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Marketing
How to build a marketing plan?


                    12/1/2007
                  Laurent Bouty




                                  1
How to build a Marketing Plan?
Question


โ€ข Why building a marketing plan?



โ€ข What should we do for building a marketing plan?




                                                                     2
                   ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                         2
How to build a Marketing Plan?
The Marketing Process
            Corporate mission and
            objectives
                         Marketing audit
                                                SWOT

                    Marketing objectives


                      Marketing strategy

                           Marketing Mix
                     Product           Promotion
                     Price             People
                     Place             Process


                         Implementation
                           Evaluation
                             Control
                                                                    3
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                        3
How to build a Marketing Plan?
Question


โ€ข Do you think the model is still valid?




                                                                       4
                     ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                           4
How to build a Marketing Plan?
Do they follow the marketing process?




                                                                    5
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                        5
How to build a Marketing Plan?
Do they have a plan?




                                                                    6
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                        6
How to build a Marketing Plan?
Leader - Why?




                                                                  7
                ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                      7
How to build a Marketing Plan?
Why are they different?




                                                                    8
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                        8
How to build a Marketing Plan?
Question


โ€ข What do you think has changed?




                                                                    9
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                        9
How to build a Marketing Plan?
Evolution of the marketing concept



                                                                                    Customer
                                                                                   orientation
                               Portfolio
   Customer      Competitor
                                                                                 (rediscovered)
                  analysis selection theory
   analysis



                                                 Quality/                        The New
  The Old                                         Value                          Marketing
                      Strategy
 Marketing                                       Delivery                        Concept
                      Planning
 Concept

                       Long-range              Total quality                       Distinctive
                        planning               management                         competence




Webster (1994)                                                                                    10
                               ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                                                   10
How to build a Marketing Plan?
Element 1 - Proliferation


                                     โ€ข    More Brands
                                     โ€ข    More Products
                                     โ€ข    More Choices
                                     โ€ข    More Info
                                     โ€ข    More Speed
                                     โ€ข    More Stress




                                                                     11
                   ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                      11
How to build a Marketing Plan?
Element 2 - Fragmenting customer segments

                                   โ€ข Increase of different customer
                                     segments
                                   โ€ข Influence of ethnicity
                                   โ€ข Life-style difference in
                                     consumption pattern




                                                                   12
                 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                    12
How to build a Marketing Plan?
Element 3 - Consumers are connected


                                   โ€ข    Social Networks
                                   โ€ข    Self-generated content
                                   โ€ข    Communities
                                   โ€ข    Blogs
                                   โ€ข    Product ratings




                                                                   13
                 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                    13
How to build a Marketing Plan?
Element 4 - Consumersโ€™ behaviour


                                   โ€ข    Less Time
                                   โ€ข    Less Attention
                                   โ€ข    Less Ignorance
                                   โ€ข    Less Stability
                                   โ€ข    Less Loyalty




                                                                   14
                 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                    14
How to build a Marketing Plan?
Element 5 - Sales and Distribution Touchpoints


                                       โ€ข New channels (eg.Ebay)
                                       โ€ข New Touchpoints (eg.
                                         Mobile phones)
                                       โ€ข New distribution partners
                                         (eg. Tesco for Travel)




                                                                     15
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                      15
How to build a Marketing Plan?
Element 6 - Diverse communication vehicles


                                    โ€ข Old Media
                                           โ€“ TV
                                           โ€“ Radio
                                           โ€“ Press
                                    โ€ข New Media
                                           โ€“    Internet
                                           โ€“    Viral Marketing
                                           โ€“    Product Placement
                                           โ€“    Banner
                                           โ€“    Online Video


                                                                    16
                  ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                     16
How to build a Marketing Plan?
So: Plenty of challenges


                                        โ€ข     How to differentiate?
                                        โ€ข     How to create value?
                                        โ€ข     How to capture value?
                                        โ€ข     How to reach people?
                                        โ€ข     How to manage?
                                        โ€ข     How to survive?




                                                                      17
                   ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                       17
How to build a Marketing Plan?
Question


โ€ข What should we do differently when building a marketing
  plan?




