2. Developing Marketing Strategies and Plans

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1 2. Developing Marketing Strategies and Plans
Dosen: Citra Kusuma Dewi SE., MBA

2 Chapter Questions How does marketing affect customer value?
How is strategic planning carried out at the corporate and divisional levels? How is strategic planning carried out at the business unit level? What does a marketing plan include?

3 a. MARKETING AND CUSTOMER VALUE
../Video/Value Creation Through the Marketing Mix.mp4 Video value via marketing mix

4 The value delivery process
Choosing the value Marketers must segment the market, select the appropriate target, and develop the offering’s value positioning (STP) Providing the value Marketing must determine specific product features, prices, and distribution. Utilizing the sales force, Internet, advertising, and any other communication tools to announce and promote the product. Communicating the value Dahulu, marketing dipandang hanya sebagai konsep penjualan yang terjadi ketika proses penjualan. Hal ini akan sukses, hanya jika konsumen homogen&tidak memiliki banyak keinginan serta kebutuhan. Sekarang ini, dimana konsumen bervariasi dan memiliki berbagai karakteristik dan kebutuhan yang berbeda, maka marketer harus menempatkan marketing di awal perencanaan, dimana fokusnya adalah pada proses penyampaian value kepada konsumen. Tahapan penyampaian value (Value delivery process): Pilih Value: Tugas yang harus dikerjakan sebelum produk ada  siapkan STP (segmenting, targetting, Positioning) Sediakan Value:Tentukan fitur produk, harga dan distribusi (Marketing mix) Komunikasikan Value:penggunaan tenaja penjual, internet, iklan dan alat komunikasi lain untuk mengumumkan dan promosikan produk The value delivery process begins before there is a product and continues through development and after launch. The value delivery process begins before there is a product and continues through development and after launch.

5 What is the Value Chain? The value chain is a tool for identifying ways to create more customer value, because every firm is a synthesis of primary and support activities performed to design, produce, market, deliver, and support its product. The primary activities are: Inbound logistics, or bringing materials into the business; Operations, or converting materials into final products; Outbound logistics, or shipping out final products; Marketing, which includes sales; Service. Specialized departments handle the support activities: Procurement, Technology development, Human resource management, firm infrastructure. (Infrastructure covers the costs of general management, planning, finance, accounting, legal, and government affairs.) Alat untuk identifikasi cara dalam menciptakan customer value yang lebih.

6 Characteristics of Core Competencies
A source of competitive advantage: distinctive capabilities Applications in a wide variety of markets Difficult to imitate Maximizing Core Competencies (Re)define the business concept (Re)shaping the business scope (Re)positioning the company’s brand identity Saat ini, banyak Perusahaan yang meng outsource kan hal-hal yang tidak krusial jika akan mendapat biaya lebih murah atau kualitas lebih baik. Sehingga perusahaan bisa fokus kepada pengelolaan kompetensi inti. The key, then, is to own and nurture the resources and competencies that make up the essence of the business. Many textile, chemical, and computer/electronic product firms do not manufacture their own products because offshore manufacturers are more competent in this task. Instead, they focus on product design and development and marketing, their core competencies. A core competency has three characteristics: (1) It is a source of competitive advantage and makes a significant contribution to perceived customer benefits. (2) It has applications in a wide variety of markets. (3) It is difficult for competitors to imitate. ../Video/'The True Cost' - Official Trailer.mp4

7 The central role of strategic planning
Master Marketers Setiap master marketers fokus kepada konsumen dan membuat perencanaan pemasaran

8 What is a marketing plan?
A marketing plan is the central instrument for directing and coordinating the marketing effort. Levels of a Marketing Plan Strategic Target marketing decisions Value proposition Analysis of marketing opportunities Tactical Product features Promotion Merchandising Pricing Sales channels Service The marketing plan is the central instrument for directing and coordinating the marketing effort. It operates at two levels: strategic and tactical. The strategic marketing plan lays out the target markets and the firm’s value proposition, based on an analysis of the best market opportunities. The tactical marketing plan specifies the marketing tactics, including product features, promotion, merchandising, pricing, sales channels, and service.

