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Market Plan Development
Learn the Marketing Management Process


A marketing plan is a comprehensive blueprint, outlining an organization’s overall
marketing efforts. This document is a guide to developing a comprehensive
marketing plan. Topics includes: Marketing Management Process, Market
Segmentation, Market Analysis, Marketing Programs, Campaigns, Promotional
Methods, Budgeting, and Marketing Plan PowerPoint Templates.
                                                                      March 24, 2013
ORIGINAL PROJECT DETAILS
http://pptlab.com/ppt/Marketing-Plan-Template-24
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Contents



     Executive Summary                                                        4



     Marketing Management Process                                             10



     Conclusion                                                               52



     Templates                                                                56




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service        3
Contents



     Executive Summary



     Marketing Management Process



     Conclusion



     Templates




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service   4
A marketing plan is a comprehensive blueprint, outlining an organization’s
overall marketing efforts
Executive Summary


     A marketing plan is a comprehensive blueprint, outlining an organization’s overall marketing efforts. It
     can be a part of the company’s business plan. A solid marketing strategy is the foundation of a well-
     written marketing plan. While a marketing plan contains a list of actions, a marketing plan without a
     sound strategic foundation is of little use.
     This document is a guide to developing a comprehensive marketing plan. It touches on the following
     topics:
       • Goals and Benefits                                                •Marketing Campaigns
       • Marketing Management Process                                      •Budgeting
       • Market Segmentation                                               •Implementation
       • Target Markets                                                    •Marketing Plan Pyramid
       • Market Analysis                                                   •PowerPoint Templates
       • Strategy and Tactics
       • Marketing Programs
       • Promotional Methods




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                    5
Marketing includes the processes of communicating the value of and
moving of a product to customers
What Is Marketing


                 Marketing is the sum of all activities involved in the chain of moving
                products from the producer to end-consumer



                 Marketing includes market research, product strategy, positioning strategy,
                pricing, packaging, distribution, promotion, sales, etc.
                                             THIS IS A PARTIAL PREVIEW
                  You can download the full document at http://PPTLab.com.
                 The purpose of market research is to find out who wants or needs your
                   PPT Lab is a crowdsourced presentation design service.
                 product and under what conditions they will buy it



                 Marketing strategy can then be formulated to (after conducting proper
                market research) meet the needs of the target market




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A good marketing plan will achieve all the following goals
Marketing Plan Goals (1 of 2)


                Evaluates firm mission and vision for relevance/currency


                Checks firm strengths and weaknesses


                Checks environmental opportunities and threats
                                             THIS IS A PARTIAL PREVIEW

                Focuses on strategic target markets and their http://PPTLab.com.
                  You can download the full document at underlying needs
                      PPT Lab is a crowdsourced presentation design service.

                Sets sales and marketing objectives for chosen segments


                Defines strategies, tactics, and programs


                Sets sales and expense budgets


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service        7
Marketing Plan Goals (2 of 2)


                Assigns marketing functions, responsibilities, and timelines




                                             THIS IS A PARTIAL PREVIEW
                   You can download the full document at http://PPTLab.com.
                    PPT Lab is a crowdsourced presentation design service.




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A marketing plan provides a foundation for an organization as it enters a
competitive market—and facilitates numerous strategic goals
Marketing Plan Benefits


      A marketing plan…                                                        It facilitates the execution of…

          Provides a stable base from which your
                                                                                  Increase sales from existing customers
           company can enter the competitive market

          Provides organization and coordination of
                                                                                  Acquisition of new customers
           various activities for marketing programs to
           work
                                       THIS IS A PARTIAL PREVIEW
                                                          Discovering new marketing opportunities
       Facilitates company wide buy-in, participation,
        and support can download the full document at http://PPTLab.com.
                You
                   PPT Lab is a crowdsourced presentation design service.
                                                          Adding new strategic partners
       Serves as a benchmark for establishing
           concrete objectives, strategies, and tactics

                                                                                  Adding new sales channels
          Acts as a record for learning


          Minimizes surprises


          Tells everyone where you are going and
           prevents second guessing and confusion in
           the company



PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                9
Contents



     Executive Summary



     Marketing Management Process



     Conclusion



     Templates




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service   10
The marketing management process follows a 6 step process, starting with
the analysis and identification of target markets…
Marketing Management Process (1 of 2)

    1                                                   • Determine the marketing mix (product, pricing, placement, promotion)

              Analyze Opportunities                     • Conduct a SWOT analysis on your firm (firm’s internal strengths and
                                                          weaknesses, internal and external environmental factors
                                                        • Analyze the industry (where is the industry headed?)


    2                                                   • Successful marketing plans begin with market focus
           Determine Target Markets                     • Consider many segments, but only select primary target markets based on both
                                                          attractiveness and fit
                                                   •
                                             THIS ISThe PARTIAL PREVIEWneed and product offering
                                                     A target market defines the market
    3           You can download the Your marketing strategy should include:
                                      •
                                        full document at http://PPTLab.com.
                                         • Target
                  PPT Lab is a crowdsourcedmarket
          Design Marketing Strategies
                                         •
                                                  presentation design service.
                                                             Target market’s needs
                                                            • Target market offerings


    4                                                   • Tactics should address the questions:
           Develop Marketing Tactics                        • What are you going to offer the target market?
                                                            • What and how are you going to tell the target market about this offer?
                                                            • How are you going to distribute this offer to the targets?
                                                            • What will be your pricing strategy?




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                             11
… to the implementation of designed marketing programs
Marketing Management Process (2 of 2)

    5                                                   • Marketing programs provide the specifics of implementation
            Plan Marketing Programs
             Analyze Opportunities


    6                                                   • The goal of planning is successful implementation
        Organize, Implement, and Control                • The key to implementation is proper management
                                                        • To measure the success of a marketing plan, we need to be able to control and
                                                          track the activities and results of those activities
                                             THIS IS A PARTIAL PREVIEW
                   You can download the full document at http://PPTLab.com.
                    PPT Lab is a crowdsourced presentation design service.




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1                         4   Develop Marketing
                                                                                                    Analyze Opportunities
                                                                                                                                     Tactics

                                                                                                  2                         5
There are countless ways to segment a market                                                          Determine Target
                                                                                                          Markets
                                                                                                                                Plan Marketing
                                                                                                                             Analyze Opportunities
                                                                                                                                   Programs

                                                                                                  3   Design Marketing      6Organize, Implement,
Market Segmentation                                                                                      Strategies                and Control



                                                                       You can segment by Consumer Markets
                                                                           Age: under 18, 18-24, 25-34, etc.
                                                                           Gender: males, females
                                                                           Income: under $25K, $25-49K, $50K-100K, etc.
                                                                           Ethnicity: Caucasian, African, Hispanic, Asian, etc.
                                                                           Purchase history: triers, non-triers, heavy vs. light, etc.

