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Welcome
Marketing 571, Class 2
    August / July 2009
     Lawrence Linn
Concept Review
How is marketing management
 both an art and a science?
discuss
How is marketing management
 both an art and a science?
Social   Economic   Technology   Competitive   Regulatory
“ Define your business
   by customer needs,
      not products
                  “
Topic
   Marketing
 Research
• What do you want to know?
• Who do you ask?
“Eight Arms to Hold You”

“Spaceman From Pluto”

  “Would I lie to You?”

        “3000”
“Eight Arms to Hold You”

“Spaceman From Pluto”

  “Would I lie to You?”

        “3000”
“Eight Arms to Hold You”

“Spaceman From Pluto”

  “Would I lie to You?”

        “3000”
“Eight Arms to Hold You”

“Spaceman From Pluto”

  “Would I lie to You?”

        “3000”
Research: The 5 Steps
Research: The 5 Steps


Problem      Research     Data       Present     Take
Definition      Plan     Collection   Findings   Action
Primary vs. Secondary
Primary vs. Secondary
Topic
   Marketing
 Research
Secondar y
 Internet
 Research
Topic Buyer
 Behavior
The Consumer Decision Process
The Consumer Decision Process


 Problem
Recognition
The Consumer Decision Process


 Problem      Information
Recognition      Search
The Consumer Decision Process


 Problem      Information   Alternative
Recognition      Search     Evaluation
The Consumer Decision Process


 Problem      Information   Alternative   Purchase
Recognition      Search     Evaluation    Decision
The Consumer Decision Process


                                                       Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior




 “I want a car, but I
  have no money”
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior




 “I want a car, but I
  have no money”
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Post-
 Problem      Information   Alternative   Purchase
                                                     purchase
Recognition      Search     Evaluation    Decision
                                                     Behavior
Topic
   The rational
 Consumer
The Rational Consumer
The Rational Consumer
The Rational Consumer
Topic
        market
segmentation
How do we service customers with
        varied needs?
Age
Sex
Sex


(Pat?)
Race


(who the hell is this?)
Behavior
Segmentation gone wrong
Segmentation
• Consumer segmentation
 • Demographics, psychographics, behavioral
 • Benefits segmentation & needs-based
    segmentation
• Business segmentation
 • Company size, industry, geography
• Profitability of segments: 80 – 20 rule
Desktop         Portable



Business

            Power Mac G5   PowerBook




 Home


                iMac         iBook
Desktop         Portable



Business

            Power Mac G5   PowerBook




 Home


                iMac         iBook
Topic
     Perceptual
 mapping
Perceptual Mapping?

Start with
Position on x-y graph
Perceptual Mapping?

 Start with products      classy

 Position on x-y graph



conservative                         sporty




                         practical
Try other dimensions

                       wasteful




 small                             large




                   fuel efficient
Try other dimensions

                       Single




Youth                           Mature




                       Family
(part I)
Topic
   Presentation skills
 workshop  (part I)
Top 12 Presentation Resources
tech
Draw a stick figure on the white board
interact
Draw a stick figure on the white board
Informal Drawings Work Too
Mkt571.Augsep09.2.Slideshare

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Mkt571.Augsep09.2.Slideshare

Editor's Notes

  1. examples: Railroads, Movies
  2. The site originally featured tech “tips” that recommended calorie counting, finding recipes and watching cooking videos as ways for women to get the most from a laptop.
  3. I just threw up in my mouth a little bit