For Reference. Why Sales and Marketing Jobs exist and what career options you have after you MBA in Sales and Marketing. Best of luck to the MBA aspirants and students.
Subject - Management
Unit 1 - introduction to marketing management
Content- Marketing, Marketing Management, Markets, What can Marketed? etc.
Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
The document outlines the marketing planning process. It discusses that marketing planning involves analyzing the business environment and capabilities, deciding on marketing actions, and implementing decisions. The planning process includes understanding the business situation, researching target customers, positioning the brand, defining offerings, identifying techniques, tools and infrastructure needs, and documenting schedules. Benefits of planning are that it encourages revisiting assumptions, reduces risk, provides accountability, allows for proactivity over reactivity, and can provide a competitive advantage.
The document discusses various economic theories of trade and competitive advantage. It describes Adam Smith's theory of absolute advantage, David Ricardo's theory of comparative advantage, and Michael Porter's theory of competitive advantage. Porter argued that competitive advantage results from offering greater value to customers through lower prices or better quality. The document also discusses Michael Porter's four generic business strategies - differentiation, cost leadership, and focus - for gaining competitive advantage. It argues that in today's competitive environment, a differentiation-integration strategy is required that combines diversification and integration across business units.
Unit 2 segmentation, targeting & positioningHARIBASKARR1
This document discusses market segmentation, targeting, and positioning. It begins by defining market segmentation as dividing the total market into smaller, more homogeneous groups based on characteristics like geography, demographics, psychographics, usage patterns, and benefits sought. The key benefits of segmentation are that it allows companies to better meet customer needs and concentrate marketing efforts on the most profitable segments. The document then examines bases for segmentation, the segmentation process, strategic options like niche vs. differentiated marketing, and levels of segmentation from mass to individual markets.
Marketing is a broad field that covers many subjects including marketing management, strategic brand management, marketing planning and strategy, retail marketing, sales and distribution management, rural marketing, marketing of services, advertising and sales promotion, business marketing, and consumer behavior. Studying these diverse subjects in marketing equips graduates with skills and knowledge that can enable them to pursue various career opportunities in fields like product management, brand management, marketing analytics, digital marketing, customer relationship management, and more.
Motivation and Compensation of Sales PeopleKaushik Maitra
The document discusses different types of compensation plans for motivating salespeople, including straight salary plans, straight commission plans, and combination plans. Straight salary plans provide secure income but lack financial incentives for performance. Straight commission plans strongly incentivize performance but may lack focus on customer relationships. Combination plans combine elements to reward performance while providing some security. The optimal plan depends on the sales role and company's objectives.
Market Segmentation - Five Essential CriteriaMBA & Company
Market segmentation involves dividing broad target markets into specific consumer groups. There are 5 essential criteria for viable market segments: 1) They must be measurable in terms of size. 2) Be a substantial homogeneous group that will not quickly change. 3) Be accessible via appropriate marketing approaches. 4) Be internally similar but externally different from other segments. 5) Provide actionable data to inform marketing positions and sales approaches that can be quantified. Proper market segmentation allows for an efficient targeted approach to customers.
This document discusses different types of organizational structures for marketing departments. It begins by outlining factors that influence organizational structure like technology, customer lifestyles, and the environment. The main types discussed are functional, territorial, product-based, customer-based, and matrix structures. For each type, it describes the basic structure, advantages, and disadvantages. It emphasizes that the optimal structure depends on an organization's size, products, markets, competition, and management philosophy. The document provides guidance on choosing and evaluating different marketing organizational structures.
Subject - Management
Unit 1 - introduction to marketing management
Content- Marketing, Marketing Management, Markets, What can Marketed? etc.
Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
The document outlines the marketing planning process. It discusses that marketing planning involves analyzing the business environment and capabilities, deciding on marketing actions, and implementing decisions. The planning process includes understanding the business situation, researching target customers, positioning the brand, defining offerings, identifying techniques, tools and infrastructure needs, and documenting schedules. Benefits of planning are that it encourages revisiting assumptions, reduces risk, provides accountability, allows for proactivity over reactivity, and can provide a competitive advantage.
The document discusses various economic theories of trade and competitive advantage. It describes Adam Smith's theory of absolute advantage, David Ricardo's theory of comparative advantage, and Michael Porter's theory of competitive advantage. Porter argued that competitive advantage results from offering greater value to customers through lower prices or better quality. The document also discusses Michael Porter's four generic business strategies - differentiation, cost leadership, and focus - for gaining competitive advantage. It argues that in today's competitive environment, a differentiation-integration strategy is required that combines diversification and integration across business units.
Unit 2 segmentation, targeting & positioningHARIBASKARR1
This document discusses market segmentation, targeting, and positioning. It begins by defining market segmentation as dividing the total market into smaller, more homogeneous groups based on characteristics like geography, demographics, psychographics, usage patterns, and benefits sought. The key benefits of segmentation are that it allows companies to better meet customer needs and concentrate marketing efforts on the most profitable segments. The document then examines bases for segmentation, the segmentation process, strategic options like niche vs. differentiated marketing, and levels of segmentation from mass to individual markets.
