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MARKETING
PLANNING AND
STRATEGY FOR
SUSTAINABILITY
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Marketing approach to creating value
Topic Outline
•Marketing Planning
•Internal and External Environment
•Marketing Strategy
•Marketing Tools- The Marketing Mix
•Case study- Commonwealth Bank of Australia
(CBA)
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Marketing as a Process
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Internal Environment
- all the controllable elements inside a
company that influence how well it ope rates
- Strengths and Weaknesses
- Technologies, physical facilities, financial
stability, corporate reputation, quality
products, employees and strong brands
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External Environment
- Elements outside the firm that may affect it
either positively or negatively
- Opportunities and threats
- SLEPT –Social, Legal, Economic, Political,
Technology and Competition
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Macro environment
Demographic Environment
Demography: the study of human populations-- size,
density, location, age, gender, race, occupation, and
other statistics
• Demographic environment: involves people, and
people make up markets
• Demographic trends: shifts in age, family structure,
geographic population, educational characteristics, and
population diversity
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Macroenvironment
Economic Environment
Economic environment consists of factors that
affect consumer purchasing power and
spending patterns
•Industrial economies are richer markets
•Subsistence economies consume most of
their own agriculture and industrial output
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Macroenvironment
Natural Environment
Natural environment: natural resources that are
needed as inputs by marketers or that are affected
by marketing activities
• Trends
• Increased shortages of raw materials
• Increased pollution
• Increased government intervention
• Increased environmentally sustainable strategies
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Macroenvironment
Natural Environment
GE is using its “ecoimagination” to create products for a better
world—cleaner aircraft engines, cleaner locomotives, cleaner
fuel technologies.
http://www.ge.com/about-us/ecomagination
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Macroenvironment
Technological Environment
Most dramatic force in changing the
marketplace
New products, opportunities
Concern for the safety of new products
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Macroenvironment
Political and legal Environment
laws, government agencies, and pressure groups
that influence or limit various organizations and
individuals in a given society
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Macroenvironment
Social-cultural Environment
Increased emphasis on ethics
Socially responsible behavior
Cause-related marketing
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SWOT
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10 minutes task
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Planning Marketing
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Planning Marketing
Partnering to Build Customer Relationships
Value delivery network is made up of the
company, suppliers, distributors, and ultimately
customers who partner with each other to
improve performance of the entire system
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Understanding the consumer
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Factors Influencing Consumer Behavior
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The Buyer Decision Process
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Marketing Strategy and the
Marketing Mix
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Marketing Strategy
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MARKET SEGMENTATION
P&G
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Strategies for Reaching Target Markets
Undifferentiated
Marketing
Differentiated
Marketing
Concentrated
Marketing
Undifferentiated marketing:
• when a firm produces only one product or product
line and promotes it to all customers with a
single marketing mix
• Sometimes called mass marketing
• Much more common in the past
Differentiated marketing:
• when a firm produces numerous products and
promotes them with a different marketing mix
designed to satisfy smaller segments
• Tends to raise costs
• Firms may be forced to practice differentiated
marketing to remain competitive
http://www.kelloggs.com.au/en_AU/product-
search.pt-Cereal*.html
8-30
Concentrated Targeting Strategy
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Positioning
•Positioning:
•The place the product occupies in
consumers’ minds relative to competing
products.
•Typically defined by consumers on the
basis of important attributes.
Positioning
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Re-Positioning
• http://www.youtube.com/watch?v=L33Yn-xqmPQ
• http://www.youtube.com/watch?v=tnvj4wWrNdU
Porsche is
positioned on
the basis of
performance
and freedom.
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The Marketing Mix
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Developing an Integrated Marketing
Mix
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Case study
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