Marketing concepts and principles – In well-developed markets

marketing concepts and principles

In well-developed markets, there
is a mature set of players with comparable levels of strengths in terms of
product development-hence all product offerings tend towards parity. Consumer
tastes are also well defined. Therefore, product offerings need to go beyond
satisfying basic needs.

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1. Discuss
the importance and effectiveness of differentiating based on service?

2. What
key marketing concepts and principles can someone employ to achieve good
results?

3. What
key lessons can someone learn by incorporating this strategy?

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