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Marketing Management Defining Marketing for the Twenty-First Century
The Chartered Institute of Marketing ,[object Object]
Adcock et al   The right product, in the right place, at the right time, and at the right price’
Kotler 1980 Marketing is the human activity directed at satisfying human needs and wants through an exchange process’
Kotler 1991 ‘ Marketing is a social and managerial process by which individuals and groups obtain what they want and need through creating, offering and exchanging products of value with others’
Objectives ,[object Object],[object Object],[object Object],[object Object]
Objectives ,[object Object]
The New Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The New Economy ,[object Object],[object Object],[object Object],[object Object],[object Object]
Challenges of Today’s  Organization   Organization  Bigness  Diversification Globalization  Govt.  Interference  Competition  Information Change  Science & Tech
What Can Be Marketed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product  Product Experiences Places Persons Services Goods Events Ideas Information Properties Organizations
Marketing Defined ,[object Object],[object Object]
Marketing Defined ,[object Object],[object Object]
Core Marketing Concepts ,[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]
Core Marketing Concepts ,[object Object],[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object]
Enhancing Value ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object]
Core Marketing Concepts ,[object Object]
Core Marketing Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Core Marketing Concepts ,[object Object],[object Object]
Marketing Mix ,[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Mix   Price Mkt Mix Placement Promotion Product
Marketing Mix ,[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],[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],[object Object],[object Object],[object Object]
Competing Marketing Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Competing Marketing Concepts   Marketing Concept Product Concept Marketing Concepts Production Concept Societal Marketing   Selling Concept
The Marketing Concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Changes in the Marketplace ,[object Object],[object Object],[object Object],[object Object],[object Object]
Levels of Competition ,[object Object],[object Object],[object Object],[object Object],[object Object]
Levels of Competition Competition Form Industry Brand Generic
Marketing Environment ,[object Object],[object Object]
Organization’s Environment  Macro or Far Environment T echnological Factors S ocial Factors P olitical Factors E conomic Factors Near or Operating Environment Customers Clients Competitors Partners Suppliers ORGANIZATION
Task Environment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Broad Marketing Environment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Demographic Environment   ,[object Object],[object Object],[object Object],[object Object],[object Object]
Economic Environment   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Natural Environment ,[object Object],[object Object],[object Object],[object Object]
Technological Environment ,[object Object],[object Object],[object Object],[object Object]
Political-Legal Environment ,[object Object],[object Object]
Social-Cultural Environment ,[object Object],[object Object],[object Object],[object Object]
SWOT Analysis ,[object Object],[object Object],[object Object],[object Object]
SWOT Analysis SWOT Analysis
Contents of the Marketing Plan ,[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],[object Object],[object Object],Marketing Strategy
Market Segmentation ,[object Object],[object Object]
Levels of Segmentation ,[object Object],[object Object],[object Object]
Patterns of Market Segmentation ,[object Object],[object Object],[object Object]
Market Segmentation Procedure ,[object Object],[object Object],[object Object]
Bases for Segmenting Market ,[object Object],[object Object],[object Object],[object Object]
Characteristics of Effective Segmentation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Product Positioning ,[object Object]
Major Positioning Errors ,[object Object],[object Object],[object Object],[object Object]
Differentiation ,[object Object]
Dimensions/Basis of Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basis of Differentiation Product Image Channel Personnel Service
Product Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
4-103 Product Differentiation Performance Form Reliability Conformance Features Style & Design Product
Service Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
4-103 Service Differentiation Customer Training Ordering Ease Warrantee/ Guarantee Customer Consultation Delivery Miscellaneous Service
Personnel Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Personnel Differentiation 4-103 Personnel Differentiation Credibility Competence Responsiveness Reliability Courtesy Communication Personnel
