Question

brify explain any five objectives of marketing​

Answer 1

Answer:

1. Creation of Demand:

The marketing management’s first objective is to create demand through various means.

2. Customer Satisfaction:

The marketing manager must study the demands of customers before offering them any goods or services.

3. Market Share:

Every business aims at increasing its market share, i.e., the ratio of its sales to the total sales in the economy.

4. Generation of Profits:

ADVERTISEMENTS

The marketing department is the only department which generates revenue for the business.

5. Creation of Goodwill and Public Image:

To build up the public image of a firm over a period is another objective of marketing