Marketing Management .2011.01

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MARKETING MANAGEMENT Week 1

description

Marketing Management .2011.01. Week 1

Transcript of Marketing Management .2011.01

Page 1: Marketing Management .2011.01

MARKETING MANAGEMENT

Week 1

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Aaker Case Study, Muji minute 2 through 8

http://www.youtube.com/watch?v=xL71KTwgDlw

Reznor Case Studyhttp://www.youtube.com/watch?v=Njuo1puB1lg

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Marketing Management

All activiti

es necessary to

Plan

Research

ImplementControl

evaluate

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Five Components of Marketing Management

Planning

Research

ImplementationControl

Evaluation

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Business Strategy: The Concept and Trends in Its Management

What is a Business Strategy?

PPT 1-5

The Product-Market Investment Strategy – where to compete

The Customer Value Proposition

Assets and Competencies

Functional Strategies and Programs

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Business Strategy: The Concept and Trends in Its Management

PPT 1-6

A Business StrategyA Business Strategy

Where to CompeteThe product-market investment decision

How to CompeteValue Assets & Function area

proposition competencies strategies and programs

Figure 1.1

A Business Strategy

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Does Trent Reznor use strategic manage marketing?

If so How?

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Benefits of Marketing Management

Well-planned, systematic way

Adequate amount of marketing research and other marketing information is generated

Marketing weaknesses are quickly spotted and corrected

Funds and human resources available for marketing are used as efficiently and effectively as possible

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Benefits of Marketing Management

Marketing efforts are always under careful scrutiny; it is

always felt that there is room for improvementThe organization is in a better

position to adapt to change among customers and

competition, and in the industryMarketing is better integrated into all the organization's

activities and within its various departments

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Benefits of Marketing Management

Marketing personnel highly motivated to achieving marketing objectivesClearer understanding of marketing results, and reasons for success / failure

Definite accountability for marketing

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What benefits do these companies receive from Marketing Management

Gallo Muji Reznor

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Business Strategy: The Concept and Trends in Its Management

What is a Business Strategy?

PPT 1-12

The Product-Market Investment Strategy – where to compete

The Customer Value Proposition

Assets and Competencies

Functional Strategies and Programs

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Business Strategy: The Concept and Trends in Its Management

PPT 1-13

A Business StrategyA Business Strategy

Where to CompeteThe product-market investment decision

How to CompeteValue Assets & Function area

proposition competencies strategies and programs

Figure 1.1

A Business Strategy

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