IDENTIFYING MARKETIN
OBJECTIVES
CREATING MARKETING
STRATEGY
BUDGET PLANNING
•Market Analysis
•Competition
•Customer Analysis
•Position Analysis
Six Steps by Tom Duncan
It includes –
1. Customer’s perception of brand’s
innovativeness.
2. Expertise & helpfulness of its sales force.
3. Condition & its physical facilities.
4. Brand Image.
5. Brand Positioning.
6. Corporate Culture.
ESTABLISHING MKTG COMMUNICATION OBJECTIVES
•Arbitrary Method
•Affordability Method
•Percentage of Sales Method
•Competitive Parity Method
•Objective and Task Method
•Payout Planning Method
An appropriate comm. Program helps in achieving mktg. Comm.
objectives
Media Decisions
Pulling strategy
•Promotional effort by the seller to stimulate
final-user demand, which then exerts pressure on the
•Distribution channel.
Pushing strategy
• Promotional effort by the seller directed to members of the
• marketing channel rather than final users.
• Relies more heavily on personal selling.
• Advertising creates an environment for successful personal selling
• and remains important as an affirmation of customer’s decision.