Documente Academic
Documente Profesional
Documente Cultură
CORPORATE PLAN
(Corporate Objectives and Strategies)
MARKETING PLAN
(Marketing Objectives and Strategies)
IMC PLAN
(IMC Objectives, IMC Strategies)
STEP I
1.
PRODUCT SITUATION
Assess the products;
1. Benefits,
2. Quality,
3. Packaging,
4. Price,
5. Image,
6. Availability,
7. Features,
8. USP etc.
2.
COMPETITIVE SITUATION
3.
Their objectives
Their audiences
Their strategies
Their tools
Their media
Their budgets
Their results
Prepare a SWOT report.
4.
AUDIENCE SITUATION
a) Understand the composition of the audience for promotion and break it up into:
1. Buyers
2. Deciders
3. Influencers
4. Users, etc.
b) Prepare a demographic, psychographic, behavioural and lifestyle profile for each.
c) Decide on the target audience to address by your campaign.
d) Prepare a demographic, psychographic, behavioural and lifestyle profile
5.
REGULATORY SITUATION
Rules and regulations regarding the product category and proposed media need to
be understood.
Step II
Any problems identified in the situational analysis or any opportunities spotted can be prioritised
and selected as communication objectives.
Step III
Step IV
Broad estimates of costs of campaign, affordability and competitors expenditure are main
factors in determining the promotional budgets. Budget allocation to different tools and
media happens later once strategies and tactics are finalised.
Step V
This is the most demanding step in the whole process and many key decisions need to be
taken here:
1. Selection of the TARGET AUDIENCE from the target segment ( mentioned in the marketing
plan)
In this step, the exact blend of the elements (advertising, SP, PS, DM, Events, PR) is
decided. Factors considered for this are target audience, type of product, type and
situation of market, objectives of program, budget and strengths and weaknesses of
various communications mix elements.
3. Arriving at the MESSAGE STRATEGY
Step VI
Step VII
The measurement criteria decided at the earlier stages help in evaluating the effectiveness
of the overall campaign as well as that of each element and media.