                                                                       You can segment by Industrial Markets
                                             THIS IS A PARTIAL PREVIEW pads, etc.
                                                             Product: PCs, laptops,
                                                                           Industry: Retail, construction, manufacturing, etc.
                   You can download the full document at http://PPTLab.com.
                                                 Applications: Financial, CAD/CAM, etc.
                    PPT Lab is a crowdsourced presentation LATAM, EMEA, etc.
                                                 Geography: US, design service.
                                                                           Combinations of the above



                                                                       You can segment by Horizontal Markets


                            You can segment by Vertical Markets



                    In many cases, best way to segment a market is actually by customer need.



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1                       4
There are many important questions to ask when
                                                                                                           Develop Marketing
                                                                               Analyze Opportunities
                                                                                                                Tactics

                                                                               2                       5
determining target markets                                                         Determine Target
                                                                                       Markets
                                                                                                           Plan Marketing
                                                                                                        Analyze Opportunities
                                                                                                              Programs

                                                                               3   Design Marketing    6Organize, Implement,
Market Targeting Key Questions                                                        Strategies              and Control




                Who are the target markets?


                Where are they?


                Do they have sufficient size?
                                             THIS IS A PARTIAL PREVIEW
                  You can download the full document at http://PPTLab.com.
                What doLab is a crowdsourced presentation design service.
                   PPT they need?

                How do they buy?


                Can you reach them with your marketing and sales messages?




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1                       4
There are 7 key components to conducting
                                                                                                                    Develop Marketing
                                                                                        Analyze Opportunities
                                                                                                                         Tactics

                                                                                        2                       5
thorough market analysis                                                                    Determine Target
                                                                                                Markets
                                                                                                                    Plan Marketing
                                                                                                                 Analyze Opportunities
                                                                                                                       Programs

                                                                                        3   Design Marketing    6Organize, Implement,
Market Analysis                                                                                Strategies              and Control




                                Market Analysis includes 7 key components:
                                             THIS IS A PARTIAL PREVIEW
                    You can download the full document at http://PPTLab.com.
        MARKET       PPT Lab is a crowdsourced presentation design service.
                        COMPANY    NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI-                                      KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS          CHANNELS      FORCES           CATIONS             SUCCESS
       DEFINITION




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Market Segment Definition                                                                      Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Market Segment Definition Overview                                                                Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • Define the name of the segment
                                             THIS IS A PARTIAL PREVIEW
     • Define the universe of potential buyers—market potential
               You can download the full document at http://PPTLab.com.
     • Define growth forecast for total potential customers in the segment
                      PPT Lab is a crowdsourced presentation design service.
     • Define the average transaction value of sale and/or average sales per year




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Company Analysis                                                                               Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Company Analysis Overview                                                                         Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • What are your strengths?
                                             THIS IS A PARTIAL PREVIEW
     • What are your weaknesses?
              You can download the full document at http://PPTLab.com.
     • What your company’s objectives as they relate to this target market?
                      PPT Lab is a crowdsourced presentation design service.




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Needs and Requirements                                                                         Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Needs and Requirements Overview                                                                   Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • Why does the target market need your product or service?
                                             THIS IS A PARTIAL PREVIEW
     • What is going to make them buy?
                    You can download the full document at http://PPTLab.com.
                     PPT Lab is a crowdsourced presentation design service.




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Distribution Channels                                                                          Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Distribution Channels Overview                                                                    Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • Where do the customers go to fill their needs and requirements?
                                             THIS IS A PARTIAL PREVIEW
     • What is the channel of distribution for this customer segment?
     • How are theycan download the segments?
              You different than other full document at http://PPTLab.com.
                      PPT Lab is a crowdsourced presentation design service.




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Competitive Forces                                                                             Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Competitive Forces Overview                                                                       Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • What is the buying process for these customers?
                                             THIS IS A PARTIAL PREVIEW
     • What are the key decision factors that them choose one vendor over another?
         • Is it price, service, support,the full document etc.?
                  You can download availability, quality, at http://PPTLab.com.
                      PPT Lab is a crowdsourced presentation design service.




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1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Communications                                                                                 Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Communications Overview                                                                           Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • Where do members of this segment go for information?
                                             THIS IS A PARTIAL PREVIEW
     • Where do you send messages so that the right customers will find them?
     • How doYou create those messages so that they will generate the right response?
             you can download the full document at http://PPTLab.com.
                      PPT Lab is a crowdsourced presentation design service.
     • What kinds of information will be most effective?




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                 21
1                           4
Market Analysis
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                         2                           5
Keys to Success                                                                                Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                         3     Design Marketing      6Organize, Implement,
Keys to Success Overview                                                                          Strategies                and Control




        MARKET
                           COMPANY           NEEDS AND         DISTRIBUTION    COMPETITIVE         COMMUNI-              KEYS TO
       SEGMENT
                           ANALYSIS        REQUIREMENTS         CHANNELS         FORCES             CATIONS              SUCCESS
       DEFINITION




     • Is price more important than features?
                                             THIS IS A PARTIAL PREVIEW
     • Is ease of installation most important?
     • Is ease of conversion and time of full document at http://PPTLab.com.
               You can download the conversion most important?
                      PPT Lab is a crowdsourced presentation design service.
     • Is ease of use and learning more important?
     • Etc.




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                 22
1                         4
The marketing strategy will determine and drive
                                                                                                                               Develop Marketing
                                                                                                   Analyze Opportunities
                                                                                                                                    Tactics

                                                                                                 2                         5
one or more marketing tactics                                                                         Determine Target
                                                                                                          Markets
                                                                                                                               Plan Marketing
                                                                                                                            Analyze Opportunities
                                                                                                                                  Programs

                                                                                                 3    Design Marketing     6Organize, Implement,
Strategies vs. Tactics                                                                                   Strategies               and Control




                      Marketing Strategy                            vs                       Marketing Tactic

              Theoretical                                                                     Operational
                                         General
                                                                                                              An Execution
                    Descriptive
                                                                    vs                 Prescriptive
                                          Broad
                                                                                                                    Detailed
              Set of Guidelines              THIS IS A PARTIAL PREVIEW
                                                                  Implementation


                   You can download the full document at http://PPTLab.com.
                    PPT Lab is a crowdsourced presentation design service.
      A marketing strategy is a statement describing the
                                                                               A marketing tactic sets the offer, the marketing
      method of how a marketing objective will be                   vs         message and the way it should be transmitted
      achieved




    EXAMPLE

    • We will grow sales by 5% by expanding the field sales force        • We will focus on selling ProductX to existing company
      from 20 to 25                                                        accounts by having field sales reps offer free installation
                                                                           during the 3 month introductory period


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1                       4
There are many important questions to ask when
                                                                                                           Develop Marketing
                                                                               Analyze Opportunities
                                                                                                                Tactics

                                                                               2                       5
determining how to position the product                                            Determine Target
                                                                                       Markets
                                                                                                           Plan Marketing
                                                                                                        Analyze Opportunities
                                                                                                              Programs

                                                                               3   Design Marketing    6Organize, Implement,
Positioning Key Questions                                                             Strategies              and Control




                What kind of product is it?


                For whom is the product designed?


                What is the single most important benefit it offers?
                                             THIS IS A PARTIAL PREVIEW

                What is its download the full document at http://PPTLab.com.
                  You can more important competitor?
                      PPT Lab is a crowdsourced presentation design service.

