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1537058
Micro-Environment
Description
Degree UCT - Marketing I Mind Map on Micro-Environment, created by Mitch Freedman on 10/27/2014.
No tags specified
uct - marketing i
degree
Mind Map by
Mitch Freedman
, updated more than 1 year ago
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Created by
Mitch Freedman
over 10 years ago
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Resource summary
Micro-Environment
The actors close to the firm that affect its ability to serve the customers
The Company
The marketing department needs to understand
The corporate vision
Mission statement
Values
Goals
Core Capabilities
The intellectual property rights of patents, trademarks, copyright and registered designs
Trade Secrets
Contracts and licenses
Data bases
Information in the public domain
Personal and organizational networks
The know-how of employees, professional advisers, suppliers and distributors
The reputation of products and company
The culture of the organization
The other functions in the company
Suppliers
Can they deliver what you need them to?
Do your values and goals match-up?
Do you have bargaining power or do they?
Marketing Intermediaries
Who are these people?
Businesses that help the firm to promote, sell and distribute its goods to final buyers.
Advertising (above the line), Advertising (Below the line), PR people, media, sponsorship recipients
Customers
Who are they?
Do they have bargaining power over your company?
What is the predicted customer life-time value?
Publics
Any group that has an actual or potential interest in or impact on an organisation’s ability to achieve its objectives
Government
Labour Unions
Citizen-action groups
Competitors
Analyse Market
Identify Competitors
Analyse Competitors
Assess objectives, strategies, strengths and weaknesses and reaction patterns
Plan
Select which competitors to attack or avoid
Who are you competing against?
The set of all actual and potential buyers of a product or service
Are there substitute products?
Define your market position
Market Leader
Market Challenger
Market Follower
Market Nicher
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