MindMap Gallery Marketing Management (Business Management Chapter 10)
Mind map of Marketing Management (Chapter 10 of Business Management), Marketing is the process of social and managerial activities that enable individuals or organizations to satisfy their desires and needs by selecting, creating, delivering and exchanging products and values.
Edited at 2023-10-20 14:02:56This is a mind map about bacteria, and its main contents include: overview, morphology, types, structure, reproduction, distribution, application, and expansion. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about the reproductive development of animals, and its main contents include: insects, frogs, birds, sexual reproduction, and asexual reproduction. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about bacteria, and its main contents include: overview, morphology, types, structure, reproduction, distribution, application, and expansion. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about the reproductive development of animals, and its main contents include: insects, frogs, birds, sexual reproduction, and asexual reproduction. The summary is comprehensive and meticulous, suitable as review materials.
Marketing Management
marketing concept
what is marketing
Marketing is the process of social and managerial activities that enable individuals or organizations to satisfy their desires and needs by selecting, creating, delivering, and exchanging products and values.
From a sociological perspective, marketing is a social process in which individuals and organizations create, provide, sell, and freely exchange products and services with others to obtain their own products or services.
From a management perspective, marketing is the art of marketers using technology and management methods to improve products and value exchange.
What to market and who will market it
Marketers must be able to judge and identify demand, understand changes in demand status, and make the demand status change toward the type expected by marketers. This is an important basis for formulating marketing plans.
There are eight basic types of demand status
negative demand
No need
potential demand
falling demand
Irregular demand
sufficient demand
excessive demand
unhealthy needs
Core Concepts of Marketing Management
need, desire, need
Offer, brand, value and satisfaction
market
Market segmentation, target markets and market positioning
Marketing channels and supply chain
marketing concept
production concept
Refers to consumers who prefer products that can be purchased anywhere at low prices
The marketing goal of companies holding this concept is to improve product production and distribution efficiency
product concept
Refers to consumers who like high-quality, high-performance or innovative products
Produce high-quality products and continuously put them on the market
Selling concepts
If companies do not adopt large-scale promotion and sales activities, consumers will not buy products in large quantities
Sell manufactured products instead of manufacturing products that are needed in the market
marketing concept
"Customer-centric" and "sense the market before reacting"
Enterprises must have insight into the desires and needs of consumers in the target market and satisfy consumers' desires and needs faster and more effectively than competitors.
social marketing concept
Enterprises should first determine the desires, needs and interests of the target market, and then provide customers with value-for-money products and services to improve the welfare of customers and society.
All-round marketing
It is emphasized that enterprises should shift the focus of marketing from "product portfolio" to "customer portfolio", use "customer value", "core capabilities" and "cooperation network" as marketing elements, and use "value exploration", "value creation" and "value "Transfer" as the main line of marketing, develop, design and implement marketing plans in an all-round way, integrating relationship marketing, integrated marketing, internal marketing and performance marketing resources to achieve all-round integrated marketing
Relationship Marketing
Marketing activities are not only for companies to reach deals with customers, but also for key stakeholders to establish satisfactory and long-lasting cooperative relationships that are mutually beneficial and mutually beneficial to achieve win-win results.
Integrated Marketing
Integrate and utilize all deployable resources to maximize corporate marketing performance
internal marketing
Leveraging, developing and motivating employees who can provide excellent customer service and excel in their ability to do this job well
performance marketing
Marketers are required to understand the effectiveness of marketing activities and program implementation, and to bring financial and non-financial returns to enterprises and society.
4P, 4C and 4R marketing mix
4P is product-oriented
product
price
Place
Promotion
4C is consumer demand-oriented
consumer
cost
convenient
communicate
4R
association
reaction
relation
return
New 4P
combination personnel
process
project
performance
Marketing strategic planning
Marketing strategic planning is a marketing management process in which an enterprise creatively designs the content of marketing activities and uses technical means and methods to detect its implementation performance to verify its scientificity, standardization and effectiveness and to continuously improve and improve it. It embodies the characteristics of the enterprise market. Iterative management ideas with forward-looking and technical methods
Consider three questions
The core business of the enterprise must be managed as an investment project
It is necessary to analyze the market growth rate, market position and matching degree of the enterprise's business, and to evaluate the advantages of its business
When formulating marketing strategic planning, it is necessary to formulate specific business plans for the long-term development goals of each business.
