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Summary Marketing Planning 2022

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To the point summary of Marketing Planning 2022, Ku Leuven Antwerp campus.

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Uploaded on
June 11, 2022
Number of pages
40
Written in
2021/2022
Type
Summary

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KU Leuven, campus Antwerpen,
Master in Business Administration




Marketing Planning 2022
Prof. Marco Kotschedoff

, Introduction: Marketing Strategy
Mkt
Strategy VS Coroprate strategy

HR Operations
, ,
R xD alle have effect on


Mht .
strategy .




Mkt Principles :




1 AM customer differ →
Managing customer tleterogeneity
Lust from Basic differenc.es
needs personal

.

emerge ,




Voering life experience
Unique functional needs for the product

Solution :
Manage Cast .

heterogeneity b sekcting a specific segment of customer whose preferente
match the Companies offering and targeting them by highlighting why your product is the


best Solution for them .




ij

, 2 AM customer charge →
Managing Customer Dynamics
They charge because
of
Discrete life events


Typical lifecycle Choice


Learning effects
Changing environmental context s

Solution : MPT recognizes divers customer needs Across the Market and Geeks to select


appropriate target segment
customer within to understand to win
→ MP 2 looks at the each target segment how

and Keeps them as
they charge overtime
by accounting for their woning diversity .




3 AII competities react Sustainable competitie advantage

Managing
Firms takeaway customer through Tech .
Innovations ,
Cultural , environmental factors
Solution :
Companies need to build barrier from being copied giving ,
them time to adapt to


Innovations others
of .




"
These barrier
"
: Sustainable competitie advantage ISCAI
3 conditions 1) Customer (are
"
"
2) Company doen it beter than competities

3) Hard to duplicata
Sources SCA 11 Building brands and relationship
of
-
Awareness , Image ,
status , Meaning
-
Unconscious
psychological barrier :
you bug products because you are



used +00 .




2) Innovative Offering
3) Brands , Offering and relationship




→ exam
!

, 4 AN resources are limited →
Managing resource Tradeoffs

Resource constraints can
emerge from different sources :



a ) Firms resource Slack

b) Changes in firms segments
c) Changes in firms product portfolio
d) Changes in current marketing activities

Solution : Understanding the
marginale benefit and cost of every incrementeel dollar to a



segment/ product ,
such that the Ultimate decision is in
proportioneel to the


marginale benefit and cost trade off associated with each
segment/ product .




done

Managing tradeoffs ,
which is
by ensuring that allocations to mkt

activities are based on Scientific analysis of their benefits and cost .

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