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MARKETING LECTURE
NOTES
Dimitris Drosos
Lecturer
Technological Education Institute of Piraeus
Business School
Management Information System & New
Technology Lab

LOGO
CONTENTS
About Marketing
Marketing - Product
Marketing - Promotion
Marketing Strategy
E - Marketing

GeoInformation and ICT in Market Research – Marketing Notes
ABOUT
MARKETING

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING

Marketing is the process of planning
and executing the conception, pricing,
promotion, and distribution of ideas,
goods, services to create exchanges
that satisfy individual and
organizational goals
American Marketing Association

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING

‘Marketing is the management
process that identifies, anticipates
and satisfies customer requirements
profitably’
profitably’
The Chartered Institute of Marketing

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING

‘The right product, in the right place,
price’
at the right time, and at the right price’
Adcock et al

‘Marketing is the human activity
directed at satisfying human needs
and wants through an exchange
process’
process’
Kotler 1980
GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING

‘Marketing is a social and managerial
process by which individuals and
groups obtain what they want and
need through creating, offering and
exchanging products of value with
others’
others’
Kotler 1991

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING
5 Ps of Marketing
Product
Promotion
Pricing
Place (or distribution system)
People

GeoInformation and ICT in Market Research – Marketing Notes
5 Ps OF MARKETING
Price

B

Product

A

C

Promotion

5 Ps OF MARKETING

People

E

GeoInformation and ICT in Market Research – Marketing Notes

D

Place
MARKETING – MANAGEMENT PROCESS
Analysis/Audit - where are we now?
Objectives - where do we want to be?
Strategies - which way is best?
Tactics - how do we get there?
Implementation - Getting there!
Control - Ensuring arrival

GeoInformation and ICT in Market Research – Marketing Notes
WHAT DO WE MARKET
Goods
Services
Events
Experiences
Personalities
Place
Organizations
Properties
Information
Ideas and Concepts

GeoInformation and ICT in Market Research – Marketing Notes
SACCESSFUL MARKET STORY

Bill Gate

GeoInformation and ICT in Market Research – Marketing Notes
SACCESSFUL MARKET STORY

Richard Branson

GeoInformation and ICT in Market Research – Marketing Notes
SACCESSFUL MARKET STORY

HajiStelios Haji-Ioanou

GeoInformation and ICT in Market Research – Marketing Notes
MARKETING –
PRODUCT

GeoInformation and ICT in Market Research – Marketing Notes
PRODUCT
Anything that is offered
to the market for
attention, acquisition,
use or consumption that
satisfies a want or a
need

GeoInformation and ICT in Market Research – Marketing Notes
PRODUCT LIFE CYCLE
1. Product development - sales are zero,
investment costs are high
2. Introduction - profits do not exist, heavy
expense of product introduction
3. Growth - rapid market acceptance and
increasing profits
4. Maturity - slowdown in sales growth. Profits
levellevel-off. Increase outlay to compete
fall5. Decline - sales fall-off and profits drop

GeoInformation and ICT in Market Research – Marketing Notes
PRODUCT LIFE CYCLE

GeoInformation and ICT in Market Research – Marketing Notes
MARKETING –
PROMOTION

GeoInformation and ICT in Market Research – Marketing Notes
PROMOTION
Anything that is offered
to the market for
attention, acquisition, use
or consumption that
satisfies a want or a
need.

GeoInformation and ICT in Market Research – Marketing Notes
PROMOTION MIX
Personal Selling
Telemarketing
Direct Mail
Trade Fairs and Exhibitions
Commercial Television
Newspapers and Magazines
Radio
Cinema
Point of Sale Displays
Packaging
GeoInformation and ICT in Market Research – Marketing Notes
PROMOTION DECISIONS
Elements in the Communication Process
Promotions Mix
The promotions Message
Executions Style
Media Choice?
Promotional Objectives

GeoInformation and ICT in Market Research – Marketing Notes
PROMOTIONAL OBJECTIVES
To Support Sales Increases
To Encourage Trial
To Create Awareness
To Inform about a Feature or Benefit
To Remind
To Reassure
To Create an Image
To Modify Attitudes
GeoInformation and ICT in Market Research – Marketing Notes
MARKETING
STRATEGY

