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Marketing :
Helping
Buyers Buy
MEMBERS :
Caroline (1707531129)
Past Today
In the past marketing focused almost entirely on helping the seller sell.That’s why
many people still think of marketing as mostly selling,advertising,and distribution from
seller to the buyer.Today much of marketing is instead about helping buyers buy. One
author calls it “The Power of Pull”
EXAMPLE
Carpenters
Trade Workers
The Selling Era
By the 1920s, business had developed mass-production
techniques (such as automobile assembly lines), and production
capacity often exceeded the immediate market demand. Therefore
the business philosophy turned from producing to selling. Most
companies emphasized selling and advertising in an effort to
persuade consumers to buy existing products. Few offered
extensive service after the sale.
The Marketing Concept Era
After World War II (1945), returning soldiers starting new careers and beginning families sparked a tremendous demand
for goods and also services. The businesses recognized that they needed to be responsive to consumers if they wanted to
get their business, and a philosophy emerged in the 1950s called the marketing concept.
1.Find Opportunities
2.Conduct Research
3.Identify a Target Market
4.Design a Product
5.Do Product Testing
6.Determine a Brand Name, Design a Package, and Set a Price
7.Select a Distribution System
8.Design a Promotional Program
9.Build a Relationship with Customers
STARBUCKS 4P’S ANALYSIS
TWO DIFFERENT MARKET
CUSTOMER MARKET