Marketing is a broad field that covers many subjects including marketing management, strategic brand management, marketing planning and strategy, retail marketing, sales and distribution management, rural marketing, marketing of services, advertising and sales promotion, business marketing, and consumer behavior. Studying these diverse subjects in marketing equips graduates with skills and knowledge that can enable them to pursue various career opportunities in fields like product management, brand management, marketing analytics, digital marketing, customer relationship management, and more.
Motivation and Compensation of Sales PeopleKaushik Maitra
The document discusses different types of compensation plans for motivating salespeople, including straight salary plans, straight commission plans, and combination plans. Straight salary plans provide secure income but lack financial incentives for performance. Straight commission plans strongly incentivize performance but may lack focus on customer relationships. Combination plans combine elements to reward performance while providing some security. The optimal plan depends on the sales role and company's objectives.
Market Segmentation - Five Essential CriteriaMBA & Company
Market segmentation involves dividing broad target markets into specific consumer groups. There are 5 essential criteria for viable market segments: 1) They must be measurable in terms of size. 2) Be a substantial homogeneous group that will not quickly change. 3) Be accessible via appropriate marketing approaches. 4) Be internally similar but externally different from other segments. 5) Provide actionable data to inform marketing positions and sales approaches that can be quantified. Proper market segmentation allows for an efficient targeted approach to customers.
This document discusses different types of organizational structures for marketing departments. It begins by outlining factors that influence organizational structure like technology, customer lifestyles, and the environment. The main types discussed are functional, territorial, product-based, customer-based, and matrix structures. For each type, it describes the basic structure, advantages, and disadvantages. It emphasizes that the optimal structure depends on an organization's size, products, markets, competition, and management philosophy. The document provides guidance on choosing and evaluating different marketing organizational structures.
HRM involves planning, recruiting, selecting, training, developing, compensating, and maintaining the workforce. The key functions of HRM are acquisition, training, appraisal, compensation, labor relations, health and safety, fairness, motivation, and maintenance of employees. HRM helps achieve organizational goals through strategic workforce planning and developing high-performance work systems. Emerging trends shaping HRM include globalization, technological changes, workforce demographic shifts, and a need for more strategic and evidence-based approaches.
The document discusses market segmentation and positioning strategies. It defines market segmentation as dividing a market into smaller segments based on common traits. Marketers identify segments that are manageable and evaluate which to target. Positioning involves distinguishing a product relative to competitors. Segmentation variables include geographic, demographic, psychographic and behavioral factors. Effective segmentation requires segments be measurable, accessible, substantial and allow for actionable marketing programs. Positioning matches company strengths to market opportunities to gain competitive advantage through differentiation.
Modern recruitment techniques aim to overcome problems with traditional methods. Key modern techniques include knowledge-based recruitment, online recruitment, scouting, networking, and event recruitment. Knowledge-based recruitment involves defining skill requirements over time and continuously monitoring and updating needs and candidates. Online recruitment uses websites and tools to advertise jobs and allow electronic applications. Modern recruitment casts a wide net to find potential candidates and uses innovative methods like social media, video, and mobile technologies.
Learning Organizations: Strategic ManagementTriune Global
A learning organization is the term given to a company that facilitates the learning of its members and continuously transforms itself. Learning organizations develop as a result of the pressures facing modern organizations and enables them to remain competitive in the business environment.
Sales & Distribution Management Module 2.pdfJayanti Pande
The document discusses developing and conducting a sales training program. It states that the first step is to identify the initial training needs by determining the specific knowledge and skills needed, assessing current capabilities, and identifying gaps. The aim of the training should also consider job specifications, trainees' backgrounds, and the company's marketing policies. Developing the program involves setting objectives, designing modules, selecting methods, and planning an evaluation. Key steps in conducting the program are preparing the training environment, starting the sessions, facilitating learning, and providing feedback.
A sales territory is a grouping of customers and prospects assigned to an individual salesperson. There are several reasons for establishing and revising sales territories, including providing proper market coverage, controlling selling expenses, assisting in evaluating sales force personnel, contributing to sales force morale, and aiding coordination of selling and advertising efforts. When designing sales territories, a basic geographical unit is selected and sales potential is determined for each unit. Units are then combined into tentative territories with approximately equal sales potential. Territories are adjusted based on differences in coverage difficulty to equate incremental sales per dollar of selling expenditures among territories. Assigning sales personnel considers differences in ability and effectiveness in different territories. Routing and scheduling aims to optimize coverage and minimize wasted time.
This document discusses training and development (T&D) in organizations. It defines T&D and explains how training needs are determined and objectives are established. Various T&D methods are identified, such as classroom programs, mentoring, coaching, role playing and simulations. The document also describes how T&D programs are implemented, evaluated, and how they help organizations compete. It defines orientation and its purposes. Finally, it discusses organizational development techniques like survey feedback, quality circles, team building and sensitivity training.
