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Transcript of Marketing
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MARKETING
By: Brijmohan Lal SahuBabita Chandrakar
Geet GoyalJuhi Chopra
Neharika MandhanSurbhi Gaidhani
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CONTENTS Market
Marketing Marketing system
Marketing mix Marketing Triangle
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Market A market is any place where the sellers of a particular good or service can meet with the buyers of that goods and service where there is a potential for a transaction to take place. The buyers must have something they can offer in exchange for there to be a potential transaction.
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Market Seller/vendor/retailer/
supplier Customer /shopper/ buyer /purchaser
Product / service /goods Cost /value
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Marketing“Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals”
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Marketing System
Goods/services
Money
Communication
Industry(a collection
of sellers)
Market(a collection
of Buyers)
Information
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Marketing Mix
4 P’sOf
Marketing mix
Product
Price Promotion
Place
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Product
Marketing Mix
4 P’sOf
Marketing mix
Goods & Services New editions Improvements packaging Technology, etc.
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Price
Marketing Mix 4 P’s
Of Marketing mix MRP
Credit terms
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Promotion
Marketing Mix
4 P’sOf
Marketing mix Strategies to make the
consumer aware of the existence of a product or service.
advertisement
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Place
Marketing Mix
4 P’sOf
Marketing mix“The means by which products and services get from producer to consumer and where they can be accessed by the consumer”
Availability of raw material
Availability of worker
Availability of market
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Marketing Mix
4 C’sOf
Marketing mix
Customer Solution
CustomerCost Communication
Convenience
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Customer Solution
Marketing Mix
4 CsOf
Marketing mix
Solving customers problems
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CustomerCost
Marketing Mix
4 CsOf
Marketing mix
Customer willing to pay
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Communication
Marketing Mix
4 CsOf
Marketing mix
Establishment of connection
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Convenience
Marketing Mix 4 Cs
Of Marketing mix
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Marketing TriangleCustomers
Competition
Com
pany
Market
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Core Concepts of Marketing
Based on : Needs, Wants, Desires / demand Products, Utility, Value &
Satisfaction Exchange, Transactions &
Relationships Markets, Marketing & Marketers.
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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
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conclusion
“Marketing is an important aspectOn which the status of any company
Depends”
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Queries ….?
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Thank you