Categories: Marketing

Needs,Wants and Demands

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;92 -->&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;<h3>Demands<&sol;h3>&NewLine;<p align&equals;"justify">Demand is want backed by buying power&comma; human being have unlimited wants but resource are limited in the world&period; Its not possible that each human being get the desire things in the world&period; Wants are wishes of human&comma; buying power will convert these wants to demand&period;<&sol;p>&NewLine;<p align&equals;"justify"><strong>For Example&comma;<&sol;strong><&sol;p>&NewLine;<p align&equals;"justify">Willingness to buy BMW is want but if you have the buying power then it becomes demand&period;<&sol;p>&NewLine;<p align&equals;"justify">Manager and marketers always focus on people wants and demands to do that they conduct in depth research using number of different tools such as surveys&comma; interviews&comma; observation and others&period; That&&num;8217&semi;s the reason CEO of huge company like Wal-Mart visit store to have a check on customer&comma; talk to them&comma; observe them to understand their needs and Wants&period;<&sol;p>&NewLine;<p align&equals;"justify">&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;92 -->&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;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;92 -->&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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