Marketing Principles and Process

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1. chapter Marketing Principles and Process Brent L. Rollins, PhD, RPh Learning Objectives 1. Define Marketing and describe how it functions as a Process . 2. Define and describe the general Principles of Marketing , including needs, wants, demand, and value, and apply these Principles to the pharmaceutical industry. 3. Identify and describe the traditional Marketing mix variables (product, price, place, and promotion) and how they uniquely function in the pharmaceutical industry. 4. Identify and describe how the Principles of segmentation, targeting, and positioning uniquely function in the pharmaceutical industry. 5. Identify the determinants of Marketing effectiveness and apply them to the evaluation of a pharmaceutical manufacturer. Case in Point 1-1. Marketing from Different Professionals' Perspectives As a student, professor, or healthcare software company employee, more often than not at some point an individual attends a national 1.

are just small pieces of a company’s or individual’s marketing efforts. Each piece, in addition to strategy, planning, and analysis, plays a role in the overall market-

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