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Marketing Diploma   DR.ELSAYED NASSER
Marketing Skills


            •18 Years Experience in Pharmaceutical industry ,
                Management, Marketing and Sales in Egypt ,
                United Arab of Emirates, Qatar
            •M MBA from Missouri State University USA
            •Human resource (HR )Diploma
            •TOT Cambridge Britain
            •Business Administration Diploma Cambridge Britain
Marketing Diploma             DR.ELSAYED NASSER
Marketing Course
•   Marketing Definitions
                                                      •
•   Marketing evolution                               •
•   Market segmentation                               •
•   Customer needs`& wants                            •
•   Marketing Mix , 4 P’s                             •
•   Promotion Mix &Advertising                        •
•   Maslow Theory                                     •
•   Needs &Wants                                      •
•   Goods& service & Idea                             •
•   Product life cycle                                •
•   Market Definition                                 •
•   Customer Criteria                                 •
•   SWOT analysis                              SWOT   •
•   Micro & Macro Environment                         •
•   Product & packing                                 •
•   Pricing                                           •
•   Promotion types advantage & Disadvantage          •
•   Sales promotion types                             •
•   Distribution channels                             •
•   Marketing plan                                    •
Marketing Diploma          DR.ELSAYED NASSER
Marketing Course

•   Marketing & Advertising & Selling
                                                             •
•   Facts about Salesmanship
                                                             •
•   Salesman Duties & Responsibilities
•   Criteria of Salesman                                     •
•   7 steps for successful selling                           •
•   Selling skills                                           •
•   Pareto principle                                         •
•   Buying & customer behavior                               •
•   6 Prospecting methods                                    •
•   Approaches& Opening                                      •
•   Smile Rule for Good 1st Impression                       •
•   Question types ?                                         •
•   FAB method for presentation                              •
•   7 c’s for Ideal Message                            fab   •
•   How to handle                                      c’s   •
       customer objections ?                                 •
•   5 Methods for closing                                    •
•   Buying signals                                           •
•   How to build long term relation ship with the
                                                             •
    customers
•   10 Mistakes salesman do                                  •
    Marketing Diploma              DR.ELSAYED NASSER
Marketing Course
   Analyze Why People Buy ?                   •
   SWOT analysis                              •
   Porter’s 5 forces                          •
   The Basic Personality Traits               •
   Boston matrix ( BCG )                      •
   Classification of Products                 •
   How to choose product name ?               •
   Channel of Distribution                    •
   Promotion Objectives                       •
   Advertising Advantage & disadvantage       •
   Sales promotion Advantage &                •
   disadvantage
   Personal Selling Advantage &
   disadvantage                               •
   How to design brochures ?                  •

Marketing Diploma         DR.ELSAYED NASSER
PROFITABILITY
  The ultimate purpose of the marketing concept is
  to help organizations achieve their objective.
 Traditional Organizational Chart        Modern Customer-oriented Organizational Chart

                       TOP                                     CUSTOMERS
                       MGT


                                    C                                                                  S
                 MIDDLE MGT          U                                                                R
                                         S                     FRONT-LINE
                                                                                                  E
                                          T                      PEOPLE
                                                                                                 M
             FRONT-LINE PEOPLE                O                                              O
                                                                MIDDLE MGT               T
                                                  M
                                                   E                                 S
                                                                   TOP
                                                       R           MGT
                                                                                 U
                 CUSTOMERS                                 S                 C

Traditional Organization Chart Vs Modern Customers-Oriented Company
    Marketing Diploma           DR.ELSAYED NASSER
Organization Chart
Invest in Your Customers
 Customers are a company’s most valuable assets

   2/3 of customers                          It is 6-7 times
   leave us because                          more expensive
  they feel neglected                        to acquire
                                             customers than
                                             retain them
       65% of New
       customers
       coming from
       word of mouth
       (old loyal                       A 5% improvement
       customers )                  in customer retention rates
                                        will yield between a
                                   25 to 100% increase in profits


