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Saturday, June 15, 2019

The world wide well known fashion label Mango cooperats with many Essay

The world wide well known fashion label Mango cooperats with many celebrities for its collections. Does this cooperation reckon the sales profit of the company - Essay ExampleBut there is always a question about the extra sales these activities actually go about.Marketing is all about nodes. Their behaviour and attitude towards buying a product is of paramount importance. Therefore Marketing is all about understanding the nodes and of finding ways and means to for providing product or service as per his requirements.Markets are heterogeneous and are created by reasons of different value, needs wants, constraints, beliefs and incentives. Customers differ in their values and perceptions and want to purchase things that have value for them. Value is not just the monetary part, but also the usefulness and emotions that with go with it. Their need and want work out a great role in determining this value.For this reason customer satisfaction has long been considered as the ultimate measure of success for marketers. Organisations that can outgrowth the satisfaction level of their customers can expect profitability in the longer run (Felton 1959 Houston 1986 Webster 1988).Satisfaction is the outcome of customer relationships. This has been explained as antecedents of customer satisfaction, customer loyalty, customer profitability, and a host of other concepts and variables. Customer satisfaction however remains the main concept and concern and has been the foundation of all marketing efforts (Drucker 1954 Levitt 1960 Ames 1970 Gronroos 1989). Measurement of customer satisfaction has always been the main focus of several studies (Myers 1991 Parasuraman et al 1988, 1994 Oliver 1996) as this helps the company to assess and develop marketing strategies that will ensure this satisfaction and creates customer loyalty.Often the customer is acquired for a single sale but it is more important to make him a returning or a lifetime customer. This is considered to be more critical and valuable for a company. Therefore it becomes an important objective, one that is ignored in the initial

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