Marketing Management - RMBA56 - Jakarta
This
course describes determining a specified target market and using its sufficient
marketing sources to successfully serve the target market. Therefore, marketing
is an orderly and insightful process for thinking about and planning for
markets. The efforts are conducted in a superior way facing the age of
technology advancement. Customer lifetime value is perceived as a controlling
factor to formulate a broad strategy and refining it into a detailed marketing
mix, i.e. product, price, place or distribution and promotion, and action plan.
Planning, evaluation and improvement relating to the marketing mix need
marketing decisions by a manager. The decisions include who the company wants
as its customers, which needs to satisfy, what products and services to offer,
what prices to set, what communications to send and receive, what channels of
distribution to use, and what partnerships to develop. In making his/her
decisions, he/she might be influenced by uncontrollably environmental factors,
such as political, economic, social, legal, technology, demographic factors and
competition.