This document discusses social marketing. It provides three definitions of social marketing from different sources that emphasize applying marketing principles and techniques to influence voluntary behavior change in a target audience to benefit society. Social marketing focuses on getting a target market to accept, reject, modify, or abandon a behavior. It uses marketing research, segmentation, objectives, positioning, and the marketing mix of product, price, place, and promotion. The primary beneficiary of social marketing is society rather than financial gain. Factors like technology, science, policies, infrastructure, and corporate practices can also influence social issues.
This document discusses social marketing and outlines its key principles. Social marketing aims to create social change by applying commercial marketing techniques to promote ideas and behaviors that benefit individuals and communities. It is a systematic process involving situational analysis, planning, implementation and evaluation of programs designed to influence voluntary behavior change in target audiences. The goals are to improve personal and public welfare by addressing issues like health, safety and the environment. Social marketing is consumer-oriented and based on the idea that audiences will adopt promoted behaviors if they perceive a benefit from doing so.
Social marketing is defined as using marketing principles and techniques to influence voluntary behavior change for social good. It involves understanding target audiences, developing socially beneficial products and messages, and disseminating these through appropriate distribution channels. The document outlines the evolution of social marketing from commercial marketing, its objectives and principles, applications, and differences from commercial marketing. Recent developments highlighted include its use in health promotion, injury prevention, and community mobilization through approaches like social franchising and tailored messaging to segmented populations.
Market segmentation is the process of dividing a broad market into subgroups based on characteristics like demographics, interests, behaviors, or other attributes. This allows companies to better understand customer needs and target specific segments. Key benefits include stronger messaging, identifying effective tactics, differentiating brands, and increasing ROI. Common bases for segmentation include demographics, psychographics, behaviors, and geography.
04 marketing segmentation,targeting and positioningThejus Jayadev
The document discusses market segmentation, targeting, and positioning (STP). It defines segmentation as classifying customers into groups, targeting as selecting segments to enter, and positioning as arranging a product to occupy a clear place in customers' minds relative to competitors. The key steps are: 1) identifying segmentation bases; 2) developing segment profiles and selection criteria; 3) choosing target segments; 4) developing a position for each; and 5) creating a marketing mix for each. Effective segmentation requires segments be measurable, accessible, substantial, and differentially responsive to marketing activities. The document also discusses evaluating and choosing target segments and strategies for coverage, as well as developing competitive advantages and supporting a positioning strategy with a unique marketing mix.
DIFFERENCE BETWEEN PERSONAL SELLING, SALESMANSHIP AND SALES MANAGEMENTDr. Toran Lal Verma
Personal selling involves direct interaction between a salesperson and buyer to understand the buyer's needs and serve them accordingly. It is a component of promotional mix. Salesmanship is an art of successfully persuading customers to buy through understanding their needs and offering benefits. Personal selling includes salesmanship. Sales management oversees all sales-related activities like marketing, advertising, pricing. It tracks targets and actual sales. The sales manager is responsible for strategies, managing the salesforce, and organizing personal selling efforts.
This document discusses social marketing. It provides three definitions of social marketing from different sources that emphasize applying marketing principles and techniques to influence voluntary behavior change in a target audience to benefit society. Social marketing focuses on getting a target market to accept, reject, modify, or abandon a behavior. It uses marketing research, segmentation, objectives, positioning, and the marketing mix of product, price, place, and promotion. The primary beneficiary of social marketing is society rather than financial gain. Factors like technology, science, policies, infrastructure, and corporate practices can also influence social issues.
This document discusses social marketing and outlines its key principles. Social marketing aims to create social change by applying commercial marketing techniques to promote ideas and behaviors that benefit individuals and communities. It is a systematic process involving situational analysis, planning, implementation and evaluation of programs designed to influence voluntary behavior change in target audiences. The goals are to improve personal and public welfare by addressing issues like health, safety and the environment. Social marketing is consumer-oriented and based on the idea that audiences will adopt promoted behaviors if they perceive a benefit from doing so.
Social marketing is defined as using marketing principles and techniques to influence voluntary behavior change for social good. It involves understanding target audiences, developing socially beneficial products and messages, and disseminating these through appropriate distribution channels. The document outlines the evolution of social marketing from commercial marketing, its objectives and principles, applications, and differences from commercial marketing. Recent developments highlighted include its use in health promotion, injury prevention, and community mobilization through approaches like social franchising and tailored messaging to segmented populations.
Market segmentation is the process of dividing a broad market into subgroups based on characteristics like demographics, interests, behaviors, or other attributes. This allows companies to better understand customer needs and target specific segments. Key benefits include stronger messaging, identifying effective tactics, differentiating brands, and increasing ROI. Common bases for segmentation include demographics, psychographics, behaviors, and geography.
04 marketing segmentation,targeting and positioningThejus Jayadev
The document discusses market segmentation, targeting, and positioning (STP). It defines segmentation as classifying customers into groups, targeting as selecting segments to enter, and positioning as arranging a product to occupy a clear place in customers' minds relative to competitors. The key steps are: 1) identifying segmentation bases; 2) developing segment profiles and selection criteria; 3) choosing target segments; 4) developing a position for each; and 5) creating a marketing mix for each. Effective segmentation requires segments be measurable, accessible, substantial, and differentially responsive to marketing activities. The document also discusses evaluating and choosing target segments and strategies for coverage, as well as developing competitive advantages and supporting a positioning strategy with a unique marketing mix.
