There are no longer keyfactors that consumers need to consider when buying decision.b Product line: Trang 2 narrow product line when the company found that some types of products does n
Chuyên đề Sản phẩm – dịch vụ trong Marketing CONTENT 1 Explain the following: (a) Production concept: Manufacturing philosophy holds that consumers will favor products which are available for use and widely distributed at low cost Therefore, the marketing management should focus on boosting manufacturing and distributing products Points about the teenage consumer focused primarily on the availability and low price of the product often explained by two main reasons First, when demand for a product exceeds the supply, it is commonly in developing countries Buyers will pay much attention to getting the product to consumers rather than focus on the attributes economics of product quality Therefore, manufacturers will focus on increasing production scale to increase the desired sales volume and profitability Second is the high production costs and the need to reduce down, businesses seeking to increase production to achieve economies of scale and thereby expand the market Henry Ford was one of the pioneers in producing marketing concepts Since 1900, he has focused its efforts on perfecting the mass production of automobiles in order to reach lower costs, so that more Americans can afford them This orientation is also a key strategy of many Japanese companies However, this philosophy will be very difficult to implement if all provinces encounter situations that demand greater than supply capability, and low prices as well as the ease of shopping (due to widely distributed There are no longer key factors that consumers need to consider when buying decision (b) Product line: A group of products is closely related because they perform a similar function, sell the same customer groups through the same channel or create a specific price bracket Depending on market conditions, competition and the ability of businesses makes decisions about product lines For example, the decision to 1 narrow product line when the company found that some types of products does not guarantee satisfying customer needs , and it does not bring profitable for the business Or expand the business product line in order to increase product selection to satisfy the needs of different customer groups Or modernized product line by eliminating the obsolete product categories , and introduce innovative new products It can be seen clearly through the products of electronic equipment manufacturers such as product line Iphone ,Ipad Apple or Samsung 's Galaxy lineup running Samsung's Android operating system with many products produced from secondary to higher level (c) Augmented product: Products of every business there are often differences in physical factors or psychological factors (depending on the characteristics of the industry , the views and the businesses that they focus on these factors in ways different ways) It can be considered in three product levels: core product , product specific , incremental product To increase customer awareness of product quality and customer satisfaction of products , businesses often provide customers with the services and additional benefits such as warranty , installation , information , counseling , delivery , purchase credit They are considered as a component of the product contributes to the finished product Many companies produce cars or electronics use this extra element to increase competitiveness Or to ensure the growth and survival of business telecommunications world is now focused on improving and diversifying value added as video calls, music , Mobile TV & Video , Game , Network social ( social mobile networking) , search ( mobile search ) , mobile blogs , chat , email , mobile banking , mobile tickets , mobile advertising (d) Social marketing concept: Social marketing concept holds that the task now is to determine the needs, wants and interests of target markets and delivering satisfaction to expect a result and more efficient rivals competition , in a way trying to preserve or enhance the 2 welfare of consumers and society Previously businesses put their marketing decisions based on the fundamental calculations of profit before his eyes Then they realize the importance of the long term to satisfy the wishes of our customers and this has led to marketingphilosophy Today they started putting factor in social benefits to the business decision making of enterprises Social marketing concept arises from the suspicion that pure marketing philosophy has established a business philosophy that would be appropriate or not? during the times of environmental pollution , resource depletion , overpopulation and lack of social service work In the realization, serve and satisfy the same requirements, whether business has always been based on the long-term benefits of good consumer and society or not ? Purely a marketing philosophy can dismiss the conflict between desire immediate and long-term happiness of the consumer Social marketing concept requires marketers to balance three objectives when designing the marketing policy: customer satisfaction, contribute to the achievement of corporate profits and ensure social welfare Thus, marketing activities will be significantly better with the longer-term benefits 2 Explain various concepts of marketing with suitable examples Marketing occurs everywhere; it touches us day after day However, it is understood very differently by many fields and sometimes, there are misconceptions in business Many people believe that marketing is advertising, the sale or market research, since these activities spread out and deal with people regularly This thinking only describes a small part rather than the entire marketing activities Marketing covers many areas Thus, it is set by many sides; there are various different definitions of marketing We only review the basic definitions First of all, we understand marketing as a social process management, in which the individual or group will receive what they need through creating and exchanging products and value with others To explain, understand marketing, we will look at some important terms such as need, want, demand, product, customer value, satisfaction, exchange, transaction, market 3 Marketing is one of the most fascinating topics in the business world for six decades and there are many different ways to define marketing The new marketing concepts have always appeared as a reaction before changing business environment When marketing appears for a long times, people have conceived consumption activities and sales This condition