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Balamurugan Annamalai
Why me for your marketing course?
• Preparatory Sessions
• Algebra
A B C D E………………….
• Advanced Calculus
• Topology and Geometry
• Combinatory
1 2 3…………………….
• Dynamic system and Differential equations
• Information theory and signal processing
MM I MM II
Module 1: Understanding the
Marketing Management
Process
Appropriate
Case Relevant
Frameworks/ Insights Solution
Question Facts
Concepts
Solving Academic Cases
• DON’T
• Do not try to time-travel to the situation (Example: even Parle-G was doing similar things wrt distribution in 1990s)
• Try to connect with the concepts being taught in that session or the previous ones
• “Zameen par aa jao!” – Be grounded (don’t make sweeping statements (like a CEO))
• DO
• Exhibits are the heart of the case; use the facts to derive insights (no gut feelings)
• Make valid assumptions (if needed) and detail it that one can understand
Slide 2: Decision problem (within 20 words); Alternatives & Framework used to evaluate
Slide 5: Rationale and action plan to handle situations arising out of non-selection of other alternatives
Case Study – Marketing competitions & Placement
Balamurugan Annamalai
First Marketer?
Saubala aka
Marketing Evolution
I) Pre-production Era
II) Production Era
Mass production and efficiency – producing as much as possible at as low a cost as possible
– and marketing efforts were based on securing the widest possible distribution
III) Sales Era
"’Marketing’ has become a fashionable term. But a gravedigger remains a gravedigger even when called a
“A good deal of what is called ‘marketing’ today (1964) is at best organized, systematic selling in which the
major jobs—from sales forecasting to warehousing and advertising—are brought together and coordinated.”
IV) Marketing Era (Marketing Vs. Selling)
Selling focuses on the needs of the Seller, Marketing on the needs of the Buyer.
• Selling is preoccupied with the seller’s need to convert his product into cash;
• Marketing with the idea of satisfying the needs of the customer by means of the
product and the cluster of things associated with creating, delivering, and finally
consuming it
SIMPLE MARKETING SYSTEM
What is Marketed? Can you come up with examples for each one
(variety)?
Goods Services Events Experiences Persons Places Properties Org. Information Ideas
Bike Saloon IPL Mt. Everest MSD Goa Aamby Melinda MM by Tata tea
base camp valley city Gates Kotler & Jaago re
Foundation Keller
a) What is Marketing? (AMA)
Who (Person) comes to your mind when you hear the word “MARKETING”?
So, Is Modi a Marketer (According to AMA)?!
“The art and science of choosing target markets and getting, keeping, and growing
customers through creating, communicating, and delivering superior customer value at
a profit”
“A marketer is someone who seeks a response—attention, a purchase, a vote, a donation
—from another party, called the prospect”
Value: a combination of quality, service, and price (qsp: the customer value triad)
What is “need”?
• Needs: the basic human requirements such as for air, food, water, clothing, and shelter
Task: Find job descriptions in Linkedin (and other sites) & detail the roles and responsibilities of
Product Management and Brand Management
Co-marketing
Relationship • Co-creation
marketing
STP • Customer
• Segmentation satisfaction
• Customer loyalty
• Targeting
etc.
4 Ps • Positioning
• Product
• Price
• Place
Selling • Promotion
• Promotion
STP
Marketing Mix - 4Ps (McCarthy, 1960s)
Firm-centric Perspective Customer-centric Perspective
4 Cs (Lauterborn, 1990)
• Consumer (client)
• Cost
• Convenience
• Communication
COMMUNICATIO
DISTRIBUTION SERVICE
N
Deliver and receive
To carry out
messages from target
transactions with
buyers and include
potential buyers, the
newspapers, magazines, Help display, sell, or
marketer also uses
radio, television, mail, deliver the physical
service channels that
telephone, smart product or service(s)
include warehouses,
phone, billboards, to the buyer or user
transportation
posters, fliers, CDs,
companies, banks, and
audiotapes, and the
insurance companies
Internet
Marketing Concepts
Competitors: all the actual and potential rival offerings and substitutes a buyer might consider
Competitors of Coca-Cola?
Share of throat!