MANAGEMENT

Detailed explanation-1: -In marketing, satisfying customer needs and wants is the easiest way to increase profits and sell more products and services. The definition of desire in marketing is finding what the consumer is longing for and needing. Marketing strategies look to fulfill different needs to get the consumer to buy the product.

Detailed explanation-2: -The purpose of a marketing plan is to have a defined path to go to obtain new customers, strengthen relationships with current customers and clients, increase sales, improve retention and increase brand awareness.

Detailed explanation-3: -Increase sales of a particular product, in a specific market or price range. Extend or regain market share for an existing product or service. Introduce a new product or product line.

Detailed explanation-4: -Customers expect and want a unique and personalised experience; businesses can offer this by: Collecting and analysing data that allows companies to send the right message to the customer at the right time. Customer satisfaction is achieved by making each customer feel unique.