Marketing Management
Lýsing:
The classic Marketing Management is an undisputed global best-seller – an encyclopedia of marketing considered by many as the authoritative book on the subject. This third European edition keeps the accessibility, theoretical rigour and managerial relevance – the heart of the book - and adds: · A structure designed specifically to fit the way the course is taught in Europe. · Fresh European examples which make students feel at home.
· The inclusion of the work of prominent European academics. · A focus on the digital challenges for marketers. · An emphasis on the importance of creative thinking and its contribution to marketing practice. · New in-depth case studies, each of which integrates one of the major parts in the book. This textbook covers admirably the wide range of concepts and issues and accurately reflects the fast-moving pace of marketing in the modern world, examining traditional aspects of marketing and blending them with modern and future concepts.
Annað
- Höfundar: Phil T. Kotler, Mairead Brady, Malcolm Goodman, Torben Hansen
- Útgáfa:4
- Útgáfudagur: 2019-07-12
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- Format:ePub
- ISBN 13: 9781292248462
- Print ISBN: 9781292248448
- ISBN 10: 1292248467
Efnisyfirlit
- Cover
- Title Page
- Copyright Page
- Brief contents
- Contents
- Preface
- Acknowledgements
- Publisher’s acknowledgements
- PART 1 Understanding Marketing Management
- Chapter 1 Defining marketing for the new realities
- The value of marketing
- The scope of marketing
- Marketing’s role in creating demand
- European marketing realities
- Technology
- Globalisation
- Social responsibility
- A dramatically changed marketplace
- New consumer capabilities
- New company capabilities
- Marketing philosophy: production, selling, marketing and holistic marketing philosophies
- The production philosophy
- The selling philosophy
- The marketing philosophy
- The holistic marketing philosophy
- Overview of marketing management
- Case study of marketing management
- Chapter 1 Defining marketing for the new realities
- Chapter 2 Understanding marketing management within a global context
- What is management?
- The process of management
- Why is management difficult?
- What is marketing management?
- Valuing marketing within organisations
- Managing across the entire organisation
- Managing outsourced activities
- Managing networks and relationships
- Understanding global marketing management
- Deciding whether to go abroad
- Deciding how to enter the market
- Deciding which markets to enter
- Deciding on standardised or adapted marketing
- Managing in developing and low-income markets
- What is management?
- Chapter 3 Developing marketing strategies and plans
- Marketing and customer-perceived value
- Business environment paradigm change
- The value delivery process
- The value chain
- Core competencies
- A holistic marketing orientation and customer-perceived value
- The central role of corporate strategic planning
- Corporate and divisional strategic planning
- Defining the corporate mission
- Organisation and organisational culture
- Defining the business
- Assigning resources to each SBU
- Building the corporate business portfolio – assessing growth opportunities
- Marketing innovation
- Business unit strategic planning
- The business mission
- SWOT analysis
- Critique of conventional SWOT analysis
- Goal formulation
- Strategic formulation
- Programme formulation and implementation
- Feedback and control
- Change today, not tomorrow
- Questions
- The nature and content of a marketing plan
- Contents of the marketing plan
- Sample marketing plan: €uromart
- Introduction
- Marketing and customer-perceived value
- Understanding digital technologies within marketing management
- The range of technologies in marketing
- Information and interaction perspectives
- Managing digital technologies
- Evaluation and selection of digital technologies
- Supporting the adoption and implementation of digital technologies
- Uniting marketing and IT functions
- Future technologies: opportunities and challenges
- Part 1 Case study: Virgin Atlantic
- Chapter 5 The changing marketing environment and information management
- The company environment
- The marketing environment
- Analysing the macroenvironment
- The sociocultural and demographic environment
- The economic environment
- The social–cultural environment
- The ecological and physical environment
- The technological environment
- The political–legal environment
- Managing the marketing information system
- Components of a modern marketing information system
- Internal records
- The marketing intelligence system
- Databases, data warehousing and data mining
