MOLECULAR MARKETING refers to the creative systemic approach to strategic and operational model building; it treats in an integrated way the innovation of single business elements, business processes and entire business models. The book/e-book MOLECULAR MARKETING: Market Leadership Creative Modeling, written by Iveta Merlinova, is a referential text for this area.
https://itunes.apple.com/us/book/molecular-marketing/id669367377?mt=13
https://www.amazon.com/Molecular-Marketing-Leadership-Creative-Modeling/dp/8890884223/ref=sr_1_2?ie=UTF8&qid=1450368136&sr=8-2&keywords=iveta+merlinova
7. TRANSACTIONAL MM ELEMENTS
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
24
CHAPTER
2
TRANSACTIONAL MOLECULAR MARKETING ELEMENTS
MM
ELEMENTS
are
basic
markeAng-‐offering
enAAes
that
saAsfy
customers’
specific
needs.
These
elementary
parAcles
are
combined
and
used
within
the
processes
of
MARKETING
MOLECULE
building,
processes
that
finally
define
a
company’s
offer
to
the
customer.
Today’s
markeAng
offering
usually
has
its:
• transacAonal
dimension
that
typically
brings
short-‐term
commercial
results
and
is
developed
around
a
core
product/service
offering,
• relaAonal
dimension,
focused
on
a
company’s
relaAonship
with
its
customers
and
on
their
saAsfacAon,
experience,
and
retenAon,
and
finally
• collaboraAve
dimension,
managed
through
communiAes,
open
collaboraAons,
and
social
media,
and
related
to
social
and
business
networking
and
complex
rela-‐
Aonships.
•
Accordingly,
three
categories
of
MM
ELEMENTS
will
be
presented
in
the
following
text:
transacAonal,
relaAonal,
and
collaboraAve.
This
segmentaAon
is
fundamentally
conceptual
and
funcAonal
to
a
simpler
introducAon
of
some
of
the
most
frequently
used
MM
ELEMENTS
in
today’s
business
pracAce.
Obviously,
different
qualiAes
of
the
same
MM
ELEMENT
could
be
proposed
alternaAvely
and
for
different
transac-‐
Aonal,
relaAonal,
and/or
collaboraAve
needs,
generaAng
different
benefits
for
differ-‐
ent
clients
or
for
the
same
customer
in
different
phases
of
the
interacAon
process
with
the
company.
MM
ELEMENTS
are
mulAdimensional
and
the
aim
of
markeAng
is
to
innovate
and
manage
them
with
creaAvity,
efficiency,
and
effecAveness.
In
the
next
pages,
a
selecAon
of
thirty
MM
ELEMENTS
will
be
presented:
ten
of
them
in
the
transacAonal
category,
another
ten
in
the
relaAonal
category,
and
the
last
ten
elements
within
the
collaboraAve
category.
In
parAcular,
TRANSACTIONAL
MM
ELEMENTS
have
roots
in
tradiAonal
markeAng
philosophy.
They
are
aimed
at
creaAng,
promoAng,
distribuAng,
and
pricing
products
and
services,
and
substan-‐
Aally
at
selling
products
or
services
and
concluding
commercial
negoAaAons.
The
basic
TRANSACTIONAL
MM
ELEMENTS
are
PRODUCT,
PLACE,
PROMOTION,
and
PRICE.
Alongside
them,
PACKAGING,
DESIGN,
and
ADVERTISING
will
be
considered
as
unique
elements.
Furthermore,
since
new
needs
and
increasing
customer
sophis-‐
AcaAon
ask
for
innovaAve
transacAonal
elements,
three
of
these
elements
that
we
consider
really
important—TIME,
ECOLOGY,
and
ENTERTAINMENT—will
be
dis-‐
cussed
in
this
chapter.
This
list
of
TRANSACTIONAL
MM
ELEMENTS
is
naturally
not
exhausAve,
and
in
each
company,
the
elements
should
be
progressively
enriched
and/or
modified.
8. TRANSACTIONAL MM ELEMENTS
Tangible
consumer
and
industrial
PRODUCTS
are
predominantly
(though
not
exclusively!)
transacAonal:
their
innovaAon,
technical
features,
and
performance
are
successfully
used
for
market
and
customer
“hunAng.”
Intangible
“products,”
such
as
services
or
informaAon,
acquire
and
keep
transacAonal
characterisAcs,
but
their
recognized
markeAng
value,
concerning
the
interacAon
with
customers,
is
first
of
all
relaAonal.
The
different
business
potenAal
of
tangibility
and
intangibility
is
important;
consequently,
in
this
work,
the
term
“product”
will
exclusively
refer
to
a
tangible
company
offering
(core
products,
components,
physical
evidence
of
services,
etc.);
the
intangible
offering
will
be
taken
into
consideraAon
separately
through
relaAonal
and
collaboraAve
elements
such
as
services,
informaAon,
knowledge,
and
others.
PRODUCTS
give
meaning
and
reputaAon
to
a
company’s
whole
business,
and
even
when
a
product
is
not
the
main
markeAng
element
(it
usually
happens
in
more
mature
phases
of
the
product-‐offering
life
cycle
or
during
some
phases
of
the
selling
process),
it
must
not
ever
be
ignored.
An
authenAcally
responsible
business
or
insAtuAonal
organizaAon
should
never
employ
commercial,
pricing,
or
communicaAon
levers
without
bidding
an
undisputed
quality
of
a
product
to
its
targets.
However,
a
single
PRODUCT
innovaAon
is
today
insufficient;
process
and
business-‐model
innovaAons
represent
a
new
compeAAve
reference.
Today’s
markeAng
plans
are
not
created
around
products,
not
any
more;
companies
have
to
manage
products
within
the
“big
picture,”
in
alignment
and
integrated
with
other
business
and
markeAng
elements.
The
following
map
depicts
some
potenAal
markeAng
dimensions
of
the
PRODUCT
element:
quality,
life
cycle,
customizaAon,
diversificaAon,
porrolio
management,
and
product
systems
that
are
usually
deployed
as
transacAonal
benefits
for
customer
usage
and
consumpAon.
The
PRODUCT
characterisAcs
are
more
and
more
o[en
used
for
communicaAon
(product
placement,
product
storytelling,
design,
branding)
as
well
as
for
social
networking
(iPod
for
iTunes,
Ferrari
cars
for
Ferrari
clubs).
These
features
are
important
for
the
building
of
the
MARKETING
MOLECULE,
coherence,
and
stability,
creaAng
a
strong
link
with
other
MM
ELEMENTS.
A
PRODUCT
(or
its
dimensions)
is
a
“must
have”
component
of
each
MM
MODEL.
Nevertheless,
its
high
quality
and
innovaAon
is
today
just
a
necessary
condiAon
for
success,
but
it
is
usually
not
sufficient.
