marketing plan template11

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    Marketing Plan for

    By

    Division:

    Group No:

    Group Member Names :

    MMS Year 2013

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    Company Profile

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    Executive Summary

    A breif introduction of marketing plan

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    Analysis of our Past/Present

    situation

    Following are the Analysis of our product & services.

    1) PESTO Business environment we operate

    2) Market Analysis- Market Effectiveness

    3) Competitive Analysis-to find out our direct, indirect, could be our competitors

    and Quantitative Analysis to quantify our direct competition.

    4) Segmentation: Quantitative, By need, By Loyalty

    5) Marketing Mix : Our product mix, Place, Promotion and price.

    6) SWOT Analysis : to ascertain our USPs

    7) Positioning : to ascertain our average perception of products/servicesUSPs

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    Business Environment

    P E S T O

    As we Analyze current business environment, we effected by :

    Political Environment

    Economical

    Banking, finance industry

    Social

    If ur in perfume industry,

    Social environment plays a imp role.

    Ex: trends

    Technology

    it industry

    Others

    Legal, GreenEx: ecological

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    Present / Past Market Analysis(Please calculate your own level of competitiveness for your product and services)

    Level of competitiveness

    Barriers to

    entry and

    Exit

    BargainingPower of

    Suppliers

    Substitutes

    Bargaining

    power of

    Customers

    Issues on Grade of

    1 to 10, let say we grade

    as ---, level

    of barrier

    Level of barrier 9

    Level of

    Barrier 3Level of barrier 3

    0.4

    i.e. 40%

    Level of

    importance

    0.3

    i.e. 30%

    Level of

    importance

    0.1i.e. 10%

    Level of

    importance

    0.2

    i.e. 20%Level of

    importance

    0.6

    2.7

    0.3

    2.8

    6.4

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    Present/Past Competitive Analysis-

    Qualitative

    Define ur could be a competitor, if any

    Indirect competitor, if any

    Direct Competitor

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    Competitive Analysis with direct competitor of

    Past/Present(define yours)

    CSF : Quantitative way to Analyze numbers

    knowhow

    Attitude

    Weight

    (expertopinion)

    DA Result Result

    1 to 10

    Grade

    1 to 10

    Grade

    0.2 (20%) 8 1.6 7 1.4

    0.4 (40%) 7 2.8 9 3.6

    0.4 (40%) 6 2.4 7 2.8

    10 6.8 7.8

    Communication

    Level of competitiveness

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    Past/Present Segmentation (define

    yours)

    Market Segmentation is done by 2 ways :

    1) By Book : Age, Gender, demographics and

    2) By Need : User, Purchaser, Influencer, info-gathering

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    Past/Present Segmentation (define

    yours)

    Segmenting by Loyalty.

    Right to become customer

    customer

    consumer

    A customer is a potential consumer

    A customers who prefer a certain brand

    Returning consumers

    Loyal consumer

    Pyramid of loyalty

    Recommending consumer

    Friends of business owners

    Stakeholder /

    Partner/shareholders

    No Right to become a customer

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    Past/Present Marketing Mix

    Define your product mix in the column

    3 sub variable of our

    product mix:

    Physical Features

    Brand

    Quality of Services

    Product Mix

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    Past/Present Marketing Mix (please mention your

    pricing strategy)

    Pricing

    Product + price = marketing offerTop to Bottom Price

    Reverse Pricing

    Skimming

    Method of payment

    CashCheque

    Discount

    Credit

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    Past/Present Marketing Mix (please mention

    your distribution strategy)

    Marketing Distribution

    Channel

    Direct Channel

    Indirect Channel

    Place

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    Past/Present Marketing Mix (please

    mention your promotional Mix)

    Promotion

    Advertisement

    PRSales promotion

    Conventions

    Sponsorships

    MARCOM

    Marketing Communication also called Mass Communication

    So there are 11 elements of products

    Distribution Channel + market commn = marketing promotion

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    Past/Present Marketing Mix

    Mention For Services if any

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    Past/Present Marketing Mix (please

    mention your marketing mix)

    Brand promotion 40% Indirect

    distribution 20%advertisement 30%

    Price 10%

    Cell size according to importance.

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    Past/Present SWOT

    STRENGHTS (CAPTURE)

    +

    +

    +

    +

    WEAKNESSES (OVERCOME)

    -

    -

    -

    -

    OPPORTUNITIES (INVEST)

    +

    +

    +

    +

    THREATS (IDENTIFY)

    -

    -

    -

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    Past/Present Positioning (please mention your

    product USP positioning)

    1 2

    3 4

    1

    2

    3

    4

    USP 2 Comfort

    USP 1 Flexibility of Schedule

    INDIGO

    JET

    Mention your Direct COMPETITION

    Mention about survey of SEGMENTATION

    Mention USP from SWOT

    EXAMPLE OF INDIGO AIRLINES, BUSINESS CLASS, MUMBAI TO DELHI

    INDIGO

    SPICEJET

    SPICE

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    Marketing Strategy for New Year

    Marketing Plan (Please mention % in the boxes based on your concentration)

    Our Obvious

    StrategyProduct / Services

    Existing

    M

    A

    R

    K

    E

    T

    E

    X

    IS

    T

    I

    N

    G

    Y

    loyal

    consum

    er

    Penetration StrategyDemand

    Our Offer

    New Product Development

    Strategy

    New Market Development

    Strategy

    Diversification Strategy

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    Marketing Strategic Planning

    Based on our past analysis of Environmental Analysis, Market Analysis,

    and Competitive Analysis find below our objective as :

    Example of Restaurant business :

    Next year we will develop two new seasonal lunch menus, mainly for ourexisting customers (est. 60% of resources) , and in parallel promote the

    existing dinner menu & upcoming lunch menus to students (est. 25% of

    resources). Furthermore, we will operate a new home delivery service in

    the last quarter of next year (est. 15% of efforts).

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    PESTO

    Based on the new strategy, Please mention 2

    important variable which has the maximum

    impact to your business.

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    Desired Segmentation

    Based on our past analysis and New Year Strategy, the Desired Segmentation

    are :

    Based mainly on the findings of the past year, segmenting existing

    targeted audiences, the desired segmentation of existing and newsegments : Next year we will target

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    Desired Marketing mix

    Based on our past analysis and New Year Strategy, the Desired Product

    mix and marketing mix are :

    Based mainly on the findings of the past year, proportional mapping of the

    mix: Next year we will emphasize

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    TOWS Driven Objectives

    SO WO

    ST WT

    OPPORTUNITIES

    THREATS

    STRENGHTS WEAKNESSES

    INTERRELATING PAST AND PRESNT TO FUTURE OUR USPS ARE :

    1)2)

    PAST/PRESENT

    F

    U

    T

    U

    R

    E

    NEXT

    YEAR

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    Position

    Based on our past analysis, New Year Strategy, and Perceptual gaps based

    on the findings of the past year : Next year we will highlight

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    Execution

    1) Next year we may collaborate with the following companies :

    2) Maintaining current situation : we try to maintain the current situation.

    3) Developing new product/pricing or may not

    Marketing activities (MARCOM/Distribution Channel)

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    Control

    Control Bodies

    Control Tools (reports, survey etc)

    Milestones Criteria for Success (Update)