Writing a marketing action plan

Explain Your Research Research will be the foundation of your marketing plan and should include: Competitive Analysis — Take a look at what your competitors are doing and how this could affect your marketing plan.

marketing strategy example

Think of it as a quick reference tool that you can refer to at any time to keep your goals on track. Knowing what to tackle first is critical.

Simple marketing plan example

In this case, your mix will include the 7P's of marketing - product or service , pricing, position, promotion, people, process and physical environment. Some marketing plan templates may vary, but a good marketing plan captures basically the same information. Pick no more than 2 main goals and supporting goals. For example, if your goal is to increase your customer base by 15 percent, and your staff by 10 percent — will you be able to house them in your current offices? Knowing what to tackle first is critical. Before you are running neck-deep with tasks, see to it that you are listing all the things that you still need to do and you should be trying. Be specific. A brand can be one of the strongest assets a company possesses and, if done right, will encourage customer loyalty every business dreams of. This helps define your business's capabilities and identify opportunities within the market. Check to make sure your brand is consistently represented across all channels, including your: Logo. Hence, a marketing calendar can help utilize and maximize the functions of the marketing team to assure that all the activities are properly implemented even if they are required to be implemented on the same dates. Sales growth has slowed to a current level of 5 percent annually. Could you outsource some tasks?

Keep in mind that your tactics may or may not be the same as your goals. Warm prospects -- those who've previously been exposed to your marketing message and perhaps even met you personally -- will respond best to permission-based email, loyalty programs and customer appreciation events, among others.

how to make a marketing plan

Growth in current markets is expected to be limited. The elements that make up your marketing strategy are often referred to as the marketing mix. Achieving financial security phrases your goal in a more positive manner, thus firing up your energy to attain it. Some marketing tactics, such as many forms of advertising, public relations and direct marketing, are great for reaching cold prospects.

Using email and social media while surveying the content landscape will give you an immense amount of knowledge about your industry.

example of a good marketing plan

You have a better chance of achieving a goal if it's specific.

Rated 8/10 based on 72 review
Easy Simple Plan for Entrepreneurs to Create a Marketing Plan for a Small Business