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Developing a Strategic Marketing Plan: The First Step

Published by: InfoTrends/CAP Ventures

Published: May. 1, 2006 - 28 Pages

The price of this report has been reduced. The original price was $595.

Table of Contents



Introduction

Marketing Strategy Definition and Overview

The Elements of a Strategic Marketing Plan

Targeting the Right Customers

B2B versus B2C

B2C

B2B

Market Positioning

How Do I Position my Firm?

Superlative: Why Choose this Supplier?

Label: What Are the Products and Services Offered?

Qualifiers: Who Should Choose this Product?

The Benefit: What Value Do You Bring, or What Problem Do You Solve?

Canfield and Tack: It Starts with Market Positioning

LaVigne, Inc.: Return on Communications Investment

Market Positioning Is Who You Are in the Minds of Customers

The Four “P”s in the Marketing Mix

Product: Transforming Your Product Mix

Developing and Defining the Offer

The Realities

Great Products and Revenue Growth

Price: It’s About Value

What is Value?

Getting to the Right Buyer

Effective Promotion Still Plays an Important Role

It’s Usually Not the Price!

Place: Sales and Distribution in an Internet-Enabled World

Distribution Considerations

Promotion: How to Get Noticed by Prospects and Customers

Awareness, Consideration, and Hit Rate

How Do You Build Awareness in a Multi-Media World?

1. Advertising/Direct Mail

2. Event Marketing

3. Public Relations - The Forgotten Tool?

4. The Internet

Self-Promotion: It’s Key to Success!

In Conclusion

Abstract

This report provides the process for developing an effective strategic marketing plan—the foundation of every business. It provides an overall structure for print service providers that guides the process of determining appropriate target markets for products and services, detailing the customer’s wants and needs and then fulfilling those wants and needs better than competitors, to deliver double-digit revenue growth in a challenging economic environment.

The report defines the strategic market planning process and includes examples of how graphic communications service providers have successfully developed their marketing strategies.

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