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Strategic Marketing Planning

While working on strategic marketing planning fair students will develop a document as well as will simulate
the companys marketing activities. The strategic marketing plan (Document) will be based on following
components:
1. Market Segmentation
Geographic
Demographic
Psychographic
Behavioral
2. Market Segments Potential
Market share
Sales - Potential & Forecasting
3. Developing a marketing strategy
Market leader or product line extension
Mass marketing or targeted marketing
Direct or indirect sales
The strategic marketing plan document also includes:
Situational Analysis (Market Positioning)
a. Market Characteristics
b. Key Success Factors
c. Competition and Product Comparisons
d. Technology Considerations
e. Legal Environment
f. Social Environment
g. Problems and Opportunities
Marketing Objectives
a. Product Profile
b. Target Market
c. Target Volume in term of sales
Marketing Strategies
a. Product Strategy
b. Pricing Strategy
c. Promotion Strategy
d. Distribution Strategy
e. Marketing Strategy Projection
After completing above mentioned requirements, students will study the tactical marketing programs of the
company and evaluate their findings by writing a report.
These tactical programs include:

Product Development Plan


Marketing Communication Plan
Sales Development Plan
Customer Services Plan

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