                How is it different from that competitor?


                What is the customer benefit of that difference?


              Strategies begin with market focus—and positioning is critical part of market focus.



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1                        4
We need to produce a statement describing the
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
method of how an objective is to be achieved                                                     Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Developing the Strategic Statement / Marketing Objective                                            Strategies               and Control




                   THINGS TO KEEP IN MIND                                                    KEY QUESTIONS

      Focus on selected target markets—not all                                 What is the marketing message?
       targets
                                                                                How do you send that message to your
      Selected product offerings that appeal to                                 target market?
       target market needs
                                                                                Where are they, what do they read, watch
      Play to your company strengths—not                                        or listen to and how do they respond?
       weaknesses                 THIS IS                  A PARTIAL How do you convert your leads to sales?
                                                                   
                                                                     PREVIEW
      Strategies that aren’t focused won’t work
               You can download the full document at http://PPTLab.com.
                                                 How and where do you buy?
      Having tooPPT Lab is a crowdsourced presentation design service.
                 many target markets is just as
       bad as having none




                                 Align your marketing message with your target’s needs.



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1                        4
This is an example of the marketing objective,
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                            2                        5
along with the strategy and tactics it drives                                                   Determine Target
                                                                                                    Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                            3   Design Marketing     6Organize, Implement,
Example of Objective, Strategy, Tactics                                                            Strategies               and Control




      OBJECTIVE:

      Increase revenues by 15%.


                            STRATEGY                                                             TACTICS

      Positioning XYZ as the leading provider of PARTIAL Broaden product/service line matrix to
                                     THIS IS A           PREVIEW
       information technology solutions for the           include ERP solutions for manufacturers in
       discrete and process download the full document $10-15 MM revenue range
                 You can manufacturing sectors            the at http://PPTLab.com.
                      PPT Lab is a crowdsourced presentation design service. solutions
                                                    Develop PC-based manufacturing
                                                                               for small manufacturers




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1                        4
With marketing tactics defined, we need to
                                                                                                                        Develop Marketing
                                                                                            Analyze Opportunities
                                                                                                                             Tactics

                                                                                           2                        5
implement them—with programs                                                                   Determine Target
                                                                                                   Markets
                                                                                                                        Plan Marketing
                                                                                                                     Analyze Opportunities
                                                                                                                           Programs

                                                                                           3   Design Marketing     6Organize, Implement,
Marketing Program – Overview                                                                      Strategies               and Control




                                                           What is a
                                                       marketing program?


                                             THIS IS A PARTIAL PREVIEW
                   You can download the full document at http://PPTLab.com.
                    PPT Lab ismarketing program is presentation design service.
                             A a crowdsourced
                                                                                                        A marketing program
                                      an activity with well-             A marketing program
  A marketing program                                                                                   generally has a concrete
                                      defined responsibilities,          generally has budgeted
  implements tactics                                                                                    and measurable outcome
                                      deadlines, and                     expenses tied to it
                                                                                                        in sales units and value
                                      measurable results




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1                        4
We need what factors influence the marketing
                                                                                                                        Develop Marketing
                                                                                            Analyze Opportunities
                                                                                                                             Tactics

                                                                                           2                        5
communication mix                                                                               Determine Target
                                                                                                    Markets
                                                                                                                        Plan Marketing
                                                                                                                     Analyze Opportunities
                                                                                                                           Programs

                                                                                           3    Design Marketing    6Organize, Implement,
Key Factors and Constraints                                                                        Strategies              and Control




                                                         What are the
                                                    key factors influencing
                                                         direction and
                                                      promotional mix?

                                             THIS IS A PARTIAL PREVIEW
                You can download the full document at http://PPTLab.com.
                   PPT Lab is atarget market
  What are you trying to   The
                                 crowdsourced presentation design service. competition
                                                                    What is the
                                                                         The marketing budget
  accomplish?                         analysis                                                           doing?




                    Product?                           Media cost?                     Timing?




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1                         4
Make sure we understand what we are trying to
                                                                                                                    Develop Marketing
                                                                                       Analyze Opportunities
                                                                                                                         Tactics

                                                                                      2                         5
accomplish                                                                                 Determine Target
                                                                                               Markets
                                                                                                                    Plan Marketing
                                                                                                                 Analyze Opportunities
                                                                                                                       Programs

                                                                                      3    Design Marketing     6Organize, Implement,
Marketing Program Objectives                                                                  Strategies               and Control




                                                           What are trying
                                                           to accomplish?


                                             THIS IS A PARTIAL PREVIEW
                   You can download the full document at http://PPTLab.com.
                    PPT Lab is a crowdsourced brand
                         Increase market Improve
                                                 presentation design service.
                                                           Improve customer Educate
   Generate sales
                               share                       image               relations                      customers




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1                        4
We have 6 common different types of promotional
                                                                                                                           Develop Marketing
                                                                                               Analyze Opportunities
                                                                                                                                Tactics

                                                                                              2                        5
tools at our disposal                                                                             Determine Target
                                                                                                      Markets
                                                                                                                           Plan Marketing
                                                                                                                        Analyze Opportunities
                                                                                                                              Programs

                                                                                              3   Design Marketing     6Organize, Implement,
Promotional Methods                                                                                  Strategies               and Control




                                     There 6 different promotional methods
                                             THIS IS A PARTIAL PREVIEW
                   You can download the full document at http://PPTLab.com.
                    PPT SALES FORCEScrowdsourced presentation design service. SHOWS AND
                        Lab is a       SALES PROMOTION                     TRADE
        ADVERTISING                                                       PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)    (Internal & External)                                                EXHIBITIONS




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                   30
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Advertising                                                                                      Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Advertising Overview                                                                                Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Advertising is the creation and placement of paid messages to inform potential
                                 THIS IS A PARTIAL PREVIEW
       customers and solicit sales of your product
     • It can be a more long term approach to increasingat http://PPTLab.com.
               You can download the full document sales than direct marketing,
       sales promotion, or is a crowdsourced presentation design service.
                 PPT Lab personal selling
     • One-way communication vs. two-way communication of personal selling
     • It can be effective for wide target markets or narrow niches




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  31
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Sales Forces                                                                                     Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Sales Forces Overview                                                                               Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Utilizing of a sales force is still the primary method for generating leads, closing
       sales, and servicing accounts IS A PARTIAL PREVIEW
                                  THIS
     • Face-to-face can downloadsupplemented and/orat http://PPTLab.com.
              You selling is being the full document being replaced by telemarketing
     • Key issues include:is a crowdsourced presentation design service.
                PPT Lab
         • Sales force training
         • Sales force automation
         • Provision of selling aids and materials
         • Sales force incentives and compensation




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  32
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Sales Promotion                                                                                  Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Sales Promotion Overview                                                                            Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Sales promotions supplement advertising, public relations, and personal selling
                                             THIS IS A PARTIAL PREVIEW
     • External objective: motivate customers to buy
     • Internal You can download the force to sell
                objective: motivate sales full document at http://PPTLab.com.
                      PPT Lab is a crowdsourced presentation design service.
     • Sales promotions include:
         • End consumer examples: banners, aisle displays, samples, calendars, point-of-purchase
           displays, coupons, contests, trade shows, video presentations, etc.
         • Wholesaler examples: price promotions, promotional allowances, displays, gifts, etc.
         • Internal salesperson examples: contests, bonuses, sales aids, trips, merchandise, etc.




