1、• Chapter 1 Marketing: Creating and Capturing Customer Value • Creating and Capturing Customer Value • What Is Marketing? • Understand the Marketplace and Customer Needs • Designing a Customer-Driven Marketing Strategy • Preparing an Integrated Marketing Plan and Program • Building Customer
2、 Relationships • Capturing Value from Customers • The Changing Marketing Landscape • Topic Outline • What Is Marketing? Marketing is a process by which companies create value for customers and build strong customer relationships to capture value from customers in return • What Is Marketing?
3、• The Marketing Process • Understanding the Marketplace and Customer Needs • Customer Needs, Wants, and Demands • 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
4、 want • Marketing myopia is focusing only on existing wants and losing sight of underlying consumer needs • Understanding the Marketplace and Customer Needs • Customer Value and Satisfaction • Expectations • Understanding the Marketplace and Customer Needs Exchange is the act of obtaining a
5、desired object from someone by offering something in return • Understanding the Marketplace and Customer Needs Markets are the set of actual and potential buyers of a product • Designing a Customer-Driven Marketing Strategy Marketing management is the art and science of choosing target markets
6、 and building profitable relationships with them – What customers will we serve? – How can we best serve these customers? – Designing a Customer-Driven Marketing Strategy Market segmentation refers to dividing the markets into segments of customers Target marketing refers to which segments to g
7、o after • Selecting Customers to Serve • Designing a Customer-Driven Marketing Strategy • Choosing a Value Proposition • Designing a Customer-Driven Marketing Strategy • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy Production concept is the idea that co
8、nsumers will favor products that are available or highly affordable • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy Product concept is the idea that consumers will favor products that offer the most quality, performance, and features. Organization should th
9、erefore devote its energy to making continuous product improvements. • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy Selling concept is the idea that consumers will not buy enough of the firm’s products unless it undertakes a large scale selling and promotion
10、effort • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy • Marketing Management Orientations • Designing a Customer-Driven Marketing Strategy • Preparing an Integrated Marke
11、ting Plan and Program The marketing mix: set of tools (four Ps) the firm uses to implement its marketing strategy. It includes product, price, promotion, and place. Integrated marketing program: comprehensive plan that communicates and delivers the intended value to chosen customers. • Bu
12、ilding Customer Relationships • The overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction • Customer Relationship Management (CRM) • Building Customer Relationships • Relationship Building Blocks: Customer Value and S
13、atisfaction • Building Customer Relationships • Customer Relationship Levels and Tools • Building Customer Relationships • Relating with more carefully selected customers uses selective relationship management to target fewer, more profitable customers • Relating more deeply and interactively b
14、y incorporating more interactive two way relationships through blogs, Websites, online communities and social networks • The Changing Nature of Customer Relationships • Building Customer Relationships Customer-managed relationships客户管理关系 Marketing relationships in which customers, empowered by
15、today’s new digital technologies, interact with companies and with each other to shape their relationships with brands. • The Changing Nature of Customer Relationships • Building Customer Relationships Partner relationship management involves working closely with partners in other company depa
16、rtments and outside the company to jointly bring greater value to customers • Building Customer Relationships • Partners inside the company is every function area interacting with customers – Electronically – Cross-functional teams • Partners outside the company is how marketers connect with th
17、eir suppliers, channel partners, and competitors by developing partnerships • Partner Relationship Management • Building Customer Relationships • Supply chain is a channel that stretches from raw materials to components to final products to final buyers • Supply chain management • Partner Relat
18、ionship Management • Capturing Value from Customers • Customer lifetime value is the value of the entire stream of purchases that the customer would make over a lifetime of patronage • Creating Customer Loyalty and Retention • Capturing Value from Customers Share of customer is the portion
