Fundamentals of Marketing Welcome! Wl ! Dr. Stephan Grzeskowiak Professeur‚ Departement Marketing © S. Grzeskowiak How do get these slides? Programs Postgraduate Fundamentals of Marketing © S. Grzeskowiak 1 11/6/2010 Preparation for today’s class • R d IKEA case (HBSP 9 504 094) Read 9-504-094) • Read KKBGH ‘Marketing Management’ – Part I (ch 1 – 4) ‘Understanding Marketing Mangement’ • Download and print Class notes © S. Grzeskowiak Fundamentals of Marketing What
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of goods‚ services‚ ideas or experiences to satisfy their needs and wants. The needs and wants of consumers often vary across different cultures‚ situations and individual characteristics.”(Marketing Management‚ Kotler and Keller). Proper study of consumer behaviour is necessary for the improvement of marketing strategies. Economic recession Economic recession is the term used to explain the condition when the economy has fallen down. It is nothing but a financial crisis. During recession the economy
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Problem Statement…………………………………………………………………….4 III. SWOT Analysis of Micro and Macro Environments………………………………5 i.) Micro Environments……………………………………………………………5 1. Corporate Objectives………………………………………………………..5 2. Marketing……………………………………………………………………5 3. Managements………………………………………………………………..5 4. Operations (Production/ Service Process)………………………………….6 5. Finance………………………………………………………………………6 6. Research and Development………………………………………………….6 7. Human Resources……………………………………………………………6
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Marketing Management – MM522 - Discussion 1 (Week 1) 1. Name the six steps in the marketing research process as discussed in the Kotler text. 1. Define the problem and research objectives. 2. Develop the research plan 3. Collect the information 4. Analyze the information 5. Present the finding 6. Make the decision 2. Why is it important to include all of these steps in the research process? Every research product is different‚ but you have to plan‚ prepare‚ and execute the research
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This case is discussing the U.S. paint industry and especially the case of Jones Blair Company under the direction of Alexander Barrett. This industry contains almost 600 paints firms and is divided into three broad segments: architectural coatings‚ original equipment manufacturing coatings‚ and special-purpose coatings where each segment serves a specific need. Jones Blair Company produces and markets architectural paint and original equipment manufacturing coatings under the Jones Blair brand name
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Characters Lama - Assistant Marketing Manager of “Think out”. Basma – Lama’s previous manager – head of marketing department in “Scratch co”. Raseel – Lama’s current manager (Vice President of the “Think out”). Hafia - CEO of “Think out”. Rahaf – secretary of “Think out”. Role Play Scenario Scene 1:-‚ (Lama enters “Think out” and Raseel quickly approaches her) Raseel Congratulations to our new marketing manager assistant! Lama (Smiles) Thank you! Raseel You really deserve it! Can you come with
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Chapter 7 Positioning Services in Competitive Markets GENERAL CONTENT Multiple Choice Questions 1. In marketing terms‚ ____________ means providing a relatively narrow product mix for a particular market segment. a. cantor b. synopsis c. focus d. phyla e. class (c; Easy; p. 186) 2. Which of the following is NOT one of the four basic focus strategies? a. Service focused b. Unfocused c. Fully focused d. Refocused e. Market focused (d; Easy; p. 186) 3. A ____________ is composed of a group
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Executive summary This report provides an analysis of the marketing strategy of Dior Company. The evaluation is based on the perfume‚ recently launched by the company. Methods of analysis include visual analyzes and comparison. Results of data analyzed show that the level of marketing performance of Dior Company is quite good. The report finds that the company has many prospects in the current position. Nevertheless‚ the company needs to be careful with European markets as well as the content of
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ICU: INTRODUCTION TO MARKETING Vladimir V. Bulatov. bbe@voliacable.com We‚ Fr 8:30 LECTURE 12. PRODUCT DEVELOPMENT II. Reading: Ch. 11‚ 12‚ addendum sent onto your e-mails. Three product levels in marketing: 1.Core product: “what the buyer is really buying?” (E.g. Charels Revson [Revlon] recognizes that: “In the factory we make cosmetics; in the store – we sell hope”). Product concept is the idea about benefits‚ not features. 2.Tangible product – a ready-to-use product that has certain
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important questions the marketing manager must answer to design a winning marketing strategy. How does the manager go about answering these questions Chapter 1 Review Notes 1. Define marketing and discuss how it is more than just “telling and selling.” Marketing is managing profitable customer relationships. The twofold goal of marketing is to attract new customers by promising superior value and to keep and grow current customers by delivering satisfaction. Hence‚ marketing is defined as the process
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