Question

How is the modern concept of marketing different from the traditional concept? Explain with
example.

Answer 1

Answer:

Traditional Marketing concepts focuses on products only. Modern Marketing concepts focuses on customer's needs and wants. ... It targets customer in focus of product/service selling and availing high profit. It targets customer in focus of providing product/service and availing satisfactory profit

Answer 2

Answer:

Traditional Marketing concepts focuses on products only. Modern Marketing concepts focuses on customer's needs and wants. ... It targets customer in focus of product/service selling and availing high profit. It targets customer in focus of providing product/service and availing satisfactory profit.