This book is an attempt to capture and illustrate the trends and shifts in the marketing environment in India, which are driven by the following factors:
• Opening up of the Indian economy in the 90s
• Entry of multinational companies across industries
• Indian information technology space, leading the global change in the digital revolution
The Present Publication is the 3rd Edition, authored by Dr. Tapan K Panda, with the following noteworthy features:
• [Simple, Systematic & Comprehensive Explanation] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying marketing. The book tries to explain the subject matter through realistic and practical examples.
• [Student-Oriented Book] This book has been developed keeping in mind the following factors:
o Interaction of the author/teacher with thousands of students from different students of business schools across the globe
o Shaped by the author/teacher's experience of teaching the subject matter to varying levels for more than three decades
o Reactions and responses of students have also been incorporated at different places in the book
• [Vivid Examples of Marketing Practice in India] The author blends marketing concepts with Indian examples so that the students can find immediate relevance to the Indian marketing environment
• [Practical Application & On-field Projects] including internet-based project exercises and case studies to supplement conceptual inputs
• [Unique Conceptual & Application Questions] on Indian Marketing
The Book has 30 chapters divided into 8 Divisions.
• Almost all the chapters end with Conclusion, Key Terms, Conceptual Questions, Application Questions, Projects, Web Assignments, Chapter End Cases etc.
• Division 1 is about Introduction to Marketing. This division is divided into two chapters which are:
o Introduction to Marketing
o Creating & Delivering Customer Values
• Division 2 describes Marketing Planning Process. This division is divided into four Chapters which are:
o Marketing Planning
o Demand Measurement & Forecasting
o Managing Information System & Marketing Research
o The Environment for Marketing Decision
• Division 3 covers Consumer Behaviour & STP. This division consists of three chapters, which are:
o Consumer Behaviour
o Organizational Buyer Behaviour
o Market Segmentation, Targeting & Positioning
• Division 4 dealt with Marketing Mix-product & Services. This division is divided into six chapters which are:
o Managing the Product
o The Marketing of Services
o Management of New Product Development Process
o Managing the Product Life Cycles
o Managing Brands
o Managing Packaging & Support Services
• Division 5 describes Marketing Mix-Pricing. This division is divided into two chapters which are:
o Developing Pricing Strategies & Programs
o Pricing Applications
• Division 6 dealt with Marketing Mix-Place. This division is divided into three chapters which are:
o Managing Marketing Channels
o Management of Logistics & Physical Distribution
o Retail Management
• Division 7 describes Marketing Mix-Promotion. This division is divided into six chapters which are:
o Integrated Marketing Communication (IMC)
o Advertising Management
o Sales Promotion Management
o Publicity & Public Relations
o Sales Management
o Direct Marketing
• Division 8 is mainly devoted to Contemporary Issues in Marketing. This division is divided into four chapters which are:
o Marketing Organizations
o Rural Marketing
o High Technology Product Marketing
o Digital Marketing