Marketing Philosophies

Cards (11)

  • marketing philosophy is a core belief system directing an organization's marketing strategies. It includes a set of orientations shaping how the company views and interacts with customers and the marketplace.
  • Production Concept: Focuses on mass production and efficiency to lower production costs and make products affordable.
  • Product Concept: Emphasizes product innovation and quality, believing consumers will favor products that offer the most quality and performance.
  • Selling Concept: Aims to aggressively promote and sell products through persuasive advertising and sales techniques.
  • Marketing Concept: Puts customer needs and wants at the center of the marketing strategy, with a focus on creating customer value and building long-term customer relationships.
  • Societal Marketing Concept: Extends the marketing concept by considering customer satisfaction and societal well-being. It focuses on delivering products that meet customer needs while also benefiting society as a whole
  • Holistic Marketing Concept: Takes a broader view of marketing by considering not only customer satisfaction and societal well-being but also the company's financial performance and employee well-being. 
  • Relationship Marketing Concept: Emphasizes building and maintaining long-term customer relationships through personalized interactions and exceptional customer experiences.
  • Digital Marketing Concept: involves leveraging digital technology and channels to reach and
    engage with customers effectively, often through online advertising, social media marketing, and targeted content.
  •  Experiential Marketing Concept: Focuses on creating memorable customer experiences through sensory, emotional, and interactive marketing activities. 
  • Green Marketing Concept: Involves promoting environmentally friendly products and practices to appeal to environmentally conscious consumers.