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Pages:
1 page/≈275 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.18
Topic:

Does Marketing Convince Consumers

Coursework Instructions:

Answer the question below:
Does marketing convince consumers to develop new desires about products and services they do not need or does it just identify and respond to pre-existing consumer needs? Explain your answer.
Additional information below to help with your answer:
Needs are essentially a perceived difference between where you are and where you want to be (either or both the current and desired state maybe changed for need recognition to occur). They are manifest through benefits: a favorable result the buyer receives from the product (What is in it for me?), but they must exceed some threshold to activate behavior (assuming a solution is possible and within economic and temporal resources). Wants are specific alternatives to satisfy that need (few needs, many wants). Internal or external stimuli may trigger them. Environmental and individual differences influence need recognition. Needs may include: love, social image, pleasure, and financial security. Benefits may include: save time or money, peace of mind, happiness, and confidence. 

Coursework Sample Content Preview:

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Does marketing convince consumers?
Marketing undeniably influences consumer’s needs for goods and services. Marketing can be defined as the connection between society’s material needs and its economical trends of response. Marketing agencies usually aim at particular demographic groups for purposes of influencing them to buy products that are trending, the latest advertisement craze, or those that are in hot demand. This means that marketing creates new desires about products and services especially if the marketing strategy used is catchy enough. For instance, youths and children are targeted to create new desires for iPods, video games, and Nerf Guns. Adults, on the other hand, are targeted to purchase top designer clothes, fancy cars, or vacations. (Kaser, K. (2012).
Marketers craft innovative ways of advertising items like phones by linking explicit phones with trendy sports celebrities or entertainers. The inference is that, if they use the advertised phones, they will be as cool as the sports celebrities. This does not usually have a link to whether the phone is a basic need.
Furthermore, marketing does not have a part in attending to actual needs and ensuring that consumers are sentient to their options to purchase something extravagant or basic. Nonetheless, in the current world, the impression is that the infinite majority of marketing strategies are hugely weighted toward building new desires in...
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