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P ART  II P LANNING THE  S ALES    T EAM’S  E FFORTS
C HAPTER  3 B UILDING  R ELATIONSHIPS THROUGH  S TRATEGIC  P LANNING
[object Object],[object Object],[object Object],[object Object],L EARNING  O BJECTIVES Strategic planning helps an organization build long-term relationships with its customers. This chapter will help you better understand:
I MPORTANCE OF  C ORPORATE  P LANNING ,[object Object],[object Object],S TRATEGIC  P LANNING
[object Object],S TRATEGIC  P LANNING     Continued
[object Object],[object Object],[object Object],T ACTICAL AND  O PERATIONAL   P LANNING
[object Object],[object Object],[object Object],E STABLISHING A  M ISSION AND  V ISION
[object Object],[object Object],[object Object],[object Object],Four key questions:
VISION “ Our heritage has been and our future is to be  the World Leader in Imaging.” MISSION “ Build a world-class, results-oriented culture… by providing…solutions to capture, store, process, output, and communicate…images to people and machines anywhere, anytime...bringing differentiated, cost-effective solutions…to the marketplace and with flawless quality…through a diverse team of energetic employees with the world-class talent and skills necessary to sustain Kodak as the World Leader in Imaging. In this way, we will achieve our fundamental objective of Total Customer Satisfaction, and our consequent goals of Increased Global Market Share and Superior Financial Performance.” VALUES (1) Respect for the Dignity of the Individual (2) Integrity (3) Trust (4) Credibility (5) Continuous Improvement and Personal Renewal Source: Kodak’s 1999 annual report. FIGURE 3.1  KODAK’S VISION, MISSION, AND VALUES
FIGURE 3.2  RELATIONSHIP BETWEEN THE ORGANIZATION’S STRATEGIC PLAN AND OPERATIONAL PLANS
W HAT   IS  M ARKETING? ,[object Object],[object Object],Businesses have two major functions:
Marketing is defined as the process of planning and executing the conception, pricing, promotion, and distribution of goods, services, and ideas to create exchanges that satisfy individual and organizational objectives.
Top Management Functional Departments Salespeople Customers Manufacturers – Service – Wholesalers – Retailers – Consumers FIGURE 3.3  THE MARKETING GROUP – THE LINK BETWEEN CUSTOMERS AND THE ORGANIZATION
Marketing people typically have these four basic objectives to accomplish: ,[object Object],[object Object],[object Object],[object Object]
M ARKETING’S  I MPORTANCE TO THE  F IRM ,[object Object],[object Object]
E SSENTIALS OF A  F IRM’S  M ARKETING  E FFORT The essentials of a firm’s marketing effort include its abilities (1) to determine the needs of its customers and (2) to create and maintain an effective marketing mix that satisfies customer needs.
[object Object],[object Object],[object Object],[object Object],Marketing mix consists of four main elements:
[object Object],[object Object],[object Object],P RODUCT:  I T’S  M ORE THAN  Y OU  M IGHT  T HINK
FIGURE 3.4  FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
FIGURE 3.5  A GOOD/SERVICE CONTINUUM
S ERVICES  A RE  P RODUCTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FIGURE 3.4  FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
[object Object],[object Object]
FIGURE 3.4  FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
[object Object],[object Object]
[object Object],[object Object],[object Object],There are three groups of customers:
FIGURE 3.4  FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
[object Object],[object Object]
Four basic parts of a promotional effort: ,[object Object],[object Object],[object Object],[object Object]
TABLE 3.1  PROMOTIONAL ACTIVITIES ,[object Object],[object Object],[object Object],[object Object]
FIGURE 3.6  TYPICAL DISTRIBUTION CHANNELS FOR CONSUMER AND INDUSTRIAL PRODUCTS
  TABLE 3.2  EXAMPLES OF EACH MARKETING-MIX ELEMENT       Warranties Trade shows     Sizes Sales management     Services Publicity Wholesalers   Returns Product displays Transportation   Quality level Personal selling Retailers Promotional allowances Packaging Free samples Locations List price Image Coupons Inventory Discounts Features Advertising Channels Credit term Brand name P ROMOTION P LACE P RICE P RODUCT
T HE  G OAL OF A  M ARKETING  M IX The organization’s marketing group strives to create a marketing mix for the right product, at the right price, at the right time, and with the right promotional effort.
R ELATIONSHIP  M ARKETING Relationship marketing is the creation of customer loyalty.
