Chapter 8 Planning for international marketing Learning objectives p.278 After reading this chapter you should be able to: • describe the strategic marketing planning process and the role of scenario planning in international marketing • explain the steps involved in the international marketing planning process • develop an international marketing plan • illustrate the challenges to effective international marketing planning • discuss the requirements for practical international
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UNIVERSITY OF EASTERN AFRICA FACULTY OF COMMERCE DEPARTMENT OF MARKETING AND MANAGEMENT UNIT TITLE : MARKETING PLANNING AND CONTROL TASK : Analyze the importance of control. (10mks) : Discuss any major problems that confront attempts to control and evaluate market activities. (10mks) : Marketing planning is difficult for Toy companies because toys tend to be fads
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Assess the practical value of strategic marketing planning models to today’s marketing managers. The four P’s are essential for any company wanting to implement the marketing concept‚ unfortunately these tools only concern the operational side of an organisation (they identify the wants and needs of a customer and then present them as a product). If a company wants to succeed and survive in the future they must focus on marketing planning‚ this concept concentrates on where the company currently
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The four marketing planning activities undertaken by all corporate headquarters are a. Product – The corporate headquarters focus on this activity is product variety‚ quality‚ design‚ features‚ brand name‚ packaging‚ sizes‚ services‚ warranties and returns. They focus on customer feedback and utilize market intelligence services to make sure the customer is happy and is impressed from the product. b. Price – The focus is on List price‚ discounts‚ allowances‚ payment period and credit terms. c
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Marketing Planning Process - Introduction Author: Jim Riley Last updated: Sunday 23 September‚ 2012 Macdonald (1995) suggests that several stages have to be completed in order to arrive at a strategic marketing plan. These are summarised in the diagram below: Marketing Planning Process The extent to which each part of the above process needs to be carried out depends on the size and complexity of the business. In a small or undiversified business‚ where senior management have a strong knowledge
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Marketing and Advertising Planning Top-down‚ Bottom-up and IMC 1. The Marketing Plan 1. The Importance of Marketing Planning 1. The marketing plan assembles all the pertinent facts about the organization‚ the markets it serves‚ and its products‚ services‚ customers‚ competition‚ and so on. 2. It forces all of the departments-product development‚ production‚ selling‚ advertising‚ credit‚ transportation-to focus on the customer. 3. Finally‚ it sets goals and
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Franklin Planning Management BM 291 Planning Management BM 291 ------------------------------------------------- Electronic Assignment Cover sheet Student (s) Number as per your student card: 1568570 1732373 1770749 1679946 1633416 Course Title: BA (HONS) Marketing with Event Management BA (HONS) Project Management BA (HONS) Business Management Lecturer Name: David Wallace Module/Subject Title: Management BM 291 Assignment Title: Planning No
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Assessment activity 1 Planning marketing activities Part A 1. Rate the importance of each of the following customer needs for a product or service sold by your organization‚ or an organization you are familiar with. The rating scale is one (vey unimportant) to 10 (very important). Product or service: Importance of the customer Customer need 1 2 3 4 5 6 7 8 9 10 Safety needs * Performance needs * Aesthetic needs * Social
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efficiency. Their premium segment of fuel that id Z95 is a bit more expensive than its unleaded Z91 and its a bit difficult to explain the customer about its qualities. Inspite of selling fuel Z has also an instore shop which has all the products raging from grocery to deli to drinks and a separate CAR CARE section which has all the products that a motorist needs while he is on the road. All this is presented in a manner that the customer when entering and leaving the shop has fulfilled all his requirements
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GSK Marketing Planning | March 31 2013 | Calvin Cheung‚ Hussain Al Katib‚ Manpreet Budwal‚ Sandra Okechukwu | SOSTAC Review based on GlaxoSmithKline | Content Table of Contents 1.0 Introduction2 2.0 Situation Analysis3 2.1 PESTEL Analysis3 2.2 SWOT Analysis4 2.3 Boston Matrix5 2.4 Porter’s Five Forces Analysis6 3.0 Objectives8 4.0 Strategy9 4.1 Product9 4.2 Price9 4.3 Promotion9 4.4 Place10 4.5 Person10 4.6 Process10 4.7 Physical Evidence10 5.0 Tactics11 6.0 Action Plan12
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