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Beizhanova A.T., Ilesbekov A.D.
Al-farabi Kazakh national university, Kazakhstan
Specifications of the innovative marketing technologies
The requirement for use of marketing methods is
becoming a topical issue in Kazakhstan’s economy. The development of innovative
marketing technologies in any sector of our country gives enterprises great
opportunities, including the achievement of high competitive ability in market,
make customers stare with unusual offer, creating new products and services and
its off take, as well as entry with innovative products and services into
international markets. Altogether innovative marketing technologies result in
development of our country’s economy. For example, innovative marketing
technologies encourage the nascency of new domestic products by increasing the activity,
revenue and potential of enterprises in any sector. The implementation of
marketing technologies in any area of economy contributes to enhancement of
competitive ability and the development of this area. The marketing is known as
a management and organizational system in enterprise activity which considers
all the processes occurring around, as well as tool for development of
manufacture and community in general. The appliance of marketing technologies
allows enterprises to promote their resources in common, including the products
and services, materialization of them, it also allows to select the most
effective methods of promotion of each product. In addition to this, it affects
the effectiveness of the enterprises’ performance. The facilities should
continuously analyze the changes occurring in the business environment in order
to work economically advantageous in terms of free market economy. The ability
to forecast such changes grounds the marketing bases [1].
It’s substantial to review short descriptions
of marketing prior to studying the specifications of the marketing
technologies, because the development of marketing technologies is allied to
marketing. The most common definitions of marketing suggested by foreign and
national scientists will be considered below [2]. 1. The definitions considering the
marketing as commercialization of goods and services. It particularly focuses
on promotion of goods and services into the market. This point of view is
constrained because the authors of this definition equalize the marketing to
commercialization, sales and advertising. In this situation it makes sense to
mention the following quotation said by Kotler, P.: “The sales are insufficient
top of marketing iceberg, it’s just a one of the focal point of marketing”. 2.
The marketing is considered to be an essential object of management. In this
context the marketing refers to the management system of company’s
manufacturing and sales activity. This point of view does not detail the
features of marketing as common economical phenomenon. Link the marketing to
management doctrine does not allow to determine the economical and social
baseline as being the instrument of forming the market relationships. 3. The
marketing is philosophy of modern business, thinking style and goal which is
focused to address customers’ needs and wishes. The authors of such point of
view consider the marketing from social and economical aspects, but in this
definition the objectives of marketing seem to be too perfect. The definitions which consider the marketing as a social process providing the research and
satisfaction of wants and needs of people, show the social aspects of the
marketing [2, 12p].
Variety of marketing technologies is required
in order to increase the competitive ability in the market economy conditions.
That is the marketing technologies are methods oriented to successful
functioning of the company in market. The more detailed definition of this term
is given below by another author: “The marketing technologies are the sum of
actions and methods of decision making which determines the facility’s function
in managing the position in the market and is focused on setting the goal of
company and accomplishing it” [2,12p]. According to another author “the marketing
technology is management methods applied in defining and researching the
entrepreneur’s demands, as well as in planning the manufacture, sales of goods
and services” [3]. The marketing technology can be viewed from
two aspects: 1. The specifications of the marketing technologies refer to the
sequence of the marketing stages. There are five stages of marketing:
analyzing, conceptual, formative, realizing and monitoring. Individual
technologies correspond to each stage. These stages match both marketing
strategies and its each item (such as projecting, advertising,
commercialization, etc.). 2. The marketing activity of the company can be
considered as a specific system. An each item of this system serves to
investigate the development substance and the course of the external
environment of organization, to create the concept of company’s activity, to
plan the price policy and study the situation in the market for promotion of
the products [3, 2p]. Therefore, structural changes in the market in general, changes in
competition terms and the enhancement of customers’ behavior encourage the
companies to search for new marketing technologies.
The ignorance of marketing principles has
resulted in failure to materialize the goods, decrease of customers’ paying
capacity, gathering the large reserves of final products in the warehouses of
the industrial entities. Therefore, the implementation of marketing
technologies allows to promote and encash the total resources including goods
and select the most effective tools of promotion for each product, it also
affects the improvement of performance of the companies’ activity. Based on the
marketing philosophy and using its technologies, the entity provides consistent
directions in supply of industrial activities, goods and services of the
company by means of the following:
- compound analysis of the external environment of the company and prognostics of the market in common, as well as precision of the actual opportunities of the company;
- determination of the future strategies of the marketing activity consisting of the purposes, issues, resources and mechanisms of such kind of activity according to the company’s organizational and management, material, financial and technical relationships;
- planning of the industrial policy according to the market requirements and company’s potential;
- taking special arrangements oriented to demand making and encourage the materialization.
