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How to create a Successful Marketing Plan
What is a Marketing Plan ? A marketing plan is the blueprint or the map you intend to follow in order to achieve your goals. If you are planning for existing programs, the plan will incorporate the strengths of your current effort with needed changes and improvements. If the plan is for a brand new product or service, it will pull all the elements together for an effective start on marketing.
Why have a marketing plan? To find out where you are To know where you’re going How to get there
Some considerations See it as a process Form a team Keep it simple Develop a time-frame Give it a life Get feedback Have a simple revision process Consistent with mission statement
What does the process involve?
Components of a marketing plan Mission Statement  Executive Summary Internal Analysis External Analysis Objectives Marketing Strategies Identify Resources Implementation Plan Marketing Budget Evaluation Methods
Mission Statement A clear, concise description of: The organizational identity What business is the organization  really  in Results the organization wants to accomplish
Some considerations A mission statement describes who the organization is and what business it’s really in. It’s what makes the organization go–reflects its internal and external perception. It must be understood by everyone. It drives the organization and dictates how things are done. It should be kept simple.
Mission Statement McDonalds Restaurants “ Quality, Consistency, Cleanliness, Service.”
Executive Summary An overview Readable and concise Summary of main objectives of the plan
Background Current status  Future directions Current resources Strengths and weaknesses  Internal Analysis
External Analysis Economy Demographics Trends Competition Target market
Environment produces both Estimate probability Severe, not severe Very likely, very unlikely Opportunities and Threats
Who they are Product/service features Pricing, packaging, promotion  Competitor strengths/weaknesses How are you different? The Competition
Current and potential customers Customer requirements Market clusters  Customers and Target Markets
Customers/target markets Programs and services Packaging Pricing  Promotion Marketing Strategies
Steps Responsibility Deadlines Budget Implementation Plan
Marketing budget Advertising/media Direct mail Databases Printing/production Mailing
Evaluating the marketing plan Success measures Completion of action dates Accomplishment of goals and strategies Results New/repeat customers Win rate on sales Average size of contracts Revenue
Summary The marketing plan It’s a process! It has discipline It results in a positive ROI
Reasons to join To get FREE marketing content To get free downloads To get discounts on our services To get access to our resource centre Many other Powerpoints in this series in the members area

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Marketingplan

  • 1. How to create a Successful Marketing Plan
  • 2. What is a Marketing Plan ? A marketing plan is the blueprint or the map you intend to follow in order to achieve your goals. If you are planning for existing programs, the plan will incorporate the strengths of your current effort with needed changes and improvements. If the plan is for a brand new product or service, it will pull all the elements together for an effective start on marketing.
  • 3. Why have a marketing plan? To find out where you are To know where you’re going How to get there
  • 4. Some considerations See it as a process Form a team Keep it simple Develop a time-frame Give it a life Get feedback Have a simple revision process Consistent with mission statement
  • 5. What does the process involve?
  • 6. Components of a marketing plan Mission Statement Executive Summary Internal Analysis External Analysis Objectives Marketing Strategies Identify Resources Implementation Plan Marketing Budget Evaluation Methods
  • 7. Mission Statement A clear, concise description of: The organizational identity What business is the organization really in Results the organization wants to accomplish
  • 8. Some considerations A mission statement describes who the organization is and what business it’s really in. It’s what makes the organization go–reflects its internal and external perception. It must be understood by everyone. It drives the organization and dictates how things are done. It should be kept simple.
  • 9. Mission Statement McDonalds Restaurants “ Quality, Consistency, Cleanliness, Service.”
  • 10. Executive Summary An overview Readable and concise Summary of main objectives of the plan
  • 11. Background Current status Future directions Current resources Strengths and weaknesses Internal Analysis
  • 12. External Analysis Economy Demographics Trends Competition Target market
  • 13. Environment produces both Estimate probability Severe, not severe Very likely, very unlikely Opportunities and Threats
  • 14. Who they are Product/service features Pricing, packaging, promotion Competitor strengths/weaknesses How are you different? The Competition
  • 15. Current and potential customers Customer requirements Market clusters Customers and Target Markets
  • 16. Customers/target markets Programs and services Packaging Pricing Promotion Marketing Strategies
  • 17. Steps Responsibility Deadlines Budget Implementation Plan
  • 18. Marketing budget Advertising/media Direct mail Databases Printing/production Mailing
  • 19. Evaluating the marketing plan Success measures Completion of action dates Accomplishment of goals and strategies Results New/repeat customers Win rate on sales Average size of contracts Revenue
  • 20. Summary The marketing plan It’s a process! It has discipline It results in a positive ROI
  • 21. Reasons to join To get FREE marketing content To get free downloads To get discounts on our services To get access to our resource centre Many other Powerpoints in this series in the members area