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MARKETING MANAGEMENT MARKETING MANAGEMENT Chapter 1 INTRODUCTION TO MARKETING
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Page 1: Ch 1

MARKETING MANAGEMENTMARKETING MANAGEMENT

Chapter 1INTRODUCTION TO

MARKETING

Page 2: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Definition of Marketing

“Marketing is a societal process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with others.” (Philip Kotler)

“Marketing is the performance of business activities that directs the flow of goods and services from producer to customer or user.” (American Mgt Association)

Page 3: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Core Marketing ConceptsCore Marketing Concepts

Page 4: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Maslow’s Hierarchy of Needs

Page 5: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Marketing Offers

Tangibles Tangibles Non-tangibles Non-tangibles OthersOthers

Non-durablesNon-durables ServicesServices Persons, IdeasPersons, Ideas

DurablesDurables ActivitiesActivities Places, EventsPlaces, Events

OrganisationsOrganisations

InformationInformation

ExperiencesExperiences

Page 6: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Elements of a Modern Marketing System

Page 7: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Marketing Orientations or Concepts

1. The Production Concept

2. The Product Concept

3. The Selling Concept

4. The Marketing Concept

5. The Customer Concept

6. The Societal Marketing Concept

Page 8: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Model T – Best Example for T – Best Example for ‘Production Concept‘Production Concept’’

Page 9: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

Societal Societal Marketing Concept Concept

Page 10: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

The Marketing ProcessThe Marketing Process

Page 11: Ch 1

Himalaya Publishing HouseMarketing Management

Dr. K. Karunakaran

Chapter 1Introduction to Marketing

The Marketing Mix VariablesThe Marketing Mix Variables


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