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Principles of Marketing by Philip Kotler
Chapter 1 Marketing: Managing Profitable Customer Relationship
Marketing customer. Marketing Defined
What is Marketing? ,[object Object],[object Object]
Goal of Marketing: ,[object Object],[object Object]
A simple model of the marketing process Understand the marketplace & customer needs & wants Design a customer driven marketing strategy Create value for customers & build customer relationships Capture value from customers in return Construct an integrated  marketing  program that delivers  superior value Build profitable relationships &  create customer  delight Capture value from customers to create profits & customer equity.
Core definitions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object]
Winning Marketing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Five Organizational Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Production Concept ,[object Object]
Product Concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Selling Concept ,[object Object],[object Object],[object Object],[object Object]
Marketing Concept ,[object Object],[object Object],[object Object],[object Object]
Contrast between Sales Concept & Marketing Concept Factory  Products  Selling &Promoting  Profits through        sales volume a. THE SELLING CONCEPT b. THE MARKETING CONCEPT Target  Customer  Integrated  Profits through Market  Needs  Marketing  customer satisfaction Starting Point  Focus  Means  Ends
Societal Marketing Concept ,[object Object],Societal marketing concept Society (Human Welfare) Consumers (Want Satisfaction ) Company ( Profits )
Customer Relationship Management ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
Changing Nature of Customer Relationships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Creating Customer Loyalty & Retention ,[object Object],[object Object]
Customer Equity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Building Right relationships with Right customers ,[object Object],[object Object]
Customer Relationship Groups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Customer Relationship Groups Butterflies Good fit between company’s offerings & customer needs; High profit potential True Friends Good fit between company’s offerings & customer needs; Highest  profit potential Strangers Little fit between company’s offerings & customer needs; Lowest profit potential Barnacles Limited fit between company’s offerings & customer needs; Low profit potential High  Profitability Low Profitability Short- term customers Long-term customers Projected Loyalty

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Chapter 1 pom philip kotler

  • 1. Principles of Marketing by Philip Kotler
  • 2. Chapter 1 Marketing: Managing Profitable Customer Relationship
  • 4.
  • 5.
  • 6. A simple model of the marketing process Understand the marketplace & customer needs & wants Design a customer driven marketing strategy Create value for customers & build customer relationships Capture value from customers in return Construct an integrated marketing program that delivers superior value Build profitable relationships & create customer delight Capture value from customers to create profits & customer equity.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. Contrast between Sales Concept & Marketing Concept Factory Products Selling &Promoting Profits through sales volume a. THE SELLING CONCEPT b. THE MARKETING CONCEPT Target Customer Integrated Profits through Market Needs Marketing customer satisfaction Starting Point Focus Means Ends
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. Customer Relationship Groups Butterflies Good fit between company’s offerings & customer needs; High profit potential True Friends Good fit between company’s offerings & customer needs; Highest profit potential Strangers Little fit between company’s offerings & customer needs; Lowest profit potential Barnacles Limited fit between company’s offerings & customer needs; Low profit potential High Profitability Low Profitability Short- term customers Long-term customers Projected Loyalty

Notas del editor

  1. Marketing is the act of connecting customers to products & services