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Principles of Marketing: An Asian Perspective Chapter 1

   

Added on  2022-01-24

272 Pages12061 Words245 Views
FinanceProfessional DevelopmentMarketingMechanical Engineering
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Fourth Edition
Chapter 1

Marketing:

Managing

Profitable Customer

Relationships

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved

Principles of Marketing: An Asian

Perspective
Principles of Marketing: An Asian Perspective Chapter 1_1

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Principles of Marketing: An Asian Perspective Chapter 1_2

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Marketing: Managing Profitable

Customer Relationships

Taobao’s
marketing strategy propelled it ahead of its
competitors
it successfully drew big businesses like
China’s biggest bookstore, Xinhua, and leading

Japanese casual
-wear maker, UNIQLO, into having a
presence on the e
-tail portal.
Like Amazon and eBay, it facilitates transactions between

individual consumers and sellers including retailers and

wholesalers.

With
smartphone penetration on the rise, Taobao is
poised to do even better.
Principles of Marketing: An Asian Perspective Chapter 1_3

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Learning Objectives
(1 of 2)
Define marketing and outline the steps in the marketing

process.

Explain the importance of understanding the customers

and marketplace and identify the five core marketplace

concepts.

Identify the key elements of a customer
-driven marketing
strategy and discuss the marketing management

orientations that guide marketing strategy.
Principles of Marketing: An Asian Perspective Chapter 1_4

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Learning Objectives
(2 of 2)
Discuss customer relationship management and

identify strategies for creating value
for customers
and capturing value
from customers in return.
Describe the major trends and forces that are

changing the marketing landscape in this age of

relationships.
Principles of Marketing: An Asian Perspective Chapter 1_5

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Learning Objective 1.1
(1 of 2)
Define marketing and outline the steps in the
marketing process.

What Is

Marketing?
Principles of Marketing: An Asian Perspective Chapter 1_6

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Open

7

What is Marketing?

Defining Marketing
Marketing is a process by
which companies create value

for customers and build strong

customer relationships to capture

value from customers in return.
Principles of Marketing: An Asian Perspective Chapter 1_7

Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Open

8

The Scope of Marketing

Marketing is not

restricted to profit
-
making

organizations.

Non
-profits
(colleges,

hospitals,

churches, etc.)

must also

perform

marketing.

Marketing must

both attract new

customers and

build

relationships with

current

customers.

Most people think

of marketing as

selling and/or

advertising.

Its focus is really

on satisfying

customer needs.
Principles of Marketing: An Asian Perspective Chapter 1_8

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