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What Is Marketing? TRIHADI PUDIAWAN ERHAN - [email protected] - Universitas Pembangunan Jaya Program Strata Satu © August 2014

© August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

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Page 1: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

What Is Marketing?

TRIHADI PUDIAWAN ERHAN - [email protected] -

Universitas Pembangunan JayaProgram Strata Satu

© August 2014

Page 2: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

What is marketing?The process by which companies create value for customers and build

strong customer relationship in order to capture value from customer in return. (Kotler & Armstrong)

Page 3: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Understand the

marketplace and

customer needs & wants

Designs customer-

driven strategy

Construct an integrated marketing program

that delivers superior

value

Build profitable

realtionship and create customer

deligt

Capture value from

customer to create profit

and customer

equity

Create value for customers andbuild customer relationship

Capture value from customer

in return

Page 4: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

The Customer

Company Consumers

NEEDS

WANTS

DEMAND

PRODUCSTS

SERVICES

INFORMATION

EXPERIENCE

MARKET OFFERINGS

Page 5: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

The Marketplace

Suppliers

Company

Market Intermediaries Consumers

Competitors

Page 6: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer-DrivenMarketing Strategy

Page 7: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

What is marketing management?

The art and science of choosing target markets and building profitable relationship with them.

(Kotler & Armstrong)

Page 8: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

CHOOSING CUSTOMER

AQUIRING CUSTOMER

RETAINING CUSTOMER

UNDERSTANDING CUSTOMER

STP

IMC

CRM

Page 9: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Selecting Customer To Serve

What customer will we serve?

How can we serve these customer best?

Page 10: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Selecting Customer To Serve

What customer will we serve?

Segmenting & Targeting

Page 11: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Selecting Customer To Serve

How can we serve these customer best?

Value Positioning

Page 12: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Integrated Marketing Communication

4 P’s

PRODUCT

PRICEPLACE

PROMOTION

Page 13: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

CUSTOMER RELATIONSHIP MANAGEMENTThe overall process of building and maintaining profitable customer

relationship by delivering superior

customer value & customer satisfaction

Page 14: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

CUSTOMER RELATIONSHIP MANAGEMENTThe overall process of building and maintaining profitable customer

relationship by delivering superior

customer value & customer satisfaction

Page 15: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

CUSTOMER RELATIONSHIP MANAGEMENTThe overall process of building and maintaining profitable customer

relationship by delivering superior

customer value & customer satisfaction

Customer-Perceived ValueThe customer’s evaluation of the difference betweenall the benefits and all the cost of a marketing offerrelative to those of competing offers

Page 16: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

CUSTOMER RELATIONSHIP MANAGEMENTThe overall process of building and maintaining profitable customer

relationship by delivering superior

customer value & customer satisfaction

Customer SatisfactionThe extent to whicha product’s perceived Performance matches a buyer’s expectation

Page 17: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

Customer-managed relationshipMarketing relationships in which customers, empowered by today’s new digital technologies, interact whith companies and with each other to shape their relationships with brands

Consumer-generated marketingBrand exchanges created by consumer themselves–both invited and uninvited—

by which consumers are playing an increasing role in shaping their own brandexperiences and those of other consumers

Page 18: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

Page 19: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Customer Relationship Management

Why should brand build good relationshipwith their consumers?

To win their more SHARE OF CUSTOMER!!!

Larger CUSTOMER LIFETIME VALUE!!!

Bigger CUSTOMER EQUITY!!!

Page 20: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

Understand the

marketplace and

customer needs & wants

Designs customer-

driven strategy

Construct an integrated marketing program

that delivers superior

value

Build profitable

realtionship and create customer

deligt

Capture value from

customer to create profit

and customer

equity

Create value for customers andbuild customer relationship

Capture value from customer

in return

Page 21: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture
Page 22: © August 2014. What is marketing? The process by which companies create value for customers and build strong customer relationship in order to capture

© February 2014