Marketing Planning and Practice

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Week8WebinarThecontrolsectionoftheplan.pptx

Marketing Planning and Practice UMKDQD-15-2 Week 8 Webinar

Presented by

Michelle Jackson/Mike Healey

w/c 12 April 2021

Plan for Today’s Webinar

This webinar considers the final section of the report and how to cover implementation, monitoring and measurement to control your plan

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

Control of the Plan

In this final section of the marketing plan you will show how you will control your plan

Involves:

Implementation

Monitoring

Measurements

Control of the Plan

Final section should c500 words

Can be split as you think appropriate

Must cover all areas of control for the marketing plan

Implementation

Monitoring

Measurement

Implementation

Implementation is the process of putting a decision or plan into effect

Execution of the marketing plan

Specific actions that will ensure the marketing objectives are achieved

Is there anything that might prevent your plan from being implemented?

The inclusion of a Gantt chart to show the planned timetable of activity

Monitoring

How will the plan be monitored?

An indication of how frequently you will check on your plan – links with measurement

More frequently for social media

Sales figures weekly/monthly

Brand awareness/salience less frequently

Who will be monitoring the plan?

Marketing manager/brand manager

Measuring

Which measurements/metrics will be used to meet the objectives set?

Which measures can be used for the activities in the tactics section?

Can use a table format if that helps (still counts towards your overall word count)

Example:

Activity Measure
Obj 1: Sales Internal figures
Obj 2: Brand awareness Consumer research
Facebook campaign Likes, shares

Hard versus Soft Controls

Quantitative controls assess performance and cost effectiveness according to hard facts

Objective

Sales analysis

Market share analysis

Qualitative controls

Customer surveys

In-house customer panel

Evaluate how customers feel not only about the business’s products and services, but about the business as a whole.

Subjective

Brand engagement

Brand awareness

Soft controls aren’t as clearly measured as hard (quantitative) ones.

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Overview of the Control Section

Implementation, monitoring, measurement (control) gets a pretty poor deal in the planning process

Final item in a list of essential marketing plan elements downplays its importance.

Not required to propose a budget - acknowledge that there will be costs involved

Next Week

We will consider the next section of the marketing plan – the reflection on marketing planning

This will conclude the marketing plan report

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Any Questions?

You can stay with the webinar session if you have questions (audio is preferred but you can use the chat box too).

If not please feel free to leave the session. There will be opportunities to ask questions at the end of every webinar session.