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What are important trends in marketing practices
1.
MANAGING A HOLISTIC
MARKETING ORGANIZATION FOR THE LONG RUN What are important trends in marketing practices?
2.
Holistic Marketing
3.
4.
Trends in marketing
practices • Reengineering • Outsourcing • Benchmarking • Supplier partnering • Customer partnering • Merging • Globalizing • Flattening • Focusing • Justifying • Accelerating • Empowering • Broadening • Monitoring
5.
1 Reengineering
6.
“Appointing teams to
manage customer-value-building processes and break down walls between departments”
7.
2
8.
“buying more goods
and services from outside domestic or foreign vendors”
9.
3
10.
studying “best practice
companies” to improve performance
11.
4 Supplier partnering
12.
“Partnering with fewer
but better value-adding suppliers”
13.
5Customer partnering
14.
“ Working more
closely with customers to add value to their operations”
15.
6Merging
16.
“Merging with firms
in the same or complementary industries to gain economies of scale and scope”
17.
7 Globalizin g
18.
“Increasing efforts to think
global and act global”
19.
8 Focusin g
20.
“Determining the most
profitable businesses and customers and focusing on them”
21.
9Justifying
22.
“Becoming more accountable
by measuring, analyzing and documenting the effects of marketing actions”
23.
10Acceleratin g
24.
“Designing the organization
and setting up processes to respond more quickly to changes in the environment”
25.
11 Empowerin g
26.
“Encouraging and empowering
personnel to produce more ideas and take more initiative”
27.
12Broadenin g
28.
“Factoring the interests
of customers, employees, shareholders, and other stakeholders into the activities of the enterprise”
29.
13Monitoring
30.
“Tracking what is
said online and elsewhere and studying customers, competitors, and others to improve business practices”
31.
Recap Reengineering Supplier Partnership Customer
Partnership Merging Outsourcing Benchmarking
32.
Globalizing Accelerating Focusing Empowering Justifying Broadening Recap
33.
Monitoring Recap
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