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Strategy
involves
creating “fit”
among
company’s
activities.
Strategy
requires you to
make trade-offs
in competing –
to choose what
not to do.
Strategy is the
creation of
unique and
valuable
position
involving a
different set of
activities.
Marketing
5 Common
Misconceptions
About
Marketing
1. SELLING
“ I don’t know
how to sell but
I know how to
market”
- Donald Lim, CEO,
Dentsu Aegis Network
The Aim of
Marketing Is to
make SELLING
Superfluous
-Peter Drucker
2. Advertising
AWARENESS
3. Creatives
If it does not
sell, it is not
creative
- David Ogilvy
If it does not
sell, it is not
creative
- David Ogilvy4. Expense
If it does not
sell, it is not
creative
- David Ogilvy
No marketing this year,
no topline revenue this
year. No top line revenue
this year, no bottom line
profit this year. No bottom
line profit this year, no top
line revenue next year
- Jack Welch
5. Job of Marketing Manager
Business has two
basic functions –
Marketing and
Innovation
- Peter Drucker
MARKETING is
Understanding Your Target Market
What are their
NEEDS, WANTS,
and Expectations
NWE
Needs Basic, Acceptable, Non-
Motivating
Wants Motivating,
Differentiating
Expectations Wants that are INTANGIBLE
or not part of the PHYSICAL
ASPECT of the Product
What ARE their
BARRIERS, IRRITANTS,
DISSAPOINTMENTS
ANNOYANCES (BIDA)
BIDA
Barriers Anything that prevents your
customer from Buying
Irritants Anything that causes
discomforts to customer
Disappointments Failure of expectations to
manifest
Annoyances An unpleasant mental state,
characterized by irritation and
distraction
Form a group. Select
one company among
the members of your
group. Discuss the
NWE and BIDA of the
company’s customers.
Creating the Product and Services that People Need
The product and service
you create should be a
SOLUTION to their NWE
or BIDA.
Communicating Your Products and Services
Marketing Communication
(Promotion)
Delivering the Promised Value
Are they Happy or
Satisfied with the
Products and Services.
Are they willing to pay
the price you set?
( Voice of the Customer)
Marketing is
Understanding, Creating,
Communicating and
Delivering Value
to satisfy the needs of
your Target Market at a
Profit
- Philipp Kotler
PROFIT
is the reward given by
the customer for the
risk you take for
providing the
products and services
they ask.
Understand
Create
Communicate and Deliver Value
Profitable Growth
Profitable Growth
Marketing in Matrix
Understand
Create
Deliver
Communicate
Profit
RESEARCH STP MARKETING
MIX
IMPLEMENTATION MONITORING PROFIT
KOTLER MARKETING
FRAMEWORK
START with WHY
(The Deeper Meaning)
Bakit ka
Bumabangon ng
Maaga?
Strategic Marketing for Managers
Strategic Marketing for Managers

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  2. Grab, Vacuum Sealed Pack, Mobile Phone
  3. Grab, Vacuum Sealed Pack, Mobile Phone
  4. Grab, Vacuum Sealed Pack, Mobile Phone