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Enanching SMEs' Resilience After Lock Down

Value proposition in post-pandemic business models: innovative approaches to marketing
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Learning Outcomes

Objectives and goals

At the end of this module you will be able to:

Understand how businesses generate values
Determine the role of marketing in this value-generation process 
Outline the basics of the Marketing strategy

Value proposition: innovative approaches to marketing

Value: different approaches


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Variables determining value


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Inputs’ processing: IPO model


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IPO model stands for Input, Process and Output

Socio- Economic context: PEST analysis


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What can influence our business idea?

People


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People is the third variable determining value.

With people, we refer both to internal workforce and external stakeholders

Marketing: definitions


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Pillars of marketing practices


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Marketing Mix


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The 8 Ps Model can help companies to prepare their marketing plan

The marketing mix in the business plan


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Conclusions

Key takeaways

Value is determined by different variables
A good marketing plan should take into consideration the 8 Ps
Marketing elements have a crucial role in the business plan of a company



Keywords

Value proposition, marketing

Objectives/goals

• Understand how businesses generate values
• Determine the role of marketing in this value-generation process
• Outline the basics of the Marketing strategy

Description

This compact course on marketing aims to support SMEs to define market positioning strategies. Moreover, it provides the basics to define communication strategies, engage with external public, creating and retaining value for one’s own brand.

Bibliography

AMA (American Marketing Association). Definitions of Marketing. https://www.ama.org/the-definition-of-marketing-what-is-marketing/ 

Carniel, A. (2019). The ultimate guide to marketing mix: 4Ps, 7Ps, 8Ps, 4Cs, 7Cs. https://www.albertocarniel.com/post/marketing-mix 

Kotler, P., & Armstrong, G. (2020). Principles of marketing. Pearson education.

Magowan, K. (2019). Outcomes vs Outputs: What’s The Difference? https://www.bmc.com/blogs/outcomes-vs-outputs/

Streissguth, A. (2021). 8 Great Value Proposition Examples (+ 5 Key Takeaways). https://www.constantcontact.com/blog/value-proposition-examples/