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Marketing for NonMarketers

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Price wars and intense competition occur. ... There is intense price-cutting and many more products are withdrawn from the market ... – PowerPoint PPT presentation

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Title: Marketing for NonMarketers


1
Marketing for Non-Marketers
  • Prepared by
  • Sherif Mamdouh, MBA
  • Head of Business Development Mubasher VAS

2
What is Marketing
3
What is Marketing

  • YES No
  • Marketing is Planning
  • Marketing is Pricing
  • Marketing is Promoting
  • Marketing is Distributing

4
What is Marketing
  • Marketing is a total system of business
    activities designed to plan, price, promote and
    distribute WANT-SATISFYING products/services/ideas
    to target market to achieve organizational
    objectives

5
Evolution of Marketing
6
Modern Marketing Concept
7
Planning
8
Planning
  • Planning is deciding now what we are going to do
    later in light of current givens, including HOW
    and WHEN we are going to do it.

9
Strategic Marketing Planning
10
Situation Analysis
  • Situation Analysis covers External environmental
    forces as well as Internal Forces.
  • Situation Analysis is a critical task as it
    includes numerous subjective as well as objective
    judgments.
  • SWOT Analysis is the most Famous assessment
    Framework.

11
SWOT Analysis
12
Marketing Objectives
  • The objective is the starting point of the
    marketing plan.
  • Objectives should seek to answer the question
    'Where do we want to go?'. The purposes of
    objectives include
  • To enable a company to control its marketing
    plan.
  • To help to motivate individuals and teams to
    reach a common goal.
  • To provide an agreed, consistent focus for all
    functions of an organization.

13
Positioning Differential Advantage
  • Positioning is all about 'perception
  • Positioning Refers to a products image in
    relation to directly competitive products as well
    as other products marketed by the same company.
  • Differential Value Refers to any feature of an
    organization or brand perceived by customer to be
    desirable and different from those of the
    competition.

14
Positioning Differential Advantage
  • Trout and Ries suggest a six-step question
    framework for successful positioning
  • What position do you currently own?
  • What position do you want to own?
  • Whom you have to defeat to own the position you
    want.
  • Do you have the resources to do it?
  • Can you persist until you get there?
  • Are your tactics supporting the positioning
    objective you set?

15
Defining Target Market
  • Target Market Refers to a group of people or
    organizations at which a firm directs a marketing
    program through knowing
  • Demographics
  • Psychographicss

16
Strategic Marketing Mix
  • The marketing mix is probably the most famous
    marketing term. Also known as the Four P's, the
    marketing mix elements are

17
Price
  • Pricing Strategies

18
Place
  • A channel of distribution comprises a set of
    institutions which perform all of the activities
    utilized to move a product and its title from
    production to consumption
  • Bucklin - Theory of Distribution Channel
    Structure (1966)

19
Place
20
Product
  • Product Life Cycle

21
Product
  • 1) Introduction.
  • The product is promoted to create awareness.
  • The product has no or few competitors, a
    skimming price strategy is employed.
  • Limited numbers of product are available in few
    channels of distribution.

22
Product
  • 2) Growth.
  • Competitors are attracted into the market with
    very similar offerings.
  • Products become more profitable.
  • Advertising spend is high and focuses upon
    building brand.
  • Market share tends to be stabilized.

23
Product
  • 3) Maturity
  • Producers attempt to differentiate products and
    brands are key to this.
  • Price wars and intense competition occur.
  • Producers begin to leave the market due to poor
    margins.
  • Promotion becomes more widespread and use a
    greater variety of media.

24
Product
  • 4) Decline
  • Declining happens either because more innovative
    products are introduced or consumer tastes have
    changed.
  • There is intense price-cutting and many more
    products are withdrawn from the market

25
Promotion
  • Promotion Mix MEANS Advertising

YES
NO
26
Promotion
  • The elements of the promotions mix are

27
Personal Selling
  • Personal Selling is an effective way to manage
    personal customer relationships.
  • sales people are very expensive and should only
    be used where there is a genuine return on
    investment.
  • The sales person acts on behalf of the
    organization.

28
Sales Promotion
  • Sales promotion tend to be thought of as being
    all promotions apart from advertising.
  • BOGOF promotion, or Buy One Get One Free. Others
    include couponing, money-off promotions, free
    accessories.
  • Each sales promotion should be carefully costed
    and compared with the next best alternative.

29
Public Relations (PR)
  • Public Relations is defined as 'the deliberate,
    planned and sustained effort to establish and
    maintain mutual understanding between an
    organization and its publics'
  • It is relatively cheap, but certainly not cheap.
  • Successful strategies tend to be long-term and
    plan for all eventualities.

30
Direct Mail
  • Direct mail is very highly focused upon targeting
    consumers based upon a database.
  • The potential consumer is 'defined' based upon a
    series of attributes and similarities.
  • Direct mail is TWO WAYS communication not just a
    one way

31
Trade Fairs and Exhibitions
  • Such approaches are very good for making new
    contacts and renewing old ones.
  • The purpose is to increase awareness and to
    encourage trial.
  • They offer the opportunity for companies to meet
    with both the trade and the consumer.

32
Advertising
  • Advertising is a 'paid for' communication.
  • It is used to develop attitudes, create
    awareness, and transmit information in order to
    gain a response from the target market.
  • There are many advertising 'media' such as
    newspapers (local, national, free, trade),
    magazines and journals, television (local,
    national, terrestrial, satellite) cinema, outdoor
    advertising (such as posters, bus sides).

33
Sponsorship
  • Sponsorship is where an organization pays to be
    associated with a particular event, cause or
    image.
  • The attributes of the event are then associated
    with the sponsoring organization.

34
End of Presentation
  • Thank you very Much
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