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Introduction To Marketing
Introduction To Marketing
Made by:
REEM HAMDY
objectives:
1. Define marketing.
2. Describe marketing Eras.
3. Analyze segmentation.
4. Conduct marketing to target segment.
5. Distinguish differentiation from positioning.
6. Value positioning.
What is Marketing?
Process by which individuals and groups obtain
what they need and want through creating and
exchanging products and value with others.
“Marketing is the science and art of exploring,
creating, and delivering value to satisfy the needs
of a target market at a profit.”
Philip Kotler
Marketing Management Philosophies
Production Era.
Product Era.
Selling Era.
Marketing concept.
Societal marketing concept.
What is product?
product is anything that can be offered to a market for attention,
acquisition, use, or consumption and satisfy a want or need.
Types of Products:
1. Pure tangible: such as soap, toothpaste, or salt—no services accompany the
product.
2. pure services: offers primarily a service include a doctor's exam or financial
services.
3. A hybrid product: consists of equal parts of goods and services.
EX. cars repair and maintenance services, warranty…….etc.
EX. American Airlines passengers including some tangibles as food, drinks, and an
airline magazine.
Market segmentation
Demographic segmentation:
according to age, gender, place, religion, race, income, occupation…..etc .
Geographic segmentation:
region, market density
Psychographic segmentation:
dividing market into different groups based on social class, lifestyle, or
personalities, norms, value.
Behavioral segmentation:
dividing market into different groups based on Consumption rate, Occasion,
Benefits, User status (1st time user , ex-user, regular user …etc), Brand loyalty
Targeting
It is selection of potential customers in certain appropriate segment
offering them products.
Evaluating market segment through:
1. Segment Size and Growth.
2. Segment Attractiveness.
3. Company Objectives and Resources.
Marketing to different segments
Mass Marketing (Undifferentiated): same product for all
buyers.
• Delivery.
• Image differentiation.
• Features.
• Performance.
• Credibility.
Positioning
By using:
1. product attribute or benefit.
2. price/quality.
3. Use or application.
4. product class.
5. Product user.
6. competitors.
7. cultural symbols.
Brand Positioning & POP/POD