Every business, small or large, will be more successful with a business plan. And the key component of a business plan is the marketing plan. A good marketing plan summarizes the who, what, where, when, and how much questions of company marketing and sales activities for the planning year:
  • Who are our target buyers?
  • What sources of uniqueness or positioning in the market do we have?
  • Where will we implement our marketing spending plans?
  • When will marketing spending plans occur?
  • How much sales, spending, and profits will we achieve?