Marketing management and strategy:
Gespeichert in:
Hauptverfasser: | , |
---|---|
Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Harlow ; Munich [u.a.]
Financial Times, Prentice Hall
2006
|
Ausgabe: | 4. ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Includes bibliographical references and index |
Beschreibung: | XII, 446 S. graph. Darst. |
ISBN: | 9780273693987 0273693980 |
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250 | |a 4. ed. | ||
264 | 1 | |a Harlow ; Munich [u.a.] |b Financial Times, Prentice Hall |c 2006 | |
300 | |a XII, 446 S. |b graph. Darst. | ||
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Datensatz im Suchindex
_version_ | 1804135147948212224 |
---|---|
adam_text | Contents
Preface
vii
About the authors
xi
Acknowledgements
xii
Chapter
1
MANAGEMENT: OBJECTIVES AND TASKS
1
Objectives and success
2
Stakeholders objectives and constraints
10
Developing balanced objectives
14
Developing a strategy
17
Criteria for strategic success
20
Strategic intent
22
Core competences
23
Organisational dimensions
25
Summary
28
Questions
28
Notes
29
Chapter
2
THE CUSTOMER-LED BUSINESS
31
The theory of marketing
32
The customer-led business
37
Success
40
Focus on needs
42
Organisation
45
Competitive advantage
47
Entire business
48
Customers as assets
49
Creating the customer-led business
52
Summary
60
Questions
60
Notes
60
Chapter
3
SEGMENTATION, POSITIONING AND THE
MARKETING MIX
63
Market segmentation
64
Dynamic targeting strategies
74
Creating the differential advantage
78
Positioning strategy
84
The marketing plan
85
Market-centred organisations
89
Summary
91
Questions
91
Notes
92
Chapter
4
STRATEGIC MARKET PLANNING
93
Adapting to change
94
Evolution of planning systems
98
Corporate strategy
101
Business unit strategy
117
Summary
127
Questions
128
Notes
128
Chapter
5
MARKET DYNAMICS AND COMPETITIVE
STRATEGY
131
Cycles of confusion
132
Market dynamics
137
The evolution of markets
140
Formulating marketing strategies
149
Niche companies
158
Summary
160
Questions
160
Notes
161
Chapter
6
BUILDING SUCCESSFUL BRANDS
163
Products and brands
164
Added values
166
How to build brands
172
The benefits of brands
177
Multibranding, line and brand extensions
180
Revitalisation,
repositioning and rationalisation
183
Regional and global brands
186
Buying versus building brands
188
Valuing brands
190
The branding dilemma
190
Summary
192
Questions
192
Notes
193
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELUNG
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
Chapter
11
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
VI
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today s markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those publics it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word marketing
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today s markets are fickle, fast moving and continu¬
ally splintering as customers wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
Chapter
11
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
VI
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today s markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those publics it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word marketing
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today s markets are fickle, fast moving and continu¬
ally splintering as customers wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POUCY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the
communications
mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
unapter
її
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today s markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those publics it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word marketing
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today s markets are fickle, fast moving and continu¬
ally splintering as customers wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
vi
unapier
íj.
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
|
adam_txt |
Contents
Preface
vii
About the authors
xi
Acknowledgements
xii
Chapter
1
MANAGEMENT: OBJECTIVES AND TASKS
1
Objectives and success
2
Stakeholders' objectives and constraints
10
Developing balanced objectives
14
Developing a strategy
17
Criteria for strategic success
20
Strategic intent
22
Core competences
23
Organisational dimensions
25
Summary
28
Questions
28
Notes
29
Chapter
2
THE CUSTOMER-LED BUSINESS
31
The theory of marketing
32
The customer-led business
37
Success
40
Focus on needs
42
Organisation
45
Competitive advantage
47
Entire business
48
Customers as assets
49
Creating the customer-led business
52
Summary
60
Questions
60
Notes
60
Chapter
3
SEGMENTATION, POSITIONING AND THE
MARKETING MIX
63
Market segmentation
64
Dynamic targeting strategies
74
Creating the differential advantage
78
Positioning strategy
84
The marketing plan
85
Market-centred organisations
89
Summary
91
Questions
91
Notes
92
Chapter
4
STRATEGIC MARKET PLANNING
93
Adapting to change
94
Evolution of planning systems
98
Corporate strategy
101
Business unit strategy
117
Summary
127
Questions
128
Notes
128
Chapter
5
MARKET DYNAMICS AND COMPETITIVE
STRATEGY
131
Cycles of confusion
132
Market dynamics
137
The evolution of markets
140
Formulating marketing strategies
149
Niche companies
158
Summary
