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converted to customers, profits, other measures) Usually stated in quantitative terms. VI. MARKETING STRATEGY AND OBJECTIVES 1. Target Market Segment/Customer Group for this Strategy 1. Benefits Sought by this Target Market Segment/Customer Group 1. Basic Theme and Focus of the Marketing Strategy 1. Specific Elements of the Marketing Strategy (Marketing Mix) Product Strategy a. Recommendations for Product(s) (how does product help reach marketing objectives?) b. Recommendations on Tangible and Intangible Elements of Product c. Brand, Packaging, Warranty/Guarantee, Returns/Allowance Elements Pricing Strategy a. Actual Value and Pricing Policy (how does price help reach marketing objectives?) b. Environmental influences on pricing policy (what affects this price?) c. Competitor actions/reactions to pricing policy