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10. Translate into English:

1) Какие основные элементы включает в себя в наши дни стратегия маркетинга? - Это прежде всего исследование конъюнктуры рынка, планирование, разработка новой продукции, организация контактов с потребителями, а также реклама.

2) Что вы можете сказать о гарантийном обслуживании, выполняемом вашей фирмой? - Оно соответствует всем требованиям заказчика: быстрое, дешевое и эффективное.

3) Какие демографические и психографические факторы были учтены при создании рынка для вашего нового товара? - Мы исследовали мнения потенциальных потребителей и учли местные торговые обычаи, а также некоторые особенности окружающей среды.

4) Для чего вы провели исследования по сегментации рынка? - Мы решили, что ряд рынков, отобранных с учетом местных условий, помогут нам быстрее продавать наши продукты и лучше организовать гарантийное обслуживание.

11. Say a few words about:

  • 1) the commercial information that can be obtained from embassies, consulates etc.;

  • 2) controllable and uncontrollable factors in marketing planning;

  • 3) the communications mix.

EPISODE 2

At the Marketing Consultant Agency

Kuznetsov: As far as I understand, the definition of "marketing" is not so simple at the present moment.

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Consultant: You are quite right. Today we can speak of two meanings of the word marketing: a traditional one as a sales function, and a more contemporary one as the philosophy of business.

Kuznetsov: What is implied by the philosophy of business concept?

Consultant: I guess you know that formally marketing was used to mean mainly production increase and sales.

Kuznetsov: And nowadays? Don’t sales remain the main problem?

Consultant: Of course they do. But now you have a different approach to the sales problem. You need to have an integrated approach1, which includes market and demand study, consumer study and a lot of other things. You’ve got to be able to make a forecast2, to identify the unsatisfied demand3 and to seek to develop new products and markets. All that implies up-to-date technology, advertising and post-sale service. An important integral part of the marketing today is planning.

Kuznetsov: What does effective marketing planning depend on?

Consultant: First of all it depends on a thorough situation analysis.

Kuznetsov: What points are considered as important in analysing the situation?

Consultant: When analysing the situation it is necessary to consider controllable as well as uncontrollable factors.

Kuznetsov: What are the controllable factors in marketing planning?

Consultant: There are actually four of them, the four Ps. They are product, price, place and promotion.

Kuznetsov: What kind of analysis should be carried out by the marketing department of a firm?

Consultant: All kinds of analysis, and today this process is usually computer-assisted.

Kuznetsov: Are there any specific advertising objectives4?

Consultant: Of course there are. They are image advertising5 and product advertising, which are meant to inform the buyer of the company’s activities and create the company’s image.

Kuznetsov: Do you think that nowadays in the competition it is not enough to show the product at an exhibition or even present it at a special conference?

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Consultant: No, you’ve got to have active sales promotion efforts and thoroughly advertise everything you do. Of course, the advertising budget now comes to a very high figure6, but it pays.

Vocabulary Notes on the Dialogue

1 an integrated approach - комплексный подход.

2 to make a forecast - прогнозировать.

3 to identify the unsatisfied demand - выявить неудовлетворенный спрос.

4 specific objectives - конкретные задачи.

5 image advertising - создание имиджа компании через рекламу.

6 to come to a very high figure - сильно увеличиваться.

Exercises on the Dialogue

1. Read and translate the dialogue.

2. Translate the following words and learn their pronunciation:

traditional; integral; specific; integrated; concept; analysis; image; technology; budget; to create; to identify

3. Explain the meaning of the following words and phrases in English:

a) an integrated approach; image advertising; product advertising; an advertising budget; demand study; unsatisfied demand; data analysis; a computer-assisted process

b) to make a forecast; to create a company’s image; to develop new products and markets; to advertise a post-sale service;

4. Give English equivalents of the following Russian words and phrases:

современная технология; выявлять спрос; функция сбыта; товарная реклама; тщательный анализ ситуации; комплексный подход; увеличение производства товаров; информировать покупателя о товарах и услугах; проводить анализ

5. Answer the following questions:

  • 1) What are the two meanings of the word marketing!

  • 2) What is the new approach to the sales problem?

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  • 3) What is necessary to consider when analysing the situation?

  • 4) On what four factors is the marketing planning based?

  • 5) What are the specific objectives of advertising?

  • 6) What is necessary to do apart from organizing exhibitions- and conferences?

  • 7) What can you say about the advertising budget nowadays?

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