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Index
Preface
Acknowledgments
Part I: The Marketing Planning Process
Introduction
Marketing Planning
Marketing Defined
The Marketing Concept
Global Marketing
E-commerce Marketing
The Company Planning Process
Overall Strategic Business Plan
Effective Business Planning Process
Key Success Factors in a Marketing Planning Process
Defining the Company’s Vision and Mission
Objectives and Strategies
Quantitative and Qualitative Objectives
Company Planning Hierarchy
The Overall Strategic Business Plan
The Strategic Marketing Plan
The Product Plan
Separating Marketing Plans from Product Plans
Strategic Marketing Planning Cycle
Proactive Versus Reactive Marketing Plans
Benefits of a Marketing Plan
Pitfalls in Marketing Planning
Marketing Plan Outline
Summary
Sample Case, Phase 1: Techna Equipment
Form 1: Mission Statement
1. Starting Out
Part II: Environmental Assessment
Introduction
Importance of the Analysis
Emphasizing Qualitative Data
Basis View
Assessing the Environment/Competition—A Qualitative Approach
External Factors
Internal Factors
Internal/External Factors
Instruction for Assessing the Environment/Competition—A Qualitative Approach
Completing Form 2
Summary
Sample Case, Phase 2
Form 2: Assessing the Environment/Competition—A Qualitative Approach
Introduction
Product Positioning: Micro/Macro View
Positioning Analysis
Starting the Analysis
Business Profile Matrix
Business Assessment Matrix
Strategic Gap Analysis
Product Evaluation Questionnaire—CSF
Defining the Terms
Section I: Competitive Position
Section II: Market Attractiveness
Section III: Business Strengths
Instructions for Completing the Questionnaire
Strategic Scenario Analysis Using Weighted Averages
Strategic Scenario Analysis—Detailed
Summary
Sample Case, Phase 3
Form 3A: Business Profile Matrix
Form 3B: Business Assessment Matrix
Form 3: Product Evaluation Questionnaire—Critical Success Method
Introduction
Portfolio Analysis—Macro View
Portfolio Business Profile and Portfolio Business Assessment Matrices
Modified Growth–Share Matrix
Interpreting the Modified Growth–Share Matrix
Product Dynamics Matrix
Success Sequence
The Product Life Cycle and the Success Sequence
Portfolio Scenario Analysis
Common Pitfalls in Strategic Planning
Product and Portfolio Analysis of Competitors
Summary
Sample Case, Phase 4
Form 4: Modified Growth–Share Matrix
Introduction
Identifying Problems
Analyzing Problems
Turning Problems into Opportunities
Identifying Opportunities
Analyzing Opportunities
Identifying Resources
Summary
Sample Case, Phase 5
Form 5: Problem Analysis
Form 6: Opportunity and Resource Analysis
2. Step 1: Basis View—Situation Analysis
3. Step 2: Product Positioning Analysis
4. Step 3: Strategic Portfolio Analysis
5. Step 4: Problem and Opportunity Analysis
Part III: Developing the Marketing Plan
Introduction
Balancing Objectives
Assumptions of Objectives
Categorizing Assumptions
Stating Assumptions Specifically
Criteria for Objectives
Marketing Objectives—Examples
Product-Related Objectives
Price-Related Objectives
Promotion Objectives
Distribution Objectives
Other Objectives
Contingency Objectives
Summary
Sample Case, Phase 6
Form 7: Marketing Objectives
Introduction
Marketing Strategy
Factors in Marketing Strategy
Requirements for Marketing Strategies
Product Life-Cycle Strategies
Strategies Matrix
Life-Cycle Strategies
Market Segmentation
Identifying and Categorizing the Market for Segmentation
Segmenting Markets—Five Variables
Criteria for Effective Segmentation
Benefits of Segmentation
Product Differentiation
Product Regeneration
Market Niche Strategy
Contingency Strategy Development
Evaluating the Selected Strategies
Summary
Sample Case, Phase 7
Form 8: Marketing Strategies
Introduction
Budget Organization
Budget and Forecasting
Profit and Loss Statements
Forecasting
Forecasting Sales Demand
Expert Opinion
Surveys
Salesforce Composite Method
Time Series Analysis
Regression Analysis
Market Test
Product Contribution
Developing a Budget
Marketing Budget Allocation
Pitfalls to Avoid
Financial Assessment
Free Cash Flow
Price Elasticity of Demand
Summary
Sample Case, Phase 8
Form 9 A: Projected Profit and Loss Statement as of 12/31/201X
Form 9B: Three-Year Forecasted Sales and Projected Profit Data
6. Strategic Marketing Objectives
7. Marketing Strategy Selection
8. Budgeting, Forecasting, and Financial Analysis
Part IV: Implementation and Control
Introduction
Implementation
Implementation Problems
Implementation Strategy
Top Management Support
Presenting the Marketing Plan to the Company
Assigning Implementation Tasks
Setting Schedules and Target Dates
Establishing Training and Feedback Sessions
Behavioral Change Management
User Participation
Motivation
Communication Style Model
Emotive Style
Directive Style
Reflective Style
Supportive Style
Measuring Implementation Success
Summary
Sample Case, Phase 9
Form 10: Implementation Strategy
Introduction
The Marketing Controller Concept
Elements in a Control System
Yardsticks and Comparative Standards
Feedback or Performance Information System
Diagnostic Ability and an Analytical System
Contingency Plans and Methods
Control Guidelines
A Monitoring System
Control and Performance Information System
Control Standards and Criteria
Determining Corrective Action
Performance Analysis
Diagnosis
Corrective Action
Control and Future Marketing Planning
Summary
Sample Case, Phase 10
Form 11: Control and Monitoring
Form 12: Budget Deviation Analysis
Index
9. Marketing Plan Implementation
10. Control and Monitoring of the Strategic Marketing Plan
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