Role of Marketing Sell what a business makes Manage a business’s brand Research Development Sales Distribution Advertising Promotion.

Slides:



Advertisements
Similar presentations
3.04 Position products/services to acquire desired business image.
Advertisements

Producing and Marketing Goods and Services
Part A 3.04 Position products/services to acquire desired business image. Marketing.
Branding & Positioning
Branding Logos, Slogans, and Brand Strategies. Did you know? The Haagen Dazs name is made up of two completely fabricated words! Created to convey a.
3.02 Position products/services to acquire desired business image. Marketing.
Product Planning Ch. 30 ME. Product Planning, Mix and Development Section 30.1.
MARKETING MIX.
Ms. Smith Marketing.  Marketing is the process of planning, pricing, promoting, selling, and distributing ideas to create exchanges that satisfy customers.
 On the front of your graphic organizer, answer the following BRO Time Questions using the textbook: In your own words define the term brand Using the.
Chapter 5 Lecturer – Md Shahedur Rahman Advertising Management.
Marketing 1.Purpose and Roles of Marketing 2.The Product Life Cycle 3.The Four P’s of Marketing 4.The Two C’s of Marketing.
Product Planning, Mix, and Development
 Product planning involves making decisions about the features and services of a product or idea that will help sell that product.  The product mix.
SELLINGSELLING. Advertising THE ART OF SELLING Product, Place, Price & Promotion We need to always keep in the back of our mind the goals and tasks of.
Chapter 30 product planning Section 30.1 Product Development
+ Developing Print Advertisements Introduction to Business & Marketing.
Chapter 11 MR /14/2015MR2100 (C) Paul Tilley
Chapter 13 Marketing in Today’s World
Marketing Diet Rite Cola 1 st diet cola ever made in 1958 Why don’t we drink it? In 2005, coke spent $400 million on advertising.
What is “branding”?  A business will create a brand for a product to give it a distinct identity.  Safeguards against consumers confusing the product.
Elements of Advertisements 7 th Grade 2.10 To understand the key elements of a print advertisement and the intended effects on an audience To create an.
Irwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 1-1.
Factors that Contribute to the Selection of Products/Services in Small Business.
Chapter 8: Marketing The Role and Impact of Marketing
Product Planning Sustaining Product Sales Chapter 30.2.
Section 30.2 Sustaining Product Sales
©2013 Cengage Learning. All Rights Reserved. Business Management, 13e Pricing and Promotion The Business Buying Decision Pricing and.
Marketing Day 4 Product Branding/ Promotion. Branding Game Let's see how we do!
> > > > Promotion and Pricing Strategies Chapter 14.
Brands.
Section 30.1 Product Development Chapter 30 product planning Section 30.2 Sustaining Product Sales.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
What is Promotion? There are four basic types of promotion: 1) Advertising 2) Sales Promotion 3) Personal Selling 4) Publicity.
CHAPTER 13 MARKETING in TODAY’S WORLD The Basics of Marketing Market A market is a group of customers who share common wants and needs, and who have.
Chapter 8 Marketing Your Product. Marketing Presenting your business to customers to communicate the value of your product or service.
Competitive Images & The Role of Marketing Tuesday, November 23.
Chapter Objectives Understand steps of effective advertising management. Recognize when to use in-house advertising and when to employ an external agency.
Marketing in Today's World Unit 4, Chapter 13 Page
Product/Service Planning
Unit 10 Product and Service Management Chapter 30Product Planning Chapter 31Branding, Packaging, and Labeling Chapter 32Extended Product Features.
Corporate Image and Brand Management Chapter Chapter Objectives 1.Understand the nature of a corporation’s image and why it is important. 2.Develop.
Chapter 30 product planning Section 30.1 Product Development
PRODUCT LIFE CYCLE Chapter 30 Notes.
Part A 3.04 Position products/services to acquire desired business image. Marketing.
3.02 Position products/services to acquire desired business image.
BRANDING.
Chapter 8- Marketing Mr. Singh.
Chapter 7 Branding decisions Learning objectives:
Retail Communication Mix
Chapter 8: Marketing The Role and Impact of Marketing
Marketing.
Part 4 Product Dynamics Chapter 22 Branding. Part 4 Product Dynamics Chapter 22 Branding.
Introduction to Marketing
Promotion and the Promotional Mix
If you know this info, you will pass the Promo portion of the EOPA!
The Venture Plan An Introduction.
If you know this info, you will pass the Promo portion of the EOPA!
Marketing 11/12.
Ch. 13 Marketing in Today’s World
Elements of Advertisements
Competition is Everywhere!
Product life cycle JUNIOR CYCLE
Product LIFE CYCLE & Positioning #2
Chapter 13 Marketing in Today’s World
Chapter 30 Product Planning.
Chapter 17 Promotional Concepts and Strategies
EVOLUTION OF THE MARKETING CONCEPT
The Role & Impact of Marketing (Text 229 – 238)
The Venture Plan An Introduction.
Presentation transcript:

Role of Marketing Sell what a business makes Manage a business’s brand Research Development Sales Distribution Advertising Promotion

Without Marketing… The Importance of Marketing…  Consumers wouldn’t know what goods and services are available and not much would be sold.  Producers use marketing to sell products to stores  Stores use it to sell to consumers  Service businesses use it to let people know where they are and what they offer  Politicians use it to spread their ideas

 The image businesses spend hundreds of thousands of dollars to create  3 things are part of the image: ◦ Brand name ◦ Logo/trademark ◦ Slogan

 A word or words that a business uses to distinguish its products from competitors’ products.  This is how a company is identified. ◦ McDonalds ◦ Apple ◦ Samsung ◦ Ford ◦ Roots ◦ Nike

 Some brand names have replaced product names ◦ Kleenex has replaced Tissue ◦ Other examples???

 Would you ever consider tattooing a brand to receive any type of discount? Why or why not?  Evaluate the marketing strategy of businesses offering these services – what is their goal? How does this benefit their company?  Should businesses be allowed to pitch such ideas/create advertisements for these services? Why or why not? Explain.

 The special symbol that is associated with a product.  Helps the product compete for consumer awareness.

 Monogram – company’s initials or combination of initials and numbers

 Visual symbols – Line drawings of people, animals, or things. Directly associated with the brand.

 Abstract symbol – Shapes that carry a visual message but do not represent actual things.

 A short catchphrase that is attached to the company name and logo  Usually 7 words or less

 Colours do not tend to change once they have been established with a brand and logo  This is so consumers become familiar with the brand and can identify the product

 1. Find 10 brand logos online. Copy and paste into MS Word. Identify whether the logo is a monogram, visual, or abstract and what you like about each. Some logos will fit into more than 1 category.  2. Create your own brand for your initials. Include and explain how you used the 3 components of branding ( brand name, logo, slogan ).  Create a slogan for 2 causes from the following list. You can also come up with your own topic. ◦ Drinking and Driving ◦ Smoking ◦ Discrimination ◦ Texting while driving ◦ Bullying ◦ Speeding

CriteriaExceedsMeetsApproachingNeeds more effort ContentHas successfully completed 3 assignments with detail and thought. Has completed 3 assignments. Detail could be improved in 2- 3 areas. Has completed 2 assignments. Details are brief. Has completed fewer than 2 assignments. All assignments attempted but incomplete. EffortHas put forth an excellent effort which is demonstrated in quality of assignment and use of class time. Has put in a good amount of effort. Quality of assignment could be improved in 1- 2 areas. Mostly uses class time well. More effort could be made. Needs improvement in 3-5 areas. Could make better use of class time. More effort needed. Must make better use of class time. Consistently off task.