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Irfaan Meera, Assistant Professor, SACAS
Marketing
(Bridge Course for School of Commerce & Management
2021-24 Batch)
By Irfaan Meera . E
Assistant Professor
Dept of Business Administration
Irfaan Meera, Assistant Professor, SACAS
What is Marketing??
2
Irfaan Meera, Assistant Professor, SACAS 3
Irfaan Meera, Assistant Professor, SACAS
What is Marketing?
4
Marketing is engaging customers and managing profitable customer relationships.
Attract new customers Satisfying current customers
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
5
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
6
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
7
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
8
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
9
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
10
Irfaan Meera, Assistant Professor, SACAS
Examples of Successful Marketing strategies
11
Irfaan Meera, Assistant Professor, SACAS
Example of Marketing strategies failure
12
Irfaan Meera, Assistant Professor, SACAS
Example of Marketing strategies failure
13
➢ Indians have always associated a four-wheeler with luxury. In fact, this
mindset is so ingrained in consumers that they treat a car as a status
symbol.
➢ The most attractive feature about the Nano, its price, becomes the biggest
problem. The image of the cheapest car in India made the Nano seem
undesirable to its targeted audience.
➢ After declining sales for a few years, the production of the Nano was
stopped in 2019. It remains one of the biggest failures of the Tata Group.
Irfaan Meera, Assistant Professor, SACAS
Marketing - Definition
14
Marketing
➢ is the process
➢ by which companies provide solutions (Products, Services, Experiences)
➢ To customer problems ( Needs, wants & Demands)
➢ and create customer value and satisfaction
➢ in order to capture value from customers in return.
Irfaan Meera, Assistant Professor, SACAS 15
Needs, wants & Demands
Irfaan Meera, Assistant Professor, SACAS 16
Exchange of value
Irfaan Meera, Assistant Professor, SACAS 17
What is Marketing ?
General Myths about marketing
➢ Myth No 1
Marketing and Sales/Advertising are
same thing
Irfaan Meera, Assistant Professor, SACAS 18
What is Marketing ?
General Myths about marketing
➢ Myth No 2
Everyone is your customer
Irfaan Meera, Assistant Professor, SACAS 19
Marketing Mix or 4 P’s of Marketing
Irfaan Meera, Assistant Professor, SACAS 20
Product
➢ A product is the heart of the marketing mix
➢ A product is a commodity, produced or built to satisfy the need of an
individual or a group.
➢ The product can be intangible or tangible as it can be in the form of services
or goods.
Irfaan Meera, Assistant Professor, SACAS 21
Price
➢ Pricing the product or service is
one of the most important
business decisions you will
make.
Irfaan Meera, Assistant Professor, SACAS 22
Place
➢ Place or physical distribution
deals with the transfer of
ownership of the product from
the manufacturer to the
customer.
➢ We should position and
distribute our product in a
place that is easily accessible
to potential buyers/customers.
Irfaan Meera, Assistant Professor, SACAS 23
Promotion
➢ It is the most expensive and essential components of the marketing mix, that
helps to grab the attention of the customers and influence them to buy the
product.
Irfaan Meera, Assistant Professor, SACAS
Marketing – In Short
24
Marketing is
➢ Putting the right product, in right place, on the right
price, at the right time.
Irfaan Meera, Assistant Professor, SACAS
Google’s Free Certificate Digital Marketing Course
25
https://learndigital.withgoogle.com/digitalgarage/course/digital-marketing
Irfaan Meera, Assistant Professor, SACAS
THANK YOU
26

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Marketing Management PPT.pdf

  • 1. Irfaan Meera, Assistant Professor, SACAS Marketing (Bridge Course for School of Commerce & Management 2021-24 Batch) By Irfaan Meera . E Assistant Professor Dept of Business Administration
  • 2. Irfaan Meera, Assistant Professor, SACAS What is Marketing?? 2
  • 3. Irfaan Meera, Assistant Professor, SACAS 3
  • 4. Irfaan Meera, Assistant Professor, SACAS What is Marketing? 4 Marketing is engaging customers and managing profitable customer relationships. Attract new customers Satisfying current customers
  • 5. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 5
  • 6. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 6
  • 7. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 7
  • 8. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 8
  • 9. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 9
  • 10. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 10
  • 11. Irfaan Meera, Assistant Professor, SACAS Examples of Successful Marketing strategies 11
  • 12. Irfaan Meera, Assistant Professor, SACAS Example of Marketing strategies failure 12
  • 13. Irfaan Meera, Assistant Professor, SACAS Example of Marketing strategies failure 13 ➢ Indians have always associated a four-wheeler with luxury. In fact, this mindset is so ingrained in consumers that they treat a car as a status symbol. ➢ The most attractive feature about the Nano, its price, becomes the biggest problem. The image of the cheapest car in India made the Nano seem undesirable to its targeted audience. ➢ After declining sales for a few years, the production of the Nano was stopped in 2019. It remains one of the biggest failures of the Tata Group.
  • 14. Irfaan Meera, Assistant Professor, SACAS Marketing - Definition 14 Marketing ➢ is the process ➢ by which companies provide solutions (Products, Services, Experiences) ➢ To customer problems ( Needs, wants & Demands) ➢ and create customer value and satisfaction ➢ in order to capture value from customers in return.
  • 15. Irfaan Meera, Assistant Professor, SACAS 15 Needs, wants & Demands
  • 16. Irfaan Meera, Assistant Professor, SACAS 16 Exchange of value
  • 17. Irfaan Meera, Assistant Professor, SACAS 17 What is Marketing ? General Myths about marketing ➢ Myth No 1 Marketing and Sales/Advertising are same thing
  • 18. Irfaan Meera, Assistant Professor, SACAS 18 What is Marketing ? General Myths about marketing ➢ Myth No 2 Everyone is your customer
  • 19. Irfaan Meera, Assistant Professor, SACAS 19 Marketing Mix or 4 P’s of Marketing
  • 20. Irfaan Meera, Assistant Professor, SACAS 20 Product ➢ A product is the heart of the marketing mix ➢ A product is a commodity, produced or built to satisfy the need of an individual or a group. ➢ The product can be intangible or tangible as it can be in the form of services or goods.
  • 21. Irfaan Meera, Assistant Professor, SACAS 21 Price ➢ Pricing the product or service is one of the most important business decisions you will make.
  • 22. Irfaan Meera, Assistant Professor, SACAS 22 Place ➢ Place or physical distribution deals with the transfer of ownership of the product from the manufacturer to the customer. ➢ We should position and distribute our product in a place that is easily accessible to potential buyers/customers.
  • 23. Irfaan Meera, Assistant Professor, SACAS 23 Promotion ➢ It is the most expensive and essential components of the marketing mix, that helps to grab the attention of the customers and influence them to buy the product.
  • 24. Irfaan Meera, Assistant Professor, SACAS Marketing – In Short 24 Marketing is ➢ Putting the right product, in right place, on the right price, at the right time.
  • 25. Irfaan Meera, Assistant Professor, SACAS Google’s Free Certificate Digital Marketing Course 25 https://learndigital.withgoogle.com/digitalgarage/course/digital-marketing
  • 26. Irfaan Meera, Assistant Professor, SACAS THANK YOU 26