(Optional) Explain the historical development that led to the adoption of the marketing concept.

Explanation should include

  • the definition of retailing
  • elements of the marketing concept
  • the development of retailing in the United States, from the time of the early settlers, including Yankee peddlers, trading posts, and general stores
  • the Industrial Revolution and the push for mass production
  • beginning in the 1930s, companies working to persuade consumers to buy products
  • a description of the development of modern customer-focused marketing concepts in the United States.

Process/Skill Questions:

  • What are some examples of poor business practices in the past?
  • How are salespeople portrayed in popular culture?
  • What is the scope of retailing in the United States today?
  • How has retailing changed in response to evolving customer expectations regarding the marketing mix components?
  • Historically, what role did the customer play in how goods and services were marketed?