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My Question to U
 Can you Think any Business
 WITHOUT
customer
11/7/20181 AIMBA/106BOM/2017/SESSION-1
If ur ANSWER IS no
 I will ask U why
11/7/20182 AIMBA/106BOM/2017/SESSION-1
Give me answers
Twistyour Brains
11/7/20183 AIMBA/106BOM/2017/SESSION-1
In ur answers lies
Answer
11/7/20184 AIMBA/106BOM/2017/SESSION-1
 How to identify
Customer?
 How to identify customer
needs?
 What marketing practices company
follows to identify and
11/7/20185 AIMBA/106BOM/2017/SESSION-1
That what MARKETING
STUDIES IS ALL ABOUT
11/7/20186 AIMBA/106BOM/2017/SESSION-1
11/7/20187 AIMBA/106BOM/2017/SESSION-1
What is there in Basics of Marketing?
BOM
11/7/20188 AIMBA/106BOM/2017/SESSION-1
What are Course Objectives?
11/7/2018AIMBA/106BOM/2017/SESSION-19
1. To introduce marketing as a business function
and a philosophy
2. To emphasize importance of understanding
external environment in marketing decision
making
3. To expose students to a systematic frame work
of marketing &implementations and to highlight
need for different marketing approaches for
services, goods, and for household consumers,
business buyers
Unit No.1-What really Marketing
is?
11/7/2018AIMBA/106BOM/2017/SESSION-110
 1.1 Definition & Functions of Marketing: Scope of
Marketing, Core concepts of marketing such as Need,
Want, Demand, Customer Value, Exchange, Customer &
Consumer, Customer Satisfaction, Customer Delight,
Customer Loyalty, Marketing v/s Market
 1.2 Markets: Definition of Market, Competition, Key
customer markets, Marketplaces, Market spaces,
Metamarkets
 1.3 Company Orientation towards Market Place:
Product, Production, Sales, Marketing, Societal,
Transactional, Relational,Holistic Marketing Orientation.
Selling versus Marketing. Concept of Marketing Myopia.
 1.4 Introduction to the Concept of Marketing Mix:
Origin & Concept of Marketing Mix and Definitions of
7Ps.People, Processes & Physical Evidence
 1.5 New Marketing Realities: Major Societal Forces, New
Consumer Capabilities & New Company Capabilities.
Unit 2 How to identify customers
needs,wants and demands
11/7/2018AIMBA/106BOM/2017/SESSION-111
 Consumer Behavior:
 2.1 Meaning & importance of consumer behavior,
Comparison between Organizational Buying
behavior and consumer buying behavior, Buying
roles, 2.2 Five steps buyer decision process
How the environmental forces
influence Marketing
Performance?
11/7/2018AIMBA/106BOM/2017/SESSION-112
 3.1 Concept of Environment: Macro and Micro,
Need for analyzing the Marketing Environment
 3.2 Macro Environment: Analyzing the
Economic, Socio-cultural,
How to select Market to serve?
11/7/2018AIMBA/106BOM/2017/SESSION-113
 4.1 Marketing as Value Delivery Process: Traditional & modern
approaches
 4.2 Segmentation: Definition, Need for segmentation, Benefits of
segmentation to marketers, Bases for market segmentation of
consumer goods & industrial goods, Criteria for effective
segmentation.
 4.3 Levels of Market Segmentation: Segment Marketing, Niche
Marketing, Local Marketing, Mass Marketing.
 4.4 Target Market : Concept of Target Market and criteria for
selection of target market
 4.5 Positioning: Concept of Differentiation &Positioning,
Introduction to the concepts of Value Proposition & USP.

From which ‘P’ the customer really
get benefit and his/her problems get
solved?
11/7/2018AIMBA/106BOM/2017/SESSION-114
 5.1 Product :Meaning of product, Goods &
Services Continuum, Classification of
consumer products – Convenience, Shopping,
Specialty, Unsought, classification of
industrial products – material & parts, capital
items, supplies & services
 5.2Product Levels: The customer value
hierarchy
 5.3 Product Mix: Width, Depth, Consistency &
Product line.
Session 1-Exercises
11/7/2018AIMBA/106BOM/2017/SESSION-115
 Library Exercise
 Find out 5 reference books and two text books available in
library and record the name off books and authors
 Syllabus Exercise
 Read the course objectives of Basics of Marketing and
discuss how it will be useful for the marketing
practitioners/consultants/employees/Government/economy
/society
 Web exercise
 Find out the 5 best marketing websites which indicates
current marketing trends
 Download 2 research papers related to marketing
 Group Discussion
 “Business cannot survive without marketing”
11/7/2018AIMBA/106BOM/2017/SESSION-116