Strategic Mangement For Under Grad AnimatedUlhas Wadivkar
The document discusses strategic management, including definitions, levels of decisions, roles of strategists, and the strategic management process. It defines strategic management as determining goals and courses of action to achieve them. Strategic decisions are made at various levels from corporate to functional. Strategists include the board, CEO, managers, and consultants. The strategic management process involves defining vision and mission, analyzing the environment, setting objectives and strategies, implementing plans, and evaluating performance.
The document discusses principles of radical marketing based on case studies of companies like the NBA, Harvard Business School, and Boston Beer Co. It outlines 10 commandments of radical marketing, which include the CEO owning the marketing function, hiring passionate missionaries, maintaining a small marketing department, caution with market research, and rethinking the marketing mix. The case studies show how these companies broke traditional marketing rules to grow their brands in innovative ways like nurturing emotional connections with fans and maintaining control of their brand.
1. The document provides an overview of marketing concepts including the nature and scope of marketing, the marketing mix, and different promotional methods.
2. It defines marketing as the total system of business activities designed to plan, price, promote and distribute want-satisfying products to target markets to achieve organizational objectives.
3. The marketing mix is described as the set of controllable tactical variables (product, price, place, promotion) that an organization combines to produce the response it wants in a target market.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India
This document outlines various marketing strategies related to market scope, market entry, product, promotion, distribution, and pricing. It provides definitions and requirements for strategies such as single market strategy, first in strategy, product positioning strategy, promotion mix strategy, exclusive distribution strategy, and skimming pricing strategy. The document is intended to serve as a guide on developing an effective high impact marketing strategy.
This document discusses sales management and related concepts. It begins with definitions of sales as the completion of a commercial activity to sell products or services for money, while marketing involves promoting goods and services to create value for customers. The key difference between sales and marketing is that sales focuses on the needs of the seller while marketing focuses on the needs of the buyer.
The document then discusses the objectives, nature, functions, and goals of sales management. The main objectives are to generate sales volume, contribute to profits, and ensure growth. Functions include planning, organizing, directing, controlling, coordinating, recruiting salespeople, and advising other departments. Effective sales management requires structuring the sales organization, training and motivating the salesforce
The document provides information on the BCG matrix and GE nine cell matrix tools for analyzing business portfolios. The BCG matrix classifies products based on their market share and market growth rate into four categories: stars, question marks, cash cows, and dogs. It is used to identify how cash can be allocated to maximize future growth. The GE nine cell matrix also analyzes products based on industry attractiveness and business strength, sorting them into 9 cells for strategic planning purposes. Both tools aim to help companies evaluate their product portfolios and investing and divestment decisions.
Functional strategy is the approach functional areas take to achieve corporate objectives by maximizing resource productivity. Key elements include core competencies, distinctive competencies, and objectives like profitability, market share, innovation, and social responsibility. Functional strategies include marketing, research and development (R&D), human resource management (HRM), financial, and information management strategies. Marketing strategy focuses on pricing, selling, distributing products using market development and product development. R&D strategy focuses on product innovation and process improvement. HRM strategy focuses on managing culture, people, organization, and training. Financial strategy aligns financial management with business strategy, and information management strategy aligns information management.
Industrial marketing (or business-to-business marketing) is the marketing of goods and services by one business to another. Industrial goods are those an industry uses to produce an end product from one or more raw materials.
The document discusses four theories of selling: AIDAS, "right set of circumstances", buying formula, and behavioral equation. It provides details on each theory: AIDAS outlines five steps - attention, interest, desire, action, and satisfaction. The "right set of circumstances" theory emphasizes that everything must be right for a sale. The buying formula focuses on the steps of a customer's needs, solutions, purchase, and satisfaction. Finally, the behavioral equation incorporates drives, cues, response, and reinforcement into a mathematical model of customer behavior.
Business Markets and Business Buyer Behavior.pptDrMoizAkhtar
This document discusses business markets and business buyer behavior. It begins by defining business markets and how they differ from consumer markets. Business markets have fewer but larger customers that are more geographically concentrated. Demand in business markets is also derived, price inelastic, and fluctuates more than consumer demand. The document then identifies major factors that influence business buyer behavior like environmental, organizational, interpersonal, and individual factors. It lists and defines the eight stages in the business buying decision process. Finally, it compares institutional markets and government markets, noting that institutional markets often have low budgets and captive customers, while government markets require bids and favor lowest bidders and domestic suppliers.
This document discusses human resource management processes like forecasting manpower demand and supply. It covers recruitment, which can be internal or external. Internal recruitment provides familiarity but lacks new ideas, while external recruitment provides diversity but lacks reliability. The recruitment process includes job analysis to understand the job and specifications, and selecting candidates. Socialization helps new employees integrate by learning organizational culture and policies. Knowledge workers are defined as those who develop or use knowledge, such as analysts, developers, planners and programmers.
