Strategic Marketing Planning, Development & Implementation
Strategic Marketing: Planning, Development & Implementation
OBJECTIVES
- Identify market segments, select target markets and forecast demand
- Develop marketing strategies to defend market share, grow market share, or expand the total market
- Develop, test and launch new products and services
- Manage products and services at different stages of the product life cycle
- Develop and implement integrated marketing communication programmes that persuade audiences to buy
- Evaluate marketing activities and demonstrate return on investment and value delivered to the organisation.
WHO SHOULD ATTEND?
- Business leaders who want to understand how marketing can support corporate objectives
- Marketing professionals who want to be more strategic in their activities
- Marketing executives who are preparing for promotion into a managerial role
COURSE OUTLINE
Day 1 – Analyzing Markets and Customers
- Understanding the marketing process and concepts
- Developing a marketing information system to gather the data for decision making
- Research to understand your organisation’s micro and macro environments
- Understanding different types of buyer behaviours, needs and wants
- Conducting a marketing audit as the foundation of strategic decision-making
Day 2 – Designing Marketing Strategies
- Identifying and selecting between strategies for expanding market share, defending market share, or expanding the total market
- Strategies for different stages of the product/ service life cycle
- Integrating strategies for the 4 P’s – product, place, price and promotion
- Setting objectives: deciding which markets to enter and when to enter them
- Showing how marketing objectives relate to corporate business objectives
Day 3 – Planning Marketing Programmes
- Launching new products and services onto the marketplace
- Effectively managing products, product lines and brands
- Managing services for quality and productivity
- Deciding pricing strategies to maximise volumes, revenues, or profits
- Managing marketing channels and distribution systems to get products to customers quickly and cost effectively
Day 4 – Designing Promotion Strategies
- Developing a balanced promotion mix of strategies to engage consumers and businesses
- Designing effective advertising campaigns
- Designing sales promotion programmes
- Creating public relations and publicity programmes
- Aligning sales force motivation programmes with marketing activities
Day 5 – Evaluating Marketing Strategies and Programmes
- Creating marketing forecasts and budgets
- Tracking financials – expenses, revenues and profitability
- Measuring efficiency and effectiveness of people and channels
- Demonstrating return on investment for executives
- Developing a personal action plan