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Defining Marketing in the 21st Century DENNIS A. CARAAN, MD ‘Rock-ER Physician’ April 2010
OUTLINE ,[object Object]
 10 marketing concepts from Chapter 1
Kotler’s examples
 Local examples
 RP medical applications
 Summary and conclusion ,[object Object]
Concept 1: Physical goods are marketed“the bulk of most countries’ production and marketing effort”   Kotler’s example:  food products, cars, tv sets Local application: food products, cars, tv sets RP medical application:   medicines, supplements, medical instruments
Concept 2:  Events are marketed“promoted aggressively to both companies and fans” Kotler’s example:  Olympics and World Cup  Local application:  UAAP, NCAA, Iron Man RP medical application:   Angels Walk for Autism, Special Olympics, Alzheimer’s  Memory Walk
Concept 3:  Experiences are marketed   “orchestrating several goods and services” Kotler’s example:  Disney World’s Magic Kingdom, Hard Rock Cafe’, Mount Everest Local application:  Enchanted Kingdom, MILO summer camp RP medical application: Philippine medical tourism like  Metropolitan Medical Center and Evercrest Golf Club and Resort in Nasugbu, Batangas
Concept 4:  Persons are marketed      “celebrity marketing is a major business” Kotler’s example:  Madonna, Oprah Winfrey, Rolling Stones Local application:  PioloPascual, Sharon Cuneta, Sarah Geronimo RP medical application:  Dr. Manny Calayan, Dr. Joel Mendes, Dr. Nonoy Zuniga, Dr. Juan Flavier
Concept 5:  Organizations are marketed               “build image/corporate identity” Kotler’s example:  Philips’ “let’s make things better” Local application:  SM’s “we’ve got it all for you” RP medical application: Asian Hospital’s “medical excellence, compassionate care, innovative healthcare, hotel-like ambiance” and The Medical City’s “where patients are partners”
Concept 6:  Information can be marketed as a product  “one of society’s major industries” Kotler’s example:  schools, books, magazines Local application:  schools, books, magazines RP medical application:  information from the internet, medical schools and training centers, medical research, lectures and conventions
Concept 7:  Target markets’ needs, wants and demands “not only how many want their product but also how many are willing and able to buy it”  Kotler’s example:  Mercedes Benz, Nokia, Ericsson, Dell   Local application:   Greenwich, Jag, Phinma Properties  RP medical application:  health center consultations, generic drugs, MDRP drugs, medical missions
Concept 8: Target market, positioning, and segmentation  “a marketer rarely satisfies everyone in a market” Kotler’s example:  Volvo Local application:  SM Hypermarket, Shopwise RP medical application:  one stop-shop medical centers

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Defining marketing in the 21st century

  • 1. Defining Marketing in the 21st Century DENNIS A. CARAAN, MD ‘Rock-ER Physician’ April 2010
  • 2.
  • 3.
  • 4. 10 marketing concepts from Chapter 1
  • 7. RP medical applications
  • 8.
  • 9. Concept 1: Physical goods are marketed“the bulk of most countries’ production and marketing effort” Kotler’s example: food products, cars, tv sets Local application: food products, cars, tv sets RP medical application: medicines, supplements, medical instruments
  • 10. Concept 2: Events are marketed“promoted aggressively to both companies and fans” Kotler’s example: Olympics and World Cup Local application: UAAP, NCAA, Iron Man RP medical application: Angels Walk for Autism, Special Olympics, Alzheimer’s Memory Walk
  • 11. Concept 3: Experiences are marketed “orchestrating several goods and services” Kotler’s example: Disney World’s Magic Kingdom, Hard Rock Cafe’, Mount Everest Local application: Enchanted Kingdom, MILO summer camp RP medical application: Philippine medical tourism like Metropolitan Medical Center and Evercrest Golf Club and Resort in Nasugbu, Batangas
  • 12. Concept 4: Persons are marketed “celebrity marketing is a major business” Kotler’s example: Madonna, Oprah Winfrey, Rolling Stones Local application: PioloPascual, Sharon Cuneta, Sarah Geronimo RP medical application: Dr. Manny Calayan, Dr. Joel Mendes, Dr. Nonoy Zuniga, Dr. Juan Flavier
  • 13.
  • 14. Concept 5: Organizations are marketed “build image/corporate identity” Kotler’s example: Philips’ “let’s make things better” Local application: SM’s “we’ve got it all for you” RP medical application: Asian Hospital’s “medical excellence, compassionate care, innovative healthcare, hotel-like ambiance” and The Medical City’s “where patients are partners”
  • 15. Concept 6: Information can be marketed as a product “one of society’s major industries” Kotler’s example: schools, books, magazines Local application: schools, books, magazines RP medical application: information from the internet, medical schools and training centers, medical research, lectures and conventions
  • 16. Concept 7: Target markets’ needs, wants and demands “not only how many want their product but also how many are willing and able to buy it” Kotler’s example: Mercedes Benz, Nokia, Ericsson, Dell Local application: Greenwich, Jag, Phinma Properties RP medical application: health center consultations, generic drugs, MDRP drugs, medical missions
  • 17. Concept 8: Target market, positioning, and segmentation “a marketer rarely satisfies everyone in a market” Kotler’s example: Volvo Local application: SM Hypermarket, Shopwise RP medical application: one stop-shop medical centers
  • 18. Concept 9: Offerings and brands“brand strength – a strong, favorable and unique brand image” Kotler’s example: McDonald’s Local application: Jollibee, Chow King, San Miguel RP medical application: St. Luke’s Medical Center, Mercury Drug
  • 19. Concept 10: Competition “all the actual and potential rival offerings and substitutes that a buyer might consider Kotler’s example: U.S. Steel Local application: ABS-CBN and GMA RP medical application: Competition among hospitals, medical practitioners, pharmaceuticals, etc.
  • 21. Defining Marketing in the 21st Century DENNIS A. CARAAN, MD ‘Rock-ER Physician’ April 2010