GeoInformation and ICT in Market Research – Marketing Notes
WHAT IS MARKETING STRATEGY
1. Systematic futuristic thinking by management
co2. Better co-ordination of company efforts
3. Development of better performance standards
for control
4. Sharpening of objectives and policies
5. Better prepare for sudden new developments
6. Managers have a vivid sense of participation

GeoInformation and ICT in Market Research – Marketing Notes
WHY MARKETING STRATEGY IS NECESSARY
1. Systematic futuristic thinking by management
co2. Better co-ordination of company efforts
3. Development of better performance standards
for control
4. Sharpening of objectives and policies
5. Better prepare for sudden new developments
6. Managers have a vivid sense of participation

GeoInformation and ICT in Market Research – Marketing Notes
MARKETING STRATEGY

GeoInformation and ICT in Market Research – Marketing Notes
MARKETING STRATEGY

GeoInformation and ICT in Market Research – Marketing Notes
STRATEGIC MARKETING PLANNING

GeoInformation and ICT in Market Research – Marketing Notes
CONTENTS OF MARKETING PLAN
Business Mission Statement
Objectives
Situation Analysis (SWOT)
Marketing Strategy
1.Target Market Strategy
2.Marketing Mix
3.Positioning
4.Product
5.Promotion
6.Price
7.Place – Distribution
8.People
9.Process

GeoInformation and ICT in Market Research – Marketing Notes
E- MARKETING

GeoInformation and ICT in Market Research – Marketing Notes
E - MARKETING
eMarketing is the process of
marketing a brand using the
Internet. It includes both direct
response marketing and indirect
marketing elements and uses a
range of technologies to help
connect businesses to their
customers.
GeoInformation and ICT in Market Research – Marketing Notes
E - MARKETING
Public Relation
Sales promotion.
Brochureware.
Direct selling.
Customer relationship marketing.
Market research.
Managing supplier relationships.
GeoInformation and ICT in Market Research – Marketing Notes
E - MARKETING

GeoInformation and ICT in Market Research – Marketing Notes
E - MARKETING

GeoInformation and ICT in Market Research – Marketing Notes
ADVANTAGES OF E - MARKETING
Selling goods and services online.
Additional customer service.
Saving overhead costs.
Exciting and sizzling means of visual impact.
Every hit could gain a potential customer.
Print and mailing costs are lower.
Reduction in order processing and handling
costs.
GeoInformation and ICT in Market Research – Marketing Notes
ADVANTAGES OF E - MARKETING
Enhanced after sales service.
Distribution of digital products via the web.
Get closer to the customer.

GeoInformation and ICT in Market Research – Marketing Notes
SACCESSFUL E - MARKET STORY

Mark Zuckerberg

GeoInformation and ICT in Market Research – Marketing Notes
For Millions of Years, In Millions of Homes

I am Breathin In

A Man Loved A Woman, A Child it was Born

I am Breathin Out

It Learned How to Hurt and It Learned How to Cry

So Slip Inside this Funky House
Dishes in the Sink

Like Humans Do

The TV s in Repair

I am Breathin In

Don’
Don’t Look at The Floor

I am Breathin Out

Don’
Don’t Go Up the Stairs

So Slip Inside this Funky House

I am Achin

Dishes in the Sink

I am Shakin

The TV s in Repair

I am Breakin
Like Humans Do

Don’
Don’t Look at The Floor

I am Breathin In

Don’
Don’t Go Up the Stairs
I am Achin
I am Shakin

I am Breathin Out
So Slip Inside this Funky House
Wiggle While You Work

I am Breakin

Anybody Can

Like Humans Do

The Rain is Pourin in on a Woman & Man

I Work & I Sleep I Dance & I am Dead
I am Eating, I am Laughin & I am Lovin my Self
We are Eating off Plates & We Kiss with our
Tongue
Like Humans Do

GeoInformation and ICT in Market Research – Marketing Notes

I am Achin
I am Shakin
I am Breakin
Like Humans Do
I am Breathin In
I am Breathin Out

