The ONLY 5 Ways To Become More Profitable! Let's get straight to the point. Here are the only 5 ways in which you can become more profitable. 1)  Get More customers to buy the product/serviceThe first one is straight forward, get more people to buy from you. When you have more volume, you have a high turnover and consequently higher profits. Do...

Many organizations follow the selling concept, which holds that consumers will not buy enough of the organization’s products unless it undertakes a large scale selling and promotion effort. The concept is typically practiced with unsought goods, those that buyers do not normally think of buying such as encyclopedias or insurance. These industries must excel...

The marketing concept is the strategy that firms implement to satisfy customers' needs, increase sales, maximize profit and beat the competition. ... Marketing is a department of management that tries to design strategies that will build profitable relationships with target consumers. The marketing concept is the philosophy that firms should analyze the...

The Marketing Mix - (The 4 P's of Marketing)The term "marketing mix" is a foundation model for businesses, historically centered around product, price, place, and promotion. The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its marketing objectives in the target market".  Marketing decisions generally fall into...