20
02.01
PRODUCT | Pr
Tangible
consumer
and
industrial
PRODUCTS
are
predominantly
(though
not
exclusively!)
transacAonal:
their
innovaAon,
technical
features,
and
performance
are
successfully
used
for
market
and
customer
“hunAng.”
Intangible
“products,”
such
as
services
or
informaAon,
acquire
and
keep
transacAonal
characterisAcs,
but
their
recognized
markeAng
value,
concerning
the
interacAon
with
customers,
is
first
of
all
relaAonal.
The
different
business
potenAal
of
tangibility
and
intangibility
is
important;
consequently,
in
this
work,
the
term
“product”
will
exclusively
refer
to
a
tangible
company
offering
(core
products,
components,
physical
evidence
of
services,
etc.);
the
intangible
offering
will
be
taken
into
consideraAon
separately
through
relaAonal
and
collaboraAve
elements
such
as
services,
informaAon,
knowledge,
and
others.
PRODUCTS
give
meaning
and
reputaAon
to
a
company’s
whole
business,
and
even
when
a
product
is
not
the
main
markeAng
element
(it
usually
happens
in
more
mature
phases
of
the
product-‐offering
life
cycle
or
during
some
phases
of
the
selling
process),
it
must
not
ever
be
ignored.
An
authenAcally
responsible
business
or
insAtuAonal
organizaAon
should
never
employ
commercial,
pricing,
or
communicaAon
levers
without
bidding
an
undisputed
quality
of
a
product
to
its
targets.
However,
a
single
PRODUCT
innovaAon
is
today
insufficient;
process
and
business-‐model
innovaAons
represent
a
new
compeAAve
reference.
Today’s
markeAng
plans
are
not
created
around
products,
not
any
more;
companies
have
to
manage
products
within
the
“big
picture,”
in
alignment
and
integrated
with
other
business
and
markeAng
elements.
The
following
map
depicts
some
potenAal
markeAng
dimensions
of
the
PRODUCT
element:
quality,
life
cycle,
customizaAon,
diversificaAon,
porrolio
management,
and
product
systems
that
are
usually
deployed
as
transacAonal
benefits
for
customer
usage
and
consumpAon.
The
PRODUCT
characterisAcs
are
more
and
more
o[en
used
for
communicaAon
(product
placement,
product
storytelling,
design,
branding)
as
well
as
for
social
networking
(iPod
for
iTunes,
Ferrari
cars
for
Ferrari
clubs).
These
features
are
important
for
the
building
of
the
MARKETING
MOLECULE,
coherence,
and
stability,
creaAng
a
strong
link
with
other
MM
ELEMENTS.
A
PRODUCT
(or
its
dimensions)
is
a
“must
have”
component
of
each
MM
MODEL.
Nevertheless,
its
high
quality
and
innovaAon
is
today
just
a
necessary
condiAon
for
success,
but
it
is
usually
not
sufficient.
20
02.01
PRODUCT | Pr
25
Tangible
consumer
and
industrial
PRODUCTS
are
predominantly
(though
not
exclusively!)
transacAonal:
their
innovaAon,
technical
features,
and
performance
are
successfully
used
for
market
and
customer
“hunAng.”
Intangible
“products,”
such
as
services
or
informaAon,
acquire
and
keep
transacAonal
characterisAcs,
but
their
recognized
markeAng
value,
concerning
the
interacAon
with
customers,
is
first
of
all
relaAonal.
The
different
business
potenAal
of
tangibility
and
intangibility
is
important;
consequently,
in
this
work,
the
term
“product”
will
exclusively
refer
to
a
tangible
company
offering
(core
products,
components,
physical
evidence
of
services,
etc.);
the
intangible
offering
will
be
taken
into
consideraAon
separately
through
relaAonal
and
collaboraAve
elements
such
as
services,
informaAon,
knowledge,
and
others.
PRODUCTS
give
meaning
and
reputaAon
to
a
company’s
whole
business,
and
even
when
a
product
is
not
the
main
markeAng
element
(it
usually
happens
in
more
mature
phases
of
the
product-‐offering
life
cycle
or
during
some
phases
of
the
selling
process),
it
must
not
ever
be
ignored.
An
authenAcally
responsible
business
or
insAtuAonal
organizaAon
should
never
employ
commercial,
pricing,
or
communicaAon
levers
without
bidding
an
undisputed
quality
of
a
product
to
its
targets.
However,
a
single
PRODUCT
innovaAon
is
today
insufficient;
process
and
business-‐model
innovaAons
represent
a
new
compeAAve
reference.
Today’s
markeAng
plans
are
not
created
around
products,
not
any
more;
companies
have
to
manage
products
within
the
“big
picture,”
in
alignment
and
integrated
with
other
business
and
markeAng
elements.
The
following
map
depicts
some
potenAal
markeAng
dimensions
of
the
PRODUCT
element:
quality,
life
cycle,
customizaAon,
diversificaAon,
porrolio
management,
and
product
systems
that
are
usually
deployed
as
transacAonal
benefits
for
customer
usage
and
consumpAon.
The
PRODUCT
characterisAcs
are
more
and
more
o[en
used
for
communicaAon
(product
placement,
product
storytelling,
design,
branding)
as
well
as
for
social
networking
(iPod
for
iTunes,
Ferrari
cars
for
Ferrari
clubs).
These
features
are
important
for
the
building
of
the
MARKETING
MOLECULE,
coherence,
and
stability,
creaAng
a
strong
link
with
other
MM
ELEMENTS.
A
PRODUCT
(or
its
dimensions)
is
a
“must
have”
component
of
each
MM
MODEL.
Nevertheless,
its
high
quality
and
innovaAon
is
today
just
a
necessary
condiAon
for
success,
but
it
is
usually
not
sufficient.
20
02.01
PRODUCT | Pr
Tangible
consumer
and
industrial
PRODUCTS
are
predominantly
(though
not
exclusively!)
transacAonal:
their
innovaAon,
technical
features,
and
performance
are
successfully
used
for
market
and
customer
“hunAng.”
Intangible
“products,”
such
as
services
or
informaAon,
acquire
and
keep
transacAonal
characterisAcs,
but
their
recognized
markeAng
value,
concerning
the
interacAon
with
customers,
is
first
of
all
relaAonal.
The
different
business
potenAal
of
tangibility
and
intangibility
is
important;
consequently,
in
this
work,
the
term
“product”
will
exclusively
refer
to
a
tangible
company
offering
(core
products,
components,
physical
evidence
of
services,
etc.);
the
intangible
offering
will
be
taken
into
consideraAon
separately
through
relaAonal
and
collaboraAve
elements
such
as
services,
informaAon,
knowledge,
and
others.
