Marketing Management
4th Edition
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SOLUTIONS
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MANUAL
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Mark Johnston, Greg Marshall
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Comprehensive Solutions Manual for Instructors
and Students
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9781260381917
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© Mark Johnston & Greg Marshall. All rights reserved.
Reproduction or distribution without permission is
prohibited.
© MEDGEEK
, TABLE OF CONTENTS
Solutions Manual – Marketing Management (4th Edition)
Authors: Mark Johnston and Greg Marshall
ISBN: 9781260381917
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PART I: UNDERSTANDING THE ROLE OF MARKETING MANAGEMENT
Chapter 1: Marketing in Today’s Business Milieu
Chapter 2: Marketing Foundations: Global, Ethical, Sustainable
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Chapter 3: Elements of Marketing Strategy, Planning, and Competition
PART II: INFORMATION FOR MARKETING DECISIONS
Chapter 4: Market Research Essentials
Chapter 5: CRM, Big Data, and Marketing Analytics
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Chapter 6: Understand Consumer and Business Markets
PART III: THE MARKETING MIX: THE PRODUCT
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Chapter 7: Segmentation, Target Marketing, and Positioning
Chapter 8: Product Strategy and New Product Development
Chapter 9: Build the Brand
Chapter 10: Service as the Core Offering
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PART IV: THE MARKETING MIX: PRICE, CHANNEL, AND PROMOTION
Chapter 11: Manage Pricing Decisions
Chapter 12: Manage Marketing Channels, Logistics, and Supply Chain
Chapter 13: Promotion Essentials: Digital and Social Media Marketing
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Chapter 14: Promotion Essentials: Legacy Approaches and Personal Selling
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, Solution Manual for Marketing Management 4th EditionMark Johnston Greg
Marshall
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Chapter 01
Marketing in Today’s Business Milieu
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LEARNING OBJECTIVES
LO 1-1 Identify typical misconceptions about marketing, why they persist, and the resulting
challenges for marketing management.
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LO 1-2 Define what marketing and marketing management really are and how they contribute
to a firm’s success.
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LO 1-3 Appreciate how marketing has evolved from its early roots to be practiced as it is today.
LO 1-4 Recognize the impact of key change drivers on the future of marketing.
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CHAPTER OUTLINE
I. WELCOME TO MARKETING MANAGEMENT
II. MARKETING MISCONCEPTIONS
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A. Behind the Misconceptions
1. Marketing Is Highly Visible by Nature
2. Marketing Is More Than Buzzwords
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B. Beyond the Misconceptions and Toward the Reality of Modern Marketing
III. DEFINING MARKETING
A. Value and Exchange Are Core Marketing Concepts
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B. A New Agenda for Marketing
IV. MARKETING’S ROOTS AND EVOLUTION
A. Pre-Industrial Revolution
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© McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw Hill LLC.
, B. Focus on Production and Products
C. Focus on Selling
D. Advent of the Marketing Concept
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1. The Marketing Mix
E. Post-Marketing Concept Approaches
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1. Differentiation Orientation
2. Market Orientation
3. Relationship Orientation
4. One-to-One Marketing
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V. CHANGE DRIVERS IMPACTING THE FUTURE OF MARKETING
A. Shift to Product Glut and Customer Shortage
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B. Shift in Information Power from Marketer to Customer
C. Shift in Generational Values and Preferences
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D. Shift to Distinguishing Marketing (Big M) from marketing (little m)
1. Marketing (Big M)
2. marketing (little m)
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E. Shift to Justifying the Relevance and Payback of the Marketing Investment
VI. YOUR MARKETING MANAGEMENT JOURNEY BEGINS
VII. SUMMARY
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KEY TERMS
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marketing management The leading and managing of the facets of marketing to improve
individual, unit, and organizational performance.
marketing’s stakeholders Any person or entity inside or outside a firm with whom marketing
interacts, impacts, and is impacted by.
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© McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw Hill LLC.