Proposed format for creating a comprehensive marketing plan : Introduction A marketing plan concentrates on a subset of factors in a business plan. It focuses on the actions and plans necessary to attract clients and keep them satisfied. It considers competition, environmental factors, and possibilities for cooperation, promotion and other factors necessary for serving a market. A marketing plan has many uses. Its primary use is to anticipate common challenges that need consideration before one invests money and time in a business. The Parts of the Marketing Plan 1. Executive Summary (5 marks ) Although this topic appears first in the plan, you normally write it last. Wait until you’re almost done so you can include the main highlights. You should cover the most important facts, such as target markets, sales growth and strategic focus, and those facts may change during the planning process. The contents of the summary should include the main highlights of the plan. Make sure to address target markets, market needs, sales prospects, expenses, and strategy. 2. Situation Analysis (15 marks) This section will address the key points that describe your current situation. Here you introduce your marketing situation and the main components of the marketing plan. These components include the following. 2.1. MarketSummary You should generally describe the different groups of target customers included in your market analysis, and refer briefly to why you are selecting these as targets. You may also want to summarize market growth and cite highlights of some of your growth projections, if this information is available.
2.1.1. Market Demographics Markets can be described in terms of geographic, demographic, psychographic, and behavioral attributes. •