100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Summary

Samenvatting Trends in Marketing

Rating
-
Sold
-
Pages
30
Uploaded on
11-05-2023
Written in
2021/2022

Samenvatting van 30 pagina's voor het vak Trends in Marketing aan de KdG

Institution
Course










Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Study
Course

Document information

Uploaded on
May 11, 2023
Number of pages
30
Written in
2021/2022
Type
Summary

Subjects

Content preview

Trends in Marketing
Chapter 1: SAVE model


Marketing basics
Marketing traditionally refers to all the activities carried out by a company to promote the sale of
products or services.

Traditionally, marketing was seen as the set of all activities aimed at promoting, together with the
sales department, the exchange of products or services.

Marketing is something from the early twentieth century ... One of the founders of systematizing
"marketing" into a model, is Philippe Kotler. He was the one, who described marketing simply as the
"science around the 4 P’s”: Product - Price - Place - Promotion (which later evolved into 5-6-7 P's or
even 5-6 C's).



 Sales people only think about the price, but marketeers don’t care
 The biggest problem in sales today is inflation (costs, so also prices are increasing)




Nowadays everything is about “service”, not about “product”
anymore

(Apple grows because of their service and marketing, not
because of their products)  apple is selling cloud (the
service)




Marketing basics - Brands
A brand is your promise to your consumers. It tells them what to expect from your products and
services, and it distinguishes your offerings from your competitors. Your brand is derived from who
you are, who you want to be and who people see you as.

"Brands" create certain "emotional" responses for consumers (positive and negative) that influence
consumer behavior.




1

,People are looking for brands, not for products anymore




Hartmut ROSA

Explanatory model for uncertainty of people, of consumers




For example: the use of phones  the rhythm of life is going faster and faster




2

, But in recent years the world of marketing has changed enormously.

The following developments are the causes of this "evolution":

a) the power of search engines ... and especially Google

b) the information, which is ubiquitous ... especially through all smartphone

and fast internet accesses (3G - 4G - 5G (?) ...)

c) the possibilities of communication through the various social media

d) the proven efficiency advantages of analyzing "data" making existing

customers a "source" of marketing

e) ... and soon ... the possibilities of "artificial intelligence"



 4G was the start of social media
 5G was the start of AI

SAVE model
Data and technology are driving a shift from the classic "4P" model to the "SAVE" model, benefiting
the marketer AND the consumer....




Save model is the better and more modern version of the 4P’s

SOLUTION
You’re thinking in terms of the consumer



The "SAVE" model can be used for all type of brands:

a) New brands  they need to start building their “solution”, “access” and
“education”

b) Existing brands  they need to focus on certain areas where there lacking
behind: “Access”, “Value”, “Education” … or could it be the “solution”



3

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
mganewouters Universiteit Antwerpen
Follow You need to be logged in order to follow users or courses
Sold
20
Member since
2 year
Number of followers
19
Documents
42
Last sold
8 months ago

4.8

5 reviews

5
4
4
1
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions