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Marketing Management, KotlerChapter 1Defining Marketing for the 21st Century
Citation preview
1
DEFINING MARKETING for the 21st CENTURY
Jeffray Marc D. Ang
Ateneo School of Medicine and Public Health
May 12, 2010
Chapter 1
Keeping Up with Changing Times
Outline: Understanding 21st century marketing…1. Through core marketing concepts
(what?)2. By new marketing realities (how?)3. Using Holistic Marketing Concept
(why?)4. Integrating Marketing Mix (why?)5. Putting it all together (summary)
Concept 1:Target Markets, Positioning and Segmentation
Concept 1:Target Markets, Positioning and SegmentationKotler: Wal-Mart
Local: SM, Robinson’s
RP Medical Application:- The Medical City structure- St. Luke’s Hospital structure
Concept 2:Companies address needs by putting value proposition.
Concept 2:Companies address needs by putting value proposition.Kotler: McDonald’s
Local: Jolibee
RP Medical Application: - Medical Services by Healthway- Belo Medical Group- Calayan Medical Group
Concept 3:Offering is successful if it delivers value & satisfaction.
Values
Concept 3:Offering is successful if it delivers value & satisfaction.Kotler: Wal-Mart
Local: Rustans, Ayala Malls
RP Medical Application:- Service structure of Asian Hospital- Hospital service offered by St.
Lukes (Fort)
Concept 4:Marketers uses three kinds of marketing channels.
Concept 4:Marketers uses three kinds of marketing channels.Kotler: Wal-Mart
Local: SM Malls
RP Medical Application: - Ad campaign and promotions by
TMC- St. Lukes Ad (Fort)
Concept 5:Retail transformation as major societal force.
Concept 5:Retail transformation as major societal force.Kotler: Mac Cosmetics Inc.
Local: Avon Cosmetics, Maybelline
RP Medical Application: - Incorporation of non-hospital
services- Commercializing hospital space- Opening of business ventures in
hospitals
Concept 6:Disintermediation as major societal force.
Concept 6:Disintermediation as major societal force.Kotler: AOL, Amazon.com, Yahoo!
Local: Yehey!, Sulit.com
RP Medical Application: - Outsourcing of medical services- Services offered via web or
technology- Online service or access in
hospitals
Concept 7:Amplified voice to influence peer & public opinion as consumer capability.
Concept 7:Amplified voice to influence peer & public opinion as consumer capability.Kotler: MySpace, Flickr, Digg
Local: Facebook, Multiply
RP Medical Application: - E-medicine- WebMD
Concept 8:Companies reach consumers on the move with mobile marketing.
Concept 8:Companies reach consumers on the move with mobile marketing.Kotler: Dunkin’ Donuts, Baskin
Robbins
Local: LBC, DHL
RP Medical Application: - Tracking of medical drugs in transit- Follow-up delivery in procurement- Ambulance tracking
Concept 9:Holistic Marketing Concept
Internal
Integrated
Holistic
Concept 9:Holistic Marketing ConceptKotler: Nike
Local: Adidas, Havaianas, Marikina Shoes
RP Medical Application: - The New Medical City- St. Lukes (Fort)
Concept 10:Four P Component of Marketing Mix
Product
Price
Promotion
Place
Concept 10:Four P Component of Marketing MixKotler: Carnival Connections
Local: Online stores (Multiply)
RP Medical Application:- Services offered by urban hospitals- Health program promotions by DOH- Health Awareness Programs in
Medical Schools
Conclusion: 21st century marketing
Understanding marketing today requires
Marketing conceptsNew marketing realities
and use of models.
24
DEFINING MARKETING for the 21st CENTURY
Jeffray Marc D. Ang
Ateneo School of Medicine and Public Health
May 12, 2010
Chapter 1
Keeping Up with Changing Times