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Holistic Marketing
1/21/13
Team members
Karuppasamy Revathi. Manoj
Pandiyan.A
Kumar.M Smily
Derain Syed
Mohammed Tariq
1/21/13
Contents
Introduction Components Framework Future Case
of holistic marketing
of holistic marketing
of HM
study
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MARKETING MANAGEMENT
DEFINITIONS
Marketing is an organizational function and a set of processes for creating, communicating & delivering value to customers and for managing customer relationships in ways that benefit the organization & its stake holders.
-AMA
Marketing Management is the art & science of choosing target markets and 1/21/13 getting, keeping and growing customers
HOLISTIC MARKETING
Amarketing strategythat
by thinking about the businessas and society, a whole, and in its the broadereconomy customers. Itattempts todevelopandmaintainmultiple perspectiveson the
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MEANING
Holistic marketing is thus an approach to marketing that attempts to recognize and reconcile the scope and complexities of marketing activities.
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OBJECTIVES
To analyses the strategies adopted by the organization to stay in the market
EVOLUTION
Exchange concept Production concept Product concept Selling concept Marketing concept Holistic Marketing concept
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First you want a business profile which includes such things as what your current image is within your industry, what position you hold in your customers minds, what your business style might be, and so on.
CONTD..
Once you have a clear picture of your business and your customers, you then need a plan that will guide you toward the vision you imagine and help you accomplish both shortened long-term goals. And, given all that, you need the right messages aimed at the right people to implement your marketing plan.
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You dont waste money on unnecessary and ineffective products, and services. You focus your efforts on the highest probability markets and prospects. You dont waste time and money in developing unproductive processes.
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CONTD
You become not better but only the best! Your marketing brings in sales and lowers the cost of those sales. Your growth is ensured!
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Components of HM
Relationship Integrated Internal Socially
marketing
marketing
marketing
responsible marketing
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MARKETING
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What is relationship marketing? Marketing designed to create, maintain, and enhance strong relationships with customers and other stakeholders.
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Costs much to attract a new customer. Improvement in customer retention can cause an increase in profitability. Easier to deliver additional products and services to an existing customer.
Why is it important?
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1. 2. 3. 4. 5. 6.
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Creating relationship:
Manage
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delivered value the difference between total customer value and total customer cost.
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The extent to which a product or services perceived performance matches a buyers expectations. What are expectations based on?
Past buying experiences Friends, family and other
associates
(your brand)
others
Remain loyal for longer
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Best
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designed to create, maintain, and enhance strong relationships with profitable customers and other stakeholders.
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CRM software
Customer
Relationship Management software allows tracking and analysis of each customer's purchases, preferences, activities, tastes, likes, dislikes, and complaints.
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Each interaction with a customer is generally added to a customer's contact history, and staff can retrieve information on customers from the database when necessary.
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Design and execution of targeted marketing campaigns to optimize marketing effectiveness . Design and execution of specific customer campaigns, including customer acquisition, cross-selling, up-selling, retention . Analysis of customer behavior to aid product and service decision making. Management decisions. of the probability of customer defection.
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Bottom Line
Relationship marketing is a necessary tool for growing your business.
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INTEGRATED MARKETING
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MEANING:
Integrated
marketing is the Holy Grail for marketing departments within the enterprise. is a platform that brings all the marketing processes together and unifies them.
It
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Integrated marketing :
Is an end-to-end process of managing all activities, including marketing projects, planning, process flows, assets, supporting documentation, authorization. Includes the management of the people involved, the vendors, and the client relationships. Aims in Building, managing and executing all outbound and inbound marketing communications.
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and response mechanisms for your campaign it can reap many benefits, but running them through different systems may result in a world of problems.
If you cannot easily analyze the results across the different channels and response types, then you may have a difficult time learning what has worked, what 1/21/13 hasnt, and then how to
Management of multiple databases Increased training on different solutions which strains budgets and time Inability to grow when adoption of a new media adoption is necessary Business becomes less attractive to potential buyers should you decide to sell
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Using multiple applications to perform outbound activities wastes their money and our time..
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Integrated marketing software A comprehensive view of all approach marketing activities. Marketing
activities are not overlooked and you will build prospect and customer value rather than eroding their experience and perception.
Provided a consistent brand and message across all channels all the time resulting in the 1/21/13 elimination of conflicting views
A coherent view of combined activities and strategies, allowing for standard measurement for all of them and encompassed in a dashboard view for marketing to act upon.
Inclusive marketing efforts and permissions based on what your customer or prospects want
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INTERNAL MARKETING
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INTRODUCTION
The concept of Internal Marketing was first proposed in the mid 1970s as a way of achieving consistent service quality- a major issue in the services area.
