This document provides an overview and syllabus for a Principles of Marketing course taught by Dr. Manishankar Chakraborty. The course introduces key marketing concepts like the marketing mix, customer satisfaction, and marketing environment. It will examine topics like marketing orientations, consumer behavior, and the steps in the buying decision process. Assessments include quizzes, exams, presentations, and class participation. The goal is for students to develop an understanding of fundamental marketing principles and their application to real-world business situations.
Principles of Marketing for B.Com,
Presented By
V.Gopalakrishnan.,M.Com.,MBA.,M.Phil.,PGDMM.,
Assistant Professor,
Dept of Commerce,
Kamaraj College, Tuticorin
Principles of Marketing for B.Com,
Presented By
V.Gopalakrishnan.,M.Com.,MBA.,M.Phil.,PGDMM.,
Assistant Professor,
Dept of Commerce,
Kamaraj College, Tuticorin
To achieve success in marketing, effort must be made to have glimpse of the big picture and the activities that must be performed to achieve the set marketing objectives. These set of activities are called marketing functions
The impact of consumer sales promotion on customer buying behavior with speci...Janith Chandranath
this is a research proposal namely how consumer sales promotion influence on customer buying behavior with special reference to FMCG sector in Sri Lanka.
A topic presented during the seminar-workshop on feasibility study held at Capitol University AVR room Graduate School.
The slideshow is a product of research taken from internet and various reference. I do not own all the ideas presented, I quoted it from various experts and authors in the field of marketing and entrepreneurship.
The Marketing plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
There are 7 function of fashion marketing.
This Presentation discuss the third element of Marketing Mix i.e. Place it addresses Type of Marketing Channels, Alternative Marketing Channels, Hybrid Marketing Channel, Primary Goods Channels and Channel Selection Strategy.
Role of Marketing Channels – Channel Design & Channel Conflicts Venkat. P
Role of Marketing Channels – Channel Design Decisions – Channel Management Decisions – Types, Causes & Management of Channel Conflicts (See class Notes)– Concept of Logistics. Definition & Components of Marketing Communication mix – Characteristics of Marketing Communication Mix – Developing Effective Communication mix.
The ppt covers the basics marketing principles given by Philip Kotler:
The importance of marketing
Core Marketing Concepts
Company Orientations
Segmentation-Targeting-Positioning
7p’s Framework
To achieve success in marketing, effort must be made to have glimpse of the big picture and the activities that must be performed to achieve the set marketing objectives. These set of activities are called marketing functions
The impact of consumer sales promotion on customer buying behavior with speci...Janith Chandranath
this is a research proposal namely how consumer sales promotion influence on customer buying behavior with special reference to FMCG sector in Sri Lanka.
A topic presented during the seminar-workshop on feasibility study held at Capitol University AVR room Graduate School.
The slideshow is a product of research taken from internet and various reference. I do not own all the ideas presented, I quoted it from various experts and authors in the field of marketing and entrepreneurship.
The Marketing plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
There are 7 function of fashion marketing.
This Presentation discuss the third element of Marketing Mix i.e. Place it addresses Type of Marketing Channels, Alternative Marketing Channels, Hybrid Marketing Channel, Primary Goods Channels and Channel Selection Strategy.
Role of Marketing Channels – Channel Design & Channel Conflicts Venkat. P
Role of Marketing Channels – Channel Design Decisions – Channel Management Decisions – Types, Causes & Management of Channel Conflicts (See class Notes)– Concept of Logistics. Definition & Components of Marketing Communication mix – Characteristics of Marketing Communication Mix – Developing Effective Communication mix.
The ppt covers the basics marketing principles given by Philip Kotler:
The importance of marketing
Core Marketing Concepts
Company Orientations
Segmentation-Targeting-Positioning
7p’s Framework
The slide is all about Healthcare Marketing. How you can develop marketing strategies in healthcare market.
Healthcare is booming industry & in accordance with marketing concepts it is very necessary to do marketing of services.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
2. Introducing Marketing
Marketing video of Earth-wool Insulation-
http://www.youtube.com/watch?v=BS1g09QEWVs
Marketing, Dr. Manishankar Chakraborty
3. Course overview
Need for the course
How it can assist you in your career
How this course is related to other courses
How this course is different from other courses
Approach required to understand this course
Mark oriented approach to knowledge centric approach
How the practical activities in this course is different from others
How the practical activities contribute towards learning
Importance of continuous learning
Handling wrong perceptions/myths about the subject
Career Opportunities
Marketing, Dr. Manishankar Chakraborty
4. Assessments
Objective type surprise quiz-I=5 Marks
Library based handwritten activity within deadline(questions/situations/case-
lets/secondary literature review on assigned topics)= 5 Marks
Midterm exam= 20 Marks
Objective type surprise quiz-II=5 Marks
Presentation on a topic within the deadline= 5 Marks
Report submission on the topic of presentation within the deadline= 5 Marks
Attendance= 3 Marks (Deduction of 1 Mark for 1st warning, 2 Marks for 2nd
warning and 3 Marks for 3rd warning)
Class participation= 2 Marks (To be done on the basis of the complete semester
observation)
Final Exam= 50 Marks
TOTAL = 100 Marks
Thumb rules to succeed
Punctuality, Interaction with teacher and peers , Daily
scheduling, Daily Revision, Additional reading and writing.