This document provides information about career opportunities in sales and marketing. It discusses why sales and marketing jobs exist, focusing on understanding customers, communicating with customers, creating brands, strategic decision making, and achieving business objectives. It also outlines positive and negative influences on the current job market. The document emphasizes the importance of getting a first job out of school and explores various areas and roles in marketing, including sales, marketing communications, digital marketing, branding, and market research. It also lists several industries and recommends preparing oneself for the changing nature of future marketing jobs.
This document provides an overview of international marketing management. It discusses the significance of global markets and the challenges of designing international marketing strategies. Key points covered include:
- Reasons for international trade include access to products, comparative advantage, and potential demand in foreign markets.
- Factors affecting international trade include technology, consumer preferences, trade barriers, and marketing capability.
- Structures for operating in foreign markets range from low involvement like exporting to high involvement like wholly owned subsidiaries.
- Designing the international marketing mix requires considering market research, product adaptation, pricing strategies, and promotional adaptations for different countries and cultures.
HRM involves planning, recruiting, selecting, training, developing, compensating, and maintaining the workforce. The key functions of HRM are acquisition, training, appraisal, compensation, labor relations, health and safety, fairness, motivation, and maintenance of employees. HRM helps achieve organizational goals through strategic workforce planning and developing high-performance work systems. Emerging trends shaping HRM include globalization, technological changes, workforce demographic shifts, and a need for more strategic and evidence-based approaches.
The document discusses market segmentation and positioning strategies. It defines market segmentation as dividing a market into smaller segments based on common traits. Marketers identify segments that are manageable and evaluate which to target. Positioning involves distinguishing a product relative to competitors. Segmentation variables include geographic, demographic, psychographic and behavioral factors. Effective segmentation requires segments be measurable, accessible, substantial and allow for actionable marketing programs. Positioning matches company strengths to market opportunities to gain competitive advantage through differentiation.
Modern recruitment techniques aim to overcome problems with traditional methods. Key modern techniques include knowledge-based recruitment, online recruitment, scouting, networking, and event recruitment. Knowledge-based recruitment involves defining skill requirements over time and continuously monitoring and updating needs and candidates. Online recruitment uses websites and tools to advertise jobs and allow electronic applications. Modern recruitment casts a wide net to find potential candidates and uses innovative methods like social media, video, and mobile technologies.
Learning Organizations: Strategic ManagementTriune Global
A learning organization is the term given to a company that facilitates the learning of its members and continuously transforms itself. Learning organizations develop as a result of the pressures facing modern organizations and enables them to remain competitive in the business environment.
Sales & Distribution Management Module 2.pdfJayanti Pande
The document discusses developing and conducting a sales training program. It states that the first step is to identify the initial training needs by determining the specific knowledge and skills needed, assessing current capabilities, and identifying gaps. The aim of the training should also consider job specifications, trainees' backgrounds, and the company's marketing policies. Developing the program involves setting objectives, designing modules, selecting methods, and planning an evaluation. Key steps in conducting the program are preparing the training environment, starting the sessions, facilitating learning, and providing feedback.
A sales territory is a grouping of customers and prospects assigned to an individual salesperson. There are several reasons for establishing and revising sales territories, including providing proper market coverage, controlling selling expenses, assisting in evaluating sales force personnel, contributing to sales force morale, and aiding coordination of selling and advertising efforts. When designing sales territories, a basic geographical unit is selected and sales potential is determined for each unit. Units are then combined into tentative territories with approximately equal sales potential. Territories are adjusted based on differences in coverage difficulty to equate incremental sales per dollar of selling expenditures among territories. Assigning sales personnel considers differences in ability and effectiveness in different territories. Routing and scheduling aims to optimize coverage and minimize wasted time.
This document discusses training and development (T&D) in organizations. It defines T&D and explains how training needs are determined and objectives are established. Various T&D methods are identified, such as classroom programs, mentoring, coaching, role playing and simulations. The document also describes how T&D programs are implemented, evaluated, and how they help organizations compete. It defines orientation and its purposes. Finally, it discusses organizational development techniques like survey feedback, quality circles, team building and sensitivity training.
Strategic Mangement For Under Grad AnimatedUlhas Wadivkar
The document discusses strategic management, including definitions, levels of decisions, roles of strategists, and the strategic management process. It defines strategic management as determining goals and courses of action to achieve them. Strategic decisions are made at various levels from corporate to functional. Strategists include the board, CEO, managers, and consultants. The strategic management process involves defining vision and mission, analyzing the environment, setting objectives and strategies, implementing plans, and evaluating performance.
The document discusses principles of radical marketing based on case studies of companies like the NBA, Harvard Business School, and Boston Beer Co. It outlines 10 commandments of radical marketing, which include the CEO owning the marketing function, hiring passionate missionaries, maintaining a small marketing department, caution with market research, and rethinking the marketing mix. The case studies show how these companies broke traditional marketing rules to grow their brands in innovative ways like nurturing emotional connections with fans and maintaining control of their brand.
1. The document provides an overview of marketing concepts including the nature and scope of marketing, the marketing mix, and different promotional methods.
