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MARKETING PLANNING
   Product manager’s key responsibility is to
    develop the marketing plan.

   A marketing plan is a written document
    containing guidelines for the business
    center’s marketing programs and
    allocations over the planning period.




             Marketing Plan
   To define the current situation facing the
    product
   To define problems and opportunities
    facing the business.
   Establish objectives
   Define strategies and programs to achieve
    the objectives
   To pinpoint responsibility
   Encourage careful and disciplined thinking
   Establish customer – competitor
    orientation.

     Marketing Plan Objectives
PLANNING

           Analysis
          Objectives,
          Strategies

    EVALUATING   IMPLEMENTING




The Planning Process
I.   Executive Summary
II. Situational Analysis
III. Objectives
IV. Product/Brand Strategy
V. Supporting Marketing Programs
VI. Financial Documents
VII. Monitors and Controls
VIII.Contingency Plans




        MARKETING PLAN
I.    Executive Summary

     ◦ A one- to three- page synopsis of the
       plan providing highlights of the current
       situation, objectives, strategies,
       principal actions programs and financial
       expectations




         I. Executive Summary
               Marketing Plan Outline       BACK
A.   Category/ Competitor Definition
B.   Category Analysis
C.   Company and Competitor Analysis
D.   Customer Analysis
E.   Planning Analysis




        II. Situation Analysis
            Marketing Plan Outline
I.    Situation Analysis

     A.   Category/ competitor Definition

     B.   Category analysis

      1. Aggregate market factors
        a. Category size
        b. Category growth
        c. Stage in the product life cycle
        d. Sales cyclicity
        e. Seasonality
        f. Profits




            II. Situation Analysis
                   Marketing Plan Outline
2. Category factors
     a. Threat of new entrants/exits
     b. Bargaining power of buyers
     c. Bargaining power of suppliers
     d. Pressure from substitutes
     e. Category capacity
     f. Current category rivalry

 3. Environment factors
     a. Technological
     b. Political
     c. Economic
     d. Regulatory
     e. Social

II. Situation Analysis
     Marketing Plan Outline
C. Company and Competitor analysis
  1.   Product feature matrix
  2.   Objectives
  3.   Strategies
  4.   Marketing Mix
  5.   Profits
  6.   Value Chain
  7.   Differential advantage/resource analysis.
         a. Ability to conceive and design new products
         b. Ability to produce/manufacture or deliver the
         service
         c. Ability to market
         d. Ability to finance
         e. Ability to manage
         f. Will to succeed in this category
    8. Expected future strategies

       II. Situation Analysis
             Marketing Plan Outline
D. Customer analysis
    1. Who are the customers
    2. What do they buy and how do they
       use it?
    3. Where do they buy?
    4. When do they buy?
    5. How do they choose?
    6.Why they prefer a product.
    7. How they respond to marketing
 programs.
    8. Will they buy it again?
    9. Long-term value of customers.
    10. Segmentation.
     II. Situation Analysis
          Marketing Plan Outline
E. Planning assumptions
 1. Market Potential
 2. Category and Product sales forecasts
 3. Other assumptions




       II. Situation Analysis
            Marketing Plan Outline    BACK
III. Objectives
      A. Corporate objectives
      B. Divisional objectives
      C. Marketing objective(s)
           1. Volume and Profit
           2. Time frame
           3. Secondary objective(s)
           4. Program (marketing mix)
   Where do we want to go?

               III. Objectives
               Marketing Plan Outline   BACK
IV. Product/ Brand Strategy
      A. Customer target(s)
      B. Competitor target(s)
      C. Product/service features
      D. Core Strategy
           1. Value proposition
           2. Product positioning
   How are we going to get there?


     IV. Product/Brand Strategy
                 Marketing Plan Outline   BACK
V. Supporting Marketing Programs
  A. Integrated marketing communication plan
  B. Advertising
  C. Promotion
  D. Sales
  E. Price
  F. Channels
  G. Customer management activities
  H. Website
  I. Marketing Research
  J. Partnership/Joint ventures
   Implementation part of a plan, decisions about above
    items…
V. Supporting Marketing Programs
                              BACK
                   Marketing Plan Outline
VI. Financial Documents

        A. Budgets

        B. Pro forma statements

   Financial reports, Profit & Loss or Income statements


        VI. Financial Documents
                  Marketing Plan Outline            BACK
VII. Monitors and Controls

        A. Budgets

        B. Secondary data

        C. Primary data

   Research, measure progress…

      VII. Monitors and Controls
                 Marketing Plan Outline   BACK
VIII. Contingency Plans

   As markets are dynamic, new products or new
    competitors etc.




