Chapter8 Philip Kotler Marketing PPT

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    8

    CompetitiveDynamics

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    Copyright 2013 Dorling Kindersley (India) Pvt Ltd. Athori!ed adaptation

    "ro# the $nited %tates edition o" Marketing Management, 14e.

    &'2

    Chapter Questions

    o *an #ar+et leaders e,pand the total #ar+etand de"end #ar+et share-

    o shold #ar+et *hallengers atta*+ #ar+et

    leaders-

    o *an #ar+et "olloers or ni*hers *o#petee""e*tively-

    hat #ar+eting strategies are appropriate at

    ea*h stage o" the prod*t li"e *y*le-

    o shold #ar+eters ad/st their strategies and

    ta*ti*s "or an e*ono#i* dontrn or re*ession-

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    Figure 8.1

    HypotheticalMarket Structure

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    Expanding the Total Market

    Ne custo!ersMore usage

    Additional opportnities to se the rande ays to se a rand

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    "rotecting Market Share

    Proa*tive 4ar+eting

    De"ensive 4ar+eting

    In*reasing 4ar+et %hare

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    Figure 8.# Types o$

    %e$ense Strategies

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    Figure 8.& The Concept o$ 'pti!al

    Market Share

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    Market Challenger Strategies

    De"ine the strategi* o/e*tive and opponents

    Choose a general atta*+ strategy

    Choose a spe*i"i* atta*+ strategy

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    (eneral )ttack Strategies

    8rontal atta*+

    8lan+ atta*+

    9n*ir*le#ent atta*+

    :ypass atta*+

    ;erilla ar"are

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    Market Folloer Strategies

    Conter"eiterClonerI#itator

    Adapter

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    Market Nicher Strategies

    i*hers have three tas+s< Creating ni*hes

    9,panding ni*hes

    Prote*ting ni*hes

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    Niche Specialist *oles

    9nd'$ser %pe*ialist

    =erti*al'Level

    %pe*ialist

    Csto#er'%i!e%pe*ialist

    %pe*i"i*'Csto#er

    %pe*ialist ;eographi*

    %pe*ialist

    Prod*t'Line

    %pe*ialist

    >o'%hop

    %pe*ialist ?ality'Pri*e

    %pe*ialist

    %ervi*e'%pe*ialist Channel %pe*ialist

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    "roduct +i$e Cycles

    1. Prod*ts have a li#ited li"e.2. Prod*t sales pass throgh distin*t stages@

    ea*h posing di""erent *hallenges@

    opportnities@ and prole#s to the seller.

    3. Pro"its rise and "all at di""erent stages o"

    the prod*t li"e *y*le.

    . Prod*ts reire di""erent #ar+eting@

    "inan*ial@ #an"a*tring@ pr*hasing@ andh#an resor*e strategies in ea*h li"e'

    *y*le stage.

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    Figure 8., Sales and

    "ro$it +i$e Cycles

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    Figure 8.-a

    Co!!on "+C "atterns

    (roth/Slu!p/Maturity

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    Figure 8.-0

    Co!!on "+C "atterns

    Cycle/*ecycle

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    Figure 8.-c

    Co!!on "+C "atterns

    Scalloped

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    Figure 8. Style2 Fashion2 and Fad

    +i$e Cycles

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    Maintaining a Market )d3antage

    8a*tors nderpinning long'ter# #ar+etleadership< =ision o" a #ass #ar+et Persisten*e Belentless innovation 8inan*ial *o##it#ent Asset leverage ovelty

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    Strategies $or %e3eloping a

    "ioneer )d3antage

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    (roth/Stage Strategies

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    Maturity/Stage Strategies

    ;roth stage< sales groth starts to slo no ne

    distrition *hannels to "ill ne *o#petitive "or*es

    e#erge%tale stage< sales per *apita "latten e*ase o"#ar+et satration "tre sales depend on poplation

    groth and repla*e#ent de#andDe*aying #atrity< the asolte level o" sales starts

    to de*line *sto#ers egin sit*hing to other

    prod*ts

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    Changing 4rand Course

    4ar+et 4odi"i*ation

    Prod*t 4odi"i*ation

    4ar+eting Progra#

    4odi"i*ation

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    %ecline

    De*lining sales

    Lo *ost per *sto#er

    De*lining pro"its

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    Marketing in an

    Econo!ic %onturn

    Invest

    ;et *lose to

    *sto#ers

    Bevie dgets $se a *o#pelling

    vale proposition

    8ine'tne o""erings

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    For *e3ie

    o *an #ar+et leaders e,pand the total #ar+etand de"end #ar+et share-

    o shold #ar+et *hallengers atta*+ #ar+et

    leaders-

    o *an #ar+et "olloers or ni*hers *o#petee""e*tively-

    hat #ar+eting strategies are appropriate at

    ea*h stage o" the prod*t li"e *y*le-

    o shold #ar+eters ad/st their strategies and

    ta*ti*s "or an e*ono#i* dontrn or re*ession-