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THE SO CALLED …

MARKETING!!
What Is It All About?
Agenda
Topic                                                                    Duration
MARKETING
                                                                         10 m
Concept … Definitions … Evolution … Key Terminologies
Market Plan
Key Rules, Templates?, Key Components, Situational Analysis, Marketing   30 m
Strategy, Marketing Programs, Budget & Controls
Situational Analysis
                                                                         20 m
Environmental Analysis, Internal Analysis, SWOT Analysis
Marketing Strategy
                                                                         20 m
STP + 4Ps

                                  Break                                  10 m
Marketing Programs, Budgets & Controls                                   10 m
Special Topic
                                                                         5m
Internet & Marketing
What-to-Do summary                                                       5m
Q&A                                                                      10 m
Real Life Cases
 XXXXXXXX
Marketing
Science VS. Practice
• It is well known that marketing
as a science did not start
before the 20th century, but
marketing as a practice
started with the start of
mankind!!
Social VS. Managerial
• Marketing originally is a societal
process by which individuals and
groups obtain what they need and
want through interacting freely with
others, but when it comes for
managerial level its more formal
process aiming primarily at selling
products.
Understanding




   Marketing
Understanding




   Marketing
What is Market?




 PEOPLE
What is Market?
BUT - not just ANY people, they have to have
• Willingness to buy
• Purchasing power (money)
• Authority to buy
What is Marketing?
 Formal Def. 1
    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.
                                The American Marketing Association
What is Marketing?
 Formal Def. 2
    Marketing deals with identifying and
   meeting human and social needs. One of
   the shortest definitions of marketing is
         “meeting needs profitably.”

                        Philip Kotler, Marketing Management, Millenium Edition
What is Marketing?
  My Proposed Def.
   Marketing is an organizational function
and a set of processes for identifying, creating,
    communicating, and delivering value
    to customers in ways that benefit the
       organization and its stakeholders.
What is Marketing?


   It’s your
   turn!!
Evolution of Marketing …Concepts
        Concept
                   Production         Product             Sales          Marketing
Approach
                                  Buyers admire      Good product is
                                  well made          no more an        Customer more
                  Customer will
Assumption                        product & can      assurance for     knowledgeable
                  buy anyway
                                  praise quality &   success among     and less naive
                                  performance        alternatives

                  Efficiently                        Substantial
                                                                       Find wants and
Focus             produce large   Product quality    promotional
                                                                       fill them
                  quantities                         effort
                                                                       Marketing
                                                                       execs
                  Shaped by       Shaped by
                                                     Sales executive   dominating
Strategy          manufacturin    designers and
                                                     more admired      through
                  g executives    engineers
                                                                       customer
                                                                       orientation
                                                                       How to better
                  Sell the out    Marketing
Sales                                                Hard sell         serve the
                  put             myopia
                                                                       customer
Evolution of Marketing … Roles
Values, Needs & Wants
Fundamental beliefs about
what is desirable, worthwhile,
and important to an individual




       Values               Needs   Wants
Values, Needs & Wants
Fundamental beliefs about
what                       is
desirable, worthwhile, and      A state of felt deprivation;
important to an individual      physical, social or individual.




       Values              Needs    Wants
Values, Needs & Wants
Fundamental beliefs about
what is desirable, worthwhile,
and important to an individual
                                 A state of felt deprivation;
                                 physical, social or individual.




       Values               Needs    Wants
                                                That form taken
                                                from a human
                                                need and shaped
                                                Into certain
                                                SOLUTION of a
                                                value to customers
Marketing Debate



          Does Marketing
      Create or Satisfy Needs?
NO
Single
Answer
Marketing
Planning
Key Rules
Key Rules
Key Components
 Executive Summary (last step)
 Situational Analysis
    Environmental Analysis
    Internal Analysis
 Marketing Strategy
    Segmentation, Targeting & Positioning
    Marketing Mix: 4Ps
 Marketing Programs
 Budget / Financial Forecasts
 Controls
Situational
Analysis
Environmental Analysis
              EXTERNAL         F O R C E S - PEST Analysis

                                Economic



                 D IR E C T   F O R C E S - Porter Analysis
                                 Power of
                                  Buyers




                                                      Governmental




                                                                     Social
  Political




               Suppliers
               Power of




                                                        Actions
                               Competition
                                 Rivarly



                                 Threat of
                                Subsitutes



                               Technology
PEST Analysis

     Political             Economic               Sociocultural        Technological
US government is        Struggling US            Increasing            The highest
Constitution-based      economy (T)              environmental         investment of the
federal republic with                            awareness & health    USA government in R
                        Increasing Inflation &
strong democratic       unemployment (T)         consciousness (O)     & D (O)
tradition (O)
                                                 Declining mass        extensive
                        Energy prices                                  technologically
                                                 market
                        increased, and food
                                                                       trends worldwide (O)
                        prices decreased
                        slightly (T)         Increasing diversity of   & (T)
                                             workforce and
                        Consumer purchasing                            increasing number of
                                             markets
                        decision is going
                                                                       user of internet (O)
                        more towards low
                        price (O) & (T)      Changing pace and
                                             location of life &        Non-store formats
                                             household                 (Especially Virtual
                        Lower cost                                     Stores) grew faster
                                             composition
                        competition regional                           than the total retail
                        and globally (T)                               industry (O)

                         Increasing personal
                        income (O)
Porter Analysis   XXXXX



        Low                      Medium
        Significant entry        High bargaining
        barriers, and economy    power, but market is
        of scale                 growing and there’s a
                                 potentiality new
                                 customer groups




         Medium                  Total =Medium
         Rising bargaining        Only government, no
         power, but there’s a     foreign
         potentiality to
         eliminate suppliers    High
                                Rising sales of
                                substitute Products
Porter Analysis
Internal Analysis

Marketing Audit

Questionnaires

Running Vs. New Business
Internal Analysis
Corporate Resources
Marketing   Finance   R&D   Operations   Human       Information
                                         Resources   Systems
Environmental Analysis
Internal Analysis
SWOT Analysis
SWOT Analysis
SWOT is not
just a
nice-to-have;
it must be
used!!
Strengths (S)                                  Weaknesses (W)
                                                    S1: Highly efficient supply chain management     W1: Decreasing Profitability.
                                                    S2: Virtually connected Stores, and Head         W2: The Stores are centralized in
                                                    quarters                                         W3: Negative corporate Image.
                                                    S3: Every one clearly understand the structure   W4: Tight Liquidity.
                                                    S4: Marketing and promotion practices            W5: No marketing division exists.
                                                    S5: Value the employees and calling them         W6: No R&D division exists.
                                                       associate - partners rather than clerks




                 Opportunities (O)                                   SO Strategies                                   WO Strategies
O1: The consumer purchasing decision is going       S1O1 Continual focus on low prices               W1O4 Develop more virtual products that can
more towards low price                                                                               be online sold
                                                    S2O2 Utilize technological tools to maintain
O2: The extensive technologically trends in the     and improve information network                W2O3 Expanding in Europe and by reducing
world
                                                      S4O2 Use the technology in making innovative distribution cost
O3: Existing only in stores a relatively small number
                                                      marketing and promotion practices
of countries
O4: The increasing number of internet users
                                                    S4O4 More focusing on the dot com business

O5: Different store types offer Wal-Mart
opportunities to exploit markets

                    Threats (T)                                      ST Strategies                                   WT Strategies
T1: Increasing Inflation & unemployment             S1T1 Use the efficient supply chain in           W2T2 Expanding outside the to avoid more
T2: Being number one means higher exposure to       decreasing the operation cost                    exposure to competition
competition                                         S1T3 Use the efficient supply chain to maintain W6T3 Establishing R&D division to innovate
T3: Lower cost regional and global manufacturing    lower prices than global competitors            and minimizing costs
leading to price competition
                                                    S4T2 Always keeping an edge in comparison to
T4: Rivalry among competing firms is high
                                                    competitors
T5: Non-store formats (Especially Virtual Stores)
grew faster than the total retail industry          S2T5 Developing the Wal-Mart virtual store to
                                                    lead the market
CIAs                  XXXXX
                             Area              Comment
                             Product           Too narrow product line, and no capability to develop new
Critical Improvement Areas

                             Development       products that would keep the company competitive and
                                               enable it to serve new markets/segments

                             Research and      Strong R&D function is essentially to help the company
                             development       develop new products, and to track technology changes
                                               and also to help the company having the propriety
                                               technology

                             Marketing,        Strong marketing function to develop the company
                             and competitive   marketing arm and skills, and support of competitive
                             intelligence      intelligence to scan and completely understand the industry
                                               and the market

                             Costing           Higher cost relative to competitors may deprive company
                                               from its current super profitability pricing advantages
                             Internal          The management skills needs to be fostered with special
(CIAs)




                             Management        focus on human resources management (and more specific
                                               comp. & benefits)

                             Communication     Communications problems hinder the company
                                               performance especially wit regards to the culture diversity
Marketing
Strategy
Marketing Strategy

                    STP           4Ps


Segmentation   Targeting   Positioning
Marketing Strategy                           STP    4Ps




  Segmentation            Targeting   Positioning



   Customers
Defining different
groups of Customers
who share a similar set
of attributes.


