Marketing mix and its role in promoting the status of insurance companies in the customers mind

Exploratory comparative research between the Iraq public insurance company and the private insurance company

Authors

  • ساهرة كاظم حسين محسن الاعدادية المركزية المهنية للبنات
  • عبدالامير عبدالحسين شياع, أ.م.د. المعهد العالي للدراسات المحاسبية والمالية/جامعة بغداد

Abstract

The ability of insurance companies to achieve goals depends on their ability to meet customers' requirements, and this requires them to identify target markets and respond to needs and wishes of the markets, the skill is to convince the company to operate what is in the interest of the customer if he is convinced the customer service provided to him, he would repeat to deal with, and where the cost of maintaining existing customers is less than the cost of attracting new customers, the insurance companies that is working hard to maintain their customers, the more customer satisfaction with the services provided has increased loyalty and weakened the ability of competitors lured.

         Turning a researcher at the theoretical side to the research problem, namely through to answer some fundamental questions in the role of the marketing mix in enhancing the status of insurance companies, and what are the nature and level of impact of marketing mix in the position of insurance companies in mentality of the customer, and are those responsible for this activity and is it points specialized in the same field The study found that insurance companies do not follow the concept of marketing talk as a philosophy of organizational, which focuses on the orientation towards the customer, with a weakness and a lack of knowledge of the marketing mix or not to apply it fully which leads to the loss of a lot of opportunities available to them for success and excellence on an ongoing basis, with lack of information system for clients of the company is working to feed the company for its market and market competitors, and the light of that recommended the need to guide all plans, policies and processes around the customer, and to do all marketing activities of the company in a consistent and integrated as the marketing coordinator and directed to the customer basis to achieve the objectives of the company.

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Published

2020-01-29

Issue

Section

Paper research

How to Cite

Marketing mix and its role in promoting the status of insurance companies in the customers mind: Exploratory comparative research between the Iraq public insurance company and the private insurance company. (2020). Journal of Accounting and Financial Studies ( JAFS ), 7(20). https://jpgiafs.uobaghdad.edu.iq/index.php/JAFS/article/view/725