                                                                     18
                   ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                      18
How to build a Marketing Plan?
New rules


โ€ข    Increase the number of bets, and decrease their size
โ€ข    Focus on detection, measurement and feedback
โ€ข    Follow through with flexible marketing budget
โ€ข    Exploit naturally emerging social influence
โ€ข    Build flexibility into supply chains and contract




Source: Marketing in an unpredictable world - HBR - Sept 2006

                                                                                                 19
                                               ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                                                  19
How to build a Marketing Plan?
The Marketing Process - New rules

 Corporate mission and
 objectives                                      โ€ข Marketing objectives
          Marketing audit                                โ€“    Period?
                                                         โ€“    Calendar?
                            SWOT

                                                         โ€“    ROI?
        Marketing objectives
                                                         โ€“    Cross-functional
                                                         โ€“    Customer life cycle
         Marketing strategy
                                                         โ€“    Short term
            Marketing Mix
                                                         โ€“    Long term
        Product    Promotion
        Price      People
        Place      Process


          Implementation
            Evaluation
              Control
                                                                                    20
                            ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                                     20
How to build a Marketing Plan?
The Marketing Process - New rules

 Corporate mission and
 objectives                                      โ€ข Marketing strategy
          Marketing audit                                โ€“ Precision, adaptability and
                                                           segmentation
                            SWOT
                                                         โ€“ Pricing: test, transparency,
        Marketing objectives
                                                           flexibility
                                                         โ€“ All channels (old and new)
         Marketing strategy
                                                         โ€“ Project and program based
            Marketing Mix                                  approach
        Product    Promotion
                                                         โ€“ Multi-skills people
        Price      People
        Place      Process


          Implementation
            Evaluation
              Control
                                                                                          21
                            ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                                           21
How to build a Marketing Plan?
The Marketing Process - New rules

 Corporate mission and
 objectives                                      โ€ข Implementation/control
          Marketing audit                                โ€“ Project budget
                                                         โ€“ Start small, scale fast
                            SWOT

                                                         โ€“ Real-time tracking
        Marketing objectives
                                                         โ€“ ROI
                                                         โ€“ Influencer, Social network,
         Marketing strategy
                                                           Emerging networks
            Marketing Mix
                                                         โ€“ Ensure your suppliers are
        Product    Promotion
                                                           also flexible
        Price      People
        Place      Process


          Implementation
            Evaluation
              Control
                                                                                         22
                            ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                                          22
How to build a Marketing Plan?
Conclusions


โ€ข Current process is still valid
โ€ข Rules have changed
โ€ข Marketing job is more complex




                                                                     23
                   ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT


                                                                      23
Thank You



                  Laurent Bouty
                 Leading Worlds
        laurent.bouty@leadingworlds.com



                                          24


                                               24

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How To Build A Marketing Plan

