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Under Armour Protects Its House
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Marketing & promotional process modal:
Here we take closer look at how marketing
  strategies influence the role of promotion &
  how promotional decisions must be
  coordinate with other areas of marketing mix.
Elements of marketing Mix: Consistent in
  strategic plan
Marketing and Promotions Process Model
                                                .
Opportunity       Identifying    Product                                 Promotion
Analysis          Markets        Decisions                               to Final
   .                                                Promotional
                                                                         Buyer

                                                    Decisions
Competitive                      Pricing
Analysis                         Decisions          • Advertising
                 Market                             • Direct             Promotion
                 Segmentation                         Marketing          To Trade     Ultimate
                                                                                      Consumer
                                                    • Interactive
Target                           Distribution         Marketing                       • Consumers
Marketing                        Decisions          • Sales                           • Businesses
                                                      Promotion
                 Selecting a                        • Publicity and
                 Target Market                        Public Relations
                                                    • Personal Selling



                  Positioning
                  Through
                  Marketing
                  Strategies
                                                                          Resellers
Marketing to a Lifestyle
                           .
.
Marketing Strategy & analysis:
Making marketing strategy much sharp,
 company has to analyze following situation

• Opportunity Analysis
• Competitive Analysis
• Target Market selection
Opportunity Analysis:
It required careful opportunity analysis, which may
   lead the new opportunities. Company can
   identify opportunity by following way
• Carefully examine the marketplace
• Understand demand trend
• Competition in different market segment
Like: Demand of PC may be vary in different market
   segment
.
. Like: Demand of PC may be vary in different
    market segment
  Education Sector: advt based on educated
    people
  Home use: Advt based on Ladies & Children
  Science: Advt based on Engineers & Scientist
  Business market: Advt based on Company’s or
    CEO
Opportunity Analysis
Company also look the nature of competition
Like: Most of the luxury-car segment (Lexus,
  BMW, Porsche, Mercedes) now have entered
  in SUVs market.
Also most of luxury car segment shift to small
  car market. Like Nissan-Micra
Marketing to a Lifestyle
                           .
.
.
.
Competitive Analysis:
Here manager must carefully analyze the competition to faced
   in the marketplace. This may lead the direct competition
   apart from brand competition.
Like:
Brand competition:
pepsi vs Coke,
Maruti vs Hyundai
Bajaj vs hero Honda
Direct competition:
Coke/diet coke/more vs Pepsi/Diet pepsi/pepsi blue etc
Due to this the target audience are different & segment of
   advt may affect & company has to choose the specific
   media.
.
.
Marketing to a Lifestyle
               .
.
Target Market selection:
After being analyzed in competitive &
  opportunity point of view now it is the time to
  choose the market by selecting one & prepare
  the advertisement according to that particular
  product.
Like: Honda launched Karizma to counter Pulsar
  of Bajaj
The Target Marketing Process
                          .
    Identify markets with unfulfilled needs
.

    Determine market segmentation


    Select market to target


    Position through marketing strategies
A Product for Every Segment
                         .
.
Beer is Beer? Not Really!
                           .
.




    Popular   Imports   Specialties   Premium   Light
Identify Market with unfulfilled needs:
Company do following things
• Identify the specific needs of the group of the
  people,
• Select one or more of these segment
• Develop      marketing     &     advertisement
  programme.
There are following segmentation process

 Finding ways to group consumers according
  to their needs
 Finding ways to group the marketing actions
 Developing market-product grid
 Selecting the target segments
 Taking market action
Selecting a market to target:
On the basis of segmentation three markets are
  available
• Undifferentiated market: In this segment
  company ignore segment difference & just
  offer one product to the entire market
Like: Pepsi offered one cold drink for long time
Differentiated Marketing: Here company
  involves marketing in number of segments,
  developing different marketing strategy for
  each.
Like:
Maruti::800:Alto:Esteem:SX4:Baleno
Action Shoe:: Sports: Adventure: Children: Adult
Concentrated Market: Here firm select one
  segment & attempts to capture all share of
  this market.
Like: Barista Coffee,
Positioning through marketing Strategies: It is
  the art & science of fitting the product or
  service to one or more segments of the broad
  market in such a way so it set meaningfully
  apart from competition.

