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5 Cs of Marketing
Posted in Marketing and Strategy Terms, Total Reads: 21939
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5 Point Annual Average 1. Customer Determine what are the needs and from which clients that youre trying to
5 Whys satisfy. A few areas of research can be market segments, frequency of purchases, quantity
5S Program of purchases, retail channel, and customer needs depending on trends over time.
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2. Company Determine if your company is in a position to meet those customer needs. For example, whether your
company has the right product line and technical expertise. A good tool to nd out your companys strengths and
weaknesses is SWOT analysis.
Strengths: innovative products, expertise and procedures
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Weaknesses: lack of knowledgeable technical support or average product quality
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Opportunities: a new international market or a market led by a weak competitor
Logos. Taglines. Trivia. Finance. Marketing. HR. Operations
Threats: a new competitor or price war
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3. Competition Determine who competes with your company in meeting the customers needs. Is the competitor an
active competitor or is it a potential threat? What are their products exactly? What are their strengths and weaknesses? Dictionary
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Marketing Mix
4. Collaborators Determine if there is any outside source or third party help that can help the company such as
distributors, suppliers etc.
Dictionary
5. Context Determine if there are any limitations due to
Break Even Point
Political issues: legal problems, trade regulations, taxes or labor laws
360 Degree Feedback
Economic issues: growth rate, labor costs, and business cycle stage Brand Equity
Inventory Costs
Social impacts: demographics, education, and culture
CAGR
Technological developments: impact on cost structures
Sales Quota
This is also known as PEST analysis. Warehouse Management System
Career Development
EBITDA
More Denitions
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