Description
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- Title Page
- Copyright
- Dedication
- Brief Contents
- Contents
- Preface
- About the Authors
- Part 1: Understand the Value Proposition
- Chapter 1. Welcome to the World of Marketing: Create and Deliver Value
- Real People, Real Choices: Suzanne McFadden
- Marketing: What Is It?
- “Marketing Is the Activity, Set of Institutions, and Processes …”
- “… for Creating, Communicating, Delivering, and Exchanging …”: The Marketing Mix
- “… Offerings …”: What Can We Market?
- “… Value for Customers …”
- When Did Marketing Begin? The Evolution of a Concept
- The Production Era
- The Sales Era
- The Relationship Era
- The Triple-Bottom-Line Era
- What’s Next in the Evolution of Marketing?
- The Value of Marketing and the Marketing of Value
- Value from the Customer’s Perspective
- Value from the Seller’s Perspective
- Value from Society’s Perspective
- Marketing as a Process
- Disruptive Marketing
- Brand You: A Framework for Managing Your Career
- Starting the Brand You Process
- Applying Marketing Concepts to Brand You
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at StockX
- Chapter 2. Global, Ethical, and Sustainable Marketing
- Real People, Real Choices: Tom Szaky
- Take a Bow: Marketing on the Global Stage
- World Trade
- Should We Go Global?
- Understand International, Regional, and Country Global Trade Controls
- Initiatives in International Cooperation and Regulation
- Analyze the External Marketing Environment
- The Economic Environment
- The Technological Environment
- The Political and Legal Environment
- The Sociocultural Environment
- Disruption in the Global Marketplace
- How “Global” Should a Global Marketing Strategy Be?
- Company-Level Decisions: The Market Entry Strategy
- Marketing Mix Strategies: To “P” or Not to “P?”
- Ethics Is Job One in Marketing Planning
- Ethical Philosophies
- Codes of Business Ethics
- Is Marketing Unethical?
- When Is a Bribe Not a Bribe? Ethical Issues for Global Business
- Sustainability: Marketers Do Well by Doing Good
- Sustainability Is a Sensible Business Decision
- Developing a Sustainable Marketing Mix
- Sustainable Customer Behavior
- Brand You: Finding the Right Fit
- Organizational Culture
- Differences among Industries
- Landing a Job Overseas
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Walmart
- Chapter 3. Strategic Market Planning
- Real People, Real Choices: Robert “Navy Bob” Roncska
- Business Planning: Compose the Big Picture
- The Three Levels of Business Planning
- Strategic Planning: Frame the Picture
- Step 1: Define the Mission, Vision, and Values
- Step 2: Evaluate the Internal and External Environment
- Step 3: Set Organizational or SBU Objectives
- Step 4: Establish the Business Portfolio
- Step 5: Develop Growth Strategies
- Market Planning: Develop and Execute Marketing Strategy
- Step 1: Perform a Situation Analysis
- Step 2: Set Marketing Objectives
- Step 3: Develop Marketing Strategies: Target Markets and the Marketing Mix
- Step 4: Implement and Control the Marketing Plan
- Action Plans
- Operational Planning: Day-to-Day Execution of Marketing Plans
- Agile Marketing and the Strategic Market Planning Process
- Digital Disruption and Strategic Market Planning
- Make Your Life Easier! Use the Market Planning Template
- Brand You: Planning Your Career
- Your Personal Strategic Plan
- From Strategic Planning to Success
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at P&G
- Chapter 3 Supplement: Build a Marketing Plan
- Part 2: Determine the Value Propositions Different Customers Want
- Chapter 4. Market Research
- Real People, Real Choices: Cindy Bean
- Knowledge Is Power
- Disruption and Market Research
- The Marketing Information System
- Evidence-Based Decision Making in Marketing
- Steps in the Market Research Process
- Step 1: Define the Research Problem
- Step 2: Determine the Research Design
- Step 3: Choose the Method to Collect Primary Data
- Step 4: Design the Sample
- Step 5: Collect the Data
- Step 6: Analyze and Interpret the Data
- Step 7: Prepare the Research Report
- Brand You: Career and Internship Information and Research
- Good Research Strategies
- How to Begin and End Your Search
- Gathering Information Online and Offline
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at LEGO
- Chapter 5. Marketing Analytics: Welcome to the Era of Data-Driven Insights!
