SlideShare a Scribd company logo
1 of 9
MARKET AFFECTING
CUSTOMER VALUE
MARKETING EFFECTS ON
CUSTOMER VALUE
THE VALUE DELIVERY PROCESS
THE VALUE CHAIN
CORE COMPETENCIES
HOLISTICMARKETING ORIENTATION
ROLE OF STRATEGIC PLANNING
VALUE DELIVERY PROCESS
IT IS THE TRADITIONAL VIEW OF MARKETING WHICH WONT
WORK IN ECONOMIES WITH DIFFERENT PEOPLE
ASSESSING MARKET OPPURTUNITIES AND CUSTOMER VALUE
CHOOSING THE VALUE INCLUDES CRITICAL DECISIONS
PERTAINING TO SEGMENTING,TARGETING,POSTIONING AND
BRANDING
DESIGNING VALUE RELATED TO PRODUCT/SERVICES
DELIVERING VALUE FOCUSSING ON DISTRIBUTION
COMMUNICATING VALUE THROUGH INTEGRATED MARKETING
COMMUNICATION
THE VALUE CHAIN
IT IS A TOOL TO CREATE MORE CUSTOMER
VALUE
THE PROCESSES INCLUDE:
THE MARKET SENSING PROCESS
THE NEW OFFERING REALIZATION PROCESS
THE CUSTOMER ACQUISITION PROCESS
THE CUSTOMER RELATIONSHIP MANAGEMENT
PROCESS
THE FULFILLMENT MANAGEMENT PROCESS
CORE COMPETENCIES
A CORE COMPETNCY IS FOCUSSING ON PRODUCT
DESIGN AND DEVELOPMENT MARKETING
IT HAS THREE CHARACTERISTICS:
IT IS A SOURCE OF COMPETITIVE ADVANTAGE AND
MAKES A SIGNIFICANT CONTRIBUTION TO
PERCEIVED CUSTOMER BENEFITS
IT HAS APPLICATIONS IN A WIDE VARIETY OF
MARKETS
IT IS DIFFICULT FOR COMPETITORS TO IMITATE
A HOLISTIC MARKETING ORIENTATION
HOLISTIC MARKETERS SUCCEED BY MANAGING A
SUPERIOR VALUE CHAIN THAT DELIVERS A HIGH
LEVEL OF PRODUCT QUALITY,SERVICE,SPEED
VALUE EXPLORATION- HOW A COMPANY IDENTIFIES NEW VALUE
OPPURTUNITIES
VALUE CREATIN- HOW A COMPANY EFFICIENTLY CREATES MORE
PROMISING A NEW VALYE OFFERINGS
VALUE DELIVERY-HOW A COMPANY USES ITS CAPABILITIES AND
INFRASTRUCTURE TO DELIVER THE NEW VALUE OFFERINGS MORE
EFFICIENTLY
STRATEGIC PLANNING
IT’S THE MANAGERIAL PROCESS
DEVELOPING AND MAINTAINING A
VIABLE FIT BETWEEN THE
ORGANIZATIONS OBJECTIVES, SKILLS,
AND RESOURCES AND ITS CHANGING
MARKET OPPURTUNITIES.
THE AIM OF THIS IS TO SHAPE THE
COMPANY’S BUSINESSES AND
PRODUCTS SO THEY YIELD TARGET
PROFITS AND GROWTH.
THUS CUSTOMER VALUE
COMPLETELY DEPENDS
ON THESE EFFECTS AND
IF CONCERNED
PROPERLY THE
MARKETING CAN BE
SUCCEDED.
HAPPY CUSTOMERS IS
STRATEGIC MARKETING
Marketing effects on customer value

More Related Content

What's hot

How can marketers assess their return on investment of marketing expenditures
How can marketers assess their return on investment of marketing expendituresHow can marketers assess their return on investment of marketing expenditures
How can marketers assess their return on investment of marketing expendituresSameer Mathur
 
Developing Marketing Strategies and a Marketing Plan
Developing Marketing Strategies and a Marketing Plan  Developing Marketing Strategies and a Marketing Plan
Developing Marketing Strategies and a Marketing Plan EmmaSpottswood
 