- Chapter 6 Managing market research and forecasting
- The marketing research system
- The marketing research process
- Step 1: define the problem, the decision alternatives and the research objectives
- Step 2: develop the research plan
- Step 3: collect the information
- Step 4: analyse the information
- Step 5: present the findings
- Step 6: make the decision
- Overcoming barriers to the use of marketing research
- Forecasting and demand measurement
- The measures of market demand
- Estimating current demand
- Estimating future demand
- The study of consumer behaviour
- Culture
- Social groups
- The individual consumer
- The interaction between dimensions
- Key psychological processes
- Motivation: Freud, Maslow, Herzberg
- Perception
- Learning
- Memory
- Perspectives on consumer behaviour
- The behaviourist perspective
- The information-processing perspective
- The emotional perspective
- The cultural perspective
- A multi-perspective approach
- The buying decision process: the five-stage model
- Problem recognition
- Information search
- Evaluation of alternatives
- Purchase decision
- Post-purchase behaviour
- Other theories of consumer decision making
- Level of consumer involvement
- Behavioural decision theory and behavioural economics
- Decision heuristics
- Framing
- Mental accounting
- Profiling consumer product buying and usage behaviour
- What is organisational buying?
- The business market versus the consumer market
- Buying situations
- Systems buying and selling
- Participants in the business buying process
- The buying centre
- Buying centre influences
- Targeting firms and buying centres
- The purchasing/procurement process
- Stages in the buying process
- Problem recognition
- General need description and product specification
- Supplier search
- Proposal solicitation
- Supplier selection
- Order-routine specification
- Performance review
- Managing business-to-business relationships
- The role of uncertainty in business relationships
- Transaction cost economics
- Network theory
- Vertical coordination
- Institutional and government markets
- Identifying competitors
- Analysing competitors
- Strategies
- Objectives
- Strengths and weaknesses
- Selecting competitors
- Selecting customers
- Competitive strategies for market leaders
- Expanding the total market
- Protecting market share
- Expanding market share
- Other competitive strategies
- Market-challenger strategies
- Market-follower strategies
- Market-nicher strategies
- Balancing customer and competitor orientations
- Competitor-centred companies
- Customer-centred companies
- Competing in an economic downturn
- Explore the upside of increasing investment
- Get closer to customers
- Review budget allocations
- Put forth the most compelling value proposition
- Fine-tune brand and product offerings
- Part 2 Case study: Cheese odour marketing
- Chapter 10 Seeking and developing target marketing differentiation strategies
- Levels of market segmentation
- Segment group marketing
- Niche marketing
- Local marketing
- Individual marketing
- Bases for segmenting consumer markets
- Geographic segmentation
- Demographic segmentation
- Psychographic segmentation
- Behavioural segmentation
- Bases for segmenting business markets
- Market targeting
- Effective segmentation criteria
- Evaluating and selecting market segments
- Additional considerations
- Creating differentiation and positioning strategies
- Positioning
- Establishing category membership
- Choosing POPs and PODs
- Creating POPs and PODs
- Perceptual or positioning mapping
- What can positioning analysis do for a company’s business?
- Positioning maps
- Developing a positioning strategy
- Repositioning
- Developing and communicating a differentiation strategy
- Cost leadership
- Distinctive superior quality
- Cost leadership and quality differentiation
- Differentiation strategies
- The purpose of positioning
- Levels of market segmentation
- Chapter 11 Creating customer value, satisfaction and loyalty
- Building customer value
- Customer-perceived value
- Building customer satisfaction
- Brand inertia and brand loyalty
- Total customer satisfaction
- Market offering quality dimension
- Maximising customer lifetime value
- Customer profitability
- Customer lifetime value – conceptual dream or real-time activity?
- Cultivating customer relationships
- Customer relationship management
- Attracting and retaining customers
- Building customer loyalty
- Improving loyalty
- Developing loyalty programmes
- The experience economy
- The value experience
- Interactive marketing
- Complexity of markets
- Emotional turn
- Building customer value
- Understanding brand management
- What is a brand?