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  33
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Public Relations                                                                                 Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Public Relations Overview                                                                           Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Public relations is what you get others to say about you
                                             THIS IS A PARTIAL PREVIEW
     • It involves planting commercially significant news in the media
                You can download the full document at http://PPTLab.com.
     • It is a non-direct message about your company, product, project, or event
                      PPT Lab is a crowdsourced presentation design service.
     • Because it appears written by others, it has great credibility
     • The goal of PR is to positively influence the marketplace about your company or
       products
     • Examples include: sponsoring trade events, speeches, white papers, newsletters,
       press releases




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  34
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Direct Marketing                                                                                 Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Direct Marketing Overview                                                                           Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Direct marketing uses direct mail or email media to generate immediate,
       measurable, trackable results IS A PARTIAL PREVIEW
                               THIS
     • It uses marketing downloadto track responses and results at a customer level
               You can databases the full document at http://PPTLab.com.
     • By using NAICS codesa crowdsourcedallows the placement of service. with
                 PPT Lab is (formerly NIC), it presentation design messages
       highly targeted market segments




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  35
1                        4
Promotional Methods
                                                                                                                          Develop Marketing
                                                                                              Analyze Opportunities
                                                                                                                               Tactics

                                                                                             2                        5
Trade Shows and Exhibitions                                                                      Determine Target
                                                                                                     Markets
                                                                                                                          Plan Marketing
                                                                                                                       Analyze Opportunities
                                                                                                                             Programs

                                                                                             3   Design Marketing     6Organize, Implement,
Trade Shows and Exhibitions Overview                                                                Strategies               and Control




                             SALES FORCES        SALES PROMOTION                                                    TRADE SHOWS AND
        ADVERTISING                                                      PUBLIC RELATIONS   DIRECT MARKETING
                            (Personal Selling)   (Internal & External)                                                 EXHIBITIONS




     • Trades shows and exhibitions are really a subset of trade promotion
                                             THIS IS A PARTIAL PREVIEW
     • Still a significantly large part of marketing budgets and still an effective way to
       reach your target download the full document at http://PPTLab.com.
                 You can audience
               PPT Lab is a crowdsourced presentation design service.
     • Reasons for participation include:
         • Connect with key media players and editors
         • Evaluate competition
         • Talk with customers and prospects
         • Sell products




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                  36
1                        4
From promotional methods, we can construct
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                            2                        5
targeted marketing campaigns                                                                    Determine Target
                                                                                                    Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                            3   Design Marketing     6Organize, Implement,
Marketing Campaign                                                                                 Strategies               and Control




                    PROMOTIONAL METHODS                                                  MARKETING CAMPAIGN


      Now that we understand the various                                       ... We can integrate various promotional
      promotional tools at our disposal…                                       methods into a cohesive campaign.



                           SALES FORCES         THIS IS A PARTIAL PREVIEW
                                                   SALES
         ADVERTISING
                           (Personal Selling)     PROMOTION
                   You can download the full document at http://PPTLab.com.
                                                             CAMPAIGN
                    PPT Lab is a crowdsourced presentation design service.
           PUBLIC             DIRECT             TRADE SHOWS
          RELATIONS          MARKETING          AND EXHIBITIONS




             A campaign is a unified group of marketing programs and promotional messages that
                                          embrace one central idea.


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                 37
1                       4
Sales collateral is created to support the
                                                                                                           Develop Marketing
                                                                               Analyze Opportunities
                                                                                                                Tactics

                                                                               2                       5
marketing campaigns                                                                Determine Target
                                                                                       Markets
                                                                                                           Plan Marketing
                                                                                                        Analyze Opportunities
                                                                                                              Programs

                                                                               3   Design Marketing    6Organize, Implement,
Sales Collateral                                                                      Strategies              and Control




       Sales collateral should be created
       to support the campaign launch and
       execution.                    ……………
                                                     ……………
                                                      ……………
                                                     ……………
                                                      ……………
                                                       ……………
       What is it?
                                             THIS IS A PARTIAL PREVIEWCAMPAIGN
                                                     ……………
                                                      ……………
                                                       ……………
                                                     ……………
                                                      ……………
                                                       ……………
                                                      ……………
                                                       ……………
       Sales collateral is written                     ……………
       material Yourepresents and
                that can download the full document at http://PPTLab.com.
       explains your productis a crowdsourced presentation design service.
                  PPT Lab to potential
       customers




              The big issue here is consistency—all materials should be designed to maintain the
                                              same look and feel.


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                   38
1                        4   Develop Marketing
                                                                                       Analyze Opportunities
                                                                                                                        Tactics

                                                                                      2                        5
We need to define what our marketing budget is                                            Determine Target
                                                                                              Markets
                                                                                                                   Plan Marketing
                                                                                                                Analyze Opportunities
                                                                                                                      Programs

                                                                                      3   Design Marketing     6Organize, Implement,
Marketing Budget                                                                             Strategies               and Control



                                                                               PLAN           ACTUAL               VARIANCE

                                          1
                                                      Expenses                  X                X                    X%



                                          2
        There are 3
                                                     Transaction
      components to a                                                           X                 X                   X%
      marketing budget                                 (Closes)
                                              THIS IS A PARTIAL PREVIEW
                               3
                   You can download the full document at http://PPTLab.com.
                    PPT Lab is a crowdsourced presentation design service.
                                      Revenues            X         X                                                 X%




                                                                                             Each has
                                                                                      3 tracking components




             The marketing budget is more than just advertising expensive—it also includes direct
                       selling, indirect selling, sales promotion, PR, and admin costs.


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                           39
1                       4   Develop Marketing
                                                                               Analyze Opportunities
                                                                                                                Tactics

                                                                               2                       5
We need to define what our marketing budget is                                     Determine Target
                                                                                       Markets
                                                                                                           Plan Marketing
                                                                                                        Analyze Opportunities
                                                                                                              Programs

                                                                               3   Design Marketing    6Organize, Implement,
Ways to Budget                                                                        Strategies              and Control




                       There are 2 common ways to determine the marketing budget:



                                             THIS IS A PARTIAL PREVIEW
                  1
                   You canprograms. Work forward to projected http://PPTLab.com.
                     From download the full document at leads, closes, and
                    PPT Lab is a crowdsourced presentation design service.
                     generated revenues.


                  2
                       From revenues. Work backwards to average transaction values,
                       to closes, to leads, and programs to generate them.




