00:01
We need to understand about the marketing concept.
00:04
So, what is marketing concept if we're talking about so, it is a business philosophy basically, this is the business philosophy that focus on focus on meeting the needs and wants of customer while also achieving organizational goal also achieving organizational based on the belief that customer satisfaction on the belief that based on the belief that customer satisfaction and customer relationship are key to business success.
00:57
So basically marketing concept focus on this thing.
01:01
Now the marketing concept will revolve around the following principles.
01:05
So principles of marketing concept is number one customer orientation to basically it emphasize on understanding and meeting the needs and wants of customer it involved conducting markets research analyze consumer behavior and developing products and services that address customer preference.
01:29
Second principle can be integrated marketing.
01:36
So basically marketing concept emphasize on coordination and integration of all the marketing all marketing activities to deliver a consistent and cohesive message to customer like product development pricing promotion and distributing strategies.
01:52
It had to create a unified marketing approach...