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Marketing Winter 20001 INTRODUCTION SESSION 1 Tuesday, March 28 2000
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Marketing Winter 20002 SESSION OUTLINE Presentations Discussion of course outline Definitions of modern marketing Marketing and developing economies Marketing and monopolies Integrated marketing
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Marketing Winter 20003 ASSIGNMENTS 2 short essays: personal view of marketing concepts applied to your organization situation (40%) Final exam (60%)
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Marketing Winter 20004 COURSE STRUCTURE Market Analysis –individual analysis of buyer behavior –markets and competition –segmentation and targetting Operational Marketing –marketing mix –product life cycle and marketing strategies
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Marketing Winter 20005 DEFINITIONS OF MODERN MARKETING Theories and literature (the science of marketing) Commercial activities of an organization (the marketing function) –Strategy –Tactics Managerial approach (marketing concept)
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Marketing Winter 20006 DEFINITION Marketing concerns an organization’s activities which form the link with its markets, customers, final users, distributors. Marketing allows the exchange of goods, services and ideas, in a way that they satisfy user’s needs and wants and provide a reasonable profit to the company. It also means doing things better than the competition.
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Marketing Winter 20007 EVOLUTION STAGES Production approach Sales approach Marketing Approach
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Marketing Winter 20008 Types of Marketing Database marketing Network marketing Industrial companies High tech companies Joint or foreign-owned companies Interaction marketing RELATIONAL Companies with more sophisticated use of technology TRANSACTIONAL Transaction marketing
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Marketing Winter 20009 MARKETING AND DEVELOPMENT Lack of infrastructure High costs Demand exceeds supply But, … –marketing is not only selling –marketing helps educating
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Marketing Winter 200010 MARKETING AND MONOPOLIES No competition Price set by the company But, … –competition is more than direct rivals –deregulation
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Marketing Winter 200011 INTEGRATED MARKETING Market Needs Demand Buyers Segments
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Marketing Winter 200012 INTEGRATED MARKETING Market Data - internal - secondary - primary M.I.S. Needs Demand Buyers Segments
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Marketing Winter 200013 INTEGRATED MARKETING Market M.I.S.Organization Analysis Objectives Planning Implementation Control Needs Demand Buyers Segments Data - internal - secondary - primary
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Marketing Winter 200014 INTEGRATED MARKETING Market Needs Demand Buyers Segments Data - internal - secondary - primary M.I.S.Organization P P P P Marketing Mix Analysis Objectives Planning Implementation Control
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Marketing Winter 200015 INTEGRATED MARKETING Market Needs Demand Buyers Segments Data - internal - secondary - primary M.I.S.Organization Analysis Objectives Planning Implementation Control P P P P Marketing Mix
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Marketing Winter 200016 NEXT SESSION Individual buying behaviours Influencing variables Decision-making process The buying centre in the organizations Case discussion: « Helen Subscribes to Electricity » Readings
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