SlideShare a Scribd company logo
1 of 80
Module – 1
How to make presentations
• Start with the end in mind
• Know your audience as well as possible
• Content is very important
• Keep it simple
• Outline your content
• Have a clear and sound structure
How To Speak so that People want
to listen
“Human voice is the most
powerful sound in the world”
-Julian Treasure
7 deadly sins of speaking
• Gossip
• Judging
• Negativity
• Complaining
• Excuses
• Exaggeration
• Dogmatisim
HAIL
•Honesty - to be clear and straight
•Authenticity - to be yourself
•Integrity - to be your word
•Love - to wish them well
This tool box change the way you Speak
Register Pace
Timbre Pitch
Volume Prosody
Module – 2
UNDERSTANDING
MARKETING
MANAGEMENT
What is Marketing?
• Marketing is Meeting needs Profitably
• Definition: Marketing is the activity, Set of Institutions and
process for creating, communicating , delivering and
exchanging offerings that have value for customers,
clients, partners and society at large
What is Marketed?
• Goods
• Services
• Events
• Experiences
• Persons
• Places
• Properties
• Organisations
• Information
• Ideas
Core Marketing concepts
• Need, Want , Demand
• Target markets – It is set of customers we decided to do
marketing
• Positioning
• Segmentation – It is dividing a broad target market into
subsections
• Offerings
• Brand – It is an offering from known source
• Value – It is combination of Quality, Service and Price
• Satisfaction – It defines product performance in relation to
expectations
Updating P
Marketing Mix 4 Ps
Marketing
mix
place
product
price
promotion
Modern Marketing
Management 4 Ps
Marketing
mix
people
process
programs
performance
DEVELOPING MARKETING STRATEGIES AND
PLANS
• Defining the corporate mission – Short, memorable and meaningful
• Establishing strategic business units
• Assigning resources to each strategic Business unit
• Assessing growth opportunities – Intensive growth, integrated
growth, diversified growth
Business Strategic unit Planning Process
Swot analysis
Goal
formulation
Strategy
Formulation
Program
formulation
Implementation
Feedback and
control
ASSESING MARKET
OPPURTUNITIES
AND CUSTOMER
VALUE
Components Of Marketing Information System
• Internal records – order payment cycle,sales information, data
mining and ware housing
• Marketing Intelligence System supplies the happening data
• Collecting Marketing Intelligence on Internet and
communicating and acting on marketing Intelligence
• We have to communicate and act on Marketing Intelligence
closely co-ordinating the decision making process
Analysing the Macro Environment
• Demographic Environment
• Economic Environment
• Sociocultural Environment
• Natural Environment
• Technological Environment
• Political-legal Environment
Fore casting and Demand Measurement
• Market Potential is the limit approached by market demand as
industry marketing expenditures approach infinity for an
environment
• Total market potential = Potential number of buyers *Average
quantity purchased by a buyer * Price
• To measure the market potential we can use Multiple-Factor
Index method and Market-Build up Method
• We should forecast the future demand by using intentions of
buyers, composite of Salesforce opinion and expert opinion
The market Research Process
Defining the problem and research objective
Develop the Research Plan
Collect the Information
Analyse Information
Make Decisions
Creating Customer Value and
Relationships
Traditional Organisational Chart
Top
Management
Middle Man
Frontline people
Customer
Modern Customer Oriented
Organisational Chart
Customers
Frontline people
Middle Man
Top
Management
Maximizing Customers Lifetime Value
• Customer Profitability Analysis is conducted with tools of accounting
technique called Activity Based Costing
• Don Lehmann and Sunil Gupta recommended the following formula
CLV= 𝑡=0
𝑇 𝑃𝑡−𝐶𝑡 𝑅𝑡
(1+𝑖) 𝑡 - AC
Pt = Price paid by customer at time t
Ct = Direct cost of serving customer
Rt = Probability of customer repeat buying at time t
AC = acquisition cost i= discount rate
Customer Relationship Management (CRM)
• CRM is the process of carefully managing detailed information about
individual customers ‘touch points’ to maximize loyalty
• CRM includes personalizing marketing, customer empowerment,
customers review and recommendations
• Building loyalty include interacting with customers ,Developing Loyalty
Programs
• We should utilise customer data base and manage Data Ware Houses and
Data Mining
Analysing customer markets
What influences Customers
Behaviour ?
Cultural Factors
Social Factors
Personal Factors
Six great traits that characterize all great ideas
“SUCCESS”
Simple – find a core idea
Unexpected – Grab peoples attention by surprising them
Concentrate – make sure any idea can be grasped and
remembered later
Credibility – give an idea believability
Emotion – help people see importance of idea
Stories – empower people to use idea through narratives
The buying Decision Process
Problem
Recognition
Information
Research
Evaluation of
Alternatives
Purchase
Decisions
Post purchase
Behaviour
Analysing business markets
What is organisational Buying
?
It is the decision making process by which formal
organisations establish the need for purchased
product and services and identify, evaluate and
choose among alternative brands and suppliers
Stages of Buying Process
• Problem recognition
• General Need Description and Product Specification
• Supplier Search
• Proposal Solicitation
• Supplier Selection
• Order routine Specification
• Performance Review
Managing Business to Business Customer
Relationships
• Close relationships are driven in part of supply chain
management ,early supplier involvement and purchasing
alliainces
• Four factors such as availability of alternatives, importance of
supply, complexity of supply and supply market dynamics
influence development of relation between business partners
• Business relationships have risks and opportunities involved in
it which are to be managed
• Many companies are using new technologies to improve the
way they do business with business to business customers
CHOOSING
VALUE
Bases for segmenting customers
• Geographic Segmentation – segmenting by region, city, rural
and semi urban
• Demographic segmentation – segmenting by age, family size,
gender, income, occupation, education
• Psychographic segmentation – segmenting by life style,
personality
• Behavioural Segmentation – segmenting by occasions,
benefits, user status, user rate, loyalty status, readiness stage,
attitude towards product
Major segmentation variables for business
markets
• Demographic – industry, company size, location
• Operating Variables – technology, user status, customer capabilities
• Purchasing Approaches – purchasing function organisations, power
