2. “The term Marketing is defined
as a social and managerial
process by which individuals
and groups obtain what they
need and want through
creating, offering and
exchanging products of value
with others”
4. Marketplace
Physical
Store
Marketspace
Digital
Internet
Metamarket
Cluster of
complementary
products
Spread across a
diverse set of
industries
Automobile
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13. THE PRODUCTION COCEPT
Consumer will
favour those
products that are
widely available
and low in cost.
Therefor increase
production and
cut down costs.
And build profit
through volume.
14.
15. THE PRODUCT CONCEPT
Consumer will favour
those products that offer
the most quality
performance and
features
Therefore, improve
quality, performance ,
and features.
This would lead to
increased sales and
profits.
16.
17. THE SELLING CONCEPT
Consumers, if left
alone, will not
buy enough of
company’s
products.
Therefore,
promote sales
aggressively.
And, build profit
through quick
turnover.
18. MARKETING CONCEPT
“ LOVE THE CUSTOMER , NOT THE PRODUCT ”
Consumers
Produce it
Market it
Learn what they want
Sell what they want(Satisfy
needs of customers)
19.
20.
21. “A holistic marketing concept is based
on the development, design and
implementation of marketing programs,
processes and activities that recognize
the breadth and interdependencies.
Holistic marketing recognizes that
‘everything matters’ with marketing and
that a broad, integrated perspective is
necessary to attain the best solution.”