Marketing Diploma       DR.ELSAYED NASSER
•
            Customer are always right         Customer’s the King


                                                                     •

 Customer Care          Unexpended service        Customer service




       Customer Indulgent                  Customer Delight



                            Customer Driven
Marketing Diploma
                               company
                              DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
The 4 Elements


                    Finance       Production
                     25%              25%

                     Human
                    Resource       Marketing

                      25%              25%


Marketing Diploma      DR.ELSAYED NASSER
Evolving Views of Marketing’s Role


                                                     Finance
                                      Production
Production          Finance
                                                            Human
                                                          resources
Marketing             Human
                    resources                 Marketing



  a. Marketing as an                 b. Marketing as a more
    equal function                     important function
Marketing Diploma         DR.ELSAYED NASSER
Finance
                      The
                    Marketing
                      Mix


                         C


Marketing Diploma   DR.ELSAYED NASSER
MONEY,
HUMAN RESOURCE                           Competitors
  PRODUCTION




 Marketing Diploma   DR.ELSAYED NASSER
MARKETING
Marketing Diploma    DR.ELSAYED NASSER
Competitive Advantage of 4 Ps
of the Marketing Mix

                    Product           Place


                              C
                     Price        Promotion



Marketing Diploma       DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
1-Marketing outlines

                     Marketing Evolution

                     Facts about marketing

                         Marketing Def.

                    Market , Needs, Wants ,Demand

                              4 p”s
                      Marketing & Selling
Marketing Diploma            DR.ELSAYED NASSER
Three Marketing Concepts

• Product approach                       

1850- 1900

• Selling approach                       
1900 – 1950

• Customer approach
                                         
1950-2011

Marketing Diploma    DR.ELSAYED NASSER
Selling Approach 1900 – 1950

  • Focuses on selling                       o


  • Assumes that a good
                                             o

      sales team will sell                   o
      whatever they produce
  •   Assumes that customers                 o
      will like what they buy
      (poor assumption, why?)
  •   Useful for products                    o

      customers do not normally
      consider buying, or when               o

      produce exceeds demand                 o

  •   Again it is not an effective           o
      marketing approach
Marketing Diploma        DR.ELSAYED NASSER
Customer Approach 1950-2011

                                                 
• Focuses on fulfilling
    customers’ needs
                                                 
•   Aligning marketing effort to
    satisfy customers
                                                 
•   Profit is considered as a result
    of customer satisfaction                     
•   Focuses on building long-term
    relationships with customers                 
•   Aims at sustainable growth




Marketing Diploma            DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
1-Marketing outlines

                     Marketing Evolution

                     Facts about marketing

                         Marketing Def.

                    Market , Needs, Wants ,Demand

                              4 p”s
                      Marketing & Selling
Marketing Diploma            DR.ELSAYED NASSER
Facts About Marketing Job


1.  Old & honorable Profession
2.  Everybody Is A Marketer
3.  Difficult( complex, More customer wants)
4.  Marketer is a Multi Profession
5.  Dealing with people based on logic or motion
6.  The Marketing &Sales people are the backbone
    of any Company ( line Management , staff
    Management )
7. In company, everything is a decoration to make
    more sales.
8. Marketing Diploma & Sales is a numbers’ game
    Marketing             DR.ELSAYED NASSER
Top
                                  Management




                    Market
                                  supervisor
                                                 team




                                  Competitors




Marketing Diploma            DR.ELSAYED NASSER
What is Marketing?

American Marketing Association
Definition
Marketing is the process of planning and
executing the production, pricing, promotion,
and distribution of ideas, goods, and services
to create exchanges that satisfy individual and
organizational goals.



