Principles of Marketing: Quarter 2 - Module 5: Managing Marketing: Analysis, Planning, Implementation and Control
Principles of Marketing: Quarter 2 - Module 5: Managing Marketing: Analysis, Planning, Implementation and Control
Principles of Marketing: Quarter 2 - Module 5: Managing Marketing: Analysis, Planning, Implementation and Control
Quarter 2 – Module 5:
Managing Marketing: Analysis,
Planning, Implementation
and Control
What I Know
In addition to being good in marketing, companies also need to pay attention
to management. Managing the marketing process requires the four marketing
management functions.
Below is a design road map. Place the required marketing management function into proper
places including significant terms. Word pool is provided as a guide to create managing
marketing design map. Word pool
2__________
3__________
4__________
5__________
7__________
8__________
10_________
11
12_________
13_________
14_________
______
√
Lesson Managing Marketing:
5 Analysis, Planning,
Implementation and Control
Analysis
Evaluate Results
Develop marketing
plans Take corrective
action
Managing the marketing process requires the four marketing management functions
--analysis, planning, implementation, and control. The company first develops
company-wide strategic plans and then translates them into marketing and
other plans for each division, product, and brand. Through implementation, the
company turns the plans into action. Control consists of measuring and evaluating
the results of marketing activities and taking corrective action where needed. Finally,
marketing analysis provides information and evaluation needed for all the other
marketing activities."(Kotler & Armstrong, 2012: p.53)
Marketing Analysis
Opportunities and threats are measured as part of an external analysis. Both can
occur when things happen in the external environment that may require a change
within the business. These external factors may include market trends, supplier or
partner changes, customer flows, increasing competition, new technology, and
economic upturns or downturns.
Marketing Implementation
Marketing implementation is the process that turns marketing plans into
marketing actions to accomplish strategic marketing objectives. Whereas
marketing planning addresses the what and why of marketing activities,
implementation addresses the who, where, when, and how." (Kotler & Armstrong,
2012: p.54)
Marketing Control
1.____ 3.____
2. ____
4.____
Word Hunt. Find 10 managing marketing key terms that are hidden in
the grid. The words may either be positioned vertically, horizontally or
diagonally.
I A B C D E G F H E K
M A R K E T I N G L
M
A A U D I T D E F S
P
A N R B T A E R H T
L
G A B K D F G H L R
E
A L W E E O N T H E
M
B Y C O N T R O L N
E
C S H J K L I N M G
N
D I A B C D E N L T
T
E S N M G H I L G H
A
F Q W E R T Y U I O
T
P L A N N I N G U P
I
P P O R T U N I T Y
O
W E A K N E S S Q R
N
What I Have Learned
Managing the marketing process requires the four marketing management functions
--analysis, planning, implementation, and control. The company first develops
company-wide strategic plans and then translates them into 1. _____________________
and other plans for each division, product, and brand.
Through 2.____________________, the company turns the plans into 3.
__________________. Control consists of 4. ____________________and evaluating the
results of marketing activities and taking 5. ___________________ where needed.
6.__________________ provides information and evaluation needed for all the other
marketing activities.
6. Internal limitations
7. Systematic analysis of
marketing environment
8. Favorable external factors
9. Unfavorable external factors
10. Complete analysis of the
company’s situation
Assessment
Directions: Read each statement carefully. Tick (/) the column
where managing marketing term is being described.
MANAGING
MARKETING ANALYSIS PLANNING IMPLEMENTATION CONTROL
1. Offers
accurate
information to
each other
functions
2. Taking
corrective
actions
3. Do things right
4. Addresses
what and why
5. Addresses
who, where
when and how
6. Involves
choosing
marketing
strategies
7. Monitor
progress
8. Explains how
each strategy
responds to
situations
9. Measure
results
a. Analysis
b. Planning
c. Implementation
d. Control
e. Audit