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                   40
1                          4   Develop Marketing
                                                                                                    Analyze Opportunities
                                                                                                                                       Tactics

                                                                                                   2                          5
Building budget is a 4-step process                                                                    Determine Target
                                                                                                           Markets
                                                                                                                                  Plan Marketing
                                                                                                                               Analyze Opportunities
                                                                                                                                     Programs

                                                                                                   3   Design Marketing       6Organize, Implement,
Budgeting Process                                                                                         Strategies                 and Control



                                            • Straightforward mathematical calculation                          • What, how, where, and
                                            • Start with revenue objectives—work backwards                        when?
                                            • Based on inquiry to lead conversion rates                         • Expenses associated?
                                            • General B-to-B formula                                            • Revenues associated?
                                            • Lead, Prospects, Hot Prospects, Closes


    1                                   2                               3                                  4
      Calculation Transaction                  Calculate Lead                  Determine Lead
               Value                           THIS IS A PARTIAL PREVIEW
                                                Generation        Generation                                       Plan Programs
         and Transactions                       Requirements                         Tactics
                    You can download the full document at http://PPTLab.com.
                     PPT Lab is a crowdsourced presentation design service.
        • Revenue by product/product category, by customer
        • Most complicated
                                                                          • Where are the leads going to come from?
        • Requires rolling up a product mix and then customer
          mix calculation                                                 • Trade shows, outbound telemarketing, sales
                                                                            force, business partners, direct deposit, etc.?
        • Good starting point for developing overall budget,
          especially if programs and offers are not defined               • Existing customers, new customers?



                           Step 3 is the most important in the process—and it is the basis on
                                                which we allocate budget.


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                          41
1                       4
A good marketing plan should minimally contain
                                                                                                           Develop Marketing
                                                                               Analyze Opportunities
                                                                                                                Tactics

                                                                               2                       5
the following components                                                           Determine Target
                                                                                       Markets
                                                                                                           Plan Marketing
                                                                                                        Analyze Opportunities
                                                                                                              Programs

                                                                               3   Design Marketing    6Organize, Implement,
Marketing Plan Components                                                             Strategies              and Control




                Target market and segment strategies

                Who, how many, where…

                The message

                The offering                THIS IS A PARTIAL PREVIEW
                  You can download the full document at http://PPTLab.com.
                Segment tactics crowdsourced presentation design service.
                   PPT Lab is a

                Where, how, when to send the message

                Advertisement vs. PR vs. mail, etc.

                Specific programs

                Budgets, milestones, managers, content, media specifics, etc.

PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                   42
1                        4
The marketing plan contains the following 7
                                                                                                                  Develop Marketing
                                                                                      Analyze Opportunities
                                                                                                                       Tactics

                                                                                     2                        5
sections                                                                                 Determine Target
                                                                                             Markets
                                                                                                                  Plan Marketing
                                                                                                               Analyze Opportunities
                                                                                                                     Programs

                                                                                     3   Design Marketing     6Organize, Implement,
Marketing Plan Outline                                                                      Strategies               and Control




                                                       Executive Summary


                                                       SWOT analysis and Marketing Objectives


                                                       Target Market Identification/Analysis
              MARKETING      THIS IS A PARTIAL PREVIEW
                PLAN
                You can download the full document at http://PPTLab.com.
                                        Marketing Plans (Strategies, Tactics, Programs)
                      PPT Lab is a crowdsourced presentation design service.

                                                       Financials (Expense Budget, Lead Generation, Sales
                                                        Forecast)


                                                       Organizational Plan


                                                       Critical Issues


PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                          43
1                        4
Marketing Plan
                                                                                                                     Develop Marketing
                                                                                         Analyze Opportunities
                                                                                                                          Tactics

                                                                                        2                        5
Executive Summary                                                                           Determine Target
                                                                                                Markets
                                                                                                                     Plan Marketing
                                                                                                                  Analyze Opportunities
                                                                                                                        Programs

                                                                                        3   Design Marketing     6Organize, Implement,
Executive Summary Overview                                                                     Strategies               and Control




                                       Executive Summary             • Summarize marketing strategy

                                       SWOT Analysis and
                                                                      • Include highlights of expense budget; and
                                        Marketing Objectives            lead and sales forecasts
                                       Target Market                 • State quantifiable and measurable marketing
      MARKETING                         Identification/Analysis         objectives
        PLAN
                                            THIS IS A PARTIAL PREVIEW
                                        Marketing Plans

                   You can download the full document at http://PPTLab.com.
                    PPT Lab isFinancials
                                a crowdsourced presentation design service.
                                       Organizational Plan


                                       Critical Issues




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                             44
1                         4
Marketing Plan
                                                                                                                         Develop Marketing
                                                                                             Analyze Opportunities
                                                                                                                              Tactics

                                                                                           2                         5
Target Market Identification/Analysis                                                          Determine Target
                                                                                                   Markets
                                                                                                                         Plan Marketing
                                                                                                                      Analyze Opportunities
                                                                                                                            Programs

                                                                                           3   Design Marketing      6Organize, Implement,
Target Market Identification/Analysis Overviews                                                   Strategies                and Control




                                       Executive Summary             • Summary

                                       SWOT Analysis and
                                                                      • Market definition and segmentation
                                        Marketing Objectives
                                                                      • Segment strategy
                                       Target Market                 • Segment analysis:
      MARKETING                         Identification/Analysis
        PLAN                                                              • Demographics
                                            THIS IS A PARTIAL PREVIEW
                                        Marketing Plans      • Needs and requirements
                   You can download the full document at http://PPTLab.com.
                                                 • Distribution channels
                    PPT Lab isFinancials
                                a crowdsourced presentation forces
                                                 • Competitive design service.

                                       Organizational Plan
                                                                          • Communications
                                                                      • Keys to success
                                       Critical Issues




PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service                                                                 45
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework
Marketing Plan Development Framework

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Marketing Plan Development Framework

