Chapter 2 Developing Marketing Strategies and Plans_Grp1

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www.yourwebsite.com Developing Marketing Strategies and Plans Chapter 2 Group 1 Pushpa Belbase Windell De Vera Anne Maureen Nilo Jeanna Santos-Suarez

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Transcript of Chapter 2 Developing Marketing Strategies and Plans_Grp1

Page 1: Chapter 2 Developing Marketing Strategies and Plans_Grp1

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Developing Marketing Strategies and Plans

Chapter 2Group 1Pushpa BelbaseWindell De Vera

Anne Maureen Nilo Jeanna Santos-Suarez

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How are Marketing Strategies and Plans Developed?

A. Marketing & Customer ValueB. How to Capture Customer Value?C. Marketing & Strategic Planning

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A. Marketing is about satisfying consumers’ needs and wants.

V VV The task of any business is to

deliver

customer value at a profit

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V VVB. Holistic Marketing Orientation helps capture customer value

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Holistic Marketing Orientation succeeds by managing a superior value chain

V VVProduct Quality

Service

Speed

This value chain delivers a high level of product quality, service and speed

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V VVHolistic Marketing Orientation is

designed to address 3 Key Management Questions

Value Delivery

Value Creation

Value Exploration

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C. Successful marketing requires companies to prioritize Strategic Planning

Strategic

Planning

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Strategic Planning : 1st Corporate & Division Planning

Corporate & Division Planning

SBUIIDntensive

ntegrative

iversification

1. Defining Corporate Mission

2. Establishing SBUs3. Assigning resources

to SBUs4. Assessing growth

opportunities

a) Industryb) Products and

applicationsc) Competenced) Market Segmente) Verticalf) Geographical

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Corporate & Division

Business PlanningGOAL

FORMATION

STRATEGIC FORMATION

PROGRAM FORMATION &

IMPLEMENTATION

FEEDBACK & CONTROL

Strategic Planning : 2nd Business Planning

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Corporate & Division

Business

Product Planning

MARKETING PLAN

Strategic & Tactical Levels

Contents

Strategic Planning : 3rd Product Planning

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Corporate & Division

Business

Product

MARKETING PLAN and its CONTENTS

Strategic Planning

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CONCEPT SUMMARY

Model

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Effective Strategic Planning achieves Marketing’s goal for CUSTOMER VALUE

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Chapter 2 - Individual Works

Group 1V57

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By Windell G. de Vera

Individual Work

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DEVELOPING MARKETINGSTRATEGIESAND PLANS

(Chapter 2 – Group 1)

Windell G. de VeraApril 27, 2012

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1. What?2. Why?3. How:

a. Holistic marketing

b. Marketing plan

1. Strategic

2. Tactical

c. Marketing plan contents

4. Summary

Outline:

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1. Marketing is satisfying customers’ needs, wants and demands.

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2. The task of any business is to deliver customer value at a profit.

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3a. Holistic marketing sees itself as integrating the value exploration, value creation, and value delivery activities with the purpose of building long-term, mutually satisfying relationships and co-prosperity among key stakeholders.

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3b. A marketing plan is the central instrument for directing and coordinating the marketing effort.

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3b1. Strategic marketing plan lays out the target markets and the value proposition that will be offered, based on analysis the best opportunities.

Target marketing decisions Value proposition Analysis of marketing opportunities

Strategic:

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3b2. Tactical marketing plan specifies the marketing tactics.

Product features Promotion Merchandising Pricing Sales channels Services

Tactical:

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Executive summary Table of contents Situation analysis Marketing strategy Financial projections Implementation

controls

4. Marketing Plan Contents

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Summary:1. Marketing is satisfying customers’ needs, wants and demands.

2. A marketing plan is the central instrument for directing and coordinating the marketing effort.

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DEVELOPING MARKETINGSTRATEGIESAND PLANS

(Chapter 2 – Group 1)

Windell G. de Vera

April 27, 2012

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By Anne Maureen S. Nilo

Individual Work

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Developing Marketing Strategies and Plans

Anne Maureen S. Nilo

April 27, 2012

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1. Marketing Plan

A marketing plan is the central instrument for

directing and coordinating the marketing effort.

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2. It operates at a strategic and tactical level.

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3. Strategic: Target Market

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4. Strategic: Value Proposition

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5. Strategic: Analysis of Marketing Opportunities

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6. Tactical: Product Features

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7. Tactical: Promotion

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8. Tactical: Merchandising

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9. Tactical: Pricing

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10. Tactical: Sales Channels

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11. Tactical: Service

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12. 3 V’s Approach to Marketing

VVV

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13. 3 V’s: Value Segment

VVV

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14. 3 V’s: Value Proposition

VVV

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15. 3 V’s: Value Network

VVV

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16. Value Chain

VVV

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16. Value Chain

VVVPrimary Activitie

s

Support Activitie

s

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By Pushpa Belbase

Individual Work

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Developing Market Strategies and Plans

Pushpa Belbase April 26th 2012

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Developing Market Strategies and Plans

Creating Customer ValueStrategic PlanningMarketing Plan

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Creating Customer Value

Customers want goods that provide good value at competitive prices at their desired location – a business aims to deliver all three.

Value

Price

Product

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Marketing Plan

Sales Channel

Product features

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Strategic Planning

Business process

SWOT

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Model Summary

Customer GroupCustomer NeedCost

DeliveryTechnology

Marketing StrategyPlanBusiness ProcessOpportunitySWOT Analysis

Logistics Products

SWOT

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By Jeanna Marie Santos-Suarez

Individual Work

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Developing Marketing Strategies and Plans

Chapter 2Jeanna Marie Santos-Suarez V57

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How are Marketing Strategies and Plans Developed?

A. Marketing & Customer ValueB. How to Capture Customer Value?C. Marketing & Strategic Planning

Page 56: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

A. Marketing is about satisfying consumers’ needs and wants.

V VV The task of any business is to

deliver

customer value at a profit

Page 57: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

V VVB. Holistic Marketing Orientation helps capture customer value

Page 58: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

Holistic Marketing Orientation succeeds by managing a superior value chain

V VVProduct Quality

Service

Speed

This value chain delivers a high level of product quality, service and speed

Page 59: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

V VVHolistic Marketing Orientation is

designed to address 3 Key Management Questions

Value Delivery

Value Creation

Value Exploration

Page 60: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

C. Successful marketing requires companies to prioritize Strategic Planning

Strategic

Planning

Page 61: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

Strategic Planning : 1st Corporate & Division Planning

Corporate & Division Planning

SBUIIDntensive

ntegrative

iversification

1. Defining Corporate Mission

2. Establishing SBUs3. Assigning resources

to SBUs4. Assessing growth

opportunities

a) Industryb) Products and

applicationsc) Competenced) Market Segmente) Verticalf) Geographical

Page 62: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

Corporate & Division

Business PlanningGOAL

FORMATION

STRATEGIC FORMATION

PROGRAM FORMATION &

IMPLEMENTATION

FEEDBACK & CONTROL

Strategic Planning : 2nd Business Planning

Page 63: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

Corporate & Division

Business

Product Planning

MARKETING PLAN

Strategic & Tactical Levels

Contents

Strategic Planning : 3rd Product Planning

Page 64: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

Corporate & Division

Business

Product

MARKETING PLAN and its CONTENTS

Strategic Planning

Page 65: Chapter 2 Developing Marketing Strategies and Plans_Grp1

www.yourwebsite.com

CONCEPT SUMMARY

Model

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Effective Strategic Planning achieves Marketing’s goal for CUSTOMER VALUE