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Marketing valueMARKETING
VALUE
Value is subjective and relational . The value of
a product is the mental estimation a consumer makes
of it. Formally it may be conceptualized as
the relationship between the consumers perceived
benefits in relation to the perceived costs of receiving
these benefits
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Value in marketing
Defined by qualitative and quantitative. On the
qualitative side, value is the perceived gain composed
of individual's emotional, mental and physicalcondition plus various social, economic, cultural and
environmental factors. On the quantitative side,
value is the actual gain measured in terms of
financial numbers, and percentages.
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Marketing value
Realization at work
Money is not important, but need satisfaction. This
kind of people help in making evolution and
history. They aspire after new inventions anddiscoveries, overcoming all obstacles on their
ways.
Datuk Dr. Maznah Hamid as the iron lady in
Malaysia. The first women into the security force
industry and become the mentor and the idol to
people in our country as an entrepreneur.
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The hardship and adventureThe situation or time was found the difficult to handle
and make it as the one of an adventure in life
The company keep growing and
become harder and hard to handle
the expanding of staff
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The growth
An increase in some quantity over timeIn the article, it based on growing the business took
persistency, perseverance and endurance.
every two years, you must renew and reevaluateyour short, medium and long term goal and life
become more interesting and exciting
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Unique technology and services
About something new and unique can use in
business. The invention of a solution to the
problem generates technology based on thetime .
Heading 60 branches and hundreds of firearms and numerous
vehicle, the services not limited to static guard but also span to
logistic, cash-in-transit, cash management and high tech cargo
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A trusted, long term relationship
combined with the experience creates a good
foundation for trust, and as the relationshipdevelops over time, that trust can grow even
stronger in business.
From the extend knowledge about the security,
Maznah had to started by guarding five houses
which were entrusted to her. She take this
opportunity to build the long relationship with
their client.
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Challenges
Refer to things that are imbued with a sense of
difficulty and victory.
in growing the business, Maznah faced
challenge after challenge: no bank who
will give her a business loan
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Risk taker
refers to the tendency to engage in behaviors that have
the potential to be harmful or dangerous, yet at the
same time provide the opportunity for some kind of
outcome that can be perceived as positive
each time I wanted to open a branch men tried to stop
me but I never gave up
sometime in managing, always suspicious of everything
and everybody because she dealing with people propertyand cannot afford to be soft
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Velocity in business
Velocity is a component of the quantity theory
of money, which economists utilize to explain
the effects of changes in the money supply on
prices, output, and gross domestic product.
Based on article, the velocity ofMaznah business
more to keep growing the security force into theglobal and want to expand into Europe, the UAE and
the US
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Opportunity
About the advance or something opportunity which
come together with advantage and benefit while
be the profit to the business. individual must
capture the opportunity to generate the value inthe business
The head of Malaysia leading security company
employing more than 5000 staff throughout Singapore,
Bangkok, China, Korea and Germany. It give the
opportunity to other country to work at Malaysia.
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Ability to innovate
About the business activity@ concept that have ability
to innovate and become creative and new to the
business world. Create the innovation in
management can built the ability and will increase
the profit to the company
security-force provide a complete and total security
package, pioneering the concept of total security, such as
the developed and diversified into many subsidiarycompany like Danau Lumayan, a property development
company
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Integrity in business
concept of consistency of actions, values, methods,
measures, principles, expectations, and outcomes. Inethics, integrity determines as
the honesty and truthfulness and accuracy of one's
actions
Since from school, Maznah was display theleadership skill and become the tutor and translator
for a number of embassies. Always impressed the
suitable lifestyle when discussion with client.
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Role model
About the generally means any of person who serves as
an example, whose behavior is emulated by others
People ask her to be their mentor, motivator and
business coach and her attitude as the entrepreneur will
become the role model to the others entrepreneur. That
make her to travel around the country inspiring more
and more people to be financially independent
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Hardworking& proactive
Hardworking: characterized by hard work and
perseveranceProactive: behavior involves acting in advance of a
future situation, rather than reacting.
she strong, full of courage, would
tolerate no-nonsense, clearly leader,
and hardworking. She strictly stipulated
to her family, that they must return
upon completion of their education and
be entrepreneurs in family business.
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Experience
as a general concept comprises knowledge or
skill of some thing or some event gainedthrough involve or exposure to that thing into
event
The kind of security business comewhen she was tutoring and
translated, every house had guard
house. That was the extent of
Maznah knowledge about the
security business. she started the
security business with her husband
with starting cost RM5000
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Excellence in business
a talent or quality which is unusually good and
so surpasses ordinary standards and also
about an aimed for
in mystandard of performanceindustry you cannot trust anybody, and you
can depend on no one except yourself. She
developed a never-say-die attitude and
thankfully I have a husband as the
supporter.
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Fortitude in businessAbout the mental and emotional strength in facing
difficult. That mean, the ability in self to defend
when face the problem or conflict in business.
they live in illegal squatters with no electricity, she and
her husband suffered for more than ten years but
hardship made they tough and now they live consistent
and happy
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WisdomDetermine as a deep understanding and realization of
people, things, events or situations, resulting in the
ability to apply perceptions, judgments and actions
in keeping with this understanding
From the hardship she face, it transfer she become wise
women full of wisdom. She also had to take on add jobs
to make ends meet and become good at multi-level
marketing in their business.
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Ethics
a branch of philosophy that involves of the
systematizing, defending, and recommending
concepts of right and wrong behavior
she implement the business ethics in her business. she
not just take her kids to work in company but also
helping the extended family who has not gone to
university to rise up in the company.