Businesses are profit-making establishments driven by processes. These processes are then organized to achieve the set objectives.
The orientation in the market has shifted from product concept to marketing concept.
Earlier, selling was all about finding the best fit of customers for your products but now the priority is to find the best fit of products for your customers.
Customers’ needs and satisfaction have become paramount in other for businesses to succeed. So, a salesperson’s performance is dependent on many variables including his skills, product knowledge, buyer persona understanding, consumer orientation/ behavior and distribution matrix.
The sovereignty of consumers as epitomized by the marketing concept drives what is produced, how it is produced, and distributed, thus, exemplifies the golden cycle rule.
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i) Drucker, P. F. (1999). Management challenges for the 21st century. Harper Business. ii) Kolb,…