Kotler Pom16e Inppt 01
Kotler Pom16e Inppt 01
Kotler Pom16e Inppt 01
Marketing
Defined
1-1
What Is Marketing?
The Marketing Process
1-2
Needs
States of deprivation
Wants
Demand
s
1-3
Marketing myopia
is focusing only on
existing wants and
losing sight of Copyright 2016 Pearson Education, Inc.
1-4
Marketers
Set the
right level
of
expectation
s
Value
and
satisfacti
on
113
1-6
1-7
Selecting Customers to
Serve
Marketing management is the art and science of
choosing target markets and building profitable
relationships with them.
What customers will we serve?
How can we best serve these customers?
Copyright 2016 Pearson Education, Inc.
1-18
Producti
on
concept
Product
concept
Selling
concept
Marketi
ng
concept
Societal
Marketi
ng
concept
1-9
Production concept:
Consumers will favor products that are available and
highly affordable.
1-10
1-11
Selling concept:
Consumers will not buy enough of the firms
products unless the firm undertakes a large-scale
selling and promotion effort.
1-12
Marketing concept:
Know the needs and wants of the target markets
and deliver the desired satisfactions better than
competitors.
1-13
Societal marketing:
The companys marketing decisions should consider
consumers wants, the companys requirements,
consumers long-run interests, and societys longrun interests.
1-14
1-15