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Saturday, May 11, 2019

Concepts and Processes of marketing segmentation, Targeting and Essay

Concepts and Processes of marketing segmentation, Targeting and Postitioning - Essay ExamplePricing of a overlap depends on assorted vari sufficients before the harvest-feast is taken to the market. In marketing people supply to maximize profits which makes it very important for prices to be determined before the products are taken to non-homogeneous markets in the different geographical areas. The prices can also be different depending on the demand of the product existence marketed and their utility. The place or the desti democracy of the product is the third P of marketing. Marketers have to monitor and treasure the places where the products will be more appropriate and which segmentation will ensure that their marketing strategies will be useful and worthwhile. The last P of marketing explains the promotion strategies of the product. Promotion depends on various products and the marketers expectations of the same. Some products perhaps more promoted than others because human beings have a unique taste of products thus promoting a variety of products increases the chances of the products merchandising of faster than those that are not promoted (Sengupta, 2005). The Marketing Process The marketing processes vary from one different nation around the world to the different types of products being marketed in the same. Marketing over the years has improved from being a door to door operation to something that has expanded to internet activities occurring on a 24 minute of arc basis. Today Nokia energetic phones are being marketed in every corner making very clear for clients to learn about the product its services and other features that make it superior to other types of phones (McDonald, 2008). Various companies including Nokia mobile phone manufactures have decided to go digital with their marketing strategy with their main aim being to maximize their sells of the products as vigorous as be able to maintain their customers loyalty. Marketing is about prominent knowledge to the world about a companys product, like why the Nokia products are cave in than other phone producers, why the clients should decided on settling on Nokia product and stick with it, the benefits of the Nokia products in particular the phones on the short term basis as well as the long term and where the product best fits to be used. Marketing does not necessary reflect the product profit margin, but how well the product can be identified by various people around the world and the impacts it gives to various communities. Marketing is about selling the brand to as many people possible, giving details on any changes if about the product, updating customers on prices and the nearest stores they can access the products (McDonald, 2008). Marketing is about promoting a product to gain customers trust and liking to other manufacturers products that produce the same chassis products. The more resources a company uses to market its product the better chances the company may be able to sell their product to a larger segmentation. Market Orientation and a Brief Description of opposite Orientations That Could Be Adopted Marketing orientation course can be defined as companies, organizations or firms reacting to the customers demands and the attached products they produce will be to fit majority of the customers specifications. The decision for market orientation is based on the customers feedback and the companies concentrates more on the customer

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