- Real People, Real Choices: Josh Barbieri
- Customer Relationship Management (CRM): A Key Decision Tool for Marketers
- Why Is CRM So Effective?
- Measuring Marketing Success
- Big Data: Zettabytes Rule
- Big Data Creation, Sources, and Usage
- Data Mining
- Primary Data Types for Data Mining
- Data Mining: Applications for Marketers
- Data Scientists: Transforming Big Data into Winning Information
- Augmented Intelligence: Enhancing Consumer Experiences with Big Data
- Reality Check for Marketers: Ethical Considerations in Using Big Data
- A Primer on Analytics
- Connect Digital Marketing Channels to Marketing Analytics
- Connect with Consumers across Digital Marketing Channels
- Marketing Accountability within Digital Marketing Channels: A Specialty Headphones Example
- Marketing Accountability within Nondigital Marketing Channels
- Predictive Analytics
- Brand You: Creating, Organizing, and Mining Your Personal Career Big Data—For the Lifetime of Your
- Customer Acquisition
- Customer Retention
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Spotify
- Chapter 5 Supplement: CRM Metrics and Key Performance Indicators (KPIs)
- Chapter 6. Understand Consumer and Business Markets
- Real People, Real Choices: Dondeena Bradley
- The Consumer Decision-Making Process
- Not All Decisions Are the Same
- Step 1: Problem Recognition
- Step 2: Information Search
- Step 3: Evaluation of Alternatives
- Step 4: Product Choice
- Step 5: Postpurchase Evaluation
- The Hive Mind: Consumer Decision Making in the Digital Age
- Changes in Consumer Decision Making: Welcome to AI
- Internal Influences on Consumers’ Decisions
- Perception
- Motivation
- Learning
- Attitudes
- Personality and the Self: Are You What You Buy?
- Age
- Lifestyle
- Situational and Social Influences on Consumers’ Decisions
- Situational Influences
- Social Influences on Consumers’ Decisions
- Values (Again)
- Business Markets: Buying and Selling When the Customer Is Another Organization
- Types of Business-to-Business Customers
- Factors That Make a Difference in Business Markets
- B2B Demand
- Business Purchase Situations and the Business Buying Decision Process
- The Buyclass Framework
- Professional Buyers and Buying Centers
- The Business Purchase Decision Process
- B2B E-Commerce and Social Media
- Brand You: Why Employers Buy
- Step 1: Understand the Employer’s Decision Process
- Step 2: Understand the Process of Creating Brand You
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Anheuser-Busch InBev
- Chapter 7. Segmentation, Target Marketing, and Positioning
- Real People, Real Choices: Jen Sey
- Target Marketing: Select and Enter a Market
- Step 1: Segmentation
- Segment Consumer Markets
- Demographic Segmentation: By Age
- Segment B2B Markets
- Disruption in Segmentation: When Everybody’s a Segment of One
- Step 2: Targeting
- Phases of Targeting
- Step 3: Positioning
- Steps in Positioning
- Perceptual Maps
- Brand You: Sharpening Your Focus with Target Marketing
- Target Marketing
- Bringing Your Personal Brand to Life
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at ThirdLove
- Part 3: Develop the Value Proposition for the Customer
- Chapter 8. Product I: Innovation and New Product Development
- Real People, Real Choices: Sheryl Adkins-Green
- Build A Better Mousetrap—and Add Value
- Layers of the Product Concept
- How Marketers Classify Products
- How Long Do Products Last?
- How Do Consumers Buy Products?
- How Do Businesses Buy Products?
