Rahul Sharma (Editor)

SOSTAC

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SOSTAC(r) is a marketing model developed by PR Smith in the 1990s and later formalized in his 2004 book, Strategic Marketing Communications. It is an acronym for Smith's six fundamental facets of marketing: situation, objectives, strategy, tactics, action and control.

SOSTAC(r) contains a general marketing strategy which can be applied in various commercial situations. It is an extension of the SWOT analysis, which helps businesses get ready for marketing campaigns; the main difference is that SOSTAC focuses more on the implementation stages of the process and on marketing communications.

Marketing experts have adapted SOSTAC to a number of specific situations, including direct marketing and electronic marketing. The steps in the process have also been adapted to the development of internet security systems and company business plans.

SOSTAC(r) is registered as a trade mark with the Trade Marks Registry No.2219677 . The trade mark is owned by PR Smith.

Steps in SOSTAC

  • Situation assesses where a business is presently.
  • Objectives sets the mission or goals for the business.
  • Strategy is an overview of how to achieve the objectives.
  • Tactics are the detailed approach of how to achieve the business goals.
  • Actions are used to determine who does what, and when.
  • Control establishes how the process is monitored.
  • References

    SOSTAC Wikipedia