This document discusses key concepts in marketing management. It defines marketing as the process of directing the flow of goods and services from producer to consumer. It outlines different marketing orientations like product-oriented and sales-oriented approaches. It then describes the marketing concept which emphasizes customer satisfaction through understanding customer needs and coordinating marketing activities. The marketing concept benefits businesses by ensuring long term success, reducing risks, prioritizing customers, and harmonizing business interests with societal interests.
Sales and Sales Management: Meaning and DefinitionAmitabh Mishra
A sale is the pinnacle activity involved in selling products/services in return for money or other compensation. It is an act of completion of a commercial activity.
Sales is everything that you do to close the sale and get a signed agreement or contract.
What do you mean by Market research, Concept of Market Research, Application of Market Research, Advantages of Market Research, Process of Market Research, Market Information.
Sales and Sales Management: Meaning and DefinitionAmitabh Mishra
A sale is the pinnacle activity involved in selling products/services in return for money or other compensation. It is an act of completion of a commercial activity.
Sales is everything that you do to close the sale and get a signed agreement or contract.
What do you mean by Market research, Concept of Market Research, Application of Market Research, Advantages of Market Research, Process of Market Research, Market Information.
Market, definition of Marketing, Scopes of Marketing, Nature of Marketing, Functions of Marketing, Marketing vs. selling, Roles and Functions of Marketing Manager Marketing Environment and much more.
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
A new way to look at marketing... Introductory session to Hospital Management Students of BK School of Business Management, Gujarat University taken on 22 September 2011.
for more details, visit:
www.profmanishparihar.blogspot.com
Market, definition of Marketing, Scopes of Marketing, Nature of Marketing, Functions of Marketing, Marketing vs. selling, Roles and Functions of Marketing Manager Marketing Environment and much more.
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
A new way to look at marketing... Introductory session to Hospital Management Students of BK School of Business Management, Gujarat University taken on 22 September 2011.
for more details, visit:
www.profmanishparihar.blogspot.com
The ppt covers the basics marketing principles given by Philip Kotler:
The importance of marketing
Core Marketing Concepts
Company Orientations
Segmentation-Targeting-Positioning
7p’s Framework
The session includes a brief history of the evolution of search before diving into the roles technology, content, and links play in developing a powerful SEO strategy in a world of Generative AI and social search. Discover how to optimize for TikTok searches, Google's Gemini, and Search Generative Experience while developing a powerful arsenal of tools and templates to help maximize the effectiveness of your SEO initiatives.
Key Takeaways:
Understand how search engines work
Be able to find out where your users search
Know what is required for each discipline of SEO
Feel confident creating an SEO Plan
Confidently measure SEO performance
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROVWO
In today’s era of AI, personalization is more than just a trend—it’s a fundamental strategy that unlocks numerous opportunities.
When done effectively, personalization builds trust, loyalty, and satisfaction among your users—key factors for business success. However, relying solely on AI capabilities isn’t enough. You need to anchor your approach in solid principles, understand your users’ context, and master the art of persuasion.
Join us as Sarjak Patel and Naitry Saggu from 3rd Eye Consulting unveil a transformative framework. This approach seamlessly integrates your unique context, consumer insights, and conversion goals, paving the way for unparalleled success in personalization.
Come learn how YOU can Animate and Illuminate the World with Generative AI's Explosive Power. Come sit in the driver's seat and learn to harness this great technology.
Search Engine Marketing - Competitor and Keyword researchETMARK ACADEMY
Over 2 Trillion searches are made per day in Google search, which means there are more than 2 Trillion visits happening across the websites of the world wide web.
People search various questions, phrases or words. But some words and phrases are searched
more often than others.
For example, the words, ‘running shoes’ are searched more often than ‘best road running
shoes for men’
These words or phrases which people use to search on Google are called Keywords.
Some keywords are searched more often than others. Number of times a keyword is searched
for in a month is called keyword volume.
Some keywords have more relevant results than others. For the phrase “running shoes” we
get more than 80M relevant results, whereas for “best road running shoes for men” we get
only 8.
The former keyword ‘running shoes’ has way more competition from popular websites to
new and small blogs, whereas the latter keyword doesn’t have that much competition. This
search competition for a keyword is called search difficulty of a keyword or keyword
difficulty.
In other words, if the keyword difficulty is ‘low’ or ‘easy’, there won’t be any competition
and if you target such keywords on your site, you can easily rank on the front page of Google.
Some keywords are searched for, just to know or to learn some information about something,
that’s their search intention. For example, “What shoe size should I choose?” or “How to pick
the right shoe size?”
These keywords which are searched just to know about stuff are called informational
keywords. Typically people who are searching this type of keywords are top of a Conversion
funnel.
Conversion funnel is the journey that search visitors go through on their way to an email
subscription or a premium subscription to the services you offer or a purchase of products
you sell or recommend using your referral link.
For some buyers, research is the most important part when they have to buy a product.