Classification
Strategic Plan
Based on clear market opportunities, select the best target market and propose a long-term strategy for value proposition
tactical plan
Specific strategies for marketing activities within a specific period of time
The formulation of corporate strategic planning includes
Determine the company's mission
Establish strategic business units
Allocate resources to each strategic business unit
Assess its growth opportunities
Business strategy planning development
Determine mission
Analyze internal and external environments
goal setting
strategy formulation
Plan formation and implementation
feedback and control
Internet Creative Marketing
Internet Creative Marketing
Creative marketing is the use of creative thinking, especially the cross-border innovative thinking of the Internet, to plan and implement corporate marketing activities and processes. Entrepreneurial marketing is a manifestation of an enterprise's innovation ability. It is an innovation ability acquired through training.
Internet entrepreneurial marketing means that in the context of the application of the Internet and modern information technology, enterprises use Internet thinking, use market mechanisms, and adopt modern new technological means and methods to integrate and utilize various social resources, including commodities, labor, knowledge, technology, and capital. etc., to create or provide the value of products or services that are needed by the market and satisfy consumers, and to spread value with unique business models and novel marketing methods, so that consumers pay attention, interest and search for value-related information , can conveniently experience, purchase and share these values, so that the entire activity process of the enterprise can sustainably and stably obtain profits.
Internet cross-border innovative thinking
Internet thinking refers to people’s thinking about organizations, markets, users, products, services, value chains and even in the context of scientific and technological progress such as the Internet, Internet of Things, cloud computing and big data, with the ideas of “open source, openness, co-creation and sharing”. The process of re-examining and rethinking the entire social-ecological system
The essence of Internet thinking
Open source
open
Create together
shared
The key to using Internet thinking to carry out online creative marketing is that the marketing strategy must be "innovative" and "creative"
oriented to society
For enterprises
For consumers
Demand insights and market positioning
market research
Use scientific methods to purposefully, plannedly and systematically collect, organize and analyze various information related to marketing and propose research reports to help marketers gain insight into the market environment, identify problems and seize opportunities, and provide market predictions and marketing decisions Provide scientific basis
Market research tasks mainly include product research, customer research, sales research, promotion research, competition research, etc.
Market research steps
Define marketing issues and research content
Develop marketing research plan
collect information
Analyze information
Present research results and write research reports
Make marketing decisions
Demand Forecast
It is based on market research and uses forecasting techniques and methods to measure market supply trends and factors affecting changes in the market environment in a period of time in the future, providing a scientific basis for corporate marketing management decisions.
step
Determine the target
Develop a forecast plan
Collect and organize information
Establish prediction models and conduct analysis and evaluation
Forecast estimation and error analysis
Review forecast results and make revisions
Market positioning
It is the process by which an enterprise serves its target market customers by building its corporate and industrial image.
main mission
Seek differentiation, seek unique “selling points,” identify value propositions and develop overall positioning strategy
market segmentation
Refers to the process of dividing the overall market for a certain product into several sub-markets with different needs based on the differences in consumer needs.
significance
Facilitates discovery and comparison of market opportunities
Conducive to efficient allocation of manpower, material and financial resources
Conducive to making changes and adjustments in market competition
step
investigation
analyze
Evaluate
Target market selection
On the basis of market segmentation, select the customer groups you want to serve based on the company's own situation.
Require
Understand the final requirements, overall size and geographical distribution of target customers, etc.
Effectively segment target market factors
The market is measurable
The market is big enough
market accessible
Markets can be differentiated
market operable
Brand building and product decision-making
Brand positioning and shaping
A brand is a sign used to identify certain characteristics of a product or enterprise, usually consisting of a name, mark, pattern or other identification symbol
brand recognition elements
Attributes
Benefit
value
culture
personality
sense of role
Brand competitiveness is the basis for the formation of brand value and has five aspects:
brand ignorance
brand awareness
brand acceptance
brand preference
brand loyalty
The connotation of a brand refers to the fact that the brand has certain specific properties
brand attachment
brand alienation
brand extension
There are many ways to build a brand, mainly based on product type, market nature, company size and resource status to formulate brand building strategies.
