Cover image for Marketing IT products and services
Title:
Marketing IT products and services
Personal Author:
Publication Information:
Boca Raton, FL : CRC Press, c2010
Physical Description:
xviii, 324 p. : ill. ; 25 cm. + 1 CD-ROM (12 cm.)
ISBN:
9781439803196
General Note:
Accompanied by CD-ROM : CP 025054

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Item Category 1
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30000010264930 HF5415 K464 2010 Open Access Book Book
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30000010270322 HF5415 K464 2010 Open Access Book Book
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Summary

Summary

Characterized by lightning quick innovation, abrupt shifts in technology, and shorter lifecycles, the marketing of IT products and services presents a unique set of challenges and often requires IT managers and developers to get involved in the marketing process. Marketing IT Products and Services is written to help busy IT managers and marketing managers get up to speed quickly and easily on what's needed to develop effective marketing strategies and campaigns.

Focusing on the unique issues involved, this one-stop resource provides everything needed to understand the roles, responsibilities, and management techniques essential for the development of successful strategies. It covers strategic market planning, targeting markets, researching markets, understanding the competition, integrating market and sales strategies, nuances of global markets, developing marketing budgets, pricing, and implementing marketing campaigns. A plethora of appendices included on the book's CD allows you to get up and running right away.

Aside from a complete marketing glossary, two complete marketing plans--one for a hardware product; the other for a software product--enable you to bypass the "scut" work of developing a marketing plan so you can focus on the creative aspects of marketing. Because a marketing plan is closely aligned with an organization's business and strategic plans, this book provides you with templates for both of these, as well as a template for that all-important business plan executive summary.

The CD also features loads of fill-in templates including customer and competitor analysis surveys, sample press releases, letters of agreement, demographic and target market worksheets, and cost benefit forms. If you have a marketing need, this book has an effective template to meet that need.


