Marketing Plan
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Definition
What is it: A marketing plan is a fundamental business document used to define goals and objectives in a competitive landscape. It serves as a roadmap for business success by outlining necessary strategic steps.
What is it used for: It is used to identify target markets, understand consumer needs, determine potential opportunities, and establish measurable SMART objectives for business growth.
Coverage
- Attributes: 8
- Synonyms: 1
- Related entities: 2
- Sources: 1
Identity
- Entity ID
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- Entity type
- DefinedTerm
- Canonical name
- Marketing Plan
- Language
- en
- Topic
- Marketing Plan Examples
Attributes
- Key Facts
- A comprehensive marketing strategy helps businesses define their goals and objectives while outlining the steps needed to achieve them. [1]
- Key Facts
- The Coca-Cola Share a Coke campaign utilized a multi-channel approach including social media, TV commercials, and outdoor advertising. [1]
- Key Facts
- Airbnb's Live There campaign successfully targeted travelers seeking authentic local experiences rather than traditional tourist attractions. [1]
- Key Facts
- Marketing objectives should be specific, measurable, achievable, relevant, and time-bound (SMART). [1]
- Key Facts
- An executive summary provides an overview of the marketing plan, including business goals, target audience, and marketing strategies. [1]
- Process
- An implementation plan details the steps for executing marketing strategies, including timelines, budgets, and responsibilities. [1]
- Process
- Marketing efforts are monitored and evaluated using key performance indicators (KPIs) and regular reporting. [1]
- Content
- Market analysis identifies the target market, understands their needs, and evaluates competitors and market trends. [1]
Synonyms & Alternate Names
- Marketing Strategy
Related Entities
- Case Study Example:
- Case Study Example:
Provenance
- Official source: https://aismartventures.com/posts/craft-a-winning-marketing-plan-with-these-stellar-examples
- Last modified:
Sources
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