  • 1. Crowdsourced Business Presentation Design Service Market Plan Development Learn the Marketing Management Process A marketing plan is a comprehensive blueprint, outlining an organization’s overall marketing efforts. This document is a guide to developing a comprehensive marketing plan. Topics includes: Marketing Management Process, Market Segmentation, Market Analysis, Marketing Programs, Campaigns, Promotional Methods, Budgeting, and Marketing Plan PowerPoint Templates. March 24, 2013 ORIGINAL PROJECT DETAILS http://pptlab.com/ppt/Marketing-Plan-Template-24
  • 2. PPT Lab (www.pptlab.com) is the only crowdsourced presentation design service. Get consulting-quality presentations at a fraction of the cost! www.PPTLab.com support@pptlab.com Each month, we will create well over 50 slides of for our members. As a member, you will drive what business slides we create by submitting your own presentation projects to our team. All presentations will be created by a team of management consultants and follow the Consulting Presentation Framework. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 2
  • 3. Contents  Executive Summary 4  Marketing Management Process 10  Conclusion 52  Templates 56 PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 3
  • 4. Contents  Executive Summary  Marketing Management Process  Conclusion  Templates PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 4
  • 5. A marketing plan is a comprehensive blueprint, outlining an organization’s overall marketing efforts Executive Summary A marketing plan is a comprehensive blueprint, outlining an organization’s overall marketing efforts. It can be a part of the company’s business plan. A solid marketing strategy is the foundation of a well- written marketing plan. While a marketing plan contains a list of actions, a marketing plan without a sound strategic foundation is of little use. This document is a guide to developing a comprehensive marketing plan. It touches on the following topics: • Goals and Benefits •Marketing Campaigns • Marketing Management Process •Budgeting • Market Segmentation •Implementation • Target Markets •Marketing Plan Pyramid • Market Analysis •PowerPoint Templates • Strategy and Tactics • Marketing Programs • Promotional Methods PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 5
  • 6. Marketing includes the processes of communicating the value of and moving of a product to customers What Is Marketing Marketing is the sum of all activities involved in the chain of moving  products from the producer to end-consumer Marketing includes market research, product strategy, positioning strategy,  pricing, packaging, distribution, promotion, sales, etc. THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. The purpose of market research is to find out who wants or needs your  PPT Lab is a crowdsourced presentation design service. product and under what conditions they will buy it Marketing strategy can then be formulated to (after conducting proper  market research) meet the needs of the target market PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 6
  • 7. A good marketing plan will achieve all the following goals Marketing Plan Goals (1 of 2)  Evaluates firm mission and vision for relevance/currency  Checks firm strengths and weaknesses  Checks environmental opportunities and threats THIS IS A PARTIAL PREVIEW  Focuses on strategic target markets and their http://PPTLab.com. You can download the full document at underlying needs PPT Lab is a crowdsourced presentation design service.  Sets sales and marketing objectives for chosen segments  Defines strategies, tactics, and programs  Sets sales and expense budgets PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 7
  • 8. Marketing Plan Goals (2 of 2)  Assigns marketing functions, responsibilities, and timelines THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 8
  • 9. A marketing plan provides a foundation for an organization as it enters a competitive market—and facilitates numerous strategic goals Marketing Plan Benefits A marketing plan… It facilitates the execution of…  Provides a stable base from which your  Increase sales from existing customers company can enter the competitive market  Provides organization and coordination of  Acquisition of new customers various activities for marketing programs to work THIS IS A PARTIAL PREVIEW  Discovering new marketing opportunities  Facilitates company wide buy-in, participation, and support can download the full document at http://PPTLab.com. You PPT Lab is a crowdsourced presentation design service.  Adding new strategic partners  Serves as a benchmark for establishing concrete objectives, strategies, and tactics  Adding new sales channels  Acts as a record for learning  Minimizes surprises  Tells everyone where you are going and prevents second guessing and confusion in the company PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 9
  • 10. Contents  Executive Summary  Marketing Management Process  Conclusion  Templates PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 10
  • 11. The marketing management process follows a 6 step process, starting with the analysis and identification of target markets… Marketing Management Process (1 of 2) 1 • Determine the marketing mix (product, pricing, placement, promotion) Analyze Opportunities • Conduct a SWOT analysis on your firm (firm’s internal strengths and weaknesses, internal and external environmental factors • Analyze the industry (where is the industry headed?) 2 • Successful marketing plans begin with market focus Determine Target Markets • Consider many segments, but only select primary target markets based on both attractiveness and fit • THIS ISThe PARTIAL PREVIEWneed and product offering A target market defines the market 3 You can download the Your marketing strategy should include: • full document at http://PPTLab.com. • Target PPT Lab is a crowdsourcedmarket Design Marketing Strategies • presentation design service. Target market’s needs • Target market offerings 4 • Tactics should address the questions: Develop Marketing Tactics • What are you going to offer the target market? • What and how are you going to tell the target market about this offer? • How are you going to distribute this offer to the targets? • What will be your pricing strategy? PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 11
  • 12. … to the implementation of designed marketing programs Marketing Management Process (2 of 2) 5 • Marketing programs provide the specifics of implementation Plan Marketing Programs Analyze Opportunities 6 • The goal of planning is successful implementation Organize, Implement, and Control • The key to implementation is proper management • To measure the success of a marketing plan, we need to be able to control and track the activities and results of those activities THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 12
  • 13. 1 4 Develop Marketing Analyze Opportunities Tactics 2 5 There are countless ways to segment a market Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Market Segmentation Strategies and Control You can segment by Consumer Markets Age: under 18, 18-24, 25-34, etc. Gender: males, females Income: under $25K, $25-49K, $50K-100K, etc. Ethnicity: Caucasian, African, Hispanic, Asian, etc. Purchase history: triers, non-triers, heavy vs. light, etc. You can segment by Industrial Markets THIS IS A PARTIAL PREVIEW pads, etc. Product: PCs, laptops, Industry: Retail, construction, manufacturing, etc. You can download the full document at http://PPTLab.com. Applications: Financial, CAD/CAM, etc. PPT Lab is a crowdsourced presentation LATAM, EMEA, etc. Geography: US, design service. Combinations of the above You can segment by Horizontal Markets You can segment by Vertical Markets In many cases, best way to segment a market is actually by customer need. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 13
  • 14. 1 4 There are many important questions to ask when Develop Marketing Analyze Opportunities Tactics 2 5 determining target markets Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Market Targeting Key Questions Strategies and Control  Who are the target markets?  Where are they?  Do they have sufficient size? THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com.  What doLab is a crowdsourced presentation design service. PPT they need?  How do they buy?  Can you reach them with your marketing and sales messages? PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 14
  • 15. 1 4 There are 7 key components to conducting Develop Marketing Analyze Opportunities Tactics 2 5 thorough market analysis Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Market Analysis Strategies and Control Market Analysis includes 7 key components: THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. MARKET PPT Lab is a crowdsourced presentation design service. COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 15
  • 16. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Market Segment Definition Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Market Segment Definition Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • Define the name of the segment THIS IS A PARTIAL PREVIEW • Define the universe of potential buyers—market potential You can download the full document at http://PPTLab.com. • Define growth forecast for total potential customers in the segment PPT Lab is a crowdsourced presentation design service. • Define the average transaction value of sale and/or average sales per year PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 16
  • 17. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Company Analysis Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Company Analysis Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • What are your strengths? THIS IS A PARTIAL PREVIEW • What are your weaknesses? You can download the full document at http://PPTLab.com. • What your company’s objectives as they relate to this target market? PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 17
