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Coach Bentley.  The process of planning, pricing, promoting, selling and distributing ideas, goods, or services to create exchanges that satisfy customers.

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Presentation on theme: "Coach Bentley.  The process of planning, pricing, promoting, selling and distributing ideas, goods, or services to create exchanges that satisfy customers."— Presentation transcript:

1 Coach Bentley

2  The process of planning, pricing, promoting, selling and distributing ideas, goods, or services to create exchanges that satisfy customers.

3 1. Distribution 2. Financing 3. Marketing Information Management 4. Pricing 5. Product/Service Management 6. Promotion 7. Selling

4  The Idea that a business should strive to satisfy customers needs and wants while making a profit.  Make the Customer happy and you will make money!

5 1. Form Utility- Making products that consumers need and want ex.- Electronic controls on the steering wheel 2. Place Utility- having a product where customers can buy it. ex.- Amazon 3. Time Utility- Having a product available at a certain time of year or convenient time of day. ex.-Christmas Decorations

6 4. Possession Utility- involved every time legal ownership of a product changes hands. ex.- 30 Day net pay for businesses. 5. Information Utility- involves communication with the consumer. ex.- Packaging labels, nutritional labels

7  A company’s percentage of the total sales volume generated by all companies that compete in a given market.

8  The group of people most likely to buy a particular product.  VERY IMPORTANT

9  Product  Place  Price  Promotion  WHAT< WHERE<HOW<HOW MUCH?

10 Inner - Strengths - Weaknesses Outer - Opportunities - Threats

11  Company Analysis?  Customer Analysis?  Competitive Position?

12  Competition  Environmental Scan  Economic  Political  Socio-Cultural  Technological


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