1
Define your marketing approach
- Definition of marketing and its scope of application: BtoB, BtoC, services, etc.
- Possible confusions with sales, product management, communication, advertising, customer relations.
- The various steps of the marketing approach: Market, needs, products and services, segmentation, etc.
- Different marketing approaches: The product-need-market trilogy.
- Potential conflicts with production, research and development, and finances.
- New marketing concepts: Data mining, mobile marketing, buzz marketing, co-branding, virtual communities, etc.
- Different types of marketing: Strategic, operational, product, relationship-based, one-to-one, interactive.
- Marketing plans: Strategic, business plan, operational marketing, sales action plan.
Hands-on work
Quiz to learn major marketing concepts.
2
Defining the marketing process
- Marketing definition : confusion between communication, sales, marketing…
- The steps in marketing process
- The new trends in marketing : datamining, mobile marketing, buzz marketing, cobranding, the latest social media
- The many types of marketing
- Draw up a plan : commercial business actions plan, business plan, marketing plan
Exercise
Quizz to learn the basics of marketing
3
Conduct your marketing assessment
- Internal assessment: Corporate identity sheet, skill and function analysis.
- Portfolio analysis: Pareto and BCG models. Choice of different strategies.
- Describing the main internal issues.
- External assessment: Analyzing the company's environment and changes to it with the PESTEL model.
- Analysis of solutions on offer and the market as a whole.
- Study of competition: Classifying competitors, the 5+1 Porter forces, benchmarking.
- Demand analysis and client behavior analysis. Distinction between BtoC and BtoB marketing.
- Summary of internal and external analysis: SWOT Analysis. Strengths, weaknesses, opportunities, threats.
- Providing sources of information: Documentary studies, marketing, panels, satisfaction, usage tests, audience.
Hands-on work
Case study Constructing a SWOT analysis based on a given corporate context.
4
Conduct a market analysis
- Marketing surveys to make the right decisions: quantitative versus qualitative research, panel and satisfaction survey
- Defining external factors : opportunities and threats, PEST analysis
- Market analysis : benchmarking, Porter’s 5 forces
- Marketing internal audit to evaluate strenghs and weaknesses : BCG and Pareto matrix
Case study
a case study from analysis to recommendations using the SWOT Analysis
5
Develop your marketing strategy and choose your markets
- Defining objectives using the SMART method for each pairing, product, and segment.
- Strategy models: Igor Ansoff, McKinsey, Porter. Attractiveness of a market and the company's strengths.
- Choice of product/market pairings.
- BtoC and BtoB segmentation criteria.
- RFM segmentation: Recency, Frequency, Monetary.
- Actions: Which segments to invest in, develop, maintain, or abandon.
- Targeting strategies: Undifferentiated, differentiated, and concentrated.
- Product positioning: Definition, criteria, and opportunities.
- Conceptual mapping.
- Product positioning methodology.
Hands-on work
Case study Creating a positioning map based on a given case. Correct it as a group.
6
Create a marketing strategy and choose a target market
- Assessing the strategic capacity of the company : Mc Kinsey, Ansoff matrix
- Choose brand/market combination
- Setting the objectives
- Customer segmentation and targeting techniques
- Define the positioning of an offer or brand
Exercise
creation of a a perceptual map
7
Build your marketing mix: Consistency and optimization
- Product: The value trilogy of usage, sign, and appeal. The product's three dimensions.
- Product quality assessment criteria.
- Product life cycle and curve. Product lines. Different brand types.
- Price: The factors that influence price. Demand and elasticity coefficients.
- Acceptability price or psychological price. Estimating the acceptable price.
- Calculating the profitability threshold or "break-even" point. Competition study.
- Place: Choosing your distribution network. Drafting the distribution contract.
- Promotion: Advertising, sales promotion, direct marketing, e-marketing, street marketing, etc.
- Athletic sponsorship, arts patronage.
- Crafting communication: Defining targets, assessing the budget.
- Agency brief: Points to watch for.
- Calculating return on investment.
- Electronic communication: Various tools.
- The other Ps: People, Proof, Process.
Hands-on work
Case study Constructing a mix in sub-groups. Presentation.
8
Define a marketing mix : the 5P’s
- The five components of the marketing mix
- Product : product life cycle, brand, range of products, services
- Price : calculate breakevenpoint, psychological pricing, price positioning
- Place : choosing your distribution network
- Promotion : adverstising, sales promotion, direct marketing, digital marketing
- The other components : People, Pre-sales, Post-sales…
Exercise
Define your marketing mix
9
Construct the marketing plan and scorecards
- Creating the marketing plan and action tracking indicators.
- Annual operational plan and the sales action plan.
- Action planning.
- Operational implementation.
- Monitoring and control.
- Scorecards: Indicators, selective distribution, manager, format, explaining deviations, etc.
- Action plans for each client.
- Provisional operating account.
- Selling your plan internally.
Hands-on work
Based on a case, build the structure of the launch plan and its internal communication. Final quiz for reviewing and confirming what was learned.
10
Build a marketing Plan
- Structure your marketing plan and your monitoring indicators
- Annual operating and action plan
- Projected budget and reporting schedule
- Using results monitoring tools
Exercise
creating a marketing plan that supports your strategy . Final revision quiz.