Marketing - Customers Flashcards

1
Q

Market led characteristics

A
  • develops product based on customer wants

- lots of market research

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Product led characteristics

A
  • produces product it believes customers will want
  • tends to deem market research unimportant
  • new technologies
How well did you know this?
1
Not at all
2
3
4
5
Perfectly