  • 1. Marketing How to build a marketing plan? 12/1/2007 Laurent Bouty 1
  • 2. How to build a Marketing Plan? Question โ€ข Why building a marketing plan? โ€ข What should we do for building a marketing plan? 2 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 2
  • 3. How to build a Marketing Plan? The Marketing Process Corporate mission and objectives Marketing audit SWOT Marketing objectives Marketing strategy Marketing Mix Product Promotion Price People Place Process Implementation Evaluation Control 3 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 3
  • 4. How to build a Marketing Plan? Question โ€ข Do you think the model is still valid? 4 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 4
  • 5. How to build a Marketing Plan? Do they follow the marketing process? 5 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 5
  • 6. How to build a Marketing Plan? Do they have a plan? 6 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 6
  • 7. How to build a Marketing Plan? Leader - Why? 7 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 7
  • 8. How to build a Marketing Plan? Why are they different? 8 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 8
  • 9. How to build a Marketing Plan? Question โ€ข What do you think has changed? 9 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 9
  • 10. How to build a Marketing Plan? Evolution of the marketing concept Customer orientation Portfolio Customer Competitor (rediscovered) analysis selection theory analysis Quality/ The New The Old Value Marketing Strategy Marketing Delivery Concept Planning Concept Long-range Total quality Distinctive planning management competence Webster (1994) 10 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 10
  • 11. How to build a Marketing Plan? Element 1 - Proliferation โ€ข More Brands โ€ข More Products โ€ข More Choices โ€ข More Info โ€ข More Speed โ€ข More Stress 11 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 11
  • 12. How to build a Marketing Plan? Element 2 - Fragmenting customer segments โ€ข Increase of different customer segments โ€ข Influence of ethnicity โ€ข Life-style difference in consumption pattern 12 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 12
  • 13. How to build a Marketing Plan? Element 3 - Consumers are connected โ€ข Social Networks โ€ข Self-generated content โ€ข Communities โ€ข Blogs โ€ข Product ratings 13 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 13
  • 14. How to build a Marketing Plan? Element 4 - Consumersโ€™ behaviour โ€ข Less Time โ€ข Less Attention โ€ข Less Ignorance โ€ข Less Stability โ€ข Less Loyalty 14 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 14
  • 15. How to build a Marketing Plan? Element 5 - Sales and Distribution Touchpoints โ€ข New channels (eg.Ebay) โ€ข New Touchpoints (eg. Mobile phones) โ€ข New distribution partners (eg. Tesco for Travel) 15 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 15
  • 16. How to build a Marketing Plan? Element 6 - Diverse communication vehicles โ€ข Old Media โ€“ TV โ€“ Radio โ€“ Press โ€ข New Media โ€“ Internet โ€“ Viral Marketing โ€“ Product Placement โ€“ Banner โ€“ Online Video 16 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 16
  • 17. How to build a Marketing Plan? So: Plenty of challenges โ€ข How to differentiate? โ€ข How to create value? โ€ข How to capture value? โ€ข How to reach people? โ€ข How to manage? โ€ข How to survive? 17 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 17
  • 18. How to build a Marketing Plan? Question โ€ข What should we do differently when building a marketing plan? 18 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 18
  • 19. How to build a Marketing Plan? New rules โ€ข Increase the number of bets, and decrease their size โ€ข Focus on detection, measurement and feedback โ€ข Follow through with flexible marketing budget โ€ข Exploit naturally emerging social influence โ€ข Build flexibility into supply chains and contract Source: Marketing in an unpredictable world - HBR - Sept 2006 19 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 19
  • 20. How to build a Marketing Plan? The Marketing Process - New rules Corporate mission and objectives โ€ข Marketing objectives Marketing audit โ€“ Period? โ€“ Calendar? SWOT โ€“ ROI? Marketing objectives โ€“ Cross-functional โ€“ Customer life cycle Marketing strategy โ€“ Short term Marketing Mix โ€“ Long term Product Promotion Price People Place Process Implementation Evaluation Control 20 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 20
  • 21. How to build a Marketing Plan? The Marketing Process - New rules Corporate mission and objectives โ€ข Marketing strategy Marketing audit โ€“ Precision, adaptability and segmentation SWOT โ€“ Pricing: test, transparency, Marketing objectives flexibility โ€“ All channels (old and new) Marketing strategy โ€“ Project and program based Marketing Mix approach Product Promotion โ€“ Multi-skills people Price People Place Process Implementation Evaluation Control 21 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 21
  • 22. How to build a Marketing Plan? The Marketing Process - New rules Corporate mission and objectives โ€ข Implementation/control Marketing audit โ€“ Project budget โ€“ Start small, scale fast SWOT โ€“ Real-time tracking Marketing objectives โ€“ ROI โ€“ Influencer, Social network, Marketing strategy Emerging networks Marketing Mix โ€“ Ensure your suppliers are Product Promotion also flexible Price People Place Process Implementation Evaluation Control 22 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 22
  • 23. How to build a Marketing Plan? Conclusions โ€ข Current process is still valid โ€ข Rules have changed โ€ข Marketing job is more complex 23 ยฉ LEADING WORLDS 2006 - THE MARKETING ARCHITECT 23
  • 24. Thank You Laurent Bouty Leading Worlds laurent.bouty@leadingworlds.com 24 24