marketing today - in the new wave technology era
TRANSCRIPT
Marketing Is The Activity, Set Of Institutions, And Processes For Creating, Communicating, Delivering, And Exchanging Offerings
That Have Value For Customers, Clients, Partners, And Society At Large.
~ American Marketing Association ~
MARKETING IS THE MANAGEMENT PROCESS FOR IDENTIFYING, ANTICIPATING AND SATISFYING CUSTOMER REQUIREMENTS
PROFITABLY.~ the chartered institute of marketing ~
Creating Product
Identify Customer
Needs
Branding & Packaging
Pricing
Communicate & Promoting
Placing/ Delivery
After Sales Service
“Marketing”
Creating Product
Identify Customer
Needs
Branding & Packaging
Pricing
Communicate & Promoting
Placing/ Delivery
After Sales Service
“Marketing”
Marketing Research
Production Process
Brand Building & Strategy
Pricing Strategy/ Business Model
Communication Strategy
Sales & Delivery Strategy
Customer Engagement
Marketing & Sales Funnel
Customer Awareness
brand Awareness
brand consideration
brand preference
purchase intention purchase loyalty
customer advocacy
Marketing Saleshandoff
Production
Customer Awareness
~ Philip kotler ~
WITHIN FIVE YEARS, IF YOU RUN YOUR BUSINESS IN THE SAME WAY AS YOU DO NOW,
YOU’RE GOING TO BE OUT OF BUSINESS
PEOPLE DON’T PAY MORE FOR BRAND
PEOPLE BELIEVE
STRANGERS IN COMMUNITY
PEOPLE DON’T SEE THE VALUE
IN MINIMAL DIFFERENCE
CONTROLLED MEDIA LESS POWER.
SOCIAL MEDIA MORE POWER
OUR LIVES FROM NOW ON
DISTRIBUTORS more demanding
TRADITIONAL MEDIA is declining
COMPETITION crowded. heavy price cutting
PUBLIC wish spend less
SOCIAL MEDIA increasingly influential
TRADITIONAL MARKETING’S LOSS OF EFFECTIVENESS
“MARKET ENVIRONMENT has changed. MARKETING IS NOT (JUST) A MARKETING DEPARTMENT BUSINESS. IT’S NOW TIME FOR implement new marketing strategy with HUMAN SPIRIT VALUE.”
the key is to communicate & collaborate
it’s now time for Content Marketingtraditional marketing is dead!
Content Marketing = Thought Leadership*We’ll learn more detail about content marketing later ;)
#1 LOVE YOUR CUSTOMER, RESPECT YOUR COMPETITOR
WIN THEIR LOYALTY BY GIVING THEM GREAT VALUE AND CONNECTING WITH THEM EMOTIONALLY
#2 BE SENSITIVE TO CHANGE, BE READY TO TRANSFORM
BUSINESS LANDSCAPE IS CHANGING AND COMPETITORS ARE GETTING SMARTER ALONG WITH YOUR CUSTOMER
#3 GUARD YOUR NAME, BE CLEAR ABOUT WHO YOU ARE
BRAND REPUTATION IS EVERYTHING THUS ENSURE THAT YOU COMMUNICATE YOUR POSITIONING AND DIFFERENTIATION TO YOUR TARGET MARKET
#4 CUSTOMER ARE DIVERSE, GO FIRST TO THOSE WHO
CAN BENEFIT FROM YOUSIMPLE PRINCIPLE OF SEGMENTATION BUT YOU CAN’T
AND SHOULDN’T TRY TO BE ALL THINGS TO EVERYONE
#5 ALWAYS OFFER A GOOD PACKAGE AT A FAIR PRICE
PRICE & PRODUCT MUST MATCH CUSTOMERS EXPECTATION NOT YOURS
#6 ALWAYS MAKE YOURSELF AVAILABLE, SPREAD THE GOOD NEWS
DON’T MAKE IT HARD FOR CUSTOMERS TO FIND YOU
#7 GET CUSTOMERS, KEEP THEM, GROW THEM
GET TO KNOW YOUR CUSTOMER ONE ON ONE SO YOU HAVE A COMPLETE PICTURE OF THEIR NEEDS, PREFERENCES AND
BEHAVIOR
#8 WHATEVER YOUR BUSINESS, IT’S A SERVICE BUSINESS NOW
YOU MUST HAVE THE SPIRIT OF WANTING TO SERVE YOUR CUSTOMER
#9 ALWAYS REFINE YOUR BUSINESS PROCESS
IT’S A NEVER ENDING PROCESS, EXCEED YOUR PROMISES TO CUSTOMERS & SUPPLIERS
#10 GATHER RELEVANT INFORMATION, BUT USE WISDOM IN MAKING DECISION
KEEP LEARNING, CONSIDER MORE THAN THE FINANCIAL IMPACT