PRODUCTS
give
meaning
and
reputaAon
to
a
company’s
whole
business,
and
even
when
a
product
is
not
the
main
markeAng
element
(it
usually
happens
in
more
mature
phases
of
the
product-‐offering
life
cycle
or
during
some
phases
of
the
selling
process),
it
must
not
ever
be
ignored.
An
authenAcally
responsible
business
or
insAtuAonal
organizaAon
should
never
employ
commercial,
pricing,
or
communicaAon
levers
without
bidding
an
undisputed
quality
of
a
product
to
its
targets.
However,
a
single
PRODUCT
innovaAon
is
today
insufficient;
process
and
business-‐model
innovaAons
represent
a
new
compeAAve
reference.
Today’s
markeAng
plans
are
not
created
around
products,
not
any
more;
companies
have
to
manage
products
within
the
“big
picture,”
in
alignment
and
integrated
with
other
business
and
markeAng
elements.
The
following
map
depicts
some
potenAal
markeAng
dimensions
of
the
PRODUCT
element:
quality,
life
cycle,
customizaAon,
diversificaAon,
porrolio
management,
and
product
systems
that
are
usually
deployed
as
transacAonal
benefits
for
customer
usage
and
consumpAon.
The
PRODUCT
characterisAcs
are
more
and
more
o[en
used
for
communicaAon
(product
placement,
product
storytelling,
design,
branding)
as
well
as
for
social
networking
(iPod
for
iTunes,
Ferrari
cars
for
Ferrari
clubs).
These
features
are
important
for
the
building
of
the
MARKETING
MOLECULE,
coherence,
and
stability,
creaAng
a
strong
link
with
other
MM
ELEMENTS.
A
PRODUCT
(or
its
dimensions)
is
a
“must
have”
component
of
each
MM
MODEL.
Nevertheless,
its
high
quality
and
innovaAon
is
today
just
a
necessary
condiAon
for
success,
but
it
is
usually
not
sufficient.
20
02.01
PRODUCT | Pr
9. TRANSACTIONAL MM ELEMENTS
PACKAGING
is
a
great
markeAng
element.
Originally
treated
as
an
integrated
part
of
consumer
products,
nowadays
it
has
acquired
an
importance
also
in
business-‐to-‐
business
markeAng
and
service
markeAng,
giving
a
new
value
dimension
to
industrial
products
and
to
intangible
services
and
experiences
as
their
physical
evidence.
PACKAGING
has
three
basic
funcAons:
to
protect
products,
to
communicate
and
interact
with
customers,
as
well
as
to
facilitate
product
usage.
Marketers
propose
benefits
through
all
these
funcAons
pracAcally
to
all
involved
stakeholders:
for
the
company
and
the
suppliers,
during
producAon
and
logisAcal
processes;
for
distribuAon
channels
for
transport,
safety,
logisAcs,
and
other
processes;
for
retailers
supporAng
their
in-‐shop
layout
opAmizaAon,
shelf
exposure,
control,
or
promoAons;
for
final
users
and
consumers,
facilitaAng
product
transport,
usage,
and
preservaAon,
allowing
addiAonal
sensorial,
ethical,
and
emoAonal
experiences;
and
finally
also
for
ciAzens
and
territorial
communiAes,
managing
the
ecological
sustainability
of
the
PACKAGING
life
cycle.
The
basic
“3Rs”—the
elements
of
the
green
markeAng
mix,
“reduce,”
“reuse,”
and
“recycle”—are
largely
applied
and
used
as
compeAAve
advantages
and
the
benefits
of
PACKAGING.
The
funcAonal
and
communicaAon
characterisAcs
of
PACKAGING
require
conAnuous
innovaAon
of
materials,
DESIGN,
and
style.
PACKAGING
may
become
a
plarorm
for
product
life-‐
cycle
management
and
extend
it:
for
example,
a
repurchased
product
could
be
refilled
into
the
same
container,
a
modular
structure
of
PACKAGING
could
moAvate
repurchase
of
the
same
product,
and
so
on.
PACKAGING
is
a
strong
communicaAon
medium,
o[en
even
without
words:
through
materials,
colors,
and
forms,
it
announces
consumer
products,
creates
suspense,
gives
emoAons,
and
communicates
the
brand.
With
regard
to
services,
PACKAGING
carries
out
a
relaAonal
rule
as
well:
service
tangible
elements
reduce
perceived
risk
and
increase
customer
saAsfacAon,
trust,
and
consequently
customer
loyalty.
For
industrial
products,
PACKAGING
is
a
relaAvely
new
area
both
for
compeAAon
and
for
the
customer:
someAmes
it
becomes
a
new
company
PRODUCT,
simplifies
communicaAon
about
industrial
components
to
the
final
market,
and
introduces
design
elements
to
industry,
technology,
and
producAon.
Companies
that
produce
packaging
treat
it
as
a
PRODUCT
element.
21
02.02
PACKAGING | Pk
26
PACKAGING
is
a
great
markeAng
element.
Originally
treated
as
an
integrated
part
of
consumer
products,
nowadays
it
has
acquired
an
importance
also
in
business-‐to-‐
business
markeAng
and
service
markeAng,
giving
a
new
value
dimension
to
industrial
products
and
to
intangible
services
and
experiences
as
their
physical
evidence.
PACKAGING
has
three
basic
funcAons:
to
protect
products,
to
communicate
and
interact
with
customers,
as
well
as
to
facilitate
product
usage.
Marketers
propose
benefits
through
all
these
funcAons
pracAcally
to
all
involved
stakeholders:
for
the
company
and
the
suppliers,
during
producAon
and
logisAcal
processes;
for
distribuAon
channels
for
transport,
safety,
logisAcs,
and
other
processes;
for
retailers
supporAng
their
in-‐shop
layout
opAmizaAon,
shelf
exposure,
control,
or
promoAons;
for
final
users
and
consumers,
facilitaAng
product
transport,
usage,
and
preservaAon,
allowing
addiAonal
sensorial,
ethical,
and
emoAonal
experiences;
and
finally
also
for
ciAzens
and
territorial
communiAes,
managing
the
ecological
sustainability
of
the
PACKAGING
life
cycle.
The
basic
“3Rs”—the
elements
of
the
green
markeAng
mix,
“reduce,”
“reuse,”
and
“recycle”—are
largely
applied
and
used
as
compeAAve
advantages
and
the
benefits
of
PACKAGING.
The
funcAonal
and
communicaAon
characterisAcs
of
PACKAGING
require
conAnuous
innovaAon
of
materials,
DESIGN,
and
style.
PACKAGING
may
become
a
plarorm
for
product
life-‐
cycle
management
and
extend
it:
for
example,
a
repurchased
product
could
be
refilled
into
the
same
container,
a
modular
structure
of
PACKAGING
could
moAvate
repurchase
of
the
same
product,
and
so
on.