2. It defines marketing as the total system of business activities designed to plan, price, promote and distribute want-satisfying products to target markets to achieve organizational objectives.
3. The marketing mix is described as the set of controllable tactical variables (product, price, place, promotion) that an organization combines to produce the response it wants in a target market.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India
This document outlines various marketing strategies related to market scope, market entry, product, promotion, distribution, and pricing. It provides definitions and requirements for strategies such as single market strategy, first in strategy, product positioning strategy, promotion mix strategy, exclusive distribution strategy, and skimming pricing strategy. The document is intended to serve as a guide on developing an effective high impact marketing strategy.
This document discusses sales management and related concepts. It begins with definitions of sales as the completion of a commercial activity to sell products or services for money, while marketing involves promoting goods and services to create value for customers. The key difference between sales and marketing is that sales focuses on the needs of the seller while marketing focuses on the needs of the buyer.
The document then discusses the objectives, nature, functions, and goals of sales management. The main objectives are to generate sales volume, contribute to profits, and ensure growth. Functions include planning, organizing, directing, controlling, coordinating, recruiting salespeople, and advising other departments. Effective sales management requires structuring the sales organization, training and motivating the salesforce
The document provides information on the BCG matrix and GE nine cell matrix tools for analyzing business portfolios. The BCG matrix classifies products based on their market share and market growth rate into four categories: stars, question marks, cash cows, and dogs. It is used to identify how cash can be allocated to maximize future growth. The GE nine cell matrix also analyzes products based on industry attractiveness and business strength, sorting them into 9 cells for strategic planning purposes. Both tools aim to help companies evaluate their product portfolios and investing and divestment decisions.
Functional strategy is the approach functional areas take to achieve corporate objectives by maximizing resource productivity. Key elements include core competencies, distinctive competencies, and objectives like profitability, market share, innovation, and social responsibility. Functional strategies include marketing, research and development (R&D), human resource management (HRM), financial, and information management strategies. Marketing strategy focuses on pricing, selling, distributing products using market development and product development. R&D strategy focuses on product innovation and process improvement. HRM strategy focuses on managing culture, people, organization, and training. Financial strategy aligns financial management with business strategy, and information management strategy aligns information management.
Industrial marketing (or business-to-business marketing) is the marketing of goods and services by one business to another. Industrial goods are those an industry uses to produce an end product from one or more raw materials.
The document discusses four theories of selling: AIDAS, "right set of circumstances", buying formula, and behavioral equation. It provides details on each theory: AIDAS outlines five steps - attention, interest, desire, action, and satisfaction. The "right set of circumstances" theory emphasizes that everything must be right for a sale. The buying formula focuses on the steps of a customer's needs, solutions, purchase, and satisfaction. Finally, the behavioral equation incorporates drives, cues, response, and reinforcement into a mathematical model of customer behavior.
Business Markets and Business Buyer Behavior.pptDrMoizAkhtar
This document discusses business markets and business buyer behavior. It begins by defining business markets and how they differ from consumer markets. Business markets have fewer but larger customers that are more geographically concentrated. Demand in business markets is also derived, price inelastic, and fluctuates more than consumer demand. The document then identifies major factors that influence business buyer behavior like environmental, organizational, interpersonal, and individual factors. It lists and defines the eight stages in the business buying decision process. Finally, it compares institutional markets and government markets, noting that institutional markets often have low budgets and captive customers, while government markets require bids and favor lowest bidders and domestic suppliers.
This document discusses human resource management processes like forecasting manpower demand and supply. It covers recruitment, which can be internal or external. Internal recruitment provides familiarity but lacks new ideas, while external recruitment provides diversity but lacks reliability. The recruitment process includes job analysis to understand the job and specifications, and selecting candidates. Socialization helps new employees integrate by learning organizational culture and policies. Knowledge workers are defined as those who develop or use knowledge, such as analysts, developers, planners and programmers.
This document provides information about career opportunities in sales and marketing. It discusses why sales and marketing jobs exist, focusing on understanding customers, communicating with customers, creating brands, strategic decision making, and achieving business objectives. It also outlines positive and negative influences on the current job market. The document emphasizes the importance of getting a first job out of school and explores various areas and roles in marketing, including sales, marketing communications, digital marketing, branding, and market research. It also lists several industries and recommends preparing oneself for the changing nature of future marketing jobs.
This document provides an overview of international marketing management. It discusses the significance of global markets and the challenges of designing international marketing strategies. Key points covered include:
- Reasons for international trade include access to products, comparative advantage, and potential demand in foreign markets.
- Factors affecting international trade include technology, consumer preferences, trade barriers, and marketing capability.
- Structures for operating in foreign markets range from low involvement like exporting to high involvement like wholly owned subsidiaries.
- Designing the international marketing mix requires considering market research, product adaptation, pricing strategies, and promotional adaptations for different countries and cultures.
