ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The role of marketing is:
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Identify customers, satisfy customers, retain customers
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Look for new customers, customer support, send quotations
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Provide entertainment, look for new customers, retain customers
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Identify new customers, look for new customers, send quotations,
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Explanation:
Detailed explanation-1: -Boiled down to its essence, the role of marketing is to identify, satisfy, and retain customers. Before you can create anything of value, first you must identify a want or need that you can address, as well as the prospective customers who possess this want or need.
Detailed explanation-2: -Marketing creates a transaction for exchanging the product for a value and thus create a satisfaction to the buyer’s needs. Marketing is based on identifying and satisfying customers’ needs profitability.
Detailed explanation-3: -The marketing concept rests on four pillars: target market, customer needs, integrated marketing and profitability.
There is 1 question to complete.