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MEANING
Internal marketing (IM) is a process that occurs within a company or organization whereby the functional process aligns, motivates and empowers employees at all management levels to deliver a satisfying customer experience.
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BENEFITS
Better
Performance Employees
Empower Overall
Valuable
the business
and philosophy
A
orientation
A
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INTRODUCTION
Socially responsible marketingis amarketing philosophy that states acompanyshould take into consideration what is in the best interest ofsocietyin the present and long term.
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Reduced costs Increased business leads Increased reputation Increased staff morale and skills development Improved relationships with the local community, partners and clients Innovation in processes, products and services
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Obligations Pressure
Competitor Cost
Effective
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Product
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GREEN PRODUCTS
Products Products Products Products Products Products
those are recyclable, reusable and biodegradable, with natural ingredients, containing recycled contents, non-toxic chemical, contents under approved chemical, that do not 1/21/13 or pollute the harm
Know Youre Customer Educating your Customers Being Genuine and Transparent Reassure the Buyer Consider Your Pricing Giving Opportunities1/21/13 Customers to its
SOCIAL MARKETING:
Social marketing works to help people change their behaviors to become healthier or to improve society or the world in some way.
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FALSE/DECEPTIVE ADVERTISING:
When falsely advertising, the company is deliberately misleading a potential consumer about a product, service, or company by reporting false or unsubstantiated information. These ads often tend to only highlight the positive aspects not the undesirable.
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Suzlon Energy ITC Lt. TATA Metaliks Ltd. TNPL WIPRO Technologies HCL Technologies ONGC IndusInd Bank
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HOLISTIC MARKETING
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VALUE CREATION
VALUE DELIVERY
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Collaborative Network
Value Exploration
Cognitive Space
Value Creation
EXISTING AND LATENT NEEDS AND DIMENSIONS SUCH AS THE NEED FOR
Value Delivery
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Competencie
Collaborativ
e
Network
Value Exploration
Cognitive Space
Competenc
y
Space
Value Creation
BREADTH
Value Delivery
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Collaborativ Network
Value Exploration
Cognitive Space
Competenc
y
Space
VERTICAL PARTNERSHIP
Resource space
Value Creation
HORIZONTAL PARTNERSHIP
Value Delivery
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Competencie
Collaborativ
e
Network
Value Exploration
Cognitive Space
Competenc
y
Space
Resource space
Value Creation
Customer Benefits
Business Domain
Business Partners
SELECTING BUSINESS PARTNERS FROM ITS COLLABORATIVE NETWORK
Value Delivery
Competencie
Collaborativ
e
Network
Value Exploration
Cognitive Space
Competenc
y
Space
Resource space
Value Creation
Customer Benefits
UNDERSTAND
Business Domain
Business Partners
Value Delivery
CUSTOMER
THE
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Competencie
Collaborativ
e
Network
Value Exploration
Cognitive Space
Competenc
y
Space
Resource space
Value Creation
Customer Benefits
Business Domain
Business Partners
Value Delivery
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Interna l Resour ce
managemen t
Busine ss Partne r
managemen
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u r e o f M a r k e t
D H R M
o i a e l s r m e k i e s o t e f i
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Relationship
management)
PRM(Partner Database Contact Public
Relationship management) Marketing and datamining Centre Management and telemarketing Relations Marketing and brand-asset 1/21/13
Brand-Building
CASE STUDY
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STRATEGIC VISION
Click to edit Master subtitle style "ALWAYS BELIEVE IN DOING UNUSUAL STUFF, AND THEREBY BE IN A POSITION TO SECURE OUR FUTURE AND GROWTH".
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HOLISTIC MARKETING
Click to edit Master subtitle style The holistic marketing concept is based on the development, design, and implementation of marketing programs.
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COMPONENTS
INTERNAL MARKETING INTEGRATED MARKETING PERFORMANCE MARKETING RELATIONSHIP MARKETING
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Empowerment
Rewarding Performance
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IT Services
Products :-
Finacle- It is their Universal Banking Solution addressing the core banking, ebanking, Islamic banking, treasury, wealth management, and CRM requirements of retail,
v Click to edit Master subtitle style
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Reputation Institutes Global Reputation Pulse 2009 ranked Infosys among the worlds top 50 most respected companies
v
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AEROSPACE AND DEFENCE. vAIRLINES. vBANKING AND CAPITAL MARKETS. vCOMMUNICATON SERVICES. vCOUSTOMER PACKAGED GOODS. vEDUCATION. vENERGY. vHEALTHCARE. vRETAIL.
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ATG -ATG
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