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MARKETING MANAGEMENT
( C O M M O N S E N S E M A D E D I F F I C U LT )
Lesson 1
MODULE OUTLINE
14 Lecturing + Tutorial Sessions (Face-to-face)
1 Quiz (10%)
1 Test (20%)
1 group assignment (30%)
1 Final written examination (40%)
Total = 100%
SELAMAT DATANG
My Name is Ms Jackie
My email is jlfquek@gmail.com
LESSON 1 OBJECTIVES
Define Marketing, Management &
Marketing Management
Memorize and reproduce the
basic concepts of Marketing
Management
List and describe the Marketing
Process
DEFINITION OF MARKETING
(PEMASARAN)
Marketing is a planning and
conceptual implementation of
processes involving a product,
pricing, promotion and
distribution of goods and
services to create an exchange
that satisfies individuals and
fulfil the goals of an
organization
(Kotler, 2003)
DEFINITION OF MANAGEMENT
Is a process of planning,
organizing, leading and
controlling the tasks and
responsibilities of the
members in an organization
and the utilizations of all the
resources owned to reach the
objectives that have been
decided
(Stoner, 1995)
MARKETING MANAGEMENT
OFFER
Wants &
Demands
Products
Services
People
Events
Experiences
Places
Properties
Information
Ideas
Organizations
Un-Satisfied
- Will buy less
- Will not buy
anymore
- Will tell others
not to buy
- Will buy from
others instead
UNDERSTANDING THE
MARKETPLACE AND CUSTOMER
NEEDS
Market offerings are some
combination of products,
services, information, or
experiences offered to a
market to satisfy a need or
want
Marketing myopia is A short-sighted and
inward looking approach to marketing
that focuses on the needs of the
company instead of defining the company
and its products in terms of the
customers' needs and wants.