Marketing Planning, Organization and Control (1) MM
Marketing Planning, Organization and Control (1) MM
Marketing Planning, Organization and Control (1) MM
Planning: Definitions
“A systematic process of forecasting the future
business environment and deciding on the most
appropriate goals,
goals objectives and positions for
best exploiting that environment.”
Planning is an activity and a process = formalised
The marketing PLAN;
“Provides clear and unambiguous statement [of intent] about
the strategies and actions that will be implemented, by
whom, when and with what [anticipated/required]
outcomes.”
Why Plan?
Planning helps:
to develop systematic, long-term thinking
to create an organised approach
to develop specificity & consistency
to get agreement from colleagues &
support from others.
• common goals and mutual benefits
toidentify sources of competitive
advantage
Benefits of Planning
3. Marketing Audit
Environmental analysis:
Phase Two SWOT
– Situation 4. SWOT Analyses
Review
Understanding customers:
Buyer Behaviour
5. Assumptions
Includes:
target market
positioning
marketing mix
customer service
research and development
marketing research
Marketing Organization
Measures include:
•performance
measurements
•evaluation mechanisms
•feedback mechanisms
•contingency planning
Enhancing Increasing
customer service Vs. profitability
Short-term Long-term
Vs.
profit value creation