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Process of Marketing
Management
Dr. Gopal Thapa
Tribhuvan University
Process of Marketing Management
 Situational analysis
 Formulation of marketing plan and program
 Program implementation
 Marketing control
7/19/2017 Prepared by Gopal Thapa 2
Situation Analysis
 Marketing management starts with situational
analysis
 It determines the marketing planning and
implementation
 It is popularly known as SWOT analysis
 (Strength, Weakness, Opportunities, Threats)
 It is related with internal and external factors
7/19/2017 Prepared by Gopal Thapa 3
Internal analysis
 Related with strength and weaknesses
 Competencies and assets
 It is located inside the organization
 This analysis is focused around the functional
areas such as: marketing, finance, human
resources, infrastructure, operations etc.
7/19/2017 Prepared by Gopal Thapa 4
External Analysis
 It is related with factors located outside the firm
 It is related with opportunities and threats
 Some external factors are:
 Customer analysis (Buying process, influences, customer
value, and satisfaction etc.)
 Competitor analysis (Strength, weakness, reaction pattern,
strategic options)
 Market analysis (Size, growth, profit potential, cost and
distribution structure, key success factors)
 Environmental analysis (PEST)
7/19/2017 Prepared by Gopal Thapa 5
Formulation of Marketing Plan
and Program
 Determining the business mission and goals (What
the firm want to achieve?)
 Developing strategic plan (How it achieves the business
mission and goals?
 Specifying operational tasks (What actions will be taken to
implement the strategies and achieve the goals?)
 Designing contingency strategies (What alternative
strategies can be implemented in case of changes in marketing
environment?
7/19/2017 Prepared by Gopal Thapa 6
Marketing Program Includes
 Assigning jobs to different departments
 Assigning targets to each departments
 Assigning authority and responsibility
 Determining channel of communication, reporting
system and performance evaluation
 a
7/19/2017 Prepared by Gopal Thapa 7
Program Implementation
 Success of marketing depends of effective
implementation
 Assigning task, target, authority, responsibility, to
each unit and personal as per planning
 Organizational structure, job assignment, territory
allocation as per planning
 Establishment of functional relationship
 Effective coordination and cooperation with
outsiders (Suppliers, transport company, research firms, ad
agencies)
7/19/2017 Prepared by Gopal Thapa 8
Marketing control
 Control based on cost, profit, sales, market share
 Control based on efficiency of marketing units,
tasks and personnel
 Control based on overall effectiveness of
marketing goal and customer satisfaction
7/19/2017 Prepared by Gopal Thapa 9
Marketing Control
 Setting standard
 Measuring actual performance
 Comparing standard and actual
 Correcting action
7/19/2017 Prepared by Gopal Thapa 10
Any Query
?
7/19/2017 Prepared by Gopal Thapa 11
Thank you
7/19/2017 Prepared by Gopal Thapa 12

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Process of marketing management

  • 1. Process of Marketing Management Dr. Gopal Thapa Tribhuvan University
  • 2. Process of Marketing Management  Situational analysis  Formulation of marketing plan and program  Program implementation  Marketing control 7/19/2017 Prepared by Gopal Thapa 2
  • 3. Situation Analysis  Marketing management starts with situational analysis  It determines the marketing planning and implementation  It is popularly known as SWOT analysis  (Strength, Weakness, Opportunities, Threats)  It is related with internal and external factors 7/19/2017 Prepared by Gopal Thapa 3
  • 4. Internal analysis  Related with strength and weaknesses  Competencies and assets  It is located inside the organization  This analysis is focused around the functional areas such as: marketing, finance, human resources, infrastructure, operations etc. 7/19/2017 Prepared by Gopal Thapa 4
  • 5. External Analysis  It is related with factors located outside the firm  It is related with opportunities and threats  Some external factors are:  Customer analysis (Buying process, influences, customer value, and satisfaction etc.)  Competitor analysis (Strength, weakness, reaction pattern, strategic options)  Market analysis (Size, growth, profit potential, cost and distribution structure, key success factors)  Environmental analysis (PEST) 7/19/2017 Prepared by Gopal Thapa 5
  • 6. Formulation of Marketing Plan and Program  Determining the business mission and goals (What the firm want to achieve?)  Developing strategic plan (How it achieves the business mission and goals?  Specifying operational tasks (What actions will be taken to implement the strategies and achieve the goals?)  Designing contingency strategies (What alternative strategies can be implemented in case of changes in marketing environment? 7/19/2017 Prepared by Gopal Thapa 6
  • 7. Marketing Program Includes  Assigning jobs to different departments  Assigning targets to each departments  Assigning authority and responsibility  Determining channel of communication, reporting system and performance evaluation  a 7/19/2017 Prepared by Gopal Thapa 7
  • 8. Program Implementation  Success of marketing depends of effective implementation  Assigning task, target, authority, responsibility, to each unit and personal as per planning  Organizational structure, job assignment, territory allocation as per planning  Establishment of functional relationship  Effective coordination and cooperation with outsiders (Suppliers, transport company, research firms, ad agencies) 7/19/2017 Prepared by Gopal Thapa 8
  • 9. Marketing control  Control based on cost, profit, sales, market share  Control based on efficiency of marketing units, tasks and personnel  Control based on overall effectiveness of marketing goal and customer satisfaction 7/19/2017 Prepared by Gopal Thapa 9
  • 10. Marketing Control  Setting standard  Measuring actual performance  Comparing standard and actual  Correcting action 7/19/2017 Prepared by Gopal Thapa 10
  • 11. Any Query ? 7/19/2017 Prepared by Gopal Thapa 11
  • 12. Thank you 7/19/2017 Prepared by Gopal Thapa 12