Part 1 Understanding Marketing Management Resource Person - - PowerPoint PPT Presentation

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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


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Part – 1 Understanding Marketing Management

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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

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You Your Name Work Place Work Profile Academic & Professional Qualifications Other Details

Self Introduction

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Chapter Contents

  • Marketing Concept
  • Company Orientation towards Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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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

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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.

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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.

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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.

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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

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What Is Marketed?

  • Goods
  • Services
  • Events
  • Experiences
  • Places

NC 04

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What Is Marketed?

  • Persons
  • Properties
  • Organizations
  • Information
  • Ideas

NC 05

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Markets

  • Marketplace
  • Marketspace
  • Meta-Market
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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)

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Structure of Flows in Modern Exchange Economy

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A Simple Marketing System

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Key Customer Markets

  • Consumer markets
  • Business markets
  • Global markets
  • Nonprofit / Government markets
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Chapter Contents

  • Marketing Concept
  • Evolution of Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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Evolution of Marketing

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Evolution of Marketing

The Holistic Marketing Concept The Production Concept The Product Concept The Selling Concept The Marketing Concept

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The Production Concept

Evolution of Marketing

Beginning of Capitalism to Mid 1950’s

Henry Ford Model “T” $ 950 NC 07

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The Production Concept

Evolution of Marketing

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The Product Concept

Evolution of Marketing

1950’s – 1960’s

NC 08

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Product Concept

Evolution of Marketing

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The Selling Concept

Evolution of Marketing

1960’s – 1970’s

NC 09

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Sales Concept

Evolution of Marketing

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The Marketing Concept

Evolution of Marketing

NC 10

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Marketing Concept

Evolution of Marketing

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Evolution of Marketing

Holistic Marketing Concept

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Hotistic Marketing Concept

Evolution of Marketing

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Company Ori rientations

  • Customer orientation
  • Competitor orientation
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Lim imitations of f Mark rketing Concept

  • Difficulty in Accurate identification of real needs
  • Internal business capacities & constraints
  • Social & Environmental constrains

NC 11

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Marketing Environment

  • Internal Environment
  • External Environment
  • Micro environment
  • Macro environment
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Macro Micro

Marketing Environment

Internal Environment NC 12

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Marketing Environment - Internal

  • Shareholders
  • General Employees
  • Managerial Employees
  • Departments
  • Structure / Policies / Culture

NC 13

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Chapter Contents

  • Marketing Concept
  • Evolution of Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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Marketing Environment – External (Micro)

  • Customers
  • Distributors
  • Intermediaries
  • Financial Service Providers
  • Competitors

NC 14 A NC 14 B

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Chapter Contents

  • Marketing Concept
  • Evolution of Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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Marketing Environment – External (Macro)

  • Political Environment
  • Economical Environment
  • Social & Cultural Environment
  • Technological Environment
  • Ecological Environment
  • Legal Environment
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Marketing Environment – External (Macro)

  • Taxation
  • Political Philosophies
  • Political Based Relationships
  • Political Structure / Stability

POLITICAL ENVIRONMENT

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Marketing Environment – External (Macro)

  • Interest Rates
  • Exchange Rates
  • Inflation
  • Level of Employment

ECONOMICAL ENVIRONMENT

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Marketing Environment – External (Macro)

  • Social Perceptions
  • Cultural values
  • Religious Believes
  • attitudes

NC 15

SOCIAL & CULTURAL ENVIRONMENT

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Marketing Environment – External (Macro)

  • Production Technology
  • Communication Technology
  • CRM
  • Data Base Management

NC 16

TECHNOLOGICAL ENVIRONMENT

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Marketing Environment – External (Macro)

  • Green Concept
  • Sustainable Growth
  • Positive Externalities

NC 17

ECOLOGICAL ENVIRONMENT

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Marketing Environment – External (Macro)

  • Incorporation
  • Reporting
  • Human Resource Management
  • Managing Externalities

NC 17 B

LEGAL ENVIRONMENT

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Competitors

  • Direct Competitors
  • Indirect Competitors
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Chapter Contents

  • Marketing Concept
  • Evolution of Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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Porter’s Competitive Forces

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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

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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

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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

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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

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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

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Review

  • Marketing Concept
  • Evolution of Marketing
  • Macro Environmental Scanning
  • Micro Environmental Scanning
  • Porter’s Competitive Forces
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Thank You ! 0773 – 29 20 29 mathihewa@yahoo.com