19、 of the customer’s purchasing that a company gets in its product categories • Growing Share of Customer • Capturing Value from Customers Customer equity is the total combined customer lifetime values of all of the company’s customers • Capturing Value from Customers • Right relationships with
20、 the right customers involves treating customers as assets that need to be managed and maximized • Different types of customers require different relationship management strategies • Building Customer Equity • The Changing Marketing Landscape • Uncertain Economic Environment • New consumer fr
21、ugality节俭 • Marketers focus on value for the customer • The Changing Marketing Landscape Uncertain Economic Environment • New consumer frugality • Marketers focus on value for the customer • The Changing Marketing Landscape Digital Age • People are connected continuously to people and
22、 information worldwide • Marketers have great new tools to communicate with customers • Internet + mobile communication devices creates environment for online marketing • The Changing Marketing Landscape • Rapid Globalization • Sustainable Marketing • Not-for-Profit Marketing • So, What Is
23、 Marketing? Pulling It All Together • Ch1 Review • Questions and answers Which step of the marketing process lets the company reap获得the rewards of its strong customer relationships ? 1. Building customer relationships. 2. Understanding the marketplace and customer needs. 3. Capturing value
24、from customers. 4. Designing a customer-driven marketing strategy. Which step of the marketing process lets the company reap the rewards of its strong customer relationships ? 1. Building customer relationships. 2. Understanding the marketplace and customer needs. 3. Capturing value from custom
25、ers. 4. Designing a customer-driven marketing strategy. _____ concept holds that consumers will favor products that are available and highly affordable. 1. Product 2. Selling 3. Marketing 4. Production _____ concept holds that consumers will favor products that are available and highly afford
26、able. 1. Product 2. Selling 3. Marketing 4. Production When backed by buying power, wants become _____. 1. benefits 2. offerings 3. needs 4. demands When backed by buying power, wants become _____. 1. benefits 2. offerings 3. needs 4. demands Which of the following is a result of the
27、recent Great Recession? 1. Reduced regulatory intervention 2. Move toward frugality 3. Increased spending on technology 4. Growth of societal marketing Which of the following is a result of the recent Great Recession? 1. Reduced regulatory intervention 2. Move toward frugality 3. Increased s
28、pending on technology 4. Growth of societal marketing Which group of customers are referred to as “barnacles难以摆脱的人” 1. Those who are highly loyal but not very profitable. 2. Those who are both profitable and loyal. 3. Those who are potentially profitable but not loyal. 4. Those who show low po
29、tential profitability and little projected loyalty. Which group of customers are referred to as “barnacles”? 1. Those who are highly loyal but not very profitable. 2. Those who are both profitable and loyal. 3. Those who are potentially profitable but not loyal. 4. Those who show low potential
30、profitability and little projected loyalty. What is customer equity? 1. The total combined customer lifetime values of all of the company’s current and potential customers. 2. The present value of the future cash flows attributed to the customer relationship. 3. The difference between what a cus
31、tomer gets from a product, and what he or she has to give in order to get it. 4. Customer's perceived opinion of a product's value to him or her. What is customer equity? 1. The total combined customer lifetime values of all of the company’s current and potential customers. 2. The present value
32、 of the future cash flows attributed to the customer relationship. 3. The difference between what a customer gets from a product, and what he or she has to give in order to get it. 4. Customer's perceived opinion of a product's value to him or her. Which of the following depends on the product’s
33、 perceived performance relative to a buyer’s expectations? 1. Customer-generated marketing 2. Customer-managed relationships 3. Customer-perceived value 4. Customer satisfaction Which of the following depends on the product’s perceived performance relative to a buyer’s expectations? 1. Custome
34、r-generated marketing 2. Customer-managed relationships 3. Customer-perceived value 4. Customer satisfaction Which is the first step in the marketing process? 1. Designing a customer-driven marketing strategy. 2. Preparing an integrated marketing plan and program. 3. Understanding the marketp
