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Strategic MarketingAll organizations need to innovate to stay alive, adding new products and services at a rapid rate, moving into new markets and new geographies. This brings critical challenges: making sure that new ideas are fed into the development cycle and move out to the market; clearly identifying the customers in the new markets, how you reach them and those they are influenced by; and then executing to generate income. Strategic Marketing is a structured approach to the overall management of the process by which innovation is translated to products and services which customers buy. Strategic Marketing delivers:
The chart below shows in blue the primary elements that contribute to Strategic Marketing. Click on a box to get more detail on that function. |