Professional Documents
Culture Documents
Marketing
Why do you want a career in
marketing?
Why do you prefer a career that’s
not in marketing?
What do you think marketing is?
Lecture 1A
Some introductions
A welcome from me!
Dr Keith Glanfield
Welcome from the teaching team!
Dr Keith Glanfield
Dr Ahmed Almoraish
Dr Lucy Lu
Dr Sharad Gupta
Lets see how experienced in
marketing you are!
How much would you pay for this loaf of bread?
Would you pay any more for this loaf of bread?
What is this Ad about?
What is this Ad about?
So do you need to know any
more!
How can Heinz grow the sales of
baked beans?
The challenge of moving from
understanding what we see to
understanding what it is possible
to do?
Lecture 1A
Module introduction
MBA Marketing: Module Structure
Level 1
Marketing
Putting Marketing into a business context. an
Understanding it’s contribution to business and introduction
the extent of what it is, what it is not and what it (L1 & L2)
could be.
Level 2
Consumer
Marketing Marketing
behaviour &
What activity do we need to do and what environment research
STP
information do we need to collect before we (L3) (L4)
(L5)
can set marketing strategy?
Level 3
Marketing
strategy
What is marketing strategy (L6)
and how is developed?
Level 4
Marketing Price, place
How is marketing strategy Product & promotion Services Branding
mix and B2B (L10) (L11)
operationalised into activity to (L8) (L9)
(L7)
ensure the organisation benefits?
By the end of the module……
On successful completion of this module, students should be
able to:
A tailored macro- Your report provided an Your report provided a very Your report provided a good Your report provided a basic but Your report provided a weak and Your report provided a wholly
environmental excellent, well-articulated good, well-articulated summary summary of your macro- adequate summary of your superficial summary of your inadequate tailored macro-
(PESTEL) analysis summary of your macro- of your macro-environmental environmental analysis, which macro-environmental analysis, macro-environmental, which environmental resulting in no
showing sources of environmental analysis, which analysis, which included key included some examples for: which included some generic included only a few generic insights being identified as
information from included key examples for : examples for: examples for: examples for: factors that will influence the
acceptable and reliable organisation’s configuration of
sources AND PESTLE PESTLE PESTLE PESTLE PESTLE the new market offering.
highlighting the key
issues facing the Your analysis contained an Your analysis contained Your analysis contained the Your analysis contain some The analysis was descriptive in
company impressive amount of detailed a comprehensive amount of requisite amount of detailed factual information but further nature, it did not have sufficient
facts and figures which detailed facts and figures which facts and figures to give it facts and figures would have facts or figures to give the
(20%) enhanced it credibility. enhanced it credibility. credibility. added value and credibility here. analysis credibility, much of the
information provided being
The various macro-elements and The various macro-elements Some evaluation of the various Limited evaluation of the various irrelevant to answering the
key issues facing the company and key issues facing the macro-elements and key issues macro-elements and key issues question – resulting in limited
were carefully evaluated to company were carefully facing the company was facing the company was factors the organisation needs to
identify the important factors the evaluated to identify the import undertaken to identify some undertaken; the appraisal was take into consideration when
organisation would needs to take factors the organisation needs to factors the organisation needs to too descriptive resulting in only configuring the new market
into consideration when take into consideration when take into consideration when identifying a few factors the offering.
configuring the new market configuring the new market configuring the new market organisation needs to take into
offering. offering. offering. consideration when configuring
the new market offering.
Your report provided an Your report provided a very good Your report provided a good Your report provided a basic but Your report provided an You report provided a totally
Identification and excellent critical appraisal of the critical appraisal of the possible critical appraisal of the possible adequate appraisal of the inadequate appraisal of the inadequate analysis for the
justification of new possible growth options growth options available to the growth options available to the possible growth options possible growth options recommended new market
product/market offering available to the organisation: organisation: organisation: available to the organisation: available to the organisation: offering and did not discuss this
(Ansoff) to the level required or is missing
Market penetration Market penetration Market penetration Market penetration Market penetration entirely.
