Conduct a search of "the difference between marketing strategy and tactics" and scan the results. Select a few entries to explore in depth and post relevant excerpts which you think draw the clearest and most correct distinctions between the two levels along with your comments on those excerpts and the topic in general.
The research activities show that marketing strategy is a plan that can achieve the goals, whereas the tactics is the activity that is used to execute the plan. It means that tactics are the tool that is used by the marketing strategy to achieve the goals. Further, another difference shows that marketing strategy is broad, sets goals and bring competitive advantage, but tactics are narrow, whose work to perform activities that can help strategy to get implemented. So, tactics are dependent upon the market strategy. A change in marketing strategy will lead change in tactics.
It is true that marketing strategy
and tactics are important for any plan to get effectively
implemented, but it is also true that there are differences in
marketing strategy and tactics as the problem statement suggests.
Here, tactics are dependent upon the marketing strategy. As the
marketing strategy changes, then the tactics change. For example, a
marketing strategy to attract masses will deploy tactics that will
promote cost advantage and standard quality to cater their needs.
But, marketing strategy for niche segment, will deploy tactics to
focus upon the quality, status symbol and other specific benefits.
So, changing the strategy, will cause tactics to be changed.
Further, it is the effective tactics that can bring more success to
the strategy. So, there is a presence of interdependencies between
strategy and tactics.
Conduct a search of "the difference between marketing strategy and tactics" and scan the results. Select...
Discussion questions 1. What is the link between internal marketing and service quality in the airline industry? 2. What internal marketing programmes could British Airways put into place to avoid further internal unrest? What potential is there to extend auch programmes to external partners? 3. What challenges may BA face in implementing an internal marketing programme to deliver value to its customers? (1981)ǐn the context ofbank marketing ths theme has bon pururd by other, nashri oriented towards the identification of...
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9. If the stable developers such as HRI have a total debt-to-total assets ratio in the range of 48-55 percent, how much flexibility for future financing will HRI have if is issued at present? Case 31 The Debt versus Equity Financing Alternative High Rock Industries Kathleen Crawford, president and CEO of High Rock Industries, reflected upon the company's growth since its inception in 1975. That growth, indicative of the activity in land development in the mid-Atlantic region of the United...