Marketing Diploma        DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
Definitions of Marketing
‘Marketing is the management
 process that identifies, and
 satisfies customer
 requirements profitably’
The chartered institute of marketing



 Marketing Diploma      DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER





Marketing Diploma   DR.ELSAYED NASSER
The
             Marketing Concept:
  Satisfy customer needs and wants

                         AND

                    Make a profit

Marketing Diploma    DR.ELSAYED NASSER
‘The Right Product, in
the Right Place, at the
  Right Time, and at
    the Right Price’

Marketing Diploma   DR.ELSAYED NASSER
The 1st Definition of Jerome McCarthy
in 1950 ( 4Ps of Marketing Mix)




                      Product         Price



                      Place          Promotion



  Marketing Diploma      DR.ELSAYED NASSER
Product

• A product is any offering catered to satisfy
  needs and wants.( Goods, Services, Ideas )
• A brand is when the product is from a known
  source.




 Marketing Diploma   DR.ELSAYED NASSER
Product
1.Goods
2.Services
3.Idea
Marketing Diploma   DR.ELSAYED NASSER
Difference between physical goods and services

Physical goods                     Services
tangible                           intangible
homogeneous                        heterogeneous
Production and distribution are    Production, distribution and
separated from consumption         consumption are simultaneous
                                   processes
A thing                            An activity or process
Core value processed in factory    Core value produced in the
                                   buyer-seller interaction
Customers do not participate in    Customers participate in
the production process             production
Can be kept in stock               Cannot be kept in stock
Transfer of ownership
  Marketing Diploma                No transfer of ownership
                          DR.ELSAYED NASSER
(B2B)                        (B2C)

                         •                      •
                         •                      •
                         •                      •
                         •                      •
                         •                      •
                                                •



Marketing Diploma   DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
SERVICES MARKETING MIX ( 7 p’s):

 1. Product
 2. Price
 3. Promotion
 4. Place
 5. People in Services
 6. Physical Evidence in Services
 7. Process in Services
Marketing Diploma   DR.ELSAYED NASSER
Marketing Mix
                                    Product

                     People                      Price
                                     Marketing

                    Physical          mix
                    evidence
                                                     Place

                               Process     Promotion




Marketing Diploma                DR.ELSAYED NASSER
Product Life Cycle




Marketing Diploma   DR.ELSAYED NASSER
1-Marketing outlines

                     Marketing Evolution

                     Facts about marketing

                         Marketing Def.

                    Market , Needs, Wants ,Demand




Marketing Diploma            DR.ELSAYED NASSER
• Definition : A group of prospects,customers in
 the same industry




  Marketing Diploma   DR.ELSAYED NASSER
Turning Suspects Into
 (true) Prospects (Qualified Customer )
 • Identify MAD Customers
    –Money to Buy ( Purchasing Power ) ( p.p. )
    –Authority to Buy ( Decision making )
    –Desire to Buy ( Need )
                                                  -
                                                  -
 Marketing Diploma   DR.ELSAYED NASSER            -
•    Suspect
•    Prospect
•    Customer
•    Client
•    Supporter, advocate, partner
•    End user
Marketing Diploma   DR.ELSAYED NASSER
Market
1. Individuals
2. Foundations, Institutions
3. Companies
4. Government
5. Countries
Marketing Diploma    DR.ELSAYED NASSER
The PSSP Hierarchy of Needs
                          Personal
                           Needs



                        Social Needs




                       Safety Needs




                    Physiological Needs

Marketing Diploma      DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
1

     2

     3
     4
     5
Marketing Diploma   DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
Wants

          • “Wants” are those
              things that people
              in a specific region
              believe will satisfy
              a need




               Hunger




Marketing Diploma         DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
Needs and Wants

• Needs are basic human requirements
• Wants are needs directed to specific
    objects/services that might satisfy the
    need
Demands
• This is the wants for specific products
    backed by an ability to pay.
•
   • Need & want             refers to people
   • Demand
Marketing Diploma   refers to goods& services
                     DR.ELSAYED NASSER
Core Concepts of Marketing

   Need – food ( is a must )
   Want – Pizza, Burger, French fry's ( translation of a
    need as per our experience )
   Demand – Burger ( translation of a want as per our
    willingness and ability to buy )
   Desire – Have a Burger in a five star hotel