  • 18. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Needs and Requirements Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Needs and Requirements Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • Why does the target market need your product or service? THIS IS A PARTIAL PREVIEW • What is going to make them buy? You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 18
  • 19. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Distribution Channels Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Distribution Channels Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • Where do the customers go to fill their needs and requirements? THIS IS A PARTIAL PREVIEW • What is the channel of distribution for this customer segment? • How are theycan download the segments? You different than other full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 19
  • 20. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Competitive Forces Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Competitive Forces Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • What is the buying process for these customers? THIS IS A PARTIAL PREVIEW • What are the key decision factors that them choose one vendor over another? • Is it price, service, support,the full document etc.? You can download availability, quality, at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 20
  • 21. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Communications Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Communications Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • Where do members of this segment go for information? THIS IS A PARTIAL PREVIEW • Where do you send messages so that the right customers will find them? • How doYou create those messages so that they will generate the right response? you can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. • What kinds of information will be most effective? PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 21
  • 22. 1 4 Market Analysis Develop Marketing Analyze Opportunities Tactics 2 5 Keys to Success Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Keys to Success Overview Strategies and Control MARKET COMPANY NEEDS AND DISTRIBUTION COMPETITIVE COMMUNI- KEYS TO SEGMENT ANALYSIS REQUIREMENTS CHANNELS FORCES CATIONS SUCCESS DEFINITION • Is price more important than features? THIS IS A PARTIAL PREVIEW • Is ease of installation most important? • Is ease of conversion and time of full document at http://PPTLab.com. You can download the conversion most important? PPT Lab is a crowdsourced presentation design service. • Is ease of use and learning more important? • Etc. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 22
  • 23. 1 4 The marketing strategy will determine and drive Develop Marketing Analyze Opportunities Tactics 2 5 one or more marketing tactics Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Strategies vs. Tactics Strategies and Control Marketing Strategy vs Marketing Tactic Theoretical Operational General An Execution Descriptive vs Prescriptive Broad Detailed Set of Guidelines THIS IS A PARTIAL PREVIEW Implementation You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. A marketing strategy is a statement describing the A marketing tactic sets the offer, the marketing method of how a marketing objective will be vs message and the way it should be transmitted achieved EXAMPLE • We will grow sales by 5% by expanding the field sales force • We will focus on selling ProductX to existing company from 20 to 25 accounts by having field sales reps offer free installation during the 3 month introductory period PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 23
  • 24. 1 4 There are many important questions to ask when Develop Marketing Analyze Opportunities Tactics 2 5 determining how to position the product Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Positioning Key Questions Strategies and Control  What kind of product is it?  For whom is the product designed?  What is the single most important benefit it offers? THIS IS A PARTIAL PREVIEW  What is its download the full document at http://PPTLab.com. You can more important competitor? PPT Lab is a crowdsourced presentation design service.  How is it different from that competitor?  What is the customer benefit of that difference? Strategies begin with market focus—and positioning is critical part of market focus. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 24
  • 25. 1 4 We need to produce a statement describing the Develop Marketing Analyze Opportunities Tactics 2 5 method of how an objective is to be achieved Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Developing the Strategic Statement / Marketing Objective Strategies and Control THINGS TO KEEP IN MIND KEY QUESTIONS  Focus on selected target markets—not all  What is the marketing message? targets  How do you send that message to your  Selected product offerings that appeal to target market? target market needs  Where are they, what do they read, watch  Play to your company strengths—not or listen to and how do they respond? weaknesses THIS IS A PARTIAL How do you convert your leads to sales?  PREVIEW  Strategies that aren’t focused won’t work You can download the full document at http://PPTLab.com.  How and where do you buy?  Having tooPPT Lab is a crowdsourced presentation design service. many target markets is just as bad as having none Align your marketing message with your target’s needs. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 25
  • 26. 1 4 This is an example of the marketing objective, Develop Marketing Analyze Opportunities Tactics 2 5 along with the strategy and tactics it drives Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Example of Objective, Strategy, Tactics Strategies and Control OBJECTIVE: Increase revenues by 15%. STRATEGY TACTICS  Positioning XYZ as the leading provider of PARTIAL Broaden product/service line matrix to THIS IS A  PREVIEW information technology solutions for the include ERP solutions for manufacturers in discrete and process download the full document $10-15 MM revenue range You can manufacturing sectors the at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. solutions  Develop PC-based manufacturing for small manufacturers PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 26
  • 27. 1 4 With marketing tactics defined, we need to Develop Marketing Analyze Opportunities Tactics 2 5 implement them—with programs Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Program – Overview Strategies and Control What is a marketing program? THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT Lab ismarketing program is presentation design service. A a crowdsourced A marketing program an activity with well- A marketing program A marketing program generally has a concrete defined responsibilities, generally has budgeted implements tactics and measurable outcome deadlines, and expenses tied to it in sales units and value measurable results PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 27
  • 28. 1 4 We need what factors influence the marketing Develop Marketing Analyze Opportunities Tactics 2 5 communication mix Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Key Factors and Constraints Strategies and Control What are the key factors influencing direction and promotional mix? THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT Lab is atarget market What are you trying to The crowdsourced presentation design service. competition What is the The marketing budget accomplish? analysis doing? Product? Media cost? Timing? PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 28
  • 29. 1 4 Make sure we understand what we are trying to Develop Marketing Analyze Opportunities Tactics 2 5 accomplish Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Program Objectives Strategies and Control What are trying to accomplish? THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced brand Increase market Improve presentation design service. Improve customer Educate Generate sales share image relations customers PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 29
  • 30. 1 4 We have 6 common different types of promotional Develop Marketing Analyze Opportunities Tactics 2 5 tools at our disposal Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Promotional Methods Strategies and Control There 6 different promotional methods THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com. PPT SALES FORCEScrowdsourced presentation design service. SHOWS AND Lab is a SALES PROMOTION TRADE ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 30
  • 31. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Advertising Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Advertising Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Advertising is the creation and placement of paid messages to inform potential THIS IS A PARTIAL PREVIEW customers and solicit sales of your product • It can be a more long term approach to increasingat http://PPTLab.com. You can download the full document sales than direct marketing, sales promotion, or is a crowdsourced presentation design service. PPT Lab personal selling • One-way communication vs. two-way communication of personal selling • It can be effective for wide target markets or narrow niches PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 31
  • 32. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Sales Forces Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Sales Forces Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Utilizing of a sales force is still the primary method for generating leads, closing sales, and servicing accounts IS A PARTIAL PREVIEW THIS • Face-to-face can downloadsupplemented and/orat http://PPTLab.com. You selling is being the full document being replaced by telemarketing • Key issues include:is a crowdsourced presentation design service. PPT Lab • Sales force training • Sales force automation • Provision of selling aids and materials • Sales force incentives and compensation PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 32