DIFFERENCE BETWEEN PERSONAL SELLING, SALESMANSHIP AND SALES MANAGEMENTDr. Toran Lal Verma
Personal selling involves direct interaction between a salesperson and buyer to understand the buyer's needs and serve them accordingly. It is a component of promotional mix. Salesmanship is an art of successfully persuading customers to buy through understanding their needs and offering benefits. Personal selling includes salesmanship. Sales management oversees all sales-related activities like marketing, advertising, pricing. It tracks targets and actual sales. The sales manager is responsible for strategies, managing the salesforce, and organizing personal selling efforts.
The document defines promotion mix as the specific blend of promotion tools a company uses to communicate customer value and build relationships. It identifies the main elements of promotion as advertising, personal selling, sales promotion, exhibitions, sponsorship, and public relations. Each element is then briefly described, with advertising defined as paid communication to create awareness and gain response, personal selling as managing personal customer relationships, and sales promotions as tactics to incentivize purchase like BOGO offers or money-off deals.
The Role of IMC in the Marketing ProcessIndrajit Bage
The document discusses the role of integrated marketing communications (IMC) in the marketing process. It covers the key stages of target marketing including market segmentation, selecting target markets, and market positioning. It also outlines the marketing planning process, covering decisions around products, prices, distribution channels, and promotional strategies. The overall role of IMC is to develop an integrated approach across these marketing mix elements to effectively reach target audiences.
Unit 5 emerging trends and issues in marketingprachimba
This document discusses several emerging trends and issues in marketing, including consumerism, rural marketing, social marketing, direct marketing, and green marketing. Consumerism aims to protect consumer interests and eliminate unfair practices. Rural marketing develops goods and services for rural customers. Social marketing creates social change rather than benefiting brands. Direct marketing seeks a specific consumer action in response to communications. Green marketing involves environmentally safe products.
Customer's expectation & perception of customersRajThakuri
Customers have both expectations and perceptions of the level of service they will receive. Their expectations are influenced by personal needs, past experiences, and promises made by the service provider. Perceptions are formed through service encounters and compared to expectations. If perceptions meet or exceed expectations, the customer will be satisfied. Key aspects of service quality that influence perceptions are reliability, responsiveness, assurance, empathy, and tangibles. Higher customer value relative to costs also leads to greater satisfaction. Satisfied customers are more loyal and help the business grow through positive word-of-mouth.
This document provides an overview of social marketing. It begins with defining social marketing and its objectives. Social marketing aims to influence the acceptability of social ideas and behaviors by applying commercial marketing principles. It discusses the 4Ps framework of social marketing - product, price, place and promotion. Several theories used in social marketing are explained, including the transtheoretical model, health belief model, theory of planned behavior, social cognitive theory and social norms theory. The document outlines the steps involved in social marketing from identifying the problem and target audience to designing messages, implementation and evaluation. It also compares commercial versus social marketing and discusses how commercial marketing principles are applied in social marketing.
The document discusses the AIDA model of communication. It describes the four stages of the AIDA model: Attention, Interest, Desire, and Action. At each stage, the goal is to move the consumer further along in their purchasing decision. First, advertisements need to grab Attention using things like visuals, text, celebrities. Then they build Interest by highlighting benefits and advantages. Desire is created by convincing consumers they want the product and it will satisfy their needs. Finally, the advertisement should lead to Action, such as calling a phone number or visiting a website to make a purchase. The document provides examples of how the film industry and Reliance mobile campaigns apply the AIDA model.
The document discusses the process of segmentation, targeting, and positioning (STP) in marketing. It defines market segmentation as dividing a large market into smaller subgroups with similar needs and characteristics. The key steps are:
1. Segmentation - Dividing the market into homogeneous subgroups.
2. Targeting - Developing specific marketing strategies targeted at each segment.
3. Positioning - Creating a brand image and perception within the minds of consumers in the targeted segments.
The goal of STP is to design tailored marketing mixes that precisely meet the needs of customers in targeted market segments.
Segmentation, targeting, positioning and differentiation of servicesPROF.JITENDRA PATEL
This Presentation discusses critical issue of marketing which are segmentation, Targeting, Positioning and Differentiation of Services. The topic include
Marketing Segmentation Definition
1.1 Need for Segmentation
1.2 Quality of Good Segmentation
1.3 Basis of Segmentation
1.4 Service Attributes and Levels
1.5 Developing Right Service Concept for a Specific Segment
1.6 Important vs. Determinant Attributes
1.7 Establishing Service Levels
2. Target market strategies
3. Positioning and its example
3.1Elements of Positioning
3.2 Types of Positioning
3.3 Developing an Effective Positioning Strategy
3.4Using Positioning Maps to Analyze Competitive Strategy
4. Differentiation of Service
4.1 The 5 Market Differentiation Strategies
The document provides an overview of services marketing concepts including:
1) It defines services and identifies key differences between goods and services such as intangibility, perishability, and simultaneous production and consumption.
2) It introduces the services marketing triangle and expanded 7Ps marketing mix framework for services.
