marketing marketing framework
TRANSCRIPT
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8/13/2019 Marketing Marketing Framework
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AIMEE HUFF MARKETING MANAGEMENT BROAD STRATEGY FOR MARKETING CASE/REPORTS
Establish CONTEXT
ANALYSIS:Whats going on?
EVALUATION of theCompany/Product:What decisions has
the company made inthe past, and how is it
working out?
DECISIONS &PLANNING:
What should the
company do now?
Role, year Desired goals/outcomes Issues facing decision maker; strategic
and tactical decisions Critical problem Alternatives under consideration
Industry; including key data points (eg,growth rate, size, margins, etc.)
PEST Competitors; direct and indirect, key
competitors, trends, etc. Customers
Segmentation: how and why Target market; characteristics,
buying behaviour, decision process Other trends, etc.
Channels; trends, behaviour, motivation, etc. Company: high level: history, performance
Positioning Value proposition, target market,
competitive differentiation, andbrand
Identification of merits and
shortcomings Tactics Key tension points or problems Alternatives
Clear identification of your decision(s) Justify in light of issues, problem, goals Positioning & tactical recommendations Evaluation plan/metrics Quantitative assessment/forecasting Contingency plan, time line, action plan
Provide qualitative and quantitativeanalysis whenever possible
Provide implications for each section;what does this mean in light of theissues/problem?
Use concepts, theories, tools whenappropriate (eg, Ansoffs matrix,perceptual maps, etc)
APPLICATION OFFRAMEWORK
KEY ELEMENTS TODISCUSS
Provide qualitative and quantitativeevaluation whenever possible
Provide implications for each section;what does this mean in light of theissues/problem?
Use concepts, theories, tools whenappropriate
Focus on the elements most closelyconnected to the issues/problem
Be explicit; avoid management speak Decision(s) should be logical, and be
consistent with the preceding analysisand evaluation
Provide strong arguments that this isa reasonable solution to the issue/problem
GOALS
Identify the decision-makers goals Identify the issues and the root of the
problem
SUGGESTIONSFOR CASE/EXAM
Leave enough time to do thissection well
Creative recommendationsare desirable, but they needto be realistic, address the
problem(s), and achieve thegoal(s)
Discuss each element clearlyand explicitly
Give your opinion; how arethey doing, given theproblem in the case?
Focus your time on theimportant areas
If there are two or moredistinct phases in companystrategy, discuss themseparately
Move beyond re-statingcase facts; draw out the keyimplications from eachsection
Stay in the year of the case Use consistent terms (We
or they)