  • 33. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Sales Promotion Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Sales Promotion Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Sales promotions supplement advertising, public relations, and personal selling THIS IS A PARTIAL PREVIEW • External objective: motivate customers to buy • Internal You can download the force to sell objective: motivate sales full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. • Sales promotions include: • End consumer examples: banners, aisle displays, samples, calendars, point-of-purchase displays, coupons, contests, trade shows, video presentations, etc. • Wholesaler examples: price promotions, promotional allowances, displays, gifts, etc. • Internal salesperson examples: contests, bonuses, sales aids, trips, merchandise, etc. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 33
  • 34. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Public Relations Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Public Relations Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Public relations is what you get others to say about you THIS IS A PARTIAL PREVIEW • It involves planting commercially significant news in the media You can download the full document at http://PPTLab.com. • It is a non-direct message about your company, product, project, or event PPT Lab is a crowdsourced presentation design service. • Because it appears written by others, it has great credibility • The goal of PR is to positively influence the marketplace about your company or products • Examples include: sponsoring trade events, speeches, white papers, newsletters, press releases PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 34
  • 35. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Direct Marketing Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Direct Marketing Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Direct marketing uses direct mail or email media to generate immediate, measurable, trackable results IS A PARTIAL PREVIEW THIS • It uses marketing downloadto track responses and results at a customer level You can databases the full document at http://PPTLab.com. • By using NAICS codesa crowdsourcedallows the placement of service. with PPT Lab is (formerly NIC), it presentation design messages highly targeted market segments PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 35
  • 36. 1 4 Promotional Methods Develop Marketing Analyze Opportunities Tactics 2 5 Trade Shows and Exhibitions Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Trade Shows and Exhibitions Overview Strategies and Control SALES FORCES SALES PROMOTION TRADE SHOWS AND ADVERTISING PUBLIC RELATIONS DIRECT MARKETING (Personal Selling) (Internal & External) EXHIBITIONS • Trades shows and exhibitions are really a subset of trade promotion THIS IS A PARTIAL PREVIEW • Still a significantly large part of marketing budgets and still an effective way to reach your target download the full document at http://PPTLab.com. You can audience PPT Lab is a crowdsourced presentation design service. • Reasons for participation include: • Connect with key media players and editors • Evaluate competition • Talk with customers and prospects • Sell products PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 36
  • 37. 1 4 From promotional methods, we can construct Develop Marketing Analyze Opportunities Tactics 2 5 targeted marketing campaigns Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Campaign Strategies and Control PROMOTIONAL METHODS MARKETING CAMPAIGN Now that we understand the various ... We can integrate various promotional promotional tools at our disposal… methods into a cohesive campaign. SALES FORCES THIS IS A PARTIAL PREVIEW SALES ADVERTISING (Personal Selling) PROMOTION You can download the full document at http://PPTLab.com. CAMPAIGN PPT Lab is a crowdsourced presentation design service. PUBLIC DIRECT TRADE SHOWS RELATIONS MARKETING AND EXHIBITIONS A campaign is a unified group of marketing programs and promotional messages that embrace one central idea. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 37
  • 38. 1 4 Sales collateral is created to support the Develop Marketing Analyze Opportunities Tactics 2 5 marketing campaigns Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Sales Collateral Strategies and Control Sales collateral should be created to support the campaign launch and execution. …………… …………… …………… …………… …………… …………… What is it? THIS IS A PARTIAL PREVIEWCAMPAIGN …………… …………… …………… …………… …………… …………… …………… …………… Sales collateral is written …………… material Yourepresents and that can download the full document at http://PPTLab.com. explains your productis a crowdsourced presentation design service. PPT Lab to potential customers The big issue here is consistency—all materials should be designed to maintain the same look and feel. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 38
  • 39. 1 4 Develop Marketing Analyze Opportunities Tactics 2 5 We need to define what our marketing budget is Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Budget Strategies and Control PLAN ACTUAL VARIANCE 1 Expenses X X X% 2 There are 3 Transaction components to a X X X% marketing budget (Closes) THIS IS A PARTIAL PREVIEW 3 You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. Revenues X X X% Each has 3 tracking components The marketing budget is more than just advertising expensive—it also includes direct selling, indirect selling, sales promotion, PR, and admin costs. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 39
  • 40. 1 4 Develop Marketing Analyze Opportunities Tactics 2 5 We need to define what our marketing budget is Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Ways to Budget Strategies and Control There are 2 common ways to determine the marketing budget: THIS IS A PARTIAL PREVIEW 1 You canprograms. Work forward to projected http://PPTLab.com. From download the full document at leads, closes, and PPT Lab is a crowdsourced presentation design service. generated revenues. 2 From revenues. Work backwards to average transaction values, to closes, to leads, and programs to generate them. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 40
  • 41. 1 4 Develop Marketing Analyze Opportunities Tactics 2 5 Building budget is a 4-step process Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Budgeting Process Strategies and Control • Straightforward mathematical calculation • What, how, where, and • Start with revenue objectives—work backwards when? • Based on inquiry to lead conversion rates • Expenses associated? • General B-to-B formula • Revenues associated? • Lead, Prospects, Hot Prospects, Closes 1 2 3 4 Calculation Transaction Calculate Lead Determine Lead Value THIS IS A PARTIAL PREVIEW Generation Generation Plan Programs and Transactions Requirements Tactics You can download the full document at http://PPTLab.com. PPT Lab is a crowdsourced presentation design service. • Revenue by product/product category, by customer • Most complicated • Where are the leads going to come from? • Requires rolling up a product mix and then customer mix calculation • Trade shows, outbound telemarketing, sales force, business partners, direct deposit, etc.? • Good starting point for developing overall budget, especially if programs and offers are not defined • Existing customers, new customers? Step 3 is the most important in the process—and it is the basis on which we allocate budget. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 41
  • 42. 1 4 A good marketing plan should minimally contain Develop Marketing Analyze Opportunities Tactics 2 5 the following components Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Plan Components Strategies and Control  Target market and segment strategies  Who, how many, where…  The message  The offering THIS IS A PARTIAL PREVIEW You can download the full document at http://PPTLab.com.  Segment tactics crowdsourced presentation design service. PPT Lab is a  Where, how, when to send the message  Advertisement vs. PR vs. mail, etc.  Specific programs  Budgets, milestones, managers, content, media specifics, etc. PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 42
  • 43. 1 4 The marketing plan contains the following 7 Develop Marketing Analyze Opportunities Tactics 2 5 sections Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Marketing Plan Outline Strategies and Control  Executive Summary  SWOT analysis and Marketing Objectives  Target Market Identification/Analysis MARKETING THIS IS A PARTIAL PREVIEW PLAN You can download the full document at http://PPTLab.com.  Marketing Plans (Strategies, Tactics, Programs) PPT Lab is a crowdsourced presentation design service.  Financials (Expense Budget, Lead Generation, Sales Forecast)  Organizational Plan  Critical Issues PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 43
  • 44. 1 4 Marketing Plan Develop Marketing Analyze Opportunities Tactics 2 5 Executive Summary Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Executive Summary Overview Strategies and Control  Executive Summary • Summarize marketing strategy  SWOT Analysis and • Include highlights of expense budget; and Marketing Objectives lead and sales forecasts  Target Market • State quantifiable and measurable marketing MARKETING Identification/Analysis objectives PLAN  THIS IS A PARTIAL PREVIEW Marketing Plans You can download the full document at http://PPTLab.com. PPT Lab isFinancials a crowdsourced presentation design service.  Organizational Plan  Critical Issues PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 44
  • 45. 1 4 Marketing Plan Develop Marketing Analyze Opportunities Tactics 2 5 Target Market Identification/Analysis Determine Target Markets Plan Marketing Analyze Opportunities Programs 3 Design Marketing 6Organize, Implement, Target Market Identification/Analysis Overviews Strategies and Control  Executive Summary • Summary  SWOT Analysis and • Market definition and segmentation Marketing Objectives • Segment strategy  Target Market • Segment analysis: MARKETING Identification/Analysis PLAN • Demographics  THIS IS A PARTIAL PREVIEW Marketing Plans • Needs and requirements You can download the full document at http://PPTLab.com. • Distribution channels PPT Lab isFinancials a crowdsourced presentation forces • Competitive design service.  Organizational Plan • Communications • Keys to success  Critical Issues PPT Lab (www.PPTLab.com) – Crowdsourced Business Presentation Design Service 45