Consumers purchase vary on a seasonal, monthly, weekly or even hourly basis. this is

Consumers purchase vary on a seasonal, monthly, weekly or even hourly basis. this is

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Showing 1-30 of 50

“Marketing is not the art of finding clever ways to dispose of what you make. It is the art of creating genuine customer value.”
Philip Kotler

“Over the past 60 years, marketing has moved from being product-centric (Marketing 1.0) to being consumer-centric (Marketing 2.0). Today we see marketing as transforming once again in response to the new dynamics in the environment. We see companies expanding their focus from products to consumers to humankind issues. Marketing 3.0 is the stage when companies shift from consumer-centricity to human-centricity and where profitability is balanced with corporate responsibility.”
Phillip Kotler

“George Loewenstein of Carnegie Mellon provides one of the simplest definitions of curiosity: the feeling of deprivation that comes from an information gap between what we know and what we want to know. Separately,”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital

“if we do not change our direction,we are likely to end up where we are headed”
KOTLER PHILIP

“In making purchase decisions, customers are essentially influenced by three factors. First, they are influenced by marketing communications in various media such as television ads, print ads, and public relations. Second, they are persuaded by the opinions of their friends and family. Third, they also have personal knowledge and an attitude about certain brands based on past experiences.”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital

“promoters, who recommend the brand; passives, who are neutral; and detractors, who are unlikely to recommend the brand. The Net Promoter Score is measured by the percentage of promoters subtracted from the percentage of detractors. The key argument is that the ill effect of negative word of mouth reduces the good effect of positive word of mouth.”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital

“The value decade is upon us. If you can’t sell a top-quality product at the world’s lowest price, you’re going to be out of the game . . . the best way to hold your customers is to constantly figure out how to give them more for less.—Jack Welch, Chairman, General Electric”
Philip Kotler, Kotler on Marketing: How to Create, Win, and Dominate Markets

“Negative demand — Consumers dislike the product and may even pay to avoid it. Nonexistent demand — Consumers may be unaware of or uninterested in the product. Latent demand — Consumers may share a strong need that cannot be satisfied by an existing product. Declining demand — Consumers begin to buy the product less frequently or not at all. Irregular demand — Consumer purchases vary on a seasonal, monthly, weekly, daily, or even hourly basis. Full demand — Consumers are adequately buying all products put into the marketplace. Overfull demand — More consumers would like to buy the product than can be satisfied. Unwholesome demand — Consumers may be attracted to”
Philip Kotler, Marketing Management [with Indian Case Study]

“This is the portrait of the future customers—connected yet distracted. A survey by the National Center for Biotechnological Information shows that the average human attention span has dropped from 12 seconds in 2000 to 8 seconds in 2013. This can be attributed to the massive and overwhelming volume of messages that constantly bombard our connected mobile devices and demand instant attention.”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital

“Marketing 5.0, by definition, is the application of human-mimicking technologies to create, communicate, deliver, and enhance value across the customer journey.”
Philip Kotler, Marketing 5.0: Technology for Humanity

“Random conversations about brands are now more credible than targeted advertising campaigns. Social circles have become the main source of influence, overtaking external marketing communications and even personal preference. Customers tend to follow the lead of their peers when deciding which brand to choose. It is as if customers were protecting themselves from false brand claims and campaign trickeries by using their social circles to build a fortress.”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital

“The inevitable consequence is that the wealthy become dominant. The wealthy set their own pay or the company boards pay very generously. Each company board, in hiring a new CEO, feels it must pay as much or more than the competitive companies pay their CEO, rather than using the firm’s earnings or share price or some other yardstick. In many sectors, especially in the financial sector, there is more collusion than real competition. The wealthy see their pay as describing their worth, and they rely on their wealth and political influence to defeat democratic measures to contain or tax them sufficiently. Democracy is therefore in danger of being destroyed by capitalism. Unless there is higher taxation on wealth and more regulation to promote real competition, democracy is subverted.8”
Philip Kotler, Confronting Capitalism: Real Solutions for a Troubled Economic System

“En el proceso de decisión de compra hay tres factores esenciales que influyen en los consumidores: en primer lugar, la comunicación de marketing de las empresas en diversos medios, como los anuncios de televisión, la publicidad impresa o las relaciones públicas; en segundo lugar, las opiniones de sus amigos y familiares, y en tercer lugar, su conocimiento previo y su actitud personal hacia ciertas marcas por sus experiencias pasadas.”
Philip Kotler, Marketing 4.0 (Versión México): Transforma tu estrategia para atraer al consumidor digital

“Người ta thường có ảo tưởng rằng có thể công nghiệp hóa một quốc gia bằng cách xây dựng các nhà. Không phải. Bạn công nghiệp hoá bằng cách xây dựng các thị trường.”
Philip Kotler

“Người ta thường có ảo tưởng rằng có thể công nghiệp hóa một quốc gia bằng cách xây dựng các nhà máy. Không phải. Bạn công nghiệp hoá bằng cách xây dựng các thị trường.”
Philip Kotler

“The concepts in Marketing 5.0 are, thus, tools-agnostic. Companies can implement the methods with any supporting hardware and software available in the market. The key is that those companies must have marketers who understand how to design a strategy that applies the right technology for various marketing use cases.”
Philip Kotler, Marketing 5.0: Technology for Humanity

“The next tech is applied to help marketers to create, communicate, deliver, and enhance value across the customer journey. The objective is to create a new customer experience (CX) that is frictionless and compelling”
Philip Kotler, Marketing 5.0: Technology for Humanity

“But what distinguishes this new type of customer from other markets we have seen before is their tendency to be mobile. They move around a lot, often commute, and live life at a faster pace. Everything should be instant and time-efficient. When they are interested in things they see on television, they search for them on their mobile devices. When they are deciding whether to buy something in-store, they research price and quality online. Being digital natives, they can make purchase decisions anywhere and anytime, involving a wide range of devices. Despite their internet savvy, they love to experience things physically. They value high-touch engagement when interacting with brands. They are also very social; they communicate with and trust one another. In fact, they trust their network of friends and family more than they trust corporations and brands. In short, they are highly connected.”
Philip Kotler, Marketing 4.0: Moving from Traditional to Digital


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Marketing 4.0
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Consumers purchase vary on a seasonal, monthly, weekly or even hourly basis. this is

When consumer purchases vary on a seasonal monthly weekly?

Irregular demand—Consumer purchases vary on a seasonal, monthly, weekly, daily, or even hourly basis.

When consumers purchases vary on a seasonal basis this state of demand is called?

Irregular demand The demand for many products and services are seasonal. Irregular demand indicates the situation when consumer purchases vary on a seasonal, monthly, weekly, daily, or even yearly basis.

What is a seasonal consumer?

More Definitions of Seasonal Consumer Seasonal Consumer means a consumer who normally uses electricity supply for a purpose which operates for a particular part of the year not exceeding nine (9) months.

What are the types of customers demand?

There are 8 states of demand: negative demand, no demand, latent demand, falling demand, irregular demand, full demand, overfull demand and unwholesome demand.