PACKAGING
is
a
strong
communicaAon
medium,
o[en
even
without
words:
through
materials,
colors,
and
forms,
it
announces
consumer
products,
creates
suspense,
gives
emoAons,
and
communicates
the
brand.
With
regard
to
services,
PACKAGING
carries
out
a
relaAonal
rule
as
well:
service
tangible
elements
reduce
perceived
risk
and
increase
customer
saAsfacAon,
trust,
and
consequently
customer
loyalty.
For
industrial
products,
PACKAGING
is
a
relaAvely
new
area
both
for
compeAAon
and
for
the
customer:
someAmes
it
becomes
a
new
company
PRODUCT,
simplifies
communicaAon
about
industrial
components
to
the
final
market,
and
introduces
design
elements
to
industry,
technology,
and
producAon.
Companies
that
produce
packaging
treat
it
as
a
PRODUCT
element.
21
02.02
PACKAGING | Pk
PACKAGING
is
a
great
markeAng
element.
Originally
treated
as
an
integrated
part
of
consumer
products,
nowadays
it
has
acquired
an
importance
also
in
business-‐to-‐
business
markeAng
and
service
markeAng,
giving
a
new
value
dimension
to
industrial
products
and
to
intangible
services
and
experiences
as
their
physical
evidence.
PACKAGING
has
three
basic
funcAons:
to
protect
products,
to
communicate
and
interact
with
customers,
as
well
as
to
facilitate
product
usage.
Marketers
propose
benefits
through
all
these
funcAons
pracAcally
to
all
involved
stakeholders:
for
the
company
and
the
suppliers,
during
producAon
and
logisAcal
processes;
for
distribuAon
channels
for
transport,
safety,
logisAcs,
and
other
processes;
for
retailers
supporAng
their
in-‐shop
layout
opAmizaAon,
shelf
exposure,
control,
or
promoAons;
for
final
users
and
consumers,
facilitaAng
product
transport,
usage,
and
preservaAon,
allowing
addiAonal
sensorial,
ethical,
and
emoAonal
experiences;
and
finally
also
for
ciAzens
and
territorial
communiAes,
managing
the
ecological
sustainability
of
the
PACKAGING
life
cycle.
The
basic
“3Rs”—the
elements
of
the
green
markeAng
mix,
“reduce,”
“reuse,”
and
“recycle”—are
largely
applied
and
used
as
compeAAve
advantages
and
the
benefits
of
PACKAGING.
The
funcAonal
and
communicaAon
characterisAcs
of
PACKAGING
require
conAnuous
innovaAon
of
materials,
DESIGN,
and
style.
PACKAGING
may
become
a
plarorm
for
product
life-‐
cycle
management
and
extend
it:
for
example,
a
repurchased
product
could
be
refilled
into
the
same
container,
a
modular
structure
of
PACKAGING
could
moAvate
repurchase
of
the
same
product,
and
so
on.
PACKAGING
is
a
strong
communicaAon
medium,
o[en
even
without
words:
through
materials,
colors,
and
forms,
it
announces
consumer
products,
creates
suspense,
gives
emoAons,
and
communicates
the
brand.
With
regard
to
services,
PACKAGING
carries
out
a
relaAonal
rule
as
well:
service
tangible
elements
reduce
perceived
risk
and
increase
customer
saAsfacAon,
trust,
and
consequently
customer
loyalty.
For
industrial
products,
PACKAGING
is
a
relaAvely
new
area
both
for
compeAAon
and
for
the
customer:
someAmes
it
becomes
a
new
company
PRODUCT,
simplifies
communicaAon
about
industrial
components
to
the
final
market,
and
introduces
design
elements
to
industry,
technology,
and
producAon.
Companies
that
produce
packaging
treat
it
as
a
PRODUCT
element.
21
02.02
PACKAGING | Pk
10. TRANSACTIONAL MM ELEMENTS
The
products
of
companies
such
as
Alessi,
Artemide,
Cappellini,
or
Ferrari
have
changed
business
rules
within
their
sectors,
not
just
because
of
their
parAcular
quality
and
performance
but
also
in
great
measure
because
of
their
unique,
incomparable
DESIGN.
DESIGN
is
an
excellent
markeAng
element:
it
could
be
raAonal
and
funcAonal,
enhancing
product
quality,
usability,
and
ergonomics;
it
may
arouse
an
infinite
variaAon
of
sensorial
experience
and
strengthen
the
estheAc
value
of
objects;
it
has
its
relaAonal
meaning
extended
to
fashion
and
lifestyle.
EmoAonal
(visceral1)
DESIGN
is
a
strong
transacAonal
agent:
it
sAmulates
customer
aDenAon,
interest,
and
moAvaAon,
facilitates
the
interacAon
between
clients
and
a
company,
and
generates
new
communiAes
and
networks.
Ethical
DESIGN
gives
its
contribuAon
to
markeAng
sustainability
as
well:
new
“green”
materials
and
their
life-‐cycle
management,
more
and
innovaAve
uses
for
the
same
object,
products’
modular
structure
and
situaAonal
flexibility,
and
creaAve
integraAons
between
products
and
services
are
some
of
possible
applicaAons.
Similar
to
PACKAGING,
DESIGN
has
entered
into
business-‐to-‐business
sectors,
changing
industrial
product
lines
and
machines
(Caterpillar),
computer
chips
(Intel),
tools,
equipment
(Bosch),
and
the
appearance
of
buildings
and
offices
(IBM).
Concerning
services,
modern
architecture,
fashion,
and
DESIGN
are
strongly
used
for
all
customer
touch
points:
consumer
products’
retail
spaces,
banks,
hotels,
restaurants,
and
generally
all
tourism
infrastructures,
to
menAon
just
a
few
examples.
Many
strategically
important
services
are
developed
using
the
approach
of
strategic
design:
commercial
events
(product
launch,
fairs),
arAsAc
events
(concerts,
exhibiAons),
transport
(service
blueprinAng,
travel
service
package),
management
of
public
space
(parks,
libraries).
The
DESIGN
of
customer
experiences
has
subsAtuted
designed
PRODUCTS:
companies
don’t
sell
to
families
home
furniture
but
interior
design,
cooking
experience,
or
wellness;
a
shop’s
design
is
a
part
of
the
shopping
experience.
The
same
approach
applies
for
the
web:
creaAve
digital
graphic
design
is
required
everywhere,
from
simple
staAc
Internet
pages
to
interacAve
and
complex
websites.
From
the
methodological
point
of
view,
design
theory
and
tools
are
enormously
useful
for
strategic
MOLECULAR
MARKETING
methodology
and
pracAce
and
their
innovaAve
development
and
integraAon.