Channel Differentiation ,[object Object],[object Object],[object Object]
Channel Differentiation   Coverage Channel Expertise Performance
Image Differentiation ,[object Object],[object Object],[object Object],[object Object]
Image Differentiation   Media Image Atmosphere Events Symbols
Criteria for Worthful Differentiation   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product ,[object Object]
Product Life Cycle ,[object Object],[object Object],[object Object],[object Object]
Product Levels ,[object Object],[object Object],[object Object],[object Object],[object Object]
Product Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product Classifications ,[object Object],[object Object],[object Object]
Durability and Tangibility  ,[object Object],[object Object],[object Object]
Consumer Goods Classification ,[object Object],[object Object],[object Object],[object Object]
Industrial Goods Classification ,[object Object],[object Object],[object Object]
Product Mix ,[object Object],[object Object],[object Object],[object Object],[object Object]
Product Line Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Branding ,[object Object],[object Object]
Meanings Conveyed by Brand ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Advantages of Branding ,[object Object],[object Object],[object Object],[object Object],[object Object]
Brand Sponsor Decision ,[object Object],[object Object],[object Object]
Brand Name Decision ,[object Object],[object Object],[object Object],[object Object]
Brand Strategy Decision ,[object Object],[object Object],[object Object],[object Object],[object Object]
Packaging ,[object Object]
Levels of Packaging ,[object Object],[object Object],[object Object]
Advantages of Packaging ,[object Object],[object Object],[object Object],[object Object]
Labeling ,[object Object]
Functions of Label ,[object Object],[object Object],[object Object],[object Object]
Service ,[object Object]
Categories of Service Mix ,[object Object],[object Object],[object Object],[object Object],[object Object]
Characteristics of Services ,[object Object],[object Object],[object Object],[object Object]
Elements/Tools of Service Marketing Approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Strategy for Service Firms ,[object Object],[object Object],[object Object]
Tasks of Service Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Determinants of Quality ,[object Object],[object Object],[object Object],[object Object],[object Object]
Common Features of Excellent Service Companies  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Designing The Pricing Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Setting Pricing Objective ,[object Object],[object Object],[object Object],[object Object],[object Object]
Selecting a Pricing Method ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Price Discounts and Allowances ,[object Object],[object Object],[object Object],[object Object],[object Object]
Promotional Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Discriminatory Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object]
Product Mix Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Initiating and Responding to Price Changes ,[object Object],[object Object],[object Object]
Responding to Price Change ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Developing Effective Communication ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Communication Mix ,[object Object],[object Object],[object Object],[object Object],[object Object]
Promotional Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Designing The Message ,[object Object],[object Object],[object Object],[object Object]
Message Content ,[object Object],[object Object],[object Object]
Methods of Establishing Communication Budget ,[object Object],[object Object],[object Object],[object Object]
Advertising ,[object Object]
Characteristics of Advertising ,[object Object],[object Object],[object Object],[object Object]
Advertising Objectives ,[object Object],[object Object],[object Object]
Decision on Advertising Media ,[object Object],[object Object],[object Object]
Sales Promotion ,[object Object]
Characteristics of Sales Promotion ,[object Object],[object Object],[object Object]
Sales Promotion Tools ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sales Promotion Tools ,[object Object],[object Object],[object Object],[object Object]
Public Relations and Publicity  ,[object Object]
Characteristics of Public Relations and Publicity  ,[object Object],[object Object],[object Object]
Functions of PR Department ,[object Object],[object Object],[object Object],[object Object],[object Object]
Major Tools in Marketing PR ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Objectives of Marketing PR ,[object Object],[object Object],[object Object],[object Object]
Personal Selling ,[object Object]
Characteristics of Personal Selling ,[object Object],[object Object],[object Object]