Market opportunity analysis and consumer analysis
Market opportunity analysis and consumer analysisMarket opportunity analysis and consumer analysis
Market opportunity analysis and consumer analysisfaithbeautiful
 
CHAPTER 2 Marketing Management
CHAPTER 2 Marketing ManagementCHAPTER 2 Marketing Management
CHAPTER 2 Marketing ManagementPeleZain
 
The marketing-process
The marketing-processThe marketing-process
The marketing-processJoyce Jaro
 
Marketing Management Session 3 & 4
Marketing Management Session 3 & 4Marketing Management Session 3 & 4
Marketing Management Session 3 & 4Harish Lunani
 
strategie bazata pe profit eng - discutie client
strategie bazata pe profit eng - discutie clientstrategie bazata pe profit eng - discutie client
strategie bazata pe profit eng - discutie clientDalia Anghel
 
What are the tasks necessary for successful marketing management
What are the tasks necessary for successful marketing managementWhat are the tasks necessary for successful marketing management
What are the tasks necessary for successful marketing managementSameer Mathur
 
Abacus Marketing - strategic marketing planning process - February 2019
Abacus Marketing - strategic marketing planning process - February 2019Abacus Marketing - strategic marketing planning process - February 2019
Abacus Marketing - strategic marketing planning process - February 2019Steve Brown
 
Marketing strategy meaning & significance, formulation of
Marketing strategy  meaning & significance, formulation ofMarketing strategy  meaning & significance, formulation of
Marketing strategy meaning & significance, formulation ofChandan Singh
 
Marketing Process - Go-to-Market Plans
Marketing Process - Go-to-Market PlansMarketing Process - Go-to-Market Plans
Marketing Process - Go-to-Market PlansFour Quadrant LLC
 
Customer Focus and Market Orientation
Customer Focus and Market OrientationCustomer Focus and Market Orientation
Customer Focus and Market OrientationStephen Downes
 
Developing the marketing mix
Developing the marketing mixDeveloping the marketing mix
Developing the marketing mixitsupportasl
 
Foundations of Marketing Slide Show
Foundations of Marketing Slide ShowFoundations of Marketing Slide Show
Foundations of Marketing Slide ShowOliviaBarnett9
 
Marketing Planning Process
Marketing Planning ProcessMarketing Planning Process
Marketing Planning ProcessAbinash Panda
 
Discipline For Marketing Impact
Discipline For Marketing ImpactDiscipline For Marketing Impact
Discipline For Marketing Impactbnemecek
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing managementSagar Gadekar
 

What's hot (20)

How can marketers assess their return on investment of marketing expenditures
How can marketers assess their return on investment of marketing expendituresHow can marketers assess their return on investment of marketing expenditures
How can marketers assess their return on investment of marketing expenditures
 
Developing Marketing Strategies and a Marketing Plan
Developing Marketing Strategies and a Marketing Plan  Developing Marketing Strategies and a Marketing Plan
Developing Marketing Strategies and a Marketing Plan
 
Market opportunity analysis and consumer analysis
Market opportunity analysis and consumer analysisMarket opportunity analysis and consumer analysis
Market opportunity analysis and consumer analysis
 
CHAPTER 2 Marketing Management
CHAPTER 2 Marketing ManagementCHAPTER 2 Marketing Management
CHAPTER 2 Marketing Management
 
The marketing-process
The marketing-processThe marketing-process
The marketing-process
 
Marketing Management Session 3 & 4
Marketing Management Session 3 & 4Marketing Management Session 3 & 4
Marketing Management Session 3 & 4
 
strategie bazata pe profit eng - discutie client
strategie bazata pe profit eng - discutie clientstrategie bazata pe profit eng - discutie client
strategie bazata pe profit eng - discutie client
 
What are the tasks necessary for successful marketing management
What are the tasks necessary for successful marketing managementWhat are the tasks necessary for successful marketing management
What are the tasks necessary for successful marketing management
 
