Marketing Management Concepts by Philip Kotler & Keller
We learn about Marketing Management Concepts in this article, where all marketing campaigns and studies are carried out to benefit their customers and maximize the company profit. We discuss the Marketing Management Concepts - Production Concept, Product Concept, Selling Concept, Marketing Concept, Societal Marketing Concept, Relationship Marketing Concept, The Holistic Marketing Concept, Difference between Marketing and Selling, Modern Marketing Approach, and why it is essential for every company and organization. Marketing Management Concepts The Production Concept The Product Concept The Selling Concept The Marketing Concept The Societal Marketing Concept Production Concept Consumers will favor those products that are widely available and low in cost. Managers concentrate on achieving high production efficiency and wide distribution. The assumption is valid at least in 2 situations: The demand for a product exceeds the supply (suppliers will concentrate on finding ways to increase