Principles of Marketing, European Edition

Höfundur Phil T. Kotler; Nigel Piercy; Gary Armstrong; Lloyd C. Harris; Hongwei He

Útgefandi Pearson International Content

Snið ePub

Print ISBN 9781292269566

Útgáfa 8

Höfundarréttur 2020

4.890 kr.

Description

Efnisyfirlit

  • Cover Page
  • Title Page
  • Copyright Page
  • Brief contents
  • Contents
  • Preface
  • About the authors
  • Acknowledgements
  • Part 1 Defining marketing and the marketing process
  • 1 Marketing: creating customer value and engagement
  • Chapter preview
  • Learning outcomes
  • What is marketing?
  • Marketing defined
  • The marketing process
  • Understanding the marketplace and customer needs
  • Customer needs, wants and demands
  • Market offerings – products, services and experiences
  • Customer value and satisfaction
  • Exchanges and relationships
  • Markets
  • Designing a customer value-driven marketing strategy and plan
  • Selecting customers to serve
  • Choosing a value proposition
  • Marketing management orientations
  • Preparing an integrated marketing plan and programme
  • Building customer relationships
  • Customer relationship management
  • Partner relationship management
  • Capturing value from customers
  • Creating customer loyalty and retention
  • Growing share of customer
  • Building customer equity
  • The changing marketing landscape
  • The digital age: online, mobile and social media marketing
  • Social media marketing
  • Mobile marketing
  • The changing economic environment
  • The growth of not-for-profit marketing
  • Rapid globalisation
  • Sustainable marketing – the call for more environmental and social responsibility
  • So, what is marketing? Pulling it all together
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: The ALS Ice Bucket Challenge
  • Marketing ethics: is Big Brother watching?
  • Marketing by numbers: what’s a customer worth?
  • Video case: Eskimo Joe’s
  • References
  • Company case: Argos: creating customer value amid change and turbulence
  • 2 Company and marketing strategy: partnering to build customer engagement, value and relationships
  • Chapter preview
  • Learning outcomes
  • Company-wide strategic planning: defining marketing’s role
  • Defining a market-oriented mission
  • Setting company objectives and goals
  • Designing the business portfolio
  • Planning marketing: partnering to build customer relationships
  • Partnering with other company departments
  • Partnering with others in the marketing system
  • Marketing strategy and the marketing mix
  • Customer value-driven marketing strategy
  • Developing an integrated marketing mix
  • Managing the marketing effort
  • Marketing analysis
  • Marketing planning
  • Marketing implementation
  • Marketing department organisation
  • Marketing control
  • Measuring and managing marketing return on investment
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: Google’s (Alphabet’s) mission
  • Marketing ethics: creating value or distracting consumers?
  • Marketing by numbers: profitability
  • Video case: Konica
  • References
  • Company case: LEGO: one more brick in the wall?
  • Part 2 Understanding the marketplace and consumers
  • 3 Analysing the marketing environment
  • Chapter preview
  • Learning outcomes
  • The microenvironment
  • The company
  • Suppliers
  • Marketing intermediaries
  • Competitors
  • Publics
  • Customers
  • The macroenvironment
  • The demographic environment
  • Geographic shifts in population
  • The economic environment
  • The natural environment
  • The technological environment
  • The political and social environment
  • The cultural environment
  • Responding to the marketing environment
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: sharing economy
  • Marketing ethics: how young is too young?
  • Marketing by numbers: tiny markets
  • References
  • Company case: Fitbit: riding the fitness wave to glory
  • 4 Managing marketing information to gain customer insights
  • Chapter preview
  • Learning outcomes
  • Marketing information and customer insights
  • Marketing information and today’s ‘big data’
  • Managing marketing information
  • Assessing marketing information needs
  • Developing marketing information
  • Internal data
  • Competitive marketing intelligence
  • Marketing research
  • Defining the problem and research objectives
  • Developing the research plan
  • Gathering secondary data
  • Primary data collection
  • Implementing the research plan
  • Interpreting and reporting the findings
  • Analysing and using marketing information
  • Customer relationship management (CRM)
  • Big data and marketing analytics
  • Distributing and using marketing information
  • Other marketing information considerations
  • Marketing research in small businesses and non-profit organisations
  • International marketing research
  • Public policy and ethics in marketing research
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: the trail you leave behind
  • Marketing ethics: metadata
  • Marketing by numbers: the value of information
  • Video case: Nielsen
  • References
  • Company case: Holland & Barrett: choosing the good life! by Dr Eleri Rosier, Cardiff University
