to connect. Connections are missing from many aspects of…

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25 Pages
Term Paper

Business

Marketing Planning This Marketing Plan Details Itcorp's

Words: 8175
Length: 25 Pages
Type: Term Paper

Marketing Planning This marketing plan details Itcorp's business model. It addresses the company's mission, policies, strategies and objectives to achieve profitability. Itcorp's integrated software and hardware solutions for healthcare providers…

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10 Pages
Term Paper

Business

Marketing Strategies for a New

Words: 2877
Length: 10 Pages
Type: Term Paper

Price primary decision to be made when considering price dynamics is given by the pricing strategy the company must opt for. They must also consider seasonal pricing, discount pricing…

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4 Pages
Essay

Business - Management

Marketing Is the Most Important

Words: 1165
Length: 4 Pages
Type: Essay

Arguments against Marketing Being the Most Important Function Over the last three years the turbulent economic environment has led company senior management teams to elevate finance to the most important…

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7 Pages
Term Paper

Transportation

Marketing Mixes Compared & Contrasted

Words: 2290
Length: 7 Pages
Type: Term Paper

Marketing eport Summary & Approach The author of this report has been asked to prepare a report central to some marketing concepts and questions. The first question asks the author…

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2 Pages
Essay

Urban Studies

Marketing Intangible Goods and Intangibles

Words: 777
Length: 2 Pages
Type: Essay

Marketing of intangible products differs slightly from the marketing of tangible goods in that there is no physical product that the customer can feel. However, because it is a…

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3 Pages
Essay

Business - Advertising

Marketing Defining Marketing Having Progressed From the

Words: 1071
Length: 3 Pages
Type: Essay

Marketing Defining Marketing Having progressed from the foundational four elements of product, price, promotion and place or distribution, marketing today is more multifaceted in its dependence on other departments, functions…

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2 Pages
Term Paper

Business - Advertising

Marketing Discussion of the Marketing

Words: 580
Length: 2 Pages
Type: Term Paper

Despite proven correlations between higher sales and customer concepts being integral to a company's culture, it is only the first step in implementing the marketing concept according to Ajay…

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