Market development Market development Market development Market development Market development
(15%) Product development Product development Product development Product development Product development
Diversification Diversification Diversification Diversification Diversification
Your report provided an Your report provided a very good Your report provided a good Your report provided a basic
excellent evaluation of why one evaluation of why one method evaluation of why one method evaluation of why one method Your report provided an
method was chosen and why was chosen and why others was chosen and why others was chosen and why others inadequate evaluation of why
others were not applicable. were not applicable. were not applicable. were not applicable but it was one method was chosen and
too descriptive. why others were not applicable –
Your analysis underpinning your Your analysis underpinning your Your analysis underpinning your it was far too descriptive.
recommended new market recommended new market recommended new market Your analysis underpinning your
offering was very clear, well- offering was clear, well-argued offering was clear and justified recommended new market Your analysis underpinning your
articulated, well-argued and and well-justified using a using a sufficient amount of offering was reasonably clear recommended new market
extremely well justified using an comprehensive amount of detailed facts and figures to give with some justification and some offering lacked clarity, was
impressive amount of detailed detailed facts and figures which it credibility. factual information but further descriptive in nature, it did not
facts and figures which enhanced it credibility. facts and figures would have have sufficient facts or figures to
enhanced it credibility. added value and credibility here. give the analysis credibility,
much of the information provided
being irrelevant to answering the
question.
The development of Your report provided an Your report provided a very good Your report provided a good Your report provided a basic but Your report provided an A totally inadequate appraisal
your company’s excellent appraisal of the most appraisal of the most suitable appraisal of the most suitable adequate appraisal of the most inadequate appraisal of the most regarding the possible marketing
marketing strategy suitable marketing strategy the marketing strategy the company marketing strategy the company suitable marketing strategy the suitable marketing strategy the strategy that the company needs
(think about the company needed to follow, needed to follow, which needed to follow, which included company needed to follow, company needed to follow, to follow.
segmentation, targeting which included: included: most of the following: which included some of the failing to include:
and positioning and following:
long-term strategic Segmentation analysis. Segmentation analysis. Segmentation analysis.
direction) Target market selection Target market selection Target market selection Segmentation analysis. Segmentation analysis.
Positioning of the offer Positioning of the offer Positioning of the offer Target market selection Target market selection
(30%) including positioning map including positioning map including positioning map Positioning of the offer Positioning of the offer
including positioning map including positioning map
.
Your report provided excellent Your report provided very good Your report provided good Your report provided basic but Your report provided inadequate Inadequate specific
Specific specific recommendations specific recommendation specific recommendations adequate recommendations recommendations regarding recommendations in terms of the
recommendations in regarding the proposed market regarding the proposed market regarding the proposed market regarding your proposed market your proposed market offering market offering, lacking in
relation to the market offering for your target customer offering for your target customer offering for your target customer offering for your target customer for your target customer which proposals in terms of levels
offering for the which included: which included: which included most of the which included some of the on-the-whole failed to include: within the new offering, pricing,
proposed target following: following: distribution channels, promotion
audience. (What will Levels of the new product . and communication.
you are marketing? and service offer, including Levels of the new product Levels of the new product
Think about how you packaging and branding. and service offer, including Levels of the new product Levels of the new product and service offer, including
communicate and Given your positioning, packaging and branding. and service offer, including and service offer, including packaging and branding.
distribute your offering. Given your positioning, packaging and branding. packaging and branding. Given your positioning,
what sort of pricing will you
What sort of pricing what sort of pricing will you Given your positioning, Given your positioning, what sort of pricing will you
employ given the target
point will you use given what sort of pricing will you what sort of pricing will you employ given the target
audience. Recommending employ given the target
your position in the employ given the target employ given the target audience. Recommending
marketplace?) pricing strategy adopted audience. Recommending
audience. Recommending audience. Recommending pricing strategy adopted
and actual price for the pricing strategy adopted
pricing strategy adopted pricing strategy adopted and actual price for the
(30%) new offer. and actual price for the and actual price for the and actual price for the new offer.
Distribution channels – new offer. new offer. new offer. Distribution channels –
how your customer can Distribution channels – Distribution channels – Distribution channels – how your customer can
buy your offering. Including how your customer can how your customer can how your customer can buy your offering. Including
recommended mix of direct buy your offering. Including buy your offering. Including buy your offering. Including recommended mix of direct
and indirect channels. recommended mix of direct recommended mix of direct recommended mix of direct and indirect channels.
Recommended and indirect channels. and indirect channels. and indirect channels. Recommended
promotional mix including Recommended Recommended Recommended promotional mix including
mix of push and pull promotional mix including promotional mix including promotional mix including mix of push and pull
tactics. mix of push and pull mix of push and pull mix of push and pull tactics.
tactics. tactics. Marketing communications
Marketing communications tactics.
Marketing communications Marketing communications to be used to launch the
to be used to launch the Marketing communications
to be used to launch the to be used to launch the new offer, taking into
new offer, taking into to be used to launch the new offer, taking into new offer, taking into account the AIDA
account the AIDA new offer, taking into account the AIDA account the AIDA framework.
framework. account the AIDA framework. framework.
framework.
