Description
Efnisyfirlit
- Cover
- Title Page
- Copyright Page
- Brief contents
- Contents
- Preface
- Acknowledgements
- Publisher’s acknowledgements
- PART 1 Understanding Marketing Management
- Chapter 1 Defining marketing for the new realities
- The value of marketing
- The scope of marketing
- Marketing’s role in creating demand
- European marketing realities
- Technology
- Globalisation
- Social responsibility
- A dramatically changed marketplace
- New consumer capabilities
- New company capabilities
- Marketing philosophy: production, selling, marketing and holistic marketing philosophies
- The production philosophy
- The selling philosophy
- The marketing philosophy
- The holistic marketing philosophy
- Overview of marketing management
- Case study of marketing management
- Chapter 2 Understanding marketing management within a global context
- What is management?
- The process of management
- Why is management difficult?
- What is marketing management?
- Valuing marketing within organisations
- Managing across the entire organisation
- Managing outsourced activities
- Managing networks and relationships
- Understanding global marketing management
- Deciding whether to go abroad
- Deciding how to enter the market
- Deciding which markets to enter
- Deciding on standardised or adapted marketing
- Managing in developing and low-income markets
- Chapter 3 Developing marketing strategies and plans
- Marketing and customer-perceived value
- Business environment paradigm change
- The value delivery process
- The value chain
- Core competencies
- A holistic marketing orientation and customer-perceived value
- The central role of corporate strategic planning
- Corporate and divisional strategic planning
- Defining the corporate mission
- Organisation and organisational culture
- Defining the business
- Assigning resources to each SBU
- Building the corporate business portfolio – assessing growth opportunities
- Marketing innovation
- Business unit strategic planning
- The business mission
- SWOT analysis
- Critique of conventional SWOT analysis
- Goal formulation
- Strategic formulation
- Programme formulation and implementation
- Feedback and control
- Change today, not tomorrow
- Questions
- The nature and content of a marketing plan
- Contents of the marketing plan
- Sample marketing plan: €uromart
- Introduction
- Chapter 4 Managing digital technology in marketing
- Understanding digital technologies within marketing management
- The range of technologies in marketing
- Information and interaction perspectives
- Managing digital technologies
- Evaluation and selection of digital technologies
- Supporting the adoption and implementation of digital technologies
- Uniting marketing and IT functions
- Future technologies: opportunities and challenges
- Part 1 Case study: Virgin Atlantic
- PART 2 Capturing Marketing Insights
- Chapter 5 The changing marketing environment and information management
- The company environment
- The marketing environment
- Analysing the macroenvironment
- The sociocultural and demographic environment
- The economic environment
- The social–cultural environment
- The ecological and physical environment
- The technological environment
- The political–legal environment
- Managing the marketing information system
- Components of a modern marketing information system
- Internal records
- The marketing intelligence system
- Databases, data warehousing and data mining
- Chapter 6 Managing market research and forecasting
- The marketing research system
- The marketing research process
- Step 1: define the problem, the decision alternatives and the research objectives
- Step 2: develop the research plan
- Step 3: collect the information
- Step 4: analyse the information
- Step 5: present the findings
- Step 6: make the decision
- Overcoming barriers to the use of marketing research
- Forecasting and demand measurement
- The measures of market demand
- Estimating current demand
- Estimating future demand
- Chapter 7 Analysing consumer markets
- The study of consumer behaviour
- Culture
- Social groups
- The individual consumer
- The interaction between dimensions
- Key psychological processes
- Motivation: Freud, Maslow, Herzberg
- Perception
- Learning
- Memory
- Perspectives on consumer behaviour
- The behaviourist perspective
- The information-processing perspective
- The emotional perspective
- The cultural perspective
- A multi-perspective approach
- The buying decision process: the five-stage model
- Problem recognition
- Information search
- Evaluation of alternatives
- Purchase decision
- Post-purchase behaviour
- Other theories of consumer decision making
- Level of consumer involvement
- Behavioural decision theory and behavioural economics
- Decision heuristics
- Framing
- Mental accounting
- Profiling consumer product buying and usage behaviour
- Chapter 8 Analysing business markets
- What is organisational buying?
