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introduction to   marketing




           presented by Lindsey Fair
what is
what is marketing?
                     marketing?
ok, so what is   marketing?
the official definition is...
                  “The activity, set of
                  set of institutions,
                  and processes for
                  creating,
                  communicating,
                  delivering, and
                  exchanging
                  offerings that have
                  value for customers,
                  clients, partners, and
                  society at large.”
huh?
STEP 1: determine needs
STEP 2: encourage   purchase
STEP 3: retain customers
Production
Orientation
An organization
concentrated on
what it was capable
of producing. A
quality product at a
good price would sell
itself.
Selling
 Orientation
Companies believed
the more they sold
the more profit they
would make. The
“hard sell” was the
basic philosophy of
doing business.
Marketing
Orientation
Determining the needs
and wants of a target
market and delivering
a set of satisfactions in
such a way that a
product is perceived as
better value than
competing products.”
your client




In partners find out who they are, what they do, what value do they provide
(AKA their value proposition), what needs are they filling and if they should
focus on a step 2 or step 3 strategy for radio. Present findings to class.
For next week:

1. Read pages: 4-6, 12-16, 21-
22

2. Read pages: 64, 65, Figure
3.1, 114-129 (FOR REAL)

3. Check out blog -
imcscl@blogspot.com

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Mark101 slidedeck - class 1 - intros

Editor's Notes

  1. Grab a sticky or two or three and write anything you think of when you think of marketing.
  2. Get in times of 3 – try to make these words in the official definition, hands on head when done
  3. creating, communicating, delivering, and exchanging offerings that have value for customers
  4. assess customer needs and find ways to satisfy these needs
  5. attract customers and encourage them to purchase
  6. retain customers and build loyalty goal of which is to maximize the lifetime value of the customer Open your wallets – who here has a loyalty card – for what? Why? How often? Does it work – are you loyal?
  7. Recess Assignment – go find (steal or take a picture) of an add that encourages purchase or one that retains customers. Look on self, in magazines, bus stop, bulletin boards, phone books, etc. In partners. Upon return – discuss with partner what step they are working on with that add. Does it fit the definition? Is the ad clear to you?
  8. Apples aren't naturally shiny – but customers perceive them as better quality if they are