Strategic Marketing: Planning and Control, Third Edition

(Wang) #1
can be removed if characteristics common to strategic plans and tactical
plans can be identified.
● Strategic marketing: Takes a longer-term time frame and broadly defines
the organisation’s marketing activities. The process seeks to develop
effective responses to a changing business environment by analysing
markets, segmentation and evaluating competitors’ offerings. Strategy
focuses on defining market segments and positioning products in order
to establish a competitive stance. Marketing strategy tends to embrace
all of the mix, or significant components of the mix (e.g. distribution
strategy, communications strategy, etc.). Problems in this area tend to
be unstructured and require external, often speculative, data.
● Tactical marketing: This takes a shorter-term time frame and concerns
day-to-day marketing activities. It translates strategy into specific
actions and represents the on-going operational dimension of market-
ing strategy. Tactical marketing tends to deal with individual compon-
ents of the marketing mix elements (e.g. sales promotion, advertising,
etc.). Problems are often repetitive and well structured with data being
internally generated.
Table 12.1 examines the differences between strategic and tactical marketing.

246 Strategic Marketing: Planning and Control


Table 12.1Strategic and tactical marketing

Strategic marketing Tactical marketing

Time frame Long term Short term
Focus Broad Narrow
Key task(s) Defining market and Day-to-day marketing
competitive position activity
Information and Unstructured, external, Structured, internal,
problem solving speculative repetitive
Example New product Price discounting
development

■ Why does planning matter?


The organisation needs a strategic marketing plan in order to adapt to a
changing business environment. Given the basic business premise of –
success through effectively meeting customer needs– it is clear organisations
must continually adapt and develop to remain successful. Strategic mar-
keting facilitates this process and provides robust solutions in an increas-
ingly competitive world. Essentially, the plan should provide a systematic
framework with which to analyse the market place and supply a well-
defined way to pursue strategic goals.
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