Professional Documents
Culture Documents
INSIGHT
WHAT is marketing?
Marketing is managing profitable
customer relationships
Aim
Creating a value for customers and
capturing value from customer in
turn.
Lets start a good story about
marketing in action at Procter
and gamble in the united states
P&G
• Procter and Gamble, one of the largest
and most respected companies, really
does create value for customer by
solving their problems. in return
customers reward Procter and gamble
with their brand loyalty and buying .
MISSION
Construct
Understan Capture
and deliver Build
d Design a value from
marketing profitable
The customer customers
program relationship
market driven to create
that s and
place and marketing profits and
Delivers customer
customer strategy customer
superior delight
needs equity
value
Contd…..
• Markets and marketing are
becoming ever more
international, quintessentially
American Mc Donald's
captures 65% of its revenues
from outside of the united
states
Marketing management