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Unit 14: Marketing Planning
Management
functions
Planning
Organising
Leading
Control
Ch 1, 3 & 12
Ch 4Ch 6, 7 & 13
Ch 9Ch 10 &
11
Ch 8
Ch 2
Ch 5
Ch 14 & 15
Chapter 2 (Environment –PAST)Chapter 5 (Research)Chapter 15 (Metrics)
Step 1: Historical Evaluation
Page 7
Chapter 2
Step 2: Environmental Analysis
SWOT ANALYSIS
+POSITIVE
Helpful to achieving the objectives
-NEGATIVE
Harmful to achieving the
objectivesMICRO-ENVIRONMENTInternal (controllable)
Attributes of the organization
STRENGTHS (to build on)
WEAKNESSES (to
overcome)MACRO-ENVIRONMENT
External (uncontrollable)Attributes of the
environment
OPPORTUNITIES (to take
advantage of)
THREATS (to avoid)
Step 3: Assumptions
Step 4: Marketing Goals
Page 8 / 17-22
A high rate of return on investment
An increase in sales
An increase in market
share
Continued growth
Four secondary market and
market objectives pursued:
Step 5: Formulate Strategy
Page 11
Stra
tegi
c co
mpe
titiv
e po
sitio
ns:
Market leader
Market challenger
Market follower
Market specialist (Nicher)
Budget {Planning and Control}Monitoring and Control methodsProvision for contingency plans
Step 6: Rest of the Plan
Page 18-19
Step 7: Reviewing plans
Page 20-22
BCG matrix Market attractiveness-enterprise
model
Planning Models
Measures SBU’s relative largest competitors : • Annual growth rate • Market share
The NIVEA brand now extends to eight product ranges worldwide from suncare to facial moisturisers,
deodorant and shower products. NIVEA’s traditional Body Care, Face Care and Nivea Cream range has
dominated the market share in the industry over the years, but has recently been associated with low growth rates. On the other hand, Nivea’s newer
offerings, including their Shower Care, Men’s Care and Sun Care lines has caught the industry’s attention,
with reports indicating high rates of growth and market share success. The company believes in
continuous innovation and this sparked the introduction of their Deodorants and Nivea Soft lines, which have not yet dominated the market, but market
growth is on the rise.
STARS
PROBLEM CHILD
CASH COWS
DOGS
{Market SHARE}
{Mar
ket
GRO
WTH
}
High
Low
High Low
NIVEA’s traditional Body Care, Face Care and Nivea Cream
range has dominated the market share in the industry over the years, but has recently been
associated with low growth rates. On the other hand, Nivea’s newer offerings, including their Shower
Care, Men’s Care and Sun Care lines has caught the industry’s
attention, with reports indicating high rates of growth and market
share success. The company believes in
continuous innovation and this sparked the introduction of their Deodorants and Nivea Soft
lines, which have not yet dominated the market, but
market growth is on the rise.
STARS- Shower Care- Mens Care- Sun Care
PROBLEM CHILD- NIVEA Soft- Deodorants
CASH COWS
- Body Care- Face Care
- NIVEA Creme
DOGS
{Market SHARE}
{Mar
ket
GRO
WTH
}
High
Low
High Low
{Appeal of market}
{Bus
ines
s Po
wer
}
Market attractiveness-enterprise strength model
Market-attractiveness
position variables:Market segment
Market growth rateProfit marginCompetitors
Economic conditionsTechnological changes Socio-cultural changesAction by authorities
Enterprise strength
variables:Market share ProfitabilityTechnology
Product qualityResources
Knowledge of the market
{Appeal of market}
{Bus
ines
s Po
wer
}
Organizational
Structure
Organisational
leadership
Organisational Culture
Page 16
Page 16
Page 7
• 5% of work force understand the strategy
Vision Barrier
• ONLY 25% of Managers have objectives and incentives that links to strategy
People Barrier
• Budget vs Strategic plan
Resource Barrier
• 85% of Manager spend LESS than 1 hour per month discussing strategy
Management Barrier
Barriers to Strategy
Implementation
EVALUATION
Page 20-22