Author Notes

Keyes, Jessica


Table of Contents

Marketing IT Products and Servicesp. xiii
Acknowledgmentsp. xv
About the Authorp. xvii
1 Introduction to Strategic Marketing Managementp. 1
The Micro-Marketing Levelp. 3
The Macro-Marketing Levelp. 4
Business Plan versus Strategic Plan versus Marketing Planp. 4
Strengths, Weaknesses, Opportunities, Threats (Trends) (SWOT[T])p. 5
4Ps: The Marketing Mixp. 7
Marketing Planningp. 8
Marketing Ethicsp. 8
Subliminal Advertisingp. 10
Murketingp. 10
Conclusionp. 11
Referencesp11
2 Strategyand Implementationp. 13
Strategic Planningp. 14
Strategy Implementationp. 17
Implementation Problemsp. 21
Conclusionp. 24
Referencesp. 25
3 Understanding the High-Tech Customerp. 27
The Customer Satisfaction Surveyp. 28
Using Force Field Analysis to Listen to Customersp. 30
The Customer Economyp. 31
Conculusionp. 33
Referencesp. 34
4 The Expanding Marketp. 35
Global Markets and International Marketingp. 37
Strategic Dimensions of Technologyp. 40
Conclusionp. 44
Referencesp. 45
5 Market Researchp. 47
The Marketing Research Processp. 47
Step 1 Defining the Problemp. 48
Steps 2 and 3 Analyzing the Situation and Getting Problem-Specific Datap. 48
Step 4 Interpreting teh Datap. 49
Step 5 Solving the Problemp. 49
Target Markets: Segmentation and Evaluationp. 49
Competitive Analyzingp. 52
Conclusionp. 57
Referencesp. 57
6 Product Strategyp. 59
The Product Life Cyclep. 60
Product Life-Cycle Management (PLM)p. 62
The Product Development Processp. 64
Moving Ideas off the Conceptual Plane to the Marketplacep. 64
The S-Curve and Continuous Innovationp. 66
Branding and Positioningp. 68
Brading Checklistp. 69
Conclusionp. 72
Referencesp. 73
7 Innovation Managementp. 75
Encouraging Innovationp. 75
The R&D Processp. 77
Measuring Innovationp. 81
The Six Steps for Increasing Creativityp. 82
Step 1 Make Sure Your Company's Goals Are Consistent with Your Value Systemp. 82
Step 2 Pursue Self-Initiated Activity by Choosing High-Motivation Projectsp. 82
Step 3 Take Advantage of Unofficial Activityp. 84
Step 4 Be Open to Serendipityp. 84
Step 5 Diversify Your Stimulip. 84
Step 6 Create Opportunities for Information Communication (Meet and Greet)p. 84
Rewarding Employees for Innovative Ideasp. 85
Conclusionp. 86
Referencesp. 87
8 The IT Product Development Cyclep. 89
New Product or Service Introductionp. 89
The IT Product Development Processp. 91
Idea Generationp. 91
Idea Screeningp. 92
Concept Development and Testingp. 93
Marketing Strategy Developmentp. 93
Business Analysisp. 93
Evaluation of Total Salesp. 94
Evaluation of Profits and Costsp. 94
Product Developmentp. 94
Market Testingp. 95
Commercializationp. 95
When (Timing)p. 96
Where (Geographic Strategy)p. 96
To Whom (Target-Market Prospects)p. 97
How (Introductory Market Strategy)p. 97
Conclusionp. 97
9 Pricing Productsp. 99
Factors Affecting Pricing Decisionsp. 100
Pricing Strategyp. 102
The Internet's Effect on Pricingp. 104
The Ethics of Pricingp. 105
Pricing in a Global Environmentp. 106
Conclusionp. 106
Referencesp. 107
10 Communications Strategiesp. 109
Developing an Integrated Marketing Communications Programp. 110
Promotionp. 110
Traditional Marketing Strategiesp. 112
Print Advertisingp. 113
Radio and Television Advertisingp. 113
Public Relationsp. 113
Marketing in the Digital Agep. 114
Cutting-Edge Internet Marketing Strategiesp. 115
WOMM Strategiesp. 119
Using WOMM Services: P&G Tremor and BzzAgentp. 199
WOMM Methodologyp. 120
Search Engine Marketingp. 121
Search Engine Optimizationp. 121
Googlep. 123
Virtual Trade Showsp. 125
Conclusionp. 127
Referencesp. 128
11 Distribution Strategiesp. 129
Channels of Distributionp. 129
Selling Intermediariesp. 131
The Supply Chainp. 132
Multichannel Distributionp. 134
Packagingp. 135
Partnership Techniquesp. 135
Affiliatesp. 136
Acquisitionsp. 137
Joint Venturesp. 139
Negotiating the Sharing of Informationp. 140
Conclusionp. 142
Referencesp. 143
12 Marketing Implementation and Controlp. 145
Marketing Controlp. 145
Feedback Improves the Marketing Management Processp. 146
Good Implementation Builds Relationships with Customersp. 147
Sals Analysis Shows What's Happening in the Marketp. 147
Marketing Cost Analysisp. 148
Balanced Scorecardp. 148
Marketing Mathp. 149
Marketing Financial Analysis
Control Analysisp. 154
Markups and Markdownsp. 154
Marketing Auditp. 155
Marketing Manager Evaluationp. 156
Conclusionp. 157
Referencesp. 157
13 Social Networking and the Sales Strategyp. 159
Why Social Networkp. 159
Brand Advertising on Social Networksp. 161
Moving from Traditional to Socialp. 162
Conclusionp. 163
14 E-Commerce as a Sales Mediump165
Advantages of E-Commercep. 165
Disadvantages of E-Commercep. 166
Value Chains in E-Commercep. 166
The E-Commerce Modelp. 167
Niche Modelsp. 171
Chief Selling Propositionsp. 172
Internet Failuresp. 173
Web Site Legal Issuesp. 174
Privacy Policyp. 175
Terms and Conditionsp. 175
False Advertising and Unfair Competitionp. 176
Defamationp. 176
Use of Domain Namesp. 176
Tradematksp. 177
Copyfightsp. 177
Patentsp. 178
Conclusionp. 179
Referencesp. 180
Appendix A Sample Marketing Plan For Computer Hardwarep. 181
Appendix B Sample Marketing Plan for Computer Softwarep. 197
Appendix C Business Plan for an Established Businessp. 219
Appendix D Strategic Plan-Samplep. 239
Appendix E Business Plan Executive Summaryp. 243
Appendix F Business Plan for a Start-Up Businessp. 253
Appendix G Marketing Plan for a Start-Up Businessp. 253
Appendix H Strategic Plan Outlinep. 281
Appendix I Marketing Glossaryp. 283
Indexp. 307