MARKETING OVERVIEW BDI3C

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Presentation transcript:

MARKETING OVERVIEW BDI3C ‘The right product, in the right place, at the right time, and at the right price’ Adcock et al

The Marketing Concept choosing and targeting appropriate customers positioning your offering interacting with those customers controlling the marketing effort ensuring continuity of performance

Marketing Management Process Analysis/Audit - where are we now? Objectives - where do we want to be? Strategies - which way is best? Tactics - how do we get there? (Implementation - Getting there!) Control - are we on the right track?

Objectives of the Marketing Plan To act as a roadmap Helps maintain control and direction of your strategy decisions To assign responsibilities, tasks and timing To help determine necessary resources To build awareness of problems, opportunities and threats To stimulate thinking and make better use of resources

Contents and Structure of the Marketing Plan The executive summary table of contents situational analysis and target market marketing objectives marketing strategies schedules and budgets