TRƯỜNG ĐẠI HỌC VĂN LANG KHOA THƯƠNG MẠI ThS Nguyễn Quốc Vương CHAPTER 1 MARKETING IN TODAY’S ECONOMY 2 © 2014 Cengage Learning All Rights Reserved May not be scanned, copied or duplicated, or posted t.
Trang 1TRƯỜNG ĐẠI HỌC VĂN LANG
KHOA THƯƠNG MẠI
ThS Nguyễn Quốc Vương
CHAPTER 1: MARKETING IN TODAY’S ECONOMY
Trang 2 Basic marketing concepts
Major marketing activities and decisions
Taking on the challenges of marketing strategy
Trang 3 All organizations – both for-profit and nonprofit – require effective planning and a sound marketing strategy to achieve their goals and objectives.
Today’s economy is characterized by rapid (nhanh)technological change, economic/financial anxiety (sự lo ngại), and increasing consumer skepticism (sự hoài nghi).
Introduction
Trang 4 Power shift to customers (chuyển giao quyền lực cho KH
Massive increase in product selection
Audience and media fragmentation (sự phân mảnh)
Changing value propositions
Shifting demand patterns (sự thay đổi về nhu cầu)
Privacy, security, and ethical concerns
Unclear legal jurisdiction (quyền hạn)
The Challenges and Opportunities of Marketing in Today’sEconomy
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Trang 5Change in Daily Media Usage by U.S Adults,2008-2011 (Exhibit 1.1)
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Trang 6MILLION MILLION MILLION MILLION MILLION
URBANISATION: vs.POPULATION: PENETRATION: PENETRATION: PENETRATION:
Trang 7Some data in Vietnam
18%
16%
16%
MESSENGER / VOIP
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Increasing customer power is a
continuing challenge to marketers in today’s economy In what ways have you personally experienced this shift
in power; either as a customer or as a business person? Is this power shift uniform across industries and
markets? How so?
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Trang 9Tăng cường sức mạnh khách hàng là một thách thức liên tục đối với các nhà tiếp thị trong nền kinh tế ngày nay Cá nhân bạn đã trải qua sự
thay đổi quyền lực này theo những cách nào; với tư cách là khách hàng hay doanh nhân? Sự chuyển dịch
quyền lực này có đồng đều giữa các ngành và thị trường không? Làm thế
nào để như vậy?
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Trang 10Basic Marketing Concepts:
Marketing Defined
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Trang 11Basic Marketing Concepts:
Marketing Defined
10
Nguồn: Kotler & Amstrong, 2012
Trang 12Basic Marketing Concepts:
Marketing Defined
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RESEARC H S.T.P MARKETING MIX (4P/ 7P) IMPLEMENTATION CONTROLLING
Trang 13Basic Marketing Concepts:
Marketing Defined
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Trang 14Basic Marketing Concepts:
Adv Sales Promotion Personal selling Direct
M arketing
Press meeting releases Press Event
Crisis management Evaluation
People Process Physical Evidence
Trang 16Common Metamarkets and Participants (Exhibit 1.3)
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Trang 17 Strategic Planning
Strategy –the organization’s game plan for success
Tactical planning –specific markets/segments and the marketing programs that will meet their needs/wants
Marketing plan –the outline of the marketing program
Research and Analysis
Internal analysis –analyzing the firm’s current strategy and performance
Competitive intelligence –analyzing competing businesses
Environmental scanning –analyzing the external environment
Situation analysis –combination of all three analyses
Major Marketing Activities and
Decisions
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Trang 18©©22001144 CenCenggaaggee LLeaearrniningng AlAlll RiRigghthtss ReResserervveded MMaayy nonott bbee ssccaannnneded,, ccopopiieded oror dduupplliiccaatetedd,, oror pposteostedd toto aa ppuubblliiccllyy aaccccessessiibbllee wwebebssiitete,,iinn
How concerned are you about
privacy and security in today’s
economy? Why do so many people,
particularly younger people, seem to
be unconcerned about privacy? Will these issues still be important in 10
years? Explain.
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Trang 19Bạn lo lắng như thế nào về quyền
riêng tư và bảo mật trong nền kinh
tế ngày nay? Tại sao nhiều người,
đặc biệt là những người trẻ tuổi,
dường như không quan tâm đến
quyền riêng tư? Liệu những vấn đề
này có còn quan trọng trong 10
năm nữa không? Giải thích.
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Trang 20 Developing Competitive Advantage
Competitive advantage –something the firm does better than competing firms
SWOT analysis –strengths, weaknesses, opportunities, threats
Marketing Strategy Decisions
Market segmentation and target marketing
Marketing program decisions (the marketing mix)
Branding and positioning
Major Marketing Activities and
Decisions (continued)
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Trang 21 Social Responsibility and Ethics
Social responsibility –maximizing positive impact on society, while minimizing negative impact
Marketing ethics –principles/standards that define
acceptable conduct in marketing activities
Implementation and Control
Process of executing the marketing plan
Marketing activities must be controlled to ensure that the strategy stays on course.
