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Sample Marketing Plan

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Sample Marketing Plan Corporate Solutions of Central Florida 1/17/2009 1 Market Summary • Market: past, present, & future – Review changes in market share, leadership, players, market shifts, costs, pricing, competition Mass Market/ Followers Number of customers Early Adopters/ Pioneers End of Life Time 1/17/2009 2 Product Definition • Describe product/service being marketed 1/17/2009 3 Competition • The competitive landscape – Provide an overview of product competitors, their strengths and weaknesses – Position each competitor’s product against new product Price A B C D Performance 1/17/2009 4 Positioning • Positioning of product or service – Statement that distinctly defines the product in its market and against its competition over time • Consumer promise – Statement summarizing the benefit of the product or service to the consumer 1/17/2009 5 Communication Strategies • Messaging by audience • Target consumer demographics 1/17/2009 6 Packaging & Fulfillment • Product packaging – Discuss form-factor, pricing, look, strategy – Discuss fulfillment issues for items not shipped directly with product • COGs – Summarize Cost of Goods and highlevel Bill of Materials 1/17/2009 7 Launch Strategies • Launch plan – If product is being announced • Promotion budget – Supply back up material with detailed budget information for review Phase 1 Phase 2 Phase 3 Jan 1/17/2009 Feb Mar Apr May Jun July Sep Oct Nov Dec 8 Public Relations • Strategy & execution – PR strategies – PR plan highlights – Have backup PR plan including editorial calendars, speaking engagements, conference schedules, etc. 1/17/2009 9 Advertising • Strategy & execution – Overview of strategy – Overview of media & timing – Overview of ad spending 1/17/2009 10 Other Promotion • Direct marketing – Overview of strategy, vehicles & timing – Overview of response targets, goals & budget • Third-party marketing – Co-marketing arrangements with other companies • Marketing programs – Other promotional programs 1/17/2009 11 Pricing • Pricing – Summarize specific pricing or pricing strategies – Compare to similar products • Policies – Summarize policy relevant to understanding key pricing issues 1/17/2009 12 Distribution • Distribution strategy • Channels of distribution – Summarize channels of distribution • Distribution by channel – Show plan of what percent share of distribution will be contributed by each channel -- a pie chart might be helpful 1/17/2009 13 Vertical Markets/Segments • Vertical market opportunities – Discuss specific market segment opportunities – Address distribution strategies for those markets or segments – Address use of third-party partner role in distribution to vertical markets 1/17/2009 14 International • International distribution – Address distribution strategies – Discuss issues specific to international distribution • International pricing strategy • Localization issues – Highlight requirements for local product variations 1/17/2009 15 Success Metrics • • • • First year goals Additional year goals Measures of success/failure Requirements for success 1/17/2009 16 Schedule • 18-month schedule highlights • Timing – Isolate timing dependencies critical to success Task 1 Task 2 Milestone Task 3 Task 4 Jan 1/17/2009 Feb Mar Apr May Jun July Sep Oct Nov Dec 17

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