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Principles of Marketing
Principles of Marketing
Principles of Marketing
PRINCIPLES OF MARKETING
TASK 2
PRINCIPLES OF MARKETING
TASK 2
PRINCIPLES OF MARKETING
TASK 2
4. Explain the 7Ps of marketing. Cite examples.
1. Products: Tangible or intangible services (e.g., Apple's iPhone).
2. Price: Cost paid by customers (e.g., Rolex's premium pricing).
1. Needs: Essential for survival
3. Place: Distribution methods (e.g., Coca-Cola's extensive network).
(e.g., food, water, shelter.)
4. Promotion: Advertising and communication strategies (e.g., Nike's athlete
2. Wants: Desires beyond campaigns).
5.necessities
People: Staff dealing
(e.g., luxury with customers (e.g., courteous hotel employees).
goods.)
6. Process: Procedures enabling product/service supply (e.g., Amazon's
3. Expectations: Anticipated online ordering).
7.standards
Physical Evidence: Material
(e.g., timely serviceand
at a immaterial components aiding consumer
restaurant.)
evaluation (e.g., restaurant atmosphere).
PRINCIPLES OF MARKETING
TASK 3
1. Differentiate segmentation, targeting, and positioning (STP)
in marketing. Be able to cite contrete examples.
Segmentation is the process of dividing a broader
market into smaller, distinct groups or segments
based on similar characteristics or needs.
Demographic Psychographic
Targeting Targeting
Geographic Product-related
Targeting Targeting
TARGETING
Behavioral Contextual
Targeting Targeting
PRINCIPLES OF MARKETING
TASK 3
1. Differentiate segmentation, targeting, and positioning (STP)
in marketing. Be able to cite contrete examples.
Positioning focuses on differentiating your
offering from competitors by highlighting unique
benefits, features, or values that resonate with the
selected segment.
Quality Benefit
Positioning Positioning
Price User Positioning
POSITIONING Positioning
Differentiation Competitor-based
Positioning Positioning
PRINCIPLES OF MARKETING
TASK 3
II. Among the cited trends, discuss at least two trends that you
experienced as a consumer. Cite contrete examples.
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
Year Population
2018 106,651,394
2019 108,116,615
2020 109,581,078
2021 111,046,913
2022 115,559,009
2023 117,337,368
PRINCIPLES OF MARKETING
GROUP WORK 2
Conduct a research on the following:
Agriculture Non-Agriculture
PRINCIPLES OF MARKETING
TASK 4
market segmentation strategy (demographic, psychographic, behavioral, and geographic)
NIKE
Demographics:
• Targets young adults (18-35) for fitness and older individuals
(35-65) for comfort.
• Offers styles for both men and women.
• Provides budget-friendly options and premium models based
on income.
PRINCIPLES OF MARKETING
TASK 4
market segmentation strategy (demographic, psychographic, behavioral, and geographic)
NIKE
Psychographics:
• Targets health-conscious and active individuals valuing
fitness and outdoor activities.
• Focuses on customers seeking high-performance and stylish
footwear.
PRINCIPLES OF MARKETING
TASK 4
market segmentation strategy (demographic, psychographic, behavioral, and geographic)
NIKE
Behavioral:
• Promotes specific models for marathons, trail running, and
casual jogging.
• Addresses needs for cushioning, stability, or lightweight
designs.
PRINCIPLES OF MARKETING
TASK 4
market segmentation strategy (demographic, psychographic, behavioral, and geographic)
NIKE
Geographic:
• Tailors marketing to regions with a high concentration of
runners, including urban areas and regions with pleasant
outdoor running opportunities.
PRINCIPLES OF MARKETING
THANK YOU!