The program offers many ideas for developing creative and innovative marketing solutions. It explains the difference between 'marketing' and 'selling', and highlights the skills required to be a successful marketer.
This course provides key insights into the essentials of marketing in a clear, simplistic manner that conveys a comprehensive understanding of how the elements of 'the marketing mix' are used to build a competitive advantage.
Through the use of various analytical tools, participants will gain an insight into how to develop an effective marketing plan for their own product / company. A full set of customized marketing activities will create a deeper thinking of marketing strategy development, and implementation, which participants can bring back to their own organization.
Course Objectives
- To help delegates understand the importance of marketing in today's highly competitive marketplace
- To understand the importance of situational analysis and market research, as a base for preparing a successful marketing plan
- To understand the different marketing strategies available and how to apply them
- To be able to develop the right marketing mix to support the overall marketing strategy and objective
- To understand the components of a marketing plan and formulate one that is specific to each delegate's business
- To know how to implement and measure the success of a marketing plan
Who Should Attend?
All new marketing personnel, as well as professionals in career transition, moving into a marketing role.
This course is ideal for all marketers looking to gain a clear understanding of the core concepts of marketing, and how they can apply them in today's changing business world.
Course Outline
What Is Marketing?
- The Difference Between Sales & Marketing
- Defining The Marketing Mix
- Defining The Product
Marketing Objectives
- What Is Strategy?
- Organizational Mission & Corporate Objectives
Situation Analysis
- Marketing Environment
- Micro & Macro Issues
The Consumer
- Customer Focus
- Types Of Buyers
- The Buying Decision Process.
The Market
- Defining The Market
- Market Segmentation.
Market Research
- Types Of Market Research
- Sampling Methods
- Product - Service Positioning
- GAP Analysis
- The Product Lifecycle
- Effects Of Extension Strategies
Product Portfolio
- Extended Boston Consulting Matrix
- Competitive Forces
- Competitive Positions.
Competitive Strategy
- Ansoff's Matrix Strategies
- Porter's Generic Forces
- U.S.P.'s (Competitive Advantage / Unique Selling Proposition)
- Developing The Right Marketing Mix
The Product
- Sequence For New Product Development
- Time Adoption Of Innovations
- Reasons Why Products Fail
- Brands
- What Is A Brand?
- The Branding Process.
- Review Of The Marketing Mix
- Reasons For International Failures
Forecasting & Financial Analysis
- Market Sales Potential & Forecasting
- Cost Benefit Analysis
- Marketing Budget
Implementation
- Process
- Strategy Versus Tactics
Evaluating Success
- Controlling & Evaluating
- Performance Standards Or Metrics
The Marketing Plan
Course Methodology
A variety of methodologies will be used during the course that includes:
- (30%) Based on Case Studies
- (30%) Techniques
- (30%) Role Play
- (10%) Concepts
- Pre-test and Post-test
- Variety of Learning Methods
- Lectures
- Case Studies and Self Questionaires
- Group Work
- Discussion
- Presentation
Course Fees
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Course Timings
Daily Course Timings
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session
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