quiz #3 - marketing Flashcards
It consists of people, equipment, and
procedures to gather, sort, analyze,
evaluate, and distribute needed,
timely, and accurate information to
marketing decision makers.
Marketing information system
It sees itself as integrating the value exploration, value creation, and value delivery activities with the purpose of building long-term, mutually satisfying relationships and co-prosperity among key stakeholders.
Holistic marketing
The central instrument for
directing and coordinating
the marketing effort. It operates at a strategic and tactical level.
Marketing plan
The shared experiences, stories, beliefs, and norms that
characterize an organization.
Corporate culture
- Choosing the value
- Providing the value
- Communicating the value
Phases of Value Creation and Delivery
- Market-sensing process
- New-offering realization process
- Customer acquisition process
- Customer relationship management process
- Fulfillment management process
Core Business Processes
- (Re)define the business concept
- (Re)shaping the business scope
- (Re)positioning the company’s brand identity
Maximizing Core Competencies
Target marketing decisions
Strategic
Value proposition
Strategic
Analysis of marketing opportunities
Strategic
Product features
Tactical
Promotion, merchandising
Tactical
Sales channels
Tactical
- Product or service alliance
- Promotional alliance
- Logistics alliances
- Pricing collaborations
Categories of Marketing Alliances