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Marketing Plan

-isClick to edit Master subtitle for the a business document written style purpose of describing the current market position of a business and itsmarketing strategyfor the period covered by the marketing plan. Marketing plans usually have a life of from one to five years.
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PURPOSE
The purpose of

creating a marketing plan is to clearly show what steps will be undertaken to achieve the business'
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While some small

business owners include their marketing plan as part of their overallbusiness plan, if a business owner follows the recommended SBA format, parts of the
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Marketing Plan Format


I. Statement of Marketing

Goal (PURPOSE)
II. Marketing Objectives for

the project
a) b)

Overall Objective Primary Objectives (each is assigned and 7/16/12 tagged with a deadline)

III.Target Market Segments


a) b)

Identify (age, sex, profession) Why Selected Main strategies


1. 2. 3.

IV.Marketing Strategies
A.

Market penetration Market Development Service/Program


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V.

Description of Competitors

Demand for product Strength and weaknesses of

competitor
Nearest direct and indirect

competitor
Similarities and dissimilarities

of your product and the 7/16/12 product of competitors

VI. Description of Product/ Service


Describe your product Special Features Benefits of The product

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B.

Promotional Tools (list)

V.

Monitoring Techniques
A. Progress Reports B. Timeline C. Outcome

Measurements
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VIII. Budget
Advertising and promotional

Plan
Cost allocation Advertising and promotional

Materials

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Other ELEMENTS in a Marketing Plan


SWOT and PEST analysis PRICING STRATEGY DESCRIPTION OF LOCATION

PRICING STRATEGY MARKET SEGMENTATION EMPLOYEE TRAINING 7/16/12

Pricing Stretegy Market Segmentation Employee Training

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OUTLINE FOR PREPARING AN ANNUAL MARKETING PLAN


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1. The Strategic Situation

Summary

a.) Market Segment Analysis b.) Competitor Analysis

2. Market

Target Description 3. Objectives for the Market Target/s

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4. Marketing Program Positioning Strategy


Product Strategy Distribution Strategy Marketing Research Coordination w/ other

business functions

5. Forecasts and Budgets


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