Marketing Management
Marketing Management
Deemed to be University
MARKETING
MANAGEMENT
Module 1:
Introduction to Marketing Fundamentals
Meaning and Definition of Marketing
Scope of marketing
Evolution of marketing - The Production Concept, The Product Concept, The
Selling Concept, The Marketing Concept, The Holistic Marketing Concept
Core Marketing Concepts,
Marketing Environment.
2
Excellence and Service
CHRIST
Deemed to be University
3
Excellence and Service
CHRIST
Deemed to be University
https://www.idfreshfood.com/about-us/
5
Excellence and Service
CHRIST
Deemed to be University
Creating
Idli, Dosa, Malabar Parota, ragi idli, dosa batter, Natural paneer, Smart sip tender
coconut, curd, rava idli batter, Vada Batter, Filter coffee(forayed into the Indian
coffee market by addressing the unmet demand for ready-to-make authentic filter
coffee)
6
Excellence and Service
CHRIST
Deemed to be University
Delivering
By 2009 and 2010, the founders decided that it was time to expand and grow across the
country. iD Fresh, which started in Bengaluru, is now present in Chennai, Mumbai,
Pune, Hyderabad, Delhi, and Dubai. Direct-to-home distribution (B 2 C) During
lockdown
Communicating
Id Fresh Refrigerators, Trust shops, partnering with Disney+ Hotstar, Mother’s Day,
Independence Day campaign
7
Excellence and Service
CHRIST
Deemed to be University
8
Excellence and Service
CHRIST
Deemed to be University
9
Excellence and Service
CHRIST
Deemed to be University
10
Excellence and Service
CHRIST
Deemed to be University
11
Excellence and Service
CHRIST
Deemed to be University
12
Excellence and Service
CHRIST
Deemed to be University
13
Excellence and Service
CHRIST
Deemed to be University
14
Excellence and Service
CHRIST
Deemed to be University
15
Excellence and Service https://www.rapido.bike/CorporatePartners
CHRIST
Deemed to be University
16
Excellence and Service
CHRIST
Deemed to be University
Price
Place.
Rapido operates in several metropolitan areas across India. The places and channels through
which it delivers its services include:
Mobile App: The primary distribution channel is the Rapido app, where users can book
rides, track bikers, and make payments.
Strategic Placement: Rapido could focus on expanding in areas with high commuter
traffic, near metro stations, shopping malls, colleges, and offices.
18
Excellence and Service
CHRIST
Deemed to be University
19
Excellence and Service
CHRIST
Deemed to be University
Promotion
Digital Advertising
Referral Programs
Content Marketing
Outdoor Advertising
Brand Partnerships & Sponsorships
Influencer and Celebrity Marketing
Seasonal & Festive Campaigns.
20
Excellence and Service
CHRIST
Deemed to be University
21
Excellence and Service
CHRIST
Deemed to be University
Marketing
mix
• Channels
• Market coverage • Price strategy
• Assortment • Pricing
Place Price • Allowances
• Location
• Inventory • Discounts
• Transport • Payment terms
22
Excellence and Service
CHRIST
Deemed to be University
Evolution of
Marketing
Concepts
23
Excellence and Service
CHRIST
Deemed to be University
Production Concept
The idea of production concept – “Consumers will favor products that are available
and highly affordable.”
For example, both personal computer maker Lenovo and home appliance maker
Haier dominate the highly competitive, price-sensitive Chinese market through low
labor costs, high production efficiency, and mass distribution.
24
Excellence and Service
CHRIST
Deemed to be University
Product Concept
The product concept holds that consumers will favor products that offer the most
quality, performance, and innovative features.
25
Excellence and Service
CHRIST
Deemed to be University
Selling Concept
The selling concept holds the idea- “consumers will not buy enough of the firm’s
products unless it undertakes a large-scale selling and promotion effort.”
Example: life insurance or blood donations..
