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Strategic

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Where do you want to go? How will you get there? Where Are You Now? ... Where do you want to go? What Is The Most Efficient Route? ... – PowerPoint PPT presentation

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Title: Strategic


1
Strategic Marketing Planning How Do We Get
There From Here?
2
If You Can Plan a Trip, You Can Plan A Marketing
Strategy
  • Where are you now on the map?
  • Where do you want to go?
  • How will you get there?

3
Where Are You Now?
  • Where are you now on the map?
  • Point of departure
  • Traveling alone or with others?
  • Mode of transportation?
  • Things to do before leaving
  • Etc., etc.

4
Where do you want to go?
  • Why do you want to go there?
  • Business? Personal? Beach? Shopping?
  • How will it look when you arrive?
  • Big buildings? A river? Expressways?
  • What are your expectations ?
  • Productive? Fun? Exciting? Relaxing?

5
You know where you are and where you are going
now you must select them best route
  • Fastest route?
  • Shortest route?
  • Most scenic
  • route?
  • Best route to
  • the beaches?

6
You Will Probably Choose the Most EfficientRoute
  • Highest average
  • speed
  • Fewest delays
  • Least traffic

7
Landmarks along the way keep you on course
8
You anticipate Potential Hazards!
Be Prepared For Detours, But Avoid Side Roads
9
Signs along the way should indicate progress
toward your destination
10
Not away from it!
11
And with proper planning and attention to detail,
you arrive successfully!
12
How Does The JourneyLook In Marketing Terms?
13
Where are you now?(Situation Analysis)
  • Do you have a business model for managing
    operations?
  • What products do you offer?
  • Target audiences (who buys, or might buy them?)
  • Buying motives/influences (why do they purchase
    your products and what influences their
    decision?)
  • Channels of distribution (how is the product
    delivered?)
  • Competition (who else offers the same or similar
    products, and what are their strengths and
    weaknesses?)
  • Trends (what trends could effect your marketing
    positively and negatively?)

14
Where do you want to go?
  • Why do you want to go there?
  • Growth? Revenue? Enrollment? Funding?
  • How will it look when you arrive?
  • More students? New audiences? New curricula?
  • What are your expectations?
  • Profitability? Leadership? Recognition?

15
What Is The Most Efficient Route?
  • Best use of capital and staff resources
  • Fewest potential roadblocks to success
  • Manageable risk levels

16
Planning Your Route(Where The Rubber Meets The
Road)
  • Sales Strategy
  • Communications Strategy
  • Budget
  • Progress Assessments

17
Sales Strategy
  • Pricing
  • Staffing Support
  • Training
  • Sales pitches
  • Channels of distribution

18
Communications Strategy
  • Advertising
  • Public Relations
  • Support materials
  • Trade shows, conventions

19
Budget
20
Progress AssessmentsHow Will You KnowIf You
Are StayingOn Course?
21
Identify your landmarksbefore starting your trip
  • Identify short-term ways to measure your progress
  • Mark them on the calendar
  • Be diligent the most common failure of
    strategic plans is getting off track

22
Things To Remember
  • Strategize everything and check often to make
    sure everything is still on-strategy.
  • Know your audience, your market, your competition
    and the trends that could effect you. Do the
    research and keep it current.
  • Know your route and keep your eyes on the road.
    Side roads are almost always dead ends.
  • Dont worry be happy! (Having a strategy in
    place takes a lot of the pressure off)

23
Stay On TrackAnd You Will ArriveSuccessfully!A
nd you shouldalready have a strategy in place
for your next destination!
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