Marketing, Dr. Manishankar Chakraborty
5. Background
Visiting a Mall/Souq- Sharing experiences
Buying a car- Sharing experiences
Offers during Ramadan
Word-of-Mouth
Advertising in newspapers, magazines, TV
Brand endorsement- Ali Al Habsi
Marketing, Dr. Manishankar Chakraborty
6. Outcome-1
Marketing Concepts
Introduction
Marketing is an important function of business.
Marketer sells and earns profits.
Mainly deals with customer relationship and satisfaction.
Understanding needs and requirements of customer and satisfying them
by delivering quality products and services.
Marketing is not only selling and advertising, however they are parts of
marketing.
Marketing consists of product design, pricing, distribution, promotions
etc.
Marketing is used to identify, satisfy and keeping the customers.
Marketing, Dr. Manishankar Chakraborty
7. Outcome-1
Market –
Derived from latin word “Marcatus” meaning merchandise, trade or a place where
business is done.
It is a geographical area where materials are sold, but these days its possible over the
internet as well.
Marketing-
It is an act or process of purchasing and selling in the market.
OR
It is the process or technique of promoting, selling and distributing products/services.
OR
It consists of many functions involved in moving goods from producers to consumers.
Need-
It is something that is essential for living. E.g. Food, Clothing, Water and Clothing.
Want- It is something you would like to have, but it is not essential for living. E.g.
Car, Laptop, GSM phones.
Demand- It is something that you want to have. It is always backed by purchasing power.
Marketing, Dr. Manishankar Chakraborty
8. Outcome-1
Nature of Marketing
It deals with products, pricing, distribution and promotion.
It tries to satisfy and delight the customers.
It aims at creating relationship with the customers by delivering
offerings(products/services) of good quality.
It deals with the identification of customers needs and requirements and
satisfying them by suitable products/services.
Objectives of Marketing
Basic objective is to satisfy customer needs and wants.
Other objectives are as follows-
(1) Increase in consumption- To increase the consumption or usage of goods and
services a company produces.
(2) Creation of goodwill- It helps in building a good name (goodwill) by selling
quality goods at reasonable/affordable/right prices to the customer.
(3) Profit through customer satisfaction- Profit by selling goods/services which
would satisfy the customer by fulfilling their needs and wants.
(4)Providing wide choice of goods- Aims at providing a wide range of offerings.
(5) Improving the quality of life- Aims to improve the quality of life of the
customer by offering good products/services.
Marketing, Dr. Manishankar Chakraborty
9. Outcome 1
Marketing Management- It is an art and science of choosing target markets and
building profitable relation with them.
Marketing management orientation-
There are five orientations which companies implement to conduct marketing
related activities-
(1) Production concept- It states that consumers will buy whatever is available
and affordable. So, company should look into improving production and
distribution.
(2) Product concept- Consumers will buy products that offer most in
quality, performance and innovative features. Organization should focus on
product improvements.
(3) Selling concept- Consumers will not buy enough of the product unless large
scale selling and promotional effort is done. This concept is practiced for goods
which consumers do not think of buying.
(4) Marketing concept- Providing better customer satisfaction by knowing
consumer needs than competitors forms the marketing concept. Here
organizations provide the right product to the customers.
(5) Societal Marketing- It states that the organization should relate their
marketing activities for the welfare of the society.
Marketing, Dr. Manishankar Chakraborty
10. Outcome 1
Customer Satisfaction- The extent to which a product satisfies the buyers
expectations. Customers are dissatisfied when product performance falls
short of customer expectations.
De-marketing- Marketing to reduce demand. Goal is not to destroy
demand, but reduce or shift it. E.g.- De-marketing of petroleum products in
India.
Marketing offer- These are the benefits provided by the marketers to
encourage or motivate customers to purchase the products. It includes
discounts in prices, products guarantee, and warrantee, free samples etc.
Exchange- Process of obtaining a desired object from someone by offering
something in return.
Marketing environment- Factors and forces outside marketing affecting
the ability to build and maintain successful relationships with the target
customers. Marketing environment provides opportunities and threats.
Marketing, Dr. Manishankar Chakraborty
11. Outcome 1
Microenvironment- Factors close to the company that affects its ability to serve
its customers.
The main factors are-
(1) Company- To design marketing plans factors like top management, research
and development, purchase and accounts should be considered.
(2) Suppliers- They supply raw materials required for making the finished
goods/services. Organization should have good suppliers to avoid short supply
and delay in raw materials, apart from bad quality of resources/raw materials.
(3) Marketing intermediaries- They are „middle-men‟ and help companies to
promote, sell and distribute the offerings(goods/services) to final buyers. It
includes re-sellers, wholesalers, physical distribution firms, marketing services
agencies and financial intermediaries.
