Body shop is applying the Societal Marketing Concept to portray a better company image, gain a competitive advantage over competitors through customer retention and long term relationships, and ensure future growth by making customers feel valued. ICON follows the Selling Concept which focuses on increasing a product's sales to gain market share and profit through higher sales volume.
Body shop is applying the Societal Marketing Concept to portray a better company image, gain a competitive advantage over competitors through customer retention and long term relationships, and ensure future growth by making customers feel valued. ICON follows the Selling Concept which focuses on increasing a product's sales to gain market share and profit through higher sales volume.
Body shop is applying the Societal Marketing Concept to portray a better company image, gain a competitive advantage over competitors through customer retention and long term relationships, and ensure future growth by making customers feel valued. ICON follows the Selling Concept which focuses on increasing a product's sales to gain market share and profit through higher sales volume.
• It can help to portray better image of the company
• Provides firms with competitive advantage as compared to competitors • Useful in customer retention and establishing long term relationships • Ensure growth in future time • Customer feel more valued
ICON is following Selling Concept.
• Such focused views will likely increase product’s sales.
• Increase market share by increasing sales • Profitability through sales volume