Marketing Principles Class
Marketing Information Management
Marketing Information
Surveys
Sales Data
Click-Through Data
Internet Account Data
Interviews
Focus Groups
Observations
Pricing
Cost to Make your Product
How Many of Your Product You have to Make
Competitor's Price
How Much Profit You Want to Make
Demand for the Product
Selling
Cold Calling
Direct Selling
Price Based Selling
Persuasive Selling
Relationship Selling
The Value of Marketing to Society
Informing and Educating Consumers
Managing Consumer Expectations
Economic Benefit of Marketing
Modeling Consumer Behavior
The Importance of Marketing
You’ll make more sales
You’ll increase awareness
You’ll learn your metrics
You’ll make consumers trust you
You’ll build a social asset
You’ll learn your marketplace
You’ll discover what works
You’ll develop an ‘ideal customer’ profile
You’ll learn how to test and optimize
You’ll build a powerful brand
Marketing Utilities
Form Utility
Task Utility
Place Utility
Time Utility
Possession Utility
Information Utility
Channel Management
Channels
Convenience Stores
Online
Grocery Stores
Retail Stores
Restaurants
Vending Machines
Drug Stores
Market Planning
Would you sell winter coats in Arizona?
Would you sell bikinis in Alaska?
Would you open a ski shop in Miami?
Would you open a tractor supply shop in Los Angeles?
Promotion
Advertising
Public Relations
Price Promotion
Give-Aways
Contests