22
02.03
DESIGN | De
1. David
A.
Norman,
EmoAonal
Design:
Why
We
Love
(or
Hate)
Everyday
Things
(New
York:
Basic
Books,
2005),
Chapters
2
and
3.
The
products
of
companies
such
as
Alessi,
Artemide,
Cappellini,
or
Ferrari
have
changed
business
rules
within
their
sectors,
not
just
because
of
their
parAcular
quality
and
performance
but
also
in
great
measure
because
of
their
unique,
incomparable
DESIGN.
DESIGN
is
an
excellent
markeAng
element:
it
could
be
raAonal
and
funcAonal,
enhancing
product
quality,
usability,
and
ergonomics;
it
may
arouse
an
infinite
variaAon
of
sensorial
experience
and
strengthen
the
estheAc
value
of
objects;
it
has
its
relaAonal
meaning
extended
to
fashion
and
lifestyle.
EmoAonal
(visceral1)
DESIGN
is
a
strong
transacAonal
agent:
it
sAmulates
customer
aDenAon,
interest,
and
moAvaAon,
facilitates
the
interacAon
between
clients
and
a
company,
and
generates
new
communiAes
and
networks.
Ethical
DESIGN
gives
its
contribuAon
to
markeAng
sustainability
as
well:
new
“green”
materials
and
their
life-‐cycle
management,
more
and
innovaAve
uses
for
the
same
object,
products’
modular
structure
and
situaAonal
flexibility,
and
creaAve
integraAons
between
products
and
services
are
some
of
possible
applicaAons.
Similar
to
PACKAGING,
DESIGN
has
entered
into
business-‐to-‐business
sectors,
changing
industrial
product
lines
and
machines
(Caterpillar),
computer
chips
(Intel),
tools,
equipment
(Bosch),
and
the
appearance
of
buildings
and
offices
(IBM).
Concerning
services,
modern
architecture,
fashion,
and
DESIGN
are
strongly
used
for
all
customer
touch
points:
consumer
products’
retail
spaces,
banks,
hotels,
restaurants,
and
generally
all
tourism
infrastructures,
to
menAon
just
a
few
examples.
Many
strategically
important
services
are
developed
using
the
approach
of
strategic
design:
commercial
events
(product
launch,
fairs),
arAsAc
events
(concerts,
exhibiAons),
transport
(service
blueprinAng,
travel
service
package),
management
of
public
space
(parks,
libraries).
The
DESIGN
of
customer
experiences
has
subsAtuted
designed
PRODUCTS:
companies
don’t
sell
to
families
home
furniture
but
interior
design,
cooking
experience,
or
wellness;
a
shop’s
design
is
a
part
of
the
shopping
experience.
The
same
approach
applies
for
the
web:
creaAve
digital
graphic
design
is
required
everywhere,
from
simple
staAc
Internet
pages
to
interacAve
and
complex
websites.
From
the
methodological
point
of
view,
design
theory
and
tools
are
enormously
useful
for
strategic
MOLECULAR
MARKETING
methodology
and
pracAce
and
their
innovaAve
development
and
integraAon.
22
02.03
DESIGN | De
1. David
A.
Norman,
EmoAonal
Design:
Why
We
Love
(or
Hate)
Everyday
Things
(New
York:
Basic
Books,
2005),
Chapters
2
and
3.
27
11. TRANSACTIONAL MM ELEMENTS
A
wider
understanding
considers
PROMOTION
as
one
of
the
four
tradiAonal
markeAng-‐mix
elements
(PRODUCT,
PRICE,
PROMOTION,
DISTRIBUTION).
In
this
interpretaAon,
all
kinds
of
communicaAon
acAviAes,
above-‐the-‐line
and
below-‐the-‐
line,
with
the
purpose
of
informing,
influencing,
or
persuading
a
potenAal
buyer’s
purchasing
decision
are
taken
into
account:
adverAsing,
sales
promoAons,
direct
selling,
and
public
relaAons,
as
well
as
their
evoluAonary
derivaAves
and
combinaAon.
A
narrow
understanding
of
PROMOTION
focuses
only
on
“sales
promoAon,”
in
other
words,
on
the
direct
and
indirect
short-‐term
(transacAonal)
markeAng
communicaAon
carried
out
through
different
media
and
communicaAon
channels.
This
type
of
communicaAon,
as
a
rule
concise
and
limited
in
Ame,
is
employed
with
the
goal
of
increasing
market
share
and
sAmulaAng
consumer
demand
for
the
same
or
different
products
(up-‐selling,
co-‐markeAng,
cross-‐selling).
Sales
promoAon
may
be
used
before
a
product
launch
and
during
its
commercial
development,
but
this
is
a
markeAng
element
applied
frequently
especially
in
a
phase
when
a
product
has
reached
maturity
or
is
experiencing
commercial
decline,
and
it
is
combined
with
pricing
policies
and
selling
techniques
(contest,
rebates,
gi[s,
free
products).
In
MM
ELEMENT
segmentaAon,
the
narrower
interpretaAon
of
PROMOTION
is
considered;
ADVERTISING
and
other
prevalent
relaAonal
promoAonal
elements
will
be
treated
separately.
Sales
PROMOTIONS,
along
with
a
longer
communicaAon
and
distribuAon
channel,
are
developed
both
toward
direct
business
clients
(discounts
for
wholesalers,
traders,
and
retailers)
and
final
customers
(gi[s,
consumer
product
discounts).
The
first
approach
is
known
as
the
“push”
strategy,
the
second
one
as
the
“pull”
strategy.
Their
appropriate
Aming
and
mix
could
become
a
powerful
MM
ELEMENT.
Sales
PROMOTIONS
are
characterisAc
of
mature,
compeAAve
markets.
Their
deployment
is
actually
on
the
edge
of
MM
DECALOGUE
principles:
they
generate
just
short-‐term
value
for
companies,
and—aside
from
lower
tacAcal
compeAAve
prices—they
rarely
create
real
added
value
for
customers.
Their
commercial
ideas
can
someAmes
be
very
creaAve,
but,
if
not
mixed
with
an
innovaAve
product,
it
is
not
the
kind
of
innovaAon
we
are
interested
in
and
yearn
to
manage.
23
02.04
PROMOTION | Pm
A
wider
understanding
considers
PROMOTION
as
one
of
the
four
tradiAonal
markeAng-‐mix
elements
(PRODUCT,
PRICE,
PROMOTION,
DISTRIBUTION).
In
this
interpretaAon,
all
kinds
of
communicaAon
acAviAes,
above-‐the-‐line
and
below-‐the-‐
line,
with
the
purpose
of
informing,
influencing,
or
persuading
a
potenAal
buyer’s
purchasing
decision
are
taken
into
account:
adverAsing,
sales
promoAons,
direct
selling,
and
public
relaAons,
as
well
as
their
evoluAonary
derivaAves
and
combinaAon.
