5 C's of Marketing Strategy

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Description of 5 C's of Marketing Strategy. Explanation.

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Definition 5 C's of Marketing Strategy. Description.


The 5 C's of Marketing Strategy provides a quick checklist on some important things to consider when crafting a marketing strategy:

  1. Customer Needs. What needs from which clients do we seek to satisfy? Compare: Customer Satisfaction Model

  2. Company Skills. What special competences do we possess to meet those needs? Compare: Core Competence  |  SWOT Analysis

  3. Competition. Who competes with us in meeting those needs? Compare: Competitive Advantage

  4. Collaborators. Who should we enlist to help us and how do we motivate them? Compare: Strategic Alliance

  5. Context. What cultural, technological and legal factors limit what is possible?  Compare: PEST Analysis



Marketing Strategy Forum (5 topics) Help
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  5 C's in Developing Countries: Add Corruption as 6th C?
In terms of relationship marketing, the 5 Cs come in very handy. It has been used and implemented in various successful businesses all across the world.
However when we take account of developing economies, another C comes into picture wh...
     
  The 4 C's of Customer Relationship Management versus the 5C's of Marketing
Is there a relationship with 4 c's of customer relationship management to 5c's of marketing?...
     
  Strategy of 5C's and Relationship Marketing
This strategy of 5C's is one of the most important concepts of relationship marketing. When I started to apply this concept in the process of relationship marketing campaigns and customer loyalty, the sales pipe line was much easier to analyze...
     
  5 C's of Customer Creation Dovetails with 5 C's of Marketing Strategy
We define the 5 C's of Customer Creation as: Consciousness, Curiosity, Contemplation, Contract, Contentment.
This model helps marketers to construct various sales and promotion activities matched to where the prospect is in the sales c...
     
  Why Competitive Pricing? Reasons for Competitive Pricing
The goal of every company, whether a conglomerate or a start up is to "kill competition". That is if they are in it for the profits. Competitive pricing is one key way of achieving this....
     
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Interview Philip Kotler About Ethical and Societal Aspects of Marketing

Philip Kottler comments on Peter Drucker's and his own views on the role and purpose of marketing in business and management.
Topics includes are...
Usage (application): Ethical Marketing, Marketing Ethics, Purpose of Business, Purpose of Marketing, Social Marketing

The Importance of Noncustomers

Even the biggest enterprises (other than a government monopoly) has many more noncustomers than it has customers". Peter Drucker in "Management Challe...
Usage (application): Market Research, Customer Strategy, Innovation Strategy, Customer Survey Pitfalls

The Importance of a Long Term Focus on the Customer

Ohmae explains the importance of the fundamental belief that all actions of a company need to be good for all concerned, especially the customer.
...
Usage (application): Interview Ohmae on the Need for a Long-term Customer Focus

Speech of Trout on the Importance of Marketing

Jack Trout refers to Druckerís advice: "Because the purpose of a business is to create a customer, the business enterprise has two, and only these two...
Usage (application): Trout on the Value of Marketing, Background of Trout
 

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Compare with: 7 P's Extended Marketing Mix  |  SOSTAC  |  Customer Relationship Management

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