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Who said “The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.” ?
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- A: What are the other companies that sell latex glove product? B:What are the marketing strategies that they use?Satisfaction of consumer needs and wants is the focal point of the marketing philosophy and the customer is considered to be king.’ Required:a) Comment on this statement and highlight the importance of the marketingphilosophy to modern business organizations.1. What is a target market? Why is it important to know the target before creating the marketing mix?
- In what ways is the company Target addressing the needs and wants of its target consumers? please no plagiarism.Why would firms want to differentiate their products, even if “on average” consumers liked them equally well?Describe FOUR (4) options you might take if your customer believes your product did not fulfill their needs.
- What is the range of the target market?Satisfaction of consumer needs and wants is the focal point of the marketing philosophy and the customer is considered to be king.’ Comment on this statement and highlight the importance of the marketing philosophy to modern business organizations.Provide an original example of a product or service to which you are brand loyal, meaning no other brand can be substituted. How long have you been using this particular brand? Explain the reasons for your brand loyalty. Consider the four aspects of market segmentation, and describe how the company segments the market for this particular product or service.
- What is meant by High Value Customers ?Pick a product that comes in a jar or bottle that advertises benefits to your urinary system: 1) What is this product? 2) How does it benefit your urinary system in detail down to the cellular level. 3) What urinary ailments does it claim to fix? 4) Are the studies underlying these beneficial effects fully legitimate? For example, do they come from within-company sources or from outside reviewers?Less than 250 words. Discuss the types of decisions related to each element of the marketing program for delivering a value proposition and positioning it correctly in the minds of the target customer.