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Chapter 12: Setting Product Strategy Ivy A. Villamor 04/06/11 Prof. Remigio Joseph De Ungria http://www.slideshare.net/ivyvillamor Top 10 Learning Concepts for
Product + Strategy =  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Market Share http://www.slideshare.net/ivyvillamor
Know Your Product 101,  Product Definition, Market Offering Components, Hierarchy, Classification, Level  Marketing in the 21 st  century http://www.slideshare.net/ivyvillamor
Know Your Product 101 ,[object Object],http://www.slideshare.net/ivyvillamor
Know Your Product 101 ,[object Object],Littlest Need http://www.slideshare.net/ivyvillamor
Know Your Product 101 ,[object Object],Littlest Need Biggest Want and… http://www.slideshare.net/ivyvillamor
Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… ,[object Object],http://www.slideshare.net/ivyvillamor
[object Object],Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… http://www.slideshare.net/ivyvillamor Attractiveness  of the Market Offering
[object Object],Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… http://www.slideshare.net/ivyvillamor Product Features & Quality Attractiveness  of the Market Offering
[object Object],Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… http://www.slideshare.net/ivyvillamor Product Features & Quality Services Mix & Quality Attractiveness  of the Market Offering
[object Object],[object Object],Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… http://www.slideshare.net/ivyvillamor Product Features & Quality Services Mix & Quality Attractiveness  of the Market Offering
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],Augmented benefits soon become Expected benefits.  In developed countries, brand positioning and competition take place at this level. http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Market Survival Mix of Different Product Classifications ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Market Survival Mix of Different Product Classifications ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Market Survival Mix of Different Product Classifications ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility Normally consumed in  1 or few uses ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility ,[object Object],[object Object],Intangible, inseparable, variable, and perishable http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],http://www.slideshare.net/ivyvillamor Convenience Shopping Specialty Unsought
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor Convenience
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Convenience
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Convenience
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor Shopping Goods
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Shopping Goods
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) What consumer look out is unique characteristics or brand identification http://www.slideshare.net/ivyvillamor Specialty Goods
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor Unsought Goods
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) ,[object Object],http://www.slideshare.net/ivyvillamor
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips Which enters the manufacturer’s product completely fabric http://www.slideshare.net/ivyvillamor Materials and Parts
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks Long lasting and used in developing or managing the finished product Materials and Parts Capital Items
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks Supplies / Business services  –  short term goods or services that facilitate developing or managing finished product paints paper & pencil Materials and Parts Capital Items Supplies /  Business services
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks paints paper & pencil Materials and Parts Capital Items Supplies /  Business services
Concept 6: Product Hierarchy Leads you to Specific Desired Product
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family Product family Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item) Pantene Hair Fall Solution bottle
Product Strategy,  Product-Line Analysis & Labeling, Product and ServiceDifferentiation  Marketing in the 21 st  century http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Core Product Specialties Staples Convenience Items ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Core Product ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Staples ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Specialties ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Convenience Items ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! Comes in sealed handy,  glass and plastic bottles  http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Concept 9:  To be branded, products must be differentiated.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 9:  To be branded, products must be differentiated.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 10: Chillax with Service Differentiation http://www.slideshare.net/ivyvillamor
Product + Strategy =  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Market Share http://www.slideshare.net/ivyvillamor
Product + Strategy =  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Market Share http://www.slideshare.net/ivyvillamor
Product + Strategy =  ,[object Object],[object Object],[object Object],[object Object],[object Object],Market Share http://www.slideshare.net/ivyvillamor
Setting Product Strategy Prof. Remigio Joseph De Ungria Ivy A. Villamor 03/29/11 http://www.slideshare.net/ivyvillamor Product + Strategy =  Market Share!
Chapter 12: Setting Product Strategy Ivy A. Villamor 04/06/11 Prof. Remigio Joseph De Ungria http://www.slideshare.net/ivyvillamor Top 10 Learning Concepts for
Thank You ! Other references: http://www.slidefinder.net/c/chapter_setting_product_branding_strategy/15350064 http://knol.google.com/k/managing-product-lines-and-brands# http://tutor2u.net/business/presentations/marketing/levelsofproducts/default.html http://www.slideshare.net/ivyvillamor

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Ch12 setting product strategy villamor

  • 1. Chapter 12: Setting Product Strategy Ivy A. Villamor 04/06/11 Prof. Remigio Joseph De Ungria http://www.slideshare.net/ivyvillamor Top 10 Learning Concepts for
  • 2.
  • 3. Know Your Product 101, Product Definition, Market Offering Components, Hierarchy, Classification, Level Marketing in the 21 st century http://www.slideshare.net/ivyvillamor
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
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  • 13. Concept 2: WOW Customer by Planning thru Value Hierarchy http://www.slideshare.net/ivyvillamor
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  • 32. Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
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  • 39. Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) What consumer look out is unique characteristics or brand identification http://www.slideshare.net/ivyvillamor Specialty Goods
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  • 42. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips Which enters the manufacturer’s product completely fabric http://www.slideshare.net/ivyvillamor Materials and Parts
  • 43. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks Long lasting and used in developing or managing the finished product Materials and Parts Capital Items
  • 44. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks Supplies / Business services – short term goods or services that facilitate developing or managing finished product paints paper & pencil Materials and Parts Capital Items Supplies / Business services
  • 45. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips fabric http://www.slideshare.net/ivyvillamor trucks paints paper & pencil Materials and Parts Capital Items Supplies / Business services
  • 46. Concept 6: Product Hierarchy Leads you to Specific Desired Product
  • 47. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family Product family Product class Product line Product type Item (Brand/Item)
  • 48. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family Product class Product line Product type Item (Brand/Item)
  • 49. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class Product line Product type Item (Brand/Item)
  • 50. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line Product type Item (Brand/Item)
  • 51. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type Item (Brand/Item)
  • 52. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item)
  • 53. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item) Pantene Hair Fall Solution bottle
  • 54. Product Strategy, Product-Line Analysis & Labeling, Product and ServiceDifferentiation Marketing in the 21 st century http://www.slideshare.net/ivyvillamor
  • 55. Concept 7: Increase Sales % thru Product Line Analysis http://www.slideshare.net/ivyvillamor
  • 56. Concept 7: Increase Sales % thru Product Line Analysis http://www.slideshare.net/ivyvillamor
  • 57. Concept 7: Increase Sales % thru Product Line Analysis http://www.slideshare.net/ivyvillamor
  • 58. Concept 7: Increase Sales % thru Product Line Analysis http://www.slideshare.net/ivyvillamor
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  • 79. Setting Product Strategy Prof. Remigio Joseph De Ungria Ivy A. Villamor 03/29/11 http://www.slideshare.net/ivyvillamor Product + Strategy = Market Share!
  • 80. Chapter 12: Setting Product Strategy Ivy A. Villamor 04/06/11 Prof. Remigio Joseph De Ungria http://www.slideshare.net/ivyvillamor Top 10 Learning Concepts for
  • 81. Thank You ! Other references: http://www.slidefinder.net/c/chapter_setting_product_branding_strategy/15350064 http://knol.google.com/k/managing-product-lines-and-brands# http://tutor2u.net/business/presentations/marketing/levelsofproducts/default.html http://www.slideshare.net/ivyvillamor