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Strategic Marketing Process
The strategic marketing process involves planning, implementing, and evaluating actions aimed at creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Planning Gap
The difference between a company's current performance and its desired performance or goals.
Marketing Mix
Represents the set of controllable tactical marketing tools—product, price, place, and promotion—that a firm uses to produce a desired response from its target market.
Evaluation Phase
A stage in a project or process where outcomes are analyzed against predefined criteria or objectives to assess performance, success, or areas needing improvement.
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