Marketing Diploma       DR.ELSAYED NASSER
Value and Satisfaction
• Value = Benefits/Costs
• Benefits = Functional Benefits +
                Emotional benefits
• Costs = Monetary costs + Time
           + Energy + Psychic costs


Marketing Diploma   DR.ELSAYED NASSER
Capturing the Value Proposition




         Functional               V
         Emotional                A
       Self-expressive            L          Relative Price
             Benefits             U
                                  E

                                              PPT 6-20
 Marketing Diploma       DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
Marketing Skills Diploma Objectives :
         Marketing Evolution
         Facts About Marketing & Selling
         Marketing Definitions
         Product ( goods, services, ideas)
         Market Definition
         Suspect & Prospect & Customer
         True Customer Criteria
         Maslow’s hierarchy
         Need & Want& Demand
         Why people buy ?


 Marketing Diploma         DR.ELSAYED NASSER
1-Marketing outlines

                     Marketing Evolution

                     Facts about marketing

                         Marketing Def.

                    Market , Needs, Wants ,Demand


                              4 p”s

Marketing Diploma            DR.ELSAYED NASSER
:                                             *
                                                    .                   -
                                            .                           -
                                                                -
                    .
                                                                -
           .
                                                :                       -
                                                            .       -
                                                        .           -
                                                        .           -
Marketing Diploma       DR.ELSAYED NASSER
                                                        .           -
Marketing Diploma   DR.ELSAYED NASSER
STP




Marketing Diploma   DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
The 4Ps of Marketing Mix



                    Product         Price



                    Place          Promotion



Marketing Diploma      DR.ELSAYED NASSER
The Four P Component of the Marketing Mix
                            Marketing Mix



Product                                                           Place
Product Name                                                      Channel
Product Variety                                                   Coverage
Quality                     Target Market                         Locations
Design
                                                                  Transport
Feature             Price                     Promotion
Brand Name
                    List Price                 Sales Promotion
Packaging
Size
                    Discounts                  Advertising

Service             Payment Period             Sales Force
Warranties          Credits term               Public Relations
Returns                                        Direct Marketing
Marketing Diploma                DR.ELSAYED NASSER
Promotion Mix


Advertising                             
 Personal Selling                       
 Public relations                       
 Sales Promotion                        
  Direct marketing                      



Marketing Diploma   DR.ELSAYED NASSER
Target
                                   Market



    Product                Place          Promotion             Price




                Personal            Mass              Sales
                 Selling           Selling          Promotion




                      Advertising            Publicity


Marketing Diploma             DR.ELSAYED NASSER
Marketing Diploma   DR.ELSAYED NASSER
http://www.elsayednasser.com
http://kenanaonline.com/DrElsayedNasser
        elsayednasser@hotmail.com

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المحاضرة الأولى مقدمة علم تسويقIntro to marketing dr elsayed nasser

