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Marketing Planning &

Implementation
(MGT-411)

Mr. Abid Saeed


(Assistant Professor)

abidsaeed@comsats.edu.pk
Course Objectives
 Students understand the basic theories,
concepts, methods, variables, problems,
practices, processes, and terminology of
contemporary marketing.

 Begin to develop and utilize analytical,


decision- making, and problem-solving skills
that approximate "real world" marketing.

 Develop a consciousness about the


importance of ethics in the marketing
discipline.
Learning Outcomes
 Understand the importance in business
practice of being marketing oriented.

 Describe a range of common strategies for


use with each of the various marketing mix
tools: product, pricing, promotion, and
distribution.

 Recommend and justify an appropriate mix


of such strategies to form a cohesive overall
strategy for a given marketing task or
situation.
Recommended Books
 Marketing Management – A South Asian Perspective
by Philip Kotler, Kevin Lane Keller, Abraham Koshy &
Mithileshwar Jha, 13th Edition, Published by Pearson
Education, Inc.

 Strategic Marketing Management – Meeting The


Global Marketing Challenges by Carol H. Anderson &
Julian W. Vincze Published by Houghton Mifflin Company.

 Principles of Advertising & IMC by Tom Duncan 2nd


Edition, Published by McGraw-Hill Irwin.

 Principles of Marketing by Philip Kotler & Gary Armstrong


Thirteenth Edition, Published by Prentice Hall
Teaching Methodology

My basic teaching philosophy for this course is to


blend the theory and practice of Marketing
Planning and Implementation in a comfortable,
supportive & easy language that promotes active
learning.
Assessment Criteria

ITEM ASSESSMENT TASK TOTAL MARKS

1 Assignments (4) 10%


2 Quizzes (4) 10%
Graded Discussion
3 05%
Topics (4)
4 1st Sessional 10%
5 2nd Sessional 15%

6 Final Examination 50%

Your assessment & final grades will be based as per University existing rules.
Course Outline
 Defining Marketing For The 21st Century
 Developing Marketing Strategies And Plans
 Gathering Information & Scanning The Environment
 Conducting Marketing Research
 Creating Customer Value, Satisfaction, and loyalty
 Analysing Consumer Markets
 Identifying Market Segments And targets
 Creating Brand Equity
 Setting Product Strategy
 Developing Pricing Strategies And Programs
 Introducing New Market Offerings
 Using Advertising & Promotion To Build Brands
 Advertising & IMC Media Planning
 Consumer Sales Promotion & Packaging
 How Brand Communication Works
LECTURE-1
Defining Marketing
for the 21st Century
Chapter Questions
• Why is marketing important?
• What is the scope of marketing?
• What are some fundamental marketing
concepts?
• How has marketing management changed?
• What are the tasks necessary for successful
marketing management?
What is Marketing?

Marketing is an organizational function


and a set of processes for creating,
communicating, and delivering value
to customers and for managing
customer relationships
in ways that benefit the
organization and its stakeholders.
(American Marketing Association Formal Definition)
What is Marketing?

Marketing is an organizational function


and a set of processes for creating,
communicating, and delivering value
to customers and for managing
customer relationships
in ways that benefit the
organization and its stakeholders.
(American Marketing Association Formal Definition)
What is Marketing Management?

Marketing management is the


art and science
of choosing target markets
and getting, keeping, and growing
customers through
creating, delivering, and communicating
superior customer value.
What is Marketed?

• Goods • Places and properties


• Services • Organizations
• Events and experiences • Information
• Persons • Ideas
Demand States
• Negative Demand • Irregular Demand
• Consumers dislike the • Consumers purchases vary on a
product e.g. Vaccination, Dental work seasonal, monthly, weekly, daily

• Nonexistent Demand
or hourly e.g. Museums on week days,
Travelling Peak Off Peak time

• Consumers may be unaware


of the product e.g. Foreign Language • Unwholesome Demand
course • Consumers attracted to
• Latent Demand
products that have undesirable
social consequences e.g. Cigarettes,
• Consumers may share a Alcohol, Drugs

strong need that can’t be


satisfied with existing product • Full Demand
e.g. Harm less cigarettes, Fuel Efficient cars • Consumers are adequately
• Declining Demand
buying all products.