Abacus Marketing - strategic marketing planning process - February 2019
Abacus Marketing - strategic marketing planning process - February 2019Abacus Marketing - strategic marketing planning process - February 2019
Abacus Marketing - strategic marketing planning process - February 2019
 
Marketing strategy meaning & significance, formulation of
Marketing strategy  meaning & significance, formulation ofMarketing strategy  meaning & significance, formulation of
Marketing strategy meaning & significance, formulation of
 
Marketing Process - Go-to-Market Plans
Marketing Process - Go-to-Market PlansMarketing Process - Go-to-Market Plans
Marketing Process - Go-to-Market Plans
 
Customer Focus and Market Orientation
Customer Focus and Market OrientationCustomer Focus and Market Orientation
Customer Focus and Market Orientation
 
Developing the marketing mix
Developing the marketing mixDeveloping the marketing mix
Developing the marketing mix
 
Foundations of Marketing Slide Show
Foundations of Marketing Slide ShowFoundations of Marketing Slide Show
Foundations of Marketing Slide Show
 
Sample Action Plan and Timelines Format
Sample Action Plan and Timelines Format Sample Action Plan and Timelines Format
Sample Action Plan and Timelines Format
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Marketing Planning Process
Marketing Planning ProcessMarketing Planning Process
Marketing Planning Process
 
Discipline For Marketing Impact
Discipline For Marketing ImpactDiscipline For Marketing Impact
Discipline For Marketing Impact
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing management
 
Bwc gtm
Bwc gtmBwc gtm
Bwc gtm
 

Viewers also liked

How does marketing affect customer value?
How does marketing affect customer value?How does marketing affect customer value?
How does marketing affect customer value?Sameer mathur
 
How does marketing effect customer value
How does marketing effect customer value How does marketing effect customer value
How does marketing effect customer value Sameer Mathur
 
How is strategic planning carried out at different levels of organizations
How is strategic planning carried out at different levels of organizationsHow is strategic planning carried out at different levels of organizations
How is strategic planning carried out at different levels of organizationsSameer Mathur
 
How is strategic planning carried out at different levels of the organization?
How is strategic planning carried out at different levels of the organization?How is strategic planning carried out at different levels of the organization?
How is strategic planning carried out at different levels of the organization?Sameer Mathur
 
How is strategic planning carried out at different levels of the organisation
How is strategic planning carried out at different levels of the organisation How is strategic planning carried out at different levels of the organisation
How is strategic planning carried out at different levels of the organisation Sameer Mathur
 
How is strategic planning carried out at different levels of the organisation?
How is strategic planning carried out at different levels of the organisation?How is strategic planning carried out at different levels of the organisation?
How is strategic planning carried out at different levels of the organisation?Sameer mathur
 
yeni ürün ve yeni pazarlara giriş stratejileri
yeni ürün ve yeni pazarlara giriş stratejileriyeni ürün ve yeni pazarlara giriş stratejileri
yeni ürün ve yeni pazarlara giriş stratejileriDoğan Say
 
How is strategic planning carried out at the
How is strategic planning carried out at theHow is strategic planning carried out at the
How is strategic planning carried out at theSameer Mathur
 

Viewers also liked (8)

How does marketing affect customer value?
How does marketing affect customer value?How does marketing affect customer value?
How does marketing affect customer value?
 
How does marketing effect customer value
How does marketing effect customer value How does marketing effect customer value
How does marketing effect customer value
 
How is strategic planning carried out at different levels of organizations
How is strategic planning carried out at different levels of organizationsHow is strategic planning carried out at different levels of organizations
How is strategic planning carried out at different levels of organizations
 
How is strategic planning carried out at different levels of the organization?
How is strategic planning carried out at different levels of the organization?How is strategic planning carried out at different levels of the organization?
How is strategic planning carried out at different levels of the organization?
 
