Company and Marketing Strategy

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Presentation transcript:

Company and Marketing Strategy Partnering to Build Customer Relationships

Managing the Marketing Effort

Managing the Marketing Effort Marketing Analysis – SWOT Analysis

Marketing Plan

Marketing Plan A marketing plan is a part of an overall business plan. Outlines a company's overall marketing efforts.

Managing the Marketing Effort Market Planning—Parts of a Marketing Plan Executive summary Marketing situation Threats and opportunities Objective and issues Marketing strategy Action programs Budgets Controls

Managing the Marketing Effort Marketing Implementation Implementing is the process that turns marketing plans into marketing actions to accomplish strategic marketing objectives Successful implementation depends on how well the company blends its people, organizational structure, decision and reward system, and company culture into a cohesive action plan that supports its strategies

Managing the Marketing Effort Marketing Department Organization Functional organization Geographic organization Product management organization Market or customer management

Managing the Marketing Effort Marketing Control Controlling is the measurement and evaluation of results and the taking of corrective action as needed Operating control Strategic control

Measuring and Managing Return on Marketing Investment Return on Marketing Investment (Marketing ROI) Return on marketing investment (Marketing ROI) is the net return from a marketing investment divided by the costs of the marketing investment. Marketing ROI provides a measurement of the profits generated by investments in marketing activities.