proxy.com proxy.com
Index Page About Us Privacy ToS Place Your Link Add Your Article
Search:   
 

Does your Home Business Have the Summertime Blues? 7 Ways to Break Out of a Summer Slump

Here are seven tips for reinvigorating your home-based business today. (14/07/2006) - Jamie Jefferson
 

Starting A Home Based Business? ?C Avoid These 6 Costly Blunders

You can easily succeed with your home based business if you just avoid some common mistakes which pe ... - Jeff Casmer
 

Your Own Business - If Not Now, When?

You have wanted to have your own business for a long time. But, every time you sit down to write out ... - Sheryl Clinton
 
 

Appreciate Your Customer's Time

If you don't appreciate and value your customers time, they will go elsewhere, and then where will y ... - Margaret Cowles
 

Small Business Resources

If you are looking to get your small business off the ground, you will be happy to know that the Int ... - Michael Russell
 

How To Choose A Shopping Cart Vendor For Your E-Commerce Site

E-commerce has exploded on the internet and many successful businesses exist solely on the web. And ... - Richard Radcliffe
 

We Can't Talk Here!

Here is a business successor who defines the expression "the man in the middle." Literally working b ... - Wayne Messick
 

Purchase Order Finance - Your Tool For Unlimited Sales

Is your business flooded by purchase orders? Need financing to be able to deliver? Consider purchase ... - Marco Terry
 
 

Index Page » Business & Commerce » Marketing
 

Marketing Plan Guide

 
Marketing is the infrastructure of the business income. The marketing plan is an essential part of the business plan. The marketing plan goal is to outline the business activities using business environments analysis, challenges identification and preparing a structural working plan for successful business.

Marketing plan preparation step by step

  1. Executives' Summary - Summary of chapters 3-8. Prepare this summary after chapters 3-8 are finished.
  2. Overview - Include in this chapter:

    1. An introduction of current status and required status.
    2. An explanation for the whole required process.

  3. External analysis - The analysis purpose is to map and understand the business environment. The analysis includes:

    1. Legal environment - Relevant rules and regulations that influence the business operations.
    2. Economic environment - Influencing factors such as interest rate, customary credit days in the business' industry, atmosphere in stock exchange and payment ethics in the business' industry.
    3. Cultural environment - Religion, customs, lifestyle and business behavioral codes.
    4. Political environment - Political stability level.
    5. Competitors - Identification of existing and potential competitors, Identification of industry enter blockers.
    6. Customers - Identification of existing and potential customers, identification of market segments and niches.
    7. Opportunities - Environment changes can make new markets be available for your business.
    8. Threats - Regulation changes and foreign currency sensitivity.

  4. Internal Analysis - The analysis purpose is to map and understand the business and it's positioning within the environment. The analysis includes:

    1. Business essence - Business vision values and principles.
    2. Business' targets and goals - Definition of short and long term business targets of the following aspects: Market segments, market portions, products/services variety and income.
    3. Current strategy - Business structure, operating methods, products/services variety and customers' relations.
    4. Strengths and weaknesses - Current market portion analysis, current business positioning and customers dependency analysis.
    5. Current stage of products'/services' lifecycle - competition level, profit margins and existence of "next generation" products/services in the market.

  5. Definition, analysis and characterization of the major challenges:

    1. Saturated market.
    2. Product/service weakness comparing to customers' product/service.
    3. Profit margin's decrease.
    4. Weak image
    5. Risky dependency on customers.

  6. Major challenge - Choosing the major business challenge and preparing several alternative plans in order to cope with it. Plans can be:

    1. New product/service development.
    2. Improvement/expansion of existing product/service.
    3. Addressing new market segments.

  7. Major challenge solution - Choosing the solution with an explanation of the reason. Preparing an implementation plan that includes all required resources.
  8. Chosen alternative's tactic - Guide lines and concepts for implementation. It is the high level design of the marketing implementation.

Author: Assaf Katzir
 
Author Bio:

Assaf Katzir is owner and CEO of Katzir Soze Investments Ltd
For useful and quality information for managers, start-ups and small businesses visit Business-Starter a practical business guide at www.business-starter.com

 
 
 

Related Articles

 
Starting an Aircraft Washing Service
 
11 Things Small Business Owners Can Learn From Rudolph The Red-Nosed Reindeer
 
Mobile Car Wash Sales at Office Buildings
 
Real Estate Marketing - Postcard Ideas for Agents
 
Ideas Before Venturing Into Wholesale Marketing Business
 
Drafting an Employee Manual Sample Outline
 
Is It Time To Rethink Your Sales Training Program or Is Your Sales Training Delivering Results?
 
Strategies For A Successful Cleaning Company
 
What You Don't Know About PR Can Hurt You
 
Offline Promotions For Your Home Business
 
 
 
Add Url
 
 

News & Events

 

Outdoor & Sports

 

Computers & Software

 

People & Communities

 

Shopping Online

 

Fashion & Lifestyle

 

Online & Indoor Games

 

Academics & Education

 

Realty & Property

 

Creative Arts

 

Business & Commerce

 

Entertainment

 

Automobile & Automotive

 

Family & Home

 

Travel & Vacation

 

Healthcare & Medicine

 

Cooking & Drinking

 

Finance & Investment

 

Teens & Kids

 

Technology & Science

 

Hygiene & Health

 

Government & Politics

 

Employment & Careers

 

Self Management

 
   Index Page >> Privacy >> ToS
© 2006-2008 www.proxyarticles.com All Rights Reserved Worldwide.