Marketing - Lessons from Mr. LeBlanc



Marketing

Unit 1 Review

Marketing – definition

Goods / Services

Seven Functions of Marketing

Channel Management

Market Planning

Marketing Information Management (MIM)

Pricing

Product/Service Management

Promotion

Selling

Marketing Concept -

Economic Benefits of Marketing (why is marketing important to us)

New and Improved Products (why/how)

Lower Prices (why/how)

Added Value (Economic Utility)

Form – (non marketing)

Place

Time

Possession

Information

Market

Consumer Market vs. Industrial Market

Target Market

Consumer vs. Customer

Customer Profile

Marketing Mix - why?

Price

Place

Product

Promotion

Market Segmentation

Demographics

Geographics

Psychographics

SWOT Analysis

Internal Strengths and Weaknesses

Company Analysis

Customer Analysis

Competitive Position

External Opportunities and Threats

Competition

Environmental Scan (PEST)

Political

Economic

Socio-Cultural

Technological

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