Chapter2-----Topic 2: Planning Marketing Strategies 1. Identify the major components of strategic planning and explain how they are interrelated. The components of strategic planning consist of four main parts: 1. Analysis of organization’s strengths and weaknesses & Identification of organization’s opportunities and threats 2. Organizational mission and goal 3. Corporate and business-unit strategies 4. Each functional area of the organization (Marketing‚ Production‚ Finance and
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Edexcel Strategic Marketing Management Assessor: Submitted By: Student ID: Table of Contents Introduction 2 1.1) Importance of Strategic Marketing 2 1.2) Marketing Planning Process 3 1.3) Links between strategic marketing and the corporate strategy 5 2.1) Values of the models in the strategic marketing 6 2.2) Positioning and marketing Tactics 7 2.3) Relationship marketing 7 3.1 ) Exploiting the Growth factors 8 3.2) Response to a change 9 3.3) Strategic
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Strategic Marketing DEEPWATER HORIZON INCIDENT WORD COUNT: 6000 Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis
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The chili pepper is the fruit of plants from the genus Capsicum‚ members of the nightshade family‚ Solanaceae. The term in British English and in Australia‚ New Zealand‚ India‚ Malaysia and other Asian countries is just chilli without "pepper". Chili peppers originated in the Americas. After the Columbian Exchange‚ many cultivars of chili pepper spread across the world‚ used in both food and medicine. India is the world’s largest producer‚ consumer and exporter of chili peppers. Among which the city
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ntroduction……………………………………………………………………………..2 Strategic Marketing Planning………………………………………………………..4 The Case of TESCO and ASDA……………………………………………………...7 Conclusion……………………………………………………………………………...9 Analyzing the Competition Introduction The ability of a business to stay in the industry is one measure of the business success. This means that being able to survive is a necessity and survival translates to the ability of a business to compete. Since 1980s‚ marketing strategies have played
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The meaning of strategic marketing What is strategic marketing? How well do you understand about it? Although there are a lot of authors define and redefined strategic marketing in different years but now‚ I’m going to explain the term with my limited words. Strategic marketing is one or more sustainable competitive advantages that a company had and exploit them in order to survive in the long term business markets (BusinessDictionary‚ 2013). Tunku Abdul Rahman University College (TARC) is a
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Strategic Marketing Starbucks Strategic Marketing Plan for the Starbucks Coffee Company Table of Contents Introduction and background 3 Company mission‚ company objectives 3 Market definition and product or brand background 4 Evaluation of results and conclusion about problem 5 Situational Analysis 5 Internal analysis 5 Customer analysis 7 Industry analysis 8 Competitor analysis 11 Distribution and supplier analysis 11 SWOT analysis – Confrontation Matrix
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Dockers and Snapple - Branding Elements and Marketing Programs Differences Adaptability – Starting with Docker’s‚ Levi Strauss & Co. was able to adapt their brands‚ more so than Snapple‚ in response to changes in consumer values‚ opinions and the need to for their product to remain contemporary relevant (Keller‚ 2008a‚ pg. 143). The Dockers brand was the first casual pant of its kind and over the years changed to include wrinkle free‚ khakis and stain defender technology to compete with various
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STRATEGIC MARKETING PLAN OUTLINE 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. II. 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 2. Category factors a. Threat of new entrants/exits b. Bargaining
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Snapple’s brand is a customer-based brand. Snapple is the first company to produce a complete line of all-natural beverages and they were “made from the best stuff on earth.” In 1980‚ Snapple created the non-carbonated ready-to-drink beverages with fruit juices and iced teas. Snapple brand equity: Customers love Snapple The name of “Snapple” is attractive Quirky Logo and packaging Word-of mouth advertising Advertisement with Wendy “the Snapple Lady” is very special Where did Quaker go wrong
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