structure, nature of existing relationship, purchasing criteria
• Situational Factors – urgency, specific application, size of order
• Personal Characteristics – buyer seller similarity, attitude towards risk,
loyalty
Competitive dynamics
• Expanding total Market Demand by attracting new customers and
increasing the usage of product
• Protecting Market Share by using strategies suitable for business such
as proactive marketing or defensive marketing
• We should choose a general attack strategy against our competitors
• Market nichers have to use innovative strategies to tap its customers
and sustain in the market against competition
Product Life Cycle
• Introduction – A period of slow sales growth as the product is
introduced in the market
• Growth – A period of rapid market acceptance and substantial
profit improvement
• Maturity – A slowdown in sales growth because the product has
achieved acceptance by most potential buyers
• Decline – Sales show a downward drift and profit erodes
Marketing in an Economic Downturn
• Explore the upside of increasing investment during
downturn
• Get close to customers in tough times as they change
what they want
• Review budget allocations at the time of economic
downturn
• Put forth the most compelling value proposition during
downturn
• Fine tune brand and product offering during downturn
Crafting the brand positioning
• Identifying Optimal Point of Difference(POD) and Point of Parity (POP)
between your product and your competitors is important in crafting
brand positioning
• Choosing PODs and POPs by using hypothetical Perpetual maps
• Brand Mantra is an articulation of the heart and soul of the brand
• Brand Mantras are short three to five word phases that capture the
irrefutable essence or sprit of brand positioning
Differentiation Strategies
• Means of differentiation : Employee differentiation
Channel differentiation
Image differentiation
Service differentiation
Emotional Branding :
Mystery adds complexity of relationships and people are
naturally drawn to know
Sensuality keeps five senses alert for sensory stimulus
Intimacy means empathy, commitment , passion
Positioning and Branding Small Business
• Creatively conduct low cost marketing research
• Focus on building one strong brands based on key associations
• Employ a well integrated set of brand element
• Create buzz and a loyal brand community
• Leverage as many secondary associations as possible
Creating brand equity
“Brand is a name, term, sign, symbol or design or
combination of them intended to identify the goods or
services of one seller or group of sellers and to
differentiate them from competitors”
Brand equity is the added value endowed on product and
services which may be reflected in the way customers
feel, think, and act
Brand Equity Models
Strong relationships
Nothing else beats it
Does it offer some thing
Can it deliver?
Does it offer me some
thing
Do I know about it Weak Relationshippresence
relevance
performance
advantage
bonding
Brand Resonance Model
Resonance
Judgements
Feelings
Performance
Imagery
Salience
Choosing Brand Element
• Memorable – How easily do customers recall and recognise
brand element
• Meaningful – Is the brand element credible?
• Likable – How aesthetically appealing is the brand element ?
• Transferable – Can the brand element can introduce new
products in same or different categories ?
• Adaptable – How adaptable and updatable is the brand
element?
• Protectable – How legally protectable is brand element ?
DESIGNING
VALUE
Setting product strategy
• Product classification: Products falls into three groups according
to durability and tangibility
• Nondurable goods are tangible goods consumed in few uses:
shampoos, soft drinks
• Durable goods are tangible goods normally survive many uses :
fridges, machine tool, clothing
• Services are intangible, inseparable, variable and perishable
products that normally require more quality control, supplier
credibility
Product and services differentiation
Product differentiation
• Form
• Features
• Customisation
• Performance quality
• Conformance quality
• Durability
• Reliability
• Repairability
Services differentiation
• Ordering Ease
• Delivery
• Installation
• Customer Training
• Customer Consulting
• Maintenance and Repair
• Returns
Product and Brand Relationship
• The Product Hierarchy stretches from basic needs to
particular items that satisfy those needs
• Product system is a group of diverse but related items
that function in a compatible manner
• Product line analysis and product line lengths are
important factors that effects the brand
• Co Branding and Integrated branding are important
features to be considered
Developing price strategies & programs
• Price is not just a number on a tag. It comes in many
forms and performs many functions
• A changing price environment let you get instant price
comparisions from thousands of vendors
• Many customers use price as a quality indicator
• Image sensitive pricing is effective with ego-sensitive
products such as perfumes, expensive cars and
designer clothing
Steps in setting a price policy
• Selecting the price objective
• Determining Demand
• Estimating Costs
• Analysing Competitors Costs, Prices and Offers
• Selecting a Pricing Method
• Selecting Final Price
Initiating and Responding to Price Changes
• Initiating price cuts
• low quality trap : The customer assumes quality is low
• Fragile market share trap : Low Price buys market share but
not loyalty
• Shallow pocket trap : Higher priced competitors match lower
prices but have longer staying power because deeper cash
revenue
• Price war trap : Competitors respond by lowering their prices
even more triggering a price war
DELIVER
VALUE
Designing & managing integrated
marketing channels
•Channel Design decision :
•Analysing Customer Needs and Wants
•Establishing objectives and Constraints
•Identifying Major Channel Alternatives
•Evaluating Major Channel Alternatives
Channel-Management Decisions
• Selecting Channel Members
• Training and Motivating Channel Members
• Evaluating Channel Members
• Modifying Channel Design and Arrangement
• Channel Modification Decision
• Global Channel Considerations
Channel Integration and Systems
• Vertical Marketing Systems : Corporate VMS
Administered VMS
Contractual VMS
• Horizontal Marketing Systems
• Integrating Multiple Channel Marketing Systems
• Similarly conflicts are also divided into Horizontal, Vertical and
Multi Channel Conflict
Managing retailing, Wholesale & logistics
• Retailing includes all the activities in selling goods directly to
final customer
• Types of Retailers :
• Store retailer – self service ,self selection ,limited services, Full
services
• Nonstore Retailer -- Direct selling ,Direct marketing, Automatic
vending, Buying Services
• Corporate Retailing and Franchising