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Marketing management

  • 1. MARKETING LECTURE NOTES Dimitris Drosos Lecturer Technological Education Institute of Piraeus Business School Management Information System & New Technology Lab LOGO
  • 2. CONTENTS About Marketing Marketing - Product Marketing - Promotion Marketing Strategy E - Marketing GeoInformation and ICT in Market Research – Marketing Notes
  • 3. ABOUT MARKETING GeoInformation and ICT in Market Research – Marketing Notes
  • 4. WHAT IS MARKETING GeoInformation and ICT in Market Research – Marketing Notes
  • 5. WHAT IS MARKETING Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals American Marketing Association GeoInformation and ICT in Market Research – Marketing Notes
  • 6. WHAT IS MARKETING ‘Marketing is the management process that identifies, anticipates and satisfies customer requirements profitably’ profitably’ The Chartered Institute of Marketing GeoInformation and ICT in Market Research – Marketing Notes
  • 7. WHAT IS MARKETING ‘The right product, in the right place, price’ at the right time, and at the right price’ Adcock et al ‘Marketing is the human activity directed at satisfying human needs and wants through an exchange process’ process’ Kotler 1980 GeoInformation and ICT in Market Research – Marketing Notes
  • 8. WHAT IS MARKETING ‘Marketing is a social and managerial process by which individuals and groups obtain what they want and need through creating, offering and exchanging products of value with others’ others’ Kotler 1991 GeoInformation and ICT in Market Research – Marketing Notes
  • 9. WHAT IS MARKETING 5 Ps of Marketing Product Promotion Pricing Place (or distribution system) People GeoInformation and ICT in Market Research – Marketing Notes
  • 10. 5 Ps OF MARKETING Price B Product A C Promotion 5 Ps OF MARKETING People E GeoInformation and ICT in Market Research – Marketing Notes D Place
  • 11. MARKETING – MANAGEMENT PROCESS Analysis/Audit - where are we now? Objectives - where do we want to be? Strategies - which way is best? Tactics - how do we get there? Implementation - Getting there! Control - Ensuring arrival GeoInformation and ICT in Market Research – Marketing Notes
  • 12. WHAT DO WE MARKET Goods Services Events Experiences Personalities Place Organizations Properties Information Ideas and Concepts GeoInformation and ICT in Market Research – Marketing Notes
  • 13. SACCESSFUL MARKET STORY Bill Gate GeoInformation and ICT in Market Research – Marketing Notes
  • 14. SACCESSFUL MARKET STORY Richard Branson GeoInformation and ICT in Market Research – Marketing Notes
  • 15. SACCESSFUL MARKET STORY HajiStelios Haji-Ioanou GeoInformation and ICT in Market Research – Marketing Notes
  • 16. MARKETING – PRODUCT GeoInformation and ICT in Market Research – Marketing Notes
  • 17. PRODUCT Anything that is offered to the market for attention, acquisition, use or consumption that satisfies a want or a need GeoInformation and ICT in Market Research – Marketing Notes
  • 18. PRODUCT LIFE CYCLE 1. Product development - sales are zero, investment costs are high 2. Introduction - profits do not exist, heavy expense of product introduction 3. Growth - rapid market acceptance and increasing profits 4. Maturity - slowdown in sales growth. Profits levellevel-off. Increase outlay to compete fall5. Decline - sales fall-off and profits drop GeoInformation and ICT in Market Research – Marketing Notes
  • 19. PRODUCT LIFE CYCLE GeoInformation and ICT in Market Research – Marketing Notes
  • 20. MARKETING – PROMOTION GeoInformation and ICT in Market Research – Marketing Notes
  • 21. PROMOTION Anything that is offered to the market for attention, acquisition, use or consumption that satisfies a want or a need. GeoInformation and ICT in Market Research – Marketing Notes
  • 22. PROMOTION MIX Personal Selling Telemarketing Direct Mail Trade Fairs and Exhibitions Commercial Television Newspapers and Magazines Radio Cinema Point of Sale Displays Packaging GeoInformation and ICT in Market Research – Marketing Notes
  • 23. PROMOTION DECISIONS Elements in the Communication Process Promotions Mix The promotions Message Executions Style Media Choice? Promotional Objectives GeoInformation and ICT in Market Research – Marketing Notes
