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Marketing Concept
“Satisfying customers’ needs
profitably”
Philip kotler
SellingMarketing
Needs of the sellerNeeds of the buyer
Turn product into cashConsumer satisfaction
Marketing is
0 As defined by the American marketing association:
“The process of planning and executing: the conception,
pricing, promotion and distribution of ideas, goods
and services to create exchanges that satisfy
individuals and organizational objectives.”
0 Marketing is the company's customer manufacturing
department.
0 It’s the whole business as seen from the customer's
point if view .
0 It connects producers with consumers.
Basic Terms
Need, Want & Demand
0Need: a fundamental requirement … “I’m
thirsty”
0Want: needs that are directed towards a
specified object … “I want Pepsi”
0Demand: wanting a specific object &
willing to pay for it … “I’m gonna buy
Pepsi”
Product (Market Offering)
Goods…any product
Services…as airlines etc
Experiences….as theme parks etc
Events…as Olympics etc
Persons…as celebrities, speakers (TED) etc
Places…as travel etc
Properties… as stocks etc
Organizations….as IEEE etc
Information…as Books, Web etc
Ideas…as donations, charity ideas etc
Value & Satisfaction
0 Customer Value
The difference between the values the customer gains
from owning or using the product, and the cost of
obtaining the product.
0 Customer Satisfaction
The extent to which the products performance matches
the buyer’s expectations.
Market
The set of all actual and potential
buyers of a product.
Marketing Orientation
When everyone inside a company is aware of:
0Who are the company's target
0What are the target needs
0How will the company satisfy these needs
more effectively than its competitors
0How will the company satisfy these needs
profitably
Strategic Marketing
STP
Segmentation
Segmentation
0Dividing large, diverse markets into
smaller segments, that can be reached
more efficiently and effectively with
products that match their unique needs.
An Effective Segment
1. Measurable
0 Can be easily measured and studied in a reliable statistical
plan. (Wrong segmentation: by eye-color)
2. Accessible
0 Can be accessed by the company or person, not very far or
very rare in the region you are in.
3. Substantial
0 Large and profitable enough
4. Differentiated
0 Easily distinguished from the rest of segments
5. Actionable
0 We could perform an action plan on this segment.
Targeting
Targeting
1. Evaluation of
segments
2. Selection of
segments
Positioning
What is Positioning?
It's what you do to the customer's mind
0That one specific idea that first comes to
the mind about the product.
0It’s how your target market defines you
in relation to your competitors.
How to Set your Position
1. SWOT Analysis
WeaknessesStrengths
ThreatsOpportunities
How to Set your Position
2. Positioning Attributes
A. Product Leadership
 Quality & innovation, higher market share
B. Operational Excellence
 efficiency & low price
C. Customer Intimacy
 best solution or service; interactivity &
customization
Product Leadership
Operational Excellence
Customer Intimacy
Customer Intimacy
Position Criteria
0Consistent
0Clear & Simple
0Specific
0Important
0Sticking
0Can’t be imitated
Positioning Tools
Logo
Positioning Tools
Adverts
Positioning Tools
Statements
Positioning Tools
Slogan
Positioning Around Us
Leaders & Followers;
0Hertz & Avis… rent a car
07 up & Coke
Stretching Break
Video
TEDxAmsterdam - Trailer - Challenge 'Ideas Worth Doing' -
YouTube
http://www.youtube.com/watch?v=vFDEJvPiVBQ
Let’s get Tactical…
4 P’s
1. Pricing
The Process of
determining what a
company will receive in
exchange for it’s
products.
Pricing
• New or Existing Product
• Price skimming
• Competitive Pricing
• Psychological Pricing
2. Place
1.Distribution Channels
2.Outlet location
3.
Promotion
Advertising
Publicity
and public
relations
Personal
selling
Sales
promotion
0 "If the circus is coming to town and you paint a sign
saying "Circus Coming to the Fairground Saturday,"
that's advertising.
0 If you put the sign on the back of an elephant and
walk it into town, that's promotion.
0 If the elephant walks through the mayor's flower bed,
that's publicity.
0 And if you get the mayor to laugh about it, that's
public relations.
0 If the town's citizens go the circus, you show them the
many entertainment booths, explain how much fun
they'll have spending money at the booths, answer
their questions and ultimately, they spend a lot at the
circus, that's sales."
5 M’s of Advertising
0 Mission
0 inform, persuade, remind, or reinforce
0 Message
0 distinctive value
0 Media
0 reach, frequency, impact
0 Measure
0 pre & post
0 Hard for image ads
0 Money
0 pricing the media
Indicate the differences :D
4. Product
4. Product
Product Life Cycle
Core Product
Awareness
New
features
Critical
Role of
the
Brand
Cutting &
Repositioning
Stretching Break
& Watch these!
Recession Logos
Recession Logos
Recession Logos
Recession Logos
Recession Logos
Recession Logos
Recession Logos
What is a brand?
0It's what you stand for, the promise you
make, the personality you convey.
0It's the entire experience that your
prospects & customers have with your
company
Philip
Kotler
• A brand is any label that carries
meaning and associations.
• Don’t advertise the brand, live it.
Ultimately the brand is built by your
employees who deliver a positive
experience to the customers. Did the
brand experience live up to the brand
promise? This is why companies must
orchestrate the brand experience with
the brand promise.
A Brand
0The Personality
0The Narrator
0The Experience
Importance?
1. Saves Time of Choice
“A brand is a storehouse of trust that matters more &
more as choices multiply. People want to simplify their
lives” – Niall Fitzgerald
2. Brings your Position to
Life
Responsibility towards environment
3. Brings Customer Loyalty
4. Does your Advertising
“Google actually relies on our users to help with our
marketing. We have a very high percentage of our
users who often tell others about our search engine.” –
Sergey Brin
Brand
Building
Internal
marketing
Positioning Long Term
Quality Communications Repositioning
More Branding
0 Line Extensions
Pepsi
Chipsy
0 Brand Extensions
Coca Cola - Dasany
Beity
Chipsy Delights
Three Chefs
0 Brand Stretch
Virgin- Daewoo - !!!
Look at Sony, P&G, Unilever
“It takes genius, faith &
perseverance to create a brand” -
David Ogilvy
“Every advertisement should be thought of
as a contribution to the complex symbol
which is the brand image.”
“ All our Factories & Facilities could burn down
tomorrow, but you’d hardly touch the value of the
company” – Roberto Goizueta, CEO
“Our Company’s name & trademark are by far our most
valuable assets”
“A brand for a company is like a reputation for a person. You
earn reputation by trying to do hard things well”. – Jeff Bezos
Image, Emotional &
Experiential Marketing
0Apple is the “Teenager”, IBM is
the “Grandfather”
0“Just do it”
0“Impossible is nothing”
0 “ ”- “ ”
0Disneyland
0Planet Africa
Logos Mania
& Thanks for listening ;)
Marketing & Branding
Marketing & Branding
Marketing & Branding
Marketing & Branding
Marketing & Branding
Marketing & Branding
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