How is strategic planning carried out at different levels of the organisation
How is strategic planning carried out at different levels of the organisation How is strategic planning carried out at different levels of the organisation
How is strategic planning carried out at different levels of the organisation
 
How is strategic planning carried out at different levels of the organisation?
How is strategic planning carried out at different levels of the organisation?How is strategic planning carried out at different levels of the organisation?
How is strategic planning carried out at different levels of the organisation?
 
yeni ürün ve yeni pazarlara giriş stratejileri
yeni ürün ve yeni pazarlara giriş stratejileriyeni ürün ve yeni pazarlara giriş stratejileri
yeni ürün ve yeni pazarlara giriş stratejileri
 
How is strategic planning carried out at the
How is strategic planning carried out at theHow is strategic planning carried out at the
How is strategic planning carried out at the
 

Similar to Marketing effects on customer value

Financial service marketing by sahil
Financial service marketing by sahilFinancial service marketing by sahil
Financial service marketing by sahilSahil Khosla
 
Marketing strategies of bank PPT
Marketing strategies of bank PPTMarketing strategies of bank PPT
Marketing strategies of bank PPTABDUL SAMAD
 
Customer Relationship Marketing CRM
Customer Relationship Marketing CRMCustomer Relationship Marketing CRM
Customer Relationship Marketing CRMDR. SHAJAHAN mba phd
 
KEY CONCEPTS OF MARKETING PROCESS
KEY CONCEPTS OF MARKETING PROCESSKEY CONCEPTS OF MARKETING PROCESS
KEY CONCEPTS OF MARKETING PROCESSClarisseGonzales6
 
RELANTIONSHIP MARKETING As A TOOL
RELANTIONSHIP MARKETING As A TOOL RELANTIONSHIP MARKETING As A TOOL
RELANTIONSHIP MARKETING As A TOOL Amarnath Krishnan
 
Pride2e basic ch01
Pride2e basic ch01Pride2e basic ch01
Pride2e basic ch01haithamo
 
Dr. V. Ramadevi, Department of Management.
Dr. V. Ramadevi, Department of Management.Dr. V. Ramadevi, Department of Management.
Dr. V. Ramadevi, Department of Management.ramakarthik
 
Basic Understanding About Marketing And Its Importance
Basic Understanding About Marketing And Its ImportanceBasic Understanding About Marketing And Its Importance
Basic Understanding About Marketing And Its Importanceanirudhjaiswal230
 
Ce Workshop Operationalizing Voc Across The Customer Experience
Ce Workshop   Operationalizing Voc Across The Customer ExperienceCe Workshop   Operationalizing Voc Across The Customer Experience
Ce Workshop Operationalizing Voc Across The Customer ExperienceMarket Value Solutions
 
Chapter 1 gabriel yudhistira h maria ulfa
Chapter 1  gabriel yudhistira h   maria ulfaChapter 1  gabriel yudhistira h   maria ulfa
Chapter 1 gabriel yudhistira h maria ulfaMariaUlfa157
 
Idea to Enterprise
Idea to EnterpriseIdea to Enterprise
Idea to EnterprisePinkesh Shah
 
ALL ABOUT MARKETING by Aditi Walia
ALL ABOUT MARKETING by Aditi WaliaALL ABOUT MARKETING by Aditi Walia
ALL ABOUT MARKETING by Aditi WaliaAditi Walia
 
Go to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGo to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGerhard Barcus
 

Similar to Marketing effects on customer value (20)

Identifying high value customers
Identifying high value customersIdentifying high value customers
Identifying high value customers
 
Financial service marketing by sahil
Financial service marketing by sahilFinancial service marketing by sahil
Financial service marketing by sahil
 
Marketing strategies of bank PPT
Marketing strategies of bank PPTMarketing strategies of bank PPT
Marketing strategies of bank PPT
 
Customer Relationship Marketing CRM
Customer Relationship Marketing CRMCustomer Relationship Marketing CRM
Customer Relationship Marketing CRM
 
Mm module - i
Mm   module - iMm   module - i
Mm module - i
 
Jaiib marketing
Jaiib marketingJaiib marketing
Jaiib marketing
 
KEY CONCEPTS OF MARKETING PROCESS
KEY CONCEPTS OF MARKETING PROCESSKEY CONCEPTS OF MARKETING PROCESS
KEY CONCEPTS OF MARKETING PROCESS
 