26
Excellence and Service
CHRIST
Deemed to be University
Marketing Concept
The marketing concept holds- “achieving organizational goals depends on knowing the
needs and wants of target markets and delivering the desired satisfactions better than
competitors do.”
27
Excellence and Service
CHRIST
Deemed to be University
28
Excellence and Service
CHRIST
Deemed to be University
29
Excellence and Service
CHRIST
Deemed to be University
Nike By
You
30
Excellence and Service
CHRIST
Deemed to be University
Coca-Cola’s
“Share a Coke”
Campaign
32
Excellence and Service
CHRIST
Deemed to be University
33
Excellence and Service
CHRIST
Deemed to be University
34
Excellence and Service
CHRIST
Deemed to be University
35
Excellence and Service
CHRIST
Deemed to be University
36
Excellence and Service
CHRIST
Deemed to be University
37
Excellence and Service
CHRIST
Deemed to be University
38
Excellence and Service
CHRIST
Deemed to be University
Connecting with
the consumers at a
personal level
39
Excellence and Service
CHRIST
Deemed to be University
(iii) The Facebook website saw traffic increased by 870% while the Facebook page,
on the other hand, grew by 39% in terms of fans.
(v) A total of 378,000 custom Coke cans were printed across the country.
The Share a Coke campaign began in Australia in 2011 when Coca-Cola personalized
each bottle with the 150 most popular names in the country. Since then, the U.S. has
followed suit, printing first names across the front of its bottles and cans in Coke's
branded font. You can even order custom bottles on Coke's website to request things like
nicknames and college logos.
(i) The first and primary objective was to increase their sales as it was the summer period in Australia.
(ii) The second objective was engaging with its customers by talking to them.
42
Excellence and Service
CHRIST
Deemed to be University
2. In what ways did the "Share a Coke" campaign impact Coca-Cola's brand visibility
and recognition in different markets?
3. How did the use of individual names on Coca-Cola bottles and cans affect brand
loyalty and customer engagement during the "Share a Coke" campaign?
43
Excellence and Service
CHRIST
Deemed to be University
44
Excellence and Service
CHRIST
Deemed to be University
45
Excellence and Service
CHRIST
Deemed to be University
Relationship Marketing: Coca-Cola’s “Share a Coke” campaign transformed its iconic logo with popular
names, encouraging people to find and share a Coke with loved ones. By fostering personal connections, this
campaign deepened customer loyalty and strengthened bonds with the brand.
Integrated Marketing: Coca-Cola maintains consistency across all marketing channels, from TV ads to
social media. For instance, the “Taste the Feeling” campaign unified its message and visual style across
platforms, reinforcing the brand’s values and broadening its appeal.
Internal Marketing: Coca-Cola prioritizes its employees through robust training and development programs,
ensuring alignment with the company’s mission. By nurturing a culture of innovation and collaboration, these
efforts resonate through its marketing strategies.
Socially Responsible Marketing: Coca-Cola is committed to sustainability with initiatives like “World
Without Waste,” aiming to recycle a bottle or can for each sold by 2030. This dedication to environmental
responsibility not only enhances the brand’s reputation but also connects deeply with environmentally
conscious consumers.
46
Excellence and Service
CHRIST
Deemed to be University
Socially Responsible Marketing: Unilever’s “Sustainable Living Plan” aims to reduce the company’s
environmental footprint while increasing its positive social impact. Brands like Dove and Ben & Jerry’s are
known for their campaigns that promote body positivity and social justice, respectively.
Relationship Marketing: Unilever’s brands engage with customers on issues that matter to them. For example,
Dove’s “Real Beauty” campaign fosters a deep connection with consumers by challenging beauty stereotypes
and promoting self-esteem.
Integrated Marketing: Unilever ensures consistent messaging across its brands and platforms. The company
uses a combination of traditional and digital marketing to reach a wide audience while maintaining coherence in
its brand messaging.
