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Marketing - Creates Needs?

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DOES MARKETING CREATE OR SATISFY NEEDS?
Understanding and satisfying human needs, wants and demands is a requisite for every marketing company to effectively communicate, exchange offerings and create value for customers. In fact, the whole concept of marketing is initiated to suit the needs of varying target customer segments, satisfy each segment, and bring about changes relative to their changing preferences. Since human needs are a part of the human makeup, marketers definitely stimulate these needs, but sometimes, may not necessarily create or satisfy them. To satisfy them, it is thus crucial to understand what makes the customers happy, and use this as an input for designing the company’s marketing strategies. The more successful …show more content…

For instance, celebrities are used to market various products even if they themselves don’t use them, just to enhance brand recognition to attract customers. For instance, Michael Jordan’s sneakers were a huge deal in promoting all those Basketball fans that if they wore those sneakers, they could play basketball or jump as high as him. Sometimes, to market unsaleable products, they would price those products with essential ones in special offer packages, so as to aggressively sell them and tempt the customers to pay that extra price premium for those unwanted products. This definitely would not sustain the needs in the long run.

Also advertising has its own negative effects depending on the state of mind and past experiences of buyers. For instance, young kids can easily get attracted by false claims made in ads leading to increases in levels of alcohol consumption and cigarettes after viewing those ads. Also, repeated ads of kid meal offers at Mcdonalds, can persuade kids to consume a lot of junk at that age leading to child obesity problems. Once again “word-of-mouth” of falsely claimed ads does more damage to the reputation of that company in the long run. Thus, parental guidance is essential to help those kids distinguish the good ads from the bad ones.

In Internet Marketing, illicit ads for ‘pornography’ badly shape the youth’s attitudes in the long run. Also, pictures

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