[object Object],[object Object],[object Object],L EVELS OF  R ELATIONSHIP  M ARKETING
T ECHNOLOGY  B UILDS  R ELATIONSHIPS AND  P ARTNERS ,[object Object],[object Object],[object Object]
R ELATIONSHIP  M ARKETING AND THE  S ALES  F ORCE ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],P ERSONAL  S ELLING  B UILDS  R ELATIONSHIPS
S TRATEGIC  P LANNING   AND THE  S ALES  M ANAGEMENT  P ROCESS P LANNING A  S ALES  S TRATEGY T HE  D EVELOPMENT OF  S ALES  S TRATEGIES ,[object Object],[object Object],[object Object]
A sales strategic plan includes the following four major questions: ,[object Object],[object Object],[object Object],[object Object]
S ETTING  N EXT  Y EAR’S  S ALES  P LAN The sales force may have objectives measured on the basis of the following: ,[object Object],[object Object],[object Object],[object Object]
S ALES  O BJECTIVES  D IRECT  O THER  A CTIVITIES
FIGURE 3.8  THE STRATEGIC SALES FORCE PLANNING PROCESS
T HE  B OTTOM  L INE Strategic planning involves making decisions about an organization’s long-term goals and strategies. Most people today associate marketing with selling. This marketing concept evolved over the years, developing as American businesses matured. The marketing mix consists of four variables: product, price, distribution, and promotion. Firms must carefully consider the role of the sales force in their promotional program or promotional aspect of the marketing mix.

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Chapter 03

  • 1.  
  • 2. P ART II P LANNING THE S ALES T EAM’S E FFORTS
  • 3. C HAPTER 3 B UILDING R ELATIONSHIPS THROUGH S TRATEGIC P LANNING
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. VISION “ Our heritage has been and our future is to be the World Leader in Imaging.” MISSION “ Build a world-class, results-oriented culture… by providing…solutions to capture, store, process, output, and communicate…images to people and machines anywhere, anytime...bringing differentiated, cost-effective solutions…to the marketplace and with flawless quality…through a diverse team of energetic employees with the world-class talent and skills necessary to sustain Kodak as the World Leader in Imaging. In this way, we will achieve our fundamental objective of Total Customer Satisfaction, and our consequent goals of Increased Global Market Share and Superior Financial Performance.” VALUES (1) Respect for the Dignity of the Individual (2) Integrity (3) Trust (4) Credibility (5) Continuous Improvement and Personal Renewal Source: Kodak’s 1999 annual report. FIGURE 3.1 KODAK’S VISION, MISSION, AND VALUES
  • 11. FIGURE 3.2 RELATIONSHIP BETWEEN THE ORGANIZATION’S STRATEGIC PLAN AND OPERATIONAL PLANS
  • 12.
  • 13. Marketing is defined as the process of planning and executing the conception, pricing, promotion, and distribution of goods, services, and ideas to create exchanges that satisfy individual and organizational objectives.
  • 14. Top Management Functional Departments Salespeople Customers Manufacturers – Service – Wholesalers – Retailers – Consumers FIGURE 3.3 THE MARKETING GROUP – THE LINK BETWEEN CUSTOMERS AND THE ORGANIZATION
  • 15.
  • 16.
  • 17. E SSENTIALS OF A F IRM’S M ARKETING E FFORT The essentials of a firm’s marketing effort include its abilities (1) to determine the needs of its customers and (2) to create and maintain an effective marketing mix that satisfies customer needs.
  • 18.
  • 19.
  • 20. FIGURE 3.4 FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
  • 21. FIGURE 3.5 A GOOD/SERVICE CONTINUUM
  • 22.
  • 23. FIGURE 3.4 FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
  • 24.
  • 25. FIGURE 3.4 FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
  • 26.
  • 27.
  • 28. FIGURE 3.4 FOUR MARKETING-MIX ELEMENTS AND FOUR PROMOTION ACTIVITIES Product Price Place Promotion
  • 29.
  • 30.
  • 31.
  • 32. FIGURE 3.6 TYPICAL DISTRIBUTION CHANNELS FOR CONSUMER AND INDUSTRIAL PRODUCTS
  • 33.   TABLE 3.2 EXAMPLES OF EACH MARKETING-MIX ELEMENT       Warranties Trade shows     Sizes Sales management     Services Publicity Wholesalers   Returns Product displays Transportation   Quality level Personal selling Retailers Promotional allowances Packaging Free samples Locations List price Image Coupons Inventory Discounts Features Advertising Channels Credit term Brand name P ROMOTION P LACE P RICE P RODUCT
  • 34. T HE G OAL OF A M ARKETING M IX The organization’s marketing group strives to create a marketing mix for the right product, at the right price, at the right time, and with the right promotional effort.
  • 35. R ELATIONSHIP M ARKETING Relationship marketing is the creation of customer loyalty.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42.
  • 43. S ALES O BJECTIVES D IRECT O THER A CTIVITIES
  • 44. FIGURE 3.8 THE STRATEGIC SALES FORCE PLANNING PROCESS
  • 45. T HE B OTTOM L INE Strategic planning involves making decisions about an organization’s long-term goals and strategies. Most people today associate marketing with selling. This marketing concept evolved over the years, developing as American businesses matured. The marketing mix consists of four variables: product, price, distribution, and promotion. Firms must carefully consider the role of the sales force in their promotional program or promotional aspect of the marketing mix.