Marketing Starts before Production of goods but continues after_____
Answers
Answer:
Selling of products. is your answer
Explanation:
Hope it helps you
Explanation:
Why does marketing start before production, and continue after the sale?
It is important for marketing to start before production and continue even after sales Marking before production is useful as it gets the product and brand into the minds of the public. After production, marketing helps to keep people interested.
Marketing is more than advertising or selling. It is a complex process involving three steps:
(1) Determine what customers want or need.
(2) Supply the customer with the goods and services to satisfy these wants and needs.
(3) Defining the price that shows a profit to the business.
Good marketing starts before a product is produced or a service delivered.
First, determine if there is a market for the product or service. This is one of the most critical questions for any business. Then, analyze the market to understand customers, competitors and the supply network. Next, look closely at the product or service. Try to be as objective as possible. Ask the following questions:
Is the product or service in constant demand? Is there a need?
How many competitors provide the same product or service?
• What is your competitive advantage?
•Can a demand for the product or service be created?
•Can the business compete in price, quality and services?
•Can the product or service be priced to generate the projected profit?
Marketing must play the leading role in shaping business strategy as Philip Kotler said, marketing is the social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging product and value with others. A product is anything that can be offered to a market for attention, use or assumption that might satisfy a want or need. It includes physical objects, services, person, places, organization and ideas. Marketing holds that achieving organizational goals depends on determining the needs and wants of target markets and delivering the desired satisfaction more effectively and efficiently than do. Thus marketing starts with identifying consumer needs, then the product and services are planned according to the needs of the customer rather than the availability of materials and competitors machinery. The goal of marketing is to attract new customers and keeping them by delivery satisfaction.