  • 5 Consumer markets and buyer behaviour
  • Chapter preview
  • Learning outcomes
  • Model of consumer behaviour
  • Characteristics affecting consumer behaviour
  • Cultural factors
  • Social factors
  • Personal factors
  • Psychological factors
  • Types of buying decision behaviour
  • Complex buying behaviour
  • Dissonance-reducing buying behaviour
  • Habitual buying behaviour
  • Variety-seeking buying behaviour
  • The buyer decision process
  • Need recognition
  • Information search
  • Evaluation of alternatives
  • Purchase decision
  • Post-purchase behaviour
  • The buyer decision process for new products
  • Stages in the adoption process
  • Individual differences in innovativeness
  • Influence of product characteristics on rate of adoption
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussion the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: digital influencer credibility
  • Marketing ethics: ultimate water
  • Marketing by numbers: evaluating alternatives
  • Video case: IMG Worldwide
  • References
  • Company case: Porsche: guarding the old while bringing in the new
  • 6 Business markets and business buyer behaviour
  • Chapter preview
  • Learning outcomes
  • Business markets
  • Market structure and demand
  • Nature of the buying unit
  • Types of decisions and the decision process
  • Business buyer behaviour
  • Major types of buying situations
  • Participants in the business buying process
  • Major influences on business buyers
  • The business buying process
  • Engaging business buyers with digital and social marketing
  • E-procurement and online purchasing
  • Business-to-business digital and social media marketing
  • Institutional and government markets
  • Institutional markets
  • Government markets
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: e-procurement and mobile procurement
  • Marketing ethics: commercial bribery
  • Marketing by numbers: salespeople
  • Video case: Eaton
  • References
  • Company case: Procter & Gamble: treating business customers as strategic partners
  • Part 3 Designing a customer value-driven strategy and mix
  • 7 Customer-driven marketing strategy: creating value for target customers
  • Chapter preview
  • Learning outcomes
  • Customer-driven marketing strategy
  • Market segmentation
  • Segmenting consumer markets
  • Segmenting business markets
  • Segmenting international markets
  • Requirements for effective segmentation
  • Market targeting
  • Evaluating market segments
  • Selecting target market segments
  • Differentiation and positioning
  • Positioning maps
  • Choosing a differentiation and positioning strategy
  • Communicating and delivering the chosen position
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: get your Groupon
  • Marketing ethics: unrealistic bodies
  • Marketing by numbers: USAA
  • References
  • Company case: Volvo cars
  • 8 Products, services and brands: building customer value
  • Chapter preview
  • Learning outcomes
  • What is a product?
  • Products, services and experiences
  • Levels of product and services
  • Product and service classifications
  • Product and service decisions
  • Individual product and service decisions
  • Product line decisions
  • Product mix decisions
  • Services marketing
  • The nature and characteristics of a service
  • Marketing strategies for service firms
  • Branding strategy: building strong brands
  • Brand equity and brand value
  • Building strong brands
  • Managing brands
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: feeding pets from your smartphone
  • Marketing ethics: geographical indication
  • Marketing by numbers: Pop-Tarts Gone Nutty!
  • References
  • Company case: Telenor Health and Tonic digital health services by Ilma Nur Chowdhury, Alliance Manchester Business School, The University of Manchester
  • 9 Developing new products and managing the product life cycle
  • Chapter preview
  • Learning outcomes
  • New product development strategy
  • The new product development process
  • Idea generation
  • Idea screening
  • Concept development and testing
  • Marketing strategy development
  • Business analysis
  • Product development
  • Test marketing
  • Commercialisation
  • Managing new product development
  • Customer-centred new product development
  • Team-based new product development
  • Systematic new product development
  • Product life-cycle strategies
  • Introduction stage
  • Growth stage
  • Maturity stage
  • Decline stage
  • Additional product and service considerations
  • Product decisions and social responsibility
  • International product and services marketing
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: telemedicine
  • Marketing ethics: put on your thinking caps!
  • Marketing by numbers: dental house-calls
  • References
  • Company case: Dyson: reinventing continuously, by Yansong Hu, Warwick Business School
  • 10 Pricing: understanding and capturing customer value
  • Chapter preview
  • Learning outcomes
  • What is a price?
  • Major pricing strategies
  • Customer value-based pricing
  • Cost-based pricing
  • Competition-based pricing
  • Other internal and external considerations affecting price decisions
