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MARKETING

5 Core Concepts In Marketing

By Jorge Raziel

Marketing has five core concepts that complete and ensure an effective marketing system.

1. Customers’ Needs, Wants, & Demands

2. Market Offerings

3. Customer Value & Satisfaction

4. Exchange, Transactions, & Relationships

5. Markets

Why Is Marketing Concepts Important?

The marketing concept is essential as it defines how your organization will drive business and success.

Wrap Up

Practicing the five core marketing concepts in a company ensures true customer value and keeps it on the road to success.

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