3) It discusses models for understanding service quality like the gaps model and challenges in consumer behavior related to services like higher perceived risk and difficulty evaluating service alternatives.
A brand is primarily an idea or image that customers instantly identify with a product or service. Branding elements like logos, slogans, and color schemes allow companies to build a unique reputation beyond just their products and services to generate more revenue. However, focusing too much on short-term financial gains can neglect building the brand as an asset. Effective branding requires excellent brand concepts and execution, as well as sensible budgeting for both branding and marketing efforts. Building opportunities for branding include defining customer personas, having a strong online and social media presence, blogging to share valuable information, and prioritizing great customer service which can boost word-of-mouth recognition of the brand.
Advertising Media Plan Presentation: GW + NikeGabbi Baker
The GW Athletics and Nike media plan aims to promote products from their partnership, raise brand recognition for GW Athletics, and increase school spirit. Tactics include ads in the GW Hatchet newspaper and digital/social media. Promotions involve giveaways at basketball games and partnerships with campus facilities. The low-cost plan runs January through December and is evaluated for effectiveness in meeting objectives and reaching the target GW student market. An integrated marketing approach across the university ensures a consistent brand message.
The document summarizes several models of marketing communication:
1) The AIDA model focuses on gaining a customer's attention, interest, desire, and action.
2) The Heightened Appreciation model builds interest by demonstrating advantages over features.
3) The Advertising Exposure model measures how often a target audience is exposed to an ad.
4) The DAGMAR model proposes advertising moves customers from unawareness to awareness, comprehension, conviction, and finally action.
5) The Levidge and Steiner model measures the effectiveness of marketing communication strategies.
The document discusses various aspects of services marketing. It begins by defining key terms like marketing, services, and customer expectations. It then covers characteristics of services like intangibility, heterogeneity, inseparability, and perishability. The challenges of services marketing are discussed along with potential solutions. Key frameworks for understanding customer expectations and service quality are introduced, including the SERVQUAL model. Strategic issues like market segmentation, targeting, positioning, and differentiation strategies are also summarized.
The document discusses various tools used in promotion mix, including advertising, sales promotion, personal selling, and publicity. Advertising uses mass media to reach customers, while sales promotion uses short-term incentives to encourage immediate purchases. Personal selling involves direct oral communication between sellers and potential buyers. Publicity uses unpaid, non-personal media coverage to promote products and services. The most effective promotion tools depend on the specific product or service.
Meaning and nature of buyer behavior, differences between consumer buying and organizational buying in terms of characteristics and process, Strategic use of consumer behavior knowledge in marketing and public policy decisions. Modern Consumerism and the global consumer movement
Personal influence on consumer behaviorsobiairshadd
Consumer buying behavior is influenced by personal factors such as age, income, personality, and lifestyle. As people age, their tastes and choices change. Income impacts purchasing power and affordability. Consumers often choose brands that match their personality and prefer lifestyles that align with how they spend time and money.
This document discusses market segmentation, targeting, and positioning. It explains what constitutes a market and different approaches to marketing such as mass marketing, product variety marketing, and target marketing. The key bases for segmenting markets are discussed, including demographic, geographic, psychographic, and behavioral criteria. Effective segmentation requires segments to be measurable, accessible, substantial, and actionable. The document outlines steps in the segmentation, targeting, and positioning process and provides examples to illustrate various concepts.
Social marketing is a marketing technique used by organizations to spread social ideas and messages to improve public well-being. It was first coined in the 1950s and involves using traditional marketing principles like the 4 P's (product, price, place, promotion) to influence behavior. Some examples include government campaigns to promote polio vaccination, consumer awareness campaigns, and corporate programs to promote health and hygiene. The social marketing process involves defining the problem, identifying potential solutions, targeting audiences, developing strategies using the 4 P's, implementing programs, and evaluating results.
This document outlines the phases and steps involved in planning and implementing a social marketing campaign. It discusses 5 phases: 1) describing the problem, 2) conducting market research, 3) creating a marketing strategy, 4) planning the intervention, and 5) planning monitoring and evaluation. It also details the steps within each phase, including identifying the health problem and target audience, setting objectives and goals, developing a marketing mix, designing and testing messages, creating an implementation plan, and evaluating effectiveness. The overall goal is to use marketing principles to promote behavior change for social good.
Expectation Management for would-be brides Monika Kaushik
This document provides an overview of expectation management for future brides. It defines expectation management as a formal process to continuously capture, document, and maintain expectations of all parties involved in an interaction to make the interaction successful. It then discusses why expectation management can be challenging, such as when expectations are unclear or constantly changing. The benefits of managing expectations include increased trust, happiness, communication, and relationship clarity. Expectations can also be a double-edged sword by driving both success and the actions of others. The document outlines the three components of managing expectations: setting expectations, monitoring expectations, and influencing expectations. It provides tips for each component and concludes with a cross-check of measures of success.
The document defines promotion mix as the specific blend of promotion tools a company uses to communicate customer value and build relationships. It identifies the main elements of promotion as advertising, personal selling, sales promotion, exhibitions, sponsorship, and public relations. Each element is then briefly described, with advertising defined as paid communication to create awareness and gain response, personal selling as managing personal customer relationships, and sales promotions as tactics to incentivize purchase like BOGO offers or money-off deals.
