2. Marketing Process
Consists of:
Analyzing Marketing Opportunities
Researching and Selecting Target Markets
Designing Marketing Strategies
Planning Marketing
Programs
Implementing &
Controlling the Program
3. Marketing Planning
Marketing Plan directs the marketing efforts of the
firm.
Assembles pertinent facts about organization, the
markets it serves, its products/services, customers
and competition.
Forces department and
functional managers to work together.
Sets goals, objectives within time
periods.
4. Contents of
Marketing Plan
Executive Summary and Table
of Contents
Current Marketing Situation
Opportunity & Issue Analysis
Marketing Objectives
Marketing Strategies
Action Programs
Financial Projections
or Projected P & L’s
5. Contents of
Marketing Plan
Executive Summary and Table of Contents
Permits senior management
to grasp major thrust.
Briefly states contents of
the whole plan.
Main goals and
recommendations.
6. Contents of
Marketing Plan
Current Marketing Situation
Relevant background/facts on firm, sales, costs,
the market, profits, history, growth, products,
services, channels/ distribution, share of
market, and competitors.
SWOT Analysis
Trends & Macro
Environment
7. Contents of
Marketing Plan
Opportunity and Issue Analysis
Major issues facing products and sales
Review of Key Issues & Opportunities in
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
8. Contents of
Marketing Plan
Marketing Objectives
Financial and Marketing Goals, by
Sales Volume
Market Share
Profit
Pricing
Distribution
objectives.
Increase / Achieve
Generate / Reach
9. Contents of
Marketing Plan
Objectives vs. Strategies
Goal or Objective:
NY or San Francisco
Strategy: Air?
Car?
Truck?
Train?
Walk?
Or Bike?
11. Contents of
Marketing Plan
Marketing Strategies
Select Target Segments
Marketing Mix --- 4P’s
Positioning
Distribution
Strategies
The Game Plan
12. Contents of
Marketing Plan
Action Plan or Program
Specific product, promotional, pricing, and
distribution
tactics / activities.
Includes timing and calendar
13. Contents of
Marketing Plan
Financial Projections (Projected Profit and
Loss)
Builds a supporting budget
Forecasted sales volume
Average price and
expenses
Implementation & Controls
Monitoring planning
and reviewing results.
14. Contents of
Marketing Plan
Executive Summary and Table
of Contents
Current Marketing Situation
Opportunity & Issue Analysis
Marketing Objectives
Marketing Strategies
Action Programs
Financial Projections
or Projected P & L’s