{"id":4523,"date":"2023-02-23T17:41:43","date_gmt":"2023-02-23T17:41:43","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/marketing-outline\/"},"modified":"2023-02-23T17:41:43","modified_gmt":"2023-02-23T17:41:43","slug":"marketing-outline","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/marketing-outline\/","title":{"rendered":"Marketing Outline"},"content":{"rendered":"<div class=\"col-sm-12 messageContent\">\n <b>Learning Goal: <\/b>I&#8217;m working on a marketing multi-part question and need the explanation and answer to help me learn.<\/p>\n<p><span class=\"textLayer--absolute\" style=\"background-color: initial;\">I.<\/span><span class=\"textLayer--absolute\" style=\"background-color: initial;\">Executive Summary &#8211; 5<\/span><\/p>\n<p><span class=\"textLayer--absolute\">II.<\/span> <span class=\"textLayer--absolute\">Situation Analysis &#8211; 15<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">Internal Environment <\/span><span class=\"textLayer--absolute\">\u00ef\u00bc\u02c6<\/span><span class=\"textLayer--absolute\">Pick <\/span><span class=\"textLayer--absolute\">two<\/span> of below to discuss<span class=\"textLayer--absolute\">\u00ef\u00bc\u2030<\/span><br \/><span class=\"textLayer--absolute\">i.<\/span> <span class=\"textLayer--absolute\">Review of Marketing Goals &amp; Objectives<\/span><br \/><span class=\"textLayer--absolute\">ii.<\/span> <span class=\"textLayer--absolute\">Review of Current Marketing Strategy &amp; Performance<\/span><br \/><span class=\"textLayer--absolute\">iii.<\/span> <span class=\"textLayer--absolute\">Review of current and anticipated organizational resources<\/span><br \/><span class=\"textLayer--absolute\">iv.<\/span> <span class=\"textLayer--absolute\">Review of current and anticipated cultural and structural issues.<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">The External Environment <\/span><span class=\"textLayer--absolute\">\u00ef\u00bc\u02c6<\/span><span class=\"textLayer--absolute\">Pick <\/span><span class=\"textLayer--absolute\">three<\/span> of below to discuss<span class=\"textLayer--absolute\">\u00ef\u00bc\u2030<\/span><br \/><span class=\"textLayer--absolute\">i.<\/span> <span class=\"textLayer--absolute\">Competition<\/span><br \/><span class=\"textLayer--absolute\">ii.<\/span> <span class=\"textLayer--absolute\">Economic Growth &amp; Stability<\/span><br \/><span class=\"textLayer--absolute\">iii.<\/span> <span class=\"textLayer--absolute\">Political Trends<\/span><br \/><span class=\"textLayer--absolute\">iv.<\/span> <span class=\"textLayer--absolute\">Legal &amp; Regulatory Issues<\/span><br \/><span class=\"textLayer--absolute\">v.<\/span> <span class=\"textLayer--absolute\">Technological Advancements<\/span><br \/><span class=\"textLayer--absolute\">vi.<\/span> <span class=\"textLayer--absolute\">Sociocultural Trends<\/span><br \/><span class=\"textLayer--absolute\">III.<\/span> <span class=\"textLayer--absolute\">S.W.O.T. Analysis &#8211; 10<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">The S.W.O.T. Matrix<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">Developing Competitive Advantages<\/span><br \/><span class=\"textLayer--absolute\">IV.<\/span> <span class=\"textLayer--absolute\">Marketing Goals &amp; Objectives &#8211; 10<\/span><br \/><span class=\"textLayer--absolute\">V.<\/span> <span class=\"textLayer--absolute\">Marketing Strategy &#8211; 15<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">Primary (and Secondary) Target Market<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">Product Strategy<\/span><br \/><span class=\"textLayer--absolute\">c.<\/span> <span class=\"textLayer--absolute\">Pricing Strategy<\/span><br \/><span class=\"textLayer--absolute\">d.<\/span> <span class=\"textLayer--absolute\">Distribution\/Supply Chain Strategy<\/span><br \/><span class=\"textLayer--absolute\">e.<\/span> <span class=\"textLayer--absolute\">Integrated Marketing Communication (Promotion) Strategy<\/span><br \/><span class=\"textLayer--absolute\">VI.