Friday, January 3, 2020

Marketing Plan For Product And The Managers - 1211 Words

Second, marketing helps the business find out customer needs, use different selling plan to improve the sale of the goods or services and then satisfy the needs. Marketing design the plan for the product and the managers can follow the four condition, product, price, place and promotion, means the 4Ps of marketing, to decide the final plan. Understanding the customer needs are important in marketing. Because different type of customers have different needs. Then, customer always be the main focus into the marketing plan (Chapman 2011, p. 125). However, before the managers decide the marketing plan, they need to understand the six main type of market. Because choosing the correct market is important for a product. And it affects the following part of the marketing plan, such as decision of selling place or the plan of promotion. Then, the six types of market are resource market, industrial market, intermediate market, consumer market, mass market, and niche market. Those types of mark et are totally different and the managers need to choose it carefully when they decide the marketing plan (Chapman 2011, p. 138-139). In addition, there are four main elements influence the customer’s buying behaviour. On psychological, the influence only affect individual, then the buying motives, personality and personal education also affect the buying behaviour. Next, on sociocultural, the culture of the country, customer’s social class or family culture might affect the active of buying.Show MoreRelatedGlobal Marketing Of Cholesterol Lowering Drugs As Therapy776 Words   |  4 Pagesglobal marketing is consistently increasing, the marketing manager must be knowledgeable in the category of global marketing. Global marketing encompasses how marketing to one area of the world differs from the other parts of the world creating markets to the toughest to reach customers. 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