- The roles of brands
- Strategic brand management decisions
- Creating and managing brand identities: names, logos, slogans and images
- Brand narratives and storytelling
- Managing individual or house brand names
- Managing brand extensions
- Managing brand portfolios
- Brand reinforcing and revitalisation
- Growing, sustaining and managing brand equity
- What is a digital brand?
- Digital branding as a core management requirement
- Understanding the digital brand experience
- Understanding the consumer decision journey and digital branding
- Linking social networking and the consumer decision journey
- Digital brand communities
- Online brand communities’ member characteristics
- Managing global brands
- Factors leading to increased global branding
- Managing iconic global brands
- Operating a global brand strategy
- Part 3 Case study: San Pellegrino: delighting mineral water consumers
- Chapter 14 Designing, developing and managing market offerings
- Product life cycle marketing strategies
- Product life cycles
- Style, fashion and fad life cycles
- Marketing strategies: the introduction stage and the pioneer advantage
- Marketing strategies: the growth stage
- Marketing strategies: the maturity stage
- Marketing strategies: the decline stage
- Evidence on and critique of the product life cycle concept
- Critique of the product life cycle concept
- Market evolution
- Emergence
- Growth
- Maturity
- Decline
- Product characteristics and classifications
- Product levels: the customer-perceived value hierarchy
- Product/market offering classifications
- Differentiation
- Market offering differentiation
- Design differentiation
- Service differentiation
- Product and brand relationships
- The product/market offering hierarchy
- Product/market offering systems and mixes
- Product-line analysis
- Product-line length
- Co-branding and ingredient branding
- Packaging, labelling, warranties and guarantees
- Packaging
- Labelling
- Warranties and guarantees
- Product life cycle marketing strategies
- New market offering options
- Make or buy?
- Types of new product
- Challenges in new-product/market offering development
- The innovation imperative
- New product/market offering success
- New product/market offering failure
- Organisational arrangements
- Budgeting for new product development
- Organising new product/market offering development
- Managing the development process: Stage 1 – ideas
- Process stages
- Idea generation
- Idea screening
- Managing the development process: Stage 2 – concept to strategy
- Concept development and testing
- Marketing strategy development
- Business analysis
- Managing the development process: Stage 3 – prototype to commercialisation
- Product and market development
- Market testing
- Commercialisation and launch
- The consumer adoption process
- Stages in the process
- Factors influencing the process
- Understanding pricing
- Pricing in a digital world
- How companies price
- Consumer psychology and pricing
- Setting the price
- Step 1: selecting the pricing objective
- Step 2: determining demand
- Step 3: estimating costs
- Step 4: analysing competitors’ costs, prices and offers
- Step 5: selecting a pricing method
- Step 6: selecting the final price
- Adapting the price
- Geographical pricing (cash, countertrade, barter)
- Price discounts and allowances
- Promotional pricing
- Differentiated pricing
- Initiating and responding to price changes
- Initiating price cuts
- Initiating price increases
- Responding to competitors’ price changes
- Part 4 Case study: Burberry
- Chapter 17 Designing and managing non-personal marketing communications
- The role of marketing communications
- The changing marketing communications environment
- Non-personal marketing (mass communication)
- Marketing communications, brand equity and sales
- The communication process models
- Developing effective communications
- Identifying the target audience
- Deciding the communications mix objectives
- Designing the communications
- Selecting the communications channels
- Establishing the total marketing communications budget
- Selecting the marketing communications mix
- Characteristics of the mix
- Factors in setting the mix
- Developing and managing an advertising programme
- Setting objectives
- Deciding on the advertising budget and developing the advertising campaign
- Managing media matters
- Evaluating alternative media
- Evaluating advertising effectiveness
- Sales promotion
- Setting objectives
- Advertising versus sales promotion
- Major decisions
- Events, experiences, public and press relations
- Setting objectives
- Major sponsorship experiences
- Creating experiences
- Major decisions in marketing public relations
- Major decisions in marketing press relations
- The role of marketing communications
