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Lecture Marketing management: Chapter 2 - Phillip Kotler, Kevin Lane Keller

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Phillip

Kevin Lane

Kotler • Keller
Marketing Management • 14e


a
h
C

2
r
e
t
p

Developing
Marketing
Strategies and
Plans


Discussion Questions
1. How does marketing affect
customer value?
2. How is strategic planning carried
out at different levels of the
organization?
3. What does a marketing plan


include?
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Slide 3 of 38


The Value Delivery Approach

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Slide 4 of 38


The Value Chain

Inbound
Outbound
Operations
Marketing
Logistics
Logistics

Support
Activities

Procurement
Human Resource management
Technological Development
Infrastructure


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Service
Margin

Primary
Activities

Slide 5 of 38


Core Business
Processes
Fulfillment
management

Customer
relationship
management
Customer
acquisition

New-offering
realization
Marketsensing
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Slide 6 of 38



Core Competencies

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Slide 7 of 38


Holistic Marketing

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Slide 8 of 38


Strategic Planning
Businesses as
investment
portfolio
Assessing each
business’s
strength
Establish a
strategy
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Slide 9 of 38


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Strategic Planning, Implementation,
and Control Processes

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Marketing Plan
• Directs and coordinates
the marketing effort
• Product Line or Brand
Level
ã Strategic and Tactical
levels

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Slide 11 of 38



Levels of a Marketing Plan
• Strategic
– Analysis of
marketing
opportunities
– Target marketing
decisions
– Value proposition

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• Tactical







Product features
Promotion
Merchandising
Pricing
Sales channels
Service

Slide 12 of 38



Corporate Strategic Planning
1

Define corporate mission

2

Establish SBU’s

3

Assign resources to SBU’s

4

Assess growth opportunities

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Slide 13 of 38


Defining the Corporate Mission
Who is the
customer?
What is
our
business?
What
should our

business
be?
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What is of
value to the
customer?

What will
our
business

Slide 14 of 38


Mission Statements
Characteristics of good mission
statements:
1. Focus on a limited number of goals
2. Stress major policies and values
3. Define major competitive spheres
4. Take a long-term view
5. Short, memorable, meaningful

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Slide 15 of 38


Vague Mission Statement

To build total brand value by
innovating to deliver customer value
and customer leadership faster, better,
and more completely than our
competition

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Slide 16 of 38


GOOGLE’S Mission Statement
To organize the world’s
information and make it
universally accessible and
useful.

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Slide 17 of 38


Vague Philosophy
We build brands and make the
world a little happier by bringing
our best to you.

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Slide 18 of 38



GOOGLE’s Philosophy
Never settle for the best.
1.
2.
3.
4.
5.
6.
7.
8.
9.

Focus on the user and all else will follow.
It’s best to do one thing really, really well.
Fast is better than slow.
Democracy on the web works.
You don’t need to be at your desk to need an
answer.
You can make money without doing evil.
There is always more information out there.
The need for information crosses all borders.
You can be serious without a suit.

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall

Slide 19 of 38



Strategic Business Units (SBU)
Three Characteristics of an SBU:
Unique competitors

A single business
or collection of
related businesses

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Leader responsible
for planning and
profitability
Slide 20 of 38


Defining Strategic Business
Units

Customer
groups

Customer needs
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Technology
Slide 21 of 38


Strategic Business Units

Company

Product Definition

Market Definition

Union Pacific

We run a railroad.

We are a people-and-goods
mover.

Xerox

We make copying
equipment.

We help improve office
productivity.

Hess
Corporation

We sell gasoline.

We supply energy.

Paramount
Pictures


We make movies.

We market entertainment.

Encyclopaedi
a Britannica

We sell encyclopedias

We distribute information.

Carrier

We make air conditioners
and furnaces.

We provide climate control in
the home.

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Slide 22 of 38


Assigning Resources
HIGH

GE/McKinsey Matrix


MED
LOW

Business Position

Boston Consulting Group Matrix

LOW

MED

HIGH

Industry
Attractiveness

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Slide 23 of 38


Assessing Growth Opportunities

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g
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2
.
2

The Strategic-Planning
Gap

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