Marketing Management for Beginners: How to Create and Establish Your Brand With the Right Marketing Management, Build Sustainable Customer Relationships and Increase Sales Despite a Buyer’s Market
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About this ebook
Are you interested in marketing management, but need a summary of the basics to properly understand it and evaluate opportunities for yourself? Then this guide is just what you need: Intelligent marketing management is an important tool for brand building and sustainable customer loyalty.
Here you will get an introduction to marketing management and its most important basics: What does the term actually mean these days and what goals does it pursue?
Surely you have heard of the well-known marketing mix, but what exactly is behind it? How does the existing market look like, how are demarcations made and how do you develop a suitable marketing strategy on the basis of this information in order to be able to bind customers in the long term?
You will find easy-to-understand answers to all these questions in this book, which will help you to get a general overview of the basics.
In addition, you will receive important practical tips as well as a 10-step action plan for building your own marketing plan.
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Book preview
Marketing Management for Beginners - Sebastian Wahlig
Marketing management for beginners
––––––––
How to create and establish your brand with the right marketing management, build sustainable customer relationships and increase sales despite a buyer's market
Sebastian Wahlig
All advice in this book has been carefully considered and checked. Nevertheless, no guarantee can be given. Any liability of the author or the publisher for any personal injury, property damage or financial loss is therefore excluded.
All rights reserved, in particular the right to reproduce and distribute the translation. No part of this work may be reproduced in any form (by photocopy, microfilm or any other process) or stored, processed, duplicated or distributed using electronic systems without the written permission of the publisher.
Content
What can you expect in this book?
Introduction
Marketing Management in the 21st Century
Targets
Marketing mix
Markets and market participants
Introduction to market research
Market definitions
Marketing develop strategies and plans
Analysis of the initial situation
Selection of suitable strategies
Tips for an effective marketing strategy
Create customer loyalty
Basics of brand building
What are the most important steps in building brands?
The supply and demand curve
From theory to practice
The most important practical tips for more revenue generation from marketing
And now you: 10 steps to your marketing plan
What can you expect in this book?
Are you interested in marketing management, but need a summary of the basics to properly understand it and evaluate opportunities for yourself? Then this guide is just what you need: Intelligent marketing management is an important tool for brand building and sustainable customer loyalty.
Here you will get an introduction to marketing management and its most important basic principles: What does the term actually mean these days and what goals does it pursue?
Surely you have heard of the well-known marketing mix, but what exactly is behind it? What about the existing market, how are demarcations made and how do you develop a suitable marketing strategy on the basis of this information in order to be able to retain customers in the long term?
You will get easy-to-understand answers to all these questions in this book, which will help you get an overall view of the basics.
You'll also get important practice tips and a 10-step action plan for building your own marketing plan.
Introduction
Marketing Management in the 21st Century
In German, the term marketing means sales management and encompasses a wide range of strategies and corporate activities with the aim of presenting and ultimately selling a brand, product or service to one or more target groups. In the process, marketing management has undergone a major transformation over the past 100 years: The marketing we know today did not emerge until the end of the 19th century, because until then there were still the old familiar seller's markets. The range of products on offer was still very small compared to today, which is why the number of potential customers was concentrated on fewer products from which a selection had to be made. With the advance of industrialization and the resulting mass production, the number of products grew and the so-called buyer's markets emerged: a continuously growing number of suppliers compete for a smaller number of customers who are eligible for the product.
Good to know! In today's buyer's market, it's no longer about a customer buying a product at all, but the motto is: Buy my products instead of my competitor's.
Targets
Why should you learn about and use marketing activities? Quite simply, as you have already learned in the above