Depending on that, their journey either widens or narrows down. These types of buyers are
Researchers and they spend more time with informational keywords.
Conversion is the action you want from your search visitors. Number of conversions that you
get for every 100 search visitors is called Conversion rate.
People who are at different stages of a conversion funnel use different types of keywords.
The What, Why & How of 3D and AR in Digital CommercePushON Ltd
Vladimir Mulhem has over 20 years of experience in commercialising cutting edge creative technology across construction, marketing and retail.
Previously the founder and Tech and Innovation Director of Creative Content Works working with the likes of Next, John Lewis and JD Sport, he now helps retailers, brands and agencies solve challenges of applying the emerging technologies 3D, AR, VR and Gen AI to real-world problems.
In this webinar, Vladimir will be covering the following topics:
Applications of 3D and AR in Digital Commerce,
Benefits of 3D and AR,
Tools to create, manage and publish 3D and AR in Digital Commerce.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
A.I. (artificial intelligence) platforms are popping up all the time, and many of them can and should be used to help grow your brand, increase your sales and decrease your marketing costs.In this presentation:We will review some of the best AI platforms that are available for you to use.We will interact with some of the platforms in real-time, so attendees can see how they work.We will also look at some current brands that are using AI to help them create marketing messages, saving them time and money in the process. Lastly, we will discuss the pros and cons of using AI in marketing & branding and have a lively conversation that includes comments from the audience.
Key Takeaways:
Attendees will learn about LLM platforms, like ChatGPT, and how they work, with preset examples and real time interactions with the platform. Attendees will learn about other AI platforms that are creating graphic design elements at the push of a button...pre-set examples and real-time interactions.Attendees will discuss the pros & cons of AI in marketing + branding and share their perspectives with one another. Attendees will learn about the cost savings and the time savings associated with using AI, should they choose to.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
Digital Money Maker Club – von Gunnar Kessler digital.focsh890
Title One is a comprehensive examination of the impact of digital technologies on
modern society. In a world where technology continues to advance rapidly, this article delves into the nuances and complexities of the digital age, exploring Its implications across various sectors and aspects of life.
Monthly Social Media News Update May 2024Andy Lambert
TL;DR. These are the three themes that stood out to us over the course of last month.
1️⃣ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2️⃣ Instagram’s new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3️⃣ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ‘collabs’ more too.
Short video marketing has sweeped the nation and is the fastest way to build an online brand on social media in 2024. In this session you will learn:- What is short video marketing- Which platforms work best for your business- Content strategies that are on brand for your business- How to sell organically without paying for ads.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
2. INDEX
1) INTRODUCTION
2) DEFINATION
3) CONCEPT OF MARKETING
4) BENEFITS OF MARKETING CONCEPT
5) CONCLUSION
6) REVIEW OF THE TOPIC
7) BIBLOGRAPHY
3. INTRODUCTION
• The term ‘market’ originates from the Latin
noun ‘marcatus’ which mean ‘a place where
business is conducted’ a layman somewhat
similar connotations the word ‘market’ which
brings to his mind the vista of place where the
buyers and sellers personally interact and
finalise deals. However for the students of
marketing it has wider and deeper implications.
4. Conti…
• It is not merely a place of exchange but
an arrangement that provides an opportunity
of exchanging goods and services for money.
in this context Philip Kotler has defined the
term market as “an arena for potential
exchanges.”
5. DEFINATION
• “A total system of interacting business
activities designed to plan, price , promote and
distribute want- satisfying products and services
to present and potential customers.”
- William J. Stanton
• American marketing association defined
marketing as “ the performance of business
activities that direct the flow of goods and
services from producer to consumer or user”
6. CONTI…
• “A social and managerial process by which
individuals and groups obtain what they needs want
through creating and exchanging products
and value with others”
- Philip Kotler
• “An integrated system of action that creates
value in goods through the creation of from place, time,
and ownership utilities”
- Buskirk Richard
7. COCEPT OF MARKETING
• 1) The exchange orientation: Marketing
involve exchange of a product between a saller
and a buyer usually based on money. But
modern marketing is not merely an exchange
operation . Marketing has now a much wider
connotation. It covers search of unmet customer
wants, formulation of marketing strategies
marketing mix ,creative selling and advertising,
serving the customer and so on.
8. CONTI…
• all these other vital ingredients of marketing
are conveniently forgotten in exchange oriented
marketing approach.
• 2) The product orientation: Management
firmly believes that if the product has supurb
features , quality and performance, customer
response is bound to be favourable and all
promotion afforts are needless. This was the
marketing philosophy till 1930.over-emphasis on
product excellence may lead a marketer
9. CONTI…
• to ignore many other aspect of customer needs
and desires. Consumer for whom the product is
meant may be ignored. This is called the
phenomenon of marketing myopia or short-sightedness.
• 3)The production orientation: Company sells
what it can make. The focus is on performance
and cost . The product line is usually narrow. The
price is based on production and distribution cost.
