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Marketing plan

A Marketing Plan is a written document that details the actions necessary to achieve a specified marketing objective(s). It can be for a product or service, a brand, or a product line. It can cover one year (referred to as an annual marketing plan), or cover up to 5 years. In general terms, it must: There are many formats for marketing plans and every company does it a little different, but the outline that follows is a very complete format. Using this format will produce a 30 to 40 page plan. Many companies prefer an abridged format that would yield a 10 to 20 page plan.
  1. Title page
  2. Executive Summary
  3. Current Situation - Macroenvironment
    • economy
    • government
    • legal
    • technology
    • ecological
    • sociocultural
    • supply chain
  4. Current Situation - Market Analysis
  5. Current Situation - Consumer Analysis
    • nature of the buying decision
    • participants
    • demographics
    • psychographics
    • buyer motivation and expectations
    • loyalty segments
  6. Current Situation - Internal
    • company resources
      • financial
      • people
      • time
      • skills
    • objectives
      • mission statement and vision statement
      • corporate objectives
      • financial objective
      • marketing objectives
      • long term objectives
    • corporate culture
  7. Summary of Situation Analysis
  8. Marketing research
    • information requirements
    • research methodology
    • research results
  9. Marketing Strategy - product
  10. Marketing Strategy - Price
  11. Marketing Strategy - Promotion
  12. Marketing Strategy - Distribution
    • geographical coverage
    • distribution channels
    • physical distribution and logistics
    • electronic distribution
  13. Implementation
    • personnel requirements
      • assign responsibilities
    • financial requirements
    • management information systems requirements
    • month-by-month agenda
    • monitoring results and benchmarks
    • adjustment mechanism
    • contingencies (What if's)
  14. Financial Summary
  15. Appendix
    • pictures and specifications of the new product
    • results from research already completed

See also: marketing, marketing management, strategic management

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