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PRESENTATION ON
MARKETING
PROCESS
PRESENTED BY:-
SHIVAMGUPTA
• INTRODUCTION OF MARKETING
• DEFINATION OF MARKETING
• INTRODUCTION OF THE MARKETING
PROCESS
• STEPS OF MARKETING PROCESS
Many people thing of marketing only
as selling and advertising. Today,
marketing must be understood not
only in the old sense of making a sell-
“telling and selling” –but in the new
sense of satisfying customer needs.
We define marketing as a social and
managerial process by which
individual and groups obtained what
they need and want through creating
and exchanging value with other.
• The committee of Marketing Teacher’s
Association of the U.S.A. defines Marketing
as: "Marketing consists of the performance
of business activities that direct the flow of
goods and services from producer to
consumer or user.“
• The Chartered Institute of Marketing defines
marketing as: "the management process
responsible for identifying, anticipating and
satisfying customer requirements profitably.
• MARKETING PROCESS IS SIMPLE FIVE STEP MODAL.
• IN THE FIRST FOUR STEPS –COMPANIES WORKTO
UNDERSTAND CONSUMER ,CREATE CUSTOMER VALUE
AND BUILD STRONG CUSTOMER RELATIONSHIP.
•
• IN THE FINAL STEP COMPANIES REAP THE REWARD OF
CREATING SUPIRIOR CUSTOMER VALUE.
• BY CREATING CONSUMER VALUE THEY IN TURN CAPTURE
VALUE FROM CONSUMER IN THE FORM OF SALES ,
PROFIT AND LONG TERM CUSTOMERS EQUITY.
• UNDERSTANDING THE MARKET
PLACEAND CONSUMER NEEDS
• -- NEEDS , WANTS AND DEMANDS
 NEEDS- STATE OF FELT DEPRIVATION
 WANTS- SHAPED BY INDIVIDUAL CULTURE AND
INDIVIDUAL PERSONALITY
 DEMANDS- WANTES BACKED BY BUYING POWER
• MARKETING OFFERS- SOME COMBINATIONS
OF PRODUCT ,SERVICES, INFORMATION OR
EXPERIENCES OFFER TO A MARKET TO SATISFY A
NEED OR WANT.
• VALUE AND SETISFACTION
• EXCHANGE, TRANSACTIONS AND
RELATIONSHIP-
 EXCHANGE – OBTAINING A DESIRED OBJECT FROM
SOME BY OFFERING SOMETHING IN RETURN.
 TRANSECTIONS- CONSIST OF A TRADE OF VALUES
BETWEEN TWO PARTIES.
• MARKET
 ACTUAL AND POTENTIAL BUYERS
• DESIGNING A CUSTOMER –
DRIVEN MARKETING STRETEGY
SELECTING CUSTOMER TO SERVE
DECIDING ON A VALUE PROPSITON
• PREPERING A MARKETING PLAN AND
PROGRAMME
 MARKETING MIX
 PRODUCT- MARKETING OFFER
 PRICE- HOW MUCH WILL BE CHARGE FOR THE OFFER
 PLACE- HOW THE OFEER WILL BE AVAILABLE
 PROMOTION- OFFER COMMUNICATE TO TARGET
CUSTOMER WITH MERITES
•BUILDING CUSTOMER
RELATIONSHIP
CUSTOMER VALUE
CUSTOMER SATISFECTION
•CAPTUREING VALUE FROM
CUSTOMERS
CUERRNT AND FUTURE SALES
MARKET SHARES
PROFIT
AT LAST WE CAN SAY THAT MARKETING IS
A SOCIAL AND MANAGIRIAL PROCESS IN
WHICH THE FIRST FOUR STEPS CREATES
VALUES FOR CUSTOMER AND IN THE LAST
FIFTH STEP THE COMPANY REAP THE
REWARDES OF THE STRONG CUSTOMER
RELATIONSHIP BY CAPTURING VALUE
FROM THE CUSTOMER
THANK YOU

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Marketing process

  • 2. • INTRODUCTION OF MARKETING • DEFINATION OF MARKETING • INTRODUCTION OF THE MARKETING PROCESS • STEPS OF MARKETING PROCESS
  • 3. Many people thing of marketing only as selling and advertising. Today, marketing must be understood not only in the old sense of making a sell- “telling and selling” –but in the new sense of satisfying customer needs.
  • 4. We define marketing as a social and managerial process by which individual and groups obtained what they need and want through creating and exchanging value with other.
  • 5. • The committee of Marketing Teacher’s Association of the U.S.A. defines Marketing as: "Marketing consists of the performance of business activities that direct the flow of goods and services from producer to consumer or user.“ • The Chartered Institute of Marketing defines marketing as: "the management process responsible for identifying, anticipating and satisfying customer requirements profitably.
  • 6.
  • 7. • MARKETING PROCESS IS SIMPLE FIVE STEP MODAL. • IN THE FIRST FOUR STEPS –COMPANIES WORKTO UNDERSTAND CONSUMER ,CREATE CUSTOMER VALUE AND BUILD STRONG CUSTOMER RELATIONSHIP. • • IN THE FINAL STEP COMPANIES REAP THE REWARD OF CREATING SUPIRIOR CUSTOMER VALUE. • BY CREATING CONSUMER VALUE THEY IN TURN CAPTURE VALUE FROM CONSUMER IN THE FORM OF SALES , PROFIT AND LONG TERM CUSTOMERS EQUITY.
  • 8.
  • 9. • UNDERSTANDING THE MARKET PLACEAND CONSUMER NEEDS • -- NEEDS , WANTS AND DEMANDS  NEEDS- STATE OF FELT DEPRIVATION  WANTS- SHAPED BY INDIVIDUAL CULTURE AND INDIVIDUAL PERSONALITY  DEMANDS- WANTES BACKED BY BUYING POWER
  • 10. • MARKETING OFFERS- SOME COMBINATIONS OF PRODUCT ,SERVICES, INFORMATION OR EXPERIENCES OFFER TO A MARKET TO SATISFY A NEED OR WANT. • VALUE AND SETISFACTION • EXCHANGE, TRANSACTIONS AND RELATIONSHIP-  EXCHANGE – OBTAINING A DESIRED OBJECT FROM SOME BY OFFERING SOMETHING IN RETURN.
  • 11.  TRANSECTIONS- CONSIST OF A TRADE OF VALUES BETWEEN TWO PARTIES. • MARKET  ACTUAL AND POTENTIAL BUYERS
  • 12. • DESIGNING A CUSTOMER – DRIVEN MARKETING STRETEGY SELECTING CUSTOMER TO SERVE DECIDING ON A VALUE PROPSITON
  • 13. • PREPERING A MARKETING PLAN AND PROGRAMME  MARKETING MIX  PRODUCT- MARKETING OFFER  PRICE- HOW MUCH WILL BE CHARGE FOR THE OFFER  PLACE- HOW THE OFEER WILL BE AVAILABLE  PROMOTION- OFFER COMMUNICATE TO TARGET CUSTOMER WITH MERITES
  • 15. •CAPTUREING VALUE FROM CUSTOMERS CUERRNT AND FUTURE SALES MARKET SHARES PROFIT
  • 16.
  • 17. AT LAST WE CAN SAY THAT MARKETING IS A SOCIAL AND MANAGIRIAL PROCESS IN WHICH THE FIRST FOUR STEPS CREATES VALUES FOR CUSTOMER AND IN THE LAST FIFTH STEP THE COMPANY REAP THE REWARDES OF THE STRONG CUSTOMER RELATIONSHIP BY CAPTURING VALUE FROM THE CUSTOMER