Brand type
No brand
family brand
individual brands
Licensed brand
Manufacturer brand
middleman brand
brand elements
Characterized design content used to identify the brand
Brand information dissemination methods
Promote category benefits
Compare with market competitors
Rely on product descriptors
Create a brand on the Internet
When creating a brand on the Internet, the brand building process is inseparable from the online activities of online consumers, and is closely related to the company's online business management process and the process of providing e-commerce services to customers.
content
Marketing Planning
customer attraction
community marketing
online education
order fulfillment
customer retention
Product decisions and development
product
Core Products
form product
Extended products
Product System
Is a group of different but related items that are interconnected and work together
Stages of new product development
Design Concept
creative screening
Concept products
business analysis
Market analysis
Product trial production
market test
Listed in batches
Price setting and consumption guidance
price setting
Price is the decisive factor affecting consumer purchasing decisions
Price can regulate and induce market demand
Price is an important means of marketing competition
Price can affect the realization of corporate marketing goals
Prices are subject to corporate marketing environment conditions
Product Pricing Method
cost oriented pricing
Cost-plus pricing method (total cost-plus pricing, variable cost-plus pricing)
target profit pricing
demand-driven pricing
customary pricing
Selling price backward pricing method
cognitive value pricing
competition oriented pricing
prevailing price pricing method
competitive price pricing
sealed bid pricing
Product Pricing Steps
Select pricing target
Survive
maximize market profits
Maximize market share
Maximizing market profits (skimming)
"Product-Quality" leadership position
Insight into market needs
Consumers are less sensitive to low-priced or infrequently purchased products. Price sensitivity will decrease under the following circumstances:
Fewer substitutes or competitors
They haven't noticed the higher prices yet
They are slow to change their buying habits
They think the price increase is justified
Price is only a small part of the total cost of acquiring, using and maintaining the product
Estimated production costs
Analyze competitors' costs, prices, and products
Choose pricing method
Factors affecting price setting
Cost is the lower limit of price
Prices of competitors and substitutes provide reference points for pricing
Customer evaluation of product features is the upper limit of price
Set final price
Consumption guidance
Consumption guidance means that enterprises produce and sell products according to the actual needs of consumers to satisfy consumers’ needs.
The core of corporate marketing is how to meet consumer needs and desires
type
Macro consumption guidance
Consumption for the entire society
Micro consumption guidance
For household and personal consumption
method
In-depth interactive communication with customers
Customer participation in customization and design
Assist consumers in purchasing decisions
technology
multimedia technology
Web mining technology
Personalized recommendation technology
Decision Support Systems
Marketing channel system
Marketing channels and value network
Marketing channels
It is a set of interdependent organizations that facilitate the smooth use or consumption of products or services.
It is a series of intermediate links that a product or service goes through from production to consumption. The end point is that the user purchases and consumes it.
Marketing channel system
It is an important part of the distribution channel system
Marketing channels must not only serve customers but also create profitable market demand
The company's choice of marketing channels will have an impact on other marketing decisions.
Which marketing channels a company chooses depends on its market segmentation, target market selection and product positioning strategies. In the final analysis, it is necessary to ensure that the marketing channels built by the company can create the greatest value.
marketing channel strategy
Advance strategy
It is the strategy and method of using the manufacturer's sales force, promotional funds, or other means to promote intermediaries to purchase, promote, and sell products to end users.
pull strategy
It is a strategy in which manufacturers use advertising, promotions and other communication methods to guide consumers to actively go to middlemen to buy products, so as to encourage middlemen to order from manufacturers.
Mixed channel marketing
They are two ways for enterprises to choose channels to get closer to their customer groups.
Function
Order products online and conveniently pick them up at a physical chain store
Return products ordered online at a nearby retail store
Provide appropriate price discounts and promotional offers based on the customer's online and offline purchase quantity
value network
It is a value-added network composed of an enterprise's suppliers, suppliers' suppliers, and its direct customers and end users.
