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Marketing Plan
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Article 1: The Plan's Ingredients
Putting together a marketing plan will help you
think through key issues and challenges: what
makes your products or services unique, what
kinds of customers need what you offer, how you
can reach those customers, what marketing goals
you should set (and how to measure them)—even
how to grab market share from your competitors.
Taking the time to create it will help you
crystallize your thoughts and ensure that your
marketing efforts are deliberate and effective,
not random or scattershot. Your plan needn’t be
long or complex. The form isn’t as important as
getting your head around the details. A
comprehensive marketing plan should include the
following:
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A detailed
description of what your company has to offer
and the unique features and benefits of your
products and services
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An analysis of
your competitors—their strengths and
weaknesses
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A precise
description of your primary and secondary
markets
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A list of
specific, measurable marketing objectives
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An action plan for
accomplishing your objectives
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A budget for
implementing the plan
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A timetable for
periodic measurement of your objectives
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