Question
Explain different ideologies of marketing.

Answer

Introduction :
  • There are many concept regarding marketing management is consideration to manage marketing.
  • Customers are the kings of the market.
  • So marketing should be customer oriented.
  • This concept is quite popular.
  • But today social concept is developed regarding marketing management.
  • Thoughts/ approaches / concepts of marketing :
  • Meaning :
  • Marketing activities are carried on with specific ideology, concept or philosophy which is known as ideology, concept or views of marketing.
  • Concept of marketing : There are five views of marketing.
  • Production concept :
  • This concept places emphasis on availability and price of the product.
  • Customers prefers cheap products.
  • This concept is implemented where quality is not considered but only price is considered.
  • According to this concept, the producer offer only cheap products.
  • They so not have to bother to give additional facilities regarding the product.
  • This concept is called production oriented concept.
  • This concept is observed in under – developed countries.
  • Product concept :
  • This concept emphasis the quality of the product.
  • It is believed that consumer is quality conscious.
  • So the directors insist on continuous improvement in the quality of the product.
  • At that time they do not consider the requirement or choice of the consumers.
  • They produce high quality product from their own view point and sell in the market at very high price.
  • Those who follow this concept focus on research and development.
  • Selling concept :
  • This concept of marketing concentrate on the process of sale.
  • Its emphasis is on increasing sale of the product.
  • It directly or indirectly attracts the consumer to buy the product.
  • Business units adopt various methods to promote sales through aggressive advertisements, individual sale, salesmen create demand of the product.
  • Here requirement of consumer is sometimes overlooked much attention is not paid towards real demand of the consumer.
  • Efforts are made to capitalize the product through sale. This creates satisfaction in consumers.
  • Marketing concept :
  • This concept of marketing is known as consumer based concept.
  • Under this concept research is undertaken regarding requirements, habits, selection, fashion, hobby of consumers and according products are manufactured.
  • Every activity is made customer centric.
  • Considering customer as ‘The King of the Market.’
  • On the basis of it, marketing policy is determined, efforts are made to give highest satisfaction to consumers by offering products more effectively than competitors.
  • Under this concept, business units, consumers and community are benefited.
  • This concept of marketing is considered the most modern concept.
  • Huge business units have adopted this concept of marketing.
  • Social concept :
  • This concept of marketing is called community centric concept.
  • Requirement of consumer is considered and efforts are made to satisfy them.
  • But in the long run the interest of consumers, community and nation are at risk.
  • Along with it natural resources are wasted.
  • As per social concept every business unit should take care not to disturb environment or to create least harm environment while performing any process to fulfill the needs of customers.
  • Considering environmental issue, many business units have discontinued the use of plastic in packing and have reduced toxic gases in manufacturing product has been reduced.
  • At the dame time is roper discharge is followed.
  • Healthy, ready to eat food, which is not harmful for health is in demand and this concepts is being developed.
  • Some states have introduced ‘Fat tax’.
  • Efforts are being made to preserve environment, and to reduce air pollution and pollution of noise.
  • In short social concept of marketing is based on community centric activities.
  • Conclusion :
  • Consumer oriented concept is mainly more popular among all other concepts behind marketing.
  • Consumers, business units, and community are benefits.
  • But in long run their interest is at risk.
  • Along with this concept community centric, (Social concept) should be implemented.

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