SlideShare une entreprise Scribd logo
1  sur  79
Paul Adrianne Jacinto  Babylyn Hernandez Geneveive Lara Vience Grampil
Outline   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Objectives ,[object Object],[object Object]
[object Object],[object Object],[object Object]
What is Product Strategy? ,[object Object],[object Object]
TWO Fundamental product questions ,[object Object],[object Object]
Maslow Hierarchy of needs model
Example:  ( Drinking Water market) ,[object Object],[object Object],[object Object],[object Object],[object Object]
3 Types of Products ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Consumer satisfaction Evaluation
Four Types of Product according to customer’s effort and risk ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Preference Goods
Shopping Goods ,[object Object],[object Object],[object Object]
Specialty Goods ,[object Object]
Graph Representation
3 Levels of Product ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
Customer Purchase Decision Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],Company’s Differentiation Low High High Low Improve  or Change Gear Maintain Low priority Possible overkill
Mansmith and Fielders, Inc. product Philosophy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
Quality ,[object Object],[object Object],[object Object],[object Object]
Ten learning lessons about   “ quality and customer satisfaction” ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Look alike Products ,[object Object]
New Product Opportunity ,[object Object],[object Object]
New Product Development ,[object Object],[object Object],[object Object]
New product development program ,[object Object],[object Object],[object Object]
Environmental analysis and assumptions for product development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
NEW PRODUCT DEVELOPMENT PROCESS
Possible product criteria for retail stores ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Idea generation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cecilio Pedro ,[object Object],[object Object]
Company’s Differentiation Quality of Service Few Many Very Friendly Not so Friendly Concentrates only on the determinant attributes of a product.
  a  graphics  technique used by asset  marketers  that attempts to visually display the perceptions of customers or potential customers. Typically the  position  of a  product ,  product line ,  brand , or company is displayed relative to their competition.
The starting point in “items by use” is to determine how existing consumers see existing products.
Idea screening procedures are needed to eliminate ideas generated with poor or low potential, and allow those with superior potential to go further.
One of the objectives of idea screening is to determine underlying unsatisfied consumer needs in the product usage situation. ,[object Object],[object Object]
How will the proposed product satisfy the consumer needs? What consumers needs exist? What specific product will make customers satisfaction possible?
Defining more parameters before an actual (and sometimes very expensive) product prototype will be assembled. ,[object Object],[object Object],[object Object]
A product advantage that cannot be communicated effectively has no value to the consumers. Communication plan brings to life the one-page product concept paper presented during the idea-screening phase.
This is the guesses are derived. The stage that a  budding product champion may meet all key company decision makers for the first time.
Marketers must know the basic as well as the motivating features of a product.
This technique is designed to identify the motivating key features customers use to differentiate product Also known as Trade-off Study
A product brief is submitted by the marketing man to their technical product researchers to formalized prototype development.
During product development prototype testing, always give more than what is enough.
What to test Activity is not progress Duration of Test Market Products that pass the prototype development must be exposed to a portion of  the actual customers within a realistic market environment.
Shows the process where both the customers and the suppliers change their behaviour while interacting in the market.  Product life Cycle is primarily determined by the rate of new product development in a particular market.
BRANDING It’s almost alive, like a person ,it brings benefits to consumers. It  assumers personality. You must have character to it! --John Pepper
[object Object],[object Object],[object Object]
Criteria for Choosing A Brandname ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PRODUCT New New Existing Brand Existing Multi brand New Innovation Line Extension Franchise Extension
No- Meaning Brand Names ,[object Object]
[object Object]
Brand Equity ,[object Object]
Packaging ,[object Object],[object Object],[object Object]
[object Object]
 
 
Criteria for Choosing Packaging Materials ,[object Object],[object Object],[object Object],[object Object],[object Object]
Performance Requirement for Unit Packs ,[object Object],[object Object],[object Object],[object Object]
Label Development Process ,[object Object]
PROOFS ,[object Object]
Label Development Process ,[object Object],[object Object],[object Object],[object Object],[object Object]
Managing Product Line ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Relative Market Share Higher  Lower Relative Market Growth higher lower Star  Growth Question Mark introduction Cash Maturity Dog Declining Stage
General Electrical Matrix ,[object Object]
[object Object],General Electric Matrix Strong  Average  weak higher Average Weak Invest / Growth  Invest / Growth Invest / Selectively Invest  / Grow Invest / Selectively Harvest / Divest Invest  / Selectively Harvest / divest Harvest  / divest
GREEN MARKETING ,[object Object],Source:  http://www.businessdictionary.com/definition/green-marketing.html
GREEN PRODUCTS ,[object Object]
Environmental Threats ,[object Object],[object Object],[object Object],[object Object],[object Object]
Global Warning and Ozone Depletion  ,[object Object]
Acid Rain ,[object Object],[object Object],[object Object],[object Object]
Air Pollution ,[object Object]
Over Packaging ,[object Object]
[object Object]
 

