Marketing Strategy and Competitive Positioning pdf ebook
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hooley graham et al marketing strategy and competitive posit
see also strategic collaboration
collaboration marketing 273 commercialisation of new products 347–8 commercialisation times, shortening of 65–6 commitment as risk in strategic alliances 442 commoditisation strategies 393 commodity buyers 366 communal activation (4Cs) 317 communication behaviour, segmentation by 188 communication with customers 372 communications aspect of internal marketing 468 communications strategies in marketing mix 305–11, 307–8 AIDA model 306 decisions 306–7 Internet use 308–11 advertising audience measurement 311 display advertising 309 pre-launch promotion 311 social media marketing 310–11 process 305 tools 307–8 communications tools 306–8 advertising 307 direct marketing 307–8 effectiveness 308 personal selling 307 public relations (PR) 307 sales promotions 307 sponsorship 308 communities, marketing to 236 community 16, 17 companies changes in 242 fines for 389 responses to CSR 513–16 defensive approaches 514 denial/rejection 513–14 employee/manager perceptions 514 limited engagement 514 572 INDEX companies (continued ) new business models 514–15 social credibility 514–15 stakeholder perceptions 514 strategic moves 514 see also unique on companies; vanguard companies company credibility for sustainable competitive advantage 273–4 company name 150 company records 98–9 company size, segmentation by 190 company social credibility and CSR 515–16 company technology, segmentation by 190–1 Compaq Computer Corporation 317 competencies 33 distinctive 33, 34–5, 258 inside-out 532, 540 marketing 531–2 outside-in 532, 540 spanning and integrating 532 see also core competencies competition 40, 58 changing trends 528 Five Forces model of 72–6 quality of, in market attractiveness 239–40 retaliation 73 competitive advantage 20, 146 differentiation 124 low-cost focus 123 routes 46 see also sustainable competitive advantage (SCA) competitive convergence trap 144 competitive differentiation 455 competitive factors in market attractiveness 239–40 competitive information, obtaining and disseminating 133–5 competitive intensity 413–14 competitive one-upmanship 339 competitive positioning 24, 44–7, 146 brands 152 differential advantage 45–7 cost leadership 45–6 differentiation 46 distinction with market segmentation 171–3 market targets 44–5 in pricing strategies 301 principles 173–5 and service 361–4 low service strategy 362–3 under- and over-searching traps 363–4 competitive positioning strategies 534–41 customised 540–1 differentiated benefits 538–40 innovation 536–7 price 535 quality 535–6 service 538 competitive posture in SPACE analysis 87 competitive strategies 274–85 build strategies 274–7 market expansion 274–5 market share gain through competitor confrontation 275–7 holding and defensive strategies 278–82 defensive strategies 278–82 market maintenance 278 competitiveness drivers in Five Forces model 75–6 competitor analysis 114–39 competitor benchmarking 116–18 aspects of business 116–17 comparisons own processes 118 processes and operations 117 competitors 116–17 competitor information, obtaining and disseminating 133–5 competitor intelligence, disseminating 135–6 components of 120 dimensions of 118–31 capability profiles 127–9, 128 current and future objectives 120–2 underlying assumptions 121–2 current strategies and activities 122–7 marketing mix 124–5 marketing organisation 125 strategic focus 123–4 target markets 123 value-chain analysis 125–7 future strategies 129–31 retaliation 130 vulnerability 130 industry competition 118–19 marketing and sales 126 new-style competitors, entry of 118–19 substitutes 119 good competitors, choosing 131–3 stages of 120 competitor-defined markets 233–4 competitor information sources of 134 dirty tricks 135 double agents 135 former employees 135 intermediaries 134–5 leakages 134 propaganda 134 publicity material 134 surveillance 135 competitor intelligence 135–6 competitor orientation 8, 11 competitor pricing levels 301 competitors capabilities profiles 127–9 changes in 243 and CSR 507–8 complexity, isolating mechanism 147 components in strategic alliances 445 computer chips 68 573 INDEX concentrated marketing 248, 249–50 concentric networks 436 conflicted consumers 504 confused positioning 174, 175 confusion pricing 332 conquerors for build strategies 285 Conscious Consumers 5 Conscious Economy 487 conservative posture in SPACE analysis 87 consumer life cycle in segmentation 182–3 consumer markets, segmentation in 177–89 background customer characteristics 177–86 ACORN and related classificatory systems 183–4 consumer life cycle 182–3 demographic 178–80 lifestyle 184–5 personality 184 socio-economic 180–2 summary 186 customer attitudinal characteristics 186–7 benefit segmentation 186 perceptions and preferences 186 summary 187 customer behavioural characteristics 187–9 communication behaviour 188 consumption behaviour 187–8 marketing mix 188 purchase behaviour 187 relationship-seeking characteristics 188–9 summary 189 consumers concept of 6 and CSR 500–1, 503–4 and ethical products 491–2 ethics and social responsibility 501 consumption behaviour, segmentation by 187–8 contingency planning 50 continuous daily activity versus sporadic projects mindset 477 continuous improvement 22–3, 98 contraction defence for sustainable competitive advantage 281 convenience stores 84 conventional buyer-seller relationship 408, 409 conversation (4Cs) 317 Cook, Tim 352, 353, 522 cooperation in innovation 334–5 cooperative partnerships 433 copyrights in internal marketing support assets 157 core business 232 core capabilities 148–9 core competencies 34, 258 management of 444 