The Selling Concept
The Selling Concept
The Selling Concept
and improving them over time. The problem is many businesses do not balance the
need for a product all while realizing what the marketing needs. There is a fine line
between focusing on the customer and still defining your role and leadership in the
industry.
The selling concept is the bread and butter of marketing efforts as it believes that
people will not buy enough of a business’s product so businesses need to persuade
them to do so.
Of course, in today’s marketing, we know that selling is not the way to full marketing
success. We more so find this marketing concept popular in the days of WWII where
there was aggressive advertising to promote people to buy bonds and different
products.
This concept puts a lot of power into the hands of a business who has a whole plan
to effectively stimulate more buying with its potential customers. A lot of the time we
also see this action used when a business has to deal with overcapacity and needing
to sell what they make rather than what the market needs or wants.
Businesses that choose to use this marketing concept must be good at finding
potential customers and emotionally sell them on the benefits of their “not needed
product.”
The Marketing Concept
This concept focuses on the needs and wants of target marketing as well as
delivering value better than its competition. Through marketing, it’s your goal to be
the preferred option compared to your competitors. Competitive advantage is key!
We find typically this in the 1950s era of companies trying to carve themselves out in
the industry. We also can look at modern-day competition between Pepsi and Coke
who sell similar items but their value propositions are completely different!
The marketing concept has evolved into a fifth and more refined company
orientation: the societal marketing concept.