9 b. Corporate and division strategic planning

10 Planning activities in headquarters
Define the corporate mission Establish strategic business units (SBUs) Assign resources to each SBU Assess growth opportunities

11 1. Good Mission Statements
Focus on a limited number of goals Stress the company’s major policies and values Define major competitive spheres Take a long-term view Short, memorable, meaningful Fokus kepada sejumlah tujuan yang terbatas Penekanan kepada kebijakan dan value yang utama dari perusahaan Menetapkan bidang/dimensi kompetitif/kekuatan perusahaan Jangka panjang Singkat, mudah diingat & berarti To define its mission, a company should address Peter Drucker’s classic questions: What is our business? Who is the customer? What is of value to the customer? What will our business be? What should our business be? These simple-sounding questions are among the most difficult a company will ever have to answer. Successful companies continuously raise and answer them. Organizations develop mission statements to share with managers, employees, and (in many cases) customers. A clear, thoughtful mission statement provides a shared sense of purpose, direction, and opportunity. Major Competitive Spheres: Industry Products Competence Market segment Vertical channels Geographic

12 Compare the rather vague mission statements on the left with Google’s mission statement and philosophy on the right. Does Google’s mission meet the criteria of good mission statements?

13 2. Establish strategic business units (SBUs)
Single Business/Collection of related business Purpose of identifying the company’s SBUs: Develop separate strategies and assign appropriate funding It has its own set of competitors Unit bisnis strategis adalah suatu unit yang menghasilkan produk atau jasa untuk suatu kelompok pelanggan tertentu. SBU umumnya merupakan suatu unit mandiri dan suatu perusahaan dapat memiliki beberapa SBU. It has a manager responsible for strategic planning and profit performance

14 Garuda Sentra Medika Business Unit (SBU GSM)
fungsi utama untuk memastikan setiap Cockpit Crew dan Cabin Crew (Air Crew) yang bertugas, berada dalam kondisi sehat sehingga keselamatan dalam penerbangan lebih terjamin. Untuk mencapai tujuan ini, GSM melaksanakan program-program pemeliharaan kesehatan bagi Air Crew sesuai ketentuan yang mengacu pada ketentuan ICAO Annex 9, Civil Aviation Safety Regulations (CASR) Part 67 dan part 183 tentang pemeliharaan kesehatan oleh operator penerbangan. Alamat SBU GSM: Jalan Angkasa Blok B15 Kav.1, Kemayoran Jakarta Pusat, Indonesia 10610 Garuda Cargo Business Unit (SBU Cargo) SBU Cargo melayani jasa transportasi udara, dengan menggunakan pesawat-pesawat yang dimiliki oleh Garuda Indonesia. Bersama dengan mitra-mitra yakni para Agen dan GSSA, SBU Cargo mengirimkan barang untuk wilayah domestik dan internasional. Selain itu SBU Cargo juga memberikan pelayanan kepada pengirim baik perusahaan maupun individual melalui agen, GSSA atau penjualan langsung. Untuk memperluas cakupan pelayanan, SBU Cargo menjalin kerja sama dengan maskapai lain seperti Korean Airlines, Malaysian Airlines, China Airlines dan Turkish Airlines. Kota tujuan yang dilayani bersama dengan maskapai-maskapai tersebut berjumlah sekitar 50 kota di seluruh dunia. Unit Bisnis Strategis atau Strategic Business Unit (SBU) adalah unit bisnis independen di bawah perusahaan yang bertujuan untuk mengoptimalisasi sumber daya dan memaksimalkan nilai perusahaan. SBU menyediakan produk dan pelayanan kepada pelanggan internal maupun pihak ketiga. SBU yang berada di bawah Garuda Indonesia tersebut adalah Unit Bisnis Garuda Sentra Medika (GSM) dan Unit Bisnis Garuda Cargo. Kedua unit bisnis ini bertanggung jawab pada Dewan Direksi.

15 Assign resources to Each SBU Assessing Growth Opportunities
Includes planning new businesses, downsizing, and terminating older businesses. If there is a gap between future desired sales and projected sales, corporate management will need to develop or acquire new businesses to fill it. Assessing growth opportunities includes planning new businesses, downsizing, and terminating older businesses. If there is a gap between future desired sales and projected sales, corporate management will need to develop or acquire new businesses to fill it. Figure 2.2 illustrates this strategic-planning gap for a major manufacturer of blank compact disks called Musicale (name disguised). The lowest curve projects the expected sales over the next five years from the current business portfolio. The highest describes desired sales over the same period. Evidently, the company wants to grow much faster than its current businesses will permit. How can it fill the strategic-planning gap? The first option is to identify opportunities for growth within current businesses (intensive opportunities). The second is to identify opportunities to build or acquire businesses related to current businesses (integrative opportunities). The third is to identify opportunities to add attractive unrelated businesses (diversification opportunities).