Wholesaling
• Wholesaling include activities in selling goods or
services to those who buy for resale or business
• Merchant Wholesalers
• Full-service Wholesalers
• Limited-service Wholesalers
• Brokers and agents
• Manufacturers and retailers branches and offices
• Specalized wholesalers
Market Logistics
• Market logistics include planning the infrastructure to meet
demand then implementing and controlling the physical flow of
materials and final goods
M=T+FW+VW+S
• M= total market logistic cost of proposed system
• T= total freight cost of proposed system
• FW= total fixed warehouse cost of proposed system
• VW= total variable warehouse costs
• S= total cost of lost sales due to average delivery delay
COMMUNICATING
VALUE
Marketing Communication Mix
• Advertising
• Sales Promotion
• Events and Experiences
• Public Relations and Publicity
• Direct Marketing
• Interactive Marketing
• Word of Mouth Marketing
• Personal Selling
Developing Effective Communications
Identify target
audience
Determine
objectives
Design
communications
Select channels
Establish Budget
Decide on Media
Mix
Measure results
Manage
integrated
marketing
communication
Deciding the Marketing Communication Mix
• Advertising : pervasiveness, amplified expressiveness, control
• Sales Promotion :ability to attention getting, Incentives , invitation
• Public Relationship and Publicity : High credibility, Dramatization
• Events and Experiences : Relevant, Engaging, Implicit
• Direct and Interactive Marketing :Customized, Up to date, Interactive
• Word of Mouth Marketing : Influential, Personal, Timey
• Personal Selling : Personal interaction, Cultivation, Response
Managing mass communication
Mission
Sales goals
Advertising objective
Money
Factors to consider
Stages in PLC
Market Share and
consumer base
Message
Message generation
Message evaluation
Message execution
Media
Reach,frequency,impact
Geographic media
allocation
Measurement
Communicatio
n impact
Sales impact
Sales Promotion
• Major consumer Promotion tools : Samples, Coupons, Cash
refund offers ,Price packs, Premiums, Frequency Programs,
Prizes, Patronage awards, Free Trails, Product warranties, Tie
in Promotions, Cross Promotions
• Major Trade Promotional Tools : Price off, Allowance, Free
goods
• Major Business and Sales Force Promotion Tools : Trade
shows and Conventions, Sales Contests, Specialty Advertising
Module – 4
MOUNTAIN MAN BREWING
COMPANY(MMBC)
BRINGING THE LIGHT BRAND
• Chris Prangel a recent MBA has come to manage marketing operation
of MMBC
• Light beer sales has increased by 4% from past 6 years
• Premium beer sales has decreased by 4% from 6 years
Mountain Man :The Company and Brand
• In 2005 MMBC was generating 50 million dollars revenue and is
selling 520000 barrels of beer
• $2.25 for 12 ounce serving of draft beer and $4.99 for a pack of six in
local convention store
• Its core drinkers are blue collar men , middle to lower income men
over age 45
• Best beer of Virginia in 2005 straight 8 years
• Best Beer or Indiana
• Mountain Man has its sales in East central Region
Mountain Man situation in 2005
• Mountain Man is generating sale of $75 billion in 2005
• The share of East central region in total U.S. beer sales is 18.3%
• Light Beer has accounted to 50.4 % in 2005 compared to 29.8% in
2001
• Mountain Man is know as West Virginia Beer and is recognised for its
toughness and bitter taste
• Mountain Man has relied on Grass Root Marketing to Spread the beer
Challenges ahead for Mountain Man Light
• The variable costs per barrel of Mountain Man Light is $4.69 more
than its premium beer
• Oscar Prangel has fears that Mountain man Light can cannibalize the
sales of Mountain Man Langer
• The advertising agency estimated creating a brand awareness levels
of 60% in East central region would cost $750000 in a intensive six
month campaign.
• This is top of annual incremental SG&A which is $900000
Chris decision
• From the financial projections he had done a few week before
Mountain Man Light is expected to grow at least .25% of total market
share every year and light beer is to grow by 4% in regional market
Share
• Chris looked at projections for Mountain Man lager which he
obtained to be 2% loss till 2010
• Chris is not able to decide whether to launch Mountain Man Light or
get with some strategy to improve sales of Mountain Man Lager
The Spring Field Nor’Easters
Maximising the revenues in the Minor
League
• Larry Buckingham is Marketing Director of Nor’Easters
• Jimmy Mercante is owner and President of club and Bob Cortez the
General Manager
• Before finalising the ticket rate Buckingham wanted undergo a survey
and keep the announcement made by Falcon in mind
• Bucking ham has experience in marketing events but he is doing it for
sports for the first time
The city of Springfield
• It is the third largest city in Massachusetts and a median income of
$37,800 for a family of three
• 25% of families live below poverty line
• 60% of families has children younger than 18 years of age
Minor League Baseball
• In 2008 there were 176 minor league baseball teams in U.S
competing through 19 regional leagues
• The teams are located in small towns, sub-urbs of large cities where
player development program
• The major league teams provided funding for salaries of players and
bat ball expenses
• Spring field stadium has 3600 seats under open air arena, 2000 seat
bleachers and 1600 grand stand seats
Developing the Sample to Survey
• Sample of 5000 names taken from Springfield census tracts of
households with income above poverty line at $90 per thousand
names
• 5000 names were obtained from mailing list of four sports related
organisations at $125 to $130 per thousand names
• The sample was heavily weighted towards the house holds with
children under 18 years of age and is 64%
Competing against
Free
• Even companies with formidable assets are slow to fend off free
product competitors .The reason is the ubiquity of the profit center
structure and mind set
• Assessing the threat
• Choosing whether and when to respond
• Offer a free better
• Rethink Profit Centers
How Big a Threat is Free Competition
Immediate
Threat
• Launch free
product
immediately
Business
Model Threat
• Change
Business
Model
Minor Threat
• Monitor
Situation
Delayed
Threat
• Delay Launch
of free
product
Four Tried and True Strategies
• Up-Sell – Introduce a free basic offering to gain wide spread use and
then change for a premium version
• Cross -Sell – Sell other products that are not directly tied to free
products
• Charge third Parties – provide a free service to user and charge third
party for access to them
• Bundle – offer a free product or service with a paid offering
“Created by Sai
Srujan,RGIPT RaeBareli,
during an internship by
Prof. Sameer Mathur,IIM
LUCKNOW”