10. CONTI…
• Technical research enables product
improvement and cost cutting in the production
process. packaging is expected to protect the
product and minimise cost. Credit is regarded as
a necessary evil. The producer is interested only
to minimise bad debt losses. Promotion is
adopted only to give emphasis on product
features, quality and price. this concept can work
only in a sellers market. in a buyers market it
11. CONTI…
• fails to retain market under keen competition.
American luxury car market was captured by
Japanese and European cars around 1980.
4) The sales orientation: Buyers market for
many commodities brought about sales-orientation
in marketing. It points out that a
company cannot secure enough customer
response to its products without high- pressure
salesmanship, aggressive advertising and
12. CONTI…
• intensive sales promotion. Sales orientation
gives emphasis on increasing sales volume
even at the cost of consumer satisfaction and
service. Many marketers adopt this approach in
selling unsought or unwanted goods. The selling
concept is found in the sale of books insurance
and also in auto sales. We also have selling
concept at the time of election faithfully followed
13. CONTI…
• By all political parties. Sales orientation also
exhibit marketing myopia.
5) The marketing concept: Marketing concept as a
customer-oriented marketing philosophy of the
entire business organisation has four premises
1) Customer orientation :- the essence of modern
marketing concept is “the firm must take its marching
order from the market and it must produce what the
market needs.”
14. CONTI…
• All elements of business should be geared
toward the customer satisfaction. corporate plans,
programmes and operations must be focussed
around customer needs and desires.
2) Marketing information system:- the marketing
concept also emphasizes the role of information as
the key to both customer satisfaction and profitabillity.
customer demand can never be satisfide without
integrated marketing programmes based upon
15. CONTI…
• Adequate and accurate information about customer
needs and competition. Information is a vital resorce
in planning-action-control process of management .
3) Integrated marketing activities:- systems approch
adopts a unified view of the study of marketing. All
marketing activities must be properly integrated and
coordinated to accomplish a set objectives.
16. CONTI…
4)Dual objectives:- marketing concept advocates
serving the consumers and maximising profits at
the same time. These objectives, though conflicting
can be reconciled. Guaranteed route to profits is
through customer satisfaction. Profit is a by-product
of supplying what the customer wants. Marketing
concept is a mere lip service for those firms who
have not yet resolved this conflict.
17. CONTI…
6) The social marketing concept: the social
marketing concept is based on the following
1) The marketer has to fulfill the customer demand
and also to contribute to enrichment or quality of
life .
2) The marketer shall not offer a product to consumer
if it is not in the best interests of consumers.
3) The marketer will offer long-run consumer and
public welfare.
18. CONTI…
4) The integrated marketing plans and programmes
shall duly consider consumer-citizen wants. social
welfare and corporate needs i.e. sustained economic
growth without ecological imbalances and
disturbances. In essence widened marketing concept
will enable marketing management to create and
deliver not only material standard of living but also
healthy lie in the universe free from environmental
degradation.
19. BENEFITS OF MARKETING
CONCEPT
• 1) Long-term success is assured to an enterprise
only If it recognises that the needs of the market
are paramount.
• 2) It enables the firm to move more quickly to
capitalise on market opportunities. Marketing risks
can be reduced only by knowing and understanding
the market.
• 3) Customer needs, wants and desires receive top
consideration in all business activities.
20. CONTI…
• 4) Greater attention is giving to the product
planning and development so that merchandising
can become more effective.
• 5) Demand side of the equation of exchange is
honoured more and supply is adjusted to changing
demand. Hence, more emphasis is giving to
research and innovation.
21. CONTI…
• 6) Marketing system based on the marketing
concept assures integrated view of business
operation and indicates interdependence of
different departments of a business organisation.
• 7) Interests of the enterprise and society can be
harmonised as profit through service is emphasized.
• 8) Marketing information and research is now an
integral part of the marketing process and it is a
managerial tool in decision-making in the field of
marketing.
22. CONCLUSION
• 1) Under market concept there is a shift (A) from
product/business to customer (B) from production
to market (C) from supply to demand (D) from sales
volume to profit (E) from more selling to customer
satisfaction and (F) from internal orientation to
external orientation.
• 2) Under marketing concept supply becomes the
function of demand. Demand is the controlling factor
and demand analysis becomes the foundation of all
marketing function.
23. REVIEW OF THE TOPIC
1) INTRODUCTION
2) DEFINATION
3) CONCEPT OF MARKETING
4) BENEFITS OF MARKETING CONCEPT
5) CONCLUSION
24. BIBLOGRAPHY
• 1) ESSENTIAL OF MARKETING MANAGEMENT
BY
S.A SHERLEKAR
P.N REDDY
H.R APPANNAIAH
HIMALAYA PUBLISHING HOUSE
• 2) PRINCIPLES AND PRACTICE OF MARKETING IN INDIA
DR. C.B MAMORIA AND R.L JOSHI AND DR. N.I MULLA
• 3) MARKETING MANAGENET
BY
S.A SHERLEKAR HIMALAYA PUBLISHING HOUSE