Not me, I'm
an accountant. Not me, I'm a janitor. Not me,
I'm the CEO. Not me, I'm a professor. Not
me, I'm a doctor. Not me, I'm the mayor.
Accept if you will
the following definition of marketing. Marketing
is the process of creating and retaining satisfied, if not delighted,
customers. You may call customers clients, consumers,
students, patients or taxpayers, but they are the ones who purchase
your
goods or services, pay your salaries, provide returns to shareowners.
Marketing is sometimes defined with four P's. I suggest
there are six P's. It may be helpful to think about six
P's times one Q equaling V.
The first P is the products or services
the organization offers. It
includes every function or feature of the product or service,
its reliability, its maintainability, its life.
The second P
is for price. This includes all variations of
price depending on quantity and timing, as well as all terms
and conditions of the purchase.
The third P is promotion — all
direct and indirect sales and service effort, advertising and
public relations.
The fourth P is place — all locations — physical
or electronic - where the products and services are offered or
delivered.
The fifth P is processes. This involves all
the processes, systems and technology utilized within the organization
and among
its external suppliers and partners to create and retain customers.
The sixth P is, of course, all the people who make the organization
customer satisfying, cost effective and timely with competence
and courtesy. It includes leaders who empower the right
people to do the right things right, the first time at the
right time — and who demonstrate and encourage ethical decision making and
risk taking.
The Q is quality, including every aspect of the
work done in the organization and at the suppliers and partners. All
this work should be subject to continuous improvement and periodic
innovation. Quality
is ultimately defined by customers; they need to be asked. And
that is only part of what needs to be measured to insure long
term customer satisfaction.
Customers and potential customers
somehow integrate all this and decide to buy or stay away or
come back by determining
for themselves
the V — value.
Everyone in an organization is involved in marketing
in this broad sense. You are either serving customers directly
or serving those who serve customers. If not, what is it
you do and why does the organization need you? |