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A. In details explain the marketing concept with all its components? Apply this concept on an existing product? (Marketing concept are: Consumer Research, Segmentation,

A.   In details explain the marketing concept with all its components? Apply this concept on an existing product? 

(Marketing concept are: Consumer Research, Segmentation, Market Targeting, Positioning)


B.    What is the Marketing Mix (define each element in the mix)? And how can you use the marketing mix in creating value for the consumer?  

(Marketing Mix are: The product, The price, Place, Promotion)

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A Marketing Concept The marketing concept is a business philosophy that focuses on meeting the needs and wants of customers while achieving organizational goals It revolves around understanding consum... blur-text-image

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