Professional Documents
Culture Documents
MARKETING PLAN
Introduction
A marketing plan is a written document that details actions
necessary to achieve one or more specified objectives in order
to sell a product or service, a brand, a product line, or a
corporation as a whole. Marketing plans can range from one to
five years in length
The Contents of a Marketing Plan
1. Executive Summary
Brief statement of goals and recommendations based on hard
data
4. Objectives
Defines the plans financial and marketing goals in terms
of sales volume, market share and profit.
Service
Advertising
Sales Promotions
Research and Development
Marketing Research
6. Action Programs
Special marketing programs designed to achieve objectives,
i.e., winning the loyalty of existing customers, action programs
should be coordinated with the resources and activities of other
departments, including production, finance, purchasing, and so
on
7. Budgets
Managers use budgets to project profitability and plan for each
marketing programs expenditures, scheduling, and operations
8. Controls
How will program be monitored? Controls help management
assess results after the plan is implemented, identify any
problems or performance variations, and initiate corrective
actions