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TheMMtakespleasewhenatleastonepartytopotentialexchangegivesthough
tohisobjectiveandmeansofachievingdesiredresponsesfromotherparties.
The formal definition of MM is: the analysis, planning, implementation and
control of programs designed to bring about desired exchange with target
marketsforthepurposeofachievingtheorganizationalobjectives.
It relies heavily on designing the organizations offering in terms of target
markets needs and desires and using effective pricing communication and
distributiontoinform,motivateandservicethemarket.
Historically MM is defined with the specialized job of dealing with costumer
marketforthefinalproductsofthefirm.
Production manager, marketing managers and the marketing vicepresident
manageprograms,theirjobistoanalyzeplanandimplementprogramsthatwill
produceadesiredleveloftransactionswithspecifiedtargetmarkets
The popular image of the marketing manager is that of someone whose task is
primarily to stimulate demand for the companys products. Simply marketing
managementisdemandmanagement.
MM is the task of regulating the level, timing and character the demand in a
waythatwillhelptheorganizationachieveitsobjectives.
The organizationforms an idea of a desired level of transactions with a market.
Theactualdemandlevelmaybebelow,equalto,orabovethedesiredlevel.This
leadstoeightdistinguishabledemandstates:
1. NegativeDemandisastateinwhichallormostofimportantsegmentsof
thepotentialmarketdisliketheproductorserviceandmightpaytoavoidit
(militaryservice,vaccinations,dentalwork...etc).Thechallengeofnegative
demand to MM, is to develop a plan that cause demand to rise from
negativetopositive(ConversionalMarketing).
m.elmahadi@petroenergyep.com
m.elmahadi@petroenergyep.com
DemandState
1. NegativeDemand
2. NoDemand
3. LatentDemand
4.
5.
6.
7.
8.
FormalName
ConversionalMarketing
StimulationalMarketing
Developmental
Marketing
FalteringDemand
RevitalizeDemand
Remarketing
IrregularDemand
SynchronizeDemand Synchromarketing
FullDemand
MaintainDemand
MaintenanceMarketing
OverfullDemand
ReduceDemand
Demarketing
UnwholesomeDemand DestroyDemand
Countermarketing
m.elmahadi@petroenergyep.com
MarketingTask
DisabuseDemand
CreateDemand
DevelopDemand