Sales and Marketing
The Strategic Marketing Plan Training
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The Strategic Marketing Plan Training Course
Introduction:
A marketing plan helps businesses clarify their marketing elements, set objectives, and guide activities. This course covers various aspects like the marketing mix, researching target markets, and developing a strategic position. It also includes implementing and evaluating the marketing plan. Marketing is a dynamic discipline that involves anticipating and satisfying demand.
Course Objectives:
In this 5-days Training Course, participants will learn:
- To illustrate the exciting, dynamic, and influential nature of marketing
- Apply a logical step-by-step process to produce a sound marketing plan
- Devise a marketing plan that builds on marketing audit findings
- Use marketing audit findings to identify effective strategies and tactics
- Develop the components of the strategic marketing plan
- Identify and implement the different marketing warfare strategies (offensive, defensive and flanking)
- To define marketing and trace its evolution with a special focus on the marketing concept, a marketing philosophy, customer service, and customer satisfaction and relationship marketing
- To show the importance of marketing as a field of study
- To describe the basic functions of marketing and those who perform these functions
- To examine the environment within which marketing decisions are made and marketing activities are undertaken
- To differentiate between those elements controlled by a firm’s top management and those controlled by marketing, and to enumerate the controllable elements of a marketing plan
- To enumerate the uncontrollable environmental elements that can affect a marketing plan and study their potential ramifications
- To explain why feedback about company performance and the uncontrollable aspects of its environment and the subsequent adaptation of the marketing plan are essential for a firm to attain its objectives.
Who Should Attend?
- Heads of Marketing
- Directors of Marketing
- Marketing Managers
- Marketing Executives
- Product Marketing Managers
- Sales Managers and Directors
- Market Analysts
- Business Development Managers and Directors
- Communications Managers and Directors
- Public Relations Managers and Directors
- Project Managers and Directors
- Media Managers and Directors
Course Outlines:
The Marketing Concepts
- Scope and functions
- Competitive pressures changing the world
- The smart bomb strategic approach
- Definition of strategic planning
- Organizing the general planning framework
The Marketing Planning Process
- The benefits of planning
- Reasons to write a marketing plan
- The marketing plan format
- The marketing planning process
- Setting 'SMART' objectives and goals
- Linking the marketing strategy to the vision, mission, and objectives of the company
The Business Situation Analysis
- The components of a company’s environment
- The framework for competitive analysis
- Components of internal analysis
- Components of the external analysis
- Competitive and customer analysis
- Environmental analysis
- 'SWOT' analysis
- The five forces diagram
Planning Segmentation, Targeting, and Positioning
- Basis for segmentation
- Benefits of segmentation
- The market segmentation process
- Criteria for B to B segmentation
- Effective positioning
- Steps in market segmentation, targeting, and positioning
Strategy Development
- Considering different strategic alternatives ('TOWS' analysis)
- Analyzing different marketing strategies
- The growth strategy matrix
- Factors shaping the choice of strategy
- Blue ocean versus red ocean strategies
- Workshop: formulating strategies and contingencies
Tactical Planning Applications
- Setting the scene: the marketing mix
- The components of the marketing mix
- Using the marketing mix model
- Workshop: setting the marketing mix