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Marketing The environment Topic 3, Apuntes de Marketing

Asignatura: Marketing I, Profesor: Rosalia Gallo, Carrera: Administració i Direcció d'Empreses - Anglès, Universidad: UAB

Tipo: Apuntes

2012/2013

Subido el 23/11/2013

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Dr.R.Gallo - summer 2008 1
Lesson 3.- The environment
3.1.- The marketing macro environment
3.1.1.- Demography
3.1.2.- Culture and society
3.1.3.- Economy
3.1.4.- Technology
3.1.5.- Legislation and politics
3.1.6.- The Natural environment
3.2.- The marketing microenvironment
3.2.1.- Internal: the organization
3.2.2.- External
3.2.2.1.- Competitors
3.2.2.2.- Suppliers
3.2.2.3.- Customers
3.2.2.4.- Interest groups
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Dr.R.Gallo - summer 2008^

Lesson 3.- The environment^ 3.1.- The marketing macro environment3.1.1.- Demography3.1.2.- Culture and society3.1.3.- Economy3.1.4.- Technology3.1.5.- Legislation and politics3.1.6.- The Natural environment3.2.- The marketing microenvironment3.2.1.- Internal: the organization3.2.2.- External3.2.2.1.- Competitors3.2.2.2.- Suppliers3.2.2.3.- Customers3.2.2.4.- Interest groups

Dr.R.Gallo - summer 2008^

The environmentsuppliers^ Companymarketcompetitorsintermediaries

demographyeconomypublicsNaturalenvironmentsocietyCulture technologyLegislationpolitics Macroenvironment Source: Santesmases

microenvironment

Dr.R.Gallo - summer 2008^

The Company:^ the 7s framework^ Shared Value^ The interconnecting center of McKinsey's model is: SharedValues. What does the organization stands for and what it believes in. Centralbeliefs and attitudes.^ Strategy^ Plans for the allocation of a firms scarce resources, over time, toreach identified goals. Environment, competition, customers.^ Structure^ The way the organization's units relate to each other: centralized,functional divisions (top-down); decentralized (the trend in largerorganizations); matrix, network, holding, etc.^ System^ The procedures, processes and routines that characterize howimportant work is to be done: financial systems; hiring, promotion andperformance appraisal systems; information systems.^ Staff^ Numbers and types of personnel within the organization.^ Style^ Cultural style of the organization and how key managers behave inachieving the organization’s goals.^ Skill^ Distinctive capabilities of personnel or of the organization as a whole.Source: Ethan M. Rasiel, Paul N. Friga - The McKinsey Mind: Understanding and Implementing the Problem-Solving Tools and Management Techniques -

Dr.R.Gallo - summer 2008^

Micro Environment^ ‡^ Suppliers:^ Organizations

and^ people^ providing^ what

you need to produce what you make ‡ Marketing^ intermediaries:^

Channels^ of^ distribution.^

“All organizations^ involved^ in^ making

the^ product^ available^ to customers” ‡ Customers: Consumers/businesses/resellers/government ‡ Competitors: companies offering your target market similargoods and services.^ “Any offer that solves the same problemas your company does” ‡ Publics^ :^ any^ group^ that^

has^ an^ interest^ in^ what^ your organization^ does^ Financial,

media,^ government,^ citizen action, local, general, internal

Dr.R.Gallo - summer 2008^

Competitor analysis:hallmarks of a dynamic market^ ‡^ Numerous^ products

&^ services

Is competition static or dynamic? addressing a similar need (mobile, landline telephone, internet phone services,real time messages…)^ ‡^ A diversity of competitors^ ‡^ Few insurmountable barriers to entry^ ‡^ Market fragmentation

Dr.R.Gallo - summer 2008^ Competitor analysis: identifying competitors(existing & potential)^ ‡^ Other companies offering products similar to yours^ ‡^ Companies that make substitutes for your products^ ‡^ The^ ease^ with^ which A competitor is any organization that aims to satisfy the samecustomer needs that you do (photocopy machines producersand printer shop- need: duplicate documents)^ customers^ comparison-shopand switch^ suppliers ‡^ Your own suppliers’ ability to raise prices or reducethe quantity of their offerings

Dr.R.Gallo - summer 2008^

Competitor analysis:strengths & weaknessesProduct qualityDistributionCustomer service^ Customersatisfaction

New productdynamism

Company 3Company 2Company 1 Relative^ strengths Analyzecompetitorspresentsituation &overalldirection inthe future

Dr.R.Gallo - summer 2008^

Competitor analysis:reactions to threats & opportunitiesAggressive offenseAggressive defenseSlow in defenseresponseWilling to cut prices toattack or defend^ Will match promotions

COMPANY 3COMPANY 2COMPANY 1 REACTION Study pastbehavior topredict futurereactions

Dr.R.Gallo - summer 2008^

Competitor analysis: summary^ ‡^ The^ starting^ point^

of^ competitive^ analysis^

is^ the identification of competitors – today’s and tomorrow’s ‡ Determine the strategies & objectives of your competitors ‡ To^ better^ understand^ where

key^ competitors^ are concentrating^ their^ product

development^ and^ marketing efforts, create a positioning map ‡ Develop a “relative strengths” table to rate the strengths &weaknesses on key market dimensions ‡ Determine how each competitor reacts to moves by you &other firms

Dr.R.Gallo - summer 2008^

Types of competition ‡^ Generic competition

: substitute productswhich may be very different^ physically^ & conceptually from yours^ but^ meet^ a common need
‡^ Product^ competition
:^ products^ are^ moresimilar and can be „ Distant product competition „ Close product competition