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MARKETING PLANNING AND MARKETING
           STRATERGIES




                Presenter: Nazarenu Fernandes
                           BE ETC 2012
MARKETING !!!!

WHAT IS IT ????
I M A GREAT   IN THAT CASE…
   LOVER        I LOVE YOU
You Think
Marketing
 Is About
    This
MARKETING
              PLANS




MARKETING
STRATERGY
“Plans are Nothings,
Planinng is Everything”
- Dwight D. Eisenhower

Contents:-

•Purpose of Marketing Planning
•Steps Involved in Marketing Planning
•Characteristics of Marketing Objectives
•Formulating Marketing Strategy
•Techniques for Mass Production
PURPOSE OF MARKETING PLANNING
MARKETING PLANNING IS


An outline of a design to accomplish
a specific objective:

   •To create value for customers at a
   profit

   •To create a mutually beneficial
   relationship
USE OF MARKETING PLAN
To determine:
• Where the company is now
• Where it wants to go
• How to get there

Includes:
• Advertising Plan
• Sales Promotion Plan
• Pricing Plan
• Distribution Plan
• Product Plan
• Target Market Plan
STEPS INVOVLED IN MARKET
        PLANNING
ANALYSE : SCANNING THE
        MARKET ENVIRONMENTS


• Identify favorable and unfavorable factors
  prevailing in the environment

• Find specific business opportunities and their
  attractiveness
• Gather the emerging marketing opportunities

• Identify the threats

• Analyse the competition

• Undertake customer sensing
  – customer response to the product
  – probes customer’s loyalties
MARKETING RESEARCH

           EXTERNAL                     INTERNAL


•Information of Customer     •Sales/Order or Profit/Margin
•Information on Competitor   •Industry Type
•Economic Factors            •Geographical Area
•Political Factors
•Environmental Factors       Also Includes 4Ps of Marketing
•Cultural Factors            i.e. Product, Price, Promotion,
                             Place
PERFORM SWOT ANALYSIS
DEVELOP MARKETING PLANS
1.Clear- Unambiguous

2.Quantified- Outcomes should be
  quantified

3.Focused- Avoid temptation

4.Realistic- Achievable

5.Agreed- Committed to the goal
Setting the marketing
      objectives of the
         business unit
Factors Considered

• Weigh the opportunities available

• The threats

• Forces of competition

• Resources and capabilities

• Marketing organization
SETTING UP MARKETING
                   OBJECTIVES


•What the Business is trying to achieve


•Can be set at two levels
    1. Corporate Level

    2. Functional Level
CORPORATE LEVEL
•Organization Specific Goals

•Should Conform with SMART Criteria


EXAMPLES :

1. Aim for return of Investment of
   atleast 15%

2. Aim to increase earnings by atleast
   10% every year
FUNCTIONAL LEVEL
•Objectives specific for Marketing
Activities

•Should Conform with SMART Criteria

EXAMPLES:

1. Aim to Achieve market share of 10%

2. Aim to create 75% customer BRAND
   awareness in the market

3. Increase the Loyalty Base
“Human nature has a tendency to admire
complexity but reward simplicity.” – BEN HUH
Strategy, refers to a plan of action and tactics designed
to achieve a particular goal...

They are dynamic. They are partially planned and
partially unplanned…
Formulating Marketing
             Strategy


Before Formulating, Ask three primary Qs


1. Does goals relate to Marketing

2. Are Goals achievable

3. Are resources available in store
Formulating Marketing
                  Strategy
Format of Marketing Strategy has three sections:

1.   Basic Assumptions: Survey results and past planning

2.   Strategic Goals: Goals for growth and fiscal health of the co-op

3.   Achieving Goals: Ideas that will alter public mind to conform to strategic
     goals



              Advertising Strategy is a result of Marketing Strategy

Marketing Strategy  Creates the PRODUCT for the MARKET
Advertising Strategy  Creates the MARKET for the PRODUCT (Media as Vehicle)
TECHNIQUES AND PRACTICES FOR
       MASS PRODUCTION




“The production of too many useful things results in too
many useless people. “
                                                      -
Karl Marx
FEATURES

•Production of large amounts/volume

•Popularized by Henry Ford

•High rate of production per worker

•Faster rate of production

•Fewer labour cost

•Finished goods
TECHNIQUES USED
•Moving Tracks

•Conveyor Belts

•Robots

•Elevators

•Overhead Cranes
MAIN CONCERNS

•Expensive Machinery

•Guarantee investment returns

•High installation costs/maintenance

•Long term demand for the product

•Versatile
“A Goal is a dream
 with a deadline”
     -Zig Zagler
Marketing planning and Marketing strategy