The implementation of the marketing
technologies into the entities, adaptation and development are hindered by
several objective and subjective factors, especially marketing limitations
(costs). These factors include the followings: 1) Untimely conduction of
marketing researches and practical actions. Therefore, most of the entities
invest inefficiently. 2) The organization of marketing activity and the
conduction of the marketing researches require large and unavailable resources
from the companies. According to the experts opinion, this financial aspect of
the marketing is inhibiting the implementation of the marketing technologies
into the business. However for the moment the companies without strong position
in the market are able to establish active and useful relationships with
customers with minimum expenses by using new technologies and the development
of innovation. This is the reflection of the implementation of the innovative
marketing technologies. At first the innovation conception and its role in
marketing will be considered before revealing the differences between the
conventional marketing and innovative technologies.
The
innovation is the implementation of the originality into the technique,
technology, employment and management sectors. It also means the appliance of
the originality in different directions of mentioned activities. The
scientific-technical originality is often created by combining the new ideas
and opportunities of the scientists, the conduction of the complex analysis and
synthesize efforts. It is the benefit from the composite appliance of the
variety of the opportunities depending on the search and application. It has
been established that the most of the innovations were created accidentally.
But the more the modern world develops, the more specific planning, general
financing and persistent organization of the innovation is adopted to the
business of the day. At the moment our country realized the requirement of
appliance of the modern technologies and is carrying variety of the programs in
“modern” and “innovative” courses. One of such initiatives is the State of the
Nation of our President N. Nazarbayev called “New decade – New economic growth
– New opportunities of Kazakhstan”. This State shows the actual problems of
Kazakh people, including the diversification of economy, smart trade policy,
attractions of investments, development of the business and infrastructure
according to the strategy plan. Professionals in any sector of the economy
stream to effectively use these innovations. The active implementation of the
techniques and technological innovations takes place in the marketing sphere.
Finally innovations in marketing mean the implementation of the originality
into the production of the entity, i.e. direct results of all the activities
(economical, technical and organizational) arising in the entity [4].
Based on the definitions given above, the
innovative marketing technologies are the complex of methods of using the
innovative technologies relying on the new ideas and which are focused on
meeting the requirements of the customers and achievement of the purposes of
the entity. The major difference between the innovative marketing technologies
and conventional marketing technologies is that the first one works with new
ideas and innovation by using the available resources. The main terms of the
innovative marketing technologies include innovative potential of the company,
i.e. level of ability to conduct actions which provide the opportunity to
achieve the innovation goals, innovative activity and innovative project.
The appliance practice of the innovative marketing
technologies can be observed in foreign markets. Scientific-technical
researches and innovative projects are invested and largely supported by the
state particularly in the USA, Japan, India and China. These countries have
record of “leaders of the innovation” throughout the world. For example, the
great and leading companies which invest exclusively into the innovations are
located in abovementioned countries. They are in Japan: Sony,
Honda Motor, Toyota, in
the USA: Ford, General Motors, Microsoft, IBM, Intel, etc. Appropriately high
technologies, innovative and modern instruments and methods in the world market
originate from these countries. Our country also has such potential and
perspectives which provide the achievement of high aims [5].
The innovative marketing technologies are
required in order to be on a par with other countries, offer competitive
innovative products and reach the highest level of people’s welfare.
Growing day by day competition challenges the
all the participants of the market to make their best in order to have a
success. By using the innovative marketing small and medium enterprises get an
opportunity to improve and enhance their activity, goods and services.