More Related Content

What's hot

Basic Marketing Management
Basic Marketing ManagementBasic Marketing Management
Basic Marketing ManagementNamita Dande
 
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...Principles of MARKETING - Managing Marketing Information to gain Customer Ins...
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...Ramil Jabbarov
 
2016 TopRight Capability Overview
2016 TopRight Capability Overview2016 TopRight Capability Overview
2016 TopRight Capability OverviewDave Sutton
 
Marketing Management Book kotler(summary)
Marketing Management Book kotler(summary)Marketing Management Book kotler(summary)
Marketing Management Book kotler(summary)Kavery Gupta
 
Selling and Negotiating an Optimal Value Price
Selling and Negotiating an Optimal Value PriceSelling and Negotiating an Optimal Value Price
Selling and Negotiating an Optimal Value PriceGlobal Partners Inc.
 
Marketing mix seminar presentation
Marketing mix seminar presentationMarketing mix seminar presentation
Marketing mix seminar presentationalok0071
 
Marketing mix the 7 p's of marketing
Marketing mix  the 7 p's of marketingMarketing mix  the 7 p's of marketing
Marketing mix the 7 p's of marketingEli Santos
 
309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1Jatins Anand
 
Unit 1(marketing in the changing world)
Unit 1(marketing in the changing world)Unit 1(marketing in the changing world)
Unit 1(marketing in the changing world)Bikash Neupane
 
Defining Marketing for the 21st Century
Defining Marketing for the 21st CenturyDefining Marketing for the 21st Century
Defining Marketing for the 21st CenturyJubayer Alam Shoikat
 
Marketing For Non Marketing People
Marketing For Non Marketing PeopleMarketing For Non Marketing People
Marketing For Non Marketing PeopleMuhammad AR
 
Core Marketing Concepts & Terms
Core Marketing Concepts & TermsCore Marketing Concepts & Terms
Core Marketing Concepts & TermsJoseph Oloba
 
Marketing Management for MBA
Marketing Management for MBAMarketing Management for MBA
Marketing Management for MBARofidah Azman
 
2014 Customer Loyalty ASEAN Conference: Loyalty Prime
2014 Customer Loyalty ASEAN Conference: Loyalty Prime2014 Customer Loyalty ASEAN Conference: Loyalty Prime
2014 Customer Loyalty ASEAN Conference: Loyalty PrimeJim D Griffin
 
Marketing Management Chapter 2 Customer Behavior
Marketing Management Chapter 2 Customer BehaviorMarketing Management Chapter 2 Customer Behavior
Marketing Management Chapter 2 Customer BehaviorDr. John V. Padua
 
Consumer behaviour1
Consumer behaviour1Consumer behaviour1
Consumer behaviour1Waqas Javed
 

What's hot (20)

Basic Marketing Management
Basic Marketing ManagementBasic Marketing Management
Basic Marketing Management
 
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...Principles of MARKETING - Managing Marketing Information to gain Customer Ins...
Principles of MARKETING - Managing Marketing Information to gain Customer Ins...
 
Ch1
Ch1Ch1
Ch1
 
2016 TopRight Capability Overview
2016 TopRight Capability Overview2016 TopRight Capability Overview
2016 TopRight Capability Overview
 
Defining marketing
Defining marketing Defining marketing
Defining marketing
 
Marketing Management Book kotler(summary)
Marketing Management Book kotler(summary)Marketing Management Book kotler(summary)
Marketing Management Book kotler(summary)
 
Selling and Negotiating an Optimal Value Price
Selling and Negotiating an Optimal Value PriceSelling and Negotiating an Optimal Value Price
Selling and Negotiating an Optimal Value Price
 
Marketing mix seminar presentation
Marketing mix seminar presentationMarketing mix seminar presentation
Marketing mix seminar presentation
 
Marketing mix the 7 p's of marketing
Marketing mix  the 7 p's of marketingMarketing mix  the 7 p's of marketing
Marketing mix the 7 p's of marketing
 
309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1
 
Unit 1(marketing in the changing world)
Unit 1(marketing in the changing world)Unit 1(marketing in the changing world)
Unit 1(marketing in the changing world)
 
Defining Marketing for the 21st Century
Defining Marketing for the 21st CenturyDefining Marketing for the 21st Century
Defining Marketing for the 21st Century
 
Marketing For Non Marketing People
Marketing For Non Marketing PeopleMarketing For Non Marketing People
Marketing For Non Marketing People
 
Core Marketing Concepts & Terms
Core Marketing Concepts & TermsCore Marketing Concepts & Terms
Core Marketing Concepts & Terms
 
Value based marketing
Value based marketingValue based marketing
Value based marketing
 
Marketing Management for MBA
Marketing Management for MBAMarketing Management for MBA
Marketing Management for MBA
 
2014 Customer Loyalty ASEAN Conference: Loyalty Prime
2014 Customer Loyalty ASEAN Conference: Loyalty Prime2014 Customer Loyalty ASEAN Conference: Loyalty Prime
2014 Customer Loyalty ASEAN Conference: Loyalty Prime
 
Marketing Management Chapter 2 Customer Behavior
Marketing Management Chapter 2 Customer BehaviorMarketing Management Chapter 2 Customer Behavior
Marketing Management Chapter 2 Customer Behavior
 
Promotion(ad)
Promotion(ad)Promotion(ad)
Promotion(ad)
 
Consumer behaviour1
Consumer behaviour1Consumer behaviour1
Consumer behaviour1
 

Similar to How to Make Effective Presentations and Manage Marketing

AJU BROEKMAN Marketing Seminar Friday 11-21-14
AJU BROEKMAN Marketing Seminar Friday 11-21-14AJU BROEKMAN Marketing Seminar Friday 11-21-14
AJU BROEKMAN Marketing Seminar Friday 11-21-14Broekman Communications
 
Marketing ppt
Marketing pptMarketing ppt
Marketing pptgeeta61
 
Efactor - Startup Marketing What You Need to Do Before You Begin
Efactor - Startup Marketing What You Need to Do Before You BeginEfactor - Startup Marketing What You Need to Do Before You Begin
Efactor - Startup Marketing What You Need to Do Before You BeginEFactor Global
 
Customer Driven Market Strategy
Customer Driven Market StrategyCustomer Driven Market Strategy
Customer Driven Market StrategyWajeehaSheereen
 
Modern Marketers Tour - Austin 2014 - v8 0a (1)
Modern Marketers Tour - Austin 2014 - v8 0a (1)Modern Marketers Tour - Austin 2014 - v8 0a (1)
Modern Marketers Tour - Austin 2014 - v8 0a (1)Sal Abramo
 
Marketing management and sales force management
Marketing management and sales force managementMarketing management and sales force management
Marketing management and sales force managementKrishna Kanth
 
INTRODUCTION OF MARKETING
INTRODUCTION OF  MARKETINGINTRODUCTION OF  MARKETING
INTRODUCTION OF MARKETINGfaizpis
 
MARKRTING
MARKRTINGMARKRTING
MARKRTINGabhiabd
 
Presentation on marketing management
Presentation on marketing managementPresentation on marketing management
Presentation on marketing managementKrishna Kanth
 
Five Steps In Building A Bullet Proof Content Marketing Strategy
Five Steps In Building A Bullet Proof Content Marketing StrategyFive Steps In Building A Bullet Proof Content Marketing Strategy
Five Steps In Building A Bullet Proof Content Marketing StrategyGreg Shuey
 
Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1Chris Lovett
 
Improving the Customer Experience With Mystery Shopping
Improving the Customer Experience With Mystery ShoppingImproving the Customer Experience With Mystery Shopping
Improving the Customer Experience With Mystery ShoppingThreads Qualitative Research
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing managementJasil Raj
 
Unit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdfUnit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdfKrishJaiswal23
 
SaaS Direct Sales Model
SaaS Direct Sales ModelSaaS Direct Sales Model
SaaS Direct Sales ModelJack Halpern
 

Similar to How to Make Effective Presentations and Manage Marketing (20)

AJU BROEKMAN Marketing Seminar Friday 11-21-14
AJU BROEKMAN Marketing Seminar Friday 11-21-14AJU BROEKMAN Marketing Seminar Friday 11-21-14
AJU BROEKMAN Marketing Seminar Friday 11-21-14
 