Contenu connexe

Tendances

Law on obligation on contract
Law on obligation on contractLaw on obligation on contract
Law on obligation on contractBeverly Erigan
 
Demand And Supply Analysis
Demand And Supply AnalysisDemand And Supply Analysis
Demand And Supply Analysismandalina landy
 
Cross Price Elasticity of Demand
Cross Price Elasticity of DemandCross Price Elasticity of Demand
Cross Price Elasticity of Demandtutor2u
 
Chapter 4 review
Chapter 4 reviewChapter 4 review
Chapter 4 reviewpejansen
 
Economics of Monopoly
Economics of MonopolyEconomics of Monopoly
Economics of Monopolytutor2u
 
Factors affecting demand and supply of electronics industry
Factors affecting demand and supply of electronics industryFactors affecting demand and supply of electronics industry
Factors affecting demand and supply of electronics industryjithin_mohan
 
Barriers to Entry & Monopoly
Barriers to Entry & MonopolyBarriers to Entry & Monopoly
Barriers to Entry & Monopolymattbentley34
 
Variance Analysis solution
Variance Analysis solutionVariance Analysis solution
Variance Analysis solutionLou Foja
 
Elasticity - Economics HL
Elasticity - Economics HLElasticity - Economics HL
Elasticity - Economics HLMark Surnin
 
Managerial economics -demand theory
Managerial economics -demand theoryManagerial economics -demand theory
Managerial economics -demand theoryACCA Global
 
the role of business in the economy
the role of business in the economythe role of business in the economy
the role of business in the economyGeorge Silandote Jr.
 
Social business letter
Social business letterSocial business letter
Social business letterAgus Sumarjaya
 
Shifts in the demand curve worksheet
Shifts in the demand curve worksheetShifts in the demand curve worksheet
Shifts in the demand curve worksheetdhornbeck
 

Tendances (20)

Law on obligation on contract
Law on obligation on contractLaw on obligation on contract
Law on obligation on contract
 
62514471 case-study
62514471 case-study62514471 case-study
62514471 case-study
 
Demand And Supply Analysis
Demand And Supply AnalysisDemand And Supply Analysis
Demand And Supply Analysis
 
Cross Price Elasticity of Demand
Cross Price Elasticity of DemandCross Price Elasticity of Demand
Cross Price Elasticity of Demand
 
BUSLAW1: Sales Topic 3
BUSLAW1: Sales Topic 3BUSLAW1: Sales Topic 3
BUSLAW1: Sales Topic 3
 
Chapter 4 review
Chapter 4 reviewChapter 4 review
Chapter 4 review
 
01 fs analysis
01 fs analysis01 fs analysis
01 fs analysis
 
Economics of Monopoly
Economics of MonopolyEconomics of Monopoly
Economics of Monopoly
 
Factors affecting demand and supply of electronics industry
Factors affecting demand and supply of electronics industryFactors affecting demand and supply of electronics industry
Factors affecting demand and supply of electronics industry
 
Partnership dissolution
Partnership dissolutionPartnership dissolution
Partnership dissolution
 
Barriers to Entry & Monopoly
Barriers to Entry & MonopolyBarriers to Entry & Monopoly
Barriers to Entry & Monopoly
 
Variance Analysis solution
Variance Analysis solutionVariance Analysis solution
Variance Analysis solution
 
Elasticity - Economics HL
Elasticity - Economics HLElasticity - Economics HL
Elasticity - Economics HL
 
Managerial economics -demand theory
Managerial economics -demand theoryManagerial economics -demand theory
Managerial economics -demand theory
 
Law 1
Law 1Law 1
Law 1
 
Feasibility study
Feasibility studyFeasibility study
Feasibility study
 
the role of business in the economy
the role of business in the economythe role of business in the economy
the role of business in the economy
 
Social business letter
Social business letterSocial business letter
Social business letter
 
Types of business
Types of businessTypes of business
Types of business
 
Shifts in the demand curve worksheet
Shifts in the demand curve worksheetShifts in the demand curve worksheet
Shifts in the demand curve worksheet
 

