Explain three marketing inefficiencies

Assignment Help Marketing Management

Reference no: EM1336700

Explain Three Marketing inefficiencies

Some firms are too production-oriented and inefficient. That can result in customers who are not satisfied and micro-marketing that can cost too much. Need help in explaining these three efficiencies.

The three marketing inefficiencies are:

1) Lack of interest in or understanding of the customer

2) Improper use of the four P's, which is caused by overemphasis on internal problems vs a customer's orientation

3) Lack of understanding of or adjustment to the marketing environment (especially what competitors do).

Reference no: EM1336700

Questions Cloud

Capital structure analysis-liabilities and owner equity : Find out percentage of the firm's asset does the firm finance using debt (liabilities)? The fraction of the firm's assets that the firm finances using debt is

Explain the types of operations considerations : Discuss and explain the types of operations considerations

What dependencies there may be : For each one justify why you would select the particular file format and what dependencies there might be.

Local and capital structure : Why might a firm use a "local" capital structure at the particular subsidiary which differs substantially from its "global" capital structure?

Explain three marketing inefficiencies : Explain Three Marketing inefficiencies and Lack of understanding of or adjustment to the marketing environment

Finance capital structure decision and cost of capital : Upon reviewing total debt/equity ratios, company betas, profitability ratios, company revenue, assets, and liabilities, and the nature of the operations of the companies including the nature of their customers and products.

Quanity demanded among a stationary aggreate curve : Decreases aggregate quanity demanded among a stationary aggreate curve. E rases the equilbrium level of output and employment.

Determine process velocity : Mop and Broom Manufacturing estimates that it takes 4 1/2 hours for each broom to be produced, Determine process velocity.

Organization reward structure : Describe the relationship between type of reward structure employed by an organization for its employees and employee effectiveness and work productivity.

User Account

All Pages