Course Objectives: The key to the success of any business is having a sustainable competitive advantage over its competitors. This 2-day workshop will arm the participants with a clearer understanding of the organizations’ marketing strategy framework and the challenges to its implementation. This interactive session will cover practical teachings on how organizations can improve on / design and implement a dynamic and cost effective marketing strategy to deliver significant value to customers.
Benefits of the Course: At the end of the program, participants will be empowered to: * Understand market place positioning to enhance their organizations profitability.
* Implement a marketing structure for the organization that optimizes efficiency & ROI.
* Optimize brand building & marketing.
* Develop relevant incentive programs for marketing personnel.
* Understand the importance of customer behavior and preferences in the marketing mix.
Course Overview: * Selling vs Marketing: A Clarification * What is 'Strategic Marketing' & how does it differ from 'Marketing'
* The 6 Commandments of Strategic Marketing
* 'Micro' & 'Macro' Environmental Factors in SMM
* Customer Analysis
* Industry Analysis
* Porter's 5 Forces Framework
* Internal vs External Analyses
* Pricing Strategies & the Selling Process
* Ansoff's Matrix - Product Decisions
* The Strategic Marketing Management Strategy Formulation Process
* Strategy Implementation & Control
* The Future Importance of Strategic Marketing Management