Marketing ppt
Marketing pptMarketing ppt
Marketing ppt
 
Efactor - Startup Marketing What You Need to Do Before You Begin
Efactor - Startup Marketing What You Need to Do Before You BeginEfactor - Startup Marketing What You Need to Do Before You Begin
Efactor - Startup Marketing What You Need to Do Before You Begin
 
Customer Driven Market Strategy
Customer Driven Market StrategyCustomer Driven Market Strategy
Customer Driven Market Strategy
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Modern Marketers Tour - Austin 2014 - v8 0a (1)
Modern Marketers Tour - Austin 2014 - v8 0a (1)Modern Marketers Tour - Austin 2014 - v8 0a (1)
Modern Marketers Tour - Austin 2014 - v8 0a (1)
 
Marketing
MarketingMarketing
Marketing
 
Marketing management and sales force management
Marketing management and sales force managementMarketing management and sales force management
Marketing management and sales force management
 
INTRODUCTION OF MARKETING
INTRODUCTION OF  MARKETINGINTRODUCTION OF  MARKETING
INTRODUCTION OF MARKETING
 
MARKRTING
MARKRTINGMARKRTING
MARKRTING
 
Presentation on marketing management
Presentation on marketing managementPresentation on marketing management
Presentation on marketing management
 
Five Steps In Building A Bullet Proof Content Marketing Strategy
Five Steps In Building A Bullet Proof Content Marketing StrategyFive Steps In Building A Bullet Proof Content Marketing Strategy
Five Steps In Building A Bullet Proof Content Marketing Strategy
 
5 choosing and attracting customers
5  choosing and attracting customers5  choosing and attracting customers
5 choosing and attracting customers
 
Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1
 
Improving the Customer Experience With Mystery Shopping
Improving the Customer Experience With Mystery ShoppingImproving the Customer Experience With Mystery Shopping
Improving the Customer Experience With Mystery Shopping
 
Marketing for entrepreneurial ventures
Marketing for entrepreneurial venturesMarketing for entrepreneurial ventures
Marketing for entrepreneurial ventures
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing management
 
Unit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdfUnit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdf
 
SaaS Direct Sales Model
SaaS Direct Sales ModelSaaS Direct Sales Model
SaaS Direct Sales Model
 
Vm sales audit
Vm sales auditVm sales audit
Vm sales audit
 

More from Bhaskar Jyoti Bora

For Mobile,think apps not adds
For Mobile,think apps not addsFor Mobile,think apps not adds
For Mobile,think apps not addsBhaskar Jyoti Bora
 
For Mobile devices ,think apps not adds
For Mobile devices ,think apps not addsFor Mobile devices ,think apps not adds
For Mobile devices ,think apps not addsBhaskar Jyoti Bora
 
TU Aman Mehta - Make the most of polarizing brands
TU Aman Mehta - Make the most of polarizing brandsTU Aman Mehta - Make the most of polarizing brands
TU Aman Mehta - Make the most of polarizing brandsBhaskar Jyoti Bora
 
Iitd ashish soni social media marketing
Iitd ashish soni social media marketingIitd ashish soni social media marketing
Iitd ashish soni social media marketingBhaskar Jyoti Bora
 
Mobile devices think apps not ads
Mobile devices think apps not adsMobile devices think apps not ads
Mobile devices think apps not adsBhaskar Jyoti Bora
 
Capstone presentation _Bhaskar bora
Capstone presentation _Bhaskar boraCapstone presentation _Bhaskar bora
Capstone presentation _Bhaskar boraBhaskar Jyoti Bora
 
Iit delhi ashish soni case analysis assignment
Iit delhi ashish soni case analysis assignmentIit delhi ashish soni case analysis assignment
Iit delhi ashish soni case analysis assignmentBhaskar Jyoti Bora
 
Branding yoga- TU Patiala Aman Mehta
Branding yoga- TU Patiala Aman MehtaBranding yoga- TU Patiala Aman Mehta
Branding yoga- TU Patiala Aman MehtaBhaskar Jyoti Bora
 
Med net.com confronts "click through" competition
Med net.com confronts "click through" competitionMed net.com confronts "click through" competition
Med net.com confronts "click through" competitionBhaskar Jyoti Bora
 
Med net.com confronts "click through" competition
Med net.com confronts "click through" competitionMed net.com confronts "click through" competition
Med net.com confronts "click through" competitionBhaskar Jyoti Bora
 
Steinway & Sons - Buying A Legend
Steinway & Sons - Buying A LegendSteinway & Sons - Buying A Legend
Steinway & Sons - Buying A LegendBhaskar Jyoti Bora
 
Why is product design important and what factors affect a good design
Why is product design important and what factors affect a good designWhy is product design important and what factors affect a good design
Why is product design important and what factors affect a good designBhaskar Jyoti Bora
 
What are the characteristics of products, how do marketers classify products
What are the characteristics of products, how do marketers classify productsWhat are the characteristics of products, how do marketers classify products
What are the characteristics of products, how do marketers classify productsBhaskar Jyoti Bora
 
How can companies use packaging, labeling, warranties, and guarantees as mark...
How can companies use packaging, labeling, warranties, and guarantees as mark...How can companies use packaging, labeling, warranties, and guarantees as mark...
How can companies use packaging, labeling, warranties, and guarantees as mark...Bhaskar Jyoti Bora
 
How can companies differentiate products
How can companies differentiate productsHow can companies differentiate products
How can companies differentiate productsBhaskar Jyoti Bora
 

More from Bhaskar Jyoti Bora (20)

Finalppt
FinalpptFinalppt
Finalppt
 
For Mobile,think apps not adds
For Mobile,think apps not addsFor Mobile,think apps not adds
For Mobile,think apps not adds
 
For Mobile devices ,think apps not adds
For Mobile devices ,think apps not addsFor Mobile devices ,think apps not adds
For Mobile devices ,think apps not adds
 
TU Aman Mehta - Make the most of polarizing brands
TU Aman Mehta - Make the most of polarizing brandsTU Aman Mehta - Make the most of polarizing brands
TU Aman Mehta - Make the most of polarizing brands
 
Iitd ashish soni social media marketing
Iitd ashish soni social media marketingIitd ashish soni social media marketing
Iitd ashish soni social media marketing
 
Final presentation
Final presentationFinal presentation
Final presentation
 
Mobile devices think apps not ads
Mobile devices think apps not adsMobile devices think apps not ads
Mobile devices think apps not ads
 
Capstone presentation _Bhaskar bora
Capstone presentation _Bhaskar boraCapstone presentation _Bhaskar bora
Capstone presentation _Bhaskar bora
 
Branding In The Digital Age
Branding In The Digital AgeBranding In The Digital Age
Branding In The Digital Age
 
