BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To determine the needs or wants of customers and to satisfy it
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To consistently meet or even exceed customer expectations
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Either A or B
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None of the above
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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 marketing is to reach your target audience and communicate the benefits of your product or service-so you can successfully acquire, keep, and grow customers.
Detailed explanation-3: -Some examples of marketing goals include: Building brand awareness. Generating a high volume of qualified leads. Establishing thought leadership. Attributing marketing activities to revenue generation.
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.