Marketing Planning and Practice

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Week2TutorialPlanstructureandPESTEL.pptx

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Marketing Planning and Practice UMKDQD-15-2 Week 2 Tutorial

Presented by

MPP Teaching Team

w/c 15 February 2021

Plan for Today’s Tutorial

Questions arising from week 1

Content of the marketing plan for the assessment

Insight analysis: the macro-environment

Opportunity for any questions arising from the tutorial or general questions around the module

Any Questions?

Structure of the Marketing Plan

The assignment brief shows the structure of the plan

Page 2 and 3 of the brief ‘Assessment Structure’

It is essential that you follow this structure

The marking criteria follows this

Each week will address one (or more) sections of the plan

Week 10 of this module will be a full review of the assignment requirements

Structure of the Marketing Plan

Introduction including an overview of the chosen company.

Industry and Organisational Insight. Identify the most important factors and key issues facing the organisation and the category/industry in which it operates.

One challenge or opportunity, based upon the preceding insight analysis which the marketing plan will address.

Two SMART marketing objectives based on the challenge/opportunity

Identify and justify a proposed strategy.

The tactics (7 Ps) proposed to achieve the objectives and strategy.

Control of the plan to include implementation, monitoring and measurement.

Conclusion.

Reflection which critically assesses the difference between marketing in theory and practice.

References - using UWE Harvard format.

Appendices

Insight Analysis: the macro-environment

Insight Analysis

The lectures explained that there are a range of models you can use:

PESTEL (macro-environmental analysis)

Porter’s Five Forces (micro-environmental analysis)

SWOT/TOWS (internal-external analysis)

If you have questions please ask me!

Whilst you may have used these models in Understanding the Principles of Marketing and/or Applied Marketing Practice we do understand that you may still be unsure

The Macro-environment

PESTEL analysis framework requires:

Range of points relating to the specific factor

Aim for 2-4 points against each one – some may have more

You must include a source for the information you have included to give it credibility

Relates to the category or industry of your chosen brand/organisation

There should be no mention of the brand/organisation specifically (the impact is dealt with using the PESTEL template)

PESTEL Template

The PESTEL analysis should be placed in the appendix

A template is available under Week 2 in the study units section of the course menu

The webinar this week will review potential sources where you might research the environment to help you compile for PESTEL as well as other analyses

Activity: PESTEL Analysis (Macro-environment)

Individually begin to draft a PESTEL analysis for your chosen organisation

PESTEL Factor Key findings Potential impact on the brand/organisation Type: Opportunity/Threat?
Political        
Economic        
Sociological        
Technological        
Environmental        
Legal        

Full template and supporting information can be found on Blackboard

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Any Questions?

Next Week

Read/listen to the video of the lectures before your tutorial/webinar each week

Make a start on your insight analysis

Come prepared with any questions you have as a result of starting your environmental analysis

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