- Personal communications mix
- Paid, earned and owned media
- Direct marketing
- Personal selling
- Word-of-mouth (WOM) marketing
- Social media marketing
- Direct marketing
- Setting objectives
- The benefits of direct marketing
- Direct mail
- Catalogue marketing
- Telemarketing
- Other media for direct response marketing
- Public and ethical issues
- Interactive and online marketing communications
- Brave new world requires a deeper understanding of consumers
- Online marketing communications
- Developing and managing the personal sales force
- Setting objectives and strategy
- Sales force management issues
- Key principles of personal selling
- The six steps of selling
- Impact of social media technology
- Word-of-mouth (WOM) marketing
- Opinion leaders
- Social media marketing
- The growing importance of social media
- Social media platforms
- Online communities and forums
- Blogs
- Social platforms
- Developing a social media marketing plan
- Advantages and disadvantages of social media
- Evaluating the performance of social media marketing (metrics)
- Social media marketing trends
- Integrated marketing communications (IMC)
- Two-step flow of information
- Coordinating media
- Implementing IMC
- Implications of digital media for practitioners
- Marketing communications toolbox
- Managing an integrated marketing communications mix
- Part 5 Case study: Walkers crisps
- Chapter 19 Designing and managing distribution channels and global value networks
- Managing distribution channels and value networks
- The importance of channels
- The role of distribution channel members
- Channel functions and flows
- Channel levels
- Service supply chain
- Channel-design decisions
- Analysing customer needs and wants
- Establishing objectives and constraints
- Identifying major channel alternatives
- Evaluating major channel alternatives
- Selecting and management channel members
- Selecting channel members
- Evaluating channel members
- Modifying channel design and arrangements
- Channel integration and systems
- Vertical marketing systems
- Managing conflict, cooperation and competition
- Types of conflict and competition
- Managing channel conflict
- Integrating multichannel and omnichannels
- Online, mobile and digital channel management
- Online-only companies
- Online and brick-and-click companies
- Exploring future technologies within distribution
- Managing distribution channels and value networks
- Chapter 20 Managing process, people and physical evidence
- Service process design and management
- Service process blueprint
- Managing variability within service process design
- Service process and customer satisfaction
- Understanding people management challenges
- Managing technology-supported interactions
- Training service personnel
- Hiring and managing service personnel
- Service personnel managing failure and recovery
- Co-creation of value: customer participation
- Service-level engagement
- Managing the physical evidence and experience environment
- Managing sensory marketing: using the five senses
- The future: managing and combining human and digital
- Part 6 Case study: Apple stores: delivering value
- Service process design and management
- Chapter 21 Implementing marketing management
- Restructuring marketing practices
- Internal marketing
- Critique of internal marketing
- Organising the marketing department
- Relations with other departments
- Building a creative marketing organisation
- Taking the creative approach
- Building a creative culture
- Creativity – a mystical gift for some or something for all?
- Maintaining momentum
- Marketing implementation
- Leadership
- Methodology and making room for creativity
- Fostering a creative marketing culture
- Socially responsible marketing
- Corporate social responsibility
- Socially responsible business models
- Cause-related marketing
- Cause-marketing benefits and costs
- Social marketing
- Ethnic marketing
- Green marketing
- Digital and traditional marketing are inseparable
- The Internet of things
- Marketing revisited
- The marketing manager’s key tasks
- Quo vadis?
- Back to basics and some new perspectives
- Holding things together
- Getting started
- Chapter 22 Managing marketing metrics
- The need for marketing metrics
- What marketing metrics should do
- Measuring the past, the present or the future
- Measuring marketing performance and productivity
- Counting-based metrics
- Accounting-based metrics
- Outcome metrics
- Big data and social media metrics
- Corporate social responsibility
- Marketing dashboards
- Part 7 Case study: Unilever: implementing and measuring corporate sustainability
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- Útgáfuár : 2019
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