Internal Marketing: Unilever invests in its employees through initiatives like the Unilever Sustainable Living
Lab, which encourages innovation and collaboration. This focus on internal engagement helps align the
workforce with the company’s sustainability goals and marketing efforts.
47
Excellence and Service
CHRIST
Deemed to be University
48
Excellence and Service
CHRIST
Deemed to be University
49
Excellence and Service
CHRIST
Deemed to be University
50
Excellence and Service
CHRIST
Deemed to be University
51
Excellence and Service
CHRIST
Deemed to be University
52
Excellence and Service
CHRIST
Deemed to be University
53
Excellence and Service
CHRIST
Deemed to be University
1. Lan is very hungry. She needs some food for sure. However, she does not
have enough money to buy a bowl of Pho. She really ........… To eat Phở.
3. Nina has already had 50 pairs of shoes and sandals. She does not need
more shoes, but whenever she goes to shopping malls, she still ......... to
buy more shoes.
54
Excellence and Service
CHRIST
Deemed to be University
55
Excellence and Service
CHRIST
Deemed to be University
56
Excellence and Service
CHRIST
Deemed to be University
Products
These are tangible items that can be held, such as pens or apples. Products
are usually purchased once and can be returned or transferred to others
Services
Refers to any act or benefits offered by the service provider to the consumer
for a price, and does not result in the ownership of anything. Service is
Intangible in nature.
57
Excellence and Service
CHRIST
Deemed to be University
A prospect is a potential client, someone who is in the market for your product and
has the resources needed to buy it but has not purchased it yet. (Future customer)
58
Excellence and Service
CHRIST
Deemed to be University
59
Excellence and Service
CHRIST
Deemed to be University
60
Excellence and Service
CHRIST
Deemed to be University
Marketing consists of
actions taken to create,
maintain, and grow
desirable exchange Create Maintain Grow
relationships with target
audiences involving a
product, service, idea, or
other object.
61
Excellence and Service
CHRIST
Deemed to be University
62
Excellence and Service
CHRIST
Deemed to be University
https://justvend.in/web/
63
Excellence and Service
CHRIST
Deemed to be University
https://bmsce.ac.in/home/news/1/justvend-smart-app-based-vending-machine-developed-by-bms-students
64
Excellence and Service
CHRIST
Deemed to be University
MARKETING ENVIRONMENT
Goals, Mission
Human Resources
Capital Resources
Micro Macro
Factors Factors
66
Excellence and Service
CHRIST
Deemed to be University
67
Excellence and Service
CHRIST
Deemed to be University
68
Excellence and Service
CHRIST
Deemed to be University
Market
Suppliers Competitors
Intermediaries
Public Customers
69
Excellence and Service
CHRIST
Deemed to be University
70
Excellence and Service
CHRIST
Deemed to be University
Market Intermediaries
71
Excellence and Service
CHRIST
Deemed to be University
Resellers are distribution channel firms that help the company find customers
or make sales to them. These include wholesalers and retailers that buy and
resell merchandise.
Physical distribution firms help the company stock and move goods from
their points of origin to their destinations. FedEx, blue Dart
72
Excellence and Service
CHRIST
Deemed to be University
Competitors
73
Excellence and Service
CHRIST
Deemed to be University
74
Excellence and Service
CHRIST
Deemed to be University
75
Excellence and Service
CHRIST
Deemed to be University
76
Excellence and Service
CHRIST
Deemed to be University
77
Excellence and Service
CHRIST
Deemed to be University
Public
The company’s marketing environment also includes various publics. A public is any
group that has an actual or potential interest in or impact on an organization’s ability to
achieve its objectives
78
Excellence and Service
CHRIST
Deemed to be University
PUBLIC
79
Excellence and Service
CHRIST
Deemed to be University
80
Excellence and Service
CHRIST
Deemed to be University
https://www.business-humanrights.org/en/latest-news/coca-cola-forced-to-shut-bottling-plant-in-
india/#:~:text=Coca%2DCola%E2%80%A6has%20been%20ordered,violated%20its%20operating%20license...
