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Marketing




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                                                                                                        Contemporary Issues In




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Societal Marketing Concept
• In this concept, companies aim profits while taking
  customer satisfaction into consideration in short
  term and human welfare in long term.

• So, there are three things that must be involved for a
  company to implement ‘Societal Marketing Concept’:
  a) Company (in terms of profit maximization)
  b) Consumers (in terms of wants and satisfaction)
  c) Society (in terms of human welfare)

Source: http://ba440.blogspot.in/
Social Marketing
• Social marketing is using marketing methods and marketing
  mix in order to solve social issues. Aim is to affect individual
  behavior in society showing proper ways in order to enable
  social welfare.

• Avon is an example that uses social marketing. They try to
  make women aware of breast cancer by selling products
  specific to that issue. These products involve pins, bracelets,
  books, cloth bags, and mobile phone apparels. The profits
  made by the sales are donated to a special fund which is lent
  to hospitals, foundations, etc.
Not-For-Profit Marketing
• Marketing is used for the not-for-profit
  organizations. Universities are example to
  such organizations, as they use advertising not
  to increase profits but to increase the number
  of students that prefer that university.

• Prathma Blood Bank is another example
Cause-Related Marketing
• In such marketing, a company and a nonprofit
  organization together start a marketing activity to draw
  people’s attention to an issue. Cause-related marketing
  provides benefit to both company and the
  organization.

• It is beneficial for the company because it creates a
  positive public image and it also increases sales of the
  brand. On the other hand, it is beneficial to the
  organization because they will be able to reach new
  sources of funds which they deprive of in most cases,
  and they will obtain greater visibility.
Sports Marketing
• “Sports marketing” is the use of marketing
  principles for or within the sports related
  environments.

• The main idea you can get from this definition
  is that, there are two dimensions of sports
  marketing:
• Marketing through sports. In such marketing, the
  marketed products are nonsports products but the
  channels used to reach the target market are sports-
  related. Master Card sponsorship and advertisements in
  The Champions League and The World Cup can be accepted
  as a well-known advertisement.

• Marketing of sports. This kind of marketing strategically
  aims marketing the pure sports goods to the target market.
  Continuing to the previous example, the advertisements of
  The Champions League or The World Cup through different
  media channels are good examples of marketing of sports.
Guerilla Marketing
• Guerilla Marketing is a form of marketing whose
  target markets exist in unexpected places; the
  product is marketed in a memorable and
  attractive manner.

• The aim of this marketing is to reach more people
  with a limited budget and a more effective
  message. Customers are shocked and surprised in
  guerilla marketing, so they can remember things
  that surprise them.
• Some key elements of
  guerilla marketing:
• Creativity
• Unexpectedness
• More with less
Viral (Buzz) Marketing
• Viral (Buzz) Marketing is marketing technique that
  encourages people to spread your message to others,
  to create difference in the short time. In viral
  marketing, the message quickly spreads like a virus
  from one person to another.

• You tell two friends, and then they tell two friends,
  because it is form of “word of mouth”. Social networks
  can play a key role in spreading your message. They
  can be very successful in reaching a large number of
  people rapidly.
Experiential Marketing
• Experiences occur when customer meets with
  a product and use it. They play a vital role
  while making the purchase decision.

• They provide greater interaction between firm
  and consumer. Firms focus on their customers
  with the help of the emotional appeals to
  affect their senses.
• Experiential marketing differs from traditional
  marketing in four ways:
• Experience of Customer
• Focus on Consumption
• Ecletic Methods
• Rational and Emotional Animals
Marketing in the Digital Age
• Online marketing is the marketing of products
  and services via the Internet as its medium. In
  today’s global environment; to benefit from
  the new technologies, marketers should
  develop strategies which suit the Digital
  World.
• Types of Internet Usage Among Companies
• “Brick-and-mortar company” operates in real life
  only, uses Internet to provide information.
  Organizations like universities are example to this.

• “Click-and-mortar company” provide sales both
  in real life and through Internet. Vatan Computer
  is an example to this.

• “Click-only company” operates only online and
  you cannot contact in real life with such company.
  Idefix is an example to this, you can only buy
  those books online.
Search Engine Marketing
• With the increasing popularity of Google and such
  search engines, Search Engine Marketing concept is
  introduced.

• The concept is defined as a form of Internet marketing
  that seeks to promote websites by increasing their
  visibility in search engine result pages through the use
  of search engine optimization. It provides increased
  visibility for the companies for the reason that
  whenever people have a question on their minds, they
  ask Google.
Tourism Marketing
• Tourism Marketing is the managerial process of
  anticipating and satisfying existing and potential visitors’
  wants more effectively then competitive suppliers or
  destinations.

• The management of exchange is driven by profit,
  community gain, or both; either way long-term success
  depends on a satisfactory interaction between consumer
  and supplier. It also means securing environmental and
  societal needs as wee as core consumer satisfaction. They
  can no longer be regarded as mutually exclusive.
Personal Branding
“Your personal brand is the powerful, clear, positive
idea that comes to mind whenever other people
think of you.
It’s what you stand for – the values, abilities and
actions that others associate with you.
It’s a professional alter ego designed for the
purpose of influencing how others perceive you, and
turning that perception into opportunity.”
             Peter Montoya Personal Branding Guru
7 Secrets To Building A Compelling
               Personal Brand
1.    Have a clear vision.
2.    Create a strong offering.
3.    Be a personality to remember.
4.    Know your target audience.
5.    Presentation, presentation, presentation.
6.    Deliver what you promise.
7.    Leave room to expand.
8.    Use new media like websites, blogs, LinkedIn Profiles, other
      social media profiles to create content that defines you as a
      professional
9.    Update and engage with your target audiences regularly
Thank You




www.manishparihar.co.in

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Contemporary issues in marketing