A
narrow
understanding
of
PROMOTION
focuses
only
on
“sales
promoAon,”
in
other
words,
on
the
direct
and
indirect
short-‐term
(transacAonal)
markeAng
communicaAon
carried
out
through
different
media
and
communicaAon
channels.
This
type
of
communicaAon,
as
a
rule
concise
and
limited
in
Ame,
is
employed
with
the
goal
of
increasing
market
share
and
sAmulaAng
consumer
demand
for
the
same
or
different
products
(up-‐selling,
co-‐markeAng,
cross-‐selling).
Sales
promoAon
may
be
used
before
a
product
launch
and
during
its
commercial
development,
but
this
is
a
markeAng
element
applied
frequently
especially
in
a
phase
when
a
product
has
reached
maturity
or
is
experiencing
commercial
decline,
and
it
is
combined
with
pricing
policies
and
selling
techniques
(contest,
rebates,
gi[s,
free
products).
In
MM
ELEMENT
segmentaAon,
the
narrower
interpretaAon
of
PROMOTION
is
considered;
ADVERTISING
and
other
prevalent
relaAonal
promoAonal
elements
will
be
treated
separately.
Sales
PROMOTIONS,
along
with
a
longer
communicaAon
and
distribuAon
channel,
are
developed
both
toward
direct
business
clients
(discounts
for
wholesalers,
traders,
and
retailers)
and
final
customers
(gi[s,
consumer
product
discounts).
The
first
approach
is
known
as
the
“push”
strategy,
the
second
one
as
the
“pull”
strategy.
Their
appropriate
Aming
and
mix
could
become
a
powerful
MM
ELEMENT.
Sales
PROMOTIONS
are
characterisAc
of
mature,
compeAAve
markets.
Their
deployment
is
actually
on
the
edge
of
MM
DECALOGUE
principles:
they
generate
just
short-‐term
value
for
companies,
and—aside
from
lower
tacAcal
compeAAve
prices—they
rarely
create
real
added
value
for
customers.
Their
commercial
ideas
can
someAmes
be
very
creaAve,
but,
if
not
mixed
with
an
innovaAve
product,
it
is
not
the
kind
of
innovaAon
we
are
interested
in
and
yearn
to
manage.
23
02.04
PROMOTION | Pm
28
12. TRANSACTIONAL MM ELEMENTS
TradiAonal
ADVERTISING
is
a
symbol
of
transacAonal
markeAng:
pushy,
non-‐
interacAve,
one-‐to-‐many,
and
therefore
impersonal.
Its
basic
format
is
very
simple:
the
message,
following
a
precise
idea
(a
unique
selling
proposiAon),
is
transmiDed
by
the
company
toward
target
markets
through
a
specific
medium
able
to
codify,
send,
and
decode
the
original
communicaAon
into
a
comprehensive
and
aDracAve
form/format
for
customers.
The
message
has
to
be
developed
in
accordance
with
a
business/brand/commercial
strategy
and
sAmulate
(like
all
promoAonal
elements)
customers’
aDenAon,
desire,
and
acAon
toward
brands,
products,
or
other
elements
of
the
offering.
The
essenAal
part
of
a
successful
adverAsing
campaign
is
a
correct
choice
of
the
communicaAon
medium
and
their
creaAve
usage
for
even
more
creaAve
message
elaboraAon.
The
standard
adverAsing
communicaAon
channels
are
TV,
radio,
newspapers
and
other
periodical
publicaAons,
and
cinema.
ADVERTISING
has
some
specific
strengths
and
weaknesses
related
to
each
kind
of
channel
(quality
of
transmission,
visual
impact,
duraAon,
potenAal
share
of
voice,
frequency
of
hits,
costs,
flexibility,
and
so
on),
but
generally
all
tradiAonal
media
are
relaAvely
slow
and
staAc
compared
with
new
social
media.
Their
commercial
importance
is
sAll
high
for
some
markeAng
situaAons
in
the
mass
consumer
markets
(launching
a
new
product
or
developing
a
new
market),
for
brand
management
(brand
awareness,
reputaAon
management,
reposiAoning),
and
for
parAcular
business-‐to-‐business
companies’
pull
communicaAon
strategies
(for
example
Intel
or
Bosch).
There
are
different
new
forms
of
ADVERTISING
in
the
market,
in
terms
of
hardware
supports,
the
level
of
interacAon
with
customers,
formats,
and
content.
An
online
adverAsing
campaign
keeps
the
main
basic
features
of
this
tradiAonal
element,
but
in
addiAon
it
may
become
interacAve
(banners
or
interacAve
TV);
instead
of
a
“pushy”
strategy,
it
is
proposed
as
on-‐demand
communicaAon;
fi[een-‐to-‐twenty-‐
second
spots
are
subsAtuted
with
three-‐to-‐five-‐minute
(even
more)
video-‐films
(YouTube),
or,
on
the
contrary,
with
five
to
six
words
(TwiDer);
simple
informaAon
has
evolved
into
brand/product
stories
(TV
serials
or
video
games
with
product
placement
and
storytelling).
Generally
speaking,
ADVERTISING
is
frequently
used
in
combinaAon
with
collaboraAve
and
relaAonal
media
and
MM
ELEMENTS,
with
the
aim
of
supporAng
and
communicaAng
them.
The
central
posiAon
of
ADVERTISING
within
the
communicaAon
mix
has
been
vanishing.
24
02.05
ADVERTISING | Ad
TradiAonal
ADVERTISING
is
a
symbol
of
transacAonal
markeAng:
pushy,
non-‐
interacAve,
one-‐to-‐many,
and
therefore
impersonal.
Its
basic
format
is
very
simple:
the
message,
following
a
precise
idea
(a
unique
selling
proposiAon),
is
transmiDed
by
the
company
toward
target
markets
through
a
specific
medium
able
to
codify,
send,
and
decode
the
original
communicaAon
into
a
comprehensive
and
aDracAve
form/format
for
customers.
The
message
has
to
be
developed
in
accordance
with
a
business/brand/commercial
strategy
and
sAmulate
(like
all
promoAonal
elements)
customers’
aDenAon,
desire,
and
acAon
toward
brands,
products,
or
other
elements
of
the
offering.
The
essenAal
part
of
a
successful
adverAsing
campaign
is
a
correct
choice
of
the
communicaAon
medium
and
their
creaAve
usage
for
even
more
creaAve
message
elaboraAon.
The
standard
adverAsing
communicaAon
channels
are
TV,
radio,
newspapers
and
other
periodical
publicaAons,
and
cinema.