Respectively it causes the competitive growth in the market following
the improvement of the products and fall in prices. The table below introduces
the opportunities provided by the appliance of the innovative marketing
technologies:
|
Marketing area |
Opportunities |
|
Marketing
research |
Provides
the complex methods and new research procedures of data processing and the
observing and conducting a monitoring on customers’ behavior. For example,
you can understand the customers’ attitude and point of view on the specific
good or service by developing a correct virtual model of real-life situation
which will attract the researcher. |
|
Market
segmentation |
Using
the “KonSi Segmentation & Positioning” program you can get accurate and
proper information referring to the market segmentation and positioning. |
|
Good |
Modification
and upgrade of the goods and services according to the imperatives of our
time and suggestion of their renovation. |
|
Promotion |
Cheap, quick and effective promotion of the good or services due to the “Viral marketing”. |
|
Distribution |
Building
up the new proliferation channels of goods; organization of the sale of goods
through the Internet or teleshopping by the low cost, effective and
convenient way for both vendor and buyer. |
|
Price |
Spending
cuts by using the innovative marketing technologies and as a result, cut in
price. |
The opportunities of the
innovative marketing technologies
The innovative marketing
technologies have a great role in marketing sphere. It can be viewed from the
opportunities provided by the innovation given in the table above:
-
In
marketing research, for example, if you found out the company’s problems and
made a hypothesis for them, you can develop a virtual model of real-life
situation by “computer simulation” and monitor the customers’ behavior in order
to prove this hypothesis. The ways of solving the problem are studied based on
a information acquired from the monitoring. This is very effective technology
because the carrying out of this process requires sufficient disbursements,
resources and time.
-
The “KonSi Segmentation & Positioning” program in market segmentation: allows to
assess the strategic potential of segments by methods of determining the
effective segment for company and portfolio based on a cluster and expert
analysis.
-
The
requirement for development and modification of the good continuously takes
place in conditions of stiff competition. It’s hard to support or expand the
position of the company in the market without the innovation.
-
There
are a plenty of innovative tools now (sensory marketing, viral marketing,
mobile marketing, buzz marketing, guerrilla marketing, etc.). For example,
“viral marketing” is oriented to the inclination of people to share interesting
information. They spread the video, photos, games and jokes and share with
others. This process does not require sufficient finances and resources while
the performance is very high.
-
In distribution
and expansion sale of goods though the Internet and teleshopping becomes more
popular. The benefits of this against the conventional marketing are: low costs
of the employment, logistics and other resources and convenience for the
buyers.
-
Price.
In most specifications mentioned above you can see the opportunities of price
cuts in finance and employment due to the innovative technologies. Consequently
it generates an opportunity to lower the price of good and apply the methods of
dynamic pricing [6].
Sum up, it may be said that the
importance of development of the innovative marketing technologies is very high
in company’s activity as well as in marketing in common. Drawing on its
difference from conventional marketing technologies, you can see in the table
the opportunities provided to achieve the company’s goals. Therefore some
innovations introduce new positive opportunities to the market and give access
to competition benefits, i.e. they favor the appearance of such benefits, and
allow filling and adapting the free niches and segments of the market ignored
by competitors.
If the competitors feedback very
slow, such innovations gives sufficient competitive advantages. For instance,
currently using the “viral marketing” can be mainstream and effective. Although
if the competitors strike out the more attractive way of innovative promotion,
“viral marketing” immediately becomes irrelevant. Since the company has
accessed the competitive advantages due to new implementations, it can support
its position only by continuous improvements. The competitors outrun any
company which does not progress and not implement the innovations. Sometimes
advantages such as interrelation with customers, cost effectiveness of
available technology manufacturing scope and reliability the sales channels are
sufficient for stagnate companies to maintain their position over a year or
tens of years. Yet early or late more active competitors advance this
advantages due to their own innovations. In order to progress and become a leader
with high technologies, company should always be an innovator.
References:
1. Tretyak Î.À. «Ìàðêåòèíã: íîâûå îðèåíòèðû ìîäåëè óïðàâëåíèÿ»: Book. – Ì.: ÈÍÔÐÀ-Ì, 2005. – Ò. 12. - 403ñ.
2. Esimzhanova S.R. «Ìàðêåòèíã». Manuals- Almaty, Economy - 2006.
3. Electronic resource www.marketingrbc.ru
4. G.L. Bagiev, Å.L. Bogdanova. «Ìàðêåòèíã èííîâàöèé» – Ì., 2004.
5. http://www.aup.ru/books/m78/1_3.htm / «Èííîâàöèè
– äâèæóùèé ôàêòîð ãëîáàëüíîé êîíêóðåíöèè».
6. Electronic resource http://www.marketing-soft.ru/