Wednesday, July 30, 2008

The Marketing Concept

Peter Drucker has pointed out that "there is only one valid definition of business purpose: to create a customer"

I would also add to "keep a customer".

"There is only one boss: the customer. And he can fire everybody in the company, from the chairman on down, simply by spending his smoney somewhere else. ~Sam Walton, founder of Wal-Mart (1918-1992)

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