38
1 Marketing & Organizational Management Issues in SSE RAKSHIK SAHRMA NIS Academy 2007-2010

Marketing & Organizational Management Issues In Sse

Embed Size (px)

DESCRIPTION

 

Citation preview

  • 1. Marketing & Organizational Management Issues in SSE RAKSHIK SAHRMA NIS Academy 2007-2010 1
  • 2. INTRODUCTION extensive potential market, still the SSEs in India are unwilling towards adopting new concentrated marketing strategies. 2
  • 3. MARKETING CONCEPTS IN SSE MARKETING CONCEPTS IN SSE Traditional Marketing Concept Modern Marketing Concept 3
  • 4. Characteristics of traditional concept Product oriented Appropriate in sellers market Stresses upon selling Overlooks social responsibility & after sales services 4
  • 5. Characteristics of modern concept Customer oriented Marketing research Integrated marketing 5
  • 6. Flow- marketing concept Identification-TARGET MARKET Formation-MARKETING STRATEGY Integration OF ACTIVITIES -GOAL ATTAINMENT Evaluation-CUSTOMER SATISFACTION 6
  • 7. MARKETING PROBLEMS OF SSEs Cut-throat competition Late adoption of market trends Limited resources Less turnover Lack of sales promotion Weak bargaining power 7
  • 8. MARKETING INFORMATION Large scale enterprise collect information through continuous Marketing Research. Small scale enterprise use personal contacts & other informal methods for info collection. 8
  • 9. Sources for MI collection Secondary primary 9
  • 10. SECONDARY SOURCES Press Govt. publications Publications of financial institutions Foreign govt. & international agencies Publications of trade organization Private concerns & Research institutions 10
  • 11. PRIMARY SOURCES Customers Dealers Sales person 11
  • 12. MARKET ASSESMENNT It involves two steps- target market forecasting of demand 12
  • 13. DEMAND FORECASTING METHODS Survey method Statistical method Leading indicator model 13
  • 14. MARKET SEGMENTATION The division of a market into different homogeneous groups of consumers is known as market segmentation. 14
  • 15. BASES OF SEGMENTATION Geographic Demographic Education Socio-economic variables Psychological variables 15
  • 16. MARKETING MIX 7ps (product,place,price,promotion,physical evidence, process, people) are the variables that marketing managers can control in order to best satisfy customers in the target market. 16
  • 17. MARKETING MIX 17
  • 18. PRODUCT MIX TYPES OF PRODUCT Consumer goods Industrial goods 18
  • 19. Consumer goods Convenience goods Shopping goods Spatiality goods 19
  • 20. Industrial goods Raw materials Accessory equipment Installation Operating supplies Fabricated material and parts 20
  • 21. BRAND A brand is a product, service, or concept that is publicly distinguished from other products, services, or concepts so that it can be easily communicated and usually marketed. 21
  • 22. Do they look familiar ? 22
  • 23. Brand Name The name. Coca Cola, adidas, Ford, FedEx. 23
  • 24. Brand Identity The logo. The colours. The interiors/architecture. 24
  • 25. Branding [or Brand Building] Everything that reflects positively on the brand. 25
  • 26. Brand Equity Retained, positive thoughts. Building brand equity is a process, not an event. Good product Good action 26
  • 27. Brand Position Glossary of terms What the brand stands for. 27
  • 28. Brand Positioning The promisebrand. brand in the language of the of the - For life. - Just do it. 28
  • 29. BENEFITS OF BRANDING Memorability Loyalty Familiarity Premium image Extensions Greater company equity Lower marketing expenses For consumers, less risk 29
  • 30. PACKAGING Packaging refers to wrapping crafting, filling or compressing of products to protect them from spoilage, pilferage ,breakage, leakage, etc. 30
  • 31. WHY PACKAGING ? Physical protection Barrier protection Containment or agglomeration Information transmission Marketing Security Convenience 31
  • 32. Various household packaging types for foods 32
  • 33. PRICING 33
  • 34. PRICING POLICIES Skimming price policy Penetrating price policy Price discrimination Resale price maintenance 34
  • 35. PRICING PRACTICES Cost plus pricing Marginal cost pricing Market rate pricing Loss leader pricing Price lining Price leadership Administered pricing 35
  • 36. CHANNELS OF DISTRIBUTION 36
  • 37. ENTREPRENEURSHIP & SBM Selection of channel of distribution depends upon- nature of product Nature of market Nature of the firm Nature of the middlemen 37
  • 38. 38