The Role of IMC in the Marketing ProcessIndrajit Bage
The document discusses the role of integrated marketing communications (IMC) in the marketing process. It covers the key stages of target marketing including market segmentation, selecting target markets, and market positioning. It also outlines the marketing planning process, covering decisions around products, prices, distribution channels, and promotional strategies. The overall role of IMC is to develop an integrated approach across these marketing mix elements to effectively reach target audiences.
Unit 5 emerging trends and issues in marketingprachimba
This document discusses several emerging trends and issues in marketing, including consumerism, rural marketing, social marketing, direct marketing, and green marketing. Consumerism aims to protect consumer interests and eliminate unfair practices. Rural marketing develops goods and services for rural customers. Social marketing creates social change rather than benefiting brands. Direct marketing seeks a specific consumer action in response to communications. Green marketing involves environmentally safe products.
Customer's expectation & perception of customersRajThakuri
Customers have both expectations and perceptions of the level of service they will receive. Their expectations are influenced by personal needs, past experiences, and promises made by the service provider. Perceptions are formed through service encounters and compared to expectations. If perceptions meet or exceed expectations, the customer will be satisfied. Key aspects of service quality that influence perceptions are reliability, responsiveness, assurance, empathy, and tangibles. Higher customer value relative to costs also leads to greater satisfaction. Satisfied customers are more loyal and help the business grow through positive word-of-mouth.
This document provides an overview of social marketing. It begins with defining social marketing and its objectives. Social marketing aims to influence the acceptability of social ideas and behaviors by applying commercial marketing principles. It discusses the 4Ps framework of social marketing - product, price, place and promotion. Several theories used in social marketing are explained, including the transtheoretical model, health belief model, theory of planned behavior, social cognitive theory and social norms theory. The document outlines the steps involved in social marketing from identifying the problem and target audience to designing messages, implementation and evaluation. It also compares commercial versus social marketing and discusses how commercial marketing principles are applied in social marketing.
The document discusses the AIDA model of communication. It describes the four stages of the AIDA model: Attention, Interest, Desire, and Action. At each stage, the goal is to move the consumer further along in their purchasing decision. First, advertisements need to grab Attention using things like visuals, text, celebrities. Then they build Interest by highlighting benefits and advantages. Desire is created by convincing consumers they want the product and it will satisfy their needs. Finally, the advertisement should lead to Action, such as calling a phone number or visiting a website to make a purchase. The document provides examples of how the film industry and Reliance mobile campaigns apply the AIDA model.
The document discusses the process of segmentation, targeting, and positioning (STP) in marketing. It defines market segmentation as dividing a large market into smaller subgroups with similar needs and characteristics. The key steps are:
1. Segmentation - Dividing the market into homogeneous subgroups.
2. Targeting - Developing specific marketing strategies targeted at each segment.
3. Positioning - Creating a brand image and perception within the minds of consumers in the targeted segments.
The goal of STP is to design tailored marketing mixes that precisely meet the needs of customers in targeted market segments.
Segmentation, targeting, positioning and differentiation of servicesPROF.JITENDRA PATEL
This Presentation discusses critical issue of marketing which are segmentation, Targeting, Positioning and Differentiation of Services. The topic include
Marketing Segmentation Definition
1.1 Need for Segmentation
1.2 Quality of Good Segmentation
1.3 Basis of Segmentation
1.4 Service Attributes and Levels
1.5 Developing Right Service Concept for a Specific Segment
1.6 Important vs. Determinant Attributes
1.7 Establishing Service Levels
2. Target market strategies
3. Positioning and its example
3.1Elements of Positioning
3.2 Types of Positioning
3.3 Developing an Effective Positioning Strategy
3.4Using Positioning Maps to Analyze Competitive Strategy
4. Differentiation of Service
4.1 The 5 Market Differentiation Strategies
The document provides an overview of services marketing concepts including:
1) It defines services and identifies key differences between goods and services such as intangibility, perishability, and simultaneous production and consumption.
2) It introduces the services marketing triangle and expanded 7Ps marketing mix framework for services.
3) It discusses models for understanding service quality like the gaps model and challenges in consumer behavior related to services like higher perceived risk and difficulty evaluating service alternatives.
A brand is primarily an idea or image that customers instantly identify with a product or service. Branding elements like logos, slogans, and color schemes allow companies to build a unique reputation beyond just their products and services to generate more revenue. However, focusing too much on short-term financial gains can neglect building the brand as an asset. Effective branding requires excellent brand concepts and execution, as well as sensible budgeting for both branding and marketing efforts. Building opportunities for branding include defining customer personas, having a strong online and social media presence, blogging to share valuable information, and prioritizing great customer service which can boost word-of-mouth recognition of the brand.
Advertising Media Plan Presentation: GW + NikeGabbi Baker
The GW Athletics and Nike media plan aims to promote products from their partnership, raise brand recognition for GW Athletics, and increase school spirit. Tactics include ads in the GW Hatchet newspaper and digital/social media. Promotions involve giveaways at basketball games and partnerships with campus facilities. The low-cost plan runs January through December and is evaluated for effectiveness in meeting objectives and reaching the target GW student market. An integrated marketing approach across the university ensures a consistent brand message.
