Documente Academic
Documente Profesional
Documente Cultură
Objectives:
Marketing
is a function concerned with planning and
implementing the conception, pricing,
promotion, and distribution of products or
services that will satisfy the firms objectives
Marketing Concept
Market Strategy
The Price
The price is what is
charged for the products
offered for sale.In
setting the price, the
primary consideration is
profits, but it must be
determined in relation
to cost of production
and marketing.The price
of the competition must
also be considered.
The Promotion
Promotion refers to communicating
information between the company and
potential buyers to influence buying attitudes
and behavior.
The Place
The place refers to making products
available in the right quantities and locations
when customers want them.
Market Research
Marketing Research
is any organized effort to gather information
about markets or customers.
It is a very important component of business
strategy
Market Research
Market research is for discovering what people
want, need, or believe. It can also involve
discovering how they act. Once that research is
completed, it can be used to determine how to
market your product.
Market Research
Market research is a key factor to get advantage
over competitors. Market research provides
important information to identify and analyze
the market need, market size and competition
Observation
Survey
Experimentation
Observation
Survey
Personal Interview
Telephone survey
Mail
Internet
Personal Interview
The most expensive and time consuming
method
1. A sound questionnaire
Internet Survey
Questions are posted on the firms website or
sent to a group of individuals
Experimental Method
Involves observing the results of changing one
variable in a situation while holding all other
conditions constant.
Secondary Research
Possible Sources:
1.
2.
Libraries
3.
Government Agencies
Other sources:
1. Reports
2. Newspapers
3. Magazines
4. Journal Content
5. Government and NGO Statistics
Company Records
Important source of information. It includes
sales report or clues on customer behavior.
Library
Collection of original studies, trade journals,
business magazines and graduate thesis.
1.
2.
3.
Major Libraries:
National Library
University of the Philippines Institute of
Small Scale Industries Library
Development Academy of the Philippines
Libraries Pasig City
Polytechnic University of the Philippines
Library Sta. Mesa
CHED
DTI
Local Government
The Potential sales of target market refers to the total sales volume
that all competitors could achieve in that particular market segment.
The sales potential of the company refers to the portion of the market
potential that the company could expect to achieve under ideal conditions.
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