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What is the societal concept of marketing?

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Question

What is the societal concept of marketing?

Short/Brief Note
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Solution

The societal concept is the new concept of marketing that aims at satisfying customer needs by taking proper care of society and the environment. According to this concept customer satisfaction must be within the ethical and ecological aspects of society.

Societal marketing should consider the following things

  1. The consumer needs are most important
  2. Genuine modern and continuous development should be introduced in the product so as to increase its life and value
  3. The emphasis should be on building long-term customer relationships and not on doing business
  4. An organisation should market the product keeping in mind the consumer organisational and societal long-term needs and welfare
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Chapter 10: Marketing - Very Short Answer [Page 341]

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NCERT Business Studies Part 2 Business Finance and Marketing [English] Class 12
Chapter 10 Marketing
Very Short Answer | Q 3 | Page 341
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