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Welcome to our presentation on
BUILDING A POWERFUL MARKETING PLAN
BUILDING A POWERFUL MARKETING PLAN
Group Members
Name Registration No.
Md. Salman Hossain 2009731004
Md. Shuhel Ahmed 2009731006
Md. Tanbir Hasan Chowdhury 2009731037
Mufti Tamimul Quamar Ahmed 2009731064
4th year 1st semester, BBA program
Dept. of Business Administration
Shahjalal University Of Science & Technology, Sylhet, Bangladesh.
Marketing & Guerilla Marketing
Marketing The process of creating and delivering desired goods
and services to customers. Involves all of the activities associated with winning
and retaining loyal customers
o Guerilla Marketing Unconventional, low-cost, creative marketing
designed to give small businesses an edge over their larger, richer, more powerful rivals
Four Objectives of a Marketing Plan
1. Pinpoints the specific target markets the company will serve.
2. Determines customer needs and wants through market research.
3. Analyzes a firm’s competitive advantages and builds a marketing strategy around them.
4. Creates a marketing mix that meets customer needs and wants.
1. Pinpointing the Target Market
The specific group of customers at whom the company aims its products or services.
Marketing strategy must be built on clear definition of a company’s target customers.
Mass marketing techniques no longer work.Target customer must permeate the entire
business – merchandise sold, background music, layout, décor, and other features.
Without a clear image of its target market, a small company tries to reach almost everyone and ends up appealing to almost no one!
2. Market Research: How to Conduct
1.Define the problem.2.Collect the data.
1. Primary Research 2. Secondary Research
3.Analyze and interpret the data.4.Draw conclusions and act.
Sources of Primary & Secondary Data
1.Customer surveys & questionnaire2. Focus Groups3. Daily Transaction4. Other ideas
Primary Research 1. Business Directories
2. Direct mail list3. Demographic Data4. Census Data5. Forecasts6. Market Research7.Articles, Magazine etc8. Local Data9. World Wide Web
Secondary
research
3. Relationship Marketing(Customer Relationship Management
Level 4: Customer Partnership.
Level 3: Customer Alignment.
Level 2: Customer Sensitivity.
Level 1: Customer Awareness.
Four Levels of Customer Sensitivity
Guerrilla Marketing Strategies
Find a niche and fill it.Don’t just sell, entertain.Strive to be unique.Create an identity for your businessConnect with customers on an emotional level. Focus on the CustomerDevotion to Quality Attention to ConvenienceConcentrate on innovation.Dedication to Service and Customer Satisfaction
Guerrilla Marketing Strategies
Listen to CustomersEmphasis on Speed
1.PRODUCT2.PRICE3.PLACE4.PROMOTION
4. Marketing Mix
FOR BEING WITH US
Thank You