SlideShare a Scribd company logo
Market oriented strategic planning is the process of developing and
maintaining a viable fit among the organization’s objectives, skills,
and resources and its changing market opportunities. The aim of
strategic planning is to shape the company’s businesses and products
so that they yield target profits and growth and keep the company
healthy despite any unexpected threats that may arise. Strategic
planning calls for action in three key areas. The first area is managing
a company’s business as an investment portfolio. The second area
involves assessing each business’s strength by considering the
market’s growth rate and the company’s position and fit in that
market. And the third area is the development of strategy, game plan
for achieving long- term objectives
1. Moving quickly to satisfy customer needs. Using pricing to
differentiate the product / service.
2. Paying attention to packaging.
3. Building customer loyal Offering samples and
demonstrations Educating customer.
• The overall evaluation of business’s strengths, weaknesses,
opportunities, and threats is called a SWAT analysis.
 SWAT analysis consists of an analysis of the external and
internal environment.
 Launching a product in the market and winning consumer
in the initial period is not enough
 A company has no time to be complacent. In this world of
‘survival of the fittest’, one connect afford to be happy with
the sales.
Strength & weakness are internal Opportunities and Treats are
Factors and relate to the present external factors and relate to the
Situation future
Strengths opportunities
Weaknesses Threats
1. STRENGTH- Consider the company strong points from its
point and customers point of view. Consider distinst advantages
of the company, is there any offer that cannot be copied by the
competitor .
2. WEAKNESSES- Evaluate the company weaknesses from the
competitor’s perspective and plan strategies to overcome the
weakness
3. OPPORTUNITIES- Consider the areas in market that offers a
room for the company to grow. Narrow scale changes
government policy related to your industry , changes in social
pattern demographic and customer lifestyle changes.
4. TREATS- They should emphasize on the treats from
competitors and therefore develop strategic to overcome them
DEFENITION
A strategy is your plane of action in a given environment, taking
into account your set including the effect of your action on other
Marketing strategy-The section of a course of action from
among several alternative that involve specific customer groups,
communication methods distribution channels, and pricing
structures. It is a combination methods of target markets and
marketing mixes. A marketing strategy will help in defining
business goals and develop activities to achieve them.
TYPE OF MARKETING STRATEGY
1. Commodity / Consumer
2. Differentiated product / consumer
3. Commodity / Intermediary buyer
4. Differentiated product / Intermediary buyer
Market oriented strategic planning

More Related Content

What's hot

Marketing Planning Process
Marketing Planning ProcessMarketing Planning Process
Marketing Planning ProcessSushant Murarka
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
Jo Balucanag - Bitonio
 
Industry analysis
Industry analysisIndustry analysis
Industry analysis
Shriram Purankar
 
strategic management
strategic managementstrategic management
strategic management
Vishnu Vijay
 
Product Pricing
Product PricingProduct Pricing
Product Pricing
Jeremy Horn
 
Strategic management
Strategic  managementStrategic  management
Strategic management
Saxbee Consultants
 
Strategic marketing management
Strategic marketing managementStrategic marketing management
Strategic marketing management
Hailemariam Kebede
 
Chapter 8 strategic evaluation and control
Chapter 8 strategic evaluation and controlChapter 8 strategic evaluation and control
Chapter 8 strategic evaluation and control
Roshan Pant
 
External Environmental Analysis - Strategic Decision Making
External Environmental Analysis - Strategic Decision MakingExternal Environmental Analysis - Strategic Decision Making
External Environmental Analysis - Strategic Decision MakingHarish Lunani
 
Unit1 marketing mix product
Unit1 marketing mix productUnit1 marketing mix product
Unit1 marketing mix productSubhajit Sanyal
 
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
Lalita Shrestha
 
Strategic marketing planning
Strategic marketing planningStrategic marketing planning
Strategic marketing planningRachit Walia
 
Strategic surveillance strategic control - strategic implementation
Strategic surveillance   strategic control - strategic implementationStrategic surveillance   strategic control - strategic implementation
Strategic surveillance strategic control - strategic implementation
manumelwin
 
Sales quota and sales territory
Sales quota and sales territorySales quota and sales territory
Sales quota and sales territory
Tribhuvan University
 
Implementation control - strategic control - strategic implementation
Implementation control  - strategic control - strategic implementationImplementation control  - strategic control - strategic implementation
Implementation control - strategic control - strategic implementation
manumelwin
 
