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Shared Marketing knowledge read for fun.
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andie_zhang    等级  瓶子

楼主 发表于  2016/4/13 12:24:23    编 辑   

(allcontents from “Marketing Management” by PHILIP KOTLER and KEVIN LANE KELLER)

H&M is able to put products out quickly andinexpensively by:

1.
Having few middlemen and owning nofactories.

2. Buying large volumes.

3. Having extensive experience in theclothing industry.


4. Having a great knowledge of whichgoods should be bought from which markets.

5. Having efficient distribution systems.

6. 
Being cost-conscious at everystage.
andie_zhang    等级  瓶子

2 楼 发表于  2016/4/15 10:44:01    编 辑   

(allcontents from “Marketing Management” by PHILIP KOTLER and KEVIN LANE
KELLER.)



Thevalue creation and delivery sequence consists of three parts (each of thesevalue
phases has cost implications):



1.  The first phase: choosing thevalue.

l Itrepresents the “homework” marketing must do before any product exists.

l Themarketing staff must segment the market, select the appropriate market target,
and develop the offering’s value positioning.


l Theformula STP (segmentation, targeting, positioning) is the essence of strategic
marketing.



2.  The second phase: providing thevalue.

l Marketingmust determine specific product features, prices and distribution.



3.  The third phase: communicating thevalue.

l Byutilizing the sales force, sales promotion, advertising, and othercommunication
tools to announce and promote the product.
andie_zhang    等级  瓶子

3 楼 发表于  2016/4/16 16:39:20    编 辑   

(all contents from “Marketing Management” by PHILIP KOTLER and KEVIN LANE KELLER.)

The value delivery process begins before there is a product and continues while it is being developed and after it becomes available. The Japanese have further refined this view with the following concepts:

@Zero customer feedback time.Customer feedback should be collected continuously after purchase to learn how to improve the product and its marketing.

@Zero product improvement time.The company should evaluate all improvement ideas and introduce the most valued and feasible improvements as soon as possible.

@Zero purchasing time.The company should receive the required parts and supplies continuously through just-in-time arrangements with suppliers. By lowering its inventories, the company can reduce its costs.

@Zero setup time.The company should be able to manufacture any of its products as soon as they are ordered, without facing high setup time or costs.

@Zero defects.The products should be of high quality and free of flaws.
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