Iit delhi ashish soni case analysis assignment
Iit delhi ashish soni case analysis assignmentIit delhi ashish soni case analysis assignment
Iit delhi ashish soni case analysis assignment
 
Disney Consumer Product
Disney Consumer ProductDisney Consumer Product
Disney Consumer Product
 
Branding yoga- TU Patiala Aman Mehta
Branding yoga- TU Patiala Aman MehtaBranding yoga- TU Patiala Aman Mehta
Branding yoga- TU Patiala Aman Mehta
 
Med net.com confronts "click through" competition
Med net.com confronts "click through" competitionMed net.com confronts "click through" competition
Med net.com confronts "click through" competition
 
Med net.com confronts "click through" competition
Med net.com confronts "click through" competitionMed net.com confronts "click through" competition
Med net.com confronts "click through" competition
 
Steinway & Sons - Buying A Legend
Steinway & Sons - Buying A LegendSteinway & Sons - Buying A Legend
Steinway & Sons - Buying A Legend
 
Case study_Bhaskar bora
Case study_Bhaskar boraCase study_Bhaskar bora
Case study_Bhaskar bora
 
Why is product design important and what factors affect a good design
Why is product design important and what factors affect a good designWhy is product design important and what factors affect a good design
Why is product design important and what factors affect a good design
 
What are the characteristics of products, how do marketers classify products
What are the characteristics of products, how do marketers classify productsWhat are the characteristics of products, how do marketers classify products
What are the characteristics of products, how do marketers classify products
 
How can companies use packaging, labeling, warranties, and guarantees as mark...
How can companies use packaging, labeling, warranties, and guarantees as mark...How can companies use packaging, labeling, warranties, and guarantees as mark...
How can companies use packaging, labeling, warranties, and guarantees as mark...
 
How can companies differentiate products
How can companies differentiate productsHow can companies differentiate products
How can companies differentiate products
 

Recently uploaded

Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessAggregage
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurRussian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurCall girls in Ahmedabad High profile
 
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceDamien ROBERT
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfasiyahanif9977
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Richard Ingilby
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...ChesterYang6
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setupssuser4571da
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 

Recently uploaded (20)

Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan ScheltgenHow to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail Success
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurRussian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
 
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
 
Top 5 Breakthrough AI Innovations Elevating Content Creation and Personalizat...
Top 5 Breakthrough AI Innovations Elevating Content Creation and Personalizat...Top 5 Breakthrough AI Innovations Elevating Content Creation and Personalizat...
Top 5 Breakthrough AI Innovations Elevating Content Creation and Personalizat...
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setup
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
 
The Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison KaltmanThe Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison Kaltman
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 

