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 need or want. As a marketer, it does not make any sense if we sell something that does not have value, or if the marketers want people to purchase something that they do not need of even want. Marketers can not force anyone to do something. They can only ask them to buy their product or service. Some people might not care about what they are asking for. So, in the business of selling product or service, we know word “marketing”. Marketing is an art of identifying and meeting the people’s needs and wants. It is all about communication between two parties that profitable for the both sides by exchanging value.
Marketing is not that easy to do. As we know, we can not mess with the “free will” of the people around us or people that we see as the potential buyers. It is up to them if they are willing to buy the marketers’ products or service. In this case, the marketers have to do their marketing activities. Their job is to tell people that their product or service is suit with the people’s need or want. Therefore, the marketers have to know what do people need or want. How can the marketers find out about what the people need or want? They analyze the potential buyers. They have to collect data about the potential buyers. The data is all about their behavior and so on. Anything that can help the marketers to make the potential buyers recognize their product or service and tell them that they should buy it because it is something that they need or want. Products and services can not be created or even sold if people do not need or even want them. So, the data about the potential buyers’ behavior is important. When the marketers analyze the data, they can tell if their product or service is desirable or not.
In the marketing, we know “4p’s”. 4p’s are product, place, price, and promotion. First is product. It means that in order to make the potential buyers purchase the marketers’ product or service, they have to create a product or service that has desirable value. In another word, a useful product must be created for the potential buyers. Second is place. When the marketers want to sell their product or service, they have to consider the place also. Place that geographically potential to sell the product or service. Selling product or service at a wrong place can bring the marketers to the misery of loss. It can happen because place or environment can affect the ways of thinking or the behavior of the people in it. Different place means different need and want. Kentucky Fried Chicken (KFC) recognize the need of Indonesia people for chicken that being eaten with rice. So, unlike in the other countries, they sell not only fried chicken, but also rice in Indonesia. So, it is an important thing to consider the place to sell the product or service. Third is price. When the marketers sell their product or service, they have to set price that suit with their product or service. For example, we can not sell T-shirt at a price of $10,000. It will make sense if what we sell is car. So, the marketers have to set the price based on the value they are offering to the potential buyers. Nowadays, discounts can make the product or service being purchased. Setting the lowest price to pull the potential buyers is becoming trend to many companies. The last one is promotion. Talking about promotion is all about sending message to the potential buyers. The message tells the potential buyers that they need or want the product or service. That...
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