William D. Perreault,
University of North Carolina at Chapel Hill E. Jerome McCarthy,
Michigan State University at East Lansing
ISBN: 0072935898 Copyright year: 2006
Features
New! The authors have made extensive revisions to the first three chapters. They
introduce marketing orientation and customer value earlier and in chapter
2 provide an integrative model of the marketing strategy planning process,
including the logic for target marketing based on the four Ps, which sets
the stage for the rest of the text.
New! Cutting edge coverage is a hallmark of Essentials of Marketing. In
the 10th Edition, some examples of richer discussion of unfolding trends includes:
multi-channel marketing, customer equity, integrated marketing communications,
direct-response promotion and customer-initiated interactive marketing communications;
promotional campaigns that build "buzz" among consumers; impact
of economic fluctuations, changes in international exchange rates, and other
topics central to how the economy impacts marketing; the growth of business
to business (B2B) exchanges on the Web and the expanding use of reverse auctions
and interactive bidding; the circumstances when using a website for direct
distribution or dual distribution makes sense and when it doesn't; the expanding
role of sales technologies and self-service technology; the increasing channel
power of large retail chains; competitor analysis and how to develop competitive
advantage; how to use flexible pricing and evaluate price sensitivity; marketing
control, including marketing cost analysis.
New! There is a leaner, crisper, coverage throughout the whole text-resulting
in 10 percent less text material for students to read while maintaining interesting
and thorough coverage of all of the basics of marketing strategy planning.
New! A new integrated treatment of macro-marketing topics and social issues with
relevant marketing management topics throughout the text. This includes discussions
of how a market directed economy works, the ethical issues involved in basing
financial reports on marketing forecasts, concerns related to consumer privacy,
ubiquitous promotion, the displacement of jobs to overseas economies, and
considerations related to the environment and green marketing.
New! There is a sharper focus, throughout the text, on how the strategy planning
process should lead to decisions about a target market and marketing mix that
represents the best opportunity and competitive advantage for the firm
and superior value for consumers. This approach builds on the fit of an opportunity
with the firm's resources and capabilities, strengths and weaknesses of current
or potential competitors, and systematic approaches to market segmentation.
New! A revised user interface and "installation free" redesign of the
innovative Student CD, which includes an updated version of the Hypertext
Reference, expanded self-test questions and key term "flash cards",
narrated slide shows that include print and TV ads, video clips to accompany
cases in the text, improved computer-aided problem spreadsheet software, and
an extensive set of print ads with comments.
New! A completely revised and even easier to use set of Instructor Resource CDs
that include quick access to all of the teaching and learning supplements
in digital form, including complete instructor's manuals, software for traditional
or online testing, lecture support materials, interactive exercises, a database
of current print ads (with teaching suggestions), and much more.
New! A completely revised and updated set of Interactive PowerPoint (IPPT) electronic
lecture-support slides, with interactive discussion starters, full-motion
videos, ads, and photos, provides instructors with flexible support for lectures
and presentations. Each slide in the IPPTs includes accompanying speaker's
notes to minimize lecture preparation time. New with this edition are interactive
graphs that allow students to predict effects of changing variables during
class discussion.
For instructors who wish to create their own custom slide shows, a PowerPoint
archive is included on the Instructor CD that contains all of the IPPT slides,
every photo and illustration from the text, and an additional collection of
ads. Changes to the interface in this edition will make custom lectures even
easier to create and save than before.
Interesting teaching videos and video-cases focused on current marketing
issues. New segments on ethics, advertising, and retailing are among the revised
offerings.
Continued Integration of the Internet/WWW: Updated Internet exercises
are integrated throughout the text and links to companies referenced in the
book are accessible via the Perreault & McCarthy Web page http://www.mhhe.com/fourps.
We offer a very complete web page with down-loadable supplements current events,
Internet exercises, chapter quizzes, and Business Week articles in their entirety.
Integrated coverage: Topics of special interest-such as services,
relationship marketing, cultural diversity, entrepreneurship, cross-functional
linkages, information technology, ethics, quality management, and international
perspectives-are thoughtfully and thoroughly integrated throughout the text-to
show how they relate to other key marketing concepts. The proof of this up-to-date
integration is provided by the concept grid at the front of the book. Where
most revisions just give the appearance of an update with new end of chapter
material and over reliance on boxed inserts, Bill Perreault carefully revises
the whole text-and all of the supplements--to ensure that new concepts and
timely examples are woven throughout the fabric of the student learning experience.
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.