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Flowchart

marketing approaches flowchart/concept map

Nguyen Nguyen Business Studies Higher School Certificate English

Flowchart content

  1. Marketing Approaches

  2. Production Approach

    • 1820s - 1920s

    • Focus on production

    • Prioritised worker efficiency

    (i.e. Ford assembly line)

  3. Selling Approach

    • 1820s - 1920s

    • Focus on sale of products (due to increased competition)

    • Value of sales > consumers

  4. Marketing Approach

    • 1960s - present

    • Consumer-oriented

    • Consumers dictate production trends (via market research)

  5. Societal Approach

    • 1970s - present

    • Prioritises CSR + consumer + societal wellbeing

    • morally, ethically, socially resp.

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Description
brief summary, inaccurate reference
Created by
Nguyen Nguyen · Dec 2022
Updated
Dec 24, 2022
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