2. 15-2
Marketing Strategy
Implementation and
Control
The marketing plan
Implementing the plan
Strategic evaluation and
control
Performance criteria and
information needs
Performance assessment
and action
3. 15-3
The Marketing Plan
How the marketing plan
guides implementation
Contents of the marketing
plan
Managing the planning
process
5. 15-5
Exhibit 15-1
Marketing Planning Relationships
MARKETING
STRATEGY
Annual
Marketing
Plan Implementation
Evaluation
Revision
Annual
Marketing
Plan
6. 15-6
Contents of the
Marketing Plan
(Sonesta Hotels Example)
I Introduction
II Marketing Position
III The Product
IV Marketplace Overview
V The Competition
VI Marketing Data
VII Strategy by Market Segment
VIII Advertising
IX Public Relations
X Summary
8. 15-8
Implementing the
Plan
Implementation process
Improving implementation
Internal marketing
A comprehensive approach to
improving implementation
Internal strategy-structure Fit
Developing a market orientation
The role of external
organization
15. 15-15
Data Mining and CRM
Victoria’s Secret - Data
mining to improve inventory
decisions
Music company - People over
62 buy rap music
Wal-Mart - Data mining so
each store adapts
merchandizing to local
preferences
AT&T - CRM data to identify
profitability of individual
customer and adapt service
levels
17. 15-17
Strategic Marketing Evaluation
and Control
Conduct strategic
marketing audit
Select performance
criteria, measures, and metrics
Obtain and
analyze information
Assess performance
and take necessary
action
18. 15-18
Strategic Marketing
Audit
Corporate Mission and
Objectives
Business Composition and
Strategies
Marketing Strategy (for each
planning unit)
Marketing Program Activities
Implementation and
Management