How to Make Effective Presentations and Manage Marketing

  • 1.
  • 3. How to make presentations • Start with the end in mind • Know your audience as well as possible • Content is very important • Keep it simple • Outline your content • Have a clear and sound structure
  • 4. How To Speak so that People want to listen “Human voice is the most powerful sound in the world” -Julian Treasure
  • 5. 7 deadly sins of speaking • Gossip • Judging • Negativity • Complaining • Excuses • Exaggeration • Dogmatisim
  • 6. HAIL •Honesty - to be clear and straight •Authenticity - to be yourself •Integrity - to be your word •Love - to wish them well
  • 7. This tool box change the way you Speak Register Pace Timbre Pitch Volume Prosody
  • 10. What is Marketing? • Marketing is Meeting needs Profitably • Definition: Marketing is the activity, Set of Institutions and process for creating, communicating , delivering and exchanging offerings that have value for customers, clients, partners and society at large
  • 11. What is Marketed? • Goods • Services • Events • Experiences • Persons • Places • Properties • Organisations • Information • Ideas
  • 12. Core Marketing concepts • Need, Want , Demand • Target markets – It is set of customers we decided to do marketing • Positioning • Segmentation – It is dividing a broad target market into subsections • Offerings • Brand – It is an offering from known source • Value – It is combination of Quality, Service and Price • Satisfaction – It defines product performance in relation to expectations
  • 13. Updating P Marketing Mix 4 Ps Marketing mix place product price promotion Modern Marketing Management 4 Ps Marketing mix people process programs performance
  • 14. DEVELOPING MARKETING STRATEGIES AND PLANS • Defining the corporate mission – Short, memorable and meaningful • Establishing strategic business units • Assigning resources to each strategic Business unit • Assessing growth opportunities – Intensive growth, integrated growth, diversified growth
  • 15. Business Strategic unit Planning Process Swot analysis Goal formulation Strategy Formulation Program formulation Implementation Feedback and control
  • 17. Components Of Marketing Information System • Internal records – order payment cycle,sales information, data mining and ware housing • Marketing Intelligence System supplies the happening data • Collecting Marketing Intelligence on Internet and communicating and acting on marketing Intelligence • We have to communicate and act on Marketing Intelligence closely co-ordinating the decision making process
  • 18. Analysing the Macro Environment • Demographic Environment • Economic Environment • Sociocultural Environment • Natural Environment • Technological Environment • Political-legal Environment
  • 19. Fore casting and Demand Measurement • Market Potential is the limit approached by market demand as industry marketing expenditures approach infinity for an environment • Total market potential = Potential number of buyers *Average quantity purchased by a buyer * Price • To measure the market potential we can use Multiple-Factor Index method and Market-Build up Method • We should forecast the future demand by using intentions of buyers, composite of Salesforce opinion and expert opinion
  • 20. The market Research Process Defining the problem and research objective Develop the Research Plan Collect the Information Analyse Information Make Decisions
  • 21. Creating Customer Value and Relationships Traditional Organisational Chart Top Management Middle Man Frontline people Customer Modern Customer Oriented Organisational Chart Customers Frontline people Middle Man Top Management
  • 22. Maximizing Customers Lifetime Value • Customer Profitability Analysis is conducted with tools of accounting technique called Activity Based Costing • Don Lehmann and Sunil Gupta recommended the following formula CLV= 𝑡=0 𝑇 𝑃𝑡−𝐶𝑡 𝑅𝑡 (1+𝑖) 𝑡 - AC Pt = Price paid by customer at time t Ct = Direct cost of serving customer Rt = Probability of customer repeat buying at time t AC = acquisition cost i= discount rate
  • 23. Customer Relationship Management (CRM) • CRM is the process of carefully managing detailed information about individual customers ‘touch points’ to maximize loyalty • CRM includes personalizing marketing, customer empowerment, customers review and recommendations • Building loyalty include interacting with customers ,Developing Loyalty Programs • We should utilise customer data base and manage Data Ware Houses and Data Mining
  • 24. Analysing customer markets What influences Customers Behaviour ? Cultural Factors Social Factors Personal Factors
  • 25. Six great traits that characterize all great ideas “SUCCESS” Simple – find a core idea Unexpected – Grab peoples attention by surprising them Concentrate – make sure any idea can be grasped and remembered later Credibility – give an idea believability Emotion – help people see importance of idea Stories – empower people to use idea through narratives
  • 26. The buying Decision Process Problem Recognition Information Research Evaluation of Alternatives Purchase Decisions Post purchase Behaviour
  • 27. Analysing business markets What is organisational Buying ? It is the decision making process by which formal organisations establish the need for purchased product and services and identify, evaluate and choose among alternative brands and suppliers
  • 28. Stages of Buying Process • Problem recognition • General Need Description and Product Specification • Supplier Search • Proposal Solicitation • Supplier Selection • Order routine Specification • Performance Review
  • 29. Managing Business to Business Customer Relationships • Close relationships are driven in part of supply chain management ,early supplier involvement and purchasing alliainces • Four factors such as availability of alternatives, importance of supply, complexity of supply and supply market dynamics influence development of relation between business partners • Business relationships have risks and opportunities involved in it which are to be managed • Many companies are using new technologies to improve the way they do business with business to business customers
  • 31. Bases for segmenting customers • Geographic Segmentation – segmenting by region, city, rural and semi urban • Demographic segmentation – segmenting by age, family size, gender, income, occupation, education • Psychographic segmentation – segmenting by life style, personality • Behavioural Segmentation – segmenting by occasions, benefits, user status, user rate, loyalty status, readiness stage, attitude towards product
  • 32. Major segmentation variables for business markets • Demographic – industry, company size, location • Operating Variables – technology, user status, customer capabilities • Purchasing Approaches – purchasing function organisations, power structure, nature of existing relationship, purchasing criteria • Situational Factors – urgency, specific application, size of order • Personal Characteristics – buyer seller similarity, attitude towards risk, loyalty
  • 33. Competitive dynamics • Expanding total Market Demand by attracting new customers and increasing the usage of product • Protecting Market Share by using strategies suitable for business such as proactive marketing or defensive marketing • We should choose a general attack strategy against our competitors • Market nichers have to use innovative strategies to tap its customers and sustain in the market against competition
  • 34. Product Life Cycle • Introduction – A period of slow sales growth as the product is introduced in the market • Growth – A period of rapid market acceptance and substantial profit improvement • Maturity – A slowdown in sales growth because the product has achieved acceptance by most potential buyers • Decline – Sales show a downward drift and profit erodes
  • 35. Marketing in an Economic Downturn • Explore the upside of increasing investment during downturn • Get close to customers in tough times as they change what they want • Review budget allocations at the time of economic downturn • Put forth the most compelling value proposition during downturn • Fine tune brand and product offering during downturn
  • 36. Crafting the brand positioning • Identifying Optimal Point of Difference(POD) and Point of Parity (POP) between your product and your competitors is important in crafting brand positioning • Choosing PODs and POPs by using hypothetical Perpetual maps • Brand Mantra is an articulation of the heart and soul of the brand • Brand Mantras are short three to five word phases that capture the irrefutable essence or sprit of brand positioning
  • 37. Differentiation Strategies • Means of differentiation : Employee differentiation Channel differentiation Image differentiation Service differentiation Emotional Branding : Mystery adds complexity of relationships and people are naturally drawn to know Sensuality keeps five senses alert for sensory stimulus Intimacy means empathy, commitment , passion
  • 38. Positioning and Branding Small Business • Creatively conduct low cost marketing research • Focus on building one strong brands based on key associations • Employ a well integrated set of brand element • Create buzz and a loyal brand community • Leverage as many secondary associations as possible
  • 39. Creating brand equity “Brand is a name, term, sign, symbol or design or combination of them intended to identify the goods or services of one seller or group of sellers and to differentiate them from competitors” Brand equity is the added value endowed on product and services which may be reflected in the way customers feel, think, and act
  • 40. Brand Equity Models Strong relationships Nothing else beats it Does it offer some thing Can it deliver? Does it offer me some thing Do I know about it Weak Relationshippresence relevance performance advantage bonding
  • 42. Choosing Brand Element • Memorable – How easily do customers recall and recognise brand element • Meaningful – Is the brand element credible? • Likable – How aesthetically appealing is the brand element ? • Transferable – Can the brand element can introduce new products in same or different categories ? • Adaptable – How adaptable and updatable is the brand element? • Protectable – How legally protectable is brand element ?