- The business market versus the consumer market
- Buying situations
- Systems buying and selling
- Participants in the business buying process
- The buying centre
- Buying centre influences
- Targeting firms and buying centres
- The purchasing/procurement process
- Stages in the buying process
- Problem recognition
- General need description and product specification
- Supplier search
- Proposal solicitation
- Supplier selection
- Order-routine specification
- Performance review
- Managing business-to-business relationships
- The role of uncertainty in business relationships
- Transaction cost economics
- Network theory
- Vertical coordination
- Institutional and government markets
- Chapter 9 Dealing with competition
- Identifying competitors
- Analysing competitors
- Strategies
- Objectives
- Strengths and weaknesses
- Selecting competitors
- Selecting customers
- Competitive strategies for market leaders
- Expanding the total market
- Protecting market share
- Expanding market share
- Other competitive strategies
- Market-challenger strategies
- Market-follower strategies
- Market-nicher strategies
- Balancing customer and competitor orientations
- Competitor-centred companies
- Customer-centred companies
- Competing in an economic downturn
- Explore the upside of increasing investment
- Get closer to customers
- Review budget allocations
- Put forth the most compelling value proposition
- Fine-tune brand and product offerings
- Part 2 Case study: Cheese odour marketing
- PART 3 Connecting with Customers
- Chapter 10 Seeking and developing target marketing differentiation strategies
- Levels of market segmentation
- Segment group marketing
- Niche marketing
- Local marketing
- Individual marketing
- Bases for segmenting consumer markets
- Geographic segmentation
- Demographic segmentation
- Psychographic segmentation
- Behavioural segmentation
- Bases for segmenting business markets
- Market targeting
- Effective segmentation criteria
- Evaluating and selecting market segments
- Additional considerations
- Creating differentiation and positioning strategies
- Positioning
- Establishing category membership
- Choosing POPs and PODs
- Creating POPs and PODs
- Perceptual or positioning mapping
- What can positioning analysis do for a company’s business?
- Positioning maps
- Developing a positioning strategy
- Repositioning
- Developing and communicating a differentiation strategy
- Cost leadership
- Distinctive superior quality
- Cost leadership and quality differentiation
- Differentiation strategies
- The purpose of positioning
- Chapter 11 Creating customer value, satisfaction and loyalty
- Building customer value
- Customer-perceived value
- Building customer satisfaction
- Brand inertia and brand loyalty
- Total customer satisfaction
- Market offering quality dimension
- Maximising customer lifetime value
- Customer profitability
- Customer lifetime value – conceptual dream or real-time activity?
- Cultivating customer relationships
- Customer relationship management
- Attracting and retaining customers
- Building customer loyalty
- Improving loyalty
- Developing loyalty programmes
- The experience economy
- The value experience
- Interactive marketing
- Complexity of markets
- Emotional turn
- Chapter 12 Creating and managing brands and brand equity
- Understanding brand management
- What is a brand?
- The roles of brands
- Strategic brand management decisions
- Creating and managing brand identities: names, logos, slogans and images
- Brand narratives and storytelling
- Managing individual or house brand names
- Managing brand extensions
- Managing brand portfolios
- Brand reinforcing and revitalisation
- Growing, sustaining and managing brand equity
- Chapter 13 Digital and global brand management strategies
- What is a digital brand?
- Digital branding as a core management requirement
- Understanding the digital brand experience
- Understanding the consumer decision journey and digital branding
- Linking social networking and the consumer decision journey
- Digital brand communities
- Online brand communities’ member characteristics
- Managing global brands
- Factors leading to increased global branding
- Managing iconic global brands
- Operating a global brand strategy
- Part 3 Case study: San Pellegrino: delighting mineral water consumers
- PART 4 Shaping and Pricing the Market Offering
- Chapter 14 Designing, developing and managing market offerings
- Product life cycle marketing strategies
- Product life cycles
- Style, fashion and fad life cycles
- Marketing strategies: the introduction stage and the pioneer advantage
- Marketing strategies: the growth stage
- Marketing strategies: the maturity stage
- Marketing strategies: the decline stage
- Evidence on and critique of the product life cycle concept
- Critique of the product life cycle concept
- Market evolution
- Emergence
- Growth
- Maturity
- Decline
- Product characteristics and classifications
- Product levels: the customer-perceived value hierarchy
- Product/market offering classifications
- Differentiation
- Market offering differentiation
- Design differentiation
- Service differentiation
- Product and brand relationships
- The product/market offering hierarchy
- Product/market offering systems and mixes
- Product-line analysis
- Product-line length
- Co-branding and ingredient branding
- Packaging, labelling, warranties and guarantees
- Packaging
- Labelling
- Warranties and guarantees
- Chapter 15 Introducing new market offerings
- New market offering options
- Make or buy?