  • Overall marketing strategy, objectives and mix
  • Organisational considerations
  • The market and demand
  • The economy
  • Other external factors
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: online price tracking
  • Marketing ethics: the cost of a life
  • Marketing by numbers: reseller margins
  • References
  • Company case: Cath Kidston: nostalgic fantasy that creates value for consumers
  • 11 Pricing strategies: additional considerations
  • Chapter preview
  • Learning outcomes
  • New product pricing strategies
  • Market-skimming pricing
  • Market-penetration pricing
  • Product mix pricing strategies
  • Product line pricing
  • Optional-product pricing
  • Captive-product pricing
  • By-product pricing
  • Product bundle pricing
  • Price adjustment strategies
  • Discount and allowance pricing
  • Segmented pricing
  • Psychological pricing
  • Promotional pricing
  • Geographical pricing
  • Dynamic and online pricing
  • International pricing
  • Price changes
  • Initiating price changes
  • Responding to price changes
  • Public policy and pricing
  • Pricing within channel levels
  • Pricing across channel levels
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: extreme couponing
  • Marketing ethics: airfare pricing
  • Marketing by numbers: Louis Vuitton price increase
  • References
  • Company case: Dacia: the birth of a nifty little Carpathian warrior, by Dr Cristina Sambrook, Birmingham Business School
  • 12 Marketing channels: delivering customer value
  • Chapter preview
  • Learning outcomes
  • Supply chains and the value delivery network
  • The nature and importance of marketing channels
  • How channel members add value
  • Number of channel levels
  • Channel behaviour and organisation
  • Channel behaviour
  • Vertical marketing systems
  • Horizontal marketing systems
  • Multi-channel distribution systems
  • Changing channel organisation
  • Channel design decisions
  • Analysing consumer needs
  • Setting channel objectives
  • Identifying major alternatives
  • Evaluating the major alternatives
  • Designing international distribution channels
  • Channel management decisions
  • Selecting channel members
  • Managing and motivating channel members
  • Evaluating channel members
  • Public policy and distribution decisions
  • Marketing logistics and supply chain management
  • Nature and importance of marketing logistics
  • Sustainable supply chains
  • Goals of the logistics system
  • Major logistics functions
  • Integrated logistics management
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: self-publishing
  • Marketing ethics: supplier safety
  • Marketing by numbers: Tyson expanding distribution
  • Video case: Progressive
  • References
  • Company case: Thorntons: a journey to revitalise its brand
  • 13 Retailing and wholesaling
  • Chapter preview
  • Learning outcomes
  • Retailing
  • Connecting brands with consumers
  • Types of retailers
  • Retailer marketing decisions
  • Retailing trends and developments
  • Wholesaling
  • Types of wholesalers
  • Wholesaler marketing decisions
  • Trends in wholesaling
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: skipping the checkout line
  • Marketing ethics: marketplace fairness
  • Marketing by numbers: stockturn rate
  • References
  • Company case: Lush: striving for the ultimate customer experience
  • 14 Engaging consumers and communicating customer value: integrated marketing communications strategy
  • Chapter preview
  • Learning outcomes
  • The promotion mix
  • Integrated marketing communications
  • The new marketing communications model
  • The need for integrated marketing communications
  • A view of the communication process
  • Steps in developing effective marketing communication
  • Identifying the target audience
  • Determining the communication objectives
  • Designing a message
  • Message content
  • Choosing the communication channels and media
  • Selecting the message source
  • Collecting feedback
  • Setting the total promotion budget and mix
  • Setting the total promotion budget
  • Shaping the overall promotion mix
  • Integrating the promotion mix
  • Socially responsible marketing communication
  • Advertising and sales promotion
  • Personal selling
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: #withoutshoes
  • Marketing ethics: an ethical promotion?
  • Marketing by numbers: advertising-to- sales ratios
  • Video case: OXO
  • References
  • Company case: Marie Curie: understanding service user experiences, by Philippa Hunter-Jones, Lynn Sudbury-Riley and Ahmed Al-Abdin, University of Liverpool Management School, UK
  • 15 Advertising and public relations
  • Chapter preview
  • Learning outcomes
  • Advertising
  • Setting advertising objectives
  • Setting the advertising budget
  • Developing advertising strategy
  • Evaluating advertising effectiveness and the return on advertising investment
  • Other advertising considerations
  • Public relations
  • The role and impact of PR
  • Major public relations tools
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: Facebook audience network
  • Marketing ethics: native advertising
  • Marketing by numbers: C3, CPM and CPP