  • 44. Setting product strategy • Product classification: Products falls into three groups according to durability and tangibility • Nondurable goods are tangible goods consumed in few uses: shampoos, soft drinks • Durable goods are tangible goods normally survive many uses : fridges, machine tool, clothing • Services are intangible, inseparable, variable and perishable products that normally require more quality control, supplier credibility
  • 45. Product and services differentiation Product differentiation • Form • Features • Customisation • Performance quality • Conformance quality • Durability • Reliability • Repairability Services differentiation • Ordering Ease • Delivery • Installation • Customer Training • Customer Consulting • Maintenance and Repair • Returns
  • 46. Product and Brand Relationship • The Product Hierarchy stretches from basic needs to particular items that satisfy those needs • Product system is a group of diverse but related items that function in a compatible manner • Product line analysis and product line lengths are important factors that effects the brand • Co Branding and Integrated branding are important features to be considered
  • 47. Developing price strategies & programs • Price is not just a number on a tag. It comes in many forms and performs many functions • A changing price environment let you get instant price comparisions from thousands of vendors • Many customers use price as a quality indicator • Image sensitive pricing is effective with ego-sensitive products such as perfumes, expensive cars and designer clothing
  • 48. Steps in setting a price policy • Selecting the price objective • Determining Demand • Estimating Costs • Analysing Competitors Costs, Prices and Offers • Selecting a Pricing Method • Selecting Final Price
  • 49. Initiating and Responding to Price Changes • Initiating price cuts • low quality trap : The customer assumes quality is low • Fragile market share trap : Low Price buys market share but not loyalty • Shallow pocket trap : Higher priced competitors match lower prices but have longer staying power because deeper cash revenue • Price war trap : Competitors respond by lowering their prices even more triggering a price war
  • 51. Designing & managing integrated marketing channels •Channel Design decision : •Analysing Customer Needs and Wants •Establishing objectives and Constraints •Identifying Major Channel Alternatives •Evaluating Major Channel Alternatives
  • 52. Channel-Management Decisions • Selecting Channel Members • Training and Motivating Channel Members • Evaluating Channel Members • Modifying Channel Design and Arrangement • Channel Modification Decision • Global Channel Considerations
  • 53. Channel Integration and Systems • Vertical Marketing Systems : Corporate VMS Administered VMS Contractual VMS • Horizontal Marketing Systems • Integrating Multiple Channel Marketing Systems • Similarly conflicts are also divided into Horizontal, Vertical and Multi Channel Conflict
  • 54. Managing retailing, Wholesale & logistics • Retailing includes all the activities in selling goods directly to final customer • Types of Retailers : • Store retailer – self service ,self selection ,limited services, Full services • Nonstore Retailer -- Direct selling ,Direct marketing, Automatic vending, Buying Services • Corporate Retailing and Franchising
  • 55. Wholesaling • Wholesaling include activities in selling goods or services to those who buy for resale or business • Merchant Wholesalers • Full-service Wholesalers • Limited-service Wholesalers • Brokers and agents • Manufacturers and retailers branches and offices • Specalized wholesalers
  • 56. Market Logistics • Market logistics include planning the infrastructure to meet demand then implementing and controlling the physical flow of materials and final goods M=T+FW+VW+S • M= total market logistic cost of proposed system • T= total freight cost of proposed system • FW= total fixed warehouse cost of proposed system • VW= total variable warehouse costs • S= total cost of lost sales due to average delivery delay
  • 58. Marketing Communication Mix • Advertising • Sales Promotion • Events and Experiences • Public Relations and Publicity • Direct Marketing • Interactive Marketing • Word of Mouth Marketing • Personal Selling
  • 59. Developing Effective Communications Identify target audience Determine objectives Design communications Select channels Establish Budget Decide on Media Mix Measure results Manage integrated marketing communication
  • 60. Deciding the Marketing Communication Mix • Advertising : pervasiveness, amplified expressiveness, control • Sales Promotion :ability to attention getting, Incentives , invitation • Public Relationship and Publicity : High credibility, Dramatization • Events and Experiences : Relevant, Engaging, Implicit • Direct and Interactive Marketing :Customized, Up to date, Interactive • Word of Mouth Marketing : Influential, Personal, Timey • Personal Selling : Personal interaction, Cultivation, Response
  • 61. Managing mass communication Mission Sales goals Advertising objective Money Factors to consider Stages in PLC Market Share and consumer base Message Message generation Message evaluation Message execution Media Reach,frequency,impact Geographic media allocation Measurement Communicatio n impact Sales impact
  • 62. Sales Promotion • Major consumer Promotion tools : Samples, Coupons, Cash refund offers ,Price packs, Premiums, Frequency Programs, Prizes, Patronage awards, Free Trails, Product warranties, Tie in Promotions, Cross Promotions • Major Trade Promotional Tools : Price off, Allowance, Free goods • Major Business and Sales Force Promotion Tools : Trade shows and Conventions, Sales Contests, Specialty Advertising
  • 65. • Chris Prangel a recent MBA has come to manage marketing operation of MMBC • Light beer sales has increased by 4% from past 6 years • Premium beer sales has decreased by 4% from 6 years
  • 66. Mountain Man :The Company and Brand • In 2005 MMBC was generating 50 million dollars revenue and is selling 520000 barrels of beer • $2.25 for 12 ounce serving of draft beer and $4.99 for a pack of six in local convention store • Its core drinkers are blue collar men , middle to lower income men over age 45 • Best beer of Virginia in 2005 straight 8 years • Best Beer or Indiana • Mountain Man has its sales in East central Region
  • 67. Mountain Man situation in 2005 • Mountain Man is generating sale of $75 billion in 2005 • The share of East central region in total U.S. beer sales is 18.3% • Light Beer has accounted to 50.4 % in 2005 compared to 29.8% in 2001 • Mountain Man is know as West Virginia Beer and is recognised for its toughness and bitter taste • Mountain Man has relied on Grass Root Marketing to Spread the beer
  • 68. Challenges ahead for Mountain Man Light • The variable costs per barrel of Mountain Man Light is $4.69 more than its premium beer • Oscar Prangel has fears that Mountain man Light can cannibalize the sales of Mountain Man Langer • The advertising agency estimated creating a brand awareness levels of 60% in East central region would cost $750000 in a intensive six month campaign. • This is top of annual incremental SG&A which is $900000
  • 69. Chris decision • From the financial projections he had done a few week before Mountain Man Light is expected to grow at least .25% of total market share every year and light beer is to grow by 4% in regional market Share • Chris looked at projections for Mountain Man lager which he obtained to be 2% loss till 2010 • Chris is not able to decide whether to launch Mountain Man Light or get with some strategy to improve sales of Mountain Man Lager
  • 70. The Spring Field Nor’Easters Maximising the revenues in the Minor League
  • 71. • Larry Buckingham is Marketing Director of Nor’Easters • Jimmy Mercante is owner and President of club and Bob Cortez the General Manager • Before finalising the ticket rate Buckingham wanted undergo a survey and keep the announcement made by Falcon in mind • Bucking ham has experience in marketing events but he is doing it for sports for the first time
  • 72. The city of Springfield • It is the third largest city in Massachusetts and a median income of $37,800 for a family of three • 25% of families live below poverty line • 60% of families has children younger than 18 years of age
  • 73. Minor League Baseball • In 2008 there were 176 minor league baseball teams in U.S competing through 19 regional leagues • The teams are located in small towns, sub-urbs of large cities where player development program • The major league teams provided funding for salaries of players and bat ball expenses • Spring field stadium has 3600 seats under open air arena, 2000 seat bleachers and 1600 grand stand seats
  • 74. Developing the Sample to Survey • Sample of 5000 names taken from Springfield census tracts of households with income above poverty line at $90 per thousand names • 5000 names were obtained from mailing list of four sports related organisations at $125 to $130 per thousand names • The sample was heavily weighted towards the house holds with children under 18 years of age and is 64%
  • 76. • Even companies with formidable assets are slow to fend off free product competitors .The reason is the ubiquity of the profit center structure and mind set • Assessing the threat • Choosing whether and when to respond • Offer a free better • Rethink Profit Centers
  • 77. How Big a Threat is Free Competition Immediate Threat • Launch free product immediately Business Model Threat • Change Business Model Minor Threat • Monitor Situation Delayed Threat • Delay Launch of free product
  • 78. Four Tried and True Strategies • Up-Sell – Introduce a free basic offering to gain wide spread use and then change for a premium version • Cross -Sell – Sell other products that are not directly tied to free products • Charge third Parties – provide a free service to user and charge third party for access to them • Bundle – offer a free product or service with a paid offering
  • 79.
  • 80. “Created by Sai Srujan,RGIPT RaeBareli, during an internship by Prof. Sameer Mathur,IIM LUCKNOW”