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1、.Unit NineMarketing strategy and plan .ObjectivesnGet the students to be familiar with the concept of marketing strategy.nCultivate the students ability of organizing.nHelp the students grasp the techniques for picking up important details. .Section AnIntroduction nStrategies work out as planned onl
2、y when they are effectively implemented. Therefore, a marketing plan is a written statement of a marketing strategy and the time-related details for carrying out the strategy.Pre-readingnBefore reading the following passage, answer the questions:n1. What do you think is marketing strategy?n2. Do you
3、 think there are any skills in planning marketing strategy?.Text The Importance of Marketing Strategy Planningn The conventional watchmakers both domestic and foreign had always aimed at customers who thought of watches as high-priced, high-quality symbols to mark special events like graduations or
4、retirement. Advertising was concentrated around Christmas and graduation time and stressed a watchs symbolic appeal. Expensive jewelry stores were the main retail outlets.n This commonly accepted strategy of the major watch companies ignored people in the target market that just wanted to tell the t
5、ime and were interested in a reliable, low-priced watch. Therefore, the U.S. Time Company developed a successful strategy around its Timex watches and became the worlds largest watch company. Timex completely upset the watch industry both foreign and domestic not only by offering a good product (wit
6、h a one-year repair or replace guarantee) at a lower price, but also by using new, lower-cost channels of distribution. Its watches were widely available in drugstores, discount houses, and nearly any other retail stores that would carry them. .n Marketing managers at Timex soon faced a new challeng
7、e. Texas Instruments, a new competitor in the watch market, took the industry by storm with its low-cost but very accurate electronic watches using the same channels Timex had originally developed. Nevertheless, other firms quickly developed a watch that used a more stylish liquid crystal display fo
8、r the digital readout. Texas Instruments could not change quickly enough to keep up, and the other companies took away its customers. The competition became so intense that Texas Instruments stopped marketing watches altogether.n While Timex and others were focusing on lower-priced watches, Japans S
9、eiko captured a commanding share of the high-priced gift market for its stylish and accurate quartz watches by obtaining strong distribution. All of this forced many traditional watchmakers like some of the once-famous Swiss brands to close their factories.n Then Switzerlands Swatch launched its col
10、orful, affordable plastic watches and changed what consumers see when they look at their watches. Swatch promoted its watches as fashion accessories and set them apart from those of other firms, whose ads squabbled about whose watches were most accurate and dependable. Swatch was also able to attrac
11、t new retailers by focusing its distribution on upscale fashion and department stores. The total size of the watch market increased because many consumers bought several watches to match different fashions. .n The economic downturn in the early 1990s brought more changes. Consumers were more cost co
12、nscious and less interested in expensive watches like those made by Rolex that were the “in” status symbol a few years earlier. The reemergence of value-seeking customers prompted Timex to return to its famous advertising tagline of the 1960s: “It takes a licking and keeps on ticking.” Its position
13、as the inexpensive-but-durable choice has helped it strengthen its distribution and has given it a leg up in getting shelf space for new products, such as its Indiglo line of watches.n By the turn of the century, the total market for watches was growing at only about 5 percent a year. To spark highe
14、r sales of its lines, Timex pushed to introduce more watches that combine time-telling and other needs. For example, its womens fitness watch includes a pulse timer and on-screen displays; and its Internet Messenger watch, for about $ 100 and a monthly service charge, can receive short text messages
15、, like an alert from the wearers stock broker that its time to sell. .nOf course, all the new features can make a watch more complicated to use, so Timex is refocusing on the need for simple convenience with its iControl technology, which it promotes with trendy ads and the tagline “Ridiculously eas
16、y to use.” Competitors are on the move as well. For example, Casio has a watch with a global positioning system and Swatch is considering a watch with a smart chip that will also make it a debit card. With such changes always underway, marketing strategies must constantly be updated and revised. .n
17、Dramatic shifts in strategy, like those described above, may surprise conventional, production-oriented managers. But such changes should be expected. Managers who embrace the marketing concept realize that they cannot just define their line of business in terms of the products they currently produc
18、e or sell. Rather, they have to think about the basic consumer needs they serve, how those needs may change in the future, and how they can improve the value they offer to customers. If they are too nearsighted, they may fail to see whats coming until too late.n Creative strategy planning is becomin
19、g even more important. Domestic and foreign competition threatens those who cant provide superior customer value and find ways to build stronger relationships with customers. New markets, new customers, and new ways of doing things must be found if companies are to operate profitably in the future a
20、nd contribute to the macro-marketing system. .Post-readingAnswer the questions on the text.n1. What are the conventional stereotypes of watch and watch ads?n2. What are the differences of target market between Timex and Texas Instrument?n3. What are the particularities about Swatch?n4. What are the
21、new retailers of Swatch?n5. What the can “Control” technology bring to customers?.Section B Reading skillsnHow to define the important details?nAsk yourself whether this detail supports the topic. If you ignore this detail, nAsk yourself whether this detail conveys key information. If you delete thi
22、s detail,nAsk yourself whether this detail is closely connected with other key details.nWhere is the key detail?nIt is in the examples, explanation or argument.nIt is digitals, time, statistics, or abbreviations. nIt is names, jargons, capitals, or tables.Speed Reading TasknLets have a glimpse of ma
23、rketing strategy planning process. Use techniques for speed reading to find out the answers to Exercise 1 as quickly as possible.True or falsen 1. _ The headline “sticks like Quattro” gives consumers the impression that Quattro can help the car to hold the road. n 2. _ If you develop a differentiate
24、d poison in U.S., the target customers will just move on. n 3. _ Trends in the internal market environment may make a potential opportunity more or less attractive. n 4. _ A specific screening criteria can help the manager define a better marketing plan. n 5. _ The basic idea behind S.W.O.T. analysis comes from Anilyas son feel adorable to some chemicals in standard detergents.
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