core product 264, 264–5, 269 core strategy, establishing 34–44 key factors for success (KFS) 41–4 increasing market share 43 market expansion 42–3 marketing objectives 41–2 profitability, improving 43–4 markets served 38–40 organisational resources 34–8 distinctive competencies 34–5 portfolio planning 36–8 product portfolio 35–6 SWOT analysis 40–1 corporate capabilities as market segmentation problem 197 corporate citizenship 493 corporate culture in internal marketing support assets 157 as market segmentation problem 197 corporate expenditure 393–4 corporate hospitality 491 corporate objectives in pricing strategies 301 corporate philanthropy 490 corporate reputation and CSR 487–9 correspondence analysis 225 cost advantages in internal marketing support assets 156 cost leadership drivers capacity utilisation 261 in competitive advantage 45–6, 46–7 economies of scale 260 experience and learning effects 260–1 integration, degree of 262 interrelationships 262 linkages 261–2 location and institutional factors 263 policy choices 262 summary 263 timing 262 cost plus pricing 303 cost reductions in new product innovation 341 counter-offensive defence for sustainable competitive advantage 280 country of origin (COO) 153–4 Country Properties 381 Cravens, D.W. and Piercy, N.F. 429, 434 creativity 343 defining 343 management of 343 criteria and market attractiveness 242 critical success factors (CSFs) see key factors for success (KFS) CRM (customer relationship management) 118, 314–15, 373–4 capabilities 161 criticisms of 374 customer loyalty 356 open marriage 356 pitfalls 374 successful implementation factors 374 technology expenditure 391 cross-validation approach 214 crown jewels resources 162 574 INDEX CSR (corporate social responsibility) 485–519 benefits to business 493–4 companies’ responses to 512–15 company social credibility 515–16 defensive approaches 514 denial/projection 513–14 employee/manager perceptions 515 limited engagement 514 new business models 514–15 stakeholder perceptions 515 strategic moves 514 countering intuition 500 criticisms of 498–9 customer value and 516–17 defensive initiatives 502–8 business-to-business customers and 504–5 competitors and 507–8 consumers and 500–1, 503–4 employees and managers 507 investors and 505 lobby groups and 505–6 suppliers and 507 drivers of 495–7 EC Green Paper (2001) 487 ethics and corporate reputation 487–9 exaggerated and misleading claims 499 future of 489–90 and innovative competitive advantage 508–12 internal company barriers 501–2 international differences 501 justifications for licence to operate 496 moral obligation 496 reputation 496 sustainability 496 marketing strategy and 490–2 overview as ethics-driven 494–5 as managerial process 495 as social obligation 494 as stakeholder obligation 494 risks and negative outcomes 497–8 scope of 493–5 unintended consequences of 499–500 Cubic Transportation Systems 423 Culliton, J. 287 cultural blocks to innovation 349 cultural environment 61–5 culture in marketing 7 Cunard 121–2 currency (4Cs) 317 current customers 95–7 customer analysis 94–113 information 107–10 current customers 95–7 expert systems 110 future customers 97–8 managerial interface 109 market models 108–9 marketing analytics 109 marketing decision support systems 108, 110 marketing information system (MIS) 107 raw data 108 statistical techniques 108 marketing research 98–106 company records 98–9 off-the-peg research 100–1 process 106–7 tailor-made research 101–6 customer attitudinal characteristics business markets 191–2 consumer markets 186–7 customer attractiveness 413–14 customer-based marketing assets brands 151–3 company name and reputation 150–1 country of origin (COO) 153–4 market domination 154 superior products and services 154 customer behavioural characteristics business markets 192–3 consumer markets 187–9 customer business development (CBD) 388 customer capabilities, segmentation by 191 Customer Care Research 106 customer-company interface 375–6 customer contacts 362–3 customer-defined markets 233–4 customer delight 24, 368–9 customer demands 431–2 customer focus 19–20 customer intimacy in value disciplines 144 customer-led marketing 13–14 customer linkages for sustainable competitive advantage 273 customer location, segmentation by 190 customer loyalty 356, 357, 364 in strategic account management 415–16 customer needs 171 customer orientation 8, 10 customer portfolios managing 406–8 direct channel 406 major accounts 407, 408 middle market 407 strategic accounts 407, 408 mapping process 408 resource allocation 399 customer relationship management (CRM) see CRM (customer relationship management) customer relationships 391–2 requirements 414–15 customer requirements, identification of 24 customer retention 357, 358, 368 brands 152 customer satisfaction 357, 364 alienation 463 575 INDEX assessment 370 coercion 463 internal euphoria 463 measuring and monitoring 377–80 four-step approach 377 gap analysis 379 surveys 377 studies 462–3 synergy 463 customer service 364, 369 networked operations 446–7 customer technology, segmentation by 190–1 customer to customer (C2C) markets 305 customer value 302–3 creating for sustainable competitive advantage 257–8 and CSR 516–17 customer value analytics (CVA) 109 customer versus product mindset 477 customers bargaining power, market attractiveness 238 barnacles 356 building relationships with 367–9 butterflies 356 and CSR 491–2 demands 527 internal marketing of 401–2 key 532–3 loyalty 356 marketing messages, overwhelmed by 356 power of, online 299 requirements 355–6 sophistication and complexity 392–3 as stakeholders 16, 17 strangers 356 true friends 356 types commodity buyers 366 most valuable 366 Download 6.59 Mb. 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