RELANTIONSHIP MARKETING As A TOOL
RELANTIONSHIP MARKETING As A TOOL RELANTIONSHIP MARKETING As A TOOL
RELANTIONSHIP MARKETING As A TOOL
 
Pride2e basic ch01
Pride2e basic ch01Pride2e basic ch01
Pride2e basic ch01
 
Dr. V. Ramadevi, Department of Management.
Dr. V. Ramadevi, Department of Management.Dr. V. Ramadevi, Department of Management.
Dr. V. Ramadevi, Department of Management.
 
Basic Understanding About Marketing And Its Importance
Basic Understanding About Marketing And Its ImportanceBasic Understanding About Marketing And Its Importance
Basic Understanding About Marketing And Its Importance
 
Unit1 introduction
Unit1 introductionUnit1 introduction
Unit1 introduction
 
Marketing
MarketingMarketing
Marketing
 
Ce Workshop Operationalizing Voc Across The Customer Experience
Ce Workshop   Operationalizing Voc Across The Customer ExperienceCe Workshop   Operationalizing Voc Across The Customer Experience
Ce Workshop Operationalizing Voc Across The Customer Experience
 
Tasks
Tasks Tasks
Tasks
 
Tasks
Tasks Tasks
Tasks
 
Chapter 1 gabriel yudhistira h maria ulfa
Chapter 1  gabriel yudhistira h   maria ulfaChapter 1  gabriel yudhistira h   maria ulfa
Chapter 1 gabriel yudhistira h maria ulfa
 
Idea to Enterprise
Idea to EnterpriseIdea to Enterprise
Idea to Enterprise
 
ALL ABOUT MARKETING by Aditi Walia
ALL ABOUT MARKETING by Aditi WaliaALL ABOUT MARKETING by Aditi Walia
ALL ABOUT MARKETING by Aditi Walia
 
Go to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGo to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy Iran
 

More from Sameer mathur

Harvard Business Review case Analysis with Harvard Business Case Analysis inc...
Harvard Business Review case Analysis with Harvard Business Case Analysis inc...Harvard Business Review case Analysis with Harvard Business Case Analysis inc...
Harvard Business Review case Analysis with Harvard Business Case Analysis inc...Sameer mathur
 
Make the most of a polarizing brand
Make the most of a polarizing brandMake the most of a polarizing brand
Make the most of a polarizing brandSameer mathur
 
Branding in the digital age:You're Spending your money in All the Wrong places
Branding in the digital age:You're Spending your money in All the Wrong placesBranding in the digital age:You're Spending your money in All the Wrong places
Branding in the digital age:You're Spending your money in All the Wrong placesSameer mathur
 
Ditch the discounts - Rahul Nk
Ditch the discounts - Rahul NkDitch the discounts - Rahul Nk
Ditch the discounts - Rahul NkSameer mathur
 
Competing Against Free - An Indian Perspective
Competing Against Free - An Indian PerspectiveCompeting Against Free - An Indian Perspective
Competing Against Free - An Indian PerspectiveSameer mathur
 
One last presentation
One last presentationOne last presentation
One last presentationSameer mathur
 
Branding yoga, a HBS case study.
Branding yoga, a HBS case study.Branding yoga, a HBS case study.
Branding yoga, a HBS case study.Sameer mathur
 
Saxonville sausage company- A Case Study
Saxonville sausage company- A Case StudySaxonville sausage company- A Case Study
Saxonville sausage company- A Case StudySameer mathur
 
UnME Jeans : Branding in Web 2.0
UnME Jeans : Branding in Web 2.0UnME Jeans : Branding in Web 2.0
UnME Jeans : Branding in Web 2.0Sameer mathur
 
Analysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionAnalysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionSameer mathur
 
Steinway & sons:Buying a Legend
Steinway & sons:Buying a LegendSteinway & sons:Buying a Legend
Steinway & sons:Buying a LegendSameer mathur
 
