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DIMENSION OF MARKETING STRATEGY
SYIFA ATIKAH D0215111001
INTERNATIONAL PROGRAM2015
WIDYATAMA UNIVERSITY
INTRODUCTION
the four dimensions of the marketing mix- product, price, distribution and promotion-used to develop
the marketing strategy
THE MARKETING MIX
Marketing mix is the part of marketing strategy that involves decision regrading
controllable variable
PRODUCT STRATEGY
The term product refers to goods, services, and ideas.
The product is often the most visible of the marketing mix dimensions
DEVELOPING NEW PRODUCT
Each year, thousand of products are introduced. But just few of them succed.
Before introducing a new product, a business must follow a multistep process:
“idea development, the sceening of new ideas, business analysis, product development, test
marketing and commercialization”
CLASSIFYING PRODUCTProducts are usually classified as either consumer
products/ industrial products.Consumer products are for household or family use.Bussines products are used directly in the operation
or manufacturing processes of businesses.They can be further classified:
Raw materials, Major equitment, Accessory equitment, Component parts, Processed Materials,
Supplies and Industrial Services
PRODUCT LINE & MIX
1.Product Line:A group of closely related products that are
treated as a unit because of similiar marketing strategy, production, or end-use consideration
2.Product Mix:All the product offered by an organization
PRODUCT LIFE CYCLEProducts rae born, grow, mature and eventually die.
Some product have very long life. There are four stagen in the life cycle of product:
IntroductionGrowth
MaturityDecline
INDENTIFYING PRODUCTS
Branding, packing and labeling can be used to identify or distinguish one product from others. They
are must protect a quality of identifying products.
PRICING STRATEGYBuyer’s interest in price stems from their expectations
about the usefulness of a product or the satisfication they may derive from it.
Almost anything of value can be assessed by a price so the pricing strategy are very important
Specifict pricing strategy-Pricing new product
-psychological pricing -pricing discounting
PRICING OBJECTIVEPricing objective specify the role price in organiztion’s marketing mix and strategy
DISTRIBUTION STRATEGY
Dimension of distribution strategy are including the channels through which products are distributed. The intensify of market coverage, and the physical
handling of products during distribution
MARKETING CHANNELS
Marketing channels are group of organizations that moves products from their producer to customers.
Two intermediary organization are retailers and wholesalers
SUPPLY CHAIN MANAGEMENT
Supply chain management create alliances between channel members in chapter 8
We defined supply chain management as connecting an integrating all parties/members of the distribution system in order to satify costumers. In the supply of business managers, a distruption in the supply chain
was viewed as the number-one crisis that could decrease revenue
INTENSITY OF MARKET COVERAGE
1.Intensive distributionAvailable in as many outlets as posible
2.Selective distributionOnly a small number of all available outlets
3.Exclusive distributionAwarding by a manufacturer to an intermediary of the sole right to sell a
product in a defined geograpic termitory
4.Physical distributionTo move products from product is to costumers
IMPORTANCE OF DISTRIBUTION IN A MARKETING STRATEGY
Distribution decision are among the least fexible marketing mix decisions. Product, price, and promotion can be changed. But after commit resources & establish contractural relationships that are difficult if not imposible to change.
PROMOTION STRATEGY
Promotion is used not only to sell products, but also to influence opinions & attiudes foward an organization, person cause
THE PROMOTION MIX a. Integrated marketing communications b. Advertising to promote c. Personal selling
1.Prospecting (identifying potentrial)2.Approaching (calling on aa costumer)3.Presenting (Products demonstration)4.Harding objections (Countering reason)5.Closing (Asking the prospect)6.Following up (Checking costumer satification)
d. Publicity e. Sales Promotion
OBJECTIVE OF PROMOTION
The marketing mix a company use depens on objective (recognize that promotion is only one element of the marketing strategy and must be tied carefully to the goals of firm)
IMPORTANCE OF MARKETING STRATEGY
Marketing creates value through the marketing mix. The meaning of value is different between the
costumers and marketers. So this requires carefully integrating the marketing mix into an evective
marketing strategy