Part 1 Understanding Marketing Management Resource Person - - PowerPoint PPT Presentation
Part 1 Understanding Marketing Management Resource Person - - PowerPoint PPT Presentation
Part 1 Understanding Marketing Management Resource Person MATHISHA HEWAVITHARANA MBA (Col),BBA Sp.Mktng (Col), PPG DIP. In Mktng (UK), MCIM (UK), Chartered Marketer (UK), Practicing Marketer (SL), ACMA, CGMA CIMA (UK), DBF (IBSL), AIB
MATHISHA HEWAVITHARANA MBA (Col),BBA Sp.Mktng (Col), PPG DIP. In Mktng (UK), MCIM (UK), Chartered Marketer (UK), Practicing Marketer (SL), ACMA, CGMA CIMA (UK), DBF (IBSL), AIB (IBSL), MSLIM(SL), Head of Branches - Siyapatha Finance PLC
Resource Person
You Your Name Work Place Work Profile Academic & Professional Qualifications Other Details
Self Introduction
Chapter Contents
- Marketing Concept
- Company Orientation towards Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces
What Is Marketing?
Is it a Theory ? Is it a Concept ? Is it Selling Goods & Services ? Is it creating unnecessary Needs ? Is it Done by You ?
01
What Is Marketing?
Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
What Is Marketing?
Marketing is the systematic management process that is responsible for identifying, anticipating and satisfying customer needs and wants competitively, effectively and profitably in a socially acceptable manner.
What Is Marketing?
Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.
What Is Marketing Management?
Marketing management is the art and science
- f choosing target markets
and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
NC 03
What Is Marketed?
- Goods
- Services
- Events
- Experiences
- Places
NC 04
What Is Marketed?
- Persons
- Properties
- Organizations
- Information
- Ideas
NC 05
Markets
- Marketplace
- Marketspace
- Meta-Market
Demand States
- Negative
(Carbonated Drinks)
- Nonexistent
(Medicine)
- Latent
(Space Travelling)
- Declining
(Manual Camera)
- Irregular
(Christmas Decorations)
- Full
(Mobile Phones)
- Overfull
(Motor Cars – Alto / Quid)
- Unwholesome
(Alcohol / Cigarettes)
Structure of Flows in Modern Exchange Economy
A Simple Marketing System
Key Customer Markets
- Consumer markets
- Business markets
- Global markets
- Nonprofit / Government markets
Chapter Contents
- Marketing Concept
- Evolution of Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces
Evolution of Marketing
Evolution of Marketing
The Holistic Marketing Concept The Production Concept The Product Concept The Selling Concept The Marketing Concept
The Production Concept
Evolution of Marketing
Beginning of Capitalism to Mid 1950’s
Henry Ford Model “T” $ 950 NC 07
The Production Concept
Evolution of Marketing
The Product Concept
Evolution of Marketing
1950’s – 1960’s
NC 08
Product Concept
Evolution of Marketing
The Selling Concept
Evolution of Marketing
1960’s – 1970’s
NC 09
Sales Concept
Evolution of Marketing
The Marketing Concept
Evolution of Marketing
NC 10
Marketing Concept
Evolution of Marketing
Evolution of Marketing
Holistic Marketing Concept
Hotistic Marketing Concept
Evolution of Marketing
Company Ori rientations
- Customer orientation
- Competitor orientation
Lim imitations of f Mark rketing Concept
- Difficulty in Accurate identification of real needs
- Internal business capacities & constraints
- Social & Environmental constrains
NC 11
Marketing Environment
- Internal Environment
- External Environment
- Micro environment
- Macro environment
Macro Micro
Marketing Environment
Internal Environment NC 12
Marketing Environment - Internal
- Shareholders
- General Employees
- Managerial Employees
- Departments
- Structure / Policies / Culture
NC 13
Chapter Contents
- Marketing Concept
- Evolution of Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces
Marketing Environment – External (Micro)
- Customers
- Distributors
- Intermediaries
- Financial Service Providers
- Competitors
NC 14 A NC 14 B
Chapter Contents
- Marketing Concept
- Evolution of Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces
Marketing Environment – External (Macro)
- Political Environment
- Economical Environment
- Social & Cultural Environment
- Technological Environment
- Ecological Environment
- Legal Environment
Marketing Environment – External (Macro)
- Taxation
- Political Philosophies
- Political Based Relationships
- Political Structure / Stability
POLITICAL ENVIRONMENT
Marketing Environment – External (Macro)
- Interest Rates
- Exchange Rates
- Inflation
- Level of Employment
ECONOMICAL ENVIRONMENT
Marketing Environment – External (Macro)
- Social Perceptions
- Cultural values
- Religious Believes
- attitudes
NC 15
SOCIAL & CULTURAL ENVIRONMENT
Marketing Environment – External (Macro)
- Production Technology
- Communication Technology
- CRM
- Data Base Management
NC 16
TECHNOLOGICAL ENVIRONMENT
Marketing Environment – External (Macro)
- Green Concept
- Sustainable Growth
- Positive Externalities
NC 17
ECOLOGICAL ENVIRONMENT
Marketing Environment – External (Macro)
- Incorporation
- Reporting
- Human Resource Management
- Managing Externalities
NC 17 B
LEGAL ENVIRONMENT
Competitors
- Direct Competitors
- Indirect Competitors
Chapter Contents
- Marketing Concept
- Evolution of Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces
Porter’s Competitive Forces
Porter’s Competitive Forces
- Sharing of Resources
- Sharing of Market
- Sharing of Profits
- Sharing of Success
Higher the Threat of New Entrance, lesser the Industry Attractiveness would be.
NC 18
THREAT OF NEW ENTRANCE
Porter’s Competitive Forces
- Delivering High Quality
- Customization
- Offering for the Best Price
- Related & Supporting Services
Higher the bargaining Power
- f Customers, lesser the
Industry Attractiveness would be. BARGAINING POWER OF CUSTOMERS
Porter’s Competitive Forces
- Quality of Input
- Price of Input
- Lead Time of Input
- Credit terms
Higher the bargaining Power of Suppliers, lesser the Industry Attractiveness would be. BARGAINING POWER OF SUPPLIERS
Porter’s Competitive Forces
- Availability of Substitutes
- Importance of the Original Product
- Switching Cost
Higher the Threat of Substitutes, lesser the Industry Attractiveness would be. THREAT OF SUBSTITUTES
Porter’s Competitive Forces
- Number of Competitors
- Capacity of Competitors
- Number of Customers
- Industry Regulations
Higher the Competitor Rivalry, lesser the Industry Attractiveness would be.
NC 19
COMPETITOR RIVALRY
Review
- Marketing Concept
- Evolution of Marketing
- Macro Environmental Scanning
- Micro Environmental Scanning
- Porter’s Competitive Forces