160
Questions
160
Notes
161
Chapter
6
BUILDING SUCCESSFUL BRANDS
163
Products and brands
164
Added values
166
How to build brands
172
The benefits of brands
177
Multibranding, line and brand extensions
180
Revitalisation,
repositioning and rationalisation
183
Regional and global brands
186
Buying versus building brands
188
Valuing brands
190
The branding dilemma
190
Summary
192
Questions
192
Notes
193
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELUNG
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
Chapter
11
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
VI
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today's markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those 'publics' it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word 'marketing'
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today's markets are fickle, fast moving and continu¬
ally splintering as customers' wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
Chapter
11
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
VI
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today's markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those 'publics' it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word 'marketing'
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today's markets are fickle, fast moving and continu¬
ally splintering as customers' wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POUCY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the
communications
mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
unapter
її
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440
This book explores the role of marketing in the modern organisation. It presents an
up-to-date review of the most important concepts and techniques managers need to
analyse today's markets and to capitalise on the opportunities that are continually
emerging. For most organisations, marketing is the single most important determi¬
nant of success. This is obviously true of businesses operating in the dynamic,
globally competitive markets of today, where the ability to satisfy, or delight, cus¬
tomers is the only determinant of their ability to generate revenues. But marketing is
increasingly recognised as central by managers in public sector and other, not-for-
profit organisations. After all, no organisation exists for its own sake, but rather its
task is to meet the needs of those 'publics' it was created to serve.
Confusion: marketing vs. selling
Many managers still confuse marketing with selling. To them, the word 'marketing'
conjures images of the striking advertisements that they see on television, the latest
in-store promotional gimmick, or the figure of the slick, smooth-talking salesman.
But such images have little to do with the reality of developing successful marketing
strategies today. Real marketing is the philosophy of management which recognises
that the success of the enterprise is sustainable only if it can organise to meet the cur¬
rent and prospective needs of customers more effectively than competition. Selling
and marketing are contrasting in their approaches. Selling tries to push the customer
to buy what the business has. Marketing, on the other hand, tries to get the organisa¬
tion to develop and offer what the customer will find of real value. This way
marketing seeks to build long-term, mutually beneficial partnerships between the
organisation and its customers.
Increasing importance
In the twenty-first century, marketing is becoming even more important. Gone are
the stable markets of yesteryear. Today's markets are fickle, fast moving and continu¬
ally splintering as customers' wants change, technology advances and competitors
find new ways of adding value and creating additional satisfactions for consumers.
Organisations that do not focus on these continually changing markets are quickly
beached by the stream of new products, new services and new positioning strategies
offered by their more alert competitors. No organisations are sheltered. Companies
such as Marks
&
Spencer, General Motors,
ICI,
Xerox, and Philips, that, not so long
ago, were regarded as icons by managers in other firms, now struggle for their very
survival. Hundreds of unsung, but often long-established companies disappear
every year.
VII
Meaning of innovation
196
Why innovate?
198
Strategic opportunities for fast innovators
202
Barriers to innovation
204
Organising for innovation
206
New product development process
210
Customer adoption process
219
Summary
223
Questions
223
Notes
223
Chapter
8
PRICING POLICY: DELIVERING VALUE
225
Assessing price competitiveness
227
Establishing initial prices
229
Initiating price changes
238
Controlling reseller mark-ups
241
Summary
245
Questions
245
Notes
246
Chapter
9
COMMUNICATIONS STRATEGY
247
Introduction
248
Communications and buyer behaviour
250
Advertising planning
259
Direct response marketing
272
Interactive marketing
274
Sales promotion
275
Public relations
279
Determining the communications mix
281
Summary
284
Questions
285
Notes
286
Chapter
10
MANAGING PERSONAL SELLING
287
Salesforce objectives
288
Salesforce strategy
290
Structure and size
294
Allocation of resources
299
Sales management
301
The selling process
307
Negotiations
312
Managing account relationships
316
Summary
317
vi
unapier
íj.