  • 1. Marketing www.manishparihar.co.in Contemporary Issues In Image: http://www.paperwritingservice.info/researching-marketing-thesis-use-relevant-information-only/
  • 2. Societal Marketing Concept • In this concept, companies aim profits while taking customer satisfaction into consideration in short term and human welfare in long term. • So, there are three things that must be involved for a company to implement ‘Societal Marketing Concept’: a) Company (in terms of profit maximization) b) Consumers (in terms of wants and satisfaction) c) Society (in terms of human welfare) Source: http://ba440.blogspot.in/
  • 3. Social Marketing • Social marketing is using marketing methods and marketing mix in order to solve social issues. Aim is to affect individual behavior in society showing proper ways in order to enable social welfare. • Avon is an example that uses social marketing. They try to make women aware of breast cancer by selling products specific to that issue. These products involve pins, bracelets, books, cloth bags, and mobile phone apparels. The profits made by the sales are donated to a special fund which is lent to hospitals, foundations, etc.
  • 4. Not-For-Profit Marketing • Marketing is used for the not-for-profit organizations. Universities are example to such organizations, as they use advertising not to increase profits but to increase the number of students that prefer that university. • Prathma Blood Bank is another example
  • 5. Cause-Related Marketing • In such marketing, a company and a nonprofit organization together start a marketing activity to draw people’s attention to an issue. Cause-related marketing provides benefit to both company and the organization. • It is beneficial for the company because it creates a positive public image and it also increases sales of the brand. On the other hand, it is beneficial to the organization because they will be able to reach new sources of funds which they deprive of in most cases, and they will obtain greater visibility.
  • 6. Sports Marketing • “Sports marketing” is the use of marketing principles for or within the sports related environments. • The main idea you can get from this definition is that, there are two dimensions of sports marketing:
  • 7. • Marketing through sports. In such marketing, the marketed products are nonsports products but the channels used to reach the target market are sports- related. Master Card sponsorship and advertisements in The Champions League and The World Cup can be accepted as a well-known advertisement. • Marketing of sports. This kind of marketing strategically aims marketing the pure sports goods to the target market. Continuing to the previous example, the advertisements of The Champions League or The World Cup through different media channels are good examples of marketing of sports.
  • 8. Guerilla Marketing • Guerilla Marketing is a form of marketing whose target markets exist in unexpected places; the product is marketed in a memorable and attractive manner. • The aim of this marketing is to reach more people with a limited budget and a more effective message. Customers are shocked and surprised in guerilla marketing, so they can remember things that surprise them.
  • 9. • Some key elements of guerilla marketing: • Creativity • Unexpectedness • More with less
  • 10. Viral (Buzz) Marketing • Viral (Buzz) Marketing is marketing technique that encourages people to spread your message to others, to create difference in the short time. In viral marketing, the message quickly spreads like a virus from one person to another. • You tell two friends, and then they tell two friends, because it is form of “word of mouth”. Social networks can play a key role in spreading your message. They can be very successful in reaching a large number of people rapidly.
  • 11. Experiential Marketing • Experiences occur when customer meets with a product and use it. They play a vital role while making the purchase decision. • They provide greater interaction between firm and consumer. Firms focus on their customers with the help of the emotional appeals to affect their senses.
  • 12. • Experiential marketing differs from traditional marketing in four ways: • Experience of Customer • Focus on Consumption • Ecletic Methods • Rational and Emotional Animals
  • 13. Marketing in the Digital Age • Online marketing is the marketing of products and services via the Internet as its medium. In today’s global environment; to benefit from the new technologies, marketers should develop strategies which suit the Digital World.
  • 14. • Types of Internet Usage Among Companies • “Brick-and-mortar company” operates in real life only, uses Internet to provide information. Organizations like universities are example to this. • “Click-and-mortar company” provide sales both in real life and through Internet. Vatan Computer is an example to this. • “Click-only company” operates only online and you cannot contact in real life with such company. Idefix is an example to this, you can only buy those books online.
  • 15. Search Engine Marketing • With the increasing popularity of Google and such search engines, Search Engine Marketing concept is introduced. • The concept is defined as a form of Internet marketing that seeks to promote websites by increasing their visibility in search engine result pages through the use of search engine optimization. It provides increased visibility for the companies for the reason that whenever people have a question on their minds, they ask Google.
  • 16. Tourism Marketing • Tourism Marketing is the managerial process of anticipating and satisfying existing and potential visitors’ wants more effectively then competitive suppliers or destinations. • The management of exchange is driven by profit, community gain, or both; either way long-term success depends on a satisfactory interaction between consumer and supplier. It also means securing environmental and societal needs as wee as core consumer satisfaction. They can no longer be regarded as mutually exclusive.
  • 17. Personal Branding “Your personal brand is the powerful, clear, positive idea that comes to mind whenever other people think of you. It’s what you stand for – the values, abilities and actions that others associate with you. It’s a professional alter ego designed for the purpose of influencing how others perceive you, and turning that perception into opportunity.” Peter Montoya Personal Branding Guru
  • 18. 7 Secrets To Building A Compelling Personal Brand 1. Have a clear vision. 2. Create a strong offering. 3. Be a personality to remember. 4. Know your target audience. 5. Presentation, presentation, presentation. 6. Deliver what you promise. 7. Leave room to expand. 8. Use new media like websites, blogs, LinkedIn Profiles, other social media profiles to create content that defines you as a professional 9. Update and engage with your target audiences regularly