  • 1. Marketing Diploma DR.ELSAYED NASSER
  • 2. Marketing Skills •18 Years Experience in Pharmaceutical industry , Management, Marketing and Sales in Egypt , United Arab of Emirates, Qatar •M MBA from Missouri State University USA •Human resource (HR )Diploma •TOT Cambridge Britain •Business Administration Diploma Cambridge Britain Marketing Diploma DR.ELSAYED NASSER
  • 3. Marketing Course • Marketing Definitions • • Marketing evolution • • Market segmentation • • Customer needs`& wants • • Marketing Mix , 4 P’s • • Promotion Mix &Advertising • • Maslow Theory • • Needs &Wants • • Goods& service & Idea • • Product life cycle • • Market Definition • • Customer Criteria • • SWOT analysis SWOT • • Micro & Macro Environment • • Product & packing • • Pricing • • Promotion types advantage & Disadvantage • • Sales promotion types • • Distribution channels • • Marketing plan • Marketing Diploma DR.ELSAYED NASSER
  • 4. Marketing Course • Marketing & Advertising & Selling • • Facts about Salesmanship • • Salesman Duties & Responsibilities • Criteria of Salesman • • 7 steps for successful selling • • Selling skills • • Pareto principle • • Buying & customer behavior • • 6 Prospecting methods • • Approaches& Opening • • Smile Rule for Good 1st Impression • • Question types ? • • FAB method for presentation • • 7 c’s for Ideal Message fab • • How to handle c’s • customer objections ? • • 5 Methods for closing • • Buying signals • • How to build long term relation ship with the • customers • 10 Mistakes salesman do • Marketing Diploma DR.ELSAYED NASSER
  • 5. Marketing Course Analyze Why People Buy ? • SWOT analysis • Porter’s 5 forces • The Basic Personality Traits • Boston matrix ( BCG ) • Classification of Products • How to choose product name ? • Channel of Distribution • Promotion Objectives • Advertising Advantage & disadvantage • Sales promotion Advantage & • disadvantage Personal Selling Advantage & disadvantage • How to design brochures ? • Marketing Diploma DR.ELSAYED NASSER
  • 6. PROFITABILITY The ultimate purpose of the marketing concept is to help organizations achieve their objective. Traditional Organizational Chart Modern Customer-oriented Organizational Chart TOP CUSTOMERS MGT C S MIDDLE MGT U R S FRONT-LINE E T PEOPLE M FRONT-LINE PEOPLE O O MIDDLE MGT T M E S TOP R MGT U CUSTOMERS S C Traditional Organization Chart Vs Modern Customers-Oriented Company Marketing Diploma DR.ELSAYED NASSER Organization Chart
  • 7. Invest in Your Customers Customers are a company’s most valuable assets 2/3 of customers It is 6-7 times leave us because more expensive they feel neglected to acquire customers than retain them 65% of New customers coming from word of mouth (old loyal A 5% improvement customers ) in customer retention rates will yield between a 25 to 100% increase in profits Marketing Diploma DR.ELSAYED NASSER
  • 8. Customer are always right Customer’s the King • Customer Care Unexpended service Customer service Customer Indulgent Customer Delight Customer Driven Marketing Diploma company DR.ELSAYED NASSER
  • 9. Marketing Diploma DR.ELSAYED NASSER
  • 10. The 4 Elements Finance Production 25% 25% Human Resource Marketing 25% 25% Marketing Diploma DR.ELSAYED NASSER
  • 11. Evolving Views of Marketing’s Role Finance Production Production Finance Human resources Marketing Human resources Marketing a. Marketing as an b. Marketing as a more equal function important function Marketing Diploma DR.ELSAYED NASSER
  • 12. Finance The Marketing Mix C Marketing Diploma DR.ELSAYED NASSER
  • 13. MONEY, HUMAN RESOURCE Competitors PRODUCTION Marketing Diploma DR.ELSAYED NASSER
  • 14. MARKETING Marketing Diploma DR.ELSAYED NASSER
  • 15. Competitive Advantage of 4 Ps of the Marketing Mix Product Place C Price Promotion Marketing Diploma DR.ELSAYED NASSER
  • 16. Marketing Diploma DR.ELSAYED NASSER