16 c. Business unit strategic planning

17 The Business Unit Strategic Planning Process
The business unit strategic-planning process consists of the steps shown in Figure 2.3.. Each business unit needs to define its specific mission within the broader company mission. The overall evaluation of a company’s strengths, weaknesses, opportunities, and threats is called SWOT analysis. It’s a way of monitoring the external and internal marketing environment. Once the company has performed a SWOT analysis, it can proceed to goal formulation, developing specific goals for the planning period. Goals are objectives that are specific with respect to magnitude and time. Goals indicate what a business unit wants to achieve; strategy is a game plan for getting there. Every business must design a strategy for achieving its goals, consisting of a marketing strategy and a compatible technology strategy and sourcing strategy. Even a great marketing strategy can be sabotaged by poor implementation. If the unit has decided to attain technological leadership, it must strengthen its R&D department, gather technological intelligence, develop leading-edge products, train its technical sales force, and communicate its technological leadership. Once they have formulated marketing programs, marketers must estimate their costs.

18 SWOT Analysis Strengths Weaknesses Opportunities Threats
Internal Environment Weaknesses Opportunities External Environment The overall evaluation of a company’s strengths, weaknesses, opportunities, and threats is called SWOT analysis. It’s a way of monitoring the external and internal marketing environment. Threats

19 Porter’s Generic Strategies
Overall cost leadership firms work to achieve the lowest production and distribution costs so they can underprice competitors and win market share. Differentiation the business concentrates on achieving superior performance in an important customer benefit area valued by a large part of the market. Michael Porter has proposed three generic strategies that provide a good starting point for strategic thinking: overall cost leadership, differentiation, and focus. With overall cost leadership, firms work to achieve the lowest production and distribution costs so they can underprice competitors and win market share. With differentiation, the business concentrates on achieving superior performance in an important customer benefit area valued by a large part of the market. With focus, the business focuses on one or more narrow market segments, gets to know them intimately, and pursues either cost leadership or differentiation within the target segment. Focus the business focuses on one or more narrow market segments, gets to know them intimately, and pursues either cost leadership or differentiation within the target segment.

20 Categories of Marketing Alliances
Product or service alliances—One company licenses another to produce its product, or two companies jointly market their complementary products or a new product. Promotional alliances—One company agrees to carry a promotion for another company’s product or service. Logistics alliances—One company offers logistical services for another company’s product. Pricing collaborations—One or more companies join in a special pricing collaboration. Even giant companies often cannot achieve leadership, either nationally or globally, without forming alliances with domestic or multinational companies that complement or leverage their capabilities and resources. Many strategic alliances take the form of marketing alliances. These fall into four major categories. Product or service alliances—One company licenses another to produce its product, or two companies jointly market their complementary products or a new product. Promotional alliances—One company agrees to carry a promotion for another company’s product or service. Logistics alliances—One company offers logistical services for another company’s product. Pricing collaborations—One or more companies join in a special pricing collaboration.

21 McKinsey’s Elements of Success
Skills Strategy Staff Structure According to McKinsey & Company, strategy is only one of seven elements—all of which start with the letter s—in successful business practice.41 The first three—strategy, structure, and systems—are considered the “hardware” of success. The next four—style, skills, staff, and shared values—are the “software.” The first “soft” element, style, means company employees share a common way of thinking and behaving. The second, skills, means employees have the skills needed to carry out the company’s strategy. Staffing means the company has hired able people, trained them well, and assigned them to the right jobs. The fourth element, shared values, means employees share the same guiding values. When these elements are present, companies are usually more successful at strategy implementation. Style Systems Shared values

22 d. Marketing plan

23 Marketing Plan Contents
Executive summary Table of contents Situation analysis Marketing strategy Financial projections Implementation controls Although the exact length and layout varies from company to company, most marketing plans cover one year in anywhere from 5 to 50 pages. Smaller businesses may create shorter or less formal marketing plans, whereas corporations generally require highly structured documents. A marketing plan usually contains the sections listed in the slide.

24 Evaluating a Marketing Plan
Is the plan simple? Is the plan specific? Is the plan realistic? Is the plan complete? In the Marketing Memo, these questions are suggested for evaluating the quality of the marketing plan.

25 For Review How does marketing affect customer value?
How is strategic planning carried out at different levels of the organization? What does a marketing plan include? In this chapter, we learned how to answer these questions.

26 Thank you