MANAGING MARKETING CHANNELS
319
The role of channels
321
Designing distribution channels
324
Managing distribution channels
330
Channel evolution
333
Organising distribution
337
Summary
345
Questions
345
Notes
346
Chapter
12
MARKETING IN SERVICE BUSINESS
347
Nature of services
349
Service characteristics
351
Service tasks
355
Services marketing strategy
361
Summary
376
Questions
377
Notes
377
Chapter
13
TURNAROUND MANAGEMENT
379
Short- versus long-term improvements
380
Types of industry change
382
Some financial concepts
385
Consolidation phase
388
Transformation programme
397
Summary
407
Questions
408
Notes
408
Chapter
14
MARKETING IN THE FUTURE
409
Marketing: a recapitulation
410
Changing marketing environment
413
Less significant than predicted?
417
More significant than predicted?
419
Corporate social responsibility in action
-
TNT
422
Summary
425
Questions
425
Notes
425
Further reading
427
Author index
435
Company index
437
Subject index
440 |
any_adam_object | 1 |
any_adam_object_boolean | 1 |
author | Doyle, Peter 1943-2003 Stern, Philip |
author_GND | (DE-588)130298689 |
author_facet | Doyle, Peter 1943-2003 Stern, Philip |
author_role | aut aut |
author_sort | Doyle, Peter 1943-2003 |
author_variant | p d pd p s ps |
building | Verbundindex |
bvnumber | BV021383875 |
callnumber-first | H - Social Science |
callnumber-label | HF5415 |
callnumber-raw | HF5415 |
callnumber-search | HF5415 |
callnumber-sort | HF 45415 |
callnumber-subject | HF - Commerce |
classification_rvk | QP 600 |
ctrlnum | (OCoLC)156730585 (DE-599)BVBBV021383875 |
dewey-full | 658.8 |
dewey-hundreds | 600 - Technology (Applied sciences) |
dewey-ones | 658 - General management |
dewey-raw | 658.8 |
dewey-search | 658.8 |
dewey-sort | 3658.8 |
dewey-tens | 650 - Management and auxiliary services |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
edition | 4. ed. |
format | Book |
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id | DE-604.BV021383875 |
illustrated | Illustrated |
index_date | 2024-07-02T14:02:14Z |
indexdate | 2024-07-09T20:35:53Z |
institution | BVB |
isbn | 9780273693987 0273693980 |
language | English |
lccn | 2005052643 |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-014653680 |
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physical | XII, 446 S. graph. Darst. |
publishDate | 2006 |
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publisher | Financial Times, Prentice Hall |
record_format | marc |
spelling | Doyle, Peter 1943-2003 Verfasser (DE-588)130298689 aut Marketing management and strategy Peter Doyle and Philip Stern 4. ed. Harlow ; Munich [u.a.] Financial Times, Prentice Hall 2006 XII, 446 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Marketing Marketing Management Marketingstrategie (DE-588)4120697-6 gnd rswk-swf Marketingmanagement (DE-588)4168907-0 gnd rswk-swf Marketing (DE-588)4037589-4 gnd rswk-swf Strategisches Management (DE-588)4124261-0 gnd rswk-swf Marketingmanagement (DE-588)4168907-0 s Marketingstrategie (DE-588)4120697-6 s DE-604 Marketing (DE-588)4037589-4 s Strategisches Management (DE-588)4124261-0 s 1\p DE-604 Stern, Philip Verfasser aut Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014653680&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Doyle, Peter 1943-2003 Stern, Philip Marketing management and strategy Marketing Marketing Management Marketingstrategie (DE-588)4120697-6 gnd Marketingmanagement (DE-588)4168907-0 gnd Marketing (DE-588)4037589-4 gnd Strategisches Management (DE-588)4124261-0 gnd |
subject_GND | (DE-588)4120697-6 (DE-588)4168907-0 (DE-588)4037589-4 (DE-588)4124261-0 |
title | Marketing management and strategy |
title_auth | Marketing management and strategy |
title_exact_search | Marketing management and strategy |
title_exact_search_txtP | Marketing management and strategy |
title_full | Marketing management and strategy Peter Doyle and Philip Stern |
title_fullStr | Marketing management and strategy Peter Doyle and Philip Stern |
title_full_unstemmed | Marketing management and strategy Peter Doyle and Philip Stern |
title_short | Marketing management and strategy |
title_sort | marketing management and strategy |
topic | Marketing Marketing Management Marketingstrategie (DE-588)4120697-6 gnd Marketingmanagement (DE-588)4168907-0 gnd Marketing (DE-588)4037589-4 gnd Strategisches Management (DE-588)4124261-0 gnd |
topic_facet | Marketing Marketing Management Marketingstrategie Marketingmanagement Strategisches Management |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014653680&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT doylepeter marketingmanagementandstrategy AT sternphilip marketingmanagementandstrategy |