This PPT slide, part of the 63-slide Marketing Plan Development Framework PowerPoint presentation, distinguishes between marketing strategy and marketing tactics, emphasizing their roles in achieving marketing objectives. It presents a clear comparison, showcasing that a marketing strategy is theoretical, general, descriptive, broad, and serves as a set of guidelines. In contrast, marketing tactics are operational, prescriptive, detailed, and focused on implementation.
The slide defines a marketing strategy as a statement outlining how a marketing objective will be accomplished. An example provided illustrates this concept by stating a goal to grow sales by 5% through an expanded field sales force. This example highlights the strategic intent behind the objective, which is broad and focused on overall direction.
On the other hand, marketing tactics are defined as the specific actions taken to execute the strategy. They detail the offer, the marketing message, and the method of communication. Another example on the slide specifies a tactic: focusing on selling a particular product to existing customers, demonstrating how tactics translate strategic goals into actionable steps.
This differentiation is crucial for organizations aiming to align their marketing efforts effectively. Understanding the distinction allows for better planning and execution, ensuring that strategies inform the tactical decisions that drive results. The slide serves as a foundational reference for executives looking to clarify their approach to marketing, making it a valuable addition to any strategic planning discussion.
This slide is part of the Marketing Plan Development Framework PowerPoint presentation.
Designed by a firm of ex-consultants from McKinsey, E&Y, and Bearing Point, this is a comprehensive presentation for conducting market analysis and developing a robust marketing plan.
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