SlideShare a Scribd company logo
LOGO
LOGO
 Group members
 Afza Farooq
 Tehzeeb Tariq
 Syed Zohaib Ali
 Rameez Akram
 Presented to:-
Sir Amin Nasarullah
LOGO
STRATEGIC OPTIONS:
Quality Value Focus Innovation.
STRATEGIC MARKETING
MANAGEMENT.
Chapter 9 &10
LOGO
What is mean by strategic
options?
•A strategy is about giving the business
a clear direction and purpose.
•Business strategy crowd together
following strategic options:
Value proposition
Assets and competencies
Functional strategies and programs
LOGO
STRATEGIC
OPTIONS INCLUDE:
Quality
Value
Focus
Innovation
Globalization
LOGO
•A business may select more than one
strategic options among different options.
•These strategies would help you in
developing business strategies and
decision making.
LOGO
CHALLENGES OF BUSINESS
STRATEGY.
Q.Which strategic option should form
the basis for business strategy?
Answer: Each option should be
challenged with respect to whether it
contain a real and perceived value
proposition , and whether it is
relevant, sustainable and feasible
Is There A Real Customer Value
Proposition?
Is There A Perceived Customer
Value Proposition?
Is the strategy relevant to
customer?
Is the strategy sustainable?
Is the strategy feasible?
Strategic Options To Be
Discussed In Detail:
Quality
Value
Focus
Innovation
Being global
Strategic options:
Product Attributes
product Design
 Product Line Breadth
CORPORATE SOCIAL RESPONSIBILITY

Brand familiarity
The awareness consumers have of a particular brand.
Customer Intimacy
A marketing strategy where a service supplier or
product retailer gets close to their clients.
THE QUALITY OPTION
Perceived quality of the product
PERCEIVED QUALITY AND FINANCIAL
PERFORMANCE
Association of quality with brand choice.
TOTAL QUALITY MANAGEMENT
TQM is an operating philosophy and management
tool that focuses on continuous process
improvement. Everything is a scientific method.
http://www.kandns.com
Total Quality Management
• Commitment of senior management to
total quality management .
• Cross functional teams empowered to
make changes.
• Process orientation includes livestock
to feed , preparation of ready to cook
products like burger patties, nuggets
and kababs.
• A set of systems like suggestion
system.
• The tracking of key quality measures
including customer satisfaction.
Signals Of High Quality
• Consumer mostly prefer quality
product which are fit and finish.
Example
 Broadband suppliers (professionals
attitudes)
 Tomato juices (thickness)
 Cleaners (dishwashers)
 Super markets (imtiaz, metro)
 Cars and clothes (heavy weight
mobile phones and branded clothes)
Values
• Dell computers:
customization and assemble to order, no
intermediary, effective distribution, direct
contact with customer.
• Super stores:
Imtiaz super store
• Suzuki:
cost focus , easy to operate.
VALUE Cont…
Value Arenas
Creating a cost advantage
Perceived value
Low cost culture
Creating A Cost Advantage
A source of competitive advantage that
depends on producing some product or
service at the lowest cost. The most
successful approaches to cost advantages
are
No frills product/services
Operations
Scale economies
The experience curve
Perceived Value
It deals solely with the customer‘s
perception of a product.
Nike, a well-known brand of today,
endorsed in professional NBA player
Michael Jordan and created a special line of
shoes called the Air Jordan(s).
Low Cost Culture
•Cost oriented culture
•Low cost structure
FOCUS:
Pay particular attention to some thing
for example
Hospital:
kidney center specially for kidney related
patients.
Tutty fruity:
Provide flavored yogurt.
Focus strategy
concentrates on:
Resources and energy
Competing with limited resources
Supporting a strategic position
Innovation
INNOVATION
SONY:
Focus on continuous innovation, introduces
new products like walkman, handycam,
Xplod(mobile entertainment), play stations,
cile(handheld PDA), cyber shot (digital
camera), and VAIO(note book computers).
PROCTER AND GAMBLE:
Deep understanding of customer, research on
technologies, ability to link customer need with
technical skills.
Innovation
cont…
Innovation and value
proposition
The first mover advantage
Thank You