Efforts through channels can help companies improve marketing efficiency and effectiveness
What marketing channels have in common
use scarce resources
Adopt professional operations
Transferable functionality between members
Channel design and management decisions
channel level
Channel length refers to the number of levels at which a company uses marketing intermediaries.
Service channels
With the widespread application of the Internet and its new technologies, service industries such as banking, insurance, tourism, and stock trading are also using online sales channels.
Marketing channel design steps
Analyze customer needs and wants
Establish channel goals and constraints
Evaluate and identify different channels
Marketing channel management decisions
Price policy
Conditions of sale
Distributor Territory Rights
Services and responsibilities of both parties
Marketing channel integration
Traditional marketing channels are systems composed of an independent manufacturer, a single or many wholesalers and retailers
Vertical marketing system is a combination of manufacturers, wholesalers and retailers
Horizontal marketing system refers to the implementation of unified channel marketing strategies and tactics by integrating marketing channels, including adding more channel strategies to improve market coverage, reduce channel costs, and provide more customized sales for enterprises.
e-commerce channel
E-commerce refers to the process in which manufacturers use website platforms to provide products or services to consumers online and complete transactions and service activities.
Competition mainly includes
Interactive competition between customers and websites, competition in logistics and distribution systems, and competition in the ability to solve problems when problems arise
e-commerce channel
pure click company
virtual reality fusion company
Mobile e-commerce
Service circulation collaboration
Categories of services and supplies
Service means any activity or operation that is provided by one party to another party and is essentially intangible
Service supply category
purely tangible product
Tangible products and accompanying services
mixed supplies
Main services plus auxiliary product services
pure service
Service providers are businesses that provide various services or support services
Service features
intangibility
inseparability
variability
Perishability
Service failure and its attribution
Customer authorization
Co-produced with customers
Employees and customers participate in services together
Service quality coordination management
Customer Expectation Management
Self-service technology
collaborative service system
customer experience perception
customer experience perception
It is the overall evaluation and understanding of the utility of a product or service after comparing the benefits that customers can perceive with the costs they pay to obtain the product or service. It is based on the customer's overall evaluation and understanding of the benefits obtained from different alternatives and the cost paid. The difference between the overall cost of
Customer Satisfaction and Its Measurement
Customer satisfaction, also called customer satisfaction index, refers to the degree of matching between customer expectations and customer experience. It is the result obtained by comparing the perceived effect of a product with its expected value.
customer lifetime value
It is the net present value of the expected total profit of a customer's lifetime purchase of the product.
customer relationship management
Is a process of managing customer details and all customer "touch points" with the aim of maximizing customer loyalty
personalized marketing
Customer reviews and testimonials
marketing communication
Also known as marketing communication, it refers to the process by which marketers talk to consumers, establish and maintain lasting relationships with them, disseminate marketing information to consumers and communicate with them in order to create brands and sell products.
Integration of communication resources
Marketing communication resources refer to all available resources used for corporate marketing communication activities
media
technical means
human Resources
Communication content
Propagation mode
integrated marketing communications
It means that the enterprise completes the entire marketing planning and implementation by integrating and utilizing online and offline marketing resources and capabilities to achieve cross-departmental collaboration to deliver clear, consistent, and convincing organizational image and brand information to the outside. , monitoring and control
marketing communications mix
It refers to marketing activities in which an enterprise combines the tools and methods of marketing communication to attract customers' attention, spread the value that convinces them, and establish and maintain a sustained and stable relationship with them.
tool
advertise
sales promotion
events and experiences
public relations and publicity
direct selling
Interactive Marketing
word of mouth marketing
personal selling
marketing interactive communication
It is a marketing method that establishes and maintains two-way communication relationships between enterprises and customers.
Purpose
Accurately convey the value of marketed products or services to customers so that they can recognize, accept, purchase and share its value, evaluate marketing effects, respond to customer feedback, and provide support for companies to maintain long-term and stable relationships with customers.
