Muhammad Ahmad The production concept: The production concept is defined as the idea that consumers will favor products that are available and highly affordable. Therefore, the organization should focus on improving production and distribution efficiency. In other words, the production concept can be defined according to the needs and want of consumers. In production concept companies focuses … Read more
Understanding The Marketplace Definition: The first step of marketing process can be describe as to understanding the marketplace which includes customer needs and wants. Understanding the marketplace is a place where goods and services are offered. Marketplace based upon your target audience, your marketing strategies and your business line. These marketing strategies can be based … Read more
Customer Relationship Management Definition: Customer relationship management can be described as the overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction. This process also starts from thinking of a product idea to delivering the final product to the end user. Explanation: The management of the company or as … Read more
Value And Customer Service: Value and customer service are the two keys to building lasting customer relationships. Here, a question rises in everyone minds why it is important to build a customer’s relationship. This is all because if you have a healthy relationship with customers. You have an option to retain your customers which will … Read more
Before I answer “what is Strategic branding” one should know what strategy is. A strategy is a plan to achieve an outcome. In the old sense, branding means ownership and it still has that meaning. However, a brand could be a logo or a symbol that connects it with the company or product. If your … Read more
Marketing Myopia, Let’s split these two words. It will be easier to understand. See. Marketing is selling goods, products, or services to the market. While ‘myopia’ means a problem with far sight. When a person cannot see far away. When a seller focuses on selling goods only, rather than focusing on customer needs, this problem … Read more
Have you ever experienced that you sign up on a website to purchase something? You select one thing and add it to your cart. You left your purchase without confirmation. But the next day, you accidentally see the same ad for that product on your browser. TaDa! You have been retargeted for remarketing. Almost 96% … Read more
Mass marketing helps to yield high-volume sales. Sellers want to sell products to as many people as possible. That’s why it is also known as undifferentiated marketing. They appeal to them that way. The mass distribution of ads links to all products. Both old and new products. Products that are available for purchase. The strategy … Read more
“Targeting definition” in simple words is identifying and selecting a specific group or individuals with particular interests and focused preferences. Philip Kotler describes targeting as “consists of a set of buyers who have common needs and/or characteristics to those that the company or organization decides to serve”. What is the Targeting Definition? In general, “Targeting … Read more
A sports marketing campaign can increase the number of fans and also attract sponsors and advertisers that will offer financial support for your team. We will explain sports marketing to get you to know how to market your sports team. We will discuss examples and also about entertainment marketing. Definition Of Sports Marketing: Sports marketing … Read more