The document summarizes several models of marketing communication:
1) The AIDA model focuses on gaining a customer's attention, interest, desire, and action.
2) The Heightened Appreciation model builds interest by demonstrating advantages over features.
3) The Advertising Exposure model measures how often a target audience is exposed to an ad.
4) The DAGMAR model proposes advertising moves customers from unawareness to awareness, comprehension, conviction, and finally action.
5) The Levidge and Steiner model measures the effectiveness of marketing communication strategies.
The document discusses various aspects of services marketing. It begins by defining key terms like marketing, services, and customer expectations. It then covers characteristics of services like intangibility, heterogeneity, inseparability, and perishability. The challenges of services marketing are discussed along with potential solutions. Key frameworks for understanding customer expectations and service quality are introduced, including the SERVQUAL model. Strategic issues like market segmentation, targeting, positioning, and differentiation strategies are also summarized.
The document discusses various tools used in promotion mix, including advertising, sales promotion, personal selling, and publicity. Advertising uses mass media to reach customers, while sales promotion uses short-term incentives to encourage immediate purchases. Personal selling involves direct oral communication between sellers and potential buyers. Publicity uses unpaid, non-personal media coverage to promote products and services. The most effective promotion tools depend on the specific product or service.
Meaning and nature of buyer behavior, differences between consumer buying and organizational buying in terms of characteristics and process, Strategic use of consumer behavior knowledge in marketing and public policy decisions. Modern Consumerism and the global consumer movement
Personal influence on consumer behaviorsobiairshadd
Consumer buying behavior is influenced by personal factors such as age, income, personality, and lifestyle. As people age, their tastes and choices change. Income impacts purchasing power and affordability. Consumers often choose brands that match their personality and prefer lifestyles that align with how they spend time and money.
This document discusses market segmentation, targeting, and positioning. It explains what constitutes a market and different approaches to marketing such as mass marketing, product variety marketing, and target marketing. The key bases for segmenting markets are discussed, including demographic, geographic, psychographic, and behavioral criteria. Effective segmentation requires segments to be measurable, accessible, substantial, and actionable. The document outlines steps in the segmentation, targeting, and positioning process and provides examples to illustrate various concepts.
Social marketing is a marketing technique used by organizations to spread social ideas and messages to improve public well-being. It was first coined in the 1950s and involves using traditional marketing principles like the 4 P's (product, price, place, promotion) to influence behavior. Some examples include government campaigns to promote polio vaccination, consumer awareness campaigns, and corporate programs to promote health and hygiene. The social marketing process involves defining the problem, identifying potential solutions, targeting audiences, developing strategies using the 4 P's, implementing programs, and evaluating results.
This document outlines the phases and steps involved in planning and implementing a social marketing campaign. It discusses 5 phases: 1) describing the problem, 2) conducting market research, 3) creating a marketing strategy, 4) planning the intervention, and 5) planning monitoring and evaluation. It also details the steps within each phase, including identifying the health problem and target audience, setting objectives and goals, developing a marketing mix, designing and testing messages, creating an implementation plan, and evaluating effectiveness. The overall goal is to use marketing principles to promote behavior change for social good.
Expectation Management for would-be brides Monika Kaushik
This document provides an overview of expectation management for future brides. It defines expectation management as a formal process to continuously capture, document, and maintain expectations of all parties involved in an interaction to make the interaction successful. It then discusses why expectation management can be challenging, such as when expectations are unclear or constantly changing. The benefits of managing expectations include increased trust, happiness, communication, and relationship clarity. Expectations can also be a double-edged sword by driving both success and the actions of others. The document outlines the three components of managing expectations: setting expectations, monitoring expectations, and influencing expectations. It provides tips for each component and concludes with a cross-check of measures of success.
All relationships begin and end with expectations. Sustainability and productivity of any relationship is a matter of managing perceptions, realities, needs, and wants. These slides show some of the critical factors in mitigating frustration.
Presentation detailing the 5 types of clients (characters) who get involved with social marketing: Confused, Hopefuls, Experimenters, Participant and Insightfuls.
This presentation was a 15 minute presentation.
This document discusses challenges in insurance distribution and various distribution channels. It notes that insurance is sold, not bought, and distributors play a key role in advising customers. Common developed market channels include agencies, brokers, bancassurance, and direct response. Challenges for insurers and distributors include building customer faith and credibility. Traditional agent-based distribution had drawbacks like lack of product knowledge. Emerging rural channels include banks, NGOs, post offices and internet kiosks. Success requires understanding customer needs and matching the right intermediaries with market segments.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document provides an overview of the Reserve Bank of India's (RBI) role as a regulator. It discusses the RBI's role in regulating the banking system, payment and settlement systems, credit markets, foreign exchange, and the overall financial system. The RBI oversees commercial banks, cooperative banks, non-banking financial companies, and more. It uses tools like on-site inspections, reporting requirements, and thematic reviews to regulate these entities and promote stability and development across India's financial sector. The RBI also works to address ongoing challenges for different types of financial institutions.
Significance of Service quality is very important for the success of a service company :
1. To win credibility & get repeat customers : If a company offers quality service consistently, It enjoys repeat business, i.e., customers visit it repeatedly. They may even refer it to their friends & relatives and provide positive word-of-mouth publicity to the quality service offered by the company.
