Free PDF Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and Strategy, by Malcolm McDonald
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Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and Strategy, by Malcolm McDonald
Free PDF Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and Strategy, by Malcolm McDonald
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Malcolm McDonald on Marketing Planning guides readers through the production of a marketing plan made to work in the real world. With the emphasis on practicality, this book covers the essentials of marketing planning and the strategic marketing process. Key content includes: defining markets and segments, setting marketing objectives and strategies, advertising and sales promotion strategies, and price and sales strategies. Test questions at the end of each chapter aid understanding. � Written by an authority on marketing plans, this book is useful for any busy marketing professional who needs a short, sharp revision of their planning skills, or a handy guide to put their plans on the right track.
- Sales Rank: #2984363 in Books
- Brand: Brand: Kogan Page
- Published on: 2008-01-01
- Original language: English
- Number of items: 1
- Dimensions: 215.00" h x .56" w x 6.68" l, .79 pounds
- Binding: Paperback
- 208 pages
- Used Book in Good Condition
Review
“Takes us through the entire process, starting with the fit of marketing planning with corporate planning, marketing audit and formulation of strategy through to development and implementation of the plan.” -- Professional Marketing
About the Author
Malcolm McDonald enjoys a global reputation as a leading authority on marketing.� He is chairman of six companies and spends much of his time working with the boards of companies such as IBM, Xerox, and BP.� His ideas are valued for their pragmatism and his writing is known for being clear and accessible. �Until recently he was Professor of Marketing and Deputy Director at Cranfield School of Management, UK.
Excerpt. � Reprinted by permission. All rights reserved.
1. Understanding marketing planning; 2. How marketing planning fits with corporate planning; 3. The strategic marketing planning process and the marketing plan; 4. Defining markets and segments prior to planning; 5. Understanding products and services prior to planning. 6. Setting marketing objectives and strategies; 7. Advertising and sales promotion strategies. 8. Sales strategies; 9. Price strategies; 10. Place (distribution and customer service) strategies; 11. Information and organization; 12. Making marketing planning work; 13. Next steps...
Most helpful customer reviews
0 of 0 people found the following review helpful.
How to develop a marketing plan based on 2 questions.
By Douglas N. Burdett
[[VIDEOID:c0f66b2663a1badfad312f00bbc540de]] Hi I’m Douglas Burdett, host of The Marketing Book Podcast and I’d like to tell you about the book “Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and Strategy” by Professor Malcolm McDonald.
So what’s this book about? Here’s what the author said:
“This book is, quite simply, about how to develop a strategy for making lots of money.”
In the book, Professor McDonald explains that most companies cannot answer two simple questions. Two simple questions that are the keys to marketing success, business growth and “making lots of money.” The first question is “what are your key target markets in order of priority?” Most people answer this with some kind of product answer. And that’s the wrong answer.
IBM nearly went bankrupt because they thought they were in the mainframe market. Kodak thought they were in the film market. Nokia thought they were in the phone market, and so on.
The second question is “In your key target markets, what are your company’s sources of differential advantage?” The author explains that “it is only by selling something to someone that money can be made and we need to know who to sell to, what they really need and why they should buy from us rather than someone offering something similar."
Now while the two questions may seem simple, the answers can be elusive. Answering those two questions is what this book is all about.
The book walks you through exactly how to go about getting (or developing) answers to those to questions. And don’t be surprised when you find that the answers to those questions are found not in marketing and promotion, but in business strategy. A Fournaise Group study of marketing effectiveness found that 80% of CEOs do not really trust and are not very impressed by the work done by marketers.
The core source of the problem is that CEOs believe marketers are too disconnected from the short-, medium- and long-term financial realities of companies. And that’s because these CEOs think that marketers too often lose sight of what their real job is: to generate more customer demand for their company’s products and services in a measureable way.
Marketers are too disconnected from the financial realities of companies.
If do not want to be lumped in with marketers who are perceived by your CEO as disconnected from the reality of your business, take the approach outlined in “Malcolm McDonald on Marketing Planning” and you your job security and value to your company will increase dramatically.
And to listen to an interview with Professor McDonald about “Malcolm McDonald on Marketing Planning,” visit MarketingBookPodcast.com.
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