  • 17. 1-Marketing outlines Marketing Evolution Facts about marketing Marketing Def. Market , Needs, Wants ,Demand 4 p”s Marketing & Selling Marketing Diploma DR.ELSAYED NASSER
  • 18. Three Marketing Concepts • Product approach  1850- 1900 • Selling approach  1900 – 1950 • Customer approach  1950-2011 Marketing Diploma DR.ELSAYED NASSER
  • 19. Selling Approach 1900 – 1950 • Focuses on selling o • Assumes that a good o sales team will sell o whatever they produce • Assumes that customers o will like what they buy (poor assumption, why?) • Useful for products o customers do not normally consider buying, or when o produce exceeds demand o • Again it is not an effective o marketing approach Marketing Diploma DR.ELSAYED NASSER
  • 20. Customer Approach 1950-2011  • Focuses on fulfilling customers’ needs  • Aligning marketing effort to satisfy customers  • Profit is considered as a result of customer satisfaction  • Focuses on building long-term relationships with customers  • Aims at sustainable growth Marketing Diploma DR.ELSAYED NASSER
  • 21. Marketing Diploma DR.ELSAYED NASSER
  • 22. 1-Marketing outlines Marketing Evolution Facts about marketing Marketing Def. Market , Needs, Wants ,Demand 4 p”s Marketing & Selling Marketing Diploma DR.ELSAYED NASSER
  • 23. Facts About Marketing Job 1. Old & honorable Profession 2. Everybody Is A Marketer 3. Difficult( complex, More customer wants) 4. Marketer is a Multi Profession 5. Dealing with people based on logic or motion 6. The Marketing &Sales people are the backbone of any Company ( line Management , staff Management ) 7. In company, everything is a decoration to make more sales. 8. Marketing Diploma & Sales is a numbers’ game Marketing DR.ELSAYED NASSER
  • 24. Top Management Market supervisor team Competitors Marketing Diploma DR.ELSAYED NASSER
  • 25. What is Marketing? American Marketing Association Definition Marketing is the process of planning and executing the production, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals. Marketing Diploma DR.ELSAYED NASSER
  • 26. Marketing Diploma DR.ELSAYED NASSER
  • 27. Definitions of Marketing ‘Marketing is the management process that identifies, and satisfies customer requirements profitably’ The chartered institute of marketing Marketing Diploma DR.ELSAYED NASSER
  • 28. Marketing Diploma DR.ELSAYED NASSER
  • 29. Marketing Diploma DR.ELSAYED NASSER
  • 30.  Marketing Diploma DR.ELSAYED NASSER
  • 31. The Marketing Concept: Satisfy customer needs and wants AND Make a profit Marketing Diploma DR.ELSAYED NASSER
  • 32. ‘The Right Product, in the Right Place, at the Right Time, and at the Right Price’ Marketing Diploma DR.ELSAYED NASSER
  • 33. The 1st Definition of Jerome McCarthy in 1950 ( 4Ps of Marketing Mix) Product Price Place Promotion Marketing Diploma DR.ELSAYED NASSER
  • 34. Product • A product is any offering catered to satisfy needs and wants.( Goods, Services, Ideas ) • A brand is when the product is from a known source. Marketing Diploma DR.ELSAYED NASSER
  • 36. Difference between physical goods and services Physical goods Services tangible intangible homogeneous heterogeneous Production and distribution are Production, distribution and separated from consumption consumption are simultaneous processes A thing An activity or process Core value processed in factory Core value produced in the buyer-seller interaction Customers do not participate in Customers participate in the production process production Can be kept in stock Cannot be kept in stock Transfer of ownership Marketing Diploma No transfer of ownership DR.ELSAYED NASSER
  • 37. (B2B) (B2C) • • • • • • • • • • • Marketing Diploma DR.ELSAYED NASSER
  • 38. Marketing Diploma DR.ELSAYED NASSER
  • 39. SERVICES MARKETING MIX ( 7 p’s): 1. Product 2. Price 3. Promotion 4. Place 5. People in Services 6. Physical Evidence in Services 7. Process in Services Marketing Diploma DR.ELSAYED NASSER
  • 40. Marketing Mix Product People Price Marketing Physical mix evidence Place Process Promotion Marketing Diploma DR.ELSAYED NASSER
