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Quarantine Lectures
Crash Course: Marketing
By
Saddam Siddiqui
Quarantine Crash Course: Marketing By: Saddam Siddiqui
Lecture # 5: Strategic Marketing
Planning Process
Quarantine Crash Course: Marketing
By: Saddam Siddiqui
Quarantine Crash Course: Marketing By: Saddam Siddiqui
Agenda
• Strategic Marketing Planning Process
• Specifying the market-oriented mission
• Developing measurable companywide objectives
• Establishing business portfolio
• Developing strategies at business unit, market, and product level
Quarantine Crash Course: Marketing By: Saddam Siddiqui
Developing Strategic Marketing Planning
(SMP)
• An organization develops its overall strategic planning to develop and
maintain a strategic fit between the organization’s objectives,
available resources, and the evolving market opportunities (Kotler &
Armstrong, 2010)
• Strategic planning is done at a corporate level and will be used as a
framework that sets the overall planning of various level in the
organization.
• SMP is a process that charts out the course that the company will
take in relations to marketing.
Quarantine Crash Course: Marketing
By: Saddam Siddiqui
Strategic Marketing Planning Process
Specifying the market-oriented mission
Developing measurable companywide objectives
Establishing business portfolio
Developing strategies at business unit, market, and
product level
Quarantine Crash Course: Marketing By: Saddam Siddiqui

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Quarantine Lectures - Crash Course Marketing Ep5: Strategic Marketing Planning Process

  • 1. Quarantine Lectures Crash Course: Marketing By Saddam Siddiqui Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 2. Lecture # 5: Strategic Marketing Planning Process Quarantine Crash Course: Marketing By: Saddam Siddiqui Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 3. Agenda • Strategic Marketing Planning Process • Specifying the market-oriented mission • Developing measurable companywide objectives • Establishing business portfolio • Developing strategies at business unit, market, and product level Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 4. Developing Strategic Marketing Planning (SMP) • An organization develops its overall strategic planning to develop and maintain a strategic fit between the organization’s objectives, available resources, and the evolving market opportunities (Kotler & Armstrong, 2010) • Strategic planning is done at a corporate level and will be used as a framework that sets the overall planning of various level in the organization. • SMP is a process that charts out the course that the company will take in relations to marketing. Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 5. Strategic Marketing Planning Process Specifying the market-oriented mission Developing measurable companywide objectives Establishing business portfolio Developing strategies at business unit, market, and product level Quarantine Crash Course: Marketing By: Saddam Siddiqui