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Friday, April 26, 2019

Marketing concept and marketing orientation Essay

Marketing notion and marketing preference - Essay ExampleMarketing orientation centres on the target market. Marketing orientation also means organisations testament most likely practice globalisation since flexibility is paramount in a more and more belligerent environment. With marketing orientation, an organisation can sway client convey by making goods and services that are appealing, affordable, and easily accessible. Essentially, marketing orientation means an organisation has to take on the marketing concept.Marketing orientation means an organisation has competitive edge over rival firms (Almquist, 2014). contest organisations always find it hard to emulate marketing orientation when used as an internal unshakable point. This is because organisations always find marketing orientation hard to maintain. Maintaining marketing orientation means an organisation will have to stop being transparent about its promotion and communication strategies. The lack of transparency c reates competitive advantage for an organisation and makes marketing orientation non-transferable. Market-oriented organisations view these characteristics of marketing orientation as a pick for competitive advantage. To acquire this advantage, the organisation will also have to pour more resources into research, promotion, retailing, and sales. Target markets always follow certain trends that a market-oriented organisation has to know and abide by to gain the sectors competitive edge. Abiding by these trends means the organisation has to come up with commodity strategies that address customer needs and wants.The four Ps of marketing, market plans, behaviour, and research are factors an organisation can consider when want market orientation. A stipulated example is GrameenPhone, Bangladeshs top telecoms firm. In 2012, GrameenPhone had a market share of 62%, which represents 8.5 million subscribers. This market share seems impressive but is

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