2. To charge premium price : When a company offers superior quality service, compared to its competitors, customers who value quality will always prefer this company to other players in the market. So, the company will be in a position to charge a premium price from customers.
According to Berry & A Parasuraman, service quality is determined by customers using various criteria like credibility, security, access, communications, tangibles, responsiveness, reliability, competence, courtesy, tangibles, understanding, etc. Gronoos also suggested another list of criteria as professionalism & skills, attitude & behaviour, accessibility & flexibility, reliability & trustworthiness, reputation & credibility, and recovery. Since some of these factors are similar or overlapping, the authors have consolidated these into five distinct dimensions,
These dimensions represent how consumers organise information about service quality in their minds. These five dimensions were found relevant for banking, insurance, appliances repair, & maintenance, securities brokerage, long distance tele-service, auto repair service, & others. The dimensions are also applicable to retail & business services. This can be logically extended to internal services as well.
The document discusses the marketing planning process at different levels of an organization. It describes the steps in planning including analyzing opportunities, developing strategies, and allocating funds. Planning occurs at the corporate, division, business unit, and product levels. The key aspects of planning at each level are defined, such as establishing strategic business units and assessing growth opportunities at the corporate level. Product planning develops individual marketing plans within the overarching plans of higher levels.
The document discusses the Indian healthcare sector. It notes that healthcare is one of India's largest sectors in terms of revenue and employment. The private sector accounts for over 80% of healthcare spending. The sector is projected to grow to $40 billion this year. An aging population and expanding middle class represent opportunities for growth. However, physical infrastructure and the number of public health facilities are inadequate. The government uses price controls to improve drug affordability. [END SUMMARY]
This document provides an overview of management principles from a textbook. It defines management and what managers do, including planning, organizing, leading and controlling organizational resources and activities. It describes six core managerial competencies: communication, planning and administration, teamwork, strategic action, multicultural awareness, and self-management. It also outlines different management levels from top to first-line managers and their respective roles and skills.
1-Insurance Marketing
AGENTS AND BROKERS
A successful sales force is the key to success in the financial services industry. Most insurance policies sold today are sold by agents and brokers.
Agents:An agent is someonewho legally represents the principal and has the authority to act on the principal’s behalf.
Brokers:A broker is someone who legally represents the insured even though he or she receives a commission from the insurer.
2-TYPES OF MARKETING SYSTEMS
Life Insurance Marketing
Distribution systems for the sale of life insurance have changed dramatically over time.
Major life insurance distribution systems:
Personal selling systems
Financial institution distribution systems
Direct response system
Other distribution systems
1-Personal Selling Systems:
2-Financial Institution Distribution Systems
3-Direct Response System
3-Property and Casualty Insurance Marketing
Independent agency system
Exclusive agency system
Direct writer
Direct response system
Multiple distribution systems
12 Small Businesses That Found Success on Social MediaHootsuite
After years of speaking with our small business customers to address the challenges and highlight successes of social media, patterns are beginning to form. We wanted to highlight the overlapping and individual social media goals of businesses industry-wide—not only to recognize their successes, but also to inspire others through examples. After all, 78% of consumers say that social messages from businesses influence their purchases. Here’s a presentation that showcases 12 small businesses who found success on social media.
Pemasaran Sosial (Segmentasi, Analisis Target Adopters, dan Social Marketing ...Penny Hutabarat
Materi Pemasaran Sosial mengenai Segmentasi, Analisis Perilaku Target Adopters dan Langkah-langkah Perencanaan Pemasaran Sosial (Social Marketing Plan)
Social marketing presentation november 2016Jim Mintz
This document provides an introduction and overview of social marketing planning for behavior change. It discusses key concepts in social marketing including the benefits of adopting a social marketing approach, challenges, and how meaningful impact takes time. It outlines the key components of a social marketing plan including conducting a situation analysis through environmental scans, SWOT analysis, market segmentation, identifying target audiences and influencers. It also discusses setting objectives using the SMART framework, conducting social marketing research, branding, positioning using the 4 P's of marketing framework covering product, price, place and promotion. The document emphasizes that social marketing requires a strategic long-term approach to effectively change behaviors.
A presentation that walks a participant through the principles of marketing, the implementation of a social marketing campaign while gaining a better understanding.
Mastering Social Media Workshop 2: Social Media Strategy DevelopmentHamill Associates Ltd
This document summarizes a workshop on developing a social media strategy. It outlines key questions to address, such as objectives, targets, customer segmentation, and initiatives. Developing a strategy requires analyzing internal and external factors. A balanced scorecard approach can align initiatives with objectives. The workshop also discusses measuring performance, organizational readiness, policies, and resources needed for implementation. Examples are provided to demonstrate how to create a vision, objectives, customer mapping, and action plans.
This document outlines activities for a training unit on marketing management for agri-food cooperatives in Europe. It covers topics such as understanding market dynamics, the differences between marketing and management, performing marketing analyses, developing marketing strategies, planning marketing activities and communications, using online and social media, and monitoring marketing efforts. The goal is to provide innovative training to marketing trainers in the European agri-food cooperative sector.
