Professional Documents
Culture Documents
GROUP 1 Reports
GROUP 1 Reports
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A marketing opportunity is a qualified sales lead identified by a sales team as
someone in need of a product or service. Marketing possibilities lay the
groundwork for sales and are more likely to result in a successfully closed
deal. Marketing possibilities are sometimes more qualified than other sorts of
sales leads since the customer has a problem for which you have a solution
and the client has proven they have the resources to purchase that product or
solution. However, no matter how appealing a product or service is, not
everyone will buy it, which is why it is critical to find and capitalize on
marketing possibilities.
02
A marketing opportunity is a qualified sales lead
identified by a sales team as someone in need of a
am as product or service. Marketing possibilities lay the
groundwork for sales and are more likely to result
ed in a successfully closed deal. Marketing
rts of possibilities are sometimes more qualified than
tion other sorts of sales leads since the customer has
uct or
a problem for which you have a solution and the
client has proven they have the resources to
purchase that product or solution.However, no
matter how appealing a product or service is, not
everyone will buy it, which is why it is critical to
find and capitalize on marketing possibilities.
03
am as
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rts of
tion
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04
• One advantage of marketing opportunity
am as is that it allows businesses to identify and
ed capitalize on new trends, demands, and
rts of market gaps. By identifying these
tion
uct or
opportunities, businesses can tailor their
products or services to meet the needs of
customers, ultimately increasing their
chances of success and profitability.
On the other hand, a disadvantage of marketing
opportunity is that it can be a time-consuming
and costly process. It requires thorough
research, analysis, and planning to identify and
pursue the right opportunities. Additionally, there
is always a risk involved in entering new markets
or introducing new products, as there may be
uncertainties and challenges that can impact the
success of the opportunity.
• Consumer analysis is the process of understanding and examining consumer
behavior, preferences, and needs in order to make informed business decisions.
It involves gathering and analyzing data to gain insights into consumer
demographics, buying patterns, motivations, and perceptions.
3. Competitive Advantage: By analyzing consumer behavior,
businesses can gain a competitive edge over their rivals. They 2. Product Development: Consumer analysis provides valuable insights into what
can identify gaps in the market, understand consumer trends, consumers want and need. This information can be used to develop and improve products
or services, ensuring they align with consumer expectations and demands.
and develop unique selling propositions that set them apart
from their competitors.
This analysis will give you a clear view of the market and help you
understand your Strengths, Weaknesses, and assist you in developing
Counteractive Measures.
Before you start writing your strategic marketing process, you need to first
• Study your industry
• Define your market
• SWOT analysis
STEP 3: Devise a Marketing Plan
Create detailed customer profiles along with specifying their needs and
plan how to market your product or services to your target customers.
In this stage, put all the above strategies together and launch your strategic
marketing process.
A strategic marketing process is a
Dynamic and can be Revised
multiple times, whenever required.
MISSION IDENTIFICATION
• To identify and define the mission statement of
your company and explains why a company is in
business and how it can benefit consumers.
Situation
Analysis
Davhon B. Bojos
Agenda
Introduction Importance of Situation Analysis
• It ensures that decisions are based on a risks, and enhance their resilience.
Government Data:
• Access economic and demographic data provided by government agencies, which can offer
insights into macroeconomic conditions and regulatory changes.
SWOT Analysis
Clear objectives are not set in stone. They can be adapted or adjusted
as market conditions change. This flexibility allows marketers to
respond to shifts in consumer behavior, market trends, or competitive
pressures while staying aligned with their overarching goals.
Importance of Objectives
Communication and Collaboration
Customer-focused objectives
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Examples of Marketing Objectives
Here are a few real-world examples of marketing objectives that different types
of businesses might set:
• E-commerce Retailer:
• Objective: Increase online sales revenue.
⚬ Specific: Achieve a 15% increase in online sales revenue.
⚬ Measurable: Track revenue growth through the e-commerce platform.
⚬ Achievable: Implement targeted online advertising campaigns and
optimize the website for user experience.
⚬ Relevant: Align with the company's overall goal of becoming a leading e-
commerce retailer.
⚬ Time-bound: Achieve the 15% increase within the next fiscal year.
Examples of Marketing Objectives
Here are a few real-world examples of marketing objectives that different types
of businesses might set:
2. Fast Food Chain:
• Objective: Boost customer loyalty and repeat business.
• Specific: Increase customer retention rates by 20%.
• Measurable: Track the percentage of returning customers and their
frequency of visits.
• Achievable: Launch a customer loyalty program and offer promotions to
incentivize repeat visits.
• Relevant: Align with the company's goal to enhance customer relationships.
• Time-bound: Achieve the 20% increase within the next year.
Conclusion
In conclusion, objective setting is the cornerstone of
effective strategic marketing. As we've explored throughout
this presentation, setting clear and SMART (Specific,
Measurable, Achievable, Relevant, Time-bound) objectives
is not just a formality; it is the key to achieving success in
the dynamic and competitive world of marketing.
Thank You
MARKETING
STRATEGY
DEVELOPMEN
T
REPORTED BY:
AYING, JOANA ROSE
MARKETING
STRATEGY
DVELOPMENT
is a business growth strategy that focuses on
introducing existing products to new markets.
Companies often use market development
strategies to identify and develop new
opportunities to sell their products in previously
unexplored markets.
STRATEGY
EVALUATION &
CONTROL
is the process of determining the
effectiveness of a given strategy in
achieving the organizational
objectives and taking corrective
actions whenever required.
THREE FUNDAMENTAL
STRATEGY EVALUATION &
CONTROL ACTIVITIES
• Cost Leadership
• Differentiation
• Focused
Cost leadership
• Cost leadership is a competitive strategy that involves having the lowest cost of operation in
the industry123. A company that uses cost leadership aims to be the cheapest manufacturer
or provider of a product or service in the market2. To achieve cost leadership, a company
must work on reducing cost at every level, increasing productivity and efficiency,
eliminating waste, or controlling costs
Differentiation
• Differentiated marketing strategy, also known as multi-segment marketing, enables a
company to appeal to multiple customer segments and target groups with a different
marketing message for each. It is a combination of both concentrated marketing and
undifferentiated marketing.
• Marketing majors study the branding and promotion of products and services to the public1.
They learn about advertising, communications, consumer behavior, public relations, and
marketing strategy and research1. There are several types of marketing majors, including:
• BBA with marketing concentration: Students learn broadly about business, including sales,
customer management, and finance, with several courses focused on marketing.
• BS or BA in marketing: Students learn about marketing with several courses focused on
business, sales, customer management, and related topic.
• Bachelor’s in marketing: Students learn about business, finance, advertising, sales, and
communications3.
• Bachelor’s in business with a marketing concentration
• Bachelor’s in advertising and public relationship
FORWARD INTEGRATION
Forward Integration
Forward Integration is a business strategy that involves a form
of downstream vertical integration whereby the company owns
and controls business activities that are ahead in the value chain
of it’s industry, this might include among others direct
distribution or supply of the company’s product.
Benefits of Forward Integration: