Title: The MARKETING MANAGEMENT PROCESS
1The MARKETING MANAGEMENT PROCESS
2The Evolution of Marketing
- Simple trade orientation
- Product orientation (1920s)
- Sales orientation (1930s)
- Marketing department orientation (1950s)
- Marketing company orientation (1960)
- Societal marketing orientation (1990s)
3The Marketing Concept
Total company effort (integration)
Customer Satisfaction
The Marketing Concept
Profit
4Differences in Outlook between Marketing and
Production-Oriented Management(p. 35)
5To understand the customer, take the customers
point of view.
6Marketing Management Process
- Planning marketing activities
- Directing the implementation of the plan
- Controlling the plan
7Marketing Strategy Planning
- Target Marketing
- Rifle Approach
- Shotgun Approach
- Marketing Mix
- Product
- Place
- Promotion
- Price
8Marketing Mix - Product
- Physical good or Service
- Features
- Quality level
- Accessories
- Installation
- Instructions
- Warranty
- Product lines
- Packaging
- Branding
9Marketing Mix - Place
- Objectives
- Channel type
- Market exposure
- Intermediaries
- Kinds/location of stores
- Transportation
- Storage
- Service levels
- Recruitment of internediaries
- Managing channels
10Marketing Mix - Promotion
- Objectives
- Promotional Blend
- Salespeople
- Advertising
- Sales Promotion
- Publicity
11Marketing Mix - Price
- Objectives
- Flexibility
- Level over product life cycle
- Geographic terms
- Discounts
- Allowances
12The needs of a target market often determine the
nature of the appropriate marketing mix.
13Marketing Plan
- The Marketing Mix
- What Company resources
- Expected Results
14Marketing Programrefer to p. 49