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Lecture Basic Marketing: A global managerial approach - Chapter 1: Marketing’s role within organizations

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After completing this chapter, students will be able: Know what marketing is and why you should learn about it, understand the difference between micro-marketing and macro-marketing, know why and how macro-marketing systems develop, understand why marketing is crucial to economic development and our global economy,...

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For use with Shapiro, Wong, Perreault, and McCarthy texts.

Copyright © 2002 McGraw-Hill Ryerson Limited.

Basic Marketing A Global-Managerial Approach

Stanley J Shapiro Kenneth Wong William D Perreault, Jr.

E Jerome McCarthy

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Marketing’s Role

within Organizations

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For use with Shapiro, Wong, Perreault, and McCarthy texts.

Copyright © 2002 McGraw-Hill Ryerson Limited.

Marketing Defined

Micro­marketing

The performance of 

activities that seek to 

accomplish an 

organization’s objectives 

by anticipating customer 

needs and directing the 

flow of need­satisfying 

goods and services.

Macro­marketing

A social process that  directs an economy’s  flow of goods and 

services to effectively  match supply and  demand and to meet  society’s objectives.

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Utility and Marketing

From Production

Form

Task

Task

Time

Place

Possession

Possession

Utility

Value that comes from satisfying human needs

Utility

Value that comes from satisfying human needs

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For use with Shapiro, Wong, Perreault, and McCarthy texts.

Copyright © 2002 McGraw-Hill Ryerson Limited.

Simple Trade Era

Production Era

Sales Era

Marketing Department

Era

Marketing Department

Era

Marketing Company

Era

Marketing Company

Era

Sell Surplus

Increase Supply

Beat Competition

Coordinate and Control

Long-Run Customer Satisfaction

Long-Run Customer Satisfaction

Focus:

Focus:

Focus:

Focus :

Focus :

Marketing’s Changing Role

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The Marketing Concept

Profit

Customer Satisfaction

Customer

Total Company

Effort

The Marketing Concept

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For use with Shapiro, Wong, Perreault, and McCarthy texts.

Copyright © 2002 McGraw-Hill Ryerson Limited.

Customer Value Reflects Benefits and Costs

Customer value concerns the difference between the benefits a  customer sees from a firm’s market offering and the costs of 

obtaining those benefits

The customer’s view of costs and benefits is not just limited 

to economic (or even rational) considerations­­and a low 

price may NOT result in superior value.

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Nonprofits Need Marketing, Too

Poorly Organized for Marketing

Poorly Organized for Marketing

Non-Customer Support

Non-Customer Support

Non-Economic Measures

Non-Economic Measures

Characteristics

of Nonprofit Organizations

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