Does a firm have the right to “create” wants andtry to persuade consumers to buy goods and ser-vices they didn’t know about earlier? What are ex-amples of “good” and “bad” want creation? Whoshould decide what is good and what is bad?

Q: Can you distinguish among needs, wants, demand ?

A: One of the most basic concepts of marketing is the human need for any product. In other words it can…

Q: What is the difference between a durable good anda nondurable good? What are the main…

A: What is the difference between a durable good and a nondurable good?  Answer: Durable goods are…

Q: (1) Think of three car brands or specific models. Howare these products positioned in your mind?…

A: Disclaimer: Since you have asked multiple question, so as per company policy, we will solve the…

Q: How ‘needs’ and ‘wants’ are different from one another from marketing perspective? Explain your…

A: Needs and wants are the two most studied terms in both Economics and Marketing because both these…

Q: Explain the differences among a need, a want and demand using relevant and appropriate examples to…

A: Needs are things that satisfy the basic requirement of every individual whereas the Wants are…

Q: 1-8 What is the difference between ultimate consumers and or- ganizational buyers?

A: The prospective customer of a product is identified by a brand through a thorough process of market…

Q: Discuss the statement “Marketers don’t create needs; need preexist marketers.” Can marketing effort…

A: A marketer can be defined as a person who is made responsible to undertake all the activities…

Q: Can our product satisfy different needs or motives in different people? What needs are involved?…

A: Motivation is an internal urge or pushes to behave in order to meet a need. A goal-oriented person…

Q: are some subsitues that would comepeate with a vegan resturant

A: Competition in the restaurant industry is an important parameter that decides its success of it.…

Q: Does a firm have the right to “create” wants and try to persuade consumers to buy goods and services…

A: Yes. Wants are created by the firms artificially. The created wants will induce the customers to…

Q: Explain the differences between a need, a want and demand using relevant and appropriate examples to…

A: A business is an entity formed to achieve a certain goal. This goal can be to create solutions for…

Q: 7 Does a firm have the right to “create” wants and try to persuade consumers to buy goods and ser-…

A: Firms create and manufacture products. These products are then bought by consumers. There are…

Q: What is Desirable products?

A: The product is the single most obvious and important component of a marketing program. To the…

Q: What is a ‘new product’ and how do consumers go aboutdeciding whether to adopt a new product?

A: The new products are defined as the goods and services that are significantly different with respect…

Q: demonstrate how a product satisfied a need or want. for example an iPhone. explain each step of the…

A: Customers needs are defined as the aggregate requirements of different groups. It includes…

Q: Modern marketing is an integrated process of identification, assessment and satisfaction of human…

A: Concept Introduction :- Modern marketing refers to the current state of marketing practices and…

Q: What are the bases for trade-offs between conflicting wants and needs of different customers with…

A: In today's highly competitive economic environment, corporations are continuously pushing themselves…

Q: What example of products (and their corresponding brands) corresponding in each type of need in the…

A: Products are the solutions for consumer needs and wants. Behind the purchase of any product there is…

Q: What strategies can consumers use to resistpersuasion? Which consumers are most likelyto do so?

A: Persuasion resistance refers to the act by the customers in which they prefer not to be influenced…

Q: demonstrate how a product can statisfy a need or a want? for example an iPhone

A: A consumer's desire for a certain advantage of a product or service, if either functional or…

Q: How can Marketing managers create wants on the part of the consumer? Explain with an example?

A: Marketing managers need various types of information for taking effective decisions for the firm.…

Q: Does the stand or belief of a company affect product sales? or do customers only care about pricing,…

A: Organizations that dominate at client experience have 1.5 occasions more drew in workers than less…

Q: Which of the four approaches to setting a pricedoes Carmex use for its products? Should one…

A: Рriсing  under  Mаrketing  meаns  the  methоds  оf  finding  оut  the  vаlue  оr  соst  оf  the…

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.