81
Excellence and Service
CHRIST
Deemed to be University
82
Excellence and Service
CHRIST
Deemed to be University
Legal &
Technological Cultural
Political
83
Excellence and Service
CHRIST
Deemed to be University
1. Age
2. Gender
3. Occupation
4. Marital Status
5. Education
6. Family Size
7. Family life cycle
8. Geographic shifts in population
84
Excellence and Service
CHRIST
Deemed to be University
85
Excellence and Service
CHRIST
Deemed to be University
86
Excellence and Service
CHRIST
Deemed to be University
87
Excellence and Service
CHRIST
Deemed to be University
MTR's rava idli was invented during World War II due to a rice shortage.
BigBasket and Reliance Fresh adjust their pricing strategies and promote
alternative vegetables during shortages. brands also introduce ready-to-cook
onion paste or powdered onion to meet demand despite supply constraints
Swiggy and Zomato promote premium offerings like "Swiggy One" and gourmet
food delivery, targeting consumers with higher disposable incomes.
88
Excellence and Service
CHRIST
Deemed to be University
89
Excellence and Service
CHRIST
Deemed to be University
The natural environment involves the physical environment and the natural
resources that are needed as inputs by marketers or that are affected by marketing
activities
1. Weather condition
2. Environmental sustainability & Pollution
3. Natural resources (Renewable, Non renewable sources)
90
Excellence and Service
CHRIST
Deemed to be University
91
Excellence and Service
CHRIST
Deemed to be University
1. Internet
2. Smart phone
3. Robotics
4. Virtual reality & Augmented reality
5. GPS
6. Bluetooth
7. Artificial Intelligence
92
Excellence and Service
CHRIST
Deemed to be University
93
Excellence and Service
CHRIST
Deemed to be University
94
Excellence and Service
CHRIST
Deemed to be University
For example, companies like Uber and Lyft use mobile GPS permissions to connect a
driver to a passenger’s location. Starbucks also uses mobile app geofencing to know
when a customer has walked into the proximity of a store.
95
Excellence and Service
CHRIST
Deemed to be University
1. Consumer laws
2. Public policy
3. Product safety
4. Advertisements
5. Local, state, national, and international trade policy .
96
Excellence and Service
CHRIST
Deemed to be University
97
Excellence and Service
CHRIST
Deemed to be University
In 2021, ASCI directed fairness cream brands like Fair & Lovely
(now Glow & Lovely) to modify ads that perpetuated color bias.
98
Excellence and Service
CHRIST
Deemed to be University
In 2015, the Food Safety and Standards Authority of India (FSSAI) banned Maggi
noodles due to allegations that they contained excessive lead and were mislabeled
regarding monosodium glutamate (MSG) content
99
Excellence and Service
CHRIST
Deemed to be University
The cultural environment consists of institutions and other forces that affect a
society’s basic values, perceptions, preferences, and behaviors. People grow up
in a particular society that shapes their basic beliefs and values.
1. Core beliefs
2. Secondary beliefs
3. Shifts in cultural values
4. Patriotism- Country of origin products
5. Ethnocentrism
100
Excellence and Service
CHRIST
Deemed to be University
101
Excellence and Service
CHRIST
Deemed to be University
102
Excellence and Service
CHRIST
Deemed to be University
103
Excellence and Service
CHRIST
Deemed to be University
104
Excellence and Service
CHRIST
Deemed to be University
Scope of Marketing
1. Study of Consumer Behaviour.
2. Identify Their Wants and Requirements
3. Planning & Product Development
4. Pricing and Policy Determination
5. Distribution
6. Promotion
7. Consumer Satisfaction
8. Customer Retention and Loyalty.
9. New Product Development
105
Excellence and Service
CHRIST
Deemed to be University
MARKETING
RESEARCH
106
Excellence and Service