Submitted By:: Emerging Trends in Marketing, Analyzing Competitors, Industry Concept of Competition
Submitted By:: Emerging Trends in Marketing, Analyzing Competitors, Industry Concept of Competition
Submitted By:: Emerging Trends in Marketing, Analyzing Competitors, Industry Concept of Competition
SUBMITTED BY :
AARZOO KHAN
ADITI GUPTA
ADITI JAIN
AMISHA AGARWAL
ANJALI MOHITE
AYUSHI JAIN
MBA-A (II SEM)
What is Marketing ?
The action or business of promoting and selling products or
services, including market research and advertising.
4 P’s of Marketing
The management process through which goods and services
move from concept to the customer.
Present Marketing
In the present scenario of marketing, it has changed the
world ,and now it is not like earlier that by giving
advertisement on television and newspaper will increase the
sales and awareness of the product.
It has come a long way to this situation.
There is a huge decline in newspaper and television
marketing when compared to Modern marketing.
21st century way of marketing
Social Marketing
Relationship Marketing
Green Marketing
Competitor Analysis
Main Purpose: –
1. Identify top competition
2. Determine strengths/weaknesses of competition
3. Develop strategies based on analysis to increase success
Analyze successful and unsuccessful competitors
What is Industry Analysis?
Industry
An industry is a group of firms producing a similar product
or service, such as airlines, fitness drinks, furniture, or
electronic games.
Industry Analysis
Is business research that focuses on the potential of an
industry.
Industry Concept of Competition
Number of sellers and degree of differentiation
1.Pure monopoly : Only one firm provides a certain product or
service in a certain country or area.
2.Oligopoly : A small number of large firms produce products that
range from highly differentiated to standardized.
3.Monopolistic competition: Competitors focus on market
segments where they can meet customer needs in a superior way
and command a price premium.
4.Pure competition : Many competitors offer the same product
and service. Because there is no basis for differentiation,
competitors’ prices will be the same.