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Marketing planning and Marketing strategy

  • 1. MARKETING PLANNING AND MARKETING STRATERGIES Presenter: Nazarenu Fernandes BE ETC 2012
  • 3. I M A GREAT IN THAT CASE… LOVER I LOVE YOU
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  • 7. MARKETING PLANS MARKETING STRATERGY
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  • 9. “Plans are Nothings, Planinng is Everything” - Dwight D. Eisenhower Contents:- •Purpose of Marketing Planning •Steps Involved in Marketing Planning •Characteristics of Marketing Objectives •Formulating Marketing Strategy •Techniques for Mass Production
  • 11. MARKETING PLANNING IS An outline of a design to accomplish a specific objective: •To create value for customers at a profit •To create a mutually beneficial relationship
  • 12. USE OF MARKETING PLAN To determine: • Where the company is now • Where it wants to go • How to get there Includes: • Advertising Plan • Sales Promotion Plan • Pricing Plan • Distribution Plan • Product Plan • Target Market Plan
  • 13. STEPS INVOVLED IN MARKET PLANNING
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  • 15. ANALYSE : SCANNING THE MARKET ENVIRONMENTS • Identify favorable and unfavorable factors prevailing in the environment • Find specific business opportunities and their attractiveness
  • 16. • Gather the emerging marketing opportunities • Identify the threats • Analyse the competition • Undertake customer sensing – customer response to the product – probes customer’s loyalties
  • 17. MARKETING RESEARCH EXTERNAL INTERNAL •Information of Customer •Sales/Order or Profit/Margin •Information on Competitor •Industry Type •Economic Factors •Geographical Area •Political Factors •Environmental Factors Also Includes 4Ps of Marketing •Cultural Factors i.e. Product, Price, Promotion, Place
  • 19. DEVELOP MARKETING PLANS 1.Clear- Unambiguous 2.Quantified- Outcomes should be quantified 3.Focused- Avoid temptation 4.Realistic- Achievable 5.Agreed- Committed to the goal
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  • 21. Setting the marketing objectives of the business unit Factors Considered • Weigh the opportunities available • The threats • Forces of competition • Resources and capabilities • Marketing organization
  • 22. SETTING UP MARKETING OBJECTIVES •What the Business is trying to achieve •Can be set at two levels 1. Corporate Level 2. Functional Level
  • 23. CORPORATE LEVEL •Organization Specific Goals •Should Conform with SMART Criteria EXAMPLES : 1. Aim for return of Investment of atleast 15% 2. Aim to increase earnings by atleast 10% every year
  • 24. FUNCTIONAL LEVEL •Objectives specific for Marketing Activities •Should Conform with SMART Criteria EXAMPLES: 1. Aim to Achieve market share of 10% 2. Aim to create 75% customer BRAND awareness in the market 3. Increase the Loyalty Base
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  • 26. “Human nature has a tendency to admire complexity but reward simplicity.” – BEN HUH
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  • 28. Strategy, refers to a plan of action and tactics designed to achieve a particular goal... They are dynamic. They are partially planned and partially unplanned…
  • 29. Formulating Marketing Strategy Before Formulating, Ask three primary Qs 1. Does goals relate to Marketing 2. Are Goals achievable 3. Are resources available in store
  • 30. Formulating Marketing Strategy Format of Marketing Strategy has three sections: 1. Basic Assumptions: Survey results and past planning 2. Strategic Goals: Goals for growth and fiscal health of the co-op 3. Achieving Goals: Ideas that will alter public mind to conform to strategic goals Advertising Strategy is a result of Marketing Strategy Marketing Strategy  Creates the PRODUCT for the MARKET Advertising Strategy  Creates the MARKET for the PRODUCT (Media as Vehicle)
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  • 32. TECHNIQUES AND PRACTICES FOR MASS PRODUCTION “The production of too many useful things results in too many useless people. “ - Karl Marx
  • 33. FEATURES •Production of large amounts/volume •Popularized by Henry Ford •High rate of production per worker •Faster rate of production •Fewer labour cost •Finished goods
  • 34. TECHNIQUES USED •Moving Tracks •Conveyor Belts •Robots •Elevators •Overhead Cranes
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  • 36. MAIN CONCERNS •Expensive Machinery •Guarantee investment returns •High installation costs/maintenance •Long term demand for the product •Versatile
  • 37. “A Goal is a dream with a deadline” -Zig Zagler