Categories: Marketing

Consumer Oriented Marketing

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p align&equals;"justify">In the recent past&comma; mostly companies used to adopt a product oriented approach to introduce and promote a product in the market&period; This was considered to be a naive endeavor of creating and marketing a product without any research done to find out what actually the consumer wants or any other related information to seek profits&period; This is how the consumer oriented approach came into practice in marketing&period;<&sol;p>&NewLine;<p align&equals;"justify">Before implementing on the consumer oriented marketing strategy&comma; following are certain fundamentals to abide by&colon; <br &sol;>Which market segment the business should target at&quest; Whether the consumers they target belong to a specific gender&comma; age and culture&quest; This can be found out easily by conducting a thorough survey at location or areas where the products or services are being sold out&period; How commercial are those markets&quest; Generally&comma; the biggest markets are more profitable for the business&period; Moreover&comma; what are the buying habits of that market&quest; For instance&comma; when you are aware about the need of a consumer for a certain product or service it can be advantageous to know that information earlier&period;<&sol;p>&NewLine;<p align&equals;"justify">Not long ago before this strategy was constructed&comma; the marketing activities were done simply to promote the products and to increase the market share&period; In today’s competitive environment&comma; the marketing activities are structured to fulfill the needs&sol;wants of the consumers&period; The modern marketing has now emphasized the importance of consumer oriented marketing concept as the marketing activities are structured on the notion and purpose of thought such as&colon; <&sol;p>&NewLine;<blockquote>&NewLine;<p align&equals;"justify">Majority of the consumers know what they need<&sol;p>&NewLine;<p align&equals;"justify">Orientation to consumer’s needs&sol;wants is set as the main target for a successful implementation of marketing activities&period;<&sol;p>&NewLine;<p align&equals;"justify">Marketing research can provide the best result in determining the needs&sol;wants of the consumers&period;<&sol;p>&NewLine;<p align&equals;"justify">The satisfied consumers will appreciate the producers by doing a repetitive purchase&period; <&sol;p>&NewLine;<&sol;blockquote>&NewLine;<p align&equals;"justify">The consumer oriented marketing is seen as an alternative to the traditional oriented marketing which is where a product that is being endorsed and promoted is the center of attention to the marketers&period; The major three focuses to consumer oriented marketing is seen as an influence on what the consumer purchases&colon; &lbrack;sky&rsqb;<&sol;p>&NewLine;<h2 align&equals;"justify">Size<&sol;h2>&NewLine;<p align&equals;"justify">This represents the size of the brand or market that makes the brand stand out amongst its competitors&period; This helps to create a model where the brand is able to analyze its own size of the market and the saturation within the market&period;<&sol;p>&NewLine;<h2 align&equals;"justify">Congestion<&sol;h2>&NewLine;<p align&equals;"justify">Some markets are seen as congested and persuading a consumer in the congested market is difficult&period; The consumer oriented marketing has to work at its best to influence the consumers to believe that this is the right product that they need&period; <&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<h2 align&equals;"justify">Purchasing Power<&sol;h2>&NewLine;<p align&equals;"justify">The consumer oriented marketing must be directed at the right target audience&period; The purchasing power is the right determinant of how the product is being marketed&period; This involves a lot of research work to gather the right information about the consumers&period; <&sol;p>&NewLine;<p align&equals;"justify">The Consumer Oriented Marketing has a constant focus on all areas of the business i&period;e&period; philosophy&comma; goals&comma; vision&comma; the marketing strategies and website&period; Therefore&comma; the consumer oriented marketing should work hard to gratify and fulfill the needs&sol;wants of a defined group of consumers in consideration of the fact that it can never be all&nbsp&semi; things to all people&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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