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: Marketing Plan MARKETING PLAN What
is a marketing plan? A marketing plan
can be crucial to your business survival and prosperity. It
involves: · - a current situation analysis
- conducting a SWOT
analysis (strengths, weaknesses, opportunities and threats)
- setting objectives
- deciding
on how those objectives will be achieved (strategies)
- finalising the tactics
to meet the strategies
- scheduling using time lines
- costing these
tactics
- implementing them
- a process of continually monitoring
and evaluating the plan
With more intense competitive
pressures, improved technology, changing demographic and consumer needs, a marketing
plan will identify sources to give you the competitive advantage, detail which
actions/tactics to use, their cost, when, how often and by whom. For
more information on Business Development see Business
Development Modeller - TKO. Each action/tactic
must answer only one question: "Will this action increase
the net profit or capital value of my business?" We can tailor in consultation
with you a user friendly flexible and accountable marketing plan. 
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