Chapter2: Planning,
implementing,&evaluating
Marketing stategies- Pham
Khac Thong, MBA
1
Chapter 2
Planning, implementing &
evaluating marketing strategies
Marketing Strategic planning-
Warm up
1. Is the profit motive the only real
motive for a companys existence?
2. What are the dangers to a company
of over-planning?
Chapter2: Planning,
implementing,&evaluating Marketing
stategies- Pham Khac Thong, MBA 2
Chapter2: Planning,
implementing,&evaluating
Marketing stategies- Pham
Khac Thong, MBA
3
Strategic Marketing Planning
Strategic planning is the process of developing
and maintaining a feasible fit between
the organization’s objectives, skills, and resources
and its changing marketing opportunities.
What is Strategic Marketing Planning?
(Philip Kotler )
Process-->
Strategic Fit:
+Goals
+Capabilities
Skills & Resources
+ Market
opportunities
/4 principles
(steps)
4
Chapter2: Planning,
implementing,&evaluating Marketing
stategies- Pham Khac Thong, MBA
Chapter2: Planning,
implementing,&evaluating
Marketing stategies- Pham
Khac Thong, MBA
5
Reasons for Planning
If we do not know where we are going any
road will take us there.
The essence of strategic planning is the
consideration of current decision
alternatives in the light of their probable
consequence over time.
The future is unpredictable but it is not a
random walk.