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Marketing Challenges of Satisfying Consumers Changing Expectations and Preferences in a Competitive Market
2015
International Journal of Marketing Studies
In a prevalent business environment which is highly competitive, firms pay more attention to the needs of customers and offer them quality products to satisfy their ever-rising expectations. Marketers often face challenges from a rapidly changing market condition. Satisfying customers' ever-rising and changing expectations, discovering customers' current needs is a complex process. It involves translating the voice of the customer (VOC) into product features; translating the voice of the
doi:10.5539/ijms.v7n5p41
fatcat:ax4rcbiwovgirpwmzvaxjx5dmy