ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
the purpose of marketing is to create value for customers and capture value from customers in return
A
False
B
True
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -What Is Marketing? Marketing is a process by which companies create value for customers and build strong customer relationships to capture value from customers in return. market to satisfy its needs or wants. Exchange is the act of obtaining a desired object from someone by offering something in return.

Detailed explanation-2: -Value Marketing Definition Value-based marketing tactics help businesses and organizations gain their customers’ trust. By proving that you understand their unique situation, challenges or strategies, and have the resources or ability to help them, your clients are more likely to engage with your brand.

Detailed explanation-3: -Capturing value often emphasizes attention to market competition and controlling production costs. Creating value may require new production techniques, product development, service, market analysis and selling skills.

There is 1 question to complete.