mkt 522 lesson plan week 5 student

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    Lesson Plan March 31, 2016

      elcome to eek 5

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    Topics for Today

    Lecture:

    Chapters 12 & 13

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     TCO’s5

    Given one example of a good and one example of a service,compare and contrast the logistics of using retailers orwholesalers as part of a company’s value delivery network (V!"#

    $dentify and descri%e the partners comprising the value deliverynetwork (V!" that delivers a product to the marketplace#

    $dentify and descri%e the partners comprising the value deliverynetwork (V!" that delivers a service or professional service tothe marketplace#

    &naly'e and evaluate how value is delivered to consumersthrough user experience ()" and customer relationship

    management (C*+" systems for %oth onsite and online retailingenvironments#

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    !L"!# $"%C%%"!TP"C%:

    'ee( 5:Lo)istics

    %tore of the *uture

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    Warm-Up

    hat are some di-erent types of channelsthrough which you have purchasedproducts, either for yourself or a %usiness.

    .

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    What Do We Mean By Place in the 4 P’s?

    .

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    Place Is More Than Just The Reseller 

    /lace includes0•  The manufacturer• 1uppliers• istri%utors• *esellers

    &ll of these together are the 2+alue$eliery !et-or( 3

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    O! then"

    +arketing channels are systems organi'edto deliver products and related servicesfrom point of origin to point ofconsumption#

    hy do these channels exist.

    2Cut out the middleman.3.

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    Why #a$e a %alue Deli$ery &et'or(?

    +anufacturers usually produce a large4uantity of a limited num%er of products

    Consumers purchase only a few items of alarge num%er of diverse products

    +iddlemen reduce this discrepancy ofassortments

    $ntermediaries make society more e5cient

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    What I) There Were &o Interme*iaries

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    #o' Interme*iaries +** ,ciency 

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    The 4 Ri.hts

     The right place The right time

     The right condition

     The right price

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    What +re Interme*iaries?

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    The %alue +**e* /y Interme*iaries

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    0hannel Mana.ement Decision

    Vertical +arketing 1ystem (V+1"sed to make the marketing channel more

    e5cient

    6 types of V+1’s0Corporate V+1 7 corporate ownership of

    parts of the channelContractual V+1 7 $ndependent 8rms aligned

    through contract (including franchises"&dministered V+1 7 informal guidance and

    in9uence, usu controlled %y the morepowerful partner*elational V+1 7 channel partners mutually

    agree and work together to %uild long:term

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    ".portant Ter.

    $isinter.ediation

     The cutting out of intermediaries

    1ome companies win# (&ma'on, &pple"

    1ome companies lose# (;orders, Tower*ecords"

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    $esi)nin) /our Mar(etin) Channel

    # $dentify ma?or alternatives ($ntensity"

    11 18

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    $ntensive$ntensive

    1elective1elective

     = number of

    outlets@xclusive@xclusive

    Mar(et#posure%trate)ies

    Mar(et#posure%trate)ies

    11-18

    "ntensity "deal Mar(et #posure

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    1o.istics

    Airst need to set the company’so%?ectives#

    a# @x# Bow cost vs high customer

    service

    ey functions of the Bogistics 1ystem0# $nventory managementa# ;alance %etween too much and

    too little inventory

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    1o.istics - Transportation

    E %asic modes of transportation0ail 7 &dv0 @xtensive routes, low cost, full capa%ility

    is0 1ome relia%ility, sometimes slow, 8xed routes

    Truc(  7 &dv0 oor:to:door, extensive routes, fairly fast

    is0 1i'e restrictions, costlier, weather sensitiveir 7 &dv0 Aast, low damage, fre4uent departure

    is0 @xpensive, limited capa%ilities

    Pipeline 7 &dv0 Cheap, relia%le, constant departure

    is0 Bimited routes, slow'ater 7 &dv0 Cheap, huge capa%ility

    is0 1low, limited routes and schedules, weathersensitive

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    Retailin.

    hat is it.

    ho does it.

    .

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    Types of etailers

    Can %e classi8ed %ased on severalcharacteristics

    &mount of service1elf:service vs limited service vs full service

    /roduct line1pecialty storesepartment stores1upermarketsConvenience stores1uperstoresCategory killers

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    Types of etailers cont4

    Can %e classi8ed %ased on severalcharacteristics

    /ricing strategyiscount stores

    O-:price retailers

    Organi'ational approachCorporate chains

    Aranchises

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    etail Mar(etin) $ecisions

    # etermine product assortment and servicelevels

    D# ecide on pricing strategy

    6# 1elect place

    E# evelop promotion strategy

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    ric(andMortar s nline etailin)

    ;ene8ts of %rick:and:mortar retailers0;rowsing

     Touching and feeling

    /ersonal service

    Cash or credit1ocial experience

    $mmediate grati8cation

    $nternet retailers0eeper and %roader selection

    /ersonali'ed service

    Gain insights (cookies"

    @xpanded market presence

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    ssi)n.ent due 'ee( 6

    ead Chapters 17, 15, 16 & 18Co..unicate the +alue

    $iscussions:dertisin) #9ectieness"nte)rated Mar(etin) Co..unications

    "MC;

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    $essert

    https0==www#youtu%e#com=watch.vFAnxp!DllHI

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