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Strategic Control of Marketing Strategy by M Hashaam
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©2003 Prentice Hall, Inc.
©2003 Prentice Hall, Inc.
Strategic MarketingStrategic MarketingTopic: Strategic Control of Marketing StrategyPresented To: Mr. Zia-ur-RehmanPresented By: M.HashaamRoll no. : AM552381
©2003 Prentice Hall, Inc.
AcknowledgmentAcknowledgment
First of all thanks of Allah who is most beneficent and the most merciful whose blessings are
abundant and favors are unlimited.It is my pleasure to acknowledge the
guidance and support of my subject Teacher: Mr. Zia-ur-
Rehman for his endless guidance.
©2003 Prentice Hall, Inc.
Strategic Control of Strategic Control of Marketing StrategyMarketing StrategyControl involve setting
standards of performance, evaluating actual
performance against standards and, if the
deviations are intolerable, taking corrective action.
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Types of Control
Annual plan Profitability Efficiency Strategic
Responsibility of top and middle management
Examines whether planned results are achieved
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Five tools are used to evaluate annual plan performance:– Sales analysis– Market-share analysis– Marketing expense-to-sales
analysis– Financial analysis– Market-based scorecard analysis
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Types of Control
Annual plan Profitability Efficiency Strategic
Responsibility of marketing controller
Examines where the company is making and losing money
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Four tools are used to evaluate profitability:– Profitability by Product Territory– Market Segment– Trade Channel– Order Size
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Types of Control
Annual plan Profitability Efficiency Strategic
Responsibility of line & staff and / or marketing controller
Evaluates and attempts to improve spending efficiency of marketing expenditures
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Four tools are used to evaluate efficiency:– Expense Ratio– Advertising Effectiveness
measures– Market Potential– Contribution Margin Analysis
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Types of Control
Annual plan Profitability Efficiency Strategic
Responsibility of top management and marketing auditor
Examines whether company is pursuing its best opportunities
©2003 Prentice Hall, Inc.
Strategic Control of Marketing Strategic Control of Marketing StrategyStrategy
Strategic controls should be conducted periodically via:– Marketing-effectiveness reviews– Marketing audits
Additional reviews to consider:– Marketing excellence review– Ethical and social responsibility
review
©2003 Prentice Hall, Inc.
©2003 Prentice Hall, Inc.
Case StudyCase Study
Strategic Control of Marketing Strategy in
SiemensLifeStyle Appliances
©2003 Prentice Hall, Inc.
Siemens LSA Strategic Siemens LSA Strategic ControlControl
Following tools are use in Siemens LSA for Control:
• Sale Analysis• Expense to Sale Ratio• Advertising Effectiveness
Measures• Order Size
©2003 Prentice Hall, Inc.
SWOT AnalysisSWOT AnalysisStrengths High Quality No Competitor International
Brand Makes High
Profits Tax Free Products
Weaknesses High Prices Only for Upper
Class Specifically
Located
©2003 Prentice Hall, Inc.
SWOT AnalysisSWOT AnalysisThreats Growing
Companies in Industry like Orient & Samsung etc.
Opportunities Can Capture
other classes & Segments
Enhance sale with low prices
©2003 Prentice Hall, Inc.
ConclusionConclusion
I conclude that Siemens Home have good control on their marketing strategy due to special focus on marketing
strategically.Their plans come true due to no competition of their products.
©2003 Prentice Hall, Inc.
RecommendationsRecommendations
I will recommend to Siemens Home that there should be
products for other classes or groups to capture the
complete market in view of their best quality.
©2003 Prentice Hall, Inc.
Thank YouThank YouAny Question ?