Old concept or product oriented concept of the marketing, Marketing Management

Assignment Help:

Old concept or product oriented concept of the marketing:

There is the classical concept of marketing. According to this concept, marketing is a part of the production process. This concept is based on the assumption that the manufacturer must produce the goods and distributes them to the consumers. He needs not to bother about the choice of the needs of the consumers. Some important definitions of this concept are as under:

According to the American marketing association: according to this concept "Marketing is the performance of business activities that direct the flow of goods and services from the product to consumer or user".

According to Professor J.F Pyle: "marketing comprises both buying and selling activities". Above two definitions of marketing confines the marketing to sale and purchase only. These definitions do not include any allied activity of marketing such as, transportation, storage, financing, insurance risk, bearing etc.

According to the Tousley, Clark and Clark: "Marketing consists of those efforts which effects transfers in the ownership of goods and services and provide their physical distribution". This definition of marketing includes the factor of physical distribution also along with sale and purchases of goods and commodities. Thus, this definition is wider than the earlier definitions. 


Related Discussions:- Old concept or product oriented concept of the marketing

Shift in orientation from old concept to modern concept, A shift in orienta...

A shift in orientation (from old concept of new or modern concept): in short, the marketing concept essentially represents a shift in orientation: 1.      From production ori

Mr., How should Shoppers? Stop develop its demand forecasts?

How should Shoppers? Stop develop its demand forecasts?

What are the ways devised in competition by theodore levitt, What are the w...

What are the ways devised in competition by Theodore Levitt? Several of the ways devised in words of Theodore Levitt to outsmart the competition are as: a. Be a customer led

Marketing concept, The Marketing Concept The marketing concept holds t...

The Marketing Concept The marketing concept holds that gaining organizational goals based on determining the wants and needs of target markets and delivering the desired satis

Explain about the technology and organizational structure, Explain about th...

Explain about the Technology and Organizational Structure. Technology and Organizational Structure: Technology affects the Human Resource Structure as within the given wa

What you expect to be a quality service, Question: (a) Why are services...

Question: (a) Why are services generally more difficult to evaluate - both before and after consumption - as compared to most goods ? (b) Discuss how customer expectations

What is a consumer, Question :1 What is a consumer? List and describe t...

Question :1 What is a consumer? List and describe them. Question 2: Explain in your own words what the consumer wants? Also list the four principle factors at when exa

Equations Solvable for p, Suppose the equation F (x, y, p, …., pn) = 0 on s...

Suppose the equation F (x, y, p, …., pn) = 0 on solving for p is expressible as (p – ƒ1) (p – ƒ2) …. (p – ƒn) = 0, Where ƒi’s are functions of x and y. Then P – ƒi = 0, I = 1, 2

Explain about the online research phase, Explain about the online research ...

Explain about the online research phase. Online Research Phase: In the phase of online research, you should research your market. Who are your major competitors? What are

Test marketing, What is test marketing? Explain the various approaches that...

What is test marketing? Explain the various approaches that are followed by FMCG Companies in test marketing.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd