Principles of Marketing(euro edition) Kotler Armstrong Saunders Wong (658.8 KOT)
Ch1
Intro:
• Needs wants demands
• Products
• Value and Satisfaction
• Exchange transactions relationships
• Markets
• Marketing
Marketing Management
• Negative demand
• No demand
• Latent demand
• Falling demand
• Irregular demand
• Full demand
• Overfull demand
Marketing Philosophies
• Production concept
• Product concept
• Selling concept
• Marketing concept
Goals of Marketing System
• Maximize consumption
• Maximize consumer satisfaction
• Maximize choice
• Maximize life quality
Marketing Challenges (in 1990s)
• Rapid globalization
• Changing world economy
• Call for ethics and social responsibility
• New marketing landscape
Summary
Ch2
Marketing and Society
Impact on individual customers
• High prices
• High cost of distribution
• High advertising and promotion costs
• Excessive mark-ups
• Deceptive practices
• High pressure selling
Impact on society as a whole
• False wants and too much materialism
• Too few social goods
• Cultural pollution
• Too much political power
Consumerism
Environmentalism
Socially Responsible marketing
• Enlightened marketing
1. Consumer oriented
2. Innovative marketing
3. Value marketing
Ch3
Strategic marketing planning
Overview
• Annual plan
• Long-range plan
• Strategic plan
• SWOT
Strategic plan
SWOT
BCG Growth-Share matrix
Developing growth strategies
Product/Market expansion grid
Marketing process
• Marketing management
• Market strategy
• Develop market mix
Brand plan
Marketing control
Ch4
Marketing Environment
Micro-environment