The research brief outlines a quantitative study to measure the effectiveness of rural hygiene educational activations in Vietnam. The study will evaluate the impact of the activations on hygiene behaviors and key brand metrics for Lifebuoy and P/S before and after the activations. A total of 200 rural women aged 20-40 in North and South Vietnam will be surveyed. The research agency will submit a proposal, conduct a pilot study, and perform pre- and post-activation surveys to measure changes. Results will be delivered to help evaluate the success of the activations and guide future efforts.
1. The document discusses the integrated marketing communications (IMC) planning process. It outlines the key steps, including conducting a communications market analysis, setting communication objectives, determining the budget, and developing IMC components.
2. The communications market analysis involves competitive analysis, opportunity analysis, target market analysis, customer analysis, and positioning analysis. Market research is also an important part of understanding customers and positioning.
3. Objectives, budget, target markets, and IMC components like advertising, promotions, and media spending all feed into creating an effective IMC program. International considerations are also part of successful globally integrated marketing communications.
A marketing plan outlines a business's overall marketing strategy, including goals, target markets, channels, messaging, and budget. It provides a roadmap for entrepreneurs and helps bankers assess businesses. The plan identifies target markets, sets goals and objectives, allocates resources effectively, and enables measuring success. It should be clear, concise, aligned with business goals, based on market research, realistic, define the target audience clearly, be creative, budget conscious, and flexible.
This document provides an overview of The Marketing Collaborative and its founder and strategic director, Cathy Rubino Hines. It discusses their business model of creating a virtual marketing team and highlights Cathy's 20+ years of experience in marketing for higher education, healthcare, and other industries. The document also provides examples of marketing campaigns and services The Marketing Collaborative provides for clients.
This document provides an overview of topics to be covered in a marketing course, including segmenting, evaluating and selecting target audiences; establishing objectives and goals; and identifying barriers, benefits, competitive forces and influential others. It discusses 10 steps for social marketing and outlines key considerations for segmenting, evaluating and selecting target markets and audiences. The document emphasizes understanding target audiences by identifying barriers, benefits, competition and influential others they face in order to design an effective marketing strategy and objectives. Formative research is recommended to gain insights into these audience perspectives.
Cosla chapter 18 managing mass communications b cid v78 audio feb 14Benedicto_cid
This document outlines key concepts for managing advertising, promotions, experiences, and public relations. It discusses the 5 Ms framework for developing an advertising program, including mission, money, message, media, and measurement. It also covers steps for sales promotion decisions, guidelines for brand-building events, and the potential of public relations. The goal is to understand how to program consumers to buy through advertising, incentivize immediate purchases via promotions, share brand feelings through experiences, and act as a trusted friend through PR.
Social marketing is the adaptation of commercial marketing techniques to promote social good and influence behaviors. It involves understanding target audiences, identifying desired behaviors to influence, and using a variety of tools and marketing strategies to encourage behaviors that benefit individuals and society. Social marketing follows a systematic process of research, planning, design, execution, and evaluation. It has been used successfully in public health campaigns and to address issues like drug abuse and organ donation. A key aspect is understanding things from the target audience's perspective and identifying benefits that outweigh costs or barriers to the desired behavior.
This document provides an introduction to key marketing management concepts including:
- Defining marketing as creating value for customers through products and communications
- Explaining basic marketing principles like needs, wants, demand, and Maslow's hierarchy
- Outlining market segmentation approaches including demographics, psychographics, and geography
- Describing targeting, positioning, and the marketing mix as strategic tools
- Introducing the product lifecycle and strategic planning processes
- Emphasizing the importance of vision, mission, and slogans to guide marketing efforts
- Noting the role of market analysis and portfolio analysis in strategic decision making
- Defining marketing research and common data collection methods
The document discusses key concepts in marketing management including the marketing mix, different marketing concepts, demand forecasting methods, market segmentation, and business to business marketing segmentation. Specifically, it defines marketing management as planning and executing the pricing, promotion, and distribution of goods and services. It also explains the four Ps of the marketing mix - product, price, promotion, and place.
This document provides an overview of marketing concepts including the evolution of marketing, the marketing mix, market segmentation, and various promotional strategies. It discusses how marketing has shifted from a production focus to being more customer-oriented over time. The key elements of the marketing mix are identified as product, price, place, and promotion. Various promotional tools like advertising, personal selling, public relations, and sales promotions are also summarized.
This document discusses the key steps in developing an effective social media marketing plan:
1. Listening and observing social media conversations about your brand, competitors, industry to understand audiences and opportunities.
2. Setting goals such as increasing brand awareness, improving perceptions, and expanding loyalty.
3. Determining strategies by linking goals to specific social media platforms and developing a call to action for each one based on the target audience and their behaviors. This includes creating and sharing relevant content to engage advocates.
This document discusses the key steps in creating an effective social media marketing plan:
1. Listening and observing social media conversations about your brand, competitors, industry to understand audiences and opportunities.
2. Setting goals such as increasing brand awareness, improving perceptions, and expanding loyalty.
3. Determining strategies by linking goals to specific social media platforms and developing a call to action for each one based on the target audience and their behaviors. Strategies also involve contributing valuable content and collaborating with members to build relationships.
This document discusses the key steps in developing an effective social media marketing plan:
1. Listening and observing social media conversations about your brand, competitors, industry to understand audiences and opportunities.