- Types of new product
- Challenges in new-product/market offering development
- The innovation imperative
- New product/market offering success
- New product/market offering failure
- Organisational arrangements
- Budgeting for new product development
- Organising new product/market offering development
- Managing the development process: Stage 1 – ideas
- Process stages
- Idea generation
- Idea screening
- Managing the development process: Stage 2 – concept to strategy
- Concept development and testing
- Marketing strategy development
- Business analysis
- Managing the development process: Stage 3 – prototype to commercialisation
- Product and market development
- Market testing
- Commercialisation and launch
- The consumer adoption process
- Stages in the process
- Factors influencing the process
- Chapter 16 Developing and managing pricing strategies
- Understanding pricing
- Pricing in a digital world
- How companies price
- Consumer psychology and pricing
- Setting the price
- Step 1: selecting the pricing objective
- Step 2: determining demand
- Step 3: estimating costs
- Step 4: analysing competitors’ costs, prices and offers
- Step 5: selecting a pricing method
- Step 6: selecting the final price
- Adapting the price
- Geographical pricing (cash, countertrade, barter)
- Price discounts and allowances
- Promotional pricing
- Differentiated pricing
- Initiating and responding to price changes
- Initiating price cuts
- Initiating price increases
- Responding to competitors’ price changes
- Part 4 Case study: Burberry
- PART 5 Communicating Value
- Chapter 17 Designing and managing non-personal marketing communications
- The role of marketing communications
- The changing marketing communications environment
- Non-personal marketing (mass communication)
- Marketing communications, brand equity and sales
- The communication process models
- Developing effective communications
- Identifying the target audience
- Deciding the communications mix objectives
- Designing the communications
- Selecting the communications channels
- Establishing the total marketing communications budget
- Selecting the marketing communications mix
- Characteristics of the mix
- Factors in setting the mix
- Developing and managing an advertising programme
- Setting objectives
- Deciding on the advertising budget and developing the advertising campaign
- Managing media matters
- Evaluating alternative media
- Evaluating advertising effectiveness
- Sales promotion
- Setting objectives
- Advertising versus sales promotion
- Major decisions
- Events, experiences, public and press relations
- Setting objectives
- Major sponsorship experiences
- Creating experiences
- Major decisions in marketing public relations
- Major decisions in marketing press relations
- Chapter 18 Managing personal communications
- Personal communications mix
- Paid, earned and owned media
- Direct marketing
- Personal selling
- Word-of-mouth (WOM) marketing
- Social media marketing
- Direct marketing
- Setting objectives
- The benefits of direct marketing
- Direct mail
- Catalogue marketing
- Telemarketing
- Other media for direct response marketing
- Public and ethical issues
- Interactive and online marketing communications
- Brave new world requires a deeper understanding of consumers
- Online marketing communications
- Developing and managing the personal sales force
- Setting objectives and strategy
- Sales force management issues
- Key principles of personal selling
- The six steps of selling
- Impact of social media technology
- Word-of-mouth (WOM) marketing
- Opinion leaders
- Social media marketing
- The growing importance of social media
- Social media platforms
- Online communities and forums
- Blogs
- Social platforms
- Developing a social media marketing plan
- Advantages and disadvantages of social media
- Evaluating the performance of social media marketing (metrics)
- Social media marketing trends
- Integrated marketing communications (IMC)
- Two-step flow of information
- Coordinating media
- Implementing IMC
- Implications of digital media for practitioners
- Marketing communications toolbox
- Managing an integrated marketing communications mix
- Part 5 Case study: Walkers crisps
- PART 6 Delivering Value
- Chapter 19 Designing and managing distribution channels and global value networks
- Managing distribution channels and value networks
- The importance of channels
- The role of distribution channel members
- Channel functions and flows
- Channel levels
- Service supply chain
- Channel-design decisions
- Analysing customer needs and wants
- Establishing objectives and constraints
- Identifying major channel alternatives
- Evaluating major channel alternatives
- Selecting and management channel members
- Selecting channel members
- Evaluating channel members
- Modifying channel design and arrangements
- Channel integration and systems
- Vertical marketing systems
- Managing conflict, cooperation and competition
- Types of conflict and competition
- Managing channel conflict
- Integrating multichannel and omnichannels
- Online, mobile and digital channel management
- Online-only companies
- Online and brick-and-click companies
- Exploring future technologies within distribution
- Chapter 20 Managing process, people and physical evidence
- Service process design and management
- Service process blueprint
- Managing variability within service process design
- Service process and customer satisfaction
- Understanding people management challenges
- Managing technology-supported interactions
- Training service personnel
- Hiring and managing service personnel
- Service personnel managing failure and recovery
- Co-creation of value: customer participation
- Service-level engagement
- Managing the physical evidence and experience environment
- Managing sensory marketing: using the five senses
- The future: managing and combining human and digital
- Part 6 Case study: Apple stores: delivering value
- PART 7 Managing Marketing Implementation and Control
- Chapter 21 Implementing marketing management
- Restructuring marketing practices
- Internal marketing
- Critique of internal marketing
- Organising the marketing department
- Relations with other departments
- Building a creative marketing organisation
- Taking the creative approach
- Building a creative culture
- Creativity – a mystical gift for some or something for all?
- Maintaining momentum
- Marketing implementation
- Leadership
- Methodology and making room for creativity
- Fostering a creative marketing culture
- Socially responsible marketing
- Corporate social responsibility
- Socially responsible business models
- Cause-related marketing
- Cause-marketing benefits and costs
- Social marketing
- Ethnic marketing
- Green marketing
- Digital and traditional marketing are inseparable
- The Internet of things
- Marketing revisited
- The marketing manager’s key tasks
- Quo vadis?
- Back to basics and some new perspectives
- Holding things together
- Getting started
- Chapter 22 Managing marketing metrics
- The need for marketing metrics
- What marketing metrics should do
- Measuring the past, the present or the future
- Measuring marketing performance and productivity
- Counting-based metrics
- Accounting-based metrics
- Outcome metrics
- Big data and social media metrics
- Corporate social responsibility
- Marketing dashboards
- Part 7 Case study: Unilever: implementing and measuring corporate sustainability
- Glossary
- Index