1. Business English Upper Intermediate U1S09 John Silberstein johnsilb@aol.com

2. Agenda This term’s subject matter Marketing The 4 Ps Products Branding Planning Advertising Market Research Market Segmentation and Consumer Behavior Industrial Marketing International Marketing Marketing ethics and law Sales and Distribution Business Plans - Continued Grammar Focus – Modal Verbs Metaphors, Idioms and Similes Meetings CV’s Misc. stuff

3. Management What is Marketing?

4. Marketing Marketing is the social process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others. Marketing is the management process that identifies, anticipates and satisfies customer requirements profitably. Marketing is essentially about marshalling the resources of an organization so that they meet the changing needs of the customer on whom the organization depends.

5. Marketing The 4 P’s of Marketing: Product Price Place Promotion This is also known as the Marketing Mix What are the key components of Marketing?

6. Marketing Why is the Product important? What are the key aspects you need to be aware of concerning your Product? The 4 Ps of Marketing: Product

7. Marketing Brand name, Functionality, Styling, Quality, Safety, Packaging, Support, Warranty, Accessories/Add-ons The 4 Ps of Marketing: Product

8. Marketing What is important about the Price? Pricing strategy, Suggested Retail Price, Volume discounting, Cash and Early Payment Discounts, Bundling, Price Flexibility, Price Discrimination. The 4 Ps of Marketing: Price

9. Marketing Place (also known as distribution) Distribution is about getting the product to the customer. Distribution Channels Market Coverage Specific Channel Members Inventory Management Warehousing/Distribution Centers Order Processing Transportation Reverse Logistics The 4 Ps of Marketing: Place

10. Marketing Promotion In the context of the marketing mix, promotion represents the various aspects of marketing communication; the communication about the product with the goal of generation a positive customer response. Promotional Strategy (push, pull), Advertising, Personal Selling, Public Relations & Publicity, Marketing Communication budget. The 4 Ps of Marketing: Promotion

11. Marketing: The 4 Ps Brand name, Functionality, Styling, Quality, Safety, Packaging, Support, Warranty, Accessories/Add-ons Do all products use all of these attributes? Which of these attributes do you consider to be the most important? Product: Brand Name

12. Marketing: The 4 Ps Of the 9 attributes of a Product, Brand Name is the most important! What are some Famous brands and what makes them famous? Product: Brand Name

13. Marketing: The 4 Ps Brand name: iPhone Functionality: Lots of functionality: Unique, first in market user interface, Phone, calendar, MP3 player, games, internet, chat and many more. Styling: Unique styling. Quality: High quality, great screen, metal body, feels good in your hand. Safety: overall, not a huge issue, but it has outlet for Hands free/Blue tooth headset, battery will not explode. Packaging: Interesting in store packaging. Support: lots of on-line help and Apple toll free number, plus store support from phone carrier. Warranty: available warranty Accessories/Add-ons: Tons of accessories! Product

14. Marketing : The 4 Ps Break into groups of 3 Choose a Product Identify the 9 attributes of the product and be prepared to discuss what decisions may have been made about the attributes as they relate to the product. Product

15. Marketing: The 4 Ps Brand name, Functionality, Styling, Quality, Safety, Packaging, Support, Warranty, Accessories/Add-ons Product