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Market-Based Management, 4th edition

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Presentation on theme: "Market-Based Management, 4th edition"— Presentation transcript:

1 Market-Based Management, 4th edition
Building a Marketing Plan Chapter Fourteen

2 Building a Marketing Plan
Chapter Fourteen Building a Marketing Plan Benefits Provided Process and Logic (Figure 14-2) Situation Analysis Strategic Market Plan Marketing Mix Strategy Performance Plan Sample Plan

3 Building a Marketing Plan
Benefits of Building a Marketing Plan Identifying Opportunities Leveraging Core Capabilities Focused Marketing Strategy Resource Allocation Creativity vs. Structure Formal vs. Informal Market Planning Process Internal vs. External Motivation (SWOT)

4 The Process of Building a Marketing Plan
Step 1: Situation Analysis Step 2: SWOT Analysis Step 3: Strategic Market Plan Step 4: Marketing Mix Strategy Adjust Marketing Plan as Necessary Step 7: Perform Evaluation Step 6: Marketing Perform Plan Step 5: Marketing Budget

5 Step 1: Situation Analysis

6 Key Performance Issues
Step 2: Swot Analysis Internal External Strengths Weaknesses Opportunities Threats Key Performance Issues Situation Analysis

7 Step 3: Strategic Market Plan
Product-Market Portfolio and Plan Selection based on information uncovered in the Situation and SWOT analyses Market Attractiveness Competitive Advantage

8 Step 4: Marketing Mix Strategy
Strategy and Key Performance Issues Positioning Strategy Value Proposition Channel Strategy Performance Objectives Marketing Mix Elements Price Promotion Place Product

9 Step 5: Marketing Budget
What is the purpose of the Marketing Budget? Three ways to Build a Marketing Budget 1. Top-Down 2. Customer Mix 3. Bottom-Up

10 Step 6: Performance Timeline
What is the purpose of the Performance Timeline績效期限? So that the success or failure of the marketing plan can be evaluated What are the different approaches to developing a marketing profit plan? ($, Volume, 人) Performance Metrics: Share Position Sales Revenue Profit Performance Customer Awareness Customer Satisfaction Product Availability Perceptions of Product and Service Quality Net Marketing Contribution

11 Step 7: Performance Evaluation
What is Performance Evaluation? p417 Why is Performance Evaluation important? p417 What if the plan is not meeting performance objectives? P418, 419

12 Takeaways/Review Benefits of Building a Marketing Plan
Process of Building a Marketing Plan Situation Analysis SWOT Analysis Strategic Market Plan Marketing Mix Strategy Marketing Budget Performance Timeline Performance Evaluation Stericycle Sample Marketing Plan

13 Marketing Performance Tools
Marketing Profit Planning Perspective – Dollar Metric

14 Marketing Performance Tools
Market Profit Planning Perspective – Volume Metric

15 Marketing Performance Tools
Market Profit Planning Perspective – Customer Metric


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