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M arket-Based Management, 4 th edition. Market Potential, Market Demand, and Market Share. Chapter Three. Market Potential, Market Demand, and Market Share. Chapter Three Various forms of Market Demand and Opportunities Market Potential and Growth Product Life Cycle
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Market-BasedManagement, 4th edition Market Potential, Market Demand, and Market Share Chapter Three
Market Potential, Market Demand, and Market Share Chapter Three • Various forms of Market Demand and Opportunities • Market Potential and Growth • Product Life Cycle • Marketing Mix and Market Share Performance • Market Share and Development Metrics
Market Definition Narrow vs. Broad Market Focus
Market Opportunities Vertical vs. Lateral Market Demand
Market Potential Market Penetration vs. Market Demand Current Market Demand = Market Development Index (MDI) Maximum Market Demand
Five Forces of Market Potential • Awareness • Availability • Affordability • Ability to Use • Benefit Deficiency
Market Growth Three Forces of Market Growth 1. Market Potential 2. Market Penetration 3. Rate of Entry
Product Life Cycle Product Life Cycle and Marketing Profitability
The Marketing Mix • Product Awareness • Promotion and Advertising Channels • Product Attractiveness • Effect of Substitutes • Price Acceptability • Product Availability • Distribution and Location • Service Experience
Market Share Metrics • Market Share • Market Demand X Volume • Market Share Index (MSI) • Awareness X Preference X Intent to Buy X Availability X Purchase • Three Important Benefits of MSI • Share Development Index (SDI) • Actual Market Share/Potential Market Share
Importance of Market Definition and Analysis Encouraging Growth, PLC, and Hastening Adoption Marketing Mix Performance Market Share Tree Evaluation Market Performance Metrics Market Development Index Market Share Index Share Development Index Takeaways/Review
Marketing Performance Tools Market Demand and Unit Sales Volume
Marketing Performance Tools Customer Adoption and Product Adoption
Marketing Performance Tools Customer Adoption and Product Adoption Forces
Marketing Performance Tools Market Share Index and Share Development Index
Marketing Performance Tools Market Share Index and Share Development Index