The marketing plan involves participation of CDEP participants to promote the use of community resources. It highlights IndiTech's core competencies in IT knowledge, management and operations, and an existing client base. The plan targets Indigenous organizations and SMEs in North Queensland, and focuses on products like web hosting, design, and e-commerce development. Key strategies include positioning IndiTech as a reputable provider and implementing advertising, public relations, and pricing campaigns from April 2004 through December 2004.
“A Recipe for Success: Today’s Integrated Marketing Strategy.”tspellman
MIOD’S CEO, Tricia Spellman, spoke at the Association Forum on what today’s right marketing mix and channels are for optimal profitability and success. Attendees Earned CAE Credit.
A Recipe for Success: Today’s Integrated Marketing Strategy.tspellman
MIOD’S CEO, Tricia Spellman, spoke at the Association Forum on what today’s right marketing mix and channels are for optimal profitability and success. Attendees Earned CAE Credit.
The document outlines a marketing planning framework including conducting a situation analysis, setting objectives, developing strategies using competitive advantages, and following up with coordination. It discusses analyzing the existing business, market trends, marketing environment, and capabilities. Key aspects of the analysis include existing business, market trends, environmental forecasting, SWOT analysis, customer expectations, competitive analysis, and determining marketing objectives and the overall marketing plan.
Anderson analytics meng_2010_trend_report_finalAmita Paul
The document summarizes key findings from a survey of over 500 senior marketing executives on trends in the industry. Some of the main findings include:
1) Executives are more optimistic about business opportunities in 2010 compared to 2009 and plan to increase marketing budgets and innovation spending.
2) "Marketing ROI" is seen as the most important concept, surpassing customer satisfaction, while social media broke into the top 10 concepts for the first time.
3) Executives are most tired of hearing about "social media" and "Twitter" as buzzwords, showing frustration with these areas specifically.
4) Baby boomers remain the most important demographic group, and books like Good to Great and Blue Ocean
The document provides an overview of a week-long marketing strategy and market research program. It discusses various topics that will be covered each day such as marketing environment, marketing strategy, business plans, market research, marketing mix, and marketing management. For one of the days, it provides a detailed agenda that will focus on market research, including defining problems, developing a research plan, implementing research, analyzing data, and reporting findings.
This document provides an overview of Bob Binns' experience and qualifications. It summarizes that he has extensive leadership experience as a CEO, president, and vice president of both private and public enterprises. It also lists his sector experience in information technology, software, outsourcing services, finance, telecom, and healthcare. Additionally, it provides a high-level summary of his educational background and personal information.
The document provides a summary and experience of Hope Cunningham, an advertising and marketing professional. It outlines her skills and experience in areas such as budget development, new business development, creative team leadership, web and print content development, traditional and digital media management, lead generation, sales, and marketing strategies. It details her professional experience leading marketing and advertising teams for various education and career organizations, where she increased lead volumes, reduced costs, and drove growth. Her experience spans over 20 years working in both agency and in-house roles across various industries including education, travel, automotive, and retail.
2006. Nicos M. Timotheou. An Overview of Key Success Factors in Entering a Fo...Forum Velden
The document discusses key success factors for entering foreign markets. It identifies challenges incumbents face from technological changes, regulation, and customers. Options for incumbents include organic growth, acquisitions, and integrating divisions. Entering new markets requires identifying opportunities, assessing required resources and strategy, and creating competitive advantages. Developing markets offer opportunities but also challenges around regulations and infrastructure. Macro factors like politics, economics, technology and society must be considered. Acquisitions can gain competitiveness but require post-integration to realize synergies. Key factors for success in Hungary include its market size, penetration rates, prices, regulatory environment, local management and incentives.
The document discusses the All-island Seedcorn Business Competition 2009. It provides information on previous winners, eligibility criteria, categories, prize money, and the process for entering the competition. Key dates are outlined, including the deadline to submit business plans, regional final dates, and the overall final. Common mistakes to avoid in business plans are also highlighted, such as being too long, using outdated examples, or lacking realism in the financial projections.
The document summarizes a presentation about a USAID program to promote digitization and export market access for small and medium enterprises (SMEs) in Pakistan's ICT sector. The program will provide various services including capability development, market access support, and access to finance. It outlines initial progress made on various workstreams focusing on inside sales, influencer marketing, market compliance, emerging technologies, and distribution channels. The goal is to help ICT SMEs increase jobs, revenues, and exports by addressing challenges and capitalizing on emerging opportunities. Performance will be measured based on jobs, sales increases, exports, and other indicators.
Samsung has grown from a small export business to one of the world's leading electronics companies. The document provides a history of Samsung and an overview of its business, including its vision, mission statements, and SWOT analysis. It also analyzes Samsung's position in the smartphone market and provides recommendations for its strategy going forward, such as developing its own software platform and targeting emerging low-cost smartphone markets.
The document provides an overview of key marketing concepts including:
1) Marketing involves facilitating exchanges between parties where each party has something of value to the other. It can involve the marketing of goods, services, and other offerings.
2) Marketing takes place within environments including micro and macro factors that impact organizations.
3) The marketing mix, also known as the 4Ps, involves decisions around product, price, place, and promotion.
