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Developing Marketing
Strategies and Plans
Discussion Questions
1. How does marketing affect customer
value?
2. How is strategic planning carried out
at different levels of the organization?
3. What does a marketing plan include?
Value Chain
Value Creation & Delivery Steps
1. Assessing Marketing Opportunities &
Customer value (environment & need
analysis)
2. Choosing the value (STP)
3. Designing value (marketing Offerings)
4. Delivering value (making accessible)
5. Communicating value
6. Grow & sustain (holistic marketing)
The Value Chain
Procurement
Human Resource management
Technological Development
Infrastructure
Support
Activities
Primary
Activities
Service
Marketing
Outbound
Logistics
Operations
Inbound
Logistics
Margin
• Performance Monitoring (financial & Non financial)
• Setting Benchmarks
• Watch Competitor
• Best Practices
• Continuous Improvements
Core Business Processes
Customer relationship
management
Customer
acquisition
Market-sensing
New-offering
realization
Fulfillment
management
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 6 of 38
What is Brand Management?
Brand management is the
process of building, managing
and improving a brand.
It begins by having a thorough
knowledge of the term “brand”.
Hence, brand management includes
developing a promise, making that
promise and maintaining it.
It means defining the brand, positioning the
brand, and delivering the brand. It is an art of
creating and sustaining the brand.
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 7 of 38
Brand Equity Concept
Brand
Equity
Customer
-based
Market -
based
Brand Equity is the value, both tangible and
intangible, that a brand adds to a product/service;
the added value a brand name identity brings to a
product or service beyond the functional benefits
provided.
The customer – based brand
equity focuses exclusively on the
relationship customers have with
the brand
The market – based brand
equity aims at producing
measures in dollars, euros
or yen.
The concept of brand equity is measured in
two terms:
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 8 of 38
Strategic Brand Management Process
The Strategic Brand Management Process consists of the
following four steps:
Strategic
Brand
Management
Process
Media Research
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 10 of 38
The Research Process
1. Identification of general problem/question
2. Literature review
3. Specify questions/hypotheses
4. Determination of design/methodology
5. Data collection
6. Data analysis/presentation
7. Interpretation of findings
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 11 of 38
RESEARCH FLOW
Define theneeds
• Setresearch
objectives
• Identify possible
marketing actions
• Literature Review
Step 3
Collect
information
Step 4
Analysis&
suggestions
• SWOTanalysis
• Profit analysis
• User analysis
• Competitor analysis
Step5
T
akemarketing
actions
• Implement
recommendations
• Evaluateresults
Step2
Research
questions
• Determine
how to collect
data
Step1
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 12 of 38
Type of Research
• Quantitative research - numbers, facts and
figures, surveys, polls, crowdsourcing, social
media
• Qualitative research – Opinions, interviews,
focus group

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Lecture 2.pptx

  • 2. Discussion Questions 1. How does marketing affect customer value? 2. How is strategic planning carried out at different levels of the organization? 3. What does a marketing plan include?
  • 3. Value Chain Value Creation & Delivery Steps 1. Assessing Marketing Opportunities & Customer value (environment & need analysis) 2. Choosing the value (STP) 3. Designing value (marketing Offerings) 4. Delivering value (making accessible) 5. Communicating value 6. Grow & sustain (holistic marketing)
  • 4. The Value Chain Procurement Human Resource management Technological Development Infrastructure Support Activities Primary Activities Service Marketing Outbound Logistics Operations Inbound Logistics Margin • Performance Monitoring (financial & Non financial) • Setting Benchmarks • Watch Competitor • Best Practices • Continuous Improvements
  • 5. Core Business Processes Customer relationship management Customer acquisition Market-sensing New-offering realization Fulfillment management
  • 6. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 6 of 38 What is Brand Management? Brand management is the process of building, managing and improving a brand. It begins by having a thorough knowledge of the term “brand”. Hence, brand management includes developing a promise, making that promise and maintaining it. It means defining the brand, positioning the brand, and delivering the brand. It is an art of creating and sustaining the brand.
  • 7. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 7 of 38 Brand Equity Concept Brand Equity Customer -based Market - based Brand Equity is the value, both tangible and intangible, that a brand adds to a product/service; the added value a brand name identity brings to a product or service beyond the functional benefits provided. The customer – based brand equity focuses exclusively on the relationship customers have with the brand The market – based brand equity aims at producing measures in dollars, euros or yen. The concept of brand equity is measured in two terms:
  • 8. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 8 of 38 Strategic Brand Management Process The Strategic Brand Management Process consists of the following four steps: Strategic Brand Management Process
  • 10. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 10 of 38 The Research Process 1. Identification of general problem/question 2. Literature review 3. Specify questions/hypotheses 4. Determination of design/methodology 5. Data collection 6. Data analysis/presentation 7. Interpretation of findings
  • 11. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 11 of 38 RESEARCH FLOW Define theneeds • Setresearch objectives • Identify possible marketing actions • Literature Review Step 3 Collect information Step 4 Analysis& suggestions • SWOTanalysis • Profit analysis • User analysis • Competitor analysis Step5 T akemarketing actions • Implement recommendations • Evaluateresults Step2 Research questions • Determine how to collect data Step1
  • 12. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 12 of 38 Type of Research • Quantitative research - numbers, facts and figures, surveys, polls, crowdsourcing, social media • Qualitative research – Opinions, interviews, focus group