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Explain how modern marketing Concept is different from the traditional selling concept. - Commerce

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Explain how modern marketing Concept is different from the traditional selling concept.

Explain how the modern marketing concept is distinct from the traditional selling concept.

Distinguish Between
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Solution

  Modern Marketing Concept Traditional Selling Concept
1. Focuses on identifying and satisfying customer needs. Focuses on selling products that the company has produced.
2. Customer-orientated. Product-orientated.
3. Creating value and building customer loyalty. Aggressive sales techniques to convince customers to buy.
4. Long-term goal: achieving customer satisfaction and loyalty. Short-term goal: maximising sales volume.
5. Marketing is integrated throughout the entire organisation. Marketing is a separate function, mainly focused on selling.
6. Starts with market research and understanding customers. Starts with the product.
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Chapter 13: Marketing - Concept and functions - QUESTION BANK [Page 401]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 13 Marketing - Concept and functions
QUESTION BANK | Q Q. 6. | Page 401
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 13 Marketing - Concept and functions
EXERCISES | Q 9. (ii) | Page 400
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