Fundamental of Managment: Tahmina Reza Assistant Professor Department of Business Administration
Fundamental of Managment: Tahmina Reza Assistant Professor Department of Business Administration
TA H M I N A R E Z A
Assistant Professor
Department of Business Administration
Pr es ent ed by
Marketing is a strategic process that involves creating, communicating, delivering, and exchanging offerings that have value
for customers, clients, partners, and society at large. It encompasses a wide range of activities and disciplines, including
market research, product development, promotion, distribution, sales, and customer service, aimed at identifying and
WHOLESALER
satisfying customer needs and desires, building brand awareness, and fostering relationships to achieve business objectives.
UTILITY
PLACE UTILITIES
You can purchase Marico’s products from your nearby grocery shop,
super shop and also Daraz/ Pandamart
TIME UTILITIES
A delivery man will deliver Marico’s products to your home
within 45 minutes from pandamart.
TYPES OF MARKET
PRODUCER
WHOLESALER
INDUSTRIAL MARKET
Industrial marketing or business-to-business marketing is the marketing of goods and services by one business
to another. Industrial goods are those an industry uses to produce an end product from one or more raw RETAILER
material. The term, industrial marketing has largely been replaced by the term B2B marketing (i.e. business to
business marketing).
CUSTOMERS
Consumer market
The consumer market denotes the commercial arena wherein goods and services are exchanged directly
between producers and end consumers, embodying the entirety of economic transactions focused on
addressing consumer demand and preferences.
ONLINE
SHOPS
SEGMENTS & TARGETED MARKET
PSYCHOGRAPHICS DEMOGRAPHICS
TARGETED MARKET
Selecting which segments in a market are appropriate to focus on and designing
the means of reaching them.
GEOGRAPHIC BEHAVIORAL
SEGMENTATION
Divides a market into subsets of prospective customers who behave in the same
way, have similar wants, or have similar characteristics that relate to purchase.
SEGMENTS & TARGETED MARKET
Demographics
Demographic segmentation is a precise form of audience identification based on data points
like age, gender, marital status, family size, income, education, race, occupation, nationality,
and/or religion.
GENDE
R
AG
E
DEMOGRAPHIC INCOME
OCCUPATION
GROUP
SEGMENTS & TARGETED MARKET
Psychographics
Classification of customers on the basis of their psychological makeup ,
interests and lifestyles
Geographic
Geographic segmentation in marketing involves dividing a market based on geographical locations
such as countries, regions, cities, or neighborhoods. It helps tailor marketing strategies to specific
locations' needs and preferences.
Behavioral
Behavioral segmentation in marketing involves dividing a market based on consumer behavior,
such as purchasing habits, product usage, or brand loyalty. It helps target specific consumer
groups with tailored marketing strategies.
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Marketing Mix
A common classification that began as the four Ps: product, price, place, and promotion.
PR
N
IO
O
D
OT
U
OM
C
T
Marketing
PR
Mix
PR
CE
I C
A
E
P L
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Marketing Mix
Product
A bundle of value that satisfies customers need or want.
HAIR & CARE Appealing to both men and women of all ages
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Marketing Mix
Price
The amount of money charged for a product or service.
Parachute sells all over Bangladesh both in urban as well as rural Bangladesh. Parachute Hair
Oil is sold through retailers like supermarkets, general stores, and online Stores etc.
Marketing Mix
PERSONAL SELLING
PROMOTION ADVERTISEMENT
SALES
PROMOTION
Marico Bangladesh sells their product through Daraz. In this way, we
connect with consumer directly.
Marketing Mix ADVERTISEMENT