<\/span> <span class=\"textLayer--absolute\">Marketing Implementation &#8211; 15<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">Structural Issues<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">Tactical Marketing Activities (be <\/span><span class=\"textLayer--absolute\">very<\/span> specific\u00e2\u20ac\u201dthis lays out the details of the<br \/><span class=\"textLayer--absolute\">marketing strategy and how it will be executed). Fill the <\/span><span class=\"textLayer--absolute\">Matrix <\/span><span class=\"textLayer--absolute\">with specific <\/span><br \/><span class=\"textLayer--absolute\">activities (4 P\u00e2\u20ac\u2122s), person\/department responsible, required budget, and completion <\/span><br \/><span class=\"textLayer--absolute\">date.<\/span><br \/><span class=\"textLayer--absolute\">Specific Tactical Activities<\/span> <span class=\"textLayer--absolute\">Person\/Department<\/span><br \/><span class=\"textLayer--absolute\">Responsible<\/span><br \/><span class=\"textLayer--absolute\">Required<\/span><br \/><span class=\"textLayer--absolute\">Budget<\/span><br \/><span class=\"textLayer--absolute\">Completion<\/span><br \/><span class=\"textLayer--absolute\">Date<\/span><br \/><span class=\"textLayer--absolute\">Product Activities<\/span><br \/><span class=\"textLayer--absolute\">1.<\/span><br \/><span class=\"textLayer--absolute\">2.<\/span><br \/><span class=\"textLayer--absolute\">3.<\/span><\/p>\n<p>\n  <canvas><\/canvas><\/p>\n<p><span class=\"textLayer--absolute\">MARKETING PLAN OUTLINE<\/span><br \/><span class=\"textLayer--absolute\">Pricing Activities<\/span><br \/><span class=\"textLayer--absolute\">1.<\/span><br \/><span class=\"textLayer--absolute\">2.<\/span><br \/><span class=\"textLayer--absolute\">3.<\/span><br \/><span class=\"textLayer--absolute\">Distribution\/Supply Chain Activities<\/span><br \/><span class=\"textLayer--absolute\">1.<\/span><br \/><span class=\"textLayer--absolute\">2.<\/span><br \/><span class=\"textLayer--absolute\">3.<\/span><br \/><span class=\"textLayer--absolute\">IMC (Promotion) Activities<\/span><br \/><span class=\"textLayer--absolute\">1.<\/span><br \/><span class=\"textLayer--absolute\">2.<\/span><br \/><span class=\"textLayer--absolute\">3.<\/span><br \/><span class=\"textLayer--absolute\">VII.<\/span> <span class=\"textLayer--absolute\">Evaluation and Control &#8211; 10<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">Formal Controls <\/span><span class=\"textLayer--absolute\">\u00ef\u00bc\u02c6<\/span><span class=\"textLayer--absolute\">Pick <\/span><span class=\"textLayer--absolute\">two<\/span> of below to discuss<span class=\"textLayer--absolute\">\u00ef\u00bc\u2030<\/span><br \/><span class=\"textLayer--absolute\">i.<\/span> <span class=\"textLayer--absolute\">Input Controls (before implementation)<\/span><br \/><span class=\"textLayer--absolute\">ii.<\/span> <span class=\"textLayer--absolute\">Process Controls (during implementation)<\/span><br \/><span class=\"textLayer--absolute\">iii.<\/span> <span class=\"textLayer--absolute\">Output Controls (during and after implementation)<\/span><br \/><span class=\"textLayer--absolute\">1.<\/span> <span class=\"textLayer--absolute\">Overall Performance Standards<\/span><br \/><span class=\"textLayer--absolute\">2.<\/span> <span class=\"textLayer--absolute\">Product Performance Standards<\/span><br \/><span class=\"textLayer--absolute\">3.<\/span> <span class=\"textLayer--absolute\">Price Performance Standards<\/span><br \/><span class=\"textLayer--absolute\">4.<\/span> <span class=\"textLayer--absolute\">Distribution Performance Standards<\/span><br \/><span class=\"textLayer--absolute\">5.<\/span> <span class=\"textLayer--absolute\">IMC (promotion) Performance Standards<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">Informal Controls <\/span><span class=\"textLayer--absolute\">\u00ef\u00bc\u02c6<\/span><span class=\"textLayer--absolute\">Pick <\/span><span class=\"textLayer--absolute\">two<\/span> of below to discuss<span class=\"textLayer--absolute\">\u00ef\u00bc\u2030<\/span><br \/><span class=\"textLayer--absolute\">i.<\/span> <span class=\"textLayer--absolute\">Employee self-control<\/span><br \/><span class=\"textLayer--absolute\">ii.<\/span> <span class=\"textLayer--absolute\">Employee social control<\/span><br \/><span class=\"textLayer--absolute\">iii.