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1 Identify three key characteristics of the marketing concept
The first is to fully understand customer's needs and market, and formulate customer-oriented marketing strategy
Firstly, companies should investigate customers and markets, and then process market and customer information
These will determine the customers they want to serve, which means the target market and how they can better serve, which means their value orientation
When a company decides who they serve, it will find the target market by segmenting the market and targeting the level, time and nature of customer demand
Then they differentiated and found their place in the market
The second is to establish a complete market plan to