LIST OF SIX MARKETING CONCEPTS Following are the six concepts of marketing • Production concept • Product concept • Selling concept • Marketing concept • Societal marketing concept • Holistic marketing concept THE PRODUCTION CONCEPT: DEFINITION BY KOTLER: “It is the idea that customers will favor products that are available and highly affordable and that the organization should therefore focus on improving production and distribution efficiency.” EXPLANATION: This
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Marketing for Teenagers Jennifer PSY/322 Don Crabtree May 14‚ 2012 Today’s teenagers are our newest generation susceptible to advertisement. In order to properly market for these children one must first understand them. Teens are the technological junkies of our nation‚ these children ranging from ages 12-18 have never gone a day without the internet. They are less trusting then previous generations with today’s advertisements. Also‚ peer acceptance and personal appearance is
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Defining Marketing Paper Marketing is an activity. Marketing activities and strategies result in making products available that satisfy customers while making profits for the companies that offer those products. Marketing is the process of planning and executing the conception‚ pricing‚ promotion and distribution of ideas‚ goods and services to create exchanges that satisfy individual and organizational objectives (American Marketing Association). Marketing is far more than tactics. Marketing
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Marketing Mix In order to market our product we will be focusing on the Product Strategy‚ Price Strategy‚ Place Strategy and Promotion Strategy. Product: The product is an innovation of the existing gaming mouse and has the following product levels: 1. Core Benefit – The main purpose of introducing this product is to act as a pointing device to enhance Graphic User Interface. 2. Actual Product – This product features a finger print scanner‚ mini projector‚ heat sensor‚ surface
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Marketing Segmentation As stated by Finch (2012) market segmentation describes both a process and strategy by which the total market for a product is divided into smaller parts or segments (p. 158). There are four levels of marketing segmentation as described by Finch(2012) which are mass marketing‚ segment marketing‚ niche marketing‚ and customized marketing (p. 162). Mass marketing: Finch (2012) states that the seller does not differentiate between prospective buyers at all (p. 162). This is
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MARKETING RX Shouldn’t our board consider our own sales forecast? By Ardy Roberto‚ Ned Roberto Philippine Daily Inquirer 3:03 am | Friday‚ June 28th‚ 2013 1 26 9 Q: By November of each year‚ our Board tells those of us in Sales what would be our sales quota for the following year. In good times and bad‚ the quota is communicated in the same way. It’s so many percent higher than the previous year. There have been years when we met the sales quota but over the past six years‚ we’ve been below
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MARKETING PLAN : ZMY & ASSOCIATES SDN BHD PRESENTED BY : ILI NABIHAH BINTI AHMAD 2012249218 Agency Background Founders: Puan Zuriati Mohamed Yusoff : Encik Zubir bin Ismail Founded on : 23rd March 2011 Agency’s operation : Promoting and selling AIA AFG Takaful Berhad products AATB is a joint-venture company between American International Assurance Bhd and Alliance Bank Malaysia Bhd‚ a wholly owned subsidiary of Alliance Financial Group Berhad ZMY & Associates Sdn. Bhd’s
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Marketing 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 •
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Marketing and the 7Ps A brief summary of marketing and how it works © The Chartered Institute of Marketing 2005 www.cim.co.uk/marketingresources www.cim.co.uk/knowledgehub | 1 Marketing and the 7Ps: A brief summary of marketing and how it works ONE What is marketing? he Chartered Institute of T Marketing offers the following Marketing is the management process responsible for identifying‚ anticipating and Every product we buy‚ every store we visit‚ every media
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First and foremost marketing is a process and a function that influence an organisation ’s ability to deliver value to customers. The American Marketing Association (2006) define marketing as "an organizational function and a set of processes for creating‚ communicating‚ and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders." The above definition clearly places marketing as a function‚ and a process. This process
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