mmmmm ppt.pptx final

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    STUDENT MEMBERS1 Soumyashree Padhi PG10043 148-1502 Subashini S PG10044 151-154

    3 Sunil Kumar K PG10045 155-158

    4 Swathi G PG10046 159-1625 Thava Prashanth Rao C B PG10047 163-166

    6 V init Kumar Satpuri PG10049 167-170

    7 V ivek Rajgopalan PG10050 171-173

    8 H onnavarV rusha V asant PG10051 174-177

    9 Gowri Sankar S PG10052 178-181

    10 N itin Singh PG10053 182-184

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    Name gives a thing a recognition..

    The art of marketing is largely the art of brand building

    BRAND NAME

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    CORPORATE NAME COMBINED WITH INDIVIDUALPRODUCT NAMES

    Kellogg

    Dabur

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    l In naming a br and a co mpany may chose many poss ib iliti es:

    Name of the person(Honda, Calvin clein)

    location(american airlines)

    Quality(safety stores, healthy choice)

    Or a artificial name(kodak, exxon)

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    DES IRABLE QUAL ITI ES OF A BRAND NAME

    S hould be easy to spell, pronounce, recognize &

    remember (Tide)

    S hould be distinctive (Kodak)

    S hould not carry negative connotations (Nova/ car in spanish means

    doesn't go)

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    S hould suggest something about product benefit

    (friendly wash).

    Should suggest product or service category (business

    today)

    S hould suggest 'high imagery' (Mercedes)

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    B rands when their very name connotes positive attributes,

    benefits, company values, personality and users stays in

    the buyer's mind building a ' BRA ND IDENTITY'.

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    BRAND BUILDING TOOLSPu

    b lic Re lati on s &P

    ress Re leases:

    Public R elations is the marketing activity that raise the public's

    consciousness about a product, service, individual or issue.

    Spon sorsh ip :

    Example1- Coco-Cola is a regular sponsor of Olympic games and so is Ford

    A ustralia which sponsors the A ustralian Open Tennis Tournament.

    Example2- MoneyGram International is the main sponsor for ICC World

    Cup 2011 and also R eliance Communications, Hero Honda Motors Ltd,

    Emirates etc.. are other sponsors.

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    BRAND BUILDING TOOLSF actor y Visit s:

    Nissan in Tennessee U. S . offers weekly tours, open to the public, ... In

    order to make the service factory work, manufacturing

    and marketing personnel ..aware of their B rand.

    Tr ad e Shows:

    For example, food ingredients manufacturer Tate & Lyle used the 2007

    Institute of Food Technologists (IFT) show to formally launch a new

    range of P R OMITO R branded fiber ingredients.C lu bs: Ex S amClub of Walmart helps the firm to understand the

    customer and also attracts customers to make purchases.

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    BRAND BUILDING TOOLSPublic facilities

    Social cause marketing

    Celebrity Endorsement

    Telemarketing

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    LINE EXTENSION STRATEGIES

    P roduct SizesBisleri1.1 ltr

    Bisleri5 ltr

    Bisleri1.5 ltr

    Bisleri1.2 ltr

    Bisleri.5 ltr

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    Colour

    Etc.,P anteneP ink

    P anteneBlack

    P anteneWhite

    Flavours

    Ingredient

    RasnaOrange

    RasnaMango

    Rasa Rose ,etc

    C olgategel

    C olgateHerbal

    C olgateSalt etc.,

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    Form

    VimLiquid

    VimP owder

    VimBar

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    EXAMPLES OF LINE EXTENSION

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    EXAMPLES OF LINE EXTENSION

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    BRAND EXTENSIONCompanies use the existing brand name tolaunch new product in other categories.

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    BRAND EXTENSION

    Ponds - Cold cream, Toilet soap, S hampoo, Tooth paste,

    Moisturizing lotion, Talc & Face wash.

    LG Television, R efrigerators, Computer monitors,

    Microwaves, A ir Conditioners, Washing Machines &

    Mobile phones.

    Park A venue S hirts, S having cream, Jeans, B elts,

    Perfumes, S oap & R azor.

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    BRAND EXTENSIONy A Example of Brand Extensions is as follows:

    NescafeCoffee

    NescafeChocolate

    NescafeBiscuits

    NescafeMilk

    Supplement

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    MULTI BRANDSCOMPANY NATURE BRANDS

    T itan FMCG T itan Regular, Fast track,

    T anishq.

    T ata Tele Communication T ata Indicom, Tata Docomo

    T ata Virgin

    Proctor & Gambell FMCG Olay, Head & shoulders,

    Rejoice, Gillette

    L Oreal Cosmetic Garnier, Lancom, Posay

    L'Oreal

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    Cannibalization is a phenomenon that results when anew product or services that steals business or market

    share from one or more of its existing products &

    services.

    Example: Bajaj Chetak, Maruti 800, etc.

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    C O BRANDT wo or more brands are combined in an offer

    Example: HP with Compaq laptop, Maruti Cars withCeat T yres, M TS with Micromax mobile.

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    PA CK AGINGT he art of designing & producing the Container for a

    product.

    Example: T ropicana fruit juice, Nandini Good life

    Costly Perfumes etc.

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    LABELINGIdentifies Product

    Describes the productPromotes Product

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    S ERV ICE SA ny act or performance that is essentially intangible & does

    not result in ownership of anything. Its production may or may not be tied to a physical product.

    TangibleIntangible

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    Ex- restaurants, when we compare services

    with goods, not all products are pure goods,not all services are pure.

