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Marketing strategy SOSTAC model provides a structure and blueprint to support and guide organisations to achieve objectives and meet strategic imperatives. Key elements discussed include using SWOT analysis to capture information from a Situation analysis, setting Objectives using the SMART format, using the TOWS matrix to establish a Strategy. The operational part of the planning model is covered using Tactics (plans and programmes), Action (orchestration and timing) and Control (KPIs from objectives and ROI).
By Andrew TraversMarketing strategy SOSTAC model provides a structure and blueprint to support and guide organisations to achieve objectives and meet strategic imperatives. Key elements discussed include using SWOT analysis to capture information from a Situation analysis, setting Objectives using the SMART format, using the TOWS matrix to establish a Strategy. The operational part of the planning model is covered using Tactics (plans and programmes), Action (orchestration and timing) and Control (KPIs from objectives and ROI).