Like: Mercedes, Armani

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Chap 2,role of imc in marketing process

  • 1. .. . .. .
  • 2. Under Armour Protects Its House . .
  • 3. . .
  • 4. Marketing & promotional process modal: Here we take closer look at how marketing strategies influence the role of promotion & how promotional decisions must be coordinate with other areas of marketing mix. Elements of marketing Mix: Consistent in strategic plan
  • 5. Marketing and Promotions Process Model . Opportunity Identifying Product Promotion Analysis Markets Decisions to Final . Promotional Buyer Decisions Competitive Pricing Analysis Decisions • Advertising Market • Direct Promotion Segmentation Marketing To Trade Ultimate Consumer • Interactive Target Distribution Marketing • Consumers Marketing Decisions • Sales • Businesses Promotion Selecting a • Publicity and Target Market Public Relations • Personal Selling Positioning Through Marketing Strategies Resellers
  • 6. Marketing to a Lifestyle . .
  • 7. Marketing Strategy & analysis: Making marketing strategy much sharp, company has to analyze following situation • Opportunity Analysis • Competitive Analysis • Target Market selection
  • 8. Opportunity Analysis: It required careful opportunity analysis, which may lead the new opportunities. Company can identify opportunity by following way • Carefully examine the marketplace • Understand demand trend • Competition in different market segment Like: Demand of PC may be vary in different market segment
  • 9. . . Like: Demand of PC may be vary in different market segment Education Sector: advt based on educated people Home use: Advt based on Ladies & Children Science: Advt based on Engineers & Scientist Business market: Advt based on Company’s or CEO
  • 10. Opportunity Analysis Company also look the nature of competition Like: Most of the luxury-car segment (Lexus, BMW, Porsche, Mercedes) now have entered in SUVs market. Also most of luxury car segment shift to small car market. Like Nissan-Micra
  • 11. Marketing to a Lifestyle . .
  • 12. . .
  • 13. Competitive Analysis: Here manager must carefully analyze the competition to faced in the marketplace. This may lead the direct competition apart from brand competition. Like: Brand competition: pepsi vs Coke, Maruti vs Hyundai Bajaj vs hero Honda Direct competition: Coke/diet coke/more vs Pepsi/Diet pepsi/pepsi blue etc Due to this the target audience are different & segment of advt may affect & company has to choose the specific media.
  • 14. . .
  • 15. Marketing to a Lifestyle . .
  • 16. Target Market selection: After being analyzed in competitive & opportunity point of view now it is the time to choose the market by selecting one & prepare the advertisement according to that particular product. Like: Honda launched Karizma to counter Pulsar of Bajaj
  • 17.
  • 18. The Target Marketing Process . Identify markets with unfulfilled needs . Determine market segmentation Select market to target Position through marketing strategies
  • 19. A Product for Every Segment . .
  • 20. Beer is Beer? Not Really! . . Popular Imports Specialties Premium Light
  • 21. Identify Market with unfulfilled needs: Company do following things • Identify the specific needs of the group of the people, • Select one or more of these segment • Develop marketing & advertisement programme.
  • 22. There are following segmentation process  Finding ways to group consumers according to their needs  Finding ways to group the marketing actions  Developing market-product grid  Selecting the target segments  Taking market action
  • 23.
  • 24. Selecting a market to target: On the basis of segmentation three markets are available • Undifferentiated market: In this segment company ignore segment difference & just offer one product to the entire market Like: Pepsi offered one cold drink for long time
  • 25.
  • 26. Differentiated Marketing: Here company involves marketing in number of segments, developing different marketing strategy for each. Like: Maruti::800:Alto:Esteem:SX4:Baleno Action Shoe:: Sports: Adventure: Children: Adult
  • 27. Concentrated Market: Here firm select one segment & attempts to capture all share of this market. Like: Barista Coffee,
  • 28. Positioning through marketing Strategies: It is the art & science of fitting the product or service to one or more segments of the broad market in such a way so it set meaningfully apart from competition. Like: Mercedes, Armani