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The Influence of Company
Market Experience and
Customer Needs on
Approaches to Market
Planning
Paul Buckley
Contents
Market Planning Models
- Classical
- Processual
Types of Marketing Plans
- Strategic/Operational
- Integrated
- Existing/New Product
Proposal that plan depends on company market
experience and type of customer need
Market Planning Models
Classical Models
Processual Models
Classical models
 Systematic1
 Structured framework1
 Lack flexibility2
 Can waste resources3
 Be misleading3
 Slow to adapt to
environmental change2
Situational analysis
Objective setting
Strategy formulation
Tactic formulation
Action/implementation
Control/monitoring
Smith (1994)
1 Lancaster and Withey (2007)
2 Andersen (2000)
3 Whelan and Holloway (2012)
Processual models
 Phenomenological1
 Flexible 2
 Allow management autonomy 2
 Easier to adapt to
environmental change
 Be misleading
 Rely on manager experience
Strategist needs to be
involved with day-to-
day business activities.
Emergent strategy will
coalesce from a series
of small steps.
Wilson and Gilligan
(2012)
1 Piercy (1997)
2 Andersen (2000)
Types of Marketing Plans
Brassington and Pettitt (2006)
- Strategic plans
- Operational plans
McDonald (2007) Strategic and Operational
planning part of one process
Fisher and Pride (2006)
- Existing product/service plans
- New product/service plans
Current Proposal
Processual Plan
Hybrid Plan 1
Emphasis on
consumer analysis
Hybrid Plan 2
Emphasis on market
factors
Classical Plan
Existing
Market
New
Market
Existing
Need
New
Need
Summary
Market planning models – Classical and Processual
Types of marketing plans - strategic and
operational/ one process/existing and new product
plans
Proposal plan depends on company market
experience and type of customer need

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The Influence of Company Market Experience and Customer Needs on Approaches to Market Planning

  • 1. The Influence of Company Market Experience and Customer Needs on Approaches to Market Planning Paul Buckley
  • 2. Contents Market Planning Models - Classical - Processual Types of Marketing Plans - Strategic/Operational - Integrated - Existing/New Product Proposal that plan depends on company market experience and type of customer need
  • 3. Market Planning Models Classical Models Processual Models
  • 4. Classical models  Systematic1  Structured framework1  Lack flexibility2  Can waste resources3  Be misleading3  Slow to adapt to environmental change2 Situational analysis Objective setting Strategy formulation Tactic formulation Action/implementation Control/monitoring Smith (1994) 1 Lancaster and Withey (2007) 2 Andersen (2000) 3 Whelan and Holloway (2012)
  • 5. Processual models  Phenomenological1  Flexible 2  Allow management autonomy 2  Easier to adapt to environmental change  Be misleading  Rely on manager experience Strategist needs to be involved with day-to- day business activities. Emergent strategy will coalesce from a series of small steps. Wilson and Gilligan (2012) 1 Piercy (1997) 2 Andersen (2000)
  • 6. Types of Marketing Plans Brassington and Pettitt (2006) - Strategic plans - Operational plans McDonald (2007) Strategic and Operational planning part of one process Fisher and Pride (2006) - Existing product/service plans - New product/service plans
  • 7. Current Proposal Processual Plan Hybrid Plan 1 Emphasis on consumer analysis Hybrid Plan 2 Emphasis on market factors Classical Plan Existing Market New Market Existing Need New Need
  • 8. Summary Market planning models – Classical and Processual Types of marketing plans - strategic and operational/ one process/existing and new product plans Proposal plan depends on company market experience and type of customer need