Developing andMaintaining Customer
Trang 22Transactional and Relationship
Marketing (Exhibit 1.4)
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Trang 23 Unending Change (thay đổi liên tục)
People-Driven Nature ofMarketing (tiếp thị hướng vào con người)
Lack of Rules for Choosing Marketing Activities (thiếu các quy tắc lựa chọn hoạt động tiếp thị)
Increasing Customer Expectations
Declining Customer Satisfaction and Brand Loyalty
Competing in MatureMarkets (cạnh tranh thị trường chung
Increasing commoditization
Little real differentiation among product offerings
Aggressive Cost-Cutting Measures (biện pháp cắt giảm chi phí
The Challenges of Marketing Strategy
Trang 24©©22001144 CenCenggaaggee LLeaearrniningng AlAlll RiRigghthtss ReResserervveded MMaayy nonott bbee ssccaannnneded,, ccopopiieded oror dduupplliiccaatetedd,, oror pposteostedd toto aa ppuubblliiccllyy aaccccessessiibbllee wwebebssiitete,,iinn
The text argues that marketing
possesses very few rules for
choosing the appropriate marketing activities Can you describe any
universal rules of marketing that
might be applied to most products, markets, customers, and situations?
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Trang 25Có nhiều tranh luận rằng: hoạt động tiếp thị có rất ít quy tắc để lựa
chọn các hoạt động tiếp thị thích
hợp Bạn có thể mô tả bất kỳ quy
tắc chung nào của tiếp thị có thể
được áp dụng cho hầu hết các sản
phẩm, thị trường, khách hàng và
tình huống không?
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Trang 26ả ơ
Trang 27TRƯỜNG ĐẠI HỌC VĂN LANG
KHOA THƯƠNG MẠI
ThS Nguyễn Quốc Vương
CHAPTER 2: STRATEGIC MARKETING PLANNING
Trang 28Chapter outline
2
Introduction
The strategic planning process
The marketing plan
Maintaining customer focus and balance in
strategic planning
Trang 29implementation, evaluation, and control of those activities
Explains how the organization will achieve its goals and
objectives
Serves as a “road map” for implementing the marketing strategy
Instructs employees as to their roles and functions
Provides specifics regarding the allocation of resources, specific marketing tasks, responsibilities of individuals, and the timing of marketing activities
3
The Strategic Planning Process
Trang 30The Strategic Planning Process
(Exhibit 2.1)
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Trang 31 Mission Statement
Answers… “What business are we in?”
Clear and concise (ngắn gọn)
Explains the organization’s reason for existence
(sự tồn tại)
Vision Statement
Answers… “What do we want to become?”
Tends (xu hướng) to be future oriented
Represents (đại diện) where the organization is
headed
Organizational Mission versus
Organizational Vision
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Trang 32 Five basic questions to be answered
Who are we?
Who are our customers?
What is our operating philosophy?
What are our core competencies or competitive advantages?
What are our responsibilities with respect to being a good steward of our human, financial, and environmentalresources?
Mission Width and Stability (Sứ mệnh cao cả và sự ổn đinh)
Width – too broad or too narrow?
Stability – frequency ofmodifications
Customer-Focused Mission Statements (KH là trọng tâm trong tuyên bố sứ mệnh)
Southwest Airlines
Ben and Jerry’s 3-Part Mission Statement
Tylenol
The American Red Cross
Elements of the Mission Statement
6
Trang 33The Best Mission Statements
(Exhibit 2.2)
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Trang 34 The central means for:
Utilizing and integrating the organization’s resources
Carrying out the organization’s mission
Achieving the organization’s desired goals and objectives
Leverages the firm’s capabilities that give it a
Trang 35 All business functions must support the
organization’s mission and goals.
Functional objectives should be expressed in clear, simple terms.
All functional objectives should be reconsidered for each planning period.
Functional Goals and Objectives
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Trang 36 Functional strategies are designed to integrate efforts focused on achieving the area’s stated objectives.
The strategy must:
Fit the needs and purposes of the functional area
Be realistic with the organization’s resources and environment
Be consistent with the organization’s mission goals, and objectives.
The effects of each functional strategy must be evaluated.
Functional Strategy
Trang 38Defend or contradict this statement:
Developing marketing strategy is
more important than implementing marketing strategy because if the
strategy is flawed,its implementation
doesn’t matter.
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Trang 39Defend or contradict this statement:
Phát triển chiến lược tiếp thị quan
trọng hơn thực hiện chiến lược tiếp thị bởi vì nếu chiến lược có sai sót, thì việc thực hiện chiến lược đó
không có ý nghĩa.
