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Marketing Plan
Authors:
Prof. Keegan, Prof. Malcolm
Presenters: M. Azadi M. Tabatabaei
Chapter 8
Objectives
Marketing planning
Tactical and Strategic Marketing Plans
Marketing planning process
Marketing audits
Corporate Planning
Assumptions
Marketing Objectives
Marketing Strategy
Marketing Program
Mission statements
Marketing Planning
An outline of a design to accomplish a specific objective:
To create value for customers at a profit, or in the new concept of marketing,
To create a mutually beneficial relationship
Marketing Planning
Market Needs
Wants
Strengths of organization
Weakness of organization
Existing competitors
Expected competitors
Design for creating value
Marketing Planning Process
Definition:
The application of marketing resources to achieve marketing objectives.
Marketing Planning Process
Performing a situation analysis
Formulating basic assumptions
Setting objectives for what is being sold and to whom
Deciding how the objectives are to be achieved
Scheduling and costing out the actions necessary for implementation
Developa Market Plan
Management provides little guidance as to how the process should be managed.
To Compromise between what is desirable and what is practicable
Management must be customized to their particular organization
Size
Complexity
Character and diversity of company operations
Essential of Marketing Planning
We need marketing planning when hostiles increased and environment is complex.
Our Challenge
We should manage:
Cost
Optimization
Application of Marketing Plan
To help identify sources of competitive advantage
To force an organized approach
To develop specificity
To ensure consistent relationships
To inform everyone in the organization about priorities
To obtain resources needed to implement plans
To engage organizational support at all levels, form the bottom to the top of the organization
To set objectives and strategies
To gain commitment towards goals
The Elements of Strategy
Stepping back form the day to day
Ide
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