  • 24. PROMOTIONAL OBJECTIVES To Support Sales Increases To Encourage Trial To Create Awareness To Inform about a Feature or Benefit To Remind To Reassure To Create an Image To Modify Attitudes GeoInformation and ICT in Market Research – Marketing Notes
  • 25. MARKETING STRATEGY GeoInformation and ICT in Market Research – Marketing Notes
  • 26. WHAT IS MARKETING STRATEGY 1. Systematic futuristic thinking by management co2. Better co-ordination of company efforts 3. Development of better performance standards for control 4. Sharpening of objectives and policies 5. Better prepare for sudden new developments 6. Managers have a vivid sense of participation GeoInformation and ICT in Market Research – Marketing Notes
  • 27. WHY MARKETING STRATEGY IS NECESSARY 1. Systematic futuristic thinking by management co2. Better co-ordination of company efforts 3. Development of better performance standards for control 4. Sharpening of objectives and policies 5. Better prepare for sudden new developments 6. Managers have a vivid sense of participation GeoInformation and ICT in Market Research – Marketing Notes
  • 28. MARKETING STRATEGY GeoInformation and ICT in Market Research – Marketing Notes
  • 29. MARKETING STRATEGY GeoInformation and ICT in Market Research – Marketing Notes
  • 30. STRATEGIC MARKETING PLANNING GeoInformation and ICT in Market Research – Marketing Notes
  • 31. CONTENTS OF MARKETING PLAN Business Mission Statement Objectives Situation Analysis (SWOT) Marketing Strategy 1.Target Market Strategy 2.Marketing Mix 3.Positioning 4.Product 5.Promotion 6.Price 7.Place – Distribution 8.People 9.Process GeoInformation and ICT in Market Research – Marketing Notes
  • 32. E- MARKETING GeoInformation and ICT in Market Research – Marketing Notes
  • 33. E - MARKETING eMarketing is the process of marketing a brand using the Internet. It includes both direct response marketing and indirect marketing elements and uses a range of technologies to help connect businesses to their customers. GeoInformation and ICT in Market Research – Marketing Notes
  • 34. E - MARKETING Public Relation Sales promotion. Brochureware. Direct selling. Customer relationship marketing. Market research. Managing supplier relationships. GeoInformation and ICT in Market Research – Marketing Notes
  • 35. E - MARKETING GeoInformation and ICT in Market Research – Marketing Notes
  • 36. E - MARKETING GeoInformation and ICT in Market Research – Marketing Notes
  • 37. ADVANTAGES OF E - MARKETING Selling goods and services online. Additional customer service. Saving overhead costs. Exciting and sizzling means of visual impact. Every hit could gain a potential customer. Print and mailing costs are lower. Reduction in order processing and handling costs. GeoInformation and ICT in Market Research – Marketing Notes
  • 38. ADVANTAGES OF E - MARKETING Enhanced after sales service. Distribution of digital products via the web. Get closer to the customer. GeoInformation and ICT in Market Research – Marketing Notes
  • 39. SACCESSFUL E - MARKET STORY Mark Zuckerberg GeoInformation and ICT in Market Research – Marketing Notes
  • 40. For Millions of Years, In Millions of Homes I am Breathin In A Man Loved A Woman, A Child it was Born I am Breathin Out It Learned How to Hurt and It Learned How to Cry So Slip Inside this Funky House Dishes in the Sink Like Humans Do The TV s in Repair I am Breathin In Don’ Don’t Look at The Floor I am Breathin Out Don’ Don’t Go Up the Stairs So Slip Inside this Funky House I am Achin Dishes in the Sink I am Shakin The TV s in Repair I am Breakin Like Humans Do Don’ Don’t Look at The Floor I am Breathin In Don’ Don’t Go Up the Stairs I am Achin I am Shakin I am Breathin Out So Slip Inside this Funky House Wiggle While You Work I am Breakin Anybody Can Like Humans Do The Rain is Pourin in on a Woman & Man I Work & I Sleep I Dance & I am Dead I am Eating, I am Laughin & I am Lovin my Self We are Eating off Plates & We Kiss with our Tongue Like Humans Do GeoInformation and ICT in Market Research – Marketing Notes I am Achin I am Shakin I am Breakin Like Humans Do I am Breathin In I am Breathin Out