Final Jru Outline of The Marketing Plan

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MARKETING MANGEMENT

OUTLINE OF MARKETING PLAN

A. EXECUTIVE SUMMARY - JONATHAN


This is a short (one or two pages) narration of what you intend to accomplish
and briefly describing how you plan to go about it.

B. MARKET DESCRIPTION AND ANALYSIS – JP AND AIRAH


Describe your market (consumer or industrial/commercial) and its
peculiarities indicating its size in pesos nationally and regionally. Show a
breakdown, if possible, by sector (private or government or institution, etc.)
and their peso value annually in the last 3 years. Then, indicate your usual
target revenues for the same period. Show your market share per year and
per sector. Describe industry trends and report briefly your company
responds. Aside from textual discussions, you may use columns to show
numerical data, etc.

1. COMPETITIVE ANALYSIS: MATTHEW

Next, describe competition showing all players and their corresponding


sales revenues and market shares. Give a brief general analysis of
competitors by showing their marketing activities that impact (positively
or negatively) on your product or services. Report which player/s to
watch as to who, based on intelligence, is poised to launch something
that will be a major concern to your company. If you intent to respond
in a significant way, is it part of this Marketing Plan? Provide as much
information as possible in this section.

2. EXTERNAL ENVIRONMENT ANALYSIS: MC AND JAY

The external environmental forces which a company must research and


analyze will enable it to identify opportunities and threats that the
company must address. These are:
 Demographic
 Economic
 Natural
 Social/cultural
 Technological
 Legal/political
This is an important part of your Marketing Plan because it speaks of
opportunities available to you and threats that must be minimized, if
not overcome.
3. INTERNAL ENVIRONMENT ANALYSIS: MC AND JAY Here we will analyze
the strength and weaknesses of the company vis-à-vis competition. The
areas which we will look at are; the financial position of the company,
its core competencies, its people, its market position/ share, its product
price, place and promotion. Write down your SWOT analysis and point
out which direction your company is considering. It also shows, by self-
examination, your strengths as a player in your field as well as
weaknesses that need remedial measures to be able to compete
successfully.

C. THE CENTRAL PROBLEM AND SUB-PROBLEMS: EVA


These are situations impinging on your company or product/service which
must be corrected or removed so that your company can proceed with its
plans to move forward.

D. ALTERNATIVE COURSES OF ACTION: EVA


These are solutions necessary to solve the identified problems. Solutions
must be workable or can be implemented and an evaluation the pros and
cons of each solution must be provided.

E. DECISION CRITERIA: JONATHAN/MC/JAY

A quantifiable criterion for each alternative course of action that could


take into consideration any or all of the following factors:
 Sales/revenue
 Market share
 Market growth
 Profitability
 Market leadership

F. OBJECTIVES/GOALS: JONATHAN/MC/JAY

must be SMART (Specific, Measurable, Attainable, Result-Oriented, Time-


bound)
 Sales goal
 Market shares goal
 Profit goal

G. MARKETING STRATEGIES: JP & AIRAH (Spell out key strategies in terms of: new
product launch, product improvements, emphasis on promotions, tri-media
advertising, change in package designs, new product positioning, new
advertising thematic campaign, research findings.)
 Target markets
 Product strategies
 Pricing strategies
 Place strategies
 Promotion strategies
 People strategies

H. SPECIFIC ACTION PROGRAMS - JP & AIRAH

Translate marketing strategies into specific action programs that answer the
questions below. The action plan present desired expectations as to
timetable for implementation, when the program starts, monitoring to
review performance against target and date it would be implemented.
 What will be done?
 When will it be done?
 Who will do it?
 How much will it cost?
 Expected results

I. CONTROLS: JONATHAN
Outline the specific controls that will be used to periodically monitor the
progress of goals and budgets for each month or quarter or semester per
product line. Identify products that are not meeting their goals and explain
the problems and immediately initiate corrective measures. Show your
critical success factors and target achievement at the end of the period
(one year).

J. FINANCIAL PROJECTIONS: JONATHAN AND AIRA


Show the financial impact of the plan.

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