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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.” “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.” “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,” “if we do not change our direction,we are likely to end up where we are headed” “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.” “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.” “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” “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” “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.” “Marketing 5.0, by definition, is the application of human-mimicking technologies to create, communicate, deliver, and enhance value across the customer journey.” “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.” “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” “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.” “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.” “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.” “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.” “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” “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.” All Quotes | Add A Quote Marketing 4.0 2,640 ratings Open Preview See a Problem?We’d love your help. Let us know what’s wrong with this preview of Marketing 4.0 by Philip Kotler. Thanks for telling us about the problem. Marketing 3.0 1,508 ratings Open Preview See a Problem?We’d love your help. Let us know what’s wrong with this preview of Marketing 3.0 by Philip Kotler. Thanks for telling us about the problem. Welcome back. Just a moment while we sign you in to your Goodreads account. 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.
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