relationship marketing

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RELATIONSHIP MARKETING RELATIONSHIP MARKETING Presented by: AMARNATH AMARNATH www.amarwin.com www.amarwin.com KV INSTITUTE OF MANAGEMENT AND INFORMATION STUDIES COIMBATORE E-mail: [email protected] E-mail: [email protected] © www.amarwin.com

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Page 1: Relationship Marketing

RELATIONSHIP MARKETINGRELATIONSHIP MARKETING

Presented by:

AMARNATHAMARNATH

www.amarwin.comwww.amarwin.comKV INSTITUTE OF MANAGEMENT AND

INFORMATION STUDIES

COIMBATORE

E-mail: [email protected]: [email protected]

© www.amarwin.com

Page 2: Relationship Marketing

© www.amarwin.com

Business exist

Create customer value =

SustainabilitySustainability

Page 3: Relationship Marketing

Partnership

marketing

© www.amarwin.com

Value networks

+

Page 4: Relationship Marketing

THE EVOLUTION OF MARKETINGTHE EVOLUTION OF MARKETING

© www.amarwin.com

Customer focus

Mass Markets

Relationships

Page 5: Relationship Marketing

PARADIGM SHIFTPARADIGM SHIFT

© www.amarwin.com

RelationshipsOne way transactions

Page 6: Relationship Marketing

Business exist Create customer value =

Sustainability

Technology

Cost Activities

Value chain

Marketing Plan

AIS Sustainability

Cost Activities Relationships

Partnership

marketing

Technology

Value net

© www.amarwin.com

Relationship

marketing

Page 7: Relationship Marketing

FIVE LEVELS OF RELATIONSHIP FIVE LEVELS OF RELATIONSHIP MARKETINGMARKETING

1 Basic Marketing

2

Accountable marketing

Reactive marketing

3

4 Pro-active marketing

5 Partnership marketing

© www.amarwin.com

Page 8: Relationship Marketing

Business exist Create customer value =

Marketing Plan

AIS Sustainability

Partnership

marketing

Relationship

marketing

Technology

Sustainability

Technology

Cost Activities Relationships

Cost Activities

Value chain

Value net

© www.amarwin.com

Page 9: Relationship Marketing

GENERIC VALUE CHAINGENERIC VALUE CHAIN

Adapted from the model by Porter in Competitive advantage: Creating and Sustaining Superior Performance (1985) as cited by Kotler (2000) in Marketing Management, p44.

Firm Infrastructure

Books

Databases

Information products

Journals

Customised/coherent information environment

Access delivery modes

Human Resource Management

Technology Development

Procurement

Margin

Mar

gin

Su

pp

ort

act

ivit

ies

Functional/Primary Activities

Inbound logistics

Marketing and sales

ServiceOutbound logistics

Operations/production

Page 10: Relationship Marketing

Business exist Create customer value =

Cost Activities Relationships

Cost Activities

Partnership

marketing

Relationship

marketing

Technology

Sustainability

Technology

Value net

Marketing Plan

AIS Sustainability

© www.amarwin.com

Value chain

Page 11: Relationship Marketing

Marketing Plan

Business exist Create customer value =

AIS Sustainability

Cost Activities

Value chain

Partnership

marketing

Relationship

marketing

Technology

Sustainability

Cost Activities Relationships

© www.amarwin.com

Technology

Value net

Page 12: Relationship Marketing

Authors

Sponsors

VALUE NETVALUE NET

ValueValue

Publishers

TechnologistsVendors

Librarians

End user

© www.amarwin.com

Page 13: Relationship Marketing

CHARACTERISTICS OF A CHARACTERISTICS OF A VALUE NETVALUE NET

• All the role players collaborate and interact regularly to co-produce value

It is focused on the end user and his/her needs

It creates and increases value for all its participants

It is built on relationships

It is non-linear

• Participants operate within a collaborative, digitally linked network

© www.amarwin.com

Page 14: Relationship Marketing

Technology

Marketing Plan

Business exist Create customer value =

AIS Sustainability

Cost Activities Relationships

Cost Activities

Value chain

Partnership

marketing

Relationship

marketing

Technology

Sustainability

Value net

© www.amarwin.com

Page 15: Relationship Marketing

© www.amarwin.com

+50 %

Information Sources

+20 %

Client numbers

-56 %

Buying power

-75 %

Rand versus Dollar

Page 16: Relationship Marketing

WHY ScienceDirect?WHY ScienceDirect?

• Most expensive information product

Not fully utilised

Pricing model

• Cost per article too high

© www.amarwin.com

Page 17: Relationship Marketing

Technology

Business exist Create customer value =

Marketing Plan

AIS Sustainability

Cost Activities Relationships

Cost Activities

Value chain

Partnership

marketing

Relationship

marketing

Technology

Sustainability

Value net

© www.amarwin.com

Page 18: Relationship Marketing

Macro

Market

Micro

MARKETING PLANMARKETING PLAN

1

2 3

4

© www.amarwin.com

9. Evaluation

8. Critical issues

7. Marketing Programmes

6. Market Segmentation

5. Marketing Strategy

4. Marketing Goals

3. Market Analysis

2. Product Introduction

1. Executive Summary

Page 19: Relationship Marketing

To continue with our well established general marketing initiative via general training, web interfaces, training brochures, posters, newsletters and e-mail messages

To concentrate on four identified niche markets to take our marketing and ScienceDirect usage to a higher level

MARKETING STRATEGYMARKETING STRATEGY

© www.amarwin.com

Page 20: Relationship Marketing

MARKET SEGMENTATIONMARKET SEGMENTATION

2 Paper lovers • All faculties: 800

4 Innovation managers/ teaching consultants

• All faculties: 22

Young researchers3 • All faculties: 9700

1 1st Year students• NSE 800 • VET 23 • EBIT 1183

© www.amarwin.com

Page 21: Relationship Marketing

E-only generation Searching, articles immediately available, logical place to start, combine with Scirus

Paper lovers Alerts, (TOC and subjects), additional content, browsing, customisation, PDF

Pyramid climbers Alerts, Citations, author gateway, searching, SD subject specific portals

Innovation managers and teaching consultants

Modern features, tool to drive innovation

MARKETING PROGRAMMES:MARKETING PROGRAMMES:ProductProduct

© www.amarwin.com

Page 22: Relationship Marketing

E-only generation

Group training, bags, screen savers, SD splash, word of mouth, posters SMS messages, self help training program, lecturers, tutors

Paper lovers Personal training sessions, campus news, SD splash, brochures, departmental meetings, e-mail, listserves

Pyramid climbers

Training workshop for authors, posters, e-mail, listserves, COP’s, UPeTD (e-thesis), word of mouth

Innovation managers and teaching consultants

Personal contact, campus news, listserves, e-mail, teasers, newsletters

MARKETING PROGRAMMES:MARKETING PROGRAMMES:PromotionPromotion

© www.amarwin.com

Page 23: Relationship Marketing

E-only generation

Empowerment

Paper lovers Convenience

Pyramid climbers

Recognition

Innovation managers and teaching consultants

Innovation

MARKETING PROGRAMMES:MARKETING PROGRAMMES:Value propositionValue proposition

© www.amarwin.com

Page 24: Relationship Marketing

THANK YOU DEAR FRIEND

WITH REGARDS

AMARNATHAMARNATH

www.amarwin.comwww.amarwin.comKV INSTITUTE OF MANAGEMENT AND

INFORMATION STUDIES

COIMBATORE

E-mail: [email protected]: [email protected]