       VIII. Contingency Plans
               Marketing Plan Outline
                                                  BACK
 Select  an organization, find out
  whether “Product Manager”
  position exists or not, if yes, find
  their job responsibilities/ job
  profile.
 Submit in 2-3 pages.
 Submission closes on Friday (13th
  July 2012,9.05 am).

       ASSIGNMENT No. 1

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2 marketing planning

  • 2. Product manager’s key responsibility is to develop the marketing plan.  A marketing plan is a written document containing guidelines for the business center’s marketing programs and allocations over the planning period. Marketing Plan
  • 3. To define the current situation facing the product  To define problems and opportunities facing the business.  Establish objectives  Define strategies and programs to achieve the objectives  To pinpoint responsibility  Encourage careful and disciplined thinking  Establish customer – competitor orientation. Marketing Plan Objectives
  • 4. PLANNING Analysis Objectives, Strategies EVALUATING IMPLEMENTING The Planning Process
  • 5. I. Executive Summary II. Situational Analysis III. Objectives IV. Product/Brand Strategy V. Supporting Marketing Programs VI. Financial Documents VII. Monitors and Controls VIII.Contingency Plans MARKETING PLAN
  • 6. I. Executive Summary ◦ A one- to three- page synopsis of the plan providing highlights of the current situation, objectives, strategies, principal actions programs and financial expectations I. Executive Summary Marketing Plan Outline BACK
  • 7. A. Category/ Competitor Definition B. Category Analysis C. Company and Competitor Analysis D. Customer Analysis E. Planning Analysis II. Situation Analysis Marketing Plan Outline
  • 8. I. Situation Analysis A. Category/ competitor Definition B. Category analysis 1. Aggregate market factors a. Category size b. Category growth c. Stage in the product life cycle d. Sales cyclicity e. Seasonality f. Profits II. Situation Analysis Marketing Plan Outline
  • 9. 2. Category factors a. Threat of new entrants/exits b. Bargaining power of buyers c. Bargaining power of suppliers d. Pressure from substitutes e. Category capacity f. Current category rivalry 3. Environment factors a. Technological b. Political c. Economic d. Regulatory e. Social II. Situation Analysis Marketing Plan Outline
  • 10. C. Company and Competitor analysis 1. Product feature matrix 2. Objectives 3. Strategies 4. Marketing Mix 5. Profits 6. Value Chain 7. Differential advantage/resource analysis. a. Ability to conceive and design new products b. Ability to produce/manufacture or deliver the service c. Ability to market d. Ability to finance e. Ability to manage f. Will to succeed in this category 8. Expected future strategies II. Situation Analysis Marketing Plan Outline
  • 11. D. Customer analysis 1. Who are the customers 2. What do they buy and how do they use it? 3. Where do they buy? 4. When do they buy? 5. How do they choose? 6.Why they prefer a product. 7. How they respond to marketing programs. 8. Will they buy it again? 9. Long-term value of customers. 10. Segmentation. II. Situation Analysis Marketing Plan Outline
  • 12. E. Planning assumptions 1. Market Potential 2. Category and Product sales forecasts 3. Other assumptions II. Situation Analysis Marketing Plan Outline BACK
  • 13. III. Objectives A. Corporate objectives B. Divisional objectives C. Marketing objective(s) 1. Volume and Profit 2. Time frame 3. Secondary objective(s) 4. Program (marketing mix)  Where do we want to go? III. Objectives Marketing Plan Outline BACK
  • 14. IV. Product/ Brand Strategy A. Customer target(s) B. Competitor target(s) C. Product/service features D. Core Strategy 1. Value proposition 2. Product positioning  How are we going to get there? IV. Product/Brand Strategy Marketing Plan Outline BACK
  • 15. V. Supporting Marketing Programs A. Integrated marketing communication plan B. Advertising C. Promotion D. Sales E. Price F. Channels G. Customer management activities H. Website I. Marketing Research J. Partnership/Joint ventures  Implementation part of a plan, decisions about above items… V. Supporting Marketing Programs BACK Marketing Plan Outline
  • 16. VI. Financial Documents A. Budgets B. Pro forma statements  Financial reports, Profit & Loss or Income statements VI. Financial Documents Marketing Plan Outline BACK
  • 17. VII. Monitors and Controls A. Budgets B. Secondary data C. Primary data  Research, measure progress… VII. Monitors and Controls Marketing Plan Outline BACK
  • 18. VIII. Contingency Plans  As markets are dynamic, new products or new competitors etc. VIII. Contingency Plans Marketing Plan Outline BACK
  • 19.  Select an organization, find out whether “Product Manager” position exists or not, if yes, find their job responsibilities/ job profile.  Submit in 2-3 pages.  Submission closes on Friday (13th July 2012,9.05 am). ASSIGNMENT No. 1