Grey Worldwide Case Analysis - Anurag Kar
Grey Worldwide Case Analysis - Anurag KarGrey Worldwide Case Analysis - Anurag Kar
Grey Worldwide Case Analysis - Anurag KarSameer mathur
 
Harvard Business case third(MedNet.com confronts "click through" competition)
Harvard Business case third(MedNet.com confronts "click through" competition)Harvard Business case third(MedNet.com confronts "click through" competition)
Harvard Business case third(MedNet.com confronts "click through" competition)Sameer mathur
 
Branding yoga case study
Branding yoga case studyBranding yoga case study
Branding yoga case studySameer mathur
 
What are the pros and cons of database marketing?
What are the pros and cons of database marketing?What are the pros and cons of database marketing?
What are the pros and cons of database marketing?Sameer mathur
 
How can companies attract and retain the right customers and cultivate strong...
How can companies attract and retain the right customers and cultivate strong...How can companies attract and retain the right customers and cultivate strong...
How can companies attract and retain the right customers and cultivate strong...Sameer mathur
 
What is the lifetime value of customers, and how can marketers maximize it?
What is the lifetime value of customers, and how can marketers maximize it?What is the lifetime value of customers, and how can marketers maximize it?
What is the lifetime value of customers, and how can marketers maximize it?Sameer mathur
 

More from Sameer mathur (20)

Harvard Business Review case Analysis with Harvard Business Case Analysis inc...
Harvard Business Review case Analysis with Harvard Business Case Analysis inc...Harvard Business Review case Analysis with Harvard Business Case Analysis inc...
Harvard Business Review case Analysis with Harvard Business Case Analysis inc...
 
Make the most of a polarizing brand
Make the most of a polarizing brandMake the most of a polarizing brand
Make the most of a polarizing brand
 
Branding in the digital age:You're Spending your money in All the Wrong places
Branding in the digital age:You're Spending your money in All the Wrong placesBranding in the digital age:You're Spending your money in All the Wrong places
Branding in the digital age:You're Spending your money in All the Wrong places
 
Ditch the discounts - Rahul Nk
Ditch the discounts - Rahul NkDitch the discounts - Rahul Nk
Ditch the discounts - Rahul Nk
 
Competing Against Free - An Indian Perspective
Competing Against Free - An Indian PerspectiveCompeting Against Free - An Indian Perspective
Competing Against Free - An Indian Perspective
 
One last presentation
One last presentationOne last presentation
One last presentation
 
Polarizing brands
Polarizing brandsPolarizing brands
Polarizing brands
 
Polarizing brands
Polarizing brandsPolarizing brands
Polarizing brands
 
Branding yoga, a HBS case study.
Branding yoga, a HBS case study.Branding yoga, a HBS case study.
Branding yoga, a HBS case study.
 
Saxonville sausage company- A Case Study
Saxonville sausage company- A Case StudySaxonville sausage company- A Case Study
Saxonville sausage company- A Case Study
 
UnME Jeans : Branding in Web 2.0
UnME Jeans : Branding in Web 2.0UnME Jeans : Branding in Web 2.0
UnME Jeans : Branding in Web 2.0
 
Analysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionAnalysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competition
 
Steinway & sons:Buying a Legend
Steinway & sons:Buying a LegendSteinway & sons:Buying a Legend
Steinway & sons:Buying a Legend
 
Grey Worldwide Case Analysis - Anurag Kar
Grey Worldwide Case Analysis - Anurag KarGrey Worldwide Case Analysis - Anurag Kar
Grey Worldwide Case Analysis - Anurag Kar
 
Harvard Business case third(MedNet.com confronts "click through" competition)
Harvard Business case third(MedNet.com confronts "click through" competition)Harvard Business case third(MedNet.com confronts "click through" competition)
Harvard Business case third(MedNet.com confronts "click through" competition)
 
Branding Yoga
Branding YogaBranding Yoga
Branding Yoga
 
Branding yoga case study
Branding yoga case studyBranding yoga case study
Branding yoga case study
 
What are the pros and cons of database marketing?
What are the pros and cons of database marketing?What are the pros and cons of database marketing?
What are the pros and cons of database marketing?
 