Similaire à Marketing 25 chapter 4

08 principles of marketing -- product planning & development
08   principles of marketing -- product planning & development08   principles of marketing -- product planning & development
08 principles of marketing -- product planning & developmentSufyan Safi
 
Product levels classification product mix & pricing stratagies
Product levels  classification  product mix & pricing stratagiesProduct levels  classification  product mix & pricing stratagies
Product levels classification product mix & pricing stratagiesVenkat. P
 
Setting product strategy
Setting product strategySetting product strategy
Setting product strategyMahfuzur Rahman
 
Marketing Management Part II.- Dr. M. Alagupriya
Marketing Management Part II.- Dr. M. AlagupriyaMarketing Management Part II.- Dr. M. Alagupriya
Marketing Management Part II.- Dr. M. AlagupriyaAlagupriyasafiq
 
Chapter 3.2
Chapter 3.2Chapter 3.2
Chapter 3.2Mr. Waye
 
The following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxThe following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxarnoldmeredith47041
 
The following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxThe following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxrtodd194
 
Sample extract shopper perceptions of brand equity
Sample extract   shopper perceptions of brand equitySample extract   shopper perceptions of brand equity
Sample extract shopper perceptions of brand equityEvolution Insights
 
Bus169 Kotler Chapter 08
Bus169 Kotler Chapter 08Bus169 Kotler Chapter 08
Bus169 Kotler Chapter 08Alwyn Lau
 
Kotler_pom_15e_inppt_08_GEmarketing.pptx
Kotler_pom_15e_inppt_08_GEmarketing.pptxKotler_pom_15e_inppt_08_GEmarketing.pptx
Kotler_pom_15e_inppt_08_GEmarketing.pptxAmanySayedMostafa
 
Private Branding Primer1
Private Branding Primer1Private Branding Primer1
Private Branding Primer1mjw32205
 
Private branding primer1
Private branding primer1Private branding primer1
Private branding primer1mjw32205
 

Similaire à Marketing 25 chapter 4 (20)

Product Strategy
Product StrategyProduct Strategy
Product Strategy
 
08 principles of marketing -- product planning & development
08   principles of marketing -- product planning & development08   principles of marketing -- product planning & development
08 principles of marketing -- product planning & development
 
Product
ProductProduct
Product
 
Marketing PPT 1.ppt
Marketing PPT 1.pptMarketing PPT 1.ppt
Marketing PPT 1.ppt
 
Product levels classification product mix & pricing stratagies
Product levels  classification  product mix & pricing stratagiesProduct levels  classification  product mix & pricing stratagies
Product levels classification product mix & pricing stratagies
 
Setting product strategy
Setting product strategySetting product strategy
Setting product strategy
 
Chapter 5.docx
Chapter 5.docxChapter 5.docx
Chapter 5.docx
 
Marketing Management Part II.- Dr. M. Alagupriya
Marketing Management Part II.- Dr. M. AlagupriyaMarketing Management Part II.- Dr. M. Alagupriya
Marketing Management Part II.- Dr. M. Alagupriya
 
Chapter 3.2
Chapter 3.2Chapter 3.2
Chapter 3.2
 
The following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxThe following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docx
 
The following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docxThe following table shows data from a fictional cohort study of in.docx
The following table shows data from a fictional cohort study of in.docx
 
Sample extract shopper perceptions of brand equity
Sample extract   shopper perceptions of brand equitySample extract   shopper perceptions of brand equity
Sample extract shopper perceptions of brand equity
 
Bus169 Kotler Chapter 08
Bus169 Kotler Chapter 08Bus169 Kotler Chapter 08
Bus169 Kotler Chapter 08
 
Product
ProductProduct
Product
 
Chapter 13
Chapter 13Chapter 13
Chapter 13
 
Kotler_pom_15e_inppt_08_GEmarketing.pptx
Kotler_pom_15e_inppt_08_GEmarketing.pptxKotler_pom_15e_inppt_08_GEmarketing.pptx
Kotler_pom_15e_inppt_08_GEmarketing.pptx
 
Product and brand management notes
Product and brand management notes Product and brand management notes
Product and brand management notes
 
Private Branding Primer1
Private Branding Primer1Private Branding Primer1
Private Branding Primer1
 
Private branding primer1
Private branding primer1Private branding primer1
Private branding primer1
 
Positioning
PositioningPositioning
Positioning
 

Plus de Gia Lara

Failure mode
Failure modeFailure mode
Failure modeGia Lara
 
People in the organization
People in the organizationPeople in the organization
People in the organizationGia Lara
 
Frozen banana pops
Frozen banana popsFrozen banana pops
Frozen banana popsGia Lara
 