- Disruption in Marketing: Innovation and Design Thinking Now Drive Product Success
- Types of Innovations
- New Product Development
- Phase 1: Ideation (or Idea Generation)
- Phase 2: Product Concept Development and Screening
- Phase 3: Marketing Strategy Development
- Phase 4: Business Analysis
- Phase 5: Technical Development
- Phase 6: Market Test
- Phase 7: Commercialization
- Adoption and Diffusion of New Products
- Stages in Consumers’ Adoption of a New Product
- Adopter Categories
- Product Factors That Affect the Rate of Adoption
- Brand You: Creating Your Value Proposition
- Add to Your Product Layers
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Nature On Tap
- Chapter 9. Product II: Product Strategy, Branding, and Product Management
- Real People, Real Choices: Aaron Keller
- Product Planning: Develop Product Objectives and Product Strategy
- Getting Product Objectives Right
- Objectives and Strategies for Individual Products
- Objectives and Strategies for Multiple Products
- Product Mix Strategies
- Quality as a Product Objective: TQM and Beyond
- Marketing Throughout the Product Life Cycle
- Introduction Stage
- Growth Stage
- Maturity Stage
- Decline Stage
- Branding and Packaging: Create Product Identity
- What’s in a Name (or a Symbol)?
- Why Brands Matter
- Branding Strategies
- Disruption in Branding: Toward Social Justice and Marketing’s Responses
- Packages and Labels: Branding’s Little Helpers
- Organize for Effective Product Management
- Manage Existing Products
- Organize for New Product Development
- Brand You: Managing the Product—You
- Your Value Proposition—The Key to Success
- Launch Your Career with Marketable Skills
- Manage Your Career by Remaining Employable
- Communicate Your Value
- Going Up!
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Helen of Troy
- Chapter 10. Price: What Is the Value Proposition Worth?
- Real People, Real Choices: Imad Khalidi
- “Yes, but What Does It Cost?”
- What Is Price?
- Step 1: Develop Pricing Objectives
- Costs, Demand, Revenue, and the Pricing Environment
- Step 2: Estimate Demand
- Step 3: Determine Costs
- Step 4: Examine the Pricing Environment
- Identify Strategies and Tactics to Price the Product
- Step 5: Choose a Pricing Strategy
- Step 6: Develop Pricing Tactics
- Pricing and Innovations in Payment for E-Commerce
- Pricing Advantages for Online Shoppers
- Dynamic Pricing Strategies
- Online Auctions
- Freemium Pricing Strategies
- Internet Price Discrimination
- Innovations in Payment Systems
- Disruption on the Consumer Side of the Exchange
- Psychological, Legal, and Ethical Aspects of Pricing
- Psychological Issues in Setting Prices
- Psychological Pricing Strategies
- Legal and Ethical Considerations in B2C and C2C Pricing
- Legal Issues in B2B Pricing
- Price-Fixing
- Predatory Pricing
- Brand You: How Much Are You Worth?
- Step 1: Realistic Expectations
- Step 2: Know What You’re Worth
- Step 3: Know How Much You Need
- Salary Question Dos and Don’ts
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at United Airlines
- Chapter 10 Supplement: Marketing Math
- Part 4: Deliver and Communicate the Value Proposition
- Chapter 11. Deliver the Goods: Determine the Distribution Strategy
- Real People, Real Choices: Michael Ford
- Types of Distribution Channels and Wholesale Intermediaries
- Functions of Distribution Channels
- The Evolution of Distribution Functions
- Types of Distribution Channels
- Distribution Channels and the Marketing Mix
- Ethics in the Distribution Channel
- Develop a Channel Strategy
- Step 1: Develop Distribution Objectives
- Step 2: Evaluate Internal and External Environmental Influences
- Step 3: Choose a Distribution Strategy
- Step 4: Develop Distribution Tactics
- Logistics and the Supply Chain
- The Lowdown on Logistics
- Place: Pulling It All Together through the Supply Chain
- Disruption in Logistics and Supply Chain
- Brand You: Delivering Your Value Proposition
- Step 1: Study the Company
- Step 2: Prepare Good Questions and Good Answers
- Step 3: Close the Interview
- Step 4: Follow Up
- How to Dress and What to Bring
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Rent the Runway
- Chapter 12. Deliver the Customer Experience
- Real People, Real Choices: Paula Hopkins
- The Customer Experience Is Everything!
