Professional Documents
Culture Documents
Manajemen Pemasaran: Program Magister Manajemen Universitas Islam Indonesia
Manajemen Pemasaran: Program Magister Manajemen Universitas Islam Indonesia
Asmai Ishak
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Copyright © 2003 Prentice-Hall, Inc.
What is Marketing?
Marketing Defined:
“Marketing is a social and managerial process
by which individuals and groups obtain what
they need and want through creating and
exchanging value with others”
Marketing is to establish, develop and
commercialize long-term customer relationships,
so that the objectives of the parties involved are
met. This is done by a mutual exchange and
keeping of promises (Gronroos, 1989)
1989
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What is Marketing?
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What are marketed?
Places Goods
Properties Services
Organizations Experiences
Information Events
Ideas Persons
Marketing is about managing profitable
customer relationships
Attracting new customers
Retaining and growing current customers
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Who are the markets?
Consumer Markets
Business Markets
Global Markets
Nonprofit and
Governmental Markets
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Marketing Management
Marketing management is the art and
science of choosing target markets and
building profitable relationships with
them.
This definition must include answers to two
questions:
What customers will we serve?
How can we serve these customers best?
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Selecting Customers and
Creating Value
Customer Management
What customers will we serve?
Marketers select customers that can be served
profitably
Value Proposition
How can we serve these customers best?
Includes the set of benefits or values a company
promises to deliver to consumers to satisfy their
needs
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Marketing Orientations
The Production Concept
Management focus on production and distribution efficiency
Consumers favour
Readily available products
Affordable products
The Product Concept
Consumers favour products offering
Highest quality
Best performance
Most innovative features
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The Selling Concept
Sell what you make
Typically for unsought goods
Focus on sales transactions
Driven by excess capacity
Assumes hard sell customers are satisfied
The Marketing Concept
Focus on customer wants and needs
Delivering satisfaction
More effectively than competitors
More efficiently than competitors
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Comparison between Selling
and Marketing Concepts
Starting Focus Means Ends
point
Existing Selling and Profits through
Factory products promoting sales volume
The selling concept
Internal Integrated
Marketing Marketing
Holistic
Marketing
Socially Relationship
Responsible Marketing
Marketing
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Understanding the
Marketplace
Core Concepts Need
State of felt deprivation
Needs, wants, and demands
Example: Need food
Marketing offers:
including products, Wants
services and experiences The form of needs as shaped
by culture and the individual
Value and satisfaction
Example: Want a Big Mac
Exchange, transactions
and relationships Demands
Wants which are backed by
Markets
buying power
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Understanding the
Marketplace
Core Concepts Marketing offer
Combination of products,
Needs, wants, and demands services, information or
Marketing offers: experiences that satisfy a
including products, need or want
services and experiences Offer may include
Value and satisfaction services, activities,
people, places,
Exchange, transactions information or ideas
and relationships
Markets
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Understanding the
Marketplace
Core Concepts Value
Customers form expectations
Needs, wants, and demands regarding value
Marketing offers: Marketers must deliver value
including products, to consumers
services and experiences Satisfaction
Value and satisfaction A satisfied customer will buy
Exchange, transactions again and tell others about
and relationships their good experience
Markets
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Understanding the
Marketplace
Core Concepts Exchange
The act of obtaining a
Needs, wants, and demands desired object from someone
Marketing offers: by offering something in
including products, return
services and experiences One exchange is not the goal,
Value and satisfaction relationships with several
exchanges are the goal
Exchange, transactions
Relationships are built
and relationships
through delivering value and
Markets satisfaction
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Understanding the
Marketplace
Core Concepts Market
Set of actual and potential
Needs, wants, and demands buyers of a product
Marketing offers: Marketers seek buyers that
including products, are profitable
services and experiences
Value and satisfaction
Exchange, transactions
and relationships
Markets
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Changes in the New
Economy
Major Drivers of the New Economy
Digitization and Connectivity
Disintermediation and
Reintermediation
Customization and
Customerization
Industry Convergence
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How Business Practices Are
Changing
Organize by product units to organize by
customer segments
Shift focus from profitable transactions to
customer lifetime value
Shift focus from financial scorecard to also
focusing on the marketing scorecard
Shift focus from shareholders to stakeholders
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How Business Practices Are
Changing
Everyone does the marketing
Build brands through performance,
not just advertising
Customer retention rather
than customer acquisition
From none to in-depth customer
satisfaction measurement
From over-promise, under-deliver to
under-promise, over-deliver
The New Hybrid
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Table 2-1: Old Economy vs. New Economy
Old Economy New Economy
Organize by product units Organize by customer segments
Focus on profitable transactions Focus on customer lifetime value
Look primarily at financial Look also at marketing scorecard
scorecard Focus on stakeholders
Focus on shareholders Everyone does the marketing
