A Critical Study On Marketing Planning - 4038 Words

Title: A Critical study on Marketing Planning Module Name: Marketing Planning Student Name: Sad Uddin Student ID: Lcc20135522 Date of Submission: 07/07/2014 Executive Summary: Today it is said that customer is the king of new business world. It is consider customers are the key place in new business. Global business process is always changing for only one reason is customer. Customer’s interest is influenced by various factors such as environment, culture, technology and so on. Company’s main focus is to fulfill customer needs and retain profitable customer by increasing life time value of the customer. And for all doing Tasks Company develop a suitable marketing plan to gain the objective in an ethical way. All†¦show more content†¦2012 Olympic D1 Critical reflection to justify for distribution policy. 3.5 Timing, design and financial aspects affecting the plan. 09-13 04. Ethics in Marketing and associating ethics in organization. 4.1 Ethical issues influencing marketing planning 4.2 Adidas respond to ethical issues (child labour) 4.3 Consumer ethics for Adidas and its effect on marketing 13-14 Introduction: Uncertainty exists in each and every step of business and business process. If there is high risk, there is a chance of high profit in return .And the fact depends on perfect operational excellence. SWOT, PESTAL, FIVE FORCES analysis and STP approach help business to find out micro and macro factors that influence business operation. Company can understand about the environment and its customer. Thus it may create high competition among the business world. 01. Changing perspectives of Marketing Sportswear 1.1 Changing perspectives in marketing planning: At present, Sports merchandising is becoming most profitable business. It has huge potentiality. Some famous companies like Nike, Puma, Adidas, and Bata are leading the sports market nationally internationally. The pattern of sports business takes a new strategic business perspective for the changing of sportsShow MoreRelatedSwot Analysis Of Marketing Planning Procedures1303 Words   |  6 Pages The SWOT Analysis and its Importance in Marketing Planning    Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In order to run a thriving business, you must be very knowledgeable about your customers, operation, competitors and the environment.  When it comes to market planning  many important factors must be taken into consideration. According to the business dictionary market planning is the procedure of examining one or more of prospective marketplacesRead MorePursuing A Career As A Financial Planner Essay1652 Words   |  7 Pagescommercial banking. The size of the firm won’t matter to me, but the culture and structure of the firm will. 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