principles of marketing . ( part one )

22
El-Zatُuna of marketing By: Mohamed Refa’t Part One

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Page 1: Principles of marketing . ( Part one )

El-Zat ُuna of

marketing

By: Mohamed Refa’t

Part One

Page 2: Principles of marketing . ( Part one )

What is marketing• Social and managerial process by

which individuals and groups obtain what they need and want through creating and exchanging products and value with other.

Page 3: Principles of marketing . ( Part one )

Different terms used in the definition of marketing

• Needs – it is the state of self deprivation. It is the basic reason/s or quality dimensions in a purchase.

• Wants – It is the form taken from by human needs as they are shaped by culture and individual personality.

• Demands – Human wants that are backed by buying power. It is also called expectation.

• Product – It is anything that can be offered to a market to satisfy a need or want.

• Exchange – It is an act of obtaining a desired object from someone by offering something in return.

• Value/customer Value – It is the consumer’s assessment of the overall capacity of the product or service in order to

satisfy his total needs.• Customer satisfaction – It refers to the extent to which

customer are happy with the product offered.

Page 4: Principles of marketing . ( Part one )

Goal of the Marketing system

• Maximize Consumption• Maximize Consumer Satisfaction• Maximize Choice• Maximize Life Quality• Maximize Relationships

Page 5: Principles of marketing . ( Part one )

Before Planning , you should Know ..

Page 6: Principles of marketing . ( Part one )
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Page 9: Principles of marketing . ( Part one )

Marketing Mix - 4P’s –

Page 10: Principles of marketing . ( Part one )

The 4c’s related to 4p’s of marketing

• Product = Customer Solution

• Price = Customer Cost

• Place = Convenience

• Promotion = Communication

Page 11: Principles of marketing . ( Part one )

Additional P’s in the Marketing

• People – it is maintaining and developing the employees of the company in order to offer superior service quality to its customers.

• Physical Environment – these are all visible cues that provide tangible evidence of the firm’s service quality.

• Process – it is the method and sequence of actions in the service performance.

• Profitability – the amount of sales or income generated from the operations of the business.

Page 12: Principles of marketing . ( Part one )

Brand • It is a name, term, sign, symbol, or design

or a combination of these intended to identity the goods or services of one seller or group of sellers from those of competitors.

Video Case

Page 13: Principles of marketing . ( Part one )

Customer Loyality

Page 14: Principles of marketing . ( Part one )

Product Life Cycle

Page 15: Principles of marketing . ( Part one )

Win Win Situation

خد والمعامله مات عشم عم وهات

Page 16: Principles of marketing . ( Part one )

Buyer Decision Process

Page 17: Principles of marketing . ( Part one )

Don't find customers for your products, find products for your

customers.” Seth Godin,

Add Value !Creat Need !

Page 18: Principles of marketing . ( Part one )

Market Research

• The process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market .

“ علي والعبلو إيه عايز “ شوفو

Page 19: Principles of marketing . ( Part one )

The Power Of Data !A – CollectB – Analys C – Understand D – Choice E – Decision F – Plan J – Compete

Page 20: Principles of marketing . ( Part one )

Now ! Answer those Questions

• A - where we are now !?

• Collect information

• Now SWOT !

Page 21: Principles of marketing . ( Part one )

SWOT Analysis

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use that information to determine

• B- Where We wanna be in the future !?

• NEXT session : • Strategic Planning• Social media Campaigns• Digital Ads