#marketingstrategy

Which Of The Following Is True Of Perceptual Maps?

Perceptual maps are tools that marketers use to help visualize the positioning of a brand or product in relation to its competitors. They are a visual representation of how customers perceive the different offerings in terms of their features, benefits, and overall quality. By understanding how customers perceive a product, marketers can develop positioning and …

Which Of The Following Is True Of Perceptual Maps? Read More »

What Is The Premise Behind The Marketing Concept?

The marketing concept is a business philosophy that focuses on the customer’s needs. It’s a popular approach for businesses seeking long-term success in a competitive environment. The premise behind the marketing concept is to recognize that it is more profitable to satisfy the needs of customers than to sell products and services regardless of those …

What Is The Premise Behind The Marketing Concept? Read More »