Marketing strategy questionnaire.docx

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Marketing strategy questionnaire.docx

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Marketing strategy questionnaire.docx

Marketingstrategyquestionnaire

Marketingstrategyquestionnaire

Preparedby:

Date:

Purpose

Usethistemplatetocapturethekeyinformationthatyouneedtodevelopathoroughmarketingstrategy.Thenusetheinformationthatyoucollect,alongwithotherdevelopmenttools,tobuildyourkeymarketingstrategy.

Thistemplateisdividedintothefollowingquestionsections:

1.Background2

2.Market2

3.TargetAudience2

4.Competition2

5.Offering2

6.Messages2

7.SalesandBuyingProcess2

8.Pricing2

1.

Background

A.Whatbusinessarewein?

(Whatneedsdoesourbusinessmeetinthemarketplace?

(2–3sentences)

 

B.Whatservicesand/orproductsdoweprovide?

(1paragraph)

 

C.Whatareourbusinessobjectivesoverthenexttwoyears?

Beasspecificaspossible,andmakesuretoaddressthefollowinggoals:

∙Numberofcustomers

∙Revenue

∙Profit

∙Marketshare

 

D.Whatcompelledustostartthisbusiness?

 

2.

Market

A.Whatisthemarketopportunity?

Whatisthemarketsize?

Besuretolookatmarketsizewithrespecttogeographyandtoindustry.

 

B.Howcanthemarketbesegmentedintologicalcustomergroupings?

 

C.Whatarethekeyindustrytrendsthatarefuelingoursuccess?

Whatindustrytrendscaninhibitoursuccess?

 

D.Whatistheeconomicclimatenowandinthenextcoupleofyears?

Howwilltheeconomicclimateaffectourbusiness?

 

E.Isourbusinessormarketaffectedbybusinesscyclesorseasons?

Ifso,describehowitisaffected.

 

3.

TargetAudience

A.Whatmarketsegmentsarewetargeting(listsegmentnameandcharacteristics)?

Whatsegmentsarewenottargeting?

 

B.Whatkindofaudiencearewetargeting?

Whatareitsmembers'demographicsandpsychographics(forexample,whatkeepsthemawakeatnight,includingbothfearsandopportunities)?

Listmultipleaudiencesinorderofpriority.

 

C.Whatisourcustomer’sprimaryreasonforbuyingorwantingtouseourproductorservice?

 

D.Whywouldsomeonepreferourofferingversusthatofferedbythecompetition?

(Youmightwanttoanswerthesectiononcompetitionandthencomebacktothisquestion.)

 

E.Arethereanyissuesorconcernsthatthetargetaudiencemighthaveregardingthistypeofproductorservice?

 

4.

Competition

A.Whatcategoriesofcompetitionthreatenoursuccess?

Labeleachcategory,andidentifyitskeycharacteristics.Prioritizethecategoriesfromgreatesttoleastthreatening.

 

B.Whichcompaniesposethegreatestthreat,andhowdotheydifferentiatethemselves?

Whatstrategicortacticalelementsdotheyusethatthreatenoursuccess?

Listthestrengthsandweaknessesforeachoftheseelements.

 

C.Whichcompetitorshavethelargestmarketsharewithinourtargetmarketsegments?

Whichcompetitorshavethegreatestvisibilitywithourtargetaudience?

 

D.Howwillwedifferentiateourselvestobestcombatcompetition?

 

E.Whatbarrierstoentryintothemarketplacearewecreatingforourselves?

 

5.

Offering

A.Whatneedisourofferingdesignedtofill?

Identifytheneedforeachtargetaudience.

 

B.Whatfeaturesandassociatedbenefitsdoesourofferingprovide?

Identifyfeaturesandassociatedbenefitsforeachtargetaudience.

 

C.HowdowedeliverthefeaturesidentifiedinitemB?

Bespecific—thisistheproofthatwecandowhatwesay.

 

D.Ofthesefeatures,whichonesdifferentiateusfromthecompetition?

 

E.Whatimprovementscanwemaketoourofferingtobettermeetcustomerneeds?

 

F.Whatnewofferingswouldourcustomersmostlikeustodevelop?

 

6.

Messages

A.Whatdoeseachofouridentifiedtargetaudiencesknowandbelieveaboutustoday?

 

B.WhatisthesinglemostimportantmessagethatwemustcommunicatetoALLofourtargetaudiences?

 

C.Whatevidencecanbeusedtosupporttheclaimthatwemakeinoursinglemostimportantmessage?

 

D.ListthesinglemostimportantmessagethatwemustcommunicatetoEACHtargetaudience.(ThismightormightnotbethesameanswerasinitemA.)

 

E.WhatevidencecanbeusedtosupporttheclaimsforeachmessagelistedinitemD?

 

F.Whathappyclientsdowehavetodaythatwecanreferenceinourcommunications?

Whatdidtheybuyfromus,andwhyaretheyhappy?

 

G.Whatkindofpersonalitydowewanttoportrayinourcommunications?

Whattone?

Whatflavor?

 

H.Whatisthenetimpressionaboutourcompanyorofferingthatwewantclientsandpartnerstotakeawayaftereachinteractionwithourcompany?

 

7.

SalesandBuyingProcess

A.Whatistheprocessforsellingourservicesorproducts(listthekeymilestonesintheprocess)?

Doweuseanyofthefollowingprocesses?

∙Directpersonalsale

∙Directonlinesale

∙Indirectthroughchannels

 

B.Whoisinvolved,bothfromourcompanyandfromoursaleschannelpartners,ineachstepofthesalesprocess?

 

C.Howdoesourtargetaudiencebuyourtypeofoffering?

Isthepurchaseanimpulsebuyoraplannedpurchase?

 

D.Whatpurchaseprocessstepsdothemembersofourtargetaudiencefollow?

Doesthisprocessvarybasedonthevendorthattheyselect?

Iftheprocessdoesvary,explainhowand/orwhy?

 

E.Whatbuyingcriteriadoesourtargetaudienceusetoselectanoffering?

 

F.Whatcriteriadoesourtargetaudienceusewhenselectingavendororamanufacturer?

 

8.

Pricing

A.Howimportantispriceinthedecisionprocess?

(Seethe“SalesandBuyingProcesssection”above.)

 

B.Whatisourcurrentpricingstructure,includingdiscounts,productoptions,rebates,andsoon?

Doourcustomersunderstandit?

 

C.Whichofourcompetitorsisconsideredthepriceleader?

Whatdoesthepriceleaderchargeforitsoffering?

Howdoesthepriceleaderdetermineitsprice?

 

D.Whatareourothercompetitorschargingfortheirofferings?

 

E.Whatcanbedonetoreducecostswithoutaffectingquality?

 

F.Whattradeoffsofpriceorvalue,orofbothpriceandvalue,docustomersmake?

 

G.Whatistheperceivedvalueofourofferingascomparedtoitsprice?

 

H.Whatservice(s)dowecurrentlyincludeinthepriceofourproduct?

Whatservicescanweconsidernowandinthefuture?

 

I.Arecompetitivepricechangesanticipatedinthenearfuture?

 

J.Whatindustrytrendsaregoingtodrivepricesdown?

Whatindustrytrendsaregoingtodrivepricesup?

 

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