ENTREPRENUERIAL MARKETING New Marketing
Definition of business
An entity that creates CUSTOMER. Or that adds  value to the customer.
Better than: COMPETITORS BEFORE
Two essential functions in a business: MARKETING INNOVATION
MARKETING
Continuously satisfying Customer  needs  &  wants At a profit Better than  competitors
NEEDS WANTS MUST HAVE NICE TO HAVE NEED TO EAT FOOD KAPAMPANGAN CUISINE BICOLANO CUISINE
SHOES TO PROTECT FEET RUSTY LOPEZ ( 1,500 @ PAIR) PRADA ( 15,000 @ PAIR) NEEDS WANTS MUST HAVE NICE TO HAVE
SOAP TO CLEAN OUR BODIES SAFEGUARD CAMAY NEEDS WANTS MUST HAVE NICE TO HAVE
Maslow’s Hierarchy of Needs
Needs
Value according to STARBUCKS 1 tbsp of Great Taste coffee= P0.27 1 sachet 3 in l  =  2.70 (l0x) 1 brewed coffee at McDo  = 27.00 (100x) 1 coffee at Starbucks  =100.00 (500x) How is value created, delivered and captured?
Value According to Starbucks
Who is the Customer? The one who PAYS. What is our channel/link to him/her? How is  value delivered? What is price he/she is willing to pay?
Value Creation Delivery Capture
 
Customers
OLD MARKETING 20 th  century
Customers by channel
Positioning
P’s of Marketing
House of P’s P ositioning / US P P assionate  P eople P ersistence /  P atience P lacement P rocess that fulfills a  P romise P rayer P romotions P rice P roduct P rimary Target Market P ersistent P rofits 16 P’s
Marketing mix
 
Who is the Customer (PTM)? Building a community of customers (CRM) Customer Service Rewards Loyalty incentives
A Community of  Customers
21 ST  CENTURY MARKETING
New Marketing Guerrilla marketing WOM marketing Freemium marketing Social media marketing The long tail
Guerrilla marketing
Blue ocean  Entering new markets Setting the rules.
Blue Ocean
Freemium
Long Tail
Viral Marketing
 
 
Purple Cow
PURPLE COW
Mooooo!!!!
Your new calling card:
The new positioning
The new media SOCIAL NETWORK: Facebook Twitter Friendster SOCIAL MEDIA: You Tube Flickr
 
The NEW Marketing Director THE SEO
New Markets
New Satisfaction
New Customers
New Competitors
New Markets
New Customer Satisfaction
New Communication Conversations
New Revenues
New costs
New value chain
THANK YOU [email_address]
Acknowledgement Pictures are from Google images Many ideas are from slideshare ppts The presentor acknowledges the source of these ideas.

entrepreneurial marketing. New marketing, innovation in marketing, 21st century marketing