Introduction to Marketing.

Introduction to
Marketing
What Is Marketing?
Satisfying customer needs.
Marketing is the process by which companies
create value for customer and build strong
customer relationship in order to capture
value from customer in return.
Introduction to Marketing.
1. Understanding the Marketplace
and Customer Needs
• Customer needs, wants, and demands
• Market offerings
• Customer Value and satisfaction
• Exchanges and relationships
• Markets
Core Concepts
2. Designing a Customer-Driven Marketing
Strategy
• Selecting Customers to Serve
• Choosing a Value Proposition
• Marketing Management Orientation
2. Designing a Customer-Driven
Marketing Strategy
2. Designing a Customer-Driven Marketing
Strategy
Production
concept
Product
concept
Selling
concept
Marketing
concept
Societal
concept
Marketing Management Orientations
Selling vs Marketing concept
• The marketing mix is the set of tools (four Ps) the firm uses to implement
its marketing strategy. It includes product, price, promotion, and place.
• 7 Ps for services: People, process and physical evidence
3. Preparing an Integrated Marketing Plan and
Program
4. Building Customer Relationships
• Customer Relationship Management (CRM)
 Customer Value and Satisfaction
 Customer Relationship Levels and Tools
 Partner Relationship Management
Supply Chain Management
5. Capturing Value form Customers
• Creating customer loyalty and retention
• Growing share of customer
• Building customer equity
Customer Relationship Groups
1 of 12

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Introduction to Marketing.

  • 2. What Is Marketing? Satisfying customer needs. Marketing is the process by which companies create value for customer and build strong customer relationship in order to capture value from customer in return.
  • 4. 1. Understanding the Marketplace and Customer Needs • Customer needs, wants, and demands • Market offerings • Customer Value and satisfaction • Exchanges and relationships • Markets Core Concepts
  • 5. 2. Designing a Customer-Driven Marketing Strategy • Selecting Customers to Serve • Choosing a Value Proposition • Marketing Management Orientation
  • 6. 2. Designing a Customer-Driven Marketing Strategy
  • 7. 2. Designing a Customer-Driven Marketing Strategy Production concept Product concept Selling concept Marketing concept Societal concept Marketing Management Orientations
  • 9. • The marketing mix is the set of tools (four Ps) the firm uses to implement its marketing strategy. It includes product, price, promotion, and place. • 7 Ps for services: People, process and physical evidence 3. Preparing an Integrated Marketing Plan and Program
  • 10. 4. Building Customer Relationships • Customer Relationship Management (CRM)  Customer Value and Satisfaction  Customer Relationship Levels and Tools  Partner Relationship Management
  • 12. 5. Capturing Value form Customers • Creating customer loyalty and retention • Growing share of customer • Building customer equity Customer Relationship Groups