Tasks of Sales Force ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sales Force Structure ,[object Object],[object Object],[object Object],[object Object]
Principles of Personal Selling ,[object Object],[object Object],[object Object]
Direct Marketing ,[object Object]
Characteristics of Direct Marketing  ,[object Object],[object Object],[object Object],[object Object]
Benefits of Direct Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tools of Direct Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Placement-Value Delivery Network ,[object Object]
Marketing Channels ,[object Object]
Functions of Marketing Channels ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Functions of Marketing Channels ,[object Object],[object Object]
Channel Level ,[object Object]
Level of Channels ,[object Object],[object Object]
Direct Marketing Channel ,[object Object]
Indirect Marketing Channel ,[object Object]
Types of Marketing Channels ,[object Object],[object Object],[object Object],[object Object]
Conventional Marketing System   ,[object Object]
Vertical Marketing System ,[object Object]
Types of VMS ,[object Object],[object Object],[object Object]
Corporate VMS ,[object Object]
Contractual VMS ,[object Object]
Administered VMS ,[object Object]
Horizontal Marketing System ,[object Object]
Multi-channel or Hybrid Distribution System  ,[object Object]
Marketing Intermediaries Strategies  ,[object Object],[object Object],[object Object]
Major Logistics Functions ,[object Object],[object Object],[object Object],[object Object]
Marketing Information Systems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Research ,[object Object],[object Object]
The Marketing Research Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Marketing Research Process ,[object Object],[object Object],[object Object]
Terminology of Marketing Research ,[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Research Techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing Research Techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is MKIS? ,[object Object],[object Object]
The Components of a Computerised MKIS Model Bank Data Bank Statistical Bank MKIS Display unit Marketing Manager
The Components of a Computerised MKIS ,[object Object],[object Object],[object Object],[object Object]

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Marketing Management

  • 1. Marketing Management Defining Marketing for the Twenty-First Century
  • 2.
  • 3. Adcock et al The right product, in the right place, at the right time, and at the right price’
  • 4. Kotler 1980 Marketing is the human activity directed at satisfying human needs and wants through an exchange process’
  • 5. Kotler 1991 ‘ Marketing is a social and managerial process by which individuals and groups obtain what they want and need through creating, offering and exchanging products of value with others’
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Challenges of Today’s Organization Organization Bigness Diversification Globalization Govt. Interference Competition Information Change Science & Tech
  • 11.
  • 12. Product Product Experiences Places Persons Services Goods Events Ideas Information Properties Organizations
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
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  • 22.
  • 23.
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  • 25.
  • 26.
  • 27. Marketing Mix Price Mkt Mix Placement Promotion Product
  • 28.
  • 29.
  • 30. Competing Marketing Concepts Marketing Concept Product Concept Marketing Concepts Production Concept Societal Marketing Selling Concept
  • 31.
  • 32.
  • 33.
  • 34. Levels of Competition Competition Form Industry Brand Generic
  • 35.
  • 36. Organization’s Environment Macro or Far Environment T echnological Factors S ocial Factors P olitical Factors E conomic Factors Near or Operating Environment Customers Clients Competitors Partners Suppliers ORGANIZATION
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
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  • 44.
  • 45.
  • 46. SWOT Analysis SWOT Analysis
  • 47.
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  • 53.
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59. Basis of Differentiation Product Image Channel Personnel Service
  • 60.
  • 61. 4-103 Product Differentiation Performance Form Reliability Conformance Features Style & Design Product
  • 62.
  • 63. 4-103 Service Differentiation Customer Training Ordering Ease Warrantee/ Guarantee Customer Consultation Delivery Miscellaneous Service
  • 64.
  • 65. Personnel Differentiation 4-103 Personnel Differentiation Credibility Competence Responsiveness Reliability Courtesy Communication Personnel
  • 66.
  • 67. Channel Differentiation Coverage Channel Expertise Performance
  • 68.
  • 69. Image Differentiation Media Image Atmosphere Events Symbols
  • 70.
  • 71.
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  • 162.
  • 163.
  • 164. The Components of a Computerised MKIS Model Bank Data Bank Statistical Bank MKIS Display unit Marketing Manager
  • 165.