Answer:
Explanation:
Five marketing concepts are very important and play a vital role in marketing:
Product concept: Consumer wants a product that is widely accepted and inexpensive. The product concepts are more operation.
Product: Consumer favors products that have more quality.
Selling concepts: Customer buys only those products that are selling by the company more aggressively.
Marketing concepts: It focuses on needs and wants to target the market, delivering value better than competitors.
Societal marketing concepts: Focus on needs/ target the market values/ delivering value than the competitors that preserve the society and person well being.