(4) Customers- They are of four types-
(a) Consumer markets- Individuals and households for personal consumption.
E.g. You, Me.
(b) Business markets- Buy goods-services for further production. E.g. A
restaurant, PDO.
(C) Re-seller markets- Buy goods to re-sell at a profit. E.g. Lulu, Tauba.
(d) Government market- Produce public service and transfer goods for the
common man. E.g. MoMP buying computers for Colleges of Technologies.
(e) International market- All the above markets at the international level.
Marketing, Dr. Manishankar Chakraborty
12. Outcome-1
Competitors- Companies selling same kind of products and services in the market. The company
has to deliver products/services better than the competitors.
Public- Groups having an interest in organizations ability to achieve its objectives. They are of four
types-
(a) Financial public- Companies get funds/money from them. E.g. Banks and Financial Institutions
(b) Media public- They help in promotion. E.g. Newspapers, Magazines, TV.
(C) General public- Image of the public in the mind of the common man affects buying.
(d) Internal public- Employees are internal as their motivation affects external publics like
customers and others.
Macro environment- Larger societal forces affecting micro environment. These cannot be
controlled by the company. They are of the following types-
(1) Demographic- Study of human population, their size, density, location, age, gender, occupation.
(2) Economic- Factors like purchasing power of customers, spending patterns as countries differ in
distribution of income, so marketers should note the changes.
(3) Natural- Consists of natural resources needed as inputs by marketers. They should be aware
about pollution and shortage of raw materials.
(4) Technological- New methods, techniques, technology affecting manufacturing and marketing.
(5) Political- Government laws, political system affecting individuals and organizations
(6) Cultural- Involves society‟s basic values, perceptions, preferences and behaviours.
Marketing, Dr. Manishankar Chakraborty
13. Knowledge reinforcement
Scratch your mind
Do you think marketing is important?
What would you do you if you the marketing manager of Oman Air?
Consumers and customers are the same. Comment.
Situation for analysis
Case-let
Additional Reading Links
http://en.wikipedia.org/wiki/Marketing_management
http://www.scribd.com/doc/8939448/Marketing-Management
http://www.wepapers.com/Papers/14123/Fundamentals_of_Marketing_Mana
gement
http://www.slideshare.net/BabasabPatil/marketing-management-basics-
11032256
Marketing, Dr. Manishankar Chakraborty
14. Outcome-2
Marketing Decision Making and
Consumer Behaviour
Definition
Consumer behavior is defined as the behavior that consumers show in searching for
purchasing, using, evaluating and disposing of products and services that they expect
will satisfy their needs.
E.g. Purchasing a CAR
Types of buying decision behavior- It is based on the degree of buyer involvement and the
degree of differences amongst the brands.
(1)Complex buying behavior- Buyer passes through a learning process, developing
beliefs, then attitudes about the product/service, followed by making a thoughtful choice
of purchase.
Consumers are highly involved when the product is expensive and purchased
infrequently.
E.g. Purchasing a CAR
(2) Dissonance-Reducing buying behavior- This occurs when consumers are highly
involved with an expensive, in-frequent purchase, but see little difference among brands.
Consumers sometimes experience post purchase dissonance when they notice certain
disadvantages of purchased brand or hear favourable things about brands not purchased.
(3) Habitual buying behavior- It occurs under condition of low consumer involvement and
little brand differences.
Consumers goes to the store and purchases a brand.
Continuously purchasing is because of habit, than strong brand loyalty.
Marketing, Dr. Manishankar Chakraborty
15. Outcome 2
Variety seeking buying behavior- Consumer switches brands frequently.
Competing firms encourages variety amongst consumers through lower prices, coupons, free
samples, advertising for trying new choices.
Steps in buying decision behavior
It has following five stages-
(1) Need recognition- Buying process starts with need recognition, where buyer recognizes a
problem/need.
Marketers should research consumers to find out what kind of needs or problems arise.
(2) Information search- Interested consumer search for product related information from
personal, commercial and public sources.
Consumer‟s awareness and knowledge of available brand increases.
(3) Evaluation of alternatives- Consumer uses information to evaluate alternative brand in the
choice set.
(4) Purchase decision- Consumer ranks brands and form purchase intention.
Consumers purchase decision will be to buy the most preferred brand.
Post-purchase decision- Customer purchases the products and takes further action based on their
satisfaction or dissatisfaction.
Marketing, Dr. Manishankar Chakraborty
16. Knowledge reinforcement
Scratch your mind
Give one example each with explanation for different types of
buying decision behavior from your own life.
What is the process followed by you while buying a car?
What is dissonance? How can you prevent buying dissonance?
Situation for analysis
Case-let
Additional Reading Links
http://en.wikipedia.org/wiki/Consumer_behaviour
http://www.newagepublishers.com/samplechapter/000160.pdf
http://www.managementstudyguide.com/what-is-consumer-behaviour.htm
http://www.swlearning.com/web_resources/consumer.htm
Marketing, Dr. Manishankar Chakraborty