• Consumers begins to buy the • Overfull Demand


product less frequently e.g.
churches, Govt. Schools
• More consumers would like to
buy than can be satisfied.
Key Customer Markets
• Consumer markets
• Business markets
• Global markets
• Nonprofit/Government markets
Functions of CMOs
• Strengthening the brands.
• Measuring marketing effectiveness.
• Driving new product development based on
customer needs.
• Gathering meaningful customer insights.
• Utilizing new marketing technology.
Core Marketing Concepts
• Needs, wants, and • Marketing channels
demands • Communication Channels e.g.
Newspapers, Magazines Radio., Television, Mail,
• Target markets, Telephone, Billboards, Posters, Fliers, CDs, Audio
Tapes & Internet
positioning, • Distribution Channels e.g. Distributors,
segmentation Wholesalers, Retailers, & Agents

• Supply chain
• Offerings and brands
• Competition
• Value and
satisfaction • Marketing environment
• Customer value Triad • Task Environment e.g. Company,
Quality, Service & Price (QSP) Suppliers, Distributors, Dealers & Target
Customers

• Broad Environment e.g. Demographic,


PESTL

• Marketing planning
The New Marketing Realities
Major Societal Forces
• Network information technology
• Globalization
• Deregulation
• Privatization
• Heightened competition
• Industry convergence
• Consumer resistance
• Retail transformation
• Disintermediation
New Consumer Capabilities

• A substantial increase in buying power


• A greater variety of available goods and
services.
• A great amount of information about
practically anything.
• Greater ease in interacting and placing and
receiving orders.
• An ability to compare notes on products and
services.
• An amplified voice to influence public opinion.
Company Orientations Toward The
Market Place
• The Production Concept
• Consumers will prefer products that are widely available &
inexpensive e.g. Lenovo, Haier etc.

• The Product Concept


• Consumer favor products that offer the most quality,
performance, or innovative features e.g. Rolex etc.

• The Selling Concept


• Consumers & businesses, if left alone, won’t buy enough of
the organization’s products e.g. Insurance, Encyclopedias etc.

• The Marketing Concept


• Emerged in mid 1950s Customer-Centered “Sense &
Respond” e.g. Dell Computer etc.
Marketing Mix and the Customer
Four Ps
• Product Four Cs
• Product Variety/Quality/ Design/


Features/Brand Name/ Packaging/
Sizes/Services/Warranties/Returns Customer solution
• Price • Customer cost
• List Price/Discounts/Allowances/
Payment Period/Credit Terms
• Convenience
• Place • Communication
• Channels/Coverage/Assortments/
Locations/Inventory/Transport

• Promotion
• Sales Promotion/Advertising/Sales
Force/Public relations/ Direct
Marketing
The Holistic Marketing Concept
• Relationship Marketing
• Relationship marketing is a strategy designed to foster
customer loyalty, interaction and long-term engagement.
• Integrated Marketing Communication
• Integrated marketing communication (IMC) is a process
for planning, executing and monitoring the brand
messages that create customer relationship.
• Internal Marketing
• Internal marketing is the task of hiring, training, and
motivating able employees who want to serve customers
well.
The Holistic Marketing Concept…
• Performance Marketing
• Financial Accountability Corporate Social Initiatives

• Social Responsibility • Corporate social


Marketing marketing
• Cause marketing
• Corporate philanthropy
• Corporate community
involvement
• Socially responsible
business practices
References & Bibliography
 Marketing Management – A South Asian Perspective
by Philip Kotler, Kevin Lane Keller, Abraham Koshy &
Mithileshwar Jha, 13th Edition, Published by Pearson
Education, Inc.

 Strategic Marketing Management – Meeting The


Global Marketing Challenges by Carol H. Anderson &
Julian W. Vincze Published by Houghton Mifflin Company.

 Principles of Advertising & IMC by Tom Duncan 2nd


Edition, Published by McGraw-Hill Irwin.

 Principles of Marketing by Philip Kotler & Gary Armstrong


Thirteenth Edition, Published by Prentice Hall
"Unless you try to do something beyond what you have
already mastered, you will never grow."
- Ronald E. Osborn

The End…

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