    Products

Can be also defined
from products point of
view, so we have
product segments.
Marketing Strategy                                   STP    4Ps




  Segmentation             Targeting          Positioning



   Customers              Targeting
Defining different
groups of Customers       This is simply to
who share a similar set   choose a
of attributes.            segment, or in
                          other cases you
                          may select to go
    Products              mass!!

                           Single / Multi
Can be also defined        Product /
from products point of      Market
view, so we have           Mass
product segments.
Marketing Strategy                                         STP       4Ps




  Segmentation             Targeting          Positioning



   Customers              Targeting           positioning
Defining different                            Act of designing
groups of Customers       This is simply to   the company’s
who share a similar set   choose a            offerings and
of attributes.            segment, or in      image to occupy
                          other cases you     a distinctive
                          may select to go    place in the
    Products              mass!!              mind of
                                              the target
                           Single / Multi    market
Can be also defined        Product /         segment.
from products point of      Market
view, so we have           Mass               PoPs Vs. PoDs
product segments.                              Identity Vs. Image
Marketing Strategy                                         STP       4Ps




  Segmentation             Targeting          Positioning



   Customers              Targeting           positioning
Defining different                            Act of designing               4ps = 4Cs
groups of Customers       This is simply to   the company’s
who share a similar set   choose a            offerings and
of attributes.            segment, or in      image to occupy        Product = Customer Solution
                          other cases you     a distinctive
                          may select to go    place in the           Price = Customer Cost
    Products              mass!!              mind of
                                              the target             Place = Convenience
                           Single / Multi    market
Can be also defined        Product /         segment.               Promotion = Communication
from products point of      Market
view, so we have           Mass               PoPs Vs. PoDs
product segments.                              Identity Vs. Image
Cases
Segmentation & Targeting

     Product: Residential apartment located in New Cairo
     Features: 300sqm –finished lux with full services
     Price: LE 500,000
     Payment Terms: 35% down payment – 65% 5 years installments


       Guess what are the Targeted Segments?
        B2B / B2C        Demographics   Socioeconomic         Behavioral


                                              B+-A
                                        Owning at least
        Individual       Married with                      Culture oriented
                                            one car
       Consumers          Children                         Love to live calm
                                          Members in
                                        prestigious club
Cases
Multi Segments Targeting
Cases
Re-Positioning




                 From Search Engine
                  to Social Network
Cases
Competitive Strategies
Marketing
Strategy
Golden Rule
Cascading Strategies

             Promotion


    Price                Place
                 4Ps



              Product
Cascading Strategies



 • Product Variety
 • Quality
 • Design
 • Features
 • Brand Name
 • Packaging
 • Size
 • Services
 • Warranties
 • Returning
Cascading Strategies



 • Product Variety
 • Quality
 • Design
                     • List Price
 • Features
                     • Discounts
 • Brand Name
                     • Allowances
 • Packaging
                     • Payment Periods
 • Size
                     • Credit Terms
 • Services
 • Warranties
 • Returning
Cascading Strategies



 • Product Variety
 • Quality
 • Design                                • Channels
                     • List Price
 • Features                              • Coverage
                     • Discounts
 • Brand Name                            • Assortments
                     • Allowances
 • Packaging                             • Locations
                     • Payment Periods
 • Size                                  • Inventory
                     • Credit Terms
 • Services                              • Transport
 • Warranties
 • Returning
Cascading Strategies



 • Product Variety
 • Quality
 • Design                                • Channels
                     • List Price                        • Sales Promotion
 • Features                              • Coverage
                     • Discounts                         • Advertising
 • Brand Name                            • Assortments
                     • Allowances                        • Sales Force
 • Packaging                             • Locations
                     • Payment Periods                   • Public Relation
 • Size                                  • Inventory
                     • Credit Terms                      • Direct Marketing
 • Services                              • Transport
 • Warranties
 • Returning
Marketing
Programs
Objectives

• SMART

• Sales Forecast is the key objective

• Other Examples of SMART objectives:

 • Traffic??