How can companies attract and retain the right customers and cultivate strong...
How can companies attract and retain the right customers and cultivate strong...How can companies attract and retain the right customers and cultivate strong...
How can companies attract and retain the right customers and cultivate strong...
 
What is the lifetime value of customers, and how can marketers maximize it?
What is the lifetime value of customers, and how can marketers maximize it?What is the lifetime value of customers, and how can marketers maximize it?
What is the lifetime value of customers, and how can marketers maximize it?
 

Marketing effects on customer value

  • 2. MARKETING EFFECTS ON CUSTOMER VALUE THE VALUE DELIVERY PROCESS THE VALUE CHAIN CORE COMPETENCIES HOLISTICMARKETING ORIENTATION ROLE OF STRATEGIC PLANNING
  • 3. VALUE DELIVERY PROCESS IT IS THE TRADITIONAL VIEW OF MARKETING WHICH WONT WORK IN ECONOMIES WITH DIFFERENT PEOPLE ASSESSING MARKET OPPURTUNITIES AND CUSTOMER VALUE CHOOSING THE VALUE INCLUDES CRITICAL DECISIONS PERTAINING TO SEGMENTING,TARGETING,POSTIONING AND BRANDING DESIGNING VALUE RELATED TO PRODUCT/SERVICES DELIVERING VALUE FOCUSSING ON DISTRIBUTION COMMUNICATING VALUE THROUGH INTEGRATED MARKETING COMMUNICATION
  • 4. THE VALUE CHAIN IT IS A TOOL TO CREATE MORE CUSTOMER VALUE THE PROCESSES INCLUDE: THE MARKET SENSING PROCESS THE NEW OFFERING REALIZATION PROCESS THE CUSTOMER ACQUISITION PROCESS THE CUSTOMER RELATIONSHIP MANAGEMENT PROCESS THE FULFILLMENT MANAGEMENT PROCESS
  • 5. CORE COMPETENCIES A CORE COMPETNCY IS FOCUSSING ON PRODUCT DESIGN AND DEVELOPMENT MARKETING IT HAS THREE CHARACTERISTICS: IT IS A SOURCE OF COMPETITIVE ADVANTAGE AND MAKES A SIGNIFICANT CONTRIBUTION TO PERCEIVED CUSTOMER BENEFITS IT HAS APPLICATIONS IN A WIDE VARIETY OF MARKETS IT IS DIFFICULT FOR COMPETITORS TO IMITATE
  • 6. A HOLISTIC MARKETING ORIENTATION HOLISTIC MARKETERS SUCCEED BY MANAGING A SUPERIOR VALUE CHAIN THAT DELIVERS A HIGH LEVEL OF PRODUCT QUALITY,SERVICE,SPEED VALUE EXPLORATION- HOW A COMPANY IDENTIFIES NEW VALUE OPPURTUNITIES VALUE CREATIN- HOW A COMPANY EFFICIENTLY CREATES MORE PROMISING A NEW VALYE OFFERINGS VALUE DELIVERY-HOW A COMPANY USES ITS CAPABILITIES AND INFRASTRUCTURE TO DELIVER THE NEW VALUE OFFERINGS MORE EFFICIENTLY
  • 7. STRATEGIC PLANNING IT’S THE MANAGERIAL PROCESS DEVELOPING AND MAINTAINING A VIABLE FIT BETWEEN THE ORGANIZATIONS OBJECTIVES, SKILLS, AND RESOURCES AND ITS CHANGING MARKET OPPURTUNITIES. THE AIM OF THIS IS TO SHAPE THE COMPANY’S BUSINESSES AND PRODUCTS SO THEY YIELD TARGET PROFITS AND GROWTH.
  • 8. THUS CUSTOMER VALUE COMPLETELY DEPENDS ON THESE EFFECTS AND IF CONCERNED PROPERLY THE MARKETING CAN BE SUCCEDED. HAPPY CUSTOMERS IS STRATEGIC MARKETING