Marketing & Advertising Marketing shapes consumers needs and wants By akuafrimpomaa‚ may 2011 | 2 Pages (446 Words) | 6 Views | 4.5 1 2 3 4 5 (1) | Report | This is a Premium essay for upgraded members Upgrade to access full essay YOU KNOW YOU WANT TO... Send MARKETING DEBATE: Marketing shapes consumer needs and wants versus marketing merely reflects the needs and wants of consumers POSITION: MARKETING SHAPES CONSUMERS NEEDS AND
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Does marketing create or satisfy needs? Take a position‚ marketing shapes or merely reflects needs and wants of consumer? When we talk about marketing‚ there are lot things that we should know first. Marketing is activities of creating value that desired by the potential buyers and receiving value from the potential buyers for the value that they have received. When marketers want to create something that has value to the potential buyers‚ marketers must know first‚ what do the potential buyers
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MARKETING DEBATE: Marketing shapes consumer needs and wants versus marketing merely reflects the needs and wants of consumers POSITION: MARKETING SHAPES CONSUMERS NEEDS AND WANTS DEFINITIONS * Marketing is the management process of identifying‚ anticipating and satisfying consumer needs and wants profitably. CONSUMER * Consumers are the users of any product or service. They are also considered as the starting point of any business and also the survival of every business depends on
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different set of needs and wants. Needs refer to the essential and basic requirements of all humans in order to survive. These needs comprise of food‚ water‚ shelter and warmth. Wants‚ on the contrary‚ are all the unnecessary desires and wishes humans make to satisfy themselves. Marketing exists to identify and ultimately explain the decisions people make in order to satisfy their needs and wants. In addition‚ marketing is about understanding the behavior of people. Marketing is a management process
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Since as we knew marketing came to people’s life in the 1950s and 1960s.With the rapid improvement in marketing‚ there is an strong argument‚ which is marketing shapes the needs and wants or marketing reflects the needs and wants of customers. People used to define that marketing is selling goods which people do not really need. However‚ marketing concept defined as “achieving organizational goals depend on determining the needs and wants of target markets and delivering the desired satisfaction
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started trading goods‚ marketing was created. Marketing has evolved and there were several phases in its evolution. First‚ there was the production of the product‚ with no consideration on customers’ wants and needs. Secondly‚ customer’s wants and needs were not really considered as products were pretty much standardized. Lastly‚ products were differentiated and a focus on customer ’s wants and needs came to the forefront of business concern‚ which was the needs and wants of customers. (Kotler‚ P
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“Demography does not need marketing” Justify Market segmentation is a marketing concept which divides the total market into smaller sub categories to have a better understanding according to taste‚ demand and preference of the consumer. To analyze the consumer with a better understanding market segmentation is divided into 4 sub categories according to the consumer’s‚ geography‚ demography‚ behavior & psychograph. Definition of demography means according to age‚ gender‚ income‚ marital status
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Does marketing create or satisfy consumer needs? Comment on the “dark side” of marketing I believe marketing does both by first trying to satisfy the consumer’s needs and then second use the knowledge gained from their customers to introduce new products or services that will provide the best benefits for their consumers. “Marketing has helped introduce and gain acceptance of new products that have eased or enriched people’s lives. It can inspire enhancements in existing products as marketers
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A. Marketing merely reflects the needs and wants of customers. B. Marketing shapes consumer needs and wants. Part A ’Marketing merely reflects the needs and wants of customers.’ We all need to eat‚ drink and sleep and reproduce‚ this is all part of who we are as human beings. Therefore at the basic level companies will strive to satisfy these functions and keep doing so by once in a while showing advertisements that tells the public that they are around and can provide the products they need
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Marketing is an ongoing activity that does not stop‚ continuously obtaining needs that define a state of felt deprivation and wants that defines what is need. It involves transaction in terms price‚ place‚ product and promotion. At the end of this exchange‚ the most important result most desired is customer satisfaction. The discovering and satisfying of consumers’ needs and wants is the prime marketing activity. Thus‚ the marketing function is to search needs and then satisfy it. According to Philip
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