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    categoriesy Pure tangible good

    y Tangible good with accompanying services

    y Major service with accompanying minor goods &services

    y Pure service

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    CH ARA CTE R IS TIC S

    Intangibility:Cannot be seen, tested, felt, heard or smelled before they are

    bought

    INSE P ARAB IL ITY

    y Provider is part of service

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    Physical product- S ervice Product

    S ervices quality and consistency are subject to great variability

    because they are delivered by people, and human behavior is difficult

    to control

    Factors such as time of day (people get tired), time of month or year ,

    workload, experience, attitude and knowledge

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    S ervices can never be stored for future usage

    (Theatre S eats ! ! , Missed Marketing Class ! ! ! )

    Product marketers S ervice marketers

    Perishability affects pricing and distribution most distinctly. If theservices are particularly time sensitive, demand-based pricing can be

    instituted as with airline tickets, seasonal vacations, etc.,

    Ever Heard ? S ERV ICE S INV ENTO R Y ! ! ! !

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    B rand name

    Functionality

    S tyling

    Quality

    S afety

    Packaging

    R epairs and S upport

    Warranty

    Accessories and services

    The term "product" refers to tangible, physical products as wellas intangible, services.

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    Distribution channels

    Market coverage

    S pecific channel members

    Inventory management

    Warehousing

    Distribution centersOrder processing

    Transportation

    R everse logistics

    Place refers to the means by which a customer acquires product. Thisincludes the actual place it is purchased as well as the actual route of distribution

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    Exhibit 16-116-3

    Strategy P lanning for Advertising

    Target Market

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    PROMOTION

    1.Promotion blend : Combination of all thepossible promotional ingredients in order to

    accomplish the objectives.2. S alespeople

    NumberS

    electionT rainingIncentives

    167

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    3 . Advertising

    A dvertising is a form of communication intended to persuade an audience (viewers, readers or listeners) to purchase or take some action upon products, ideas, or services

    Target A udience :Media types : TV , R adio, Newspaper, Internet,Magazine,

    Types of ads :Copy thrust : what the words and illustration of an adshould communicate to users

    168

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    35

    5 . Publicity

    Information that attracts attention to a company, product, person, or event.A 3rd party, usually from the media, is often employedto generate publicity

    4 . S ales PromotionDesigns , arranges and distribution of novelties,

    store signs, catalogs, and circulars Assists in the development of displays, salesdemonstrations, trade show.T hey also develop contests and prepare materials

    for the training of their own salesmen or theircustomers' salesmen

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    PRICE 1.Flexibility : The proposition that prices adjust in the long run in

    response to market shortages or surpluses.

    2.Price level : A price level is a hypothetical measure of overall prices

    for some set of goods and services, in a given region during a given

    interval

    3.Terms : the price that the buyer must pay

    4.Differentiation : to create a benefit that customers perceive as being

    of greater value to them than what they can get elsewhere ( U S P/ V alue

    Proposition) 1693 6

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    PEOPLE

    1.EmployeesR ecruiting

    Training

    Motivation

    R ewards

    Teamwork

    2.Customers

    Education/Training

    170

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    Physica l Evidence of Hutch

    PhysicalEvidence

    BillsS imCards

    Before andafter sale

    documents

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    Physica l Evidence .y 1.Facility designy 2.Equipmenty 3 .S ignagey 4 .Employee dressy 5 .Other tangiblesy Reportsy Business cardsy S tatementsy Guarantees

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    Process of taking a postpaidconnection

    y

    G o to Hutch shop

    C hoose a product say (postpaid connection)

    P ay the appropriate fees

    Take the respective product like ( sim card in this case )

    A vail the facility

    G ive the feedback

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    Processy 1.Flow of activities

    S tandardized

    Customizedy 2.Number of steps

    S impleComplex

    y 3 . Customer involvement

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    Services Triang ley Company y Providersy Customersy External Marketing -making promisesy Interactive Marketing keeping promisesy Internal Marketing enabling promises

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    MANAGING DEMAND & CAPACITY

    y Excess demand

    y Demand exceeds optimum capacity

    y Demand & supply are balanced at optimum capacity

    y Excess capacity

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    Strategies in Matching Demandand Capacity:

    Vary the Service Offering :

    One approach is to change the nature of the service offering,depending on the season of the year, day of the week, or timeof day.

    Example, Whistler Mountain, a ski resort in V ancouver,

    Canada, offers its facilities for executive development andtraining programs during the summer when snow skiing isnot possible

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    Conty Care should be exercised in implementing strategies to

    change the service offering, because such changes mayeasily imply and require alterations in other marketingmix variablessuch as promotion, pricing, andstaffingto match the new offering.

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    Communicate with Customers

    y A nother approach for shifting demand is to communicate

    with customers, letting them know the times of peak demand so they can choose to use the service at alternativetimes and avoid crowding

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    Cont

    y Research in a bank context found that customers who were forewarned about the bank s busiest hours were more satisfied even when they had to wait than

    were customers who were not forewarned.

    y In addition to signage communicating peak demandtimes to customers, advertising and other forms of promotion can emphasize different service benefitsduring peak and slow periods. Advertising and salesmessages can also remind customers about peak

    demand times.

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    DIFFERENTIATE ON PRI C E y Hotels discount prices during the off season to

    utilize idle capacity & tackle slow demand.

    y Only problem is that customers may expect

    similar deals even during peak season!

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    MANAGING WITH LIMITEDRESOUR C ES

    y S tretch existing capacity.

    y A lign capacity with demand fluctuations.

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    P rimary Service P ackage : What customer expects

    Secondary service P ackage:What provider can add

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    EXAMPLE Airlines include movies, merchandise for sale airto ground telephone service etc.

    Hotels offer state of the art fully equipped businesscenters.

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    FASTER & BETTER DELIVERY y Reliability y Resilience : Better handling of emergencies, Product

    recall, inquiriesy Innovativeness : Better MI S , Bar coding

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