MARKETING PLAN
PROJECT NAME
Bill Gates, Steve Jobs, Oprah Winfrey
Business/Product Description & Market Analysis a brief overview of the following – you will provide more detail later in your plan.
Description & Purpose – Name of your business and/or the products/services you are marketing
Products and services sold or manufactured
Target Market brief-detail later
Pricing Strategy brief-detail later
Includes why the business should be successful
Description of Current Markets and Strategies
Describe the demographics of your market
Describe your competitors
Describe any other factors that may help or hinder your business, for example, perhaps there is a shortage or abundance of a much wanted product/natural resource.
SWOT analysis
Mission Statement – A statement that clearly states to your employees (and customers) what the main focus is of the product or business. At the end of each day, employees should be able to report what they did to achieve the mission.
Market Strategy
Marketing Goals/Expected Outcomes
Usually in terms of units, customers, average transaction size, gross margin.
This usually requires that you work on your budget first.
Target Market Description
Detailed description with explanations why your target market will like your product. Age brackets – gender – culture – ethnicity – income – lifestyle (psychographics)
Marketing Mix Description
Products/Services – and improvements or new products/services
Pricing Strategy – usually low, average, high
Promotions – relate to target audience
Advertising – media types
Flier/Poster
Tri-Fold Brochure
Events – grand openings, ongoing promotions
Positioning Statement – The uniqueness of the product or business that causes the customer to use your business or product.
Action Plans
Activity Schedule – Gantt chart or other organization chart
Budget – (Optional – Extra Credit) Excel spreadsheet
Evaluation Procedures – When will you measure your success?
What will you measure?
How will you measure your success?
Marketing Plan Outline From Marketing, 2nd Edition James L Burrow