Everything you need to know about marketing segmentation, from the marketing experts at Adashmore Creative. This presentation helps you figure out where to start, factors to consider, best practices, and how to use segments to your advantage.
This document discusses key concepts in marketing including markets, needs and wants, the marketing mix, target markets, positioning, segmenting customers, and marketing management philosophies. It also addresses challenges in business today like liberalization, technology advances, and globalization. International marketing is defined and the differences between domestic, international, and global marketing are outlined.
The document summarizes key findings from a marketing trends report surveying over 600 senior marketing executives. It finds that while half expect decreased budgets, most see stable or increased research and innovation spending. Customer satisfaction and retention remain top concepts, along with ROI, loyalty, and data mining. Credit availability, housing, and alternative energy grew in importance due to economic conditions. Executives are tired of hearing about Web 2.0 and social media buzzwords.
Business marketing involves facilitating the sale of products and services to other businesses that will resell, use as components, or support their operations. It includes sales to commercial enterprises, government customers, and institutional customers. Demand is often derived from or joint with the demand for other goods. Business customers evaluate factors like quality, cost reduction, and supply chain management orientation when making purchasing decisions. Business marketing differs from consumer marketing in areas like fewer but more involved buyers, emphasis on performance and relationships over needs, and use of personal selling over advertising.
Similar to Career Options in Sales & Marketing after MBA (20)
Strategic Thinking and Strategic Thinking led Management are critical for long term growth and sustainability for an individual as well as an organization. This deck introduces the concept and its element in a crisp and concise manner and it is from a recent webinar i conducted on Strategic Thinking,
Kapferer's Brand Identity Prism for LIC and Fair & LovleyDr. Tapish Panwar
Kapferer's Brand Identity Prism is a model that examines a brand from both the sender's and receiver's perspectives. It considers the brand identity projected by the brand itself versus the brand image perceived by customers. The prism has six facets: Physique, Personality, Culture, Relationship, Reflection, and Self-Image. Physique and Personality make up the brand identity, while Culture and Relationship link identity to image. Reflection and Self-Image comprise brand image. The document applies this framework to analyze the identities of LIC and Fair & Lovely brands. It also discusses how the model can be used to identify gaps and improve a brand's positioning and communication effectiveness.
Blockchain is the new buzzword. I have tried to simply it for you. I have tied to break the concept down to a simplistic level and then tried to use the understanding to imagine its application in the field of Marketing.
Starbucks is known for its progressive and liberal thinking and its association with various causes. However, its "RaceTogether" campaign had to face people's ire.This presentation is an attempt to explain the the issue.
This document discusses segmentation, targeting, and positioning as marketing strategies. It defines segmentation as dividing a market into homogeneous groups. Targeting involves selecting the most profitable market segments. Positioning designs a company's offering and communications to occupy a distinctive position in customers' minds. The document provides examples of how to segment based on demographics, psychographics, and behaviors. It also discusses factors to consider when targeting segments, such as growth potential, size, and costs. Positioning strategies like points of difference, points of parity, and perceptual mapping are also outlined.
This document discusses customer experience (CX) and how it differs from customer service (CS). It provides examples of key aspects of CX including buying channels, communication, product usage, and price perception. CX aims to improve the customer experience at all touchpoints, while CS focuses on the post-purchase process. To build a distinct CX, the document recommends creating an organization-wide CX definition, training employees, setting CX targets, establishing a dedicated CX team, and communicating the CX culture to customers. Distinct CX can provide commercial benefits like increased customer loyalty, brand advocacy, revenue growth, and market share expansion.
The document discusses global container shipping, challenges, and marketing opportunities. It provides information on the history and evolution of container shipping. Key points covered include the types of container ships, major trade routes and ports, the role of container shipping in supply chain management, and the leading global freight forwarders. Challenges facing the shipping industry such as changing customer needs, capacity utilization issues, and talent retention are examined. The document concludes with suggestions for marketing opportunities in areas like sustainability, end-to-end services, customer-centric solutions, and innovative operations.
What is customer experience and why is it a much talked about subject these days? How should customer experience be measured and what are some of the best customer experience examples over the world?
The Indian e-commerce sector has seen significant investment and growth in recent years, raising questions around whether it represents a boom or bubble. While companies like Flipkart and Snapdeal have raised billions in funding and seen high valuations, they also reported significant losses in 2014. There are positive factors like India's young population and rising incomes, but also challenges around infrastructure, regulations, and the need to eventually become profitable. Overall the document cautions against overly exuberant comparisons to China's e-commerce growth, arguing India's market and users are still nascent compared to China, and profitability and a sustainable growth plan will be important for the long-term success of the sector.
Marketing failures tells us how even the most brilliant marketers commit mistakes which can turn into major failures for brands. The first deck on marketing failures describes what is sometimes known as the "Biggest Marketing Blunder of All Times". Hard to believe that it comes from one of the best marketers of current time, Coca-Cola. How the introduction of New Coke after abandoning its century-old beverage backfired and what led to that decision are some of the points dicussed.
