Page 149 - E1 Integrated Workbook STUDENT 2018
P. 149

The market planning process and the marketing mix





                           The market planning process







                                                   Step 1: Situation
                                                        analysis



                        Step 6 and 7:                                            Step 2: Review

                    implementation and                                              corporate
                            review                                             objectives/mission




                      Step 5: Plan the                                        Step 3: set marketing
                       marketing mix                                                objectives





                                                   Step 4: Devise an
                                                appropriate marketing
                                                 strategy (will include
                                                    segmentation,
                                                targeting, positioning,
                                                marketing mix, market
                                                       research)



























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