is only true in underdeveloped economy Moreover, businesses are only interested in the production of many products and profitable revenue through the sale of products Typically this is the traditional view: - Definition of John H Crihton (Australia): “Marketing is the process of providing the right product, correct channel or channels, exact time and accurate place” - Definition of Wolfgang J Koschnik (Dictionary of marketing): “Marketing is the conduct of business activities directly related to the flow of goods and services from producers to consumers” Modern Marketing directly concern to customers and satisfy customer needs Today, customers have more power than ever before They can control where, when and how the products or services have sold It means that they will have more choices, and absolutely, they rarely loyal to a certain brand The some modern views of marketing experts around the world such as: - According to I Ansoff, a marketing researcher of the United Nations: “Marketing is entirely the science operating business activities from production to consumption Actually, it based on market fluctuations or in other words, it takes market to orient.” - Peter Drucker's definition: “The purpose of marketing is not necessary to push consumption Its goal is to recognize and understand the customers carefully in order to goods or services will satisfy the likings of customers and they have consumed themselves” - Definition of William M Pride: “Marketing is the process of creation, distribution, pricing, promote the product, the service, the creative idea to satisfy the exchange relations in a dynamic environment” 4 - Definition of Philip Kotler: “Marketing is a social process in which individuals or groups can get what they need through the creation and exchange free products and services with value to others” - Definition of The American Marketing Association-AMA: “Marketing is the process of operation and management of setting the price, marketing and distribution of ideas, goods and services to create the transaction to satisfy the objectives of individuals and organizations” - Definition of The Japan Marketing Association-JMA: “Marketing is an integrated activity through which businesses or other organizations - have a strategic vision and customer insights will create market their case by way of fair competition” - Definition of England Institute of Marketing (The Chartered Institute of Marketing-CIM): “Marketing organizes functionally and entirely manages business and manufacturing activities from discovering and purchasing power buying into essential needs about specific commodities to produce and goods to the final consumer in order to ensure business profits expected” - The definition of the Malaysia Management Institute: “marketing is connecting art, applying the necessary effort to discover, create, satisfy and raise customer needs to make a profit” Thus, marketing formed two different views in the process of developing: traditions and modern marketing The difference between these two perspectives is presented as follows: Criteria Traditional Marketing Modern Marketing The starting point Manufacturer market The interest subject product Customer demand Means to achieve Sell product and Marketing Synthesis General goal promotion efforts The final goal Profit through increased Profit through satisfying the needs sales amount of consumers and social benefits In summary, it can be seen that the marketing industry has gone through many stages with countless new concepts Clearly, the dynamics of marketing and 5 persistent determination of marketers in the development of new ways to understand the changes of the market, customers, competitors and partners has created many tools and new knowledge 3 Explain market segmentation with suitable examples Market segmentation divides the market to large-scale, heterogeneous according to certain criteria into separate market segments In each market segment, there has the uniformity of characteristics, needs, tastes, behavior Market segmentation of a product makes the market place becoming homogeneous pieces Moreover, it helps businesses to identify customer needs in each segment through research, analysis and market segment Since then, the business can choose one or several market segments suitable with their abilities to do targeted market Basing on Market segmentation, it helps businesses focus on resources to formulate and carry out activities of marketing mix and match in order to exploit the maximum serving the needs of selected market segments To achieve maximum benefit, Market segmentation must have five characteristics following: - Identifiability: The size, purchasing power and the characteristics of the market segments are measured For example, measuring the scale of teens smoking segmentation is not easy because smokers mainly oppose their parents and not willing to cooperate with the Marketers who research their smoking behaviors - Substantiability: The market segment must be large enough and it creates profitable worthy enough to serve For example, an automobile manufacturer did not give much thought to segment the lefties, because the number is not large enough to form a separate segment - Accessibility: The market segment has to reach and serve effectively Perfume company supposed users are the single women who often come into the bar at night and These women are very difficult to access unless they live and work in certain places and in contact with certain media - Differentiability: The market segment varies in concept and responds to different marketing-mix elements and various marketing programs If the woman 6 has no family and family reacts similar to table salt and fur coats As the results, they cannot belong to a separate market segment - Stability and actionability: The single market has to stabilize and Marketer can build effective programs to attract and serve these markets For example, a small airline discovered seven market segments, but their payroll is too small to build a separate marketing program for each market segment So serve this market segment seven is not feasible Depending on the characteristics of the market, the product's characteristics, the ability of the enterprise can choose the following criteria for market segmentation For example, can summarize the target group segmentation of consumption markets in Table 3.1 Table 3.1: The main criteria to segment the consumption market Criteria The typical division geography North, The Middle , South, mountainous, Region midland, and plains Urban scale, province, city (people) 65 Sex Male, Female Family size 1-2, 3-4, ≥ 5 people Income (USD / month)