Strategic Marketing.Pdf

Topics: Marketing, Strategic management, Marketing plan Pages: 22 (6692 words) Published: October 30, 2010
Case study

Strategic marketing planning for a supplier of liquid food packaging products in Cyprus Demetris Vrontis
Marketing Department, School of Business, Intercollege, Nicosia, Cyprus

Harry Kogetsidis
Department of Management and MIS, Intercollege, Nicosia, Cyprus, and

Andreas Stavrou
Henley Management College, Henley-on-Thames, UK
Abstract Purpose – This paper aims to provide a strategic review of the marketing function for a Cypriot company operating in the liquid food packaging industry (for reasons of confidentiality the name of the company is withheld). The paper focuses on the dairy market, where the company does not have a very strong market position, and illustrates how through an analysis of the environment (internal and external audit) the company’s strategic direction and marketing plan can be designed more effectively. Design/methodology/approach – The paper adopts a case study approach with primary research through in-depth interviews with managers of the company under investigation. Findings – The paper concludes that, by undertaking to rectify its weak marketing function, the company can develop capabilities that will lead to a fully integrated relationship with all its customers and significantly improve its market share. Originality/value – The value of the paper lies in providing a new case study that highlights the importance of making the marketing function a more market/consumer oriented process that bridges the gap between strategic change and industrial complexity and instability. Keywords Business environment, Marketing planning, Management strategy, Strategic marketing, Dairy products, Cyprus Paper type Case study

The aim of this paper is to provide a strategic review of the marketing function for a Cypriot company operating in the liquid food packaging industry. The company was established in the early 1980s and the purpose of its business is to provide marketing and after-sales services of its products to local liquid food manufacturers in Cyprus. As the company promotes and sells carton packaging and filling equipment for liquid food, its success depends partially on how well it provides its services. In this context, marketing activities are viewed as an important element in achieving the objectives of the company. The development of this case is based on a number of assumptions, which are summarised in Table I.

Marketing planning
According to Fifield and Gilligan (2000), marketing planning is a process of: . analysing environmental, competitive and business factors affecting business units and forecasting future trends in business areas of interest to the enterprise; . participating in setting business objectives and formulating corporate and business unit strategy; . selecting target market strategies for the product-markets in each business unit; . establishing marketing objectives; and . developing, implementing and managing program positioning strategies for meeting target market needs. This process is illustrated in Figure 1.

Situation analysis – environmental scanning
The current issue and full text archive of this journal is available at

Situation analysis is the first and one of the most important stages in marketing planning. This is because “a company’s ‘strategic fit’ with its environment is central to its strategy. Further, effective strategies cannot be developed without A teaching note is available from Dr Vrontis Demetris at:

Journal of Business & Industrial Marketing 21/4 (2006) 250– 261 q Emerald Group Publishing Limited [ISSN 0885-8624] [DOI 10.1108/08858620610672623]


Strategic marketing planning Demetris Vrontis et al.

Journal of Business & Industrial Marketing Volume 21 · Number 4 · 2006 · 250 –261

Table I Assumptions made
Environment Business segment Competitors Social Economic and trade Political Assumption(s) Product lifecycle of milk will continue...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Disney And Strategic Management Essay
  • Strategic Choices Essay
  • Strategic Analysis
  • Strategic Management Essay
  • Essay about strategic marketing
  • Essay on strategic management
  • Strategic Management Essay
  • Strategic Plan Essay

Become a StudyMode Member

Sign Up - It's Free