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basic ofmarketing

  • 1. My Question to U  Can you Think any Business  WITHOUT customer 11/7/20181 AIMBA/106BOM/2017/SESSION-1
  • 2. If ur ANSWER IS no  I will ask U why 11/7/20182 AIMBA/106BOM/2017/SESSION-1
  • 3. Give me answers Twistyour Brains 11/7/20183 AIMBA/106BOM/2017/SESSION-1
  • 4. In ur answers lies Answer 11/7/20184 AIMBA/106BOM/2017/SESSION-1
  • 5.  How to identify Customer?  How to identify customer needs?  What marketing practices company follows to identify and 11/7/20185 AIMBA/106BOM/2017/SESSION-1
  • 6. That what MARKETING STUDIES IS ALL ABOUT 11/7/20186 AIMBA/106BOM/2017/SESSION-1
  • 8. What is there in Basics of Marketing? BOM 11/7/20188 AIMBA/106BOM/2017/SESSION-1
  • 9. What are Course Objectives? 11/7/2018AIMBA/106BOM/2017/SESSION-19 1. To introduce marketing as a business function and a philosophy 2. To emphasize importance of understanding external environment in marketing decision making 3. To expose students to a systematic frame work of marketing &implementations and to highlight need for different marketing approaches for services, goods, and for household consumers, business buyers
  • 10. Unit No.1-What really Marketing is? 11/7/2018AIMBA/106BOM/2017/SESSION-110  1.1 Definition & Functions of Marketing: Scope of Marketing, Core concepts of marketing such as Need, Want, Demand, Customer Value, Exchange, Customer & Consumer, Customer Satisfaction, Customer Delight, Customer Loyalty, Marketing v/s Market  1.2 Markets: Definition of Market, Competition, Key customer markets, Marketplaces, Market spaces, Metamarkets  1.3 Company Orientation towards Market Place: Product, Production, Sales, Marketing, Societal, Transactional, Relational,Holistic Marketing Orientation. Selling versus Marketing. Concept of Marketing Myopia.  1.4 Introduction to the Concept of Marketing Mix: Origin & Concept of Marketing Mix and Definitions of 7Ps.People, Processes & Physical Evidence  1.5 New Marketing Realities: Major Societal Forces, New Consumer Capabilities & New Company Capabilities.
  • 11. Unit 2 How to identify customers needs,wants and demands 11/7/2018AIMBA/106BOM/2017/SESSION-111  Consumer Behavior:  2.1 Meaning & importance of consumer behavior, Comparison between Organizational Buying behavior and consumer buying behavior, Buying roles, 2.2 Five steps buyer decision process
  • 12. How the environmental forces influence Marketing Performance? 11/7/2018AIMBA/106BOM/2017/SESSION-112  3.1 Concept of Environment: Macro and Micro, Need for analyzing the Marketing Environment  3.2 Macro Environment: Analyzing the Economic, Socio-cultural,
  • 13. How to select Market to serve? 11/7/2018AIMBA/106BOM/2017/SESSION-113  4.1 Marketing as Value Delivery Process: Traditional & modern approaches  4.2 Segmentation: Definition, Need for segmentation, Benefits of segmentation to marketers, Bases for market segmentation of consumer goods & industrial goods, Criteria for effective segmentation.  4.3 Levels of Market Segmentation: Segment Marketing, Niche Marketing, Local Marketing, Mass Marketing.  4.4 Target Market : Concept of Target Market and criteria for selection of target market  4.5 Positioning: Concept of Differentiation &Positioning, Introduction to the concepts of Value Proposition & USP. 
  • 14. From which ‘P’ the customer really get benefit and his/her problems get solved? 11/7/2018AIMBA/106BOM/2017/SESSION-114  5.1 Product :Meaning of product, Goods & Services Continuum, Classification of consumer products – Convenience, Shopping, Specialty, Unsought, classification of industrial products – material & parts, capital items, supplies & services  5.2Product Levels: The customer value hierarchy  5.3 Product Mix: Width, Depth, Consistency & Product line.
  • 15. Session 1-Exercises 11/7/2018AIMBA/106BOM/2017/SESSION-115  Library Exercise  Find out 5 reference books and two text books available in library and record the name off books and authors  Syllabus Exercise  Read the course objectives of Basics of Marketing and discuss how it will be useful for the marketing practitioners/consultants/employees/Government/economy /society  Web exercise  Find out the 5 best marketing websites which indicates current marketing trends  Download 2 research papers related to marketing  Group Discussion  “Business cannot survive without marketing”