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1、Chapter Two,Company and Marketing Strategy Partnering to Build Customer Relationships,Company and Marketing Strategy,Companywide Strategic Planning: Defining Marketings Role Designing the Business Portfolio Planning Marketing: Partnering to Build Customer Relationships Marketing Strategy and the Mar
2、keting Mix Managing the Marketing Effort Measuring and Managing Return on Marketing Investment,Topic Outline,Companywide Strategic Planning,Strategic planning is the process of developing and maintaining a strategic fit between the organizations goals and capabilities and its changing marketing oppo
3、rtunities,Strategic Planning,Companywide Strategic Planning,Steps in Strategic Planning,Companywide Strategic Planning,The mission statement is the organizations purpose, what it wants to accomplish in the larger environment Market-oriented mission statement defines the business in terms of satisfyi
4、ng basic customer needs,Defining a Market-Oriented Mission,We help you organize the worlds information and make it universally accessible and useful.,Companywide Strategic Planning,Setting Company Objectives and Goals,Companywide Strategic Planning,The business portfolio is the collection of busines
5、ses and products that make up the company Portfolio analysis is a major activity in strategic planning whereby management evaluates the products and businesses that make up the company,Designing the Business Portfolio,Companywide Strategic Planning:,Companywide Strategic Planning,Developing Strategi
6、es for Growth and Downsizing Product/market expansion grid strategies,Companywide Strategic Planning,Market penetration is a growth strategy increasing sales to current market segments without changing the product Market development is a growth strategy that identifies and develops new market segmen
7、ts for current products,Developing Strategies for Growth and Downsizing,Companywide Strategic Planning,Product development is a growth strategy that offers new or modified products to existing market segments Diversification is a growth strategy through starting up or acquiring businesses outside th
8、e companys current products and markets,Developing Strategies for Growth and Downsizing,Marketing Strategy and the Marketing Mix,Market segmentation is the division of a market into distinct groups of buyers who have distinct needs, characteristics, or behavior and who might require separate product
9、s or marketing mixes Market segment is a group of consumers who respond in a similar way to a given set of marketing efforts,Customer-Driven Marketing Strategy,Marketing Strategy and the Marketing Mix,Market targeting is the process of evaluating each market segments attractiveness and selecting one
10、 or more segments to enter,Customer-Centered Marketing Strategy,Marketing Strategy and the Marketing Mix,Customer-Centered Marketing Strategy,Market positioning is the arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of the target consumer,Marketing Strategy and the Marketing Mix,Marketing mix is the set of controllable tactical marketing toolsproduct, price, place, and promotionthat the firm blends to pro
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