Managing The Marketing Function

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CHAPTER 11

MANAGING
THE MARKETING
FUNCTION
The Marketing Concept

• Marketing

• Is a group of activities designed to


facilitate and expedite the selling
of goods and services.
The 4 P’s of Marketing
The Product

The Price

The Place

The Promotion
Promotional tools

Advertising
Publicity
Personal Selling
Sales Promotion
EXAMPLES OF
SALES PROMOTION
Strategic Marketing For
Engineers
• Selecting a target market
• A market consists of individuals or
organizations, or both with the
desire and ability to buy a specific
product or service.
Factors in selecting a
target market
• The size of the market

• The number of competitors


serving the market
Strategic Marketing For
Engineers
• Developing a marketing mix
• After the target market, a
marketing mix must be created
and maintained.
• IN-PERSON • IMPERSONAL
PRESENTATIONS PRESENTATIONS
• One-on-One • Print , Radio/TV and
• Internet teleconferencing Yellow Pages Advertising
• In Person, Telephone, • Web site
Letter, Fax, E-mail • Printed Materials of all
• Selling Environment kinds
• Attire/Grooming • Signage
• Public Presentations, • Window, Counter, Shelf
Civic Activities Display
• Networking • Broadcast Fax and E-Mail
• Trade Shows? • Direct Mail
• Sponsorships?
THE
MAJOR MAJOR
END

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