Question

Which of the following is the priority of new marketing strategies?

to sell products

to satisfy customer needs

to advertise products

to make money for the company

Answer 1

Answer:

To satisfy customer need.

Explanation:

New market strategy is the unification of marketing aims to form a detailed plan.

This is achieved through a diligent research and focus directed to the right product so as to attain the desired positive impact on the profitability and sustenance of the business.

To get this done , satisfying the customer need is given a prioritized attention.

Answer 2

The priorities of new marketing strategies is to satisfy the needs of the consumer in a very positive manner, and encouraging them.

Marketing strategies:

It means the setting up the goals of the business man in such a manner that he can maximize his profits by satisfying their customer needs.

The 4 very important marketing strategies are:

• Market Penetration Strategy,

• Market Development Strategy,

• Product Development Strategy,

• Diversification Strategy.

Hence, the priority of new marketing strategy is to satisfy the customer's needs .If the customer's needs get satisfied, the business ultimately goes on growing.

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