This is concise comparative analysis of health food drinks in India. The deck contains briefs on health food and Health food drinks followed by analysis of major HFD Brands in India and their marketing approaches. The deck concludes with challenges, opportunities and key success factors in the Indian Health Food drinks Industry.
The document discusses setting up a cement manufacturing unit in India. It provides an overview of the cement industry and outlines the process for incorporating a cement company, including registering with the Registrar of Companies and obtaining necessary approvals. It also discusses India's industrial policies relating to licensing, locations, and incentives for special economic zones. Relevant labor laws and legal challenges are also mentioned.
Continuous replenishment and vendor managed inventoryDr. Tapish Panwar
This document discusses the implementation of a vendor managed inventory (VMI) system between a global energy management specialist company and its distributors. Key benefits included decreased stockouts and inventory levels for distributors through improved forecasting, as well as workload and cost reductions. The VMI system provided visibility into sales data to help manufacturers plan production more efficiently. The implementation led to stronger partnerships between companies in the supply chain.
The document discusses India's growth story before and after economic liberalization in 1991. It describes how India moved from a closed socialist-inspired economy with high import duties and public sector dominance to a more open, privatized and globalized economy after 1991. This economic reform led to significantly higher GDP growth rates, especially in industry and agriculture. However, it also led to rising inequality within India and concerns about whether the benefits of growth are being shared widely enough. The document examines debates around whether globalization and financial liberalization increase or decrease inequality and the various factors that influence this relationship. It emphasizes the need for inclusive growth that broadly distributes the benefits of economic progress.
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
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Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
2. WHY DO SALES AND MARKETING
JOBS EXIST?
Understanding Consumers, Consumer Behaviour
& Markets
Communicating with Customer
Creating and Empowering Brands
Strategic decision-making of market expansion
Managing Channel Members
Achieving top-line and bottom-line objectives
for the
3. POSITIVE INFLUENCERS FOR THE
CURRENT JOB MARKET
Healthy GDP growth rate and rising disposable
incomes
Reforms like GST and Bankruptcy law
Higher Government spending
Rising Foreign investments in the country
Further relaxation of FDI rules attracting foreign
investment
Slower economic growth in major countries
4. NEGATIVE INFLUENCERS FOR THE
CURRENT JOB MARKET
Widespread Automation in Industries
Anti-globalization wave in US and Europe
Uncertain global economic environment
Stagnant private investment in the country &
access capacity
Lack of Innovation in design and development in
the country
Consistent poor research spending in the
5. WHY IS IT IMPORTANT TO BROOD
NOW?
Intense competition in the job market
A few high preference areas attract many students
The first job sets the tone for your long term
career
The first job allows you to make mistakes and
learn
With the democratization of information and data
everyone has access to content, information and
knowledge
7. MARKETING AREAS AND ROLES
Marketing Communications (Marcom)
Marcom Manager
Marcom Manager (With Medium specification – Online, BTL,
ATL)
Advertising
Media Planning
Media Buying
Account Executive/Manager
Creative
PR/Media Relations
8. MARKETING AREAS AND ROLES
Digital Marketing
Digital Marketing Manager (A holistic profile covering all
areas of digital
marketing like Social Media, Email, Content and SEO/SEM)
Social Media Marketing
SEO/SEM
Lead generation/Inbound Marketing
Channel Marketing
Channel Management
Vendor Management
9. MARKETING AREAS AND ROLES
e-Commerce/Internet Start-ups
Category/Catalog Management
Product Management (Techno-Functional) and Program
Management
Seller Acquisition and Support (Onboarding, managing,
expanding)
Growth Hacking
Customer Service
Customer Service/ Delight
Customer Engagement
10. MARKETING AREAS AND ROLES
Branding
Brand Manager
Brand Strategy
Brand Consultant (External to the Brand owner)
Research
Market Research/ Business Research
Data Analytics/ Insight Generation
Market Intelligence
11. SECTORS AND INDUSTRIES
Auto
Components
Bosch, Motherson Sumi, SKF
Automobiles Maruti, Hyundai, Tata, M&M
BFSI HDFC, Axis, Bajaj Allianz, AXA
Consumer
Durables
Whirlpool, Philips, LG
E-Commerce Amazon, Flipkart
FMCG HUL, P&G, ITC, Marico, Dabur
12. SECTORS AND INDUSTRIES
IT/ITes Cognizant, HCL, Tech
Mahindra
Media &
Entertainment
O&M, Rediffusion, DDB Mudra,
Colors, Sony, Star, Lodestar
Oil & Gas Shell, Reliance, HPCL, BPCL
Pharma Ranbaxy, Sun Pharma, Biocon
Real Estate DLF, Lodha, Unitech, Ansal,
Jaypee
13. MARKETING JOBS OF FUTURE
Chief Experience Officer
Head-Humanoid Service
AR Marketing Manager
Purchase Prediction Analyst
Multi-Marketer
Marketing eMediamaker