Learning Objectives
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Understand the link between business planning and marketing
strategies
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Learn how to extrapolate key strategic information from research
analysis
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Assess competitive situations and identify opportunities
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Provide a structured framework to marketing strategy formulation
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Pick up tools and techniques relevant to your job and devise
results-oriented strategies
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Gain competence to take the right course of action and achieve the
results within your own competitive environment
Customer-Focused Marketing
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Understanding your customer’s true needs
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Building long term relationships
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Cultivating their preference for your products and services
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Example of world-wide best marketing practices
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Marketing as a culture; tools and processes
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The characteristics of a market-oriented organization
Market Segmentation
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Strategies for identifying what drives segmentation within any
market
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Segmentation: the key to marketing strategy
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Studying segmentation in action
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The process of segmentation
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Criteria for evaluating a segment’s attractiveness
Product and Services Positioning
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Strategies and techniques for identifying product and service
attributes
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Positioning your offer for maximum appeal
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·Physical
and perceptual positioning
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Hierarchy of key dimensions
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Key dimensions on purchase decisions
Portfolio Strategy
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Ways to develop tools to allocate resources
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Learning how focus and selectivity are essential for success
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Allocation
of marketing resources
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Standard portfolio models
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Customized portfolio analysis
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Competitive advantage
Competitive Analysis
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Understanding your competitors’ strategies, strengths and weaknesses
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Anticipating and developing effective moves to neutralize their
tactics
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From management to strategy
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Military and business strategy
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The four levels of strategy
The Marketing Decision-Making Process
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Methods for developing a marketing plan that supports your company’s
overall business strategy
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Integrating each element of the marketing mix into the marketing
plan
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Problem identification
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Internal/external analysis
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Strategy formulation
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Implementation and control
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