The Marketing Process |
The Marketing Process
The Marketing Process
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The Marketing Process
Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modeled in a sequence of steps: the situation is analyzed to identify opportunities, the strategy is formulated for a value proposition, tactical decisions are made, the plan is implemented and the results are monitored.
The Marketing Process:
- Situation Analysis
- Marketing Strategy
- Marketing Mix Decisions
- Implementation & Control
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