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EVOLUTION
OF
MARKETING

Prof Prashant Kumar Gupta
Jain College Of MBA and MCA
Production • Emphasis On
Producing
Concept
Goods
Product
Concept

• Producing
Quality Goods

Selling
Concept

Orientation
Towards The
Market Place

• Aggressive
Selling &
Promotion
Marketing
Concept

• Right products
for Customers

Holistic
Marketing
Concept

• Do
everything
possible
Production Concept

Oldest Concept

Believed That Consumers Prefer Available Goods

Focus Is On Efficient Production And Mass Distribution

This Orientation Makes Sense In Developing Countries

Efforts On Reducing Costs To Provide Inexpensive Goods
Product Concept
Focus Is On Making Superior Goods

Believed That Consumers Prefer Goods With Best Quality
& Innovative Features

Importance Is Given To Improvising The Product

Less Focus On Consumers Need

Goods Sell Themselves
Selling Concept
Aggressive Selling And Promotion Effort

Sell More Stuff To More People And More Often

Used With Goods Which Buyers Usually Don’t Think Of
Buying (Unsought Goods) Such As Insurance
Sell What Is Made Not What Market Wants

Carries High Risk As Can Result Into Negative Word Of
Mouth
Marketing Concept
Emerged In Mid 1950s

Find Right Product For The Customers

Focus Is On Creating, Communicating And Delivering
Superior Customer Value
Build Profit Through Customer Satisfaction And Loyalty

Begins With Well Defined Market And Ends With Long Term
Relationship
Holistic Marketing Concept
Acknowledges That Everything Matters In Marketing

Relationship
Marketing

Social
Responsibility
Marketing

Components

Internal
marketing

Integrated
Marketing
Relationship
Marketing
Build Mutually Satisfying Long Term
Relationship

Key Parties Being Customers, Suppliers,
Distributors And Marketing Partners

Focus Is On Developing A Market
Network Of Customers, Employees,
Suppliers, Retailers, Ad Agencies, Etc.
Objective Is To Built Mutually Profitable
Business Relationship Which Will Make
Profits To Follow
Integrated
Marketing

Marketing Activities Are
Employed To Communicate & Deliver
Value In A Co-ordinated Manner
Use of Marketing Mix – The 4 Ps
Influence Trade Channels As Well
Final Consumers Using Offering Mix
and Communication Mix
Offering Mix – Product, Price and
Services
Communication Mix – Advertising,
Sales Promotion, PR, Events &
Experiences, Direct Marketing and
Personal Selling
Internal Marketing

Ensuring that everyone in the
organisation embraces appropriate
marketing principles
Task of hiring, training and
motivating employees who want to
serve customers well
No sense in promising excellent
services unless the employees are
ready for it
Works at two levels – Marketing
Research and Marketing functions
like advertising, customer service,
and product management
Marketing functions must be coordinated from the point of view of
the customer
Social Responsibility
Marketing

Focus is on enhancing social welfare

Marketers consider the role that they are
playing and could play in terms of social
welfare

Understanding broader concepts and ethical,
environmental, legal and social context of
marketing activities
Begins At

Focus

Means

Profit

Marketing Concept
Target
Market

Customer
Needs

Co-ordinated
Marketing

Customer
Satisfaction

Selling Concept
Factory

Products

Means

Profit
Thank You…!

That’s It For
Today 

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Evolution Of Marketing

  • 1. EVOLUTION OF MARKETING Prof Prashant Kumar Gupta Jain College Of MBA and MCA
  • 2. Production • Emphasis On Producing Concept Goods Product Concept • Producing Quality Goods Selling Concept Orientation Towards The Market Place • Aggressive Selling & Promotion Marketing Concept • Right products for Customers Holistic Marketing Concept • Do everything possible
  • 3. Production Concept Oldest Concept Believed That Consumers Prefer Available Goods Focus Is On Efficient Production And Mass Distribution This Orientation Makes Sense In Developing Countries Efforts On Reducing Costs To Provide Inexpensive Goods
  • 4. Product Concept Focus Is On Making Superior Goods Believed That Consumers Prefer Goods With Best Quality & Innovative Features Importance Is Given To Improvising The Product Less Focus On Consumers Need Goods Sell Themselves
  • 5. Selling Concept Aggressive Selling And Promotion Effort Sell More Stuff To More People And More Often Used With Goods Which Buyers Usually Don’t Think Of Buying (Unsought Goods) Such As Insurance Sell What Is Made Not What Market Wants Carries High Risk As Can Result Into Negative Word Of Mouth
  • 6. Marketing Concept Emerged In Mid 1950s Find Right Product For The Customers Focus Is On Creating, Communicating And Delivering Superior Customer Value Build Profit Through Customer Satisfaction And Loyalty Begins With Well Defined Market And Ends With Long Term Relationship
  • 7. Holistic Marketing Concept Acknowledges That Everything Matters In Marketing Relationship Marketing Social Responsibility Marketing Components Internal marketing Integrated Marketing
  • 8. Relationship Marketing Build Mutually Satisfying Long Term Relationship Key Parties Being Customers, Suppliers, Distributors And Marketing Partners Focus Is On Developing A Market Network Of Customers, Employees, Suppliers, Retailers, Ad Agencies, Etc. Objective Is To Built Mutually Profitable Business Relationship Which Will Make Profits To Follow
  • 9. Integrated Marketing Marketing Activities Are Employed To Communicate & Deliver Value In A Co-ordinated Manner Use of Marketing Mix – The 4 Ps Influence Trade Channels As Well Final Consumers Using Offering Mix and Communication Mix Offering Mix – Product, Price and Services Communication Mix – Advertising, Sales Promotion, PR, Events & Experiences, Direct Marketing and Personal Selling
  • 10. Internal Marketing Ensuring that everyone in the organisation embraces appropriate marketing principles Task of hiring, training and motivating employees who want to serve customers well No sense in promising excellent services unless the employees are ready for it Works at two levels – Marketing Research and Marketing functions like advertising, customer service, and product management Marketing functions must be coordinated from the point of view of the customer
  • 11. Social Responsibility Marketing Focus is on enhancing social welfare Marketers consider the role that they are playing and could play in terms of social welfare Understanding broader concepts and ethical, environmental, legal and social context of marketing activities
  • 13. Thank You…! That’s It For Today 