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Marketing Concepts: Core Concepts, Theories, and Strategies

   

Added on  2023-06-10

12 Pages443 Words427 Views
Marketing concepts

Core marketing concepts
Needs, demands and wants
Segmentation, target market
Value satisfaction

Marketing theory

Buyer decision process
This is a process a customer goes through while purchasing products from the retail clothing industry.
There are five stages in the making of decision on product purchase.
Recognition of need
Searching of information concerning the product
Assessment of alternatives
Making of purchase decision
After purchase behavior

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