Marketing Mix

 This are somethings that you have to know about marketing.

Swot analysis:

When the marketing department or in any particular area of a company requires generating changes or developing strategies, a situation analysis is recommended as a basis.

It allows identifying various aspects that should be considered before making changes in the organization. Consider 4 important criteria:

Internal 

External 

Control 

Non-controllable factors 


This are 4 swot analysis:

Strength: 

Qualities that separate you from competitors.

Tangible asset such as intellectual property, capital, proprietary technologies, etc.

Things your company does well.

Examples: Standardized processes, use technology, have a diversity of branches, among others.


Weaknesses:

Things your company lacks.

Resources limitations. 

Things your competitors do better than you.

Unclear unique selling proposition.

Examples: little time in the market, they do not have certification, among others.


Opportunities:

Few competitors in your area.

Emerging need for your products or services.

Underserved markets for specific products.

Examples: Reduction of taxes on our products, the government offers free training, congresses are held to link with others companies, among others.


Threats:

Changing regulatory environment.

Changing customer attitudes toward your company.

Emerging competitors.

Examples: New competitors, increased tariffs, greater legal regulation, among others.


Marketing implementation:

Is the process that turns marketing plans into action assignments and ensures that such assignments are executed in a manner that accomplishes the plan’s stated objectives

Good implementation is critical to the overall success of the organization.

Process that converts marketing strategies and plans into actions to achieve objectives.


ISSUES IN MARKETING IMPLEMENTATION

Planning and implementation are interdependent processes

Planning and implementation are constantly evolving

Planning and implementation tend to be separated within the organization 




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