- 1 The strategic perspective Acknowledgements xvi
- About this chapter
- Introduction
- What is strategy?
- Towards strategic management
- Change – shaping strategy
- Balanced scorecard approach
- The role of marketing within strategy
- What is marketing strategy?
- Summary
- Part 1 Strategic Analysis
- 2 External analysis
- About this chapter
- Introduction
- Scanning
- Macro-environmental analysis
- Industry analysis
- Competitor analysis
- Problems in identifying competitors
- The market analysis
- Summary
- 3 Competitive intelligence
- About this chapter
- What is competitive intelligence?
- The CI cycle
- Sources of competitive information
- Summary
- 4 Segmentation
- About this chapter
- Introduction
- Why segment?
- The segmentation process
- Consumer behaviour
- Consumer segmentation criteria
- Profile variables
- Behavioural variables
- Psychographic variables
- Organisational/industrial segmentation techniques
- Organisational buyer behaviour
- The Webster–Wind framework
- The Sheth framework
- Approaches to organisational market segmentation
- Summary
- 5 Internal analysis
- About this chapter
- Introduction
- Organisational capabilities
- Organisational assets
- Organisational competencies
- Initial corporate wide internal audit
- The internal marketing audit
- The innovation audit
- Auditing tools
- Summary
- 6 Developing a future orientation
- About this chapter
- Introduction
- Forecasting
- Trend extrapolation
- Modelling
- Intuitive forecasting
- Consensus forecasting
- Scenario planning
- Market sensing
- Strategic questions
- People involved
- Summary
- Part 2 Formulation of Strategy
- 7 Strategic intent
- About this chapter
- Introduction
- Mission
- Statement of strategic intent
- Nature of support for the mission statement
- Goals and objectives
- Hierarchy of objectives
- Long-term versus short-term goals
- The balanced scorecard
- Gap analysis
- Summary
- 8 Strategy formulation
- About this chapter
- Strategy formulation – an overview
- Competitive advantage
- Identifying sources of competitive advantage
- Experience and value effects
- Industry position
- Product and market strategies
- Strategic wear-out
- Difficult market conditions
- Summary
- 9 Targeting, positioning and brand strategy
- About this chapter
- Introduction
- Evaluating market segments
- Establishing organisational capability
- Strategic alignment of assets and competencies (targeting)
- The strategic nature of making target segment choices
- Positioning
- Perceptual mapping
- Positioning alternatives
- Creating brand equity
- Brand valuation
- Strategic brand management
- Brand name strategy
- Combined brand strategies
- Brand extension
- Brand stretching
- Brand revitalisation
- Brand repositioning
- Brand extinction
- Summary
- 10 Product development and innovation
- About this chapter
- The strategic agenda
- The nature of products and product development
- Why do products fail?
- Managing innovation
- Risk and the innovation dilemma
- Summary
- 11 Alliances and relationships
- About this chapter
- Introduction
- Alliances
- Relationship marketing
- Developing relationships
- Summary
- 12 The strategic marketing plan
- About this chapter
- Corporate and marketing plans
- Corporate planning
- Marketing plans: strategy or tactics?
- Why does planning matter?
- Barriers to successful planning
- The structure of a strategic marketing plan
- Approaches to marketing planning
- Summary
- Part 3 Strategic Implementation
- 13 Strategic implementation
- About this chapter
- Implementation: stressing the importance
- Success versus failure
- Fundamental principles
- Assessing ease of implementation
- People, power and politics
- Internal marketing
- Applying project management techniques
- Summary
- 14 Control
- About this chapter
- Introduction
- Control: the basic principles
- What makes an effective control system?
- Management control
- Financial control
- Performance appraisal
- Benchmarking
- Controlling marketing performance
- Summary
- Part 4 Contemporary Issues in Strategic Marketing
- 15 Customer relationship management
- About this chapter
- Introduction
- Strategic versus operational CRM
- What makes a strong relationship?
- Lifetime customer value
- Summary
- 16 Marketing ethics and strategic marketing decision making
- About this chapter
- Introduction
- Political philosophy and ethical decision making
- Ethical frameworks
- Moral reasoning
- Part 5 Teaching strategic marketing
- 17 Problem-based learning
- About this chapter
- What is problem-based learning?
- Applicability of PBL to strategic marketing
- Writing effective PBL problems
- PBL tasks in the classroom
- Example of PBL for strategic marketing
- Index
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