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Lecture Basic Marketing: A global-managerial approach: Chapter 19 - William D. Perreault, E. Jerome McCarthy

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When you finish this chapter, you should: Understand how information technology is speeding up feedback for better implementation and control, know why effective implementation is critical to customer satisfaction and profits, know how total quality management can improve implementation including implementation of service quality,...

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Implementing and

Controlling Marketing Plans:

Evolution and Revolution

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Chapter 19 Objectives

1 Understand how information 

technology is speeding up feedback 

for better implementation and 

control.

2 Know why effective implementation 

is critical to customer satisfaction 

and profits.

3 Know how total quality management 

can improve implementation— 

including implementation of service 

quality.

4 Understand how sales analysis can 

aid marketing strategy planning. 

5 Understand the differences in sales  analysis, performance analysis, and  performance analysis using 

performance indexes. 

6 Understand the difference between  the full­cost approach and the 

contribution­margin approach. 

7 Understand how planning and  control can be combined to improve  the marketing management process. 

8 Understand what a marketing audit is

—and when and where it should be  used. 

9.  Understand important new terms.

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Information Technology

Faster Feedback

Faster Feedback Data Details Data Details Real Time Real Time

Efficient and Effective

Efficient and Effective

Relationship

Building Relationship

Building

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Product Rapid product design Use 3­D CAD software

Pretest different versions PC graphics samples

Place Inventory coordination  Bar code, EDI

Get input and cooperation  TV conference

Promotion   Quick TV ad distribution  Satellite distribution

Price Identify frequent users  Create “favorite” club

Determine impact of price  Show unit price, vary by

Operational Problem Implementation Approach

Marketing Mix

Decision Area

Specific Implementation Problems

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Total Quality Management

Cost of Defects

Empowerment

Continuous Improvement

Customer Focus

Management Leadership and return on quality

Quality tools, benchmarking, and the like

TQM

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Performance Index Performance Analysis

Sales Analysis

Tools for

Control

Sales and Performance Analyses

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Marketing Cost Analysis

Allocation

Full-Cost Approach Margin Approach

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Contribution-Total Quality Management (TQM)

Continuous Improvement

Pareto Chart

Fishbone Diagram

Empowerment

Benchmarking

Sales Analysis

Performance Analysis

Performance Index

Iceberg Principle

Marketing Cost Analysis

Full-Cost Approach

Contribution-Margin Approach

Marketing Audit

Key Terms

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