Features
personalise
interactivity
The difference between online communication and offline communication
Communication from push to pull
Communication from monologue to dialogue
Communication from broadcast to interaction
marketing communication goals
Create a brand
Increase sales
Product Innovation
Consumption guidance
Marketing interactive communication models and tools
Model
Recognize – Distinguish – Communicate
tool
search engine
Classification
directory search engine
Robot intelligent search engine
meta search engine
Marketing strategy
keyword advertising
Search Engine Optimization
Features
timeliness
Targeted
Explainability
low cost
The essence of communication
Get mailing list
Soft marketing to customers
Link advertising promotion
Email communication steps
Select customer
Build relationships
Increase loyalty
Expand business
electronic word-of-mouth
Propagation mode
Ad-embedded piggybacking on virality
Virality that drives deals
Inducing consumers to actively spread advertisements
Features
unique
Interesting
simplicity
Cheapness
social network communication
The concept of social marketing
It organically combines the process of netizens' participation in social activities with the organizational marketing process to form a network aggregation effect, providing a convenient channel for organizations to select, create, deliver and disseminate marketing value.
Social media marketing system includes
social community
social communication
social entertainment
social commerce
social marketing methods
On social media, users create a large amount of news, events, videos and other sticky content to attract the attention of netizens. By converting these contents into viral UGA, marketers do not need to purchase advertising pages. Embed promotion content into UGC voluntarily released by users to achieve the purpose of online publishing and dissemination of advertising.
Enable fans of your organization and its brand to spread marketing messages in multiple ways by creating and integrating marketing channels
Direct dialogue between enterprises and customers to create new marketing channels
Advantages of social marketing
Can increase sales of enterprise products
Reduces transaction costs for the organization
Enterprises manage customer relationships online
Obtain the real needs of customers
social marketing performance
Marketing Performance Sources
The part of customers who bring benefits
Main contents of marketing performance appraisal
Enterprises must effectively manage high-end customers and identify, differentiate, maintain and develop customers that can bring high returns
E-commerce platform
An e-commerce platform refers to an e-commerce system that provides business negotiation, goods exchange and logistics services for enterprises or individuals.
Main types
The platform provides consulting services such as product design, system research and development, and information services.
The platform provides sales and transaction services for products, services and information
The platform provides businesses with self-operated commodity sales and information services.
activity mode
B2B
business to business
B2C
business to customer
C2C
buyers and sellers
B2M
The target customer group is the producer, seller or middleman of the product
The target group is e-commerce companies or traditional companies that focus on channel marketing.
M2C
Developed from B2M
B2A or B2G
Businesses and Government Agencies
C2A
Government to individual client
O2O
Online and offline integration
business intelligence system
It refers to the use of data warehouse, online analytical processing, data mining and other technologies to process and analyze business data from different industries or specific application fields in order to provide customized solutions for enterprises and assist customers in solving complex problems in business activities. , a management decision support system that enables management decision-makers to respond quickly and make scientific decisions in the face of rapid changes in the market environment.
advantage
It can help decision-makers quickly obtain accurate, timely and valuable information, gain competitive advantage for enterprises and provide decision-making support.
structure
Data preprocessing
Build a data warehouse
data analysis
Indicator presentation
technology
data warehouse technology
OLAP technology
data mining technology
Smart technology integration
Business model innovation
A business model, also known as a business model, is a set of methods that describe how an enterprise creates value, delivers value, and obtains value. It is also a series of action plans that an enterprise takes to create value and obtain profits.
Creating value is the core of the business model
Create value for customers (customer value proposition)
Create value for investors (capital investment must have a return)
Create value for partners (mutual benefit, co-creation and sharing)
Business model design methods
Business model canvas key modules
client subdivision
value proposition
channel access
customer relations
Source of income
core resources
key business
important partner
cost structure
Key Elements of a Business Model
Value reflection
Profit model
Market opportunities
The competitive environment
Competitive Advantage
Marketing strategy
organizational development
management team
Business model innovation mechanism
learning mechanism
Ensure the scientific nature of the flow direction and flow rate of knowledge flow
interactive mechanism
It ensures the interactive matching between information flow, knowledge flow and value flow, and improves the effectiveness of knowledge application.
knowledge management mechanism
Ensures the integrity of the process of acquiring, accumulating, creating and applying knowledge