  • References
  • Company case: ASICS Advertising and PR in the era of social media, by Caterina Presi, Leeds University Business School
  • 16 Personal selling and sales promotion
  • Chapter preview
  • Learning outcomes
  • Personal selling
  • The nature of personal selling
  • The role of the sales force
  • Managing the sales force
  • Designing the sales force strategy and structure
  • Recruiting and selecting salespeople
  • Training salespeople
  • Compensating salespeople
  • Supervising and motivating salespeople
  • Evaluating salespeople and sales force performance
  • Social selling: online, mobile and social media tools
  • The personal selling process
  • Steps in the selling process
  • Personal selling and managing customer relationships
  • Sales promotion
  • The rapid growth of sales promotion
  • Sales promotion objectives
  • Major sales promotion tools
  • Developing the sales promotion programme
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: snap it and redeem it!
  • Marketing ethics: walking the customer
  • Marketing by numbers: sales force analysis
  • Video case: First Flavor
  • References
  • Company case: SunGard: building sustained growth by selling the SunGard way
  • 17 Direct, online, social media and mobile marketing
  • Chapter preview
  • Learning outcomes
  • Direct and digital marketing
  • The new direct marketing model
  • Rapid growth of direct and digital marketing
  • Benefits of direct and digital marketing to buyers and sellers
  • Forms of direct and digital marketing
  • Marketing, the internet and the digital age
  • Online marketing
  • Social media marketing
  • Mobile marketing
  • Traditional direct marketing forms
  • Direct-mail marketing
  • Catalogue marketing
  • Telemarketing
  • Direct-response television marketing
  • Kiosk marketing
  • Public policy issues in direct and digital marketing
  • Irritation, unfairness, deception and fraud
  • Consumer privacy
  • A need for action
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: ‘Buy’ buttons
  • Marketing ethics: #Fail
  • Marketing by numbers: field sales versus telemarketing
  • Video case: Nutrisystem
  • References
  • Company case: The ASOS experience, by Ewelina Lacka, University of Edinburgh Business School
  • Part 4 Extending marketing
  • 18 Creating competitive advantage
  • Chapter preview
  • Learning outcomes
  • Competitor analysis
  • Identifying competitors
  • Assessing competitors
  • Selecting competitors to attack and avoid
  • Designing a competitive intelligence system
  • Competitive strategies
  • Approaches to marketing strategy
  • Basic competitive strategies
  • Competitive positions
  • Market leader strategies
  • Market challenger strategies
  • Market follower strategies
  • Market nicher strategies
  • Balancing customer and competitor orientations
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: social logins
  • Marketing ethics: creating competitive advantage … to what end?
  • Marketing by numbers: market share
  • Video case: Umpqua Bank
  • References
  • Company case: YouTube: Google’s quest for video dominance
  • 19 The global marketplace
  • Chapter preview
  • Learning outcomes
  • Global marketing today
  • Elements of the global marketing environment
  • The international trade system
  • Economic environment
  • Political-legal environment
  • Deciding whether to go global
  • Deciding which markets to enter
  • Deciding how to enter the market
  • Exporting
  • Joint venturing
  • Direct investment
  • Deciding on the global marketing programme
  • Product
  • Promotion
  • Price
  • Distribution channels
  • Deciding on the global marketing organisation
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: China’s great firewall
  • Marketing ethics: global safety standards
  • Marketing by numbers: Netflix’s global expansion
  • Video case: Monster
  • References
  • Company case: Chang beer: Thainess in a bottle, by Angela Carroll, Leeds Business School
  • 20 Social responsibility and ethics
  • Chapter preview
  • Learning outcomes
  • Sustainable marketing
  • Social criticisms of marketing
  • Marketing’s impact on individual consumers
  • Marketing’s impact on society as a whole
  • Marketing’s impact on other businesses
  • Consumer actions to promote sustainable marketing
  • Consumerism
  • Environmentalism
  • Public actions to regulate marketing
  • Business actions toward sustainable marketing
  • Sustainable marketing principles
  • Marketing ethics
  • The sustainable company
  • Learning outcomes review
  • Navigating the key terms
  • Discussion and critical thinking
  • Discussing the concepts
  • Critical-thinking exercises
  • Mini-cases and applications
  • Online, mobile and social media marketing: teenagers and social media
  • Marketing ethics: milking the international market
  • Marketing by numbers: the cost of sustainability
  • Video case: Honest Tea
  • References
  • Company case: Innocent Drinks: golden wind egg or red herring? by Guido Berens, Rotterdam School of Management
  • Appendix 1: Marketing plan
  • Appendix 2: Marketing by numbers
  • Glossary
  • Index
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