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strategic marketing management chapter 9 and 10

  • 2. LOGO  Group members  Afza Farooq  Tehzeeb Tariq  Syed Zohaib Ali  Rameez Akram  Presented to:- Sir Amin Nasarullah
  • 3. LOGO STRATEGIC OPTIONS: Quality Value Focus Innovation. STRATEGIC MARKETING MANAGEMENT. Chapter 9 &10
  • 4. LOGO What is mean by strategic options? •A strategy is about giving the business a clear direction and purpose. •Business strategy crowd together following strategic options: Value proposition Assets and competencies Functional strategies and programs
  • 6. LOGO •A business may select more than one strategic options among different options. •These strategies would help you in developing business strategies and decision making.
  • 7. LOGO CHALLENGES OF BUSINESS STRATEGY. Q.Which strategic option should form the basis for business strategy? Answer: Each option should be challenged with respect to whether it contain a real and perceived value proposition , and whether it is relevant, sustainable and feasible
  • 8. Is There A Real Customer Value Proposition? Is There A Perceived Customer Value Proposition? Is the strategy relevant to customer? Is the strategy sustainable? Is the strategy feasible?
  • 9.
  • 10. Strategic Options To Be Discussed In Detail: Quality Value Focus Innovation Being global
  • 12.  Product Line Breadth
  • 14.  Brand familiarity The awareness consumers have of a particular brand. Customer Intimacy A marketing strategy where a service supplier or product retailer gets close to their clients.
  • 15. THE QUALITY OPTION Perceived quality of the product
  • 16. PERCEIVED QUALITY AND FINANCIAL PERFORMANCE Association of quality with brand choice.
  • 17. TOTAL QUALITY MANAGEMENT TQM is an operating philosophy and management tool that focuses on continuous process improvement. Everything is a scientific method. http://www.kandns.com
  • 18. Total Quality Management • Commitment of senior management to total quality management . • Cross functional teams empowered to make changes. • Process orientation includes livestock to feed , preparation of ready to cook products like burger patties, nuggets and kababs. • A set of systems like suggestion system. • The tracking of key quality measures including customer satisfaction.
  • 19. Signals Of High Quality • Consumer mostly prefer quality product which are fit and finish. Example  Broadband suppliers (professionals attitudes)  Tomato juices (thickness)  Cleaners (dishwashers)  Super markets (imtiaz, metro)  Cars and clothes (heavy weight mobile phones and branded clothes)
  • 20. Values • Dell computers: customization and assemble to order, no intermediary, effective distribution, direct contact with customer. • Super stores: Imtiaz super store • Suzuki: cost focus , easy to operate.
  • 22. Value Arenas Creating a cost advantage Perceived value Low cost culture
  • 23. Creating A Cost Advantage A source of competitive advantage that depends on producing some product or service at the lowest cost. The most successful approaches to cost advantages are No frills product/services Operations Scale economies The experience curve
  • 24. Perceived Value It deals solely with the customer‘s perception of a product. Nike, a well-known brand of today, endorsed in professional NBA player Michael Jordan and created a special line of shoes called the Air Jordan(s). Low Cost Culture •Cost oriented culture •Low cost structure
  • 25. FOCUS: Pay particular attention to some thing for example Hospital: kidney center specially for kidney related patients. Tutty fruity: Provide flavored yogurt.
  • 26. Focus strategy concentrates on: Resources and energy Competing with limited resources Supporting a strategic position
  • 28. INNOVATION SONY: Focus on continuous innovation, introduces new products like walkman, handycam, Xplod(mobile entertainment), play stations, cile(handheld PDA), cyber shot (digital camera), and VAIO(note book computers). PROCTER AND GAMBLE: Deep understanding of customer, research on technologies, ability to link customer need with technical skills.
  • 30.

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