Marketing does the marketing Build brands through behavior
Build brands through advertising Focus on customer retention and
Focus on customer acquisition growth
No customer satisfaction Measure customer satisfaction and
measurement retention rate
Overpromise, underdeliver Underpromise, overdeliver
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The Marketing Planning
Process
A. Traditional Physical Process Sequence
Make the Product Sale the Product
Cust. Market Value Product Service Sourcing Distributing Sales Sales pro- Adverti
Pricing
segmen selection/ position develop develop making servicing force motion sing
tation focus ing ment ment
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Generic Value Chain
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Core Business Processes
in the Value Chain
The market sensing process
The new offering realization process
The customer acquisition process
The customer relationship
management process
The fulfillment management process
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Strategic Planning: Three Key Areas
and Four Organization Levels
Marketing plan central instrument for directing and
coordinating the marketing efforts for the product line
Strategic marketing plan lays out the target markets and
the value proposition that will be offered
Tactical marketing plan specifies the marketing tactics,
including product features, promotion, merchandising, pricing, channels,
and services
The Level of Organization
Corporate
Division
Business Unit
Product
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Corporate and Division
Strategic Planning
All corporate headquarters undertake
four planning activities
Defining the Corporate Mission
Establishing Strategic Business Units (SBUs)
Assigning resources to each SBU
Planning new businesses, downsizing, or
terminating older businesses
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Corporate and Division
Strategic Planning
Defining the Corporate Mission
Mission statements define which competitive
scopes the company will operate in
Industry scope
Products and applications scope
Competence scope
Market-segment scope
Vertical scope
Geographical scope
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Mission/Vision: a statement of organization’s
purpose – what it wants to accomplish
Mission should be market oriented, what does it
mean?
What’s the different between market oriented
companies and customer oriented companies
Customer oriented companies: only focus on the expressed
needs of the customers and developing goods and services that
satisfy those needs
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Some Criteria for Effective
Mission Statement:
Not too broad
Realistic
Fit with the current market environments
Based on the organization distinctive
competencies
Motivating
Visionary
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Corporate and Division
Strategic Planning
Establishing Strategic Business Units
(SBUs)
Three characteristics of SBUs
Single business or collection of related
businesses that can be planned for
separately
Has its own set of competitors
Has a manager who is responsible for
strategic planning and profit
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Corporate and Division
Strategic Planning
The Growth-Share Matrix
Relative market share
Four Cells
Question Marks
Stars
Cash Cows
Dogs
SBU Strategies
SBU Lifecycle
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Corporate and Division
Strategic Planning
The General Electric Model
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Table 4-2: Factors underlying Market Attractiveness and Competitive
Position in GE Multifactor Portfolio Model: Hydraulic-Pumps Market
Rating =
Weight (1-5) Value
Overall market size 0.20 4 0.80
Annual market growth rate 0.20 5 1.
Historical profit margin 0.15 4 0.60
Competitive intensity 0.15 2 0.30
Market Technological requirements 0.15 4 0.60
Attractiveness Inflationary vulnerability 0.05 3 0.15
Energy requirements 0.05 2 0.10
Environmental impact 0.05 3 0.15
Social-political-legal Must be
acceptable
1.0 3.70
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Corporate and Division
Strategic Planning
Intensive Growth (Ansof Matrix)
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Corporate and Division
Strategic Planning
Integrative Growth
Diversification Growth
Downsizing Older Businesses
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Business Unit
Strategic Planning
Business Mission
SWOT Analysis
External Environment Analysis
(Opportunity and Threat Analysis)
Marketing Opportunity
Buying opportunity more convenient or efficient
Meet the need for more information and advice
Customize an offering that was previously only
available in standard form
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Business Unit
Strategic Planning
Marketing Opportunity Analysis (MOA)
Can the benefits be articulated to a target
market?
Can the target market be reached with cost-
effective media and trade channels?
Does the company have the critical capabilities
to deliver the customer benefits?
Can the company deliver these benefits better
than any actual or potential competitors?
Will the rate of return meet the required
threshold of investment?
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Figure 4-7: Opportunity and Threat Matrices
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Business Unit
Strategic Planning
Internal Environmental Analysis
(Strength/Weakness Analysis)
Goal Formation
Strategic
Formulation
Strategy
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Business Unit
Strategic Planning
Porter’s Generic Strategies
Overall cost leadership
Differentiation
Focus
Operational Effectiveness and Strategy
Strategic group
Strategic alliances
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Business Unit
Strategic Planning
Marketing Alliances
Product or service alliances
Promotional alliances
Logistical alliances
Pricing collaborations
Partner Relationship
Management, PRM
Program Formulation and Implementation
Feedback and Control
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Product Planning: The Nature and
Contents of a Marketing Plan
Contents of the Marketing Plan
Executive Summary
Current Marketing Situation
Opportunity and issue analysis
Objectives
Marketing strategy
Action programs
Financial projections
Implementation controls
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