Customer driven marketing strategy
Customer driven marketing strategyCustomer driven marketing strategy
Customer driven marketing strategy
Ph.D (c) Turan Suleymanov
 
Marketing Strategy - Introduction
Marketing Strategy - IntroductionMarketing Strategy - Introduction
Marketing Strategy - Introduction
NANDA KISHORE SETHURAMAN
 
Differentiation strategy
Differentiation strategyDifferentiation strategy
Differentiation strategy
Prof.(Dr.) Nitin Zaware
 
Marketing research
Marketing researchMarketing research
Marketing researchArian Hadi
 

What's hot (20)

Marketing Planning Process
Marketing Planning ProcessMarketing Planning Process
Marketing Planning Process
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
Industry analysis
Industry analysisIndustry analysis
Industry analysis
 
strategic management
strategic managementstrategic management
strategic management
 
Product Pricing
Product PricingProduct Pricing
Product Pricing
 
Strategic management
Strategic  managementStrategic  management
Strategic management
 
Strategic marketing management
Strategic marketing managementStrategic marketing management
Strategic marketing management
 
Chapter 8 strategic evaluation and control
Chapter 8 strategic evaluation and controlChapter 8 strategic evaluation and control
Chapter 8 strategic evaluation and control
 
Different levels of strategy
Different levels of strategyDifferent levels of strategy
Different levels of strategy
 
External Environmental Analysis - Strategic Decision Making
External Environmental Analysis - Strategic Decision MakingExternal Environmental Analysis - Strategic Decision Making
External Environmental Analysis - Strategic Decision Making
 
Unit1 marketing mix product
Unit1 marketing mix productUnit1 marketing mix product
Unit1 marketing mix product
 
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...
 
Strategic marketing planning
Strategic marketing planningStrategic marketing planning
Strategic marketing planning
 
Strategic surveillance strategic control - strategic implementation
Strategic surveillance   strategic control - strategic implementationStrategic surveillance   strategic control - strategic implementation
Strategic surveillance strategic control - strategic implementation
 
Sales quota and sales territory
Sales quota and sales territorySales quota and sales territory
Sales quota and sales territory
 
Implementation control - strategic control - strategic implementation
Implementation control  - strategic control - strategic implementationImplementation control  - strategic control - strategic implementation
Implementation control - strategic control - strategic implementation
 
Customer driven marketing strategy
Customer driven marketing strategyCustomer driven marketing strategy
Customer driven marketing strategy
 
Marketing Strategy - Introduction
Marketing Strategy - IntroductionMarketing Strategy - Introduction
Marketing Strategy - Introduction
 
Differentiation strategy
Differentiation strategyDifferentiation strategy
Differentiation strategy
 
Marketing research
Marketing researchMarketing research
Marketing research
 

Similar to Market oriented strategic planning

Developing marketing strategies and plans(ch 2)
Developing marketing strategies and plans(ch 2)Developing marketing strategies and plans(ch 2)
Developing marketing strategies and plans(ch 2)Syed Awais
 
Marketing planning Pdf
Marketing planning PdfMarketing planning Pdf
Marketing planning Pdf
Asraful Islam Rayhan
 
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
parknicole1406
 
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahshPM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
JuliusSanJose
 
Winning markets through market oriented strategic planning
Winning markets through market oriented strategic planningWinning markets through market oriented strategic planning
Winning markets through market oriented strategic planningchonalyn
 
Marketing plan final
Marketing plan finalMarketing plan final
Marketing plan final
Việt Long Plaza
 
Subdiciplines and Components of Marketing
Subdiciplines and Components of MarketingSubdiciplines and Components of Marketing
Subdiciplines and Components of Marketinganalyn dacillo
 
MARKETING ANALYSIS
MARKETING ANALYSISMARKETING ANALYSIS
MARKETING ANALYSIS
Ellajoyamaro
 
MARKETING ANALYSIS
MARKETING ANALYSISMARKETING ANALYSIS
MARKETING ANALYSIS
maryroseballadares
 
Lesson 3 elements of strategic management
Lesson 3 elements of strategic managementLesson 3 elements of strategic management
Lesson 3 elements of strategic management
Samuel Lee Mohan
 
Point of View.pptx
Point of View.pptxPoint of View.pptx
Point of View.pptx
MorganDillon3
 
Facets of Strategic Marketing
Facets of Strategic MarketingFacets of Strategic Marketing
Facets of Strategic Marketing
ISAAC Jayant
 
