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What is Strategic Marketing?Creating Value for Customers: demonstrate an understanding of the concept of value creation.

MRKT 310 Principles of Marketing

Week 3 Writing Assignment

Part 1 – What is Strategic Marketing?

Learning Outcomes

Creating Value for Customers: Student can demonstrate an understanding of the concept of value creation.

The Role of the Customer in the Company’s Strategic Planning. Student can assess the company’s commit to serving customer needs as evidenced in a company’s mission statement.
SWOT analysis: Student can conduct a simple SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) of a product or service offering and draw inferences from an analysis of the results.

Competitive Analysis: Student can conduct a simple competitive analysis based on criteria important to the customers of the product or service.