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APPROACHING TO CUSTOMERS AND EXPANDING THE MARKET SHARES Presented by Kyaw Nu Trainer of Office Management Training [email protected] What is marketed ? • • • • • • • • • • GOODS SERVICES EVENTS EXPERIENCES PERSONS PLACES PROPERTIES ORGANIZATIONS INFORMATION IDEAS • GOODS Physical goods (things that we can touch) billions of things (eg. fresh, canned, bagged,…..) millions of things (cars, refirgerators,TVs,……….) • SERVICES Activities airlines, hotels, car rental firms, barbers and beautifications, maintenance and repair people, professionals (eg. accountants, bankers, lawyers, engineers,……… Where the customers can consume both of above ? • EVENTS Professional marketers promote time-based events (trade shows, artistic performances, anniversaries, Olympics and World Cup,……………………………) • EXPERIENCES Make experiential marketing Buddha Gaya Walt Disney World's Magic Kingdom, Hard Rock Café, Climbing Mount Everest,……….. • PERSONS Celebrity Marketing Some can make themselves as a "brand". • PLACES Nations compete actively to attract tourists, factories, company headquarters and new residents. economic development specialists real estate agents commercial banks advertising ,public relation agencies (eg. Palm Island) • PROPERTIES Properties are intangible rights of ownership of either real property or financial property • ORGANIZATIONS Marketing to boost their public images and to compete for audiences and funds. (eg.NGOs'charity is sometimes marketing to raise the fund) • INFORMATION Schools and universities marketed information as a product. • IDEAS Public Awareness Campaigns "In the Factory, we make cosmetics; in the store, we sell hope" "Friends Don't Let Friends Drive Drunk " "A Mind Is a Terrible Thing to Waste" Who Markets ? • Negative Demand People know about the products so they don't want to buy • Nonexistent Demand People don't know about this product so they don't want to buy • Latent Demand People want to buy this product but can't available • Irregular Demand Increase demand at the season • Unwholesome Demand Not good for them but people would like to buy KEY CUSTOMER MARKETS Consumer Market Business Market Global Market Non Profit and Governmental Market Seller's View (4 Ps) Customer's View (4 Cs) Product Solution Price Cost Place Convenience Promotion Communication Types of Customers • Price Oriented Customers "Price is everything" • Solution Oriented Customers • Gold Standard Customers • Strategic Value Customers " Fairly permanent sole supplier relationship" Marketing Brief What’s customer perception? Think Feel Act Experience Sense Perception Marketing Brief Needs ? Wants ? Demands ? Marketing Brief Programming (User Data, Usability Test) Where to Sell ? Brand Posititioning (Strong Point, Differentiate) What price to offer ? Competitors data Engineering & Manufacturing data(Criteria) What features design ? Marketing concept How much spend for adv? Traditional organization Chart Modern Customer-oriented Organization Chart CUSTOMERS Top Management Front Line People Middle Management Middle Management Front Line People CUSTOMERS Top Manage -ment Customer Retention Strategy Sell multiple and bundled products Provide exceptional before and after sale service Deepen Relationships with customers through visits and sales meetings Capture and Retain customers to be lifetime customers Deliver goods to customers with speedy and high service distribution Tips for Building Loyalty • Attracting " Share of Wallet" • Retaining "Let the customers make more complains " • Growing "Use the staffs who are empathic" THANK YOU