 • Stores??

 • Publicity??
Organization

• Organization Chart


• JD


• Key Personnel
Activities

• Promotion

 • Offline Vs. Online


 • Below the Line Vs. Above the Lone


• R&D
Budget &
Financial
Forecasts
Two Key Figures

• Sales Revenues Forecasts


• Marketing & Sales Expenses
Controls
Control Tools

• Action Planning


• Milestones


• KPIs
Special
Topics
Internet & Marketing
The Internet will create new winners !!
“Kotler @ Millennium”

Now: the wealthiest 10 around the world are
internet made!!

The internet for marketing

             Knowledge

             Reach
Conclusion
What To Do?

  Research Your      Develop Your      Document into
     Market            Strategy        Marketing Plan


• Define          • STP             • Set Goals
• Design          • 4Ps              (Sales Forecast)
• Collect                           • Plan Activities
• Analyze                           • Forecast a Budget
• Document
Just email me to receive your copies
   of various marketing readings
                 oselbadawy@gmail.com
 Keep in touch



      /in/oselbadawy

       /oselbadawy

 Thank You for Being My Audience 

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Fifth day (part two)

  • 1. THE SO CALLED … MARKETING!! What Is It All About?
  • 2. Agenda Topic Duration MARKETING 10 m Concept … Definitions … Evolution … Key Terminologies Market Plan Key Rules, Templates?, Key Components, Situational Analysis, Marketing 30 m Strategy, Marketing Programs, Budget & Controls Situational Analysis 20 m Environmental Analysis, Internal Analysis, SWOT Analysis Marketing Strategy 20 m STP + 4Ps Break 10 m Marketing Programs, Budgets & Controls 10 m Special Topic 5m Internet & Marketing What-to-Do summary 5m Q&A 10 m
  • 3. Real Life Cases XXXXXXXX
  • 5. Science VS. Practice • It is well known that marketing as a science did not start before the 20th century, but marketing as a practice started with the start of mankind!!
  • 6. Social VS. Managerial • Marketing originally is a societal process by which individuals and groups obtain what they need and want through interacting freely with others, but when it comes for managerial level its more formal process aiming primarily at selling products.
  • 7. Understanding Marketing
  • 8. Understanding Marketing
  • 10. What is Market? BUT - not just ANY people, they have to have • Willingness to buy • Purchasing power (money) • Authority to buy
  • 11. What is Marketing? Formal Def. 1 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. The American Marketing Association
  • 12. What is Marketing? Formal Def. 2 Marketing deals with identifying and meeting human and social needs. One of the shortest definitions of marketing is “meeting needs profitably.” Philip Kotler, Marketing Management, Millenium Edition
  • 13. What is Marketing? My Proposed Def. Marketing is an organizational function and a set of processes for identifying, creating, communicating, and delivering value to customers in ways that benefit the organization and its stakeholders.
  • 14. What is Marketing? It’s your turn!!
  • 15. Evolution of Marketing …Concepts Concept Production Product Sales Marketing Approach Buyers admire Good product is well made no more an Customer more Customer will Assumption product & can assurance for knowledgeable buy anyway praise quality & success among and less naive performance alternatives Efficiently Substantial Find wants and Focus produce large Product quality promotional fill them quantities effort Marketing execs Shaped by Shaped by Sales executive dominating Strategy manufacturin designers and more admired through g executives engineers customer orientation How to better Sell the out Marketing Sales Hard sell serve the put myopia customer
  • 17. Values, Needs & Wants Fundamental beliefs about what is desirable, worthwhile, and important to an individual Values Needs Wants
  • 18. Values, Needs & Wants Fundamental beliefs about what is desirable, worthwhile, and A state of felt deprivation; important to an individual physical, social or individual. Values Needs Wants
  • 19. Values, Needs & Wants Fundamental beliefs about what is desirable, worthwhile, and important to an individual A state of felt deprivation; physical, social or individual. Values Needs Wants That form taken from a human need and shaped Into certain SOLUTION of a value to customers
  • 20. Marketing Debate Does Marketing Create or Satisfy Needs?
  • 25. Key Components  Executive Summary (last step)  Situational Analysis  Environmental Analysis  Internal Analysis  Marketing Strategy  Segmentation, Targeting & Positioning  Marketing Mix: 4Ps  Marketing Programs  Budget / Financial Forecasts  Controls
  • 27. Environmental Analysis EXTERNAL F O R C E S - PEST Analysis Economic D IR E C T F O R C E S - Porter Analysis Power of Buyers Governmental Social Political Suppliers Power of Actions Competition Rivarly Threat of Subsitutes Technology
