Posted: December 1st, 2016
The marketing plan should be guided by the following outline:
Title Page
Demographic Environment
Economic Environment
Cultural Environment
Political Environment
Technological Environment
Natural Environment
Product Objectives
Product Mix
What type of consumer product are you producing and where is it on the product lifecycle?
Specify the core, actual and augmented product.
Outline any product or brand development strategies
Pricing Objectives
Detail the price.
Are you using value-based or cost-based pricing?
Demand and Price Sensitivity
New Product Pricing Strategies
Product Mix Pricing
Price-Adjustment Strategies
Marketing Communications Objectives
Promotion Mix
What mix of advertising, personal selling, sales promotion, sponsorship, direct response marketing, public relations/publicity will you use?
Is it push and pull?
Develop examples of your communications with reference to the Six-steps of Communication Effectiveness
Distribution Objectives
Explain your distribution channel.
Is it direct or indirect? Who are the channel members? How are marketing functions shared? Is there a vertical marketing system? Is there potential for any channel conflict (what type)?
What numbers of marketing intermediaries will you use? Who are they? Where are they located? Do you need a reverse channel?
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