Marketing
Marketing  Marketing
Marketing
Gamal Abdel Hamid
 
Marketing strategy of dabur india ltd
Marketing strategy of dabur india ltdMarketing strategy of dabur india ltd
Marketing strategy of dabur india ltdAbhishek Keshri
 
Template for marketing strategy
Template for marketing strategyTemplate for marketing strategy
Template for marketing strategy
Adeel Javaid
 
Principles of marketing chapter 2 theory
Principles of marketing chapter 2 theoryPrinciples of marketing chapter 2 theory
Principles of marketing chapter 2 theory
Partha Protim Roy Niloy
 
Marketing plan
Marketing planMarketing plan
Marketing plan
Marketing Utopia
 
Marketing-report (1).pptx
Marketing-report (1).pptxMarketing-report (1).pptx
Marketing-report (1).pptx
Takahashi19
 

Similar to Market oriented strategic planning (20)

Chapte~1
Chapte~1Chapte~1
Chapte~1
 
Developing marketing strategies and plans(ch 2)
Developing marketing strategies and plans(ch 2)Developing marketing strategies and plans(ch 2)
Developing marketing strategies and plans(ch 2)
 
Marketing planning Pdf
Marketing planning PdfMarketing planning Pdf
Marketing planning Pdf
 
Material 1 - Blog - Learn, do and growth
Material 1 - Blog - Learn, do and growthMaterial 1 - Blog - Learn, do and growth
Material 1 - Blog - Learn, do and growth
 
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
PRINCIPLES IN MARKETING QUARTER 4 GRADE 11
 
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahshPM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
PM.Archytas.C3L6.pdfhhhhhhhhhdhdhsgahahabahsghahsh
 
Winning markets through market oriented strategic planning
Winning markets through market oriented strategic planningWinning markets through market oriented strategic planning
Winning markets through market oriented strategic planning
 
Marketing plan final
Marketing plan finalMarketing plan final
Marketing plan final
 
Subdiciplines and Components of Marketing
Subdiciplines and Components of MarketingSubdiciplines and Components of Marketing
Subdiciplines and Components of Marketing
 
MARKETING ANALYSIS
MARKETING ANALYSISMARKETING ANALYSIS
MARKETING ANALYSIS
 
MARKETING ANALYSIS
MARKETING ANALYSISMARKETING ANALYSIS
MARKETING ANALYSIS
 
Lesson 3 elements of strategic management
Lesson 3 elements of strategic managementLesson 3 elements of strategic management
Lesson 3 elements of strategic management
 
Point of View.pptx
Point of View.pptxPoint of View.pptx
Point of View.pptx
 
Facets of Strategic Marketing
Facets of Strategic MarketingFacets of Strategic Marketing
Facets of Strategic Marketing
 
Marketing
Marketing  Marketing
Marketing
 
Marketing strategy of dabur india ltd
Marketing strategy of dabur india ltdMarketing strategy of dabur india ltd
Marketing strategy of dabur india ltd
 
Template for marketing strategy
Template for marketing strategyTemplate for marketing strategy
Template for marketing strategy
 
Principles of marketing chapter 2 theory
Principles of marketing chapter 2 theoryPrinciples of marketing chapter 2 theory
Principles of marketing chapter 2 theory
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Marketing-report (1).pptx
Marketing-report (1).pptxMarketing-report (1).pptx
Marketing-report (1).pptx
 

More from Sundar B N

Capital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM ApproachCapital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM Approach
Sundar B N
 
Sample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and TypesSample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and Types
Sundar B N
 
Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...
Sundar B N
 
INDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODEINDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODE
Sundar B N
 
NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER
Sundar B N
 
PRIVILEGE BANKING
PRIVILEGE BANKING PRIVILEGE BANKING
PRIVILEGE BANKING
Sundar B N
 
ISLAMIC BANKING
ISLAMIC BANKING ISLAMIC BANKING
ISLAMIC BANKING
Sundar B N
 
FOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFERFOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFER
Sundar B N
 
TRADE MARKS
TRADE MARKS TRADE MARKS
TRADE MARKS
Sundar B N
 
NET BANKING
NET BANKING NET BANKING
NET BANKING
Sundar B N
 
CROWD FUNDING
CROWD FUNDING CROWD FUNDING
CROWD FUNDING
Sundar B N
 
INFLATION
INFLATION INFLATION
INFLATION
Sundar B N
 
VIDEO MARKETING
VIDEO MARKETING VIDEO MARKETING
VIDEO MARKETING
Sundar B N
 
INTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKETINTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKET
Sundar B N
 
