A marketing orientation focuses on identifying customer needs and wants in order to design and sell goods and services that satisfy those needs, which leads to increased profits. Key aspects include understanding customer needs through research, designing products and services to meet those needs, and ensuring continuous improvement based on customer feedback. The benefits are increased sales, customer satisfaction and loyalty, while the challenges include requiring broad scope, constant change, and investment in research.
A marketing orientation focuses on identifying customer needs and wants in order to design and sell goods and services that satisfy those needs, which leads to increased profits. Key aspects include understanding customer needs through research, designing products and services to meet those needs, and ensuring continuous improvement based on customer feedback. The benefits are increased sales, customer satisfaction and loyalty, while the challenges include requiring broad scope, constant change, and investment in research.
A marketing orientation focuses on identifying customer needs and wants in order to design and sell goods and services that satisfy those needs, which leads to increased profits. Key aspects include understanding customer needs through research, designing products and services to meet those needs, and ensuring continuous improvement based on customer feedback. The benefits are increased sales, customer satisfaction and loyalty, while the challenges include requiring broad scope, constant change, and investment in research.
• Increased business volume and market share • Constant Change • Increased customer satisfaction and loyalty • Investment in research • Increased innovation by listening to the customer • Planning challenges • Continuous improvement of efficiency and effectiveness • Happier employees because they are making happier customers • Resilience and faster adaptation to change Marketing Orientation Approaches