Prospecting
ProspectingProspecting
ProspectingGia Lara
 
Chap. 7. prospecting
Chap. 7. prospectingChap. 7. prospecting
Chap. 7. prospectingGia Lara
 
Chap. 7. prospecting
Chap. 7. prospectingChap. 7. prospecting
Chap. 7. prospectingGia Lara
 
Corporate governance at multilevels
Corporate governance at multilevelsCorporate governance at multilevels
Corporate governance at multilevelsGia Lara
 
Chapter 5 training and development
Chapter 5 training and developmentChapter 5 training and development
Chapter 5 training and developmentGia Lara
 
Job analysis powerpoint CHAPTER 6 ito ung report nmin
Job analysis powerpoint CHAPTER 6 ito ung report nminJob analysis powerpoint CHAPTER 6 ito ung report nmin
Job analysis powerpoint CHAPTER 6 ito ung report nminGia Lara
 

Plus de Gia Lara (9)

Failure mode
Failure modeFailure mode
Failure mode
 
People in the organization
People in the organizationPeople in the organization
People in the organization
 
Frozen banana pops
Frozen banana popsFrozen banana pops
Frozen banana pops
 
Prospecting
ProspectingProspecting
Prospecting
 
Chap. 7. prospecting
Chap. 7. prospectingChap. 7. prospecting
Chap. 7. prospecting
 
Chap. 7. prospecting
Chap. 7. prospectingChap. 7. prospecting
Chap. 7. prospecting
 
Corporate governance at multilevels
Corporate governance at multilevelsCorporate governance at multilevels
Corporate governance at multilevels
 
Chapter 5 training and development
Chapter 5 training and developmentChapter 5 training and development
Chapter 5 training and development
 
Job analysis powerpoint CHAPTER 6 ito ung report nmin
Job analysis powerpoint CHAPTER 6 ito ung report nminJob analysis powerpoint CHAPTER 6 ito ung report nmin
Job analysis powerpoint CHAPTER 6 ito ung report nmin
 

Marketing 25 chapter 4

  • 1. Paul Adrianne Jacinto Babylyn Hernandez Geneveive Lara Vience Grampil
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Maslow Hierarchy of needs model
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 32.
  • 33.
  • 34.
  • 35. Company’s Differentiation Quality of Service Few Many Very Friendly Not so Friendly Concentrates only on the determinant attributes of a product.
  • 36.   a  graphics  technique used by asset  marketers  that attempts to visually display the perceptions of customers or potential customers. Typically the  position  of a  product ,  product line ,  brand , or company is displayed relative to their competition.
  • 37. The starting point in “items by use” is to determine how existing consumers see existing products.
  • 38. Idea screening procedures are needed to eliminate ideas generated with poor or low potential, and allow those with superior potential to go further.
  • 39.
  • 40. How will the proposed product satisfy the consumer needs? What consumers needs exist? What specific product will make customers satisfaction possible?
  • 41.
  • 42. A product advantage that cannot be communicated effectively has no value to the consumers. Communication plan brings to life the one-page product concept paper presented during the idea-screening phase.
  • 43. This is the guesses are derived. The stage that a budding product champion may meet all key company decision makers for the first time.
  • 44. Marketers must know the basic as well as the motivating features of a product.
  • 45. This technique is designed to identify the motivating key features customers use to differentiate product Also known as Trade-off Study
  • 46. A product brief is submitted by the marketing man to their technical product researchers to formalized prototype development.
  • 47. During product development prototype testing, always give more than what is enough.
  • 48. What to test Activity is not progress Duration of Test Market Products that pass the prototype development must be exposed to a portion of the actual customers within a realistic market environment.
  • 49. Shows the process where both the customers and the suppliers change their behaviour while interacting in the market. Product life Cycle is primarily determined by the rate of new product development in a particular market.
  • 50. BRANDING It’s almost alive, like a person ,it brings benefits to consumers. It assumers personality. You must have character to it! --John Pepper
  • 51.
  • 52.
  • 53. PRODUCT New New Existing Brand Existing Multi brand New Innovation Line Extension Franchise Extension
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59.  
  • 60.  
  • 61.
  • 62.
  • 63.
  • 64.
  • 65.
  • 66.
  • 67.
  • 68. Relative Market Share Higher Lower Relative Market Growth higher lower Star Growth Question Mark introduction Cash Maturity Dog Declining Stage
  • 69.
  • 70.
  • 71.
  • 72.
  • 73.
  • 74.
  • 75.
  • 76.
  • 77.
  • 78.
  • 79.