- Customer Journey Mapping
- Retailing, 21St-Century Style
- Retailing: A Mixed (Shopping) Bag
- The Evolution of Retailing
- Types of Retailers
- Classifying Retailers by What They Sell
- Classifying Retailers by Level of Service
- Major Brick-and-Mortar Retailing Formats
- B2C E-Commerce and Other Types of Nonstore Retailers
- B2C E-Commerce
- Benefits of B2C E-Commerce
- Limitations of B2C E-Commerce
- The Evolution Continues: What’s “In Store” for the Future?
- Economic Evolution
- Customer Evolution
- Technological Evolution
- Ethical Problems in Retailing
- Dishonest Behaviors
- Ethical Treatment of Customers
- Other Ethical Issues in B2C and C2C Retailing
- Fair Trade: Retailing and Global Social Responsibility
- Selling What Isn’t There: Services and Other Intangibles
- Marketing Services
- The Service Encounter
- How We Provide Quality Service
- Marketing People, Places, and Ideas
- The Future of Services
- Disruption in Retail
- Brand You: Evaluating and Finalizing Your Offer
- Salary Discussions
- Evaluating the Offer
- But Is It the Right Offer for YOU?
- Negotiating an Offer
- Accepting the Offer
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Lululemon Athletica
- Chapter 13. Promotion I: Planning and Advertising
- Real People, Real Choices: Sara Bamossy
- Communication Models in a Digital World That Is “Always On”
- The Communication Process
- Updated Web 2.0 Communication
- The Promotion Mix
- Mass Communication: The One-to-Many Model
- Personal Communication: The One-to-One Model
- An Overview of Promotion Planning
- Step 1: Identify the Target Audience(s)
- Step 2: Establish the Communication Objectives
- Step 3: Determine and Allocate the Marketing Communication Budget
- Step 4: Design the Promotion Mix
- Step 5: Evaluate the Effectiveness of the Communication Program
- Multichannel Promotion Strategies
- Advertising
- Types of Advertising Based on Marketing Goals
- Who Creates Advertising?
- User-Generated Advertising Content
- Ethical Issues in Advertising
- Develop the Advertising Campaign
- Where to Say It: Traditional Mass Media
- Comparing Traditional Media Vehicles
- Where to Say It: Branded Entertainment
- Where to Say It: Support Media
- Where to Say It: Digital Media
- Ethical Issues in Digital Media Advertising
- When and How Often to Say It: Media Scheduling
- Disruption in Advertising
- Direct Marketing
- Mail Order
- Direct Mail
- Telemarketing
- Direct-Response Advertising
- M-Commerce
- Brand You: Developing a Personal Marketing Communication Plan
- Step 1: Your Job Search: What “Media” to Use
- Step 2: Advertising: Developing Your Marketing Communication Messages
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Nestlé
- Chapter 14. Promotion II: Social Media Platforms and Other Promotion Elements
- Real People, Real Choices: Andrew Mitchell
- Social Media Marketing
- Social Media
- Social Networks
- Location-Based Social Networks and Mobile Apps
- The Internet of Things
- Disruption in Storytelling
- Sales Promotion
- Sales Promotion Directed toward Consumers
- Trade Sales Promotion: Targeting the B2B Customer
- Personal Selling: Adding the Personal Touch to the Promotion Mix
- The Role of Personal Selling in the Marketing Mix
- Technology and Personal Selling
- Future Trends in Professional Selling
- Types of Sales Jobs
- Two Approaches to Personal Selling
- The Creative Selling Process
- Public Relations
- Plan a PR Campaign
- PR Tactics
- Buzz Marketing
- Evaluation of a PR Campaign
- Brand You: How Networking Can Help You Achieve Your Career Goals
- Networking—How It Works
- Where to Start Networking
- How LinkedIn Can Help You Build Your Network
- Other Ways to Enhance Networking
- Objective Summaries and Key Terms
- Chapter Questions and Activities
- Marketing in Action Case: Real Choices at Brud
- Appendix Marketing Plan: The S&S Smoothie Company
- Glossary
- Name Index
- Subject Index