Correct use of the The Report incorporated an The Report incorporated a very The Report incorporated a good The Report incorporated some Your assignment incorporated Your report incorporated an
Harvard referencing outstanding range of academic good range of academic and/or range of academic and/or relevant academic and/or an inadequate range of inadequate range of academic
system and at least 10 and/or practitioner credible practitioner credible sources. practitioner credible sources. practitioner credible sources. academic and/or practitioner and/or practitioner credible
academic references sources. The report The report demonstrated an You demonstrated a reasonable However, the use of more credible sources. You sources. You demonstrated a
Systematic, logical demonstrated an excellent use excellent use of these sources use of these sources (academic credible academic and demonstrated a poor use of poor use of these sources
approach to writing of these sources (academic (academic journal, textbooks, journal, textbooks, Mintel, trade practitioner sources (academic these sources (academic (academic journal, textbooks,
journal, textbooks, Mintel, trade Mintel, trade magazines and magazines and competition journal, textbooks, Mintel, trade journal, textbooks, Mintel, trade Mintel, trade magazines and
(5%) magazines and competition competition websites) which websites) which served to magazines and competition magazines and competition competition websites) which
websites) which served to served to enhance the credibility enhance the credibility of the websites) would have enhanced websites) which served to limit served to limit the credibility of
enhance the credibility of the of the points being made. points being made. the credibility of the points being the credibility of the points you the points you were making.
points being made. made. were making.
An example on Moodle!
Submission deadline
Marketing: an introduction
MBA Marketing: Module Structure
Level 1
Marketing
Putting Marketing into a business context. an
Understanding it’s contribution to business and introduction
the extent of wat it is, what it is not and what it (L1 & L2)
could be.
Level 2
Consumer
Marketing Marketing
behaviour &
What activity do we need to do and what environment research
STP
information do we need to collect before we (L3) (L4)
(L5)
can set marketing strategy?
Level 3
Marketing
strategy
What is marketing strategy (L6)
and how is developed?
Level 4
Marketing mix Price, place & Branding &
How is marketing strategy & B2B Product
promotion Services
operationalised into activity to (L7) (L8)
(L9) (L10)
ensure the organisation benefits?
What marketing is not
• Marketing is not just about selling
• “Selling focuses on the needs of the seller, marketing on the needs of the
buyer” (Theodore Levitt, 1960)
• Marketing is not just about advertising
• Marketing is not just about market research
Back to basics
• Origins of Marketing
• It is not a new thing
• Industrial revolution
• Mass production
• Transport
• Off the peg
Marketing philosophy and a set of
techniques (Palmer, 2012)
or
Philosophy Techniques
Construct an
Capture value
Understand the Design a integrated Build profitable
from customers
marketplace and customer-driven marketing relationships
to create profits
customer needs marketing program that and create
and customer
and wants strategy delivers superior customer delight
equity
value
Business Orientation
• Production orientation: Consumers want products that are available
and highly affordable
• Product orientation: Consumers want products that offer the most
quality, performance and features
• Sales orientation: Consumers will not buy enough products so the
business must engage in large scale selling and promotion
• Marketing orientation: Business success depends on knowing the
needs and wants of the customer better than competitors
• Societal orientation: Business should consider consumer demands,
company requirements and consumers’ and society's’ long term interests
Business Orientations
Product orientation
Production orientation
Sales orientation
Marketing orientation
Business Orientation
• Production orientation: Consumers want products that are available and
highly affordable
• Product orientation: Consumers want products that offer the most quality,
performance and features
• Sales orientation: Consumers will not buy enough products so the business
must engage in large scale selling and promotion
• Marketing orientation: Business success depends on knowing the needs and
wants of the customer better than competitors
• Societal orientation: Business should consider consumer
demands, company requirements and consumers’ and
society's’ long term interests
Societal Marketing Concept
• “The idea that a company’s marketing decisions should consider
consumers’ wants, the company’s requirements, consumers’ long
term interests, and society’s long term interests” (Kotler et al, 2013, p11)
Level 2
Consumer
Marketing Marketing
behaviour &
What activity do we need to do and what environment research
STP
information do we need to collect before we (L3) (L4)
(L5)
can set marketing strategy?
Level 3
Marketing
strategy
What is marketing strategy (L6)
and how is developed?
Level 4
Marketing mix Price, place & Branding &
How is marketing strategy & B2B Product
promotion Services
operationalised into activity to (L7) (L8)
(L9) (L10)
ensure the organisation benefits?