ADVERTISING
has
some
specific
strengths
and
weaknesses
related
to
each
kind
of
channel
(quality
of
transmission,
visual
impact,
duraAon,
potenAal
share
of
voice,
frequency
of
hits,
costs,
flexibility,
and
so
on),
but
generally
all
tradiAonal
media
are
relaAvely
slow
and
staAc
compared
with
new
social
media.
Their
commercial
importance
is
sAll
high
for
some
markeAng
situaAons
in
the
mass
consumer
markets
(launching
a
new
product
or
developing
a
new
market),
for
brand
management
(brand
awareness,
reputaAon
management,
reposiAoning),
and
for
parAcular
business-‐to-‐business
companies’
pull
communicaAon
strategies
(for
example
Intel
or
Bosch).
There
are
different
new
forms
of
ADVERTISING
in
the
market,
in
terms
of
hardware
supports,
the
level
of
interacAon
with
customers,
formats,
and
content.
An
online
adverAsing
campaign
keeps
the
main
basic
features
of
this
tradiAonal
element,
but
in
addiAon
it
may
become
interacAve
(banners
or
interacAve
TV);
instead
of
a
“pushy”
strategy,
it
is
proposed
as
on-‐demand
communicaAon;
fi[een-‐to-‐twenty-‐
second
spots
are
subsAtuted
with
three-‐to-‐five-‐minute
(even
more)
video-‐films
(YouTube),
or,
on
the
contrary,
with
five
to
six
words
(TwiDer);
simple
informaAon
has
evolved
into
brand/product
stories
(TV
serials
or
video
games
with
product
placement
and
storytelling).
Generally
speaking,
ADVERTISING
is
frequently
used
in
combinaAon
with
collaboraAve
and
relaAonal
media
and
MM
ELEMENTS,
with
the
aim
of
supporAng
and
communicaAng
them.
The
central
posiAon
of
ADVERTISING
within
the
communicaAon
mix
has
been
vanishing.
24
02.05
ADVERTISING | Ad
29
14. RELATIONAL MM ELEMENTS
38
CHAPTER
3
RELATIONAL MOLECULAR MARKETING ELEMENTS
The
objecAve
of
relaAonal
markeAng
is
to
acquire,
keep,
and
develop
relaAon-‐
ships
with
customers
and
other
stakeholders.
Consequently,
all
business
transac-‐
Aons
and
products’
life
cycles
have
to
be
managed
within
a
customer-‐
relaAonship
life
cycle,
as
a
parAcular
event
and
business
opportunity.
There
is
an
another
important
“technical”
difference
between
transacAonal
and
rela-‐
Aonal
markeAng:
transacAons,
relaAvely
short-‐term-‐oriented,
are
based
on
a
strong
iniAal
offering
and
product
quality;
relaAonships
and
their
exploitaAon
need
long-‐term
horizons
and,
if
correctly
managed,
are
stronger
and
deeper
a[er
some
Ame
and
not
immediately
at
the
beginning
of
the
interacAon
with
a
customer.
From
the
methodological
perspecAve,
the
product
life-‐cycle
manage-‐
ment
evolves
through
offerings’
differenAaAon
and
diversificaAon;
the
cus-‐
tomer
life-‐cycle
management
is
based
on
the
integraAon
and
synthesis
of
so-‐
cial,
moAvaAonal,
ethical,
and
other
relaAonal
aspects.
RELATIONSHIP
as
a
specific
MM
ELEMENT
will
be
presented
at
the
end
of
this
chapter,
through
its
so[
characterisAcs
and
as
a
result
of
the
complementary
integraAon
of
the
other
relaAonal
MM
ELEMENTS.
As
regards
their
choice,
the
selecAon
focuses
on
three
funcAonal
groups:
1. In
the
first
group
are
relaAonal
products
that
are
usually
a
core
part
of
the
business
offering.
Among
them,
the
most
important
are:
SERVICE,
EXPERI-‐
ENCE,
INFORMATION,
KNOWLEDGE,
and
BRAND.
2. To
the
second
group
belong
those
MM
ELEMENTS
that
proacAvely
enable
customer
interacAon
and
insight
(customer
learning
relaAonship),
creaAng
appropriate
condiAons
for
customer
saAsfacAon
and
loyalty
management.
They
are
based
on
the
direct
and
repeated,
personal
or
impersonal
interac-‐
Aon
with
customers:
SALES
processes
and
CUSTOMER
CARE.
3. In
the
third
group,
two
specific
and
transversal
MM
ELEMENTS
of
the
cus-‐
tomer
relaAonship
management
(CRM)
are
introduced:
PEOPLE
within
the
element’s
three
dimensions,
frontline
people,
back-‐line
personnel,
and
customers;
and
TECHNOLOGY,
especially
informaAon
and
communicaAon
technology
(ICT),
as
well
as
innovaAve
consumer
and
business
products
that
permit
the
tracking
and
understanding
of
customer
behavior
and
az-‐
tudes.
CHAPTER
3
RELATIONAL MOLECULAR MARKETING ELEMENTS
The
objecAve
of
relaAonal
markeAng
is
to
acquire,
keep,
and
develop
relaAon-‐
ships
with
customers
and
other
stakeholders.
Consequently,
all
business
transac-‐
Aons
and
products’
life
cycles
have
to
be
managed
within
a
customer-‐
relaAonship
life
cycle,
as
a
parAcular
event
and
business
opportunity.
There
is
an
another
important
“technical”
difference
between
transacAonal
and
rela-‐
Aonal
markeAng:
transacAons,
relaAvely
short-‐term-‐oriented,
are
based
on
a
strong
iniAal
offering
and
product
quality;
relaAonships
and
their
exploitaAon
need
long-‐term
horizons
and,
if
correctly
managed,
are
stronger
and
deeper
a[er
some
Ame
and
not
immediately
at
the
beginning
of
the
interacAon
with
a
customer.
From
the
methodological
perspecAve,
the
product
life-‐cycle
manage-‐
ment
evolves
through
offerings’
differenAaAon
and
diversificaAon;
the
cus-‐
tomer
life-‐cycle
management
is
based
on
the
integraAon
and
synthesis
of
so-‐
cial,
moAvaAonal,
ethical,
and
other
relaAonal
aspects.
RELATIONSHIP
as
a
specific
MM
ELEMENT
will
be
presented
at
the
end
of
this
chapter,
through
its
so[
characterisAcs
and
as
a
result
of
the
complementary
integraAon
of
the
other
relaAonal
MM
ELEMENTS.
As
regards
their
choice,
the
selecAon
focuses
on
three
funcAonal
groups:
1. In
the
first
group
are
relaAonal
products
that
are
usually
a
core
part
of
the
business
offering.
Among
them,
the
most
important
are:
SERVICE,
EXPERI-‐
ENCE,
INFORMATION,
KNOWLEDGE,
and
BRAND.