  • 41. Product Life Cycle Marketing Diploma DR.ELSAYED NASSER
  • 42. 1-Marketing outlines Marketing Evolution Facts about marketing Marketing Def. Market , Needs, Wants ,Demand Marketing Diploma DR.ELSAYED NASSER
  • 43. • Definition : A group of prospects,customers in the same industry Marketing Diploma DR.ELSAYED NASSER
  • 44. Turning Suspects Into (true) Prospects (Qualified Customer ) • Identify MAD Customers –Money to Buy ( Purchasing Power ) ( p.p. ) –Authority to Buy ( Decision making ) –Desire to Buy ( Need ) - - Marketing Diploma DR.ELSAYED NASSER -
  • 45. Suspect • Prospect • Customer • Client • Supporter, advocate, partner • End user Marketing Diploma DR.ELSAYED NASSER
  • 46. Market 1. Individuals 2. Foundations, Institutions 3. Companies 4. Government 5. Countries Marketing Diploma DR.ELSAYED NASSER
  • 47. The PSSP Hierarchy of Needs Personal Needs Social Needs Safety Needs Physiological Needs Marketing Diploma DR.ELSAYED NASSER
  • 48. Marketing Diploma DR.ELSAYED NASSER
  • 49. 1 2 3 4 5 Marketing Diploma DR.ELSAYED NASSER
  • 50. Marketing Diploma DR.ELSAYED NASSER
  • 51. Wants • “Wants” are those things that people in a specific region believe will satisfy a need Hunger Marketing Diploma DR.ELSAYED NASSER
  • 52. Marketing Diploma DR.ELSAYED NASSER
  • 53. Needs and Wants • Needs are basic human requirements • Wants are needs directed to specific objects/services that might satisfy the need Demands • This is the wants for specific products backed by an ability to pay. • • Need & want refers to people • Demand Marketing Diploma refers to goods& services DR.ELSAYED NASSER
  • 54. Core Concepts of Marketing  Need – food ( is a must )  Want – Pizza, Burger, French fry's ( translation of a need as per our experience )  Demand – Burger ( translation of a want as per our willingness and ability to buy )  Desire – Have a Burger in a five star hotel Marketing Diploma DR.ELSAYED NASSER
  • 55. Value and Satisfaction • Value = Benefits/Costs • Benefits = Functional Benefits + Emotional benefits • Costs = Monetary costs + Time + Energy + Psychic costs Marketing Diploma DR.ELSAYED NASSER
  • 56. Capturing the Value Proposition Functional V Emotional A Self-expressive L Relative Price Benefits U E PPT 6-20 Marketing Diploma DR.ELSAYED NASSER
  • 57. Marketing Diploma DR.ELSAYED NASSER
  • 58. Marketing Skills Diploma Objectives :  Marketing Evolution  Facts About Marketing & Selling  Marketing Definitions  Product ( goods, services, ideas)  Market Definition  Suspect & Prospect & Customer  True Customer Criteria  Maslow’s hierarchy  Need & Want& Demand  Why people buy ? Marketing Diploma DR.ELSAYED NASSER
  • 59. 1-Marketing outlines Marketing Evolution Facts about marketing Marketing Def. Market , Needs, Wants ,Demand 4 p”s Marketing Diploma DR.ELSAYED NASSER
  • 60. : * . - . - - . - . : - . - . - . - Marketing Diploma DR.ELSAYED NASSER . -
  • 61. Marketing Diploma DR.ELSAYED NASSER
  • 62. STP Marketing Diploma DR.ELSAYED NASSER
  • 63. Marketing Diploma DR.ELSAYED NASSER
  • 64. The 4Ps of Marketing Mix Product Price Place Promotion Marketing Diploma DR.ELSAYED NASSER
  • 65. The Four P Component of the Marketing Mix Marketing Mix Product Place Product Name Channel Product Variety Coverage Quality Target Market Locations Design Transport Feature Price Promotion Brand Name List Price Sales Promotion Packaging Size Discounts Advertising Service Payment Period Sales Force Warranties Credits term Public Relations Returns Direct Marketing Marketing Diploma DR.ELSAYED NASSER
  • 66. Promotion Mix Advertising  Personal Selling  Public relations  Sales Promotion  Direct marketing  Marketing Diploma DR.ELSAYED NASSER
  • 67. Target Market Product Place Promotion Price Personal Mass Sales Selling Selling Promotion Advertising Publicity Marketing Diploma DR.ELSAYED NASSER
  • 68. Marketing Diploma DR.ELSAYED NASSER