  • 28. PEST Analysis Political Economic Sociocultural Technological US government is Struggling US Increasing The highest Constitution-based economy (T) environmental investment of the federal republic with awareness & health USA government in R Increasing Inflation & strong democratic unemployment (T) consciousness (O) & D (O) tradition (O) Declining mass extensive Energy prices technologically market increased, and food trends worldwide (O) prices decreased slightly (T) Increasing diversity of & (T) workforce and Consumer purchasing increasing number of markets decision is going user of internet (O) more towards low price (O) & (T) Changing pace and location of life & Non-store formats household (Especially Virtual Lower cost Stores) grew faster composition competition regional than the total retail and globally (T) industry (O) Increasing personal income (O)
  • 29. Porter Analysis XXXXX Low Medium Significant entry High bargaining barriers, and economy power, but market is of scale growing and there’s a potentiality new customer groups Medium Total =Medium Rising bargaining Only government, no power, but there’s a foreign potentiality to eliminate suppliers High Rising sales of substitute Products
  • 32. Internal Analysis Corporate Resources Marketing Finance R&D Operations Human Information Resources Systems
  • 37. SWOT is not just a nice-to-have; it must be used!!
  • 38. Strengths (S) Weaknesses (W) S1: Highly efficient supply chain management W1: Decreasing Profitability. S2: Virtually connected Stores, and Head W2: The Stores are centralized in quarters W3: Negative corporate Image. S3: Every one clearly understand the structure W4: Tight Liquidity. S4: Marketing and promotion practices W5: No marketing division exists. S5: Value the employees and calling them W6: No R&D division exists. associate - partners rather than clerks Opportunities (O) SO Strategies WO Strategies O1: The consumer purchasing decision is going S1O1 Continual focus on low prices W1O4 Develop more virtual products that can more towards low price be online sold S2O2 Utilize technological tools to maintain O2: The extensive technologically trends in the and improve information network W2O3 Expanding in Europe and by reducing world S4O2 Use the technology in making innovative distribution cost O3: Existing only in stores a relatively small number marketing and promotion practices of countries O4: The increasing number of internet users S4O4 More focusing on the dot com business O5: Different store types offer Wal-Mart opportunities to exploit markets Threats (T) ST Strategies WT Strategies T1: Increasing Inflation & unemployment S1T1 Use the efficient supply chain in W2T2 Expanding outside the to avoid more T2: Being number one means higher exposure to decreasing the operation cost exposure to competition competition S1T3 Use the efficient supply chain to maintain W6T3 Establishing R&D division to innovate T3: Lower cost regional and global manufacturing lower prices than global competitors and minimizing costs leading to price competition S4T2 Always keeping an edge in comparison to T4: Rivalry among competing firms is high competitors T5: Non-store formats (Especially Virtual Stores) grew faster than the total retail industry S2T5 Developing the Wal-Mart virtual store to lead the market
  • 39. CIAs XXXXX Area Comment Product Too narrow product line, and no capability to develop new Critical Improvement Areas Development products that would keep the company competitive and enable it to serve new markets/segments Research and Strong R&D function is essentially to help the company development develop new products, and to track technology changes and also to help the company having the propriety technology Marketing, Strong marketing function to develop the company and competitive marketing arm and skills, and support of competitive intelligence intelligence to scan and completely understand the industry and the market Costing Higher cost relative to competitors may deprive company from its current super profitability pricing advantages Internal The management skills needs to be fostered with special (CIAs) Management focus on human resources management (and more specific comp. & benefits) Communication Communications problems hinder the company performance especially wit regards to the culture diversity
  • 41. Marketing Strategy STP 4Ps Segmentation Targeting Positioning
  • 42. Marketing Strategy STP 4Ps Segmentation Targeting Positioning Customers Defining different groups of Customers who share a similar set of attributes. Products Can be also defined from products point of view, so we have product segments.
