I need help with a Marketing question. All explanations and answers will be used to help me learn.

As discussed in the Unit I Lesson, the marketing concept consists of elements that concern market segmentation and how it relates to target markets. Also, recall that promotion is used to reach those target markets.

In this essay, define the marketing concept and summarize its relationship to marketing myopia. Give an example of marketing myopia that you have seen.

• Your essay must include an introduction.
• You must also reference at least one journal article from the CSU Online Library and one article from a business-related or news website; therefore, your essay should be supported by at least two sources.
• Your essay must be at least three pages in length and double-spaced—not counting the title and reference pages.
• All sources used must be referenced; paraphrased and quoted material must have accompanying APA citations.

Answer preview

The marketing concept is important because the way an organization markets its products or services determines whether it will be successful or not. A marketing concept is a significant tool in creating and maintaining demand, competition, reputation, among others. Without understanding the benefits of the marketing concept, a firm likely to close due to poor sales. The…