1. PRESENTER
Academic and Professional Credentials:
Ph.D. (Marketing & Management) Harbin Institute of Technology, China. 2015-2020
MBA (Marketing & Management) SZABIST. 2009-2013
MA (English Linguistics) SALU. 2006-2008
One Year Certification in Information Technology (Gold Medalist) SZABIST. 2008-2009
Visiting Faculty Member (Management Sciences) SZABIST Larkana Campus. Jan. 2014 to July 2015
Assistant Manager (Marketing) Linux Freaks Software House, Karachi. May 2013 to December
2013
Today: February 28th, 2022.
Venue: Iqra University, Karachi
Campus
2. THE EVOLUTION OF MARKETING
THE PAST, PRESENT & FUTURE, AND ERA OF DIGITAL MARKETING
4. 1. PRODUCTION CONCEPT
• The idea was that the consumers will favor the products that are
available & highly affordable.
• The organizations should, therefore, focus on improving the
production & distribution chanels.
• In short, it was all about producing more & earning more.
Note: A famous economist, JB say, gave a law in early 19th century that “supply creates its own
demand”.
5. 2. PRODUCT CONCEPT
• The idea was, consumers will buy such products that offer
them value with quality, performance, and features;
economically.
• Some companies’ focus is on contneous product
improvements.
• In short, the idea suggests, earn more profit by providing
quality products wtih unique features at a lowest cost.
6. 3. SELLING CONCEPT
• The idea was, consumers will not buy enough of the firms’
products unless it undertakes a large scale selling &
promotion efforts.
• It focuses on creating sales-transctions rather than long-
term profitable relationships with customers.
7. MARKETING PHENOMENON
• It is an opportune appraoch for the businesses to promote
& sell their goods/services to the targeted buyers in a
competitive market-place.
• The companies or retailers adopt varios marketing
strategies to retain their existing customers, and, to attract
the potential ones or the customers of their competitors.
• Marketing research aids businesses comprehend &
stimulate the market demand for-and purchases of goods
or services.
Kotler, Principles of Marketing, Global Edition, 18/E -
Pearson
8. THE ORIGIN OF A MARKETING CONCEPT
• The ideas of marketing, as it is understood
today, began during the Industrial
Revolution, England.
• This period spanned the late 18th century
and lasted long into the 19th century.
• It was a time of rapid social change
motivated by innovations in the scientific &
technological industries.
Inspiration: Innovation happens when human needs/wants/desires/preferences meet with
human skills..
9. 4. MARKETING CONCEPT
• The idea is to focus on the needs & wants of the target
markets & delivering the desired satisfaction to the buyers
better than the competitors.
• This concept refers to understand the needs and wants of
customers & providing them the right products or services
at a reasonal price.
11. 5. SOCIETAL MARKETING CONCEPT
• It backs the marketing strategy that should deliver value to customers in a
way that maintains or improves both customers & the society wellbeing.
Society
(Human Wellbeing)
Societal
Marketin
g
Concept
Customers
Want Satisfaction
Company
Profit
12. 6. HOLISTIC MARKETING
• It is type of a contemporary marketing strategy which focuses on a
comprehensive effort, of all the departments together, put by the businesses to
disseminate the information related to their products/services to the targeted
customers/markets.
Components of holistic marketing:
• Relationship Marketing
• Integrated Marketing
• Internal Marketing
• Performance Marketing (CSR Output)
13. 7. EXPERIENTIAL MARKETING
• This type of marketing strategy refers to the customer experiences that
companies try to do before selling their products of services to the potential
buyers for free of cost.
Few examples include:
• Ceragem Master V3 (Body Healing Machine)
• Hug Me (Coke Hug Machine)
• Virtual Reality (VR)
• Mc Cain (A food chain that gives free food for taste experience)
14. 8. EXPONENTIAL MARKETING
• It is a type of effective digital marketing built on a framework that allows
businesses to impact & engage the prospective customers.
It includes three components, these are:
• People (The vahicle) Effective Talent Acquisition
• Training (The fuel) The Structured Development
• Consultancy (The servicing) The Expert Strategic Guidance
16. DIGITAL MARKETING ERA
• CRM backed by digital marketing. The cusrrent customer-
relationship is a vital component for businesses to benefit from using
technology tools, i.e., internet, smart gadgets & so on so forth.
18. GROUP FORMATION FOR
ASSIGNMENT
• Dear class, please create 8 groups; each for searchning a business that follows a
pertinent marketing strategy discussed in this class..
• You have 45 minutes to search & prepare your findings for presenting before the
class.