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Top 10 Concepts Managing A Holistic Marketing Organization for the Long Run Miguel S. Vea Dec. 1, 2009

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Page 1: Top 10 Concepts

Top 10 Concepts

Managing A Holistic Marketing Organization for the Long Run

Miguel S. VeaDec. 1, 2009

Page 2: Top 10 Concepts

Outline: Modern marketing departments are evolving because:

1. Role of Marketing is changing

2. Everyone must now be involved

3. Can be arranged in different ways

4. “Think customer”

5. Companies are transforming

Page 3: Top 10 Concepts

Outline: Modern marketing departments are evolving because:

6. Must be matched with high level CSR

7. Cause-related Marketing is in

8. Implement properly

9. Monitor and control

10. holistic, not departmental

Page 4: Top 10 Concepts

The role of Marketing is changing

• From middleman….

• To integrator of all customer-facing processes

Page 5: Top 10 Concepts

Everyone must be involved

Everyone in the organization must

• Buy into concepts and goals• Engage in choosing,

providing, communicating customer value

• ALL employees create, serve, satisfy

Page 6: Top 10 Concepts

Modern Marketing departments can be arranged in different

ways• Functionally

• Geographically

• By product

• By market

• Matrix

Page 7: Top 10 Concepts

The need for all to “think customer”

• Strong cooperation with other departments

• Balanced orientation in determining customer’s best interest

Page 8: Top 10 Concepts

Companies are transforming…

• ….into market-driven companies

• Developing passion for customers

• Understanding customers via research

Page 9: Top 10 Concepts

Effective marketing must be matched with CSR

• A strong sense of ethics, values, and social responsibility

• A more active and strategic role with CSR

• Most admired companies serve people’s interests

Page 10: Top 10 Concepts

Linking contributions to a designated cause

• Improves social welfare• Improves brand positioning• Strengthens consumer

bond• Enhance public image• Boost internal morale• Drive sales• Increase market value

+

+

=

Page 11: Top 10 Concepts

Implement properly

• Strategy is useless if not implemented properly

• Great not for what it is but what it does!

• The who, where, when, and how of marketing activities

Page 12: Top 10 Concepts

Monitor and control

• To know if planned results are being achieved

• Making money

• Efficient spending

• Opportunities being pursued

Page 13: Top 10 Concepts

Holistic. NOT departmental

• A larger influence = main architects of strategy

• Continuously create new ideas; treat customers differently but appropriately

• Modern Marketing will continue to evolve and confront new challenges

NOT

Page 14: Top 10 Concepts

Summary

1. Marketing is an integrator

2. Whole company must be involved

3. Organized in different ways

4. Cooperation from all departments

5. From product to market – driven

Page 15: Top 10 Concepts

Summary

6. CSR complements effective marketing

7. Contribution to a cause = boost in sales

8. Implement properly

9. Monitor and control

10.Holistic