Q3 - Principles of Marketing - Week 6
Q3 - Principles of Marketing - Week 6
Activity 1: McDo
Directions: Read and answer the given questions. Write your answers in your
notebook.
B. Development All businesses have a mission that defines their purpose and intent of
Pagpapaunlad existence. In order to achieve this mission, the company creates smart goals
and strategies to determine how it can best be achieved. Here, marketing
110mins strategy plays an important role. The company strategy provides the
direction for the whole company. The role of marketing strategy is to support
and align itself with the company’s strategy to ensure survival and success.
Strategic Marketing
Strategic Marketing/Planning is the roadmap designed to achieve the
company’s goals and objectives. It identifies the organization’s behavior in
the market by analyzing your internal and external environment and
determining how you will attain and retain a competitive edge over your
chosen niche. It also includes maximization of the company’s available
resources.
Marketing Strategy
Mission Situation Objective Evaluation
Strategy
Identification Analysis Setting Devt
and
Control
So, R. C. & Torres, O.G.( 2016) DepEd Principles of Marketing Textbook. Quezon City. Vibal Group
I. Mission Identification
A mission statement defines the core principles of your organization. Why you
exist, company culture, the value you provide and delivered, your
products/services, how you communicate with customers, geographical
area of operation, etc.
The strategic marketing process is putting all the pieces together to the
creation of products and services that will delight your customers, outdo your
competitors, and contributes to the success and long-term retention of your
business.
Activity 2: I am Smart
Directions: You are now familiar with the idea of SMART goal setting. In a
clean sheet of paper, write your own SMART goal to finish your senior high
school study. You can make it colorful or as creative as you can. Be ready
to share it with your classmates or any member of your household.
Tactical Marketing
Tactical Marketing/Marketing Planning is the more granular means that
directly support your strategic marketing. It is how your strategy comes to life.
It focuses on the details of how you will execute your strategies. It includes
advertising, sales promotions, building websites, following up, establishing a
budget that financial limitations should be considered in carrying out these
activities.
So, R. C. & Torres, O.G. (2016) DepEd Principles of Marketing Textbook. Quezon City. Vibal Group
SWOT Analysis
It is a strategic framework use to audit an organization and its environment.
The acronym SWOT stands for Strengths, Weaknesses, Opportunities, and
Threats.
INTERNAL FACTORS
Strength Weaknesses
Things your company does well Resources limitations
Company’s tangible assets Things your competitors do
better than you
Internal resources Weak brand name
Qualities that separate you from Poor reputation
competitors
EXTERNAL FACTORS
Opportunities Threats
Emerging needs and wants New competitors and/or
substitute products
Underserved markets for specific Unstable politico-legal,
products environmental regulations
The arrival of new technology Trend changes
VI. REFLECTION
In your notebook, write your insight about the lesson using the prompts below:
5 mins
I understand that ________________________________________________.
I realize that _____________________________________________________.
I need to learn more about ______________________________________.
Prepared by: Ma. Cristina F. Pabalate, SDO Imus City Checked by: Feliz A. Tayao, Cherie L.
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