<\/span> <span class=\"textLayer--absolute\">Cultural control<\/span><br \/><span class=\"textLayer--absolute\">VIII.<\/span> <span class=\"textLayer--absolute\">Marketing Audits \u00e2\u20ac\u201c 10 <\/span><span class=\"textLayer--absolute\">\u00ef\u00bc\u02c6<\/span><span class=\"textLayer--absolute\">Pick <\/span><span class=\"textLayer--absolute\">two<\/span> of below to discuss<span class=\"textLayer--absolute\">\u00ef\u00bc\u2030<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">How activities will be monitored<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">What audit will be performed and by whom<\/span><br \/><span class=\"textLayer--absolute\">c.<\/span> <span class=\"textLayer--absolute\">What corrective actions might be taken to improve performance<\/span><br \/><span class=\"textLayer--absolute\">d.<\/span> <span class=\"textLayer--absolute\">What elements should be reconsidered and revised if the marketing plan shows little <\/span><br \/><span class=\"textLayer--absolute\">likelihood of meeting the marketing objectives.<\/span><br \/><span class=\"textLayer--absolute\">IX.<\/span> <span class=\"textLayer--absolute\">Implementation Schedule and Timeline \u00e2\u20ac\u201c 10 <\/span><span class=\"textLayer--absolute\">(Fill the timetable below)<\/span><\/p>\n<p>\n  <canvas><\/canvas><\/p>\n<p><span class=\"textLayer--absolute\">MARKETING PLAN OUTLINE<\/span><br \/><span class=\"textLayer--absolute\">a.<\/span> <span class=\"textLayer--absolute\">Product Activities<\/span><br \/><span class=\"textLayer--absolute\">b.<\/span> <span class=\"textLayer--absolute\">Pricing Activities<\/span><br \/><span class=\"textLayer--absolute\">c.<\/span> <span class=\"textLayer--absolute\">Distribution Activities<\/span><br \/><span class=\"textLayer--absolute\">d.<\/span> <span class=\"textLayer--absolute\">IMC Activities<\/span><br \/><span class=\"textLayer--absolute\">Month<\/span> <span class=\"textLayer--absolute\">________<\/span> <span class=\"textLayer--absolute\">________<\/span> <span class=\"textLayer--absolute\">________<\/span><br \/><span class=\"textLayer--absolute\">Activities<\/span><span class=\"textLayer--absolute\">Week<\/span> <span class=\"textLayer--absolute\">1<\/span> <span class=\"textLayer--absolute\">2<\/span> <span class=\"textLayer--absolute\">3<\/span> <span class=\"textLayer--absolute\">4<\/span> <span class=\"textLayer--absolute\">1<\/span> <span class=\"textLayer--absolute\">2<\/span> <span class=\"textLayer--absolute\">3<\/span> <span class=\"textLayer--absolute\">4<\/span> <span class=\"textLayer--absolute\">1<\/span> <span class=\"textLayer--absolute\">2<\/span> <span class=\"textLayer--absolute\">3<\/span> <span class=\"textLayer--absolute\">4<\/span><br \/><span class=\"textLayer--absolute\">Product Activities<\/span><br \/><span class=\"textLayer--absolute\">Pricing Activities<\/span><br \/><span class=\"textLayer--absolute\">Distribution Activities<\/span><br \/><span class=\"textLayer--absolute\">IMC Activities<\/span><br \/><span class=\"textLayer--absolute\">Reversed by Dr. Huang on Feb. 18<\/span><span class=\"textLayer--absolute\">th<\/span><span class=\"textLayer--absolute\">, 2023.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learning Goal: I&#8217;m working on a marketing multi-part question and need the explanation and answer to help me learn. I.Executive Summary &#8211; 5 II. Situation Analysis &#8211; 15a. Internal Environment \u00ef\u00bc\u02c6Pick two of below to discuss\u00ef\u00bc\u2030i. Review of Marketing Goals &amp; Objectivesii. Review of Current Marketing Strategy &amp; Performanceiii. Review of current and anticipated organizational [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[650],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/4523"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=4523"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/4523\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=4523"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=4523"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=4523"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=4523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}