STARTUPS IN INDIA
STARTUPS IN INDIA STARTUPS IN INDIA
STARTUPS IN INDIA
Sundar B N
 
ATM
ATMATM
NABARD
NABARDNABARD
NABARD
Sundar B N
 
UPI
UPIUPI
National pension scheme
National pension scheme National pension scheme
National pension scheme
Sundar B N
 
Green banking
Green bankingGreen banking
Green banking
Sundar B N
 

More from Sundar B N (20)

Capital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM ApproachCapital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM Approach
 
Sample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and TypesSample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and Types
 
Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...
 
INDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODEINDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODE
 
NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER
 
PRIVILEGE BANKING
PRIVILEGE BANKING PRIVILEGE BANKING
PRIVILEGE BANKING
 
ISLAMIC BANKING
ISLAMIC BANKING ISLAMIC BANKING
ISLAMIC BANKING
 
FOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFERFOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFER
 
TRADE MARKS
TRADE MARKS TRADE MARKS
TRADE MARKS
 
NET BANKING
NET BANKING NET BANKING
NET BANKING
 
CROWD FUNDING
CROWD FUNDING CROWD FUNDING
CROWD FUNDING
 
INFLATION
INFLATION INFLATION
INFLATION
 
VIDEO MARKETING
VIDEO MARKETING VIDEO MARKETING
VIDEO MARKETING
 
INTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKETINTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKET
 
STARTUPS IN INDIA
STARTUPS IN INDIA STARTUPS IN INDIA
STARTUPS IN INDIA
 
ATM
ATMATM
ATM
 
NABARD
NABARDNABARD
NABARD
 
UPI
UPIUPI
UPI
 
National pension scheme
National pension scheme National pension scheme
National pension scheme
 
Green banking
Green bankingGreen banking
Green banking
 

Recently uploaded

Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
BhavyaRajput3
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Atul Kumar Singh
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
Jheel Barad
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 

Recently uploaded (20)

Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 

Market oriented strategic planning

  • 1.
  • 2. Market oriented strategic planning is the process of developing and maintaining a viable fit among the organization’s objectives, skills, and resources and its changing market opportunities. The aim of strategic planning is to shape the company’s businesses and products so that they yield target profits and growth and keep the company healthy despite any unexpected threats that may arise. Strategic planning calls for action in three key areas. The first area is managing a company’s business as an investment portfolio. The second area involves assessing each business’s strength by considering the market’s growth rate and the company’s position and fit in that market. And the third area is the development of strategy, game plan for achieving long- term objectives
  • 3. 1. Moving quickly to satisfy customer needs. Using pricing to differentiate the product / service. 2. Paying attention to packaging. 3. Building customer loyal Offering samples and demonstrations Educating customer.
  • 4. • The overall evaluation of business’s strengths, weaknesses, opportunities, and threats is called a SWAT analysis.  SWAT analysis consists of an analysis of the external and internal environment.  Launching a product in the market and winning consumer in the initial period is not enough  A company has no time to be complacent. In this world of ‘survival of the fittest’, one connect afford to be happy with the sales.
  • 5. Strength & weakness are internal Opportunities and Treats are Factors and relate to the present external factors and relate to the Situation future Strengths opportunities Weaknesses Threats
  • 6. 1. STRENGTH- Consider the company strong points from its point and customers point of view. Consider distinst advantages of the company, is there any offer that cannot be copied by the competitor . 2. WEAKNESSES- Evaluate the company weaknesses from the competitor’s perspective and plan strategies to overcome the weakness 3. OPPORTUNITIES- Consider the areas in market that offers a room for the company to grow. Narrow scale changes government policy related to your industry , changes in social pattern demographic and customer lifestyle changes. 4. TREATS- They should emphasize on the treats from competitors and therefore develop strategic to overcome them
  • 7. DEFENITION A strategy is your plane of action in a given environment, taking into account your set including the effect of your action on other Marketing strategy-The section of a course of action from among several alternative that involve specific customer groups, communication methods distribution channels, and pricing structures. It is a combination methods of target markets and marketing mixes. A marketing strategy will help in defining business goals and develop activities to achieve them.
  • 8. TYPE OF MARKETING STRATEGY 1. Commodity / Consumer 2. Differentiated product / consumer 3. Commodity / Intermediary buyer 4. Differentiated product / Intermediary buyer