2. To
the
second
group
belong
those
MM
ELEMENTS
that
proacAvely
enable
customer
interacAon
and
insight
(customer
learning
relaAonship),
creaAng
appropriate
condiAons
for
customer
saAsfacAon
and
loyalty
management.
They
are
based
on
the
direct
and
repeated,
personal
or
impersonal
interac-‐
Aon
with
customers:
SALES
processes
and
CUSTOMER
CARE.
3. In
the
third
group,
two
specific
and
transversal
MM
ELEMENTS
of
the
cus-‐
tomer
relaAonship
management
(CRM)
are
introduced:
PEOPLE
within
the
element’s
three
dimensions,
frontline
people,
back-‐line
personnel,
and
customers;
and
TECHNOLOGY,
especially
informaAon
and
communicaAon
technology
(ICT),
as
well
as
innovaAve
consumer
and
business
products
that
permit
the
tracking
and
understanding
of
customer
behavior
and
az-‐
tudes.
CHAPTER
3
RELATIONAL MOLECULAR MARKETING ELEMENTS
The
objecAve
of
relaAonal
markeAng
is
to
acquire,
keep,
and
develop
relaAon-‐
ships
with
customers
and
other
stakeholders.
Consequently,
all
business
transac-‐
Aons
and
products’
life
cycles
have
to
be
managed
within
a
customer-‐
relaAonship
life
cycle,
as
a
parAcular
event
and
business
opportunity.
There
is
an
another
important
“technical”
difference
between
transacAonal
and
rela-‐
Aonal
markeAng:
transacAons,
relaAvely
short-‐term-‐oriented,
are
based
on
a
strong
iniAal
offering
and
product
quality;
relaAonships
and
their
exploitaAon
need
long-‐term
horizons
and,
if
correctly
managed,
are
stronger
and
deeper
a[er
some
Ame
and
not
immediately
at
the
beginning
of
the
interacAon
with
a
customer.
From
the
methodological
perspecAve,
the
product
life-‐cycle
manage-‐
ment
evolves
through
offerings’
differenAaAon
and
diversificaAon;
the
cus-‐
tomer
life-‐cycle
management
is
based
on
the
integraAon
and
synthesis
of
so-‐
cial,
moAvaAonal,
ethical,
and
other
relaAonal
aspects.
RELATIONSHIP
as
a
specific
MM
ELEMENT
will
be
presented
at
the
end
of
this
chapter,
through
its
so[
characterisAcs
and
as
a
result
of
the
complementary
integraAon
of
the
other
relaAonal
MM
ELEMENTS.
As
regards
their
choice,
the
selecAon
focuses
on
three
funcAonal
groups:
1. In
the
first
group
are
relaAonal
products
that
are
usually
a
core
part
of
the
business
offering.
Among
them,
the
most
important
are:
SERVICE,
EXPERI-‐
ENCE,
INFORMATION,
KNOWLEDGE,
and
BRAND.
2. To
the
second
group
belong
those
MM
ELEMENTS
that
proacAvely
enable
customer
interacAon
and
insight
(customer
learning
relaAonship),
creaAng
appropriate
condiAons
for
customer
saAsfacAon
and
loyalty
management.
They
are
based
on
the
direct
and
repeated,
personal
or
impersonal
interac-‐
Aon
with
customers:
SALES
processes
and
CUSTOMER
CARE.
3. In
the
third
group,
two
specific
and
transversal
MM
ELEMENTS
of
the
cus-‐
tomer
relaAonship
management
(CRM)
are
introduced:
PEOPLE
within
the
element’s
three
dimensions,
frontline
people,
back-‐line
personnel,
and
customers;
and
TECHNOLOGY,
especially
informaAon
and
communicaAon
technology
(ICT),
as
well
as
innovaAve
consumer
and
business
products
that
permit
the
tracking
and
understanding
of
customer
behavior
and
az-‐
tudes.
CHAPTER
3
RELATIONAL MOLECULAR MARKETING ELEMENTS
The
objecAve
of
relaAonal
markeAng
is
to
acquire,
keep,
and
develop
relaAon-‐
ships
with
customers
and
other
stakeholders.
Consequently,
all
business
transac-‐
Aons
and
products’
life
cycles
have
to
be
managed
within
a
customer-‐
relaAonship
life
cycle,
as
a
parAcular
event
and
business
opportunity.
There
is
an
another
important
“technical”
difference
between
transacAonal
and
rela-‐
Aonal
markeAng:
transacAons,
relaAvely
short-‐term-‐oriented,
are
based
on
a
strong
iniAal
offering
and
product
quality;
relaAonships
and
their
exploitaAon
need
long-‐term
horizons
and,
if
correctly
managed,
are
stronger
and
deeper
a[er
some
Ame
and
not
immediately
at
the
beginning
of
the
interacAon
with
a
customer.
From
the
methodological
perspecAve,
the
product
life-‐cycle
manage-‐
ment
evolves
through
offerings’
differenAaAon
and
diversificaAon;
the
cus-‐
tomer
life-‐cycle
management
is
based
on
the
integraAon
and
synthesis
of
so-‐
cial,
moAvaAonal,
ethical,
and
other
relaAonal
aspects.
RELATIONSHIP
as
a
specific
MM
ELEMENT
will
be
presented
at
the
end
of
this
chapter,
through
its
so[
characterisAcs
and
as
a
result
of
the
complementary
integraAon
of
the
other
relaAonal
MM
ELEMENTS.
As
regards
their
choice,
the
selecAon
focuses
on
three
funcAonal
groups:
1. In
the
first
group
are
relaAonal
products
that
are
usually
a
core
part
of
the
business
offering.
Among
them,
the
most
important
are:
SERVICE,
EXPERI-‐
ENCE,
INFORMATION,
KNOWLEDGE,
and
BRAND.
2. To
the
second
group
belong
those
MM
ELEMENTS
that
proacAvely
enable
customer
interacAon
and
insight
(customer
learning
relaAonship),
creaAng
appropriate
condiAons
for
customer
saAsfacAon
and
loyalty
management.
They
are
based
on
the
direct
and
repeated,
personal
or
impersonal
interac-‐
Aon
with
customers:
SALES
processes
and
CUSTOMER
CARE.
3. In
the
third
group,
two
specific
and
transversal
MM
ELEMENTS
of
the
cus-‐
tomer
relaAonship
management
(CRM)
are
introduced:
PEOPLE
within
the
element’s
three
dimensions,
frontline
people,
back-‐line
personnel,
and
customers;
and
TECHNOLOGY,
especially
informaAon
and
communicaAon
technology
(ICT),
as
well
as
innovaAve
consumer
and
business
products
that
permit
the
tracking
and
understanding
of
customer
behavior
and
az-‐
tudes.