2. Setting goals such as increasing brand awareness, improving perceptions, and expanding loyalty.
3. Determining strategies by linking goals to specific social media platforms and developing a call to action for each one based on the target audience and their behaviors. Strategies also involve contributing valuable content and collaborating with platform members.
The document discusses various topics related to marketing research including:
1. It describes the role of marketing research in the marketing planning process and decision making.
2. It outlines the marketing research process and discusses problem definition, establishing research objectives, and estimating the value of information.
3. It covers different types of research designs including exploratory, descriptive, and causal research.
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2. Traditional planning models rely too much on
tactical interventions and too little on strategy
needed to sustain long-term change. In social
marketing, consumer research provides the gene
pool and strategy serves as the DNA structure
needed to bring that information to life.
-Carol Bryant
University of South Florida
3. Strategic Marketing Planning Process
“A logical process to follow when developing a
marketing plan- whether for a for-profit corporation,
nonprofit organization, or public sector agency”
1. Why are you doing this?
2. Where are you today?
3. Where do you want to go?
4. How are you going to get there?
5. How will you keep on track?
4. Strategic Marketing Planning Process
Marketing Concepts (customer-centered mind-set)
• The Production Concept: widely available & inexpensive
• The Product Concept: build it and they will come
• The selling Concept: selling & promotion efforts
• The Marketing Concept: sense-and-respond
• The Holistic Marketing Concept: - Relationship marketing
- Integrated marketing
- Internal marketing
5. Strategic Marketing Planning Process
Shift in Marketing Management
• From Marketing does the marketing to everyone does the
marketing
• From organizing by product units to organizing by customer
segments
• From building brands through advertising to building brands
through performance and integrated communications
• From focusing on profitable transactions to focusing on customer
lifetime value
• From being local to being “glocal”
8. STEPS OF SOCIAL MARKETING PLAN
Differences from commercial plans
1. Target markets selected prior to
establishing objectives & goals
2. Competition isn’t identified in
situation analysis
3. Goals are the quantifiable measures
of the plan
9. STEPS OF SOCIAL MARKETING PLAN
Step 1: Background, Purpose, and Focus
What’s the problem?
What happened?
(Epidemiological, scientific, research data)
Purpose statement: reflects the benefit of a successful campaign
Focus: to narrow the scope of the plan
10. STEPS OF SOCIAL MARKETING PLAN
Step 2: Conduct Situation Analysis
SWOT analysis:
Strengths,
Internal Factors
Weaknesses,
Opportunities,
External Factors
Threats
Review existing: § Health & demographic data
§ Survey results
§ Study findings
§ Any available data
§ Past or similar efforts
11. STEPS OF SOCIAL MARKETING PLAN
Step 3: Select Target Markets
Look for: § Geographic, demographic, economic, and social factors.
§ Knowledge, attitudes, practices, and advocacy.
§ Community variables.
§ Mass media exposure.
1- Segmentation: 2- Evaluate Segments: 3- Targeting:
1ry Target Audiences 2ry Target Audiences
Profile : Prepare an audience profile.
12. STEPS OF SOCIAL MARKETING PLAN
Step 4: Objectives & Goals
• Behavior Objectives:
Behavior to do, Accept, Reject, Modify, Abandon
• Knowledge Objectives: Information, facts
• Belief Objectives: feelings, attitude
SMART Objectives Specific ﻣﺤﺪدة
Measurable ﻗﺎﺑﻠﺔ ﻟﻠﻘﯿﺎس
Appropriate ﻣﻼﺋﻤﺔ
Realistic واﻗﻌﯿﺔ
Time bound ﻣﺤﺪده ﻟﻔﺘﺮة زﻣﻨﯿﺔ
13. STEPS OF SOCIAL MARKETING PLAN
Step 5: Competition, Barriers & Motivators
What target market is currently doing or prefer to do (competition)
What real and/or perceived barriers to the desired behavior
What would motivate them to “buy” it.
Step 6: Positioning
How you want your target audience to see the behavior
you want them to buy – relative to competing behavior. Branding
14. STEPS OF SOCIAL MARKETING PLAN
Step 7: Marketing Mix (4Ps)
Product: Core Product: Benefits of desired behavior
Actual Product: desired behavior
Augmented product: additional tangible objects/services
Price: monetary costs, incentives, disincentives
nonmonetary incentives, disincentives
Place: your delivery system or distribution channel
Promotion: Communication Strategy
messages, messengers, communication channels.
+ Logos, Slogans, Taglines
15. STEPS OF SOCIAL MARKETING PLAN
Step 8: Plan for Monitoring & Evaluation
Measures will be used to evaluate the success of your effort
Desired levels of changes in behavior, knowledge, beliefs
Categories of evaluation:
Output: measures campaign activities
Outcome: target market responses & changes in knowledge,
beliefs, behavior
Impact: contribution to the plan purpose
16. STEPS OF SOCIAL MARKETING PLAN
Step 9: Budget & Funding Sources
Final budget delineating secured funding sources &
reflecting any contributions from partners.
Step 10: Implementation Plan
Who will do what, when, for how much
• Marketing activities (outputs)
• Responsibilities
• Time frames
• Budgets