35、lace and customer needs. 4. Building customer relationships. Which is the first step in the marketing process? 1. Designing a customer-driven marketing strategy. 2. Preparing an integrated marketing plan and program. 3. Understanding the marketplace and customer needs. 4. Building customer rel
36、ationships. The _____ concept questions whether the pure marketing concept overlooks possible conflicts between consumer short-run wants and consumer long-run welfare. 1. responsibility marketing 2. societal marketing 3. selling 4. product The _____ concept questions whether the pure marketin
37、g concept overlooks possible conflicts between consumer short-run wants and consumer long-run welfare. 1. responsibility marketing 2. societal marketing 3. selling 4. product With mature consumerism and environmentalism movements, marketers are called to develop _____. 1. consumer-generated m
38、arketing 2. sustainable marketing practices 3. customer-managed relationships 4. selling oriented practices With mature consumerism and environmentalism movements, marketers are called to develop _____. 1. consumer-generated marketing 2. sustainable marketing practices 3. customer-managed rel
39、ationships 4. selling oriented practices • ADDITIONAL PROJECTS, ASSIGNMENTS • Projects • Why is it important to truly understand the customer? Make a list of 10 “wants” that you have. What would have to occur to move each of these from “wants” to “needs”? (Objective 2) • Review the five altern
40、ative concepts under which organizations design and carry out their marketing strategies. Now, take a look at one of the automobile dealerships in your town. Which one of these five concepts do you believe they are typically employing? Why? (Objective 3) • Think of a product or retailer to which yo
41、u are loyal. What has caused this loyalty? What could a competing product/retailer do to break this loyalty? (Objective 4) • Small Group Assignments • Form students into groups of three to five. Each group should read the opening vignette to the chapter on Z. Each group should answer the following
42、 questions. (Objective 2) • In your opinion, is it wise to spend little on media advertising, and rely instead mostly on word of mouth? Explain. • Do you believe that customers really want long-term relationships with a company, rather than a short-term shoe bargains? Why or why not? • Each gro
43、up should then share its findings with the class. • Individual Assignments • Companies are realizing that losing a customer means more than losing a single sale. It means losing a stream of revenue from that customer over their lifetime. Reread the story of Stew Leonard (under Capturing Value from
44、 Customers, p. 20). (Objective 4) • Is it possible to take his idea of “the customer is always right” too far so that it becomes a negative on the company? Why or why not? • Think-Pair-Share • Consider the following questions, formulate and answer, pair with the student on your right, share your
45、thoughts with one another, and respond to questions from the instructor. • How is marketing different from selling? (Objective 1) • Do marketers create needs? (Objective 2) • What is Lexus’ value proposition? (Objective 2) • What are two companies with which you have an emotional bond? Describe
46、 that bond. (Objective 4) • Chapter 2 • Company and Marketing Strategy • Partnering to Build Customer Relationships • Company and Marketing Strategy • Companywide Strategic Planning: Defining Marketing’s Role • Designing the Business Portfolio • Planning Marketing: Partnering to Build Cus
47、tomer Relationships • Marketing Strategy and the Marketing Mix • Managing the Marketing Effort • Measuring and Managing Return on Marketing Investment • Topic Outline • Companywide Strategic Planning Strategic planning is the process of developing and maintaining a strategic fit between the or
48、ganization’s goals and capabilities and its changing marketing opportunities • Strategic Planning • Companywide Strategic Planning • Steps in Strategic Planning • Companywide Strategic Planning • The mission statement is the organization’s purpose, what it wants to accomplish in the larger envi
49、ronment • Market-oriented mission statement defines the business in terms of satisfying basic customer needs • Defining a Market-Oriented Mission • Companywide Strategic Planning • Setting Company Objectives and Goals • Companywide Strategic Planning The business portfolio is the collection of businesses and products that make up the company Portfolio analysis is a major activity in strategic planning whereby management evaluates the products and businesses that make up the company • Designing the Business Portfolio • Companywide Strategic Planning Strategic business units c
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