The document discusses different types of demand including negative demand, latent demand, declining demand, irregular demand, and unwholesome demand. It provides examples of each type and recommends marketing strategies to address the specific issues, such as solving the root causes of negative demand, measuring latent demand potential, identifying reasons for decline, and synchronizing irregular demand and supply cycles. The overall aim is for marketers to understand demand types and adapt their strategies accordingly.
The document discusses different types of demand including negative demand, latent demand, declining demand, irregular demand, and unwholesome demand. It provides examples of each type and recommends marketing strategies to address the specific issues, such as solving the root causes of negative demand, measuring latent demand potential, identifying reasons for decline, and synchronizing irregular demand and supply cycles. The overall aim is for marketers to understand demand types and adapt their strategies accordingly.
The document discusses different types of demand including negative demand, latent demand, declining demand, irregular demand, and unwholesome demand. It provides examples of each type and recommends marketing strategies to address the specific issues, such as solving the root causes of negative demand, measuring latent demand potential, identifying reasons for decline, and synchronizing irregular demand and supply cycles. The overall aim is for marketers to understand demand types and adapt their strategies accordingly.
The document discusses different types of demand including negative demand, latent demand, declining demand, irregular demand, and unwholesome demand. It provides examples of each type and recommends marketing strategies to address the specific issues, such as solving the root causes of negative demand, measuring latent demand potential, identifying reasons for decline, and synchronizing irregular demand and supply cycles. The overall aim is for marketers to understand demand types and adapt their strategies accordingly.
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Alyssa M.
Saldivar
BSAb 3
Types of Example Marketing Strategy
Demand
NEGATIVE Beef products - for The marketer should solve the
DEMAND example, the beef industry issue of negative demand by analyzing why the market dislikes was hit with the news of the product and then center acting bovine spongiform with the right marketing tactics. encephalopathy, or mad cow disease. The sales of beef dropped dramatically. As a result of the widespread news about mad cow disease, consumers grew to fear and dislike the idea of purchasing beef to consume. Dental work Insurance Air travel Vaccination
NO DEMAND Find ways to connect the benefits
Pager of the products to the persons Typewriter natural needs and interests. The Farmers may be not marketer should persuade interested in new farming consumers to buy or use a method particular product or service. College students may not be interested in foreign language course Walk man
LATENT Cigarette Marketer should measure the size
DEMAND Normal phone vs. Smart of the potential market and develop phone effective goods and services that People nowadays want more should satisfy the demand. and more features in the smart phone. They might settle on normal phone, but then later on, they get the itch to buy a smart phone. More fuel efficient car People might buy a petrol car but most likely their second car will be diesel car. Safer neighborhood
DECLINING When CD players were The marketer should identify the
DEMAND introduced and IPOD came causes of declining and reassess in the market, the demand the nature of the products, its target for Walkman went down. market and the marketing Private colleges have seen campaign with a view to either application falls reviving the demand for the product Rail travel in the United or deleting it. States Vinyl records or mechanical watches
IRREGULAR Tent The marketer should synchronized
DEMAND Fire crackers the demand and supply. They Keso de Bola should synchronized the demand Lechon and supply. They should focus Cake primarily on the demand side by discouraging use when demand is at its strongest, and encourage consumers to use when demand is at its weakest or find alternative markets with counter cyclical patterns of demand.
Ideal Situation where supply The marketer should maintain the
FULL DEMAND is equal to demand level of demand by continuously Rice monitoring and adjusting marketing Vegetables campaign. Fruits Personal hygiene
UNWHOLESOME Drugs Marketer must manage the demand
DEMAND Liquors more effectively than the Cigarette competition is order to be Guns successful and prepared to Pirated movies respond and react to what happens in the market place, not only in terms of existing and potential consumers but also on terms of competitors activities.