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2/1/2013

Bus 103 – Marketing Dr. Jasso Lecture Series
Winter 2013

On marketing – creating and delivering customer value
The Measure of Connectedness
Copyright Dr. Sean D. Jasso

Learning Outcomes
• • • • • • • • The purpose of the business enterprise The nature of „value‟ The customer experience The nature of value The power of competition The importance of customer creation The firm‟s goals and objectives The purpose of strategy • • • • •

Our Approach
Lecture – this is where we develop the idea Reading – this is where we study the material Research – this is where we investigate Writing – this is where we test knowledge Analysis – this is where we test our knowledge

Copyright Dr. Sean D. Jasso

Copyright Dr. Sean D. Jasso

Guiding Questions
What is our competitive landscape  Analyzing the marketing environment How do we get into our customer‟s mind  Marketing Research Strategies

On markets
Copyright Dr. Sean D. Jasso

Copyright Dr. Sean D. Jasso

1

2/1/2013

The Big Marketing Questions Central Themes
Fundamentals of Strategic Marketing Demographics Customer Behavior

• What is our industry • What is our business • What is our profit objective • Who is our customer • Who is our competitor • What is our brand

Copyright 2012 Dr. Sean D. Jasso

Copyright Dr. Sean D. Jasso

Sales Approach
Profits - increased sales volume

The Marketing Toolkit
The Marketing Mix Sales Approach Marketing Approach

Means – Sales and Market Acceptance Focal Point – Existing Products

Copyright Dr. Sean D. Jasso

Copyright 2012 Dr. Sean D. Jasso

Marketing Approach
Loyalty

Goal – Customer Satisfaction Means – IMC

Sales vs. Marketing
Sales – profits through volume Marketing – profits through customer satisfaction

Customer Needs and Desires

Copyright 2012 Dr. Sean D. Jasso

Copyright Dr. Sean D. Jasso

2

2/1/2013

5Ps & 5Cs
Product………………….........Customer Solution Price………………………........Customer Cost

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