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Introduction to Marketing Jordan Holtzman. What is Marketing? Exchange process Management process Consumer-driven The 4 P’s Creating satisfied and loyal.

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Presentation on theme: "Introduction to Marketing Jordan Holtzman. What is Marketing? Exchange process Management process Consumer-driven The 4 P’s Creating satisfied and loyal."— Presentation transcript:

1 Introduction to Marketing Jordan Holtzman

2 What is Marketing? Exchange process Management process Consumer-driven The 4 P’s Creating satisfied and loyal consumers “Getting the right stuff to the right people.”

3 Marketing is NOT just… …“Advertising” …“Selling” …“getting inside the consumer’s head” …”building a better mousetrap” “art” “science”

4 Marketing is Everywhere Business – For Profit – Not for Profit Politics Science Research Religion

5 Some Marketing Vocabulary Needs vs. Wants Marketing Offer Market Value Value Proposition Satisfaction Marketing System Products Services Experiences De-Marketing

6 A modern Marketing System

7 Avoiding Marketing Myopia When marketing is overly focused on product features instead of benefits and market trends – Examples Music Downloads vs. CDs Trains vs. Transportation Good Marketing Managers avoid Marketing Myopia.

8 Old vs. New Marketing

9 The 4 P’s Product Price Promotion Place

10 Not all customers are created equal

11 Question du Jour Is the customer always right?


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