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  1. Marketing plan process. Give the characteristics of each elements of this model.

A marketing plan is a written document that details the necessary actions to achieve one or more marketing objectives. It can be for a product or service, a brand, or a product line.

Marketing plans cover between one and five years.

A marketing plan may be part of an overall business plan.

marketing process model

1. market&environment analysis

2. fixing marketing target

3. setting marketing strategy

4. marketing mix

5. marketing controlling

elements of marketing planning

1. marketing planning aims and objective

2. detailed plans and programs

3. measurement of progress

4. using of marketing plans

5. budgets as managerial

  1. What are the needs, wants and demand? What are the differences? Give the examples.

Needs describe basic human requirements. Needs become wants when they are directed to specific objects that might satisfy the need.

Demands are wants for specific products backed by an ability to pay.

The marketer must try to understand the target market’s needs, wants, and demands. Needs are the basic human requirements. People need food, air, water, clothing, and shelter to survive. People also have strong needs for recreation, education, and entertainment. These needs become wants when they are directed to specific objects that might satisfy the need. An American needs food but wants a hamburger, French fries, and a soft drink. A person in Mauritius needs food but wants a mango, rice, lentils, and beans. Wants are shaped by one’s society. Demands are wants for specific products backed by an ability to pay. Many people want a Mercedes; only a few are able and willing to buy one. Companies must measure not only how many people want their product but also how many would actually be willing and able to buy it.

These distinctions shed light on the frequent criticism that “Marketers do not create needs” or “marketers get people to buy things they don’t want”. Marketers do not create needs. Needs preexist marketers. Marketers, along with other societal factors, influence wants. Marketers might promote the idea that a Mercedes would satisfy a person’s need for social status. They do not, however, create the need for social status.

  1. What is the marketing network? Give the characteristics of each element

The ultimate outcome of relationship marketing is the building of a unique company asset called a marketing network.

A marketing network consists of the company and its supporting stakeholders (customers, employees, suppliers, distributors, university scientists, and others) with whom it has built mutually profitable business relationships.

Network marketing is a business model that is based on a company distributing products and services through a network of independent contractors. Network marketing is also popularly known as multi-level marketing (MLM), affiliate marketing, and tiered marketing. Some of the most well known network marketing companies worldwide are Amway Corporation, Shaklee, Mary Kay, Tupperware and Avon.