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Introduction to marketing : a value exchange approach (3rd ed.) Edited by Mark Gabbott Published by Pearson SprintPrint (2003) |
Book description
The Introduction to marketing
: a value exchange framework underlies
the structure and content of this brand new introductory marketing offering. The
role of marketing is to facilitate the achievement of the organisations
objectives be it selling physical products, providing services, communicating
ideas or generating knowledge both within and between itself and the wider
community.
The concepts of understanding, creating, communicating and delivering value to
the customer is the overriding approach of the book. The content and structure
of the book reflect this. It is divided into six parts: Defining Value,
Understanding Value, Creating Value, Communicating Value, Delivering Value and
Managing Value Exchange
Historically marketing texts have focused on the 4 Ps - Products, Pricing,
Promotion and Place. Over time the 7Ps developed. The Ps have become the
standard levers that marketers pull to depending on operating conditions to
arrive at some optimal combination of these 4 or 7 things. It is though the 4 or
7 Ps do not adequately summarise the complexity or diversity of the contemporary
marketing environment from a social, economic or organisational perspective. The
Value Exchange approach is a broader, more inclusive model. [Publisher's
website - 4th ed. description]
About the Author
Professor Mark Gabbott is the head of the Department of Marketing at Monash University. Prior to his appointment at Monash University Professor Gabbott was a researcher and lecturer at the University of Stirling in the areas of Electronic and Direct Marketing, Services Marketing, Consumer Behaviour and Consumer Policy.
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