  • 43. Marketing Strategy STP 4Ps Segmentation Targeting Positioning Customers Targeting Defining different groups of Customers This is simply to who share a similar set choose a of attributes. segment, or in other cases you may select to go Products mass!!  Single / Multi Can be also defined  Product / from products point of Market view, so we have  Mass product segments.
  • 44. Marketing Strategy STP 4Ps Segmentation Targeting Positioning Customers Targeting positioning Defining different Act of designing groups of Customers This is simply to the company’s who share a similar set choose a offerings and of attributes. segment, or in image to occupy other cases you a distinctive may select to go place in the Products mass!! mind of the target  Single / Multi market Can be also defined  Product / segment. from products point of Market view, so we have  Mass  PoPs Vs. PoDs product segments.  Identity Vs. Image
  • 45. Marketing Strategy STP 4Ps Segmentation Targeting Positioning Customers Targeting positioning Defining different Act of designing 4ps = 4Cs groups of Customers This is simply to the company’s who share a similar set choose a offerings and of attributes. segment, or in image to occupy Product = Customer Solution other cases you a distinctive may select to go place in the Price = Customer Cost Products mass!! mind of the target Place = Convenience  Single / Multi market Can be also defined  Product / segment. Promotion = Communication from products point of Market view, so we have  Mass  PoPs Vs. PoDs product segments.  Identity Vs. Image
  • 46. Cases Segmentation & Targeting Product: Residential apartment located in New Cairo Features: 300sqm –finished lux with full services Price: LE 500,000 Payment Terms: 35% down payment – 65% 5 years installments Guess what are the Targeted Segments? B2B / B2C Demographics Socioeconomic Behavioral B+-A Owning at least Individual Married with Culture oriented one car Consumers Children Love to live calm Members in prestigious club
  • 48. Cases Re-Positioning From Search Engine to Social Network
  • 51. Cascading Strategies Promotion Price Place 4Ps Product
  • 52. Cascading Strategies • Product Variety • Quality • Design • Features • Brand Name • Packaging • Size • Services • Warranties • Returning
  • 53. Cascading Strategies • Product Variety • Quality • Design • List Price • Features • Discounts • Brand Name • Allowances • Packaging • Payment Periods • Size • Credit Terms • Services • Warranties • Returning
  • 54. Cascading Strategies • Product Variety • Quality • Design • Channels • List Price • Features • Coverage • Discounts • Brand Name • Assortments • Allowances • Packaging • Locations • Payment Periods • Size • Inventory • Credit Terms • Services • Transport • Warranties • Returning
  • 55. Cascading Strategies • Product Variety • Quality • Design • Channels • List Price • Sales Promotion • Features • Coverage • Discounts • Advertising • Brand Name • Assortments • Allowances • Sales Force • Packaging • Locations • Payment Periods • Public Relation • Size • Inventory • Credit Terms • Direct Marketing • Services • Transport • Warranties • Returning
  • 57. Objectives • SMART • Sales Forecast is the key objective • Other Examples of SMART objectives: • Traffic?? • Stores?? • Publicity??
  • 59. Activities • Promotion • Offline Vs. Online • Below the Line Vs. Above the Lone • R&D
  • 61. Two Key Figures • Sales Revenues Forecasts • Marketing & Sales Expenses
  • 63. Control Tools • Action Planning • Milestones • KPIs
  • 65. Internet & Marketing The Internet will create new winners !! “Kotler @ Millennium” Now: the wealthiest 10 around the world are internet made!! The internet for marketing  Knowledge  Reach
  • 67. What To Do? Research Your Develop Your Document into Market Strategy Marketing Plan • Define • STP • Set Goals • Design • 4Ps (Sales Forecast) • Collect • Plan Activities • Analyze • Forecast a Budget • Document
  • 68. Just email me to receive your copies of various marketing readings oselbadawy@gmail.com Keep in touch /in/oselbadawy /oselbadawy Thank You for Being My Audience 

Editor's Notes

  1. Scanning the Societal EnvironmentThe societal environment is scanned with what is called PEST analysis, which is Political-legal, Economic, Sociocutural, TechnologicalWe scanned the environment of the USA, the most significant for example in the economic, is the struggling US economy, the increasing of inflation and unemployment, & increasing personal income.For the technological for example is, that the USA considered the highest in investment in R & D, increasing number of Internet user and the spread of virtual storesFor the political legal, we found a stable democratic governmentAnd finally for the sociocutural, the increasing of environmental awareness and health consciousness, What are the conclusion from the societal scanning of the US that we get?? Let’s see next