Marketing Plan Outline

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MARKETING PLAN OUTLINE

(Recommended Length: 3-5 pages)

1. Company Name

2. Marketing or Promotional Statement


5-7 words briefly describing your business and its product or service

3. Product or Service Description


Nature and detailed description of your product or service
What do you sell?
What are the benefits your products/services?
What is special, unique, or different about your product or service?
Describe your Unique Selling Proposition (USP).

4. Market Analysis
Service/Industry Background and Description
Market Segments
Current Market Situation Analysis
Competitive Analysis - Strengths, Weaknesses, Opportunities and Threats
Marketing Research

Who are your competitors?


What do your competitors do better than you?
What do you do better than your competitors?
What is your competitive position?
How large is your overall market?
What is your market share?
Is your market share increasing, shrinking, or stable?
How do your prices compare to your competitors' prices?
How do you establish prices?
What are your business strengths?
What are your business weaknesses?
What might keep you from achieving your goals?
Is your market changing in any ways?
What facts or new information do you need to figure out?

5. Target Market
Target Market Definition
Demographic and Psychographic Profile for Primary and Secondary Customers
What are your target markets?
Who are your current customers?
What are their buying habits?
Why do your customers actually buy your goods/services?
Who are your best customers and prospects?
Marketing Plan Outline (Continued)

6. Marketing Objectives
Revenues (Year one, Year two, Year three)
Profits (Year one, Year two, Year three)
Market Share – Optional
What are your overall goals?

7. Sales Plan
Prospect Identification
Creating Awareness
Creating Conviction
Creating Orders and Reorders
How do you sell your product/service?
What are your sales practices?

8. Creative Strategy
• Unique Selling Proposition
• Copy/Tone Theme
• Visual/Image Theme
• Incentive
How will you communicate your marketing message?

9. Media and Communications Strategy/Tactics


Radio Print Guerilla Tactics
TV Direct Mail Internet
Cable Out-door Yellow Pages Miscellaneous
What will be your media mix?
What is your rationale for using media?

10. Other Marketing Activities


Trade Shows Seminars and Conference Presentations
Event Marketing Collateral Material
Public Relations Personal Selling
Telemarketing On-going Marketing Research
Cause Related Marketing Promotions
Open Houses Miscellaneous
How do you promote your business?

11. Budget
How much will your marketing efforts cost by item and total?
What percentage of sales is your marketing expenditure?

12. Calendar
Graphically depict a summary of your marketing activities by month.

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