Core Concepts of Marketing
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Core Concepts of
Marketing
John Burnett
Copyright © 2008 by John Burnett
For any questions about this text, please email: drexel@uga.edu
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his book is licensed under a C
reative Commons Attribution 3.0 License
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Core concepts of marketing
2
A Global Text
PREFACE
Through good economic times and bad, marketing remains the pivotal function in any busi-
ness. Determining and satisfying the needs of customers through products that have value
and accessibility and whose features are clearly communicated is the general purpose of
any business. It is also a fundamental definition of marketing. This text introduces students
to the marketing strategies and tools that practitioners use to market their products.
BALANCED COVERAGE
To emphasize how various marketii1g areas work together to create a cohesive strategy, I
define and explain the various marketing areas and their comparative strengths and weak-
nesses, as well as stress how to best "mix" marketing tools in a strategic, integrated plan.
The book begins with a discussion of the marketing planning process, continues with a dis-
cussion of the preliminary tasks of developing the plan, and concludes witb the tactics avail-
able to the marketing planner. This complete coverage ensures that students will learn how
to plan, execute, and evaluate a marketing program that is effective and efficient from start
to finish .
INTERNATIONAL AND TECHNOLOGY COVERAGE
Introducing Marketing recognizes the impact of the global community on marketing prac-
tices. International implications are discussed in Chapter 6 and are also integrated into the
text through relevant examples.
Technology is altering many marketing practices. The World Wide Web. databases,
tracking devices, and market simulations are only a few examples of the ways technology
has affected marketing strategies. Technology coverage is woven throughout the text, fea-
tures, and end-of-chapter materials of this book. (Note that because technology is chang-
ing so rapidly, it is virtually impossible for a text such as this to remain absolutely current.) CURRENT EXAMPLES FROM A LL
TYPES AND SIZES OF BUSINESS
This book demonstrates how companies use marketing. Specific examples appear not only
in text discussions, but also in the chapter openers, the Integrated Marketing and Newsline
boxes, and the end of chapter cases. Examples and stories bring theory to life, demonstrating
the relevance of the reaaing. The example subjects are vivid, current, and varied. They range
from Fortune 500 companies to smaller, privately held businesses. The text also focuses on
international companies of all sizes.
v
vi
PREFACE
Learning is not always about success stories. Diagnosing problems and failures is an
important aspect of critical thinking, and examples of such are introduced to challenge s t u
dents to learn from others' mistakes and better manage real-world problems.
A CLEAR, EFFECTIVE ORGANIZATION
Time is a precious commodity to instructors and students. Market feedback revealed that
instructors want an introductory marketing text that (1) covers the basics well and (2) omits
unnecessary detail. Careful seleCtion of topics, appropriate depth of coverage, and concise
writing helpcd us meet those two objectives. Instead of the typical 20-25 chapters, this text
offers 10 chapters of manageable length.
HELPFUL PEDAGOGY
We introduce several features to reinforce learning and help students build business skills
that they can use on tne job. Our comprenensive learning system enables students to mas-
ter materials quickly and thoroughly. Some features of that system include opening vignettes,
performance-basec learning objectives, concept reviews, Integrated Marketing boxes,
Newsline boxes, end-of-chapter
and end-of chapter cases.
SUPPLEMENTS OF THE BOOK
The Instructor's Manual with Test Questions provides helpful teaching ideas, advice
on course development, sample assignments and chapter-by-chapter text highlights,
learning objectives, lecture outlines, class exercises and more. This manual also
includes multiple choice, true/false, and short answer text questions for each chapter.
• PowerPoint Presentations are available for download via the text web site
(www.wiley.com/college/burnett). These slides contain lecture outlines for each chap-
ter of the text.
• A computerized version of the Test Bank is available to instructors for customiza-
tion of their exams.
• Additional online resources are available to instructors via the text web site. These
resources include: In Practice
for each chapter, which relate directly to
the Wall Street ,Journal articles on-line; an interactive Study Guide; interactive web-
based cases; on-line chapter summaries; a Reading Room containing on-line arti-
cles from the Wall Street Journal, which correlate with key concepts and topics within
eacJl chapter of the text; and more.
ACKNOWLEDGMENTS
introducing Marketing, First Edition benefits from insights provided from marketing educators around the country that carefully read and critiqued draft chapters. I am pleased to
express my appreciation to the following colleagues for their contributions:
