Developing a Concise Marketing Plan

Your marketing plan can be an elaborate 50-page business plan or a simple paragraph. In fact, many professional marketers suggest the simple one-paragraph plan because it's focused and identifies the key components. A productive one-paragraph marketing plan has the following elements:



  • Purpose: What's the marketing plan supposed to accomplish?



  • Benefits: How will your products and services satisfy the needs of the customer?



  • Customer: Who's your primary customer, and what's your strategy for building long-term relationships with that customer?



  • Company image: How will the customer see your company? Remember, customers will contribute to positioning your company in the marketplace.



  • Niche: What's the niche in the market that your company has defined and will serve?



  • Tactics: What specific marketing tools will you use to reach customers? You can utilize advertising, promotion, a Web site, publicity, and so on.



  • Budget: How much of your budget will you allocate to this effort?











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Source:http://www.dummies.com/how-to/content/developing-a-concise-marketing-plan.html

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