12
Trang 40 Occurs after a strategy has been implemented
Serves as the beginning point for planning in the next cycle
Evaluation and Control
Trang 41 Detailed formulation of the actions needed to carry out the marketing program; an action document – the handbook for marketing implementation, evaluation, and control
Not the same as a business plan
Requires a great deal of information from many different sources
Should be well organized A good marketing plan outline is:
Trang 42I Executive Summary
Synopsis of the major aspects of the marketing plan
II Situation Analysis
Internal environment
Customer environment
External environment
III SWOT Analysis
Strengths, weaknesses, opportunities, threats
Analysis of the SWOTmatrix
Developing competitive advantages
Establishing a strategic focus
Marketing Plan Structure
(Exhibit 2.3)
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Trang 43IV Marketing Goals and Objectives
Formal statements of desired and expected outcomes of the marketing plan
Primary (and secondary) targetmarket
The marketing program
Branding and positioning strategy
Marketing Plan Structure
(Exhibit 2.3) (continued)
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Trang 44Marketing Plan Structure
(Exhibit 2.3) (continued)
VI Marketing Implementation
What specific marketing activities will be undertaken?
How will these activities be performed?
When will these activities be performed?
Who is responsible for the completion of these activities?
How will the completion of planned activities be
monitored?
How much will these activities cost?
VII Evaluation and Control
Formal marketing control
Informal marketing control
Financial assessments
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Trang 45 Puts customer needs and wants first
Focuses on long-term, value-added relationships
Focuses on understanding customers in ways that enhance sustainable competitive advantages
Instills a corporate culture that places customers at the top of the organizational hierarchy (hệ thống cấp bậc
Finds ways to cooperate with suppliers and
competitors to serve customers more effectively and efficiently
Customer-Focused Strategic Planning
Trang 46ả ơ
Trang 47TRƯỜNG ĐẠI HỌC VĂN LANG
KHOA THƯƠNG MẠI
ThS Nguyễn Quốc Vương
CHAPTER 3: COLLECTING AND ANALYZING
MARKETING INFORNATION
Trang 48C H A P T E R 3
Collecting and
Analyzing Marketing Information
Trang 49Issues to Be Considered in aSituation Analysis (Exhibit 3.1)
2
Trang 50 Analysis Alone Is Not aSolution
Data Is Not the Same as Information
Data –a collection of numbers or facts that have the potential
to provide information
Information –data that have been transformed or combined with other data in a manner that makes them useful to decision makers
The Benefits of Analysis Must Outweigh the Costs
Conducting a Situation Analysis is aChallenging Exercise
Should provide a complete picture of three key environments: Internal, Customer, andExternal
3
Conducting a Situation Analysis
Trang 51Internal, Customer, and External
Environments (Exhibit 3.2)
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Trang 52Of the three major environments in a situation analysis (internal, customer, external), which do you think is the most important in a general sense? Why? What are some situations that would make one environment more
important than the others?
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Trang 53Ba môi trường chính trong phân tích (nội bộ, khách hàng, bên ngoài),
theo nghĩa chung, môi trường nào là quan trọng nhất? Tại sao? Một số
tình huống có thể làm cho một môi
trường quan trọng hơn các môi
trường khác là gì?
5
Trang 54 Review of Current Objectives, Strategy and
Performance
An important input to later stages in the planning process
Poor or declining performance must be the result of:
Goals or objectives that are inconsistent with the customer or external environments
Flawed marketing strategy
Trang 55 Availability of Resources
Includes a review of financial, human, and experience resources, as well as resources from key relationships
Financial resources tend to get most attention
Organizational Culture and Structure
Problems can arise when marketing does not hold a
prominent position in the organizational hierarchy
Culture and structure are relatively stable but can be affected
by mergers
The Internal Environment
(Exhibit 3.3) (continued)
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Trang 56 Who are our Current and Potential Customers?
What do Customers do with our Products?
Where do Customers Purchase our Products?
When do Customers Purchase our Products?
Why (and How) do Customers Select our Products?
Why do Potential Customers not Purchase our Products?
The Customer Environment
(Exhibit 3.4)
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Trang 57Understanding the motivations of a firm’s noncustomers is often just as important as understanding its
customers Look again at the reasons
why an individual would not purchase a firm’s products How can a firm reach out to noncustomers and successfully
convert them to customers?
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Trang 58Hiểu được động cơ của những
người không phải khách hàng của
một công ty thường cũng quan
trọng như hiểu khách hàng của
công ty đó.
Tại sao một cá nhân không mua sản phẩm của công ty Làm thế nào một
công ty có thể tiếp cận với những
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Trang 60 Total Budget Competitors
Compete for the limited financial resources of the same customers
The Competitive Environment
Trang 61Major Types of Competition
(Exhibit 3.6)
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Trang 63 Economic change is inevitable and has a profound impact on marketing strategy.
General Economic Conditions
Inflation,employment, income, interest rates, taxes, trade restrictions, tariffs, business cycle
Trang 65 Technology refers to the processes used to create
“things” considered to be new.
Advances that are not noticeable to customers…these
advances make marketing activities more efficient and effective
Examples: computer technology, RFID,near-field
communication
Technological Advancements
Trang 67 Secondary Information Sources
Internal data sources
Trang 68 Incomplete or inaccurate assessment ofthe
situation that the data should address
Severe information overload
Time and expense of collecting data
Organizing the vast amount of data and information collected during the situationanalysis
Typical Problems in Data Collection