Marketing planning: essence, tools and stages

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Maksudasm
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Joined: Thu Jan 02, 2025 6:45 am

Marketing planning: essence, tools and stages

Post by Maksudasm »

What is it? Marketing planning is something that any business that wants to prosper in the market for a long time should take care of. The essence of the process is to know: what and how to offer the audience to increase profits.

How to compose ? It's all banal: a goal is set and measures to achieve it are prescribed. The main thing is not to forget to regularly analyze the results and make corrections and additions to the scheme.



The article explains:

Marketing Planning Objectives
Marketing Planning Functions
Principles of Marketing Planning
Main Marketing Goals
Planning Marketing Goals
Planning strategic marketing goals
3 Approaches to Marketing Planning
Marketing planning methods
Marketing Planning Stages
4 Types of Marketing Plan
Structure of a classic marketing plan
Forecasting in the Marketing System
Marketing control

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Marketing Planning Objectives
Any commercial structure is created for successful activity and stable profit generation. Planning allows to determine the direction of the company's development, foresee probable risks and predict ways to overcome problems.

Marketing as one of the main tools for achieving commercial success also requires the creation of a clear scheme that reflects the tasks facing the organization and outlines the deadlines for their solution. For the management of the enterprise, this document serves as a means of monitoring the actions of employees in implementing the functions assigned to them.

Marketing Planning Objectives

Marketing planning of an enterprise amazon database is necessary to understand what methods and timeframes will be used to achieve the set goals of satisfying market needs and extracting stable profits. In this process, the main attention should be focused on the following points:

working with the company's warm client base;

attracting new consumers ;

determining the competitive advantages of the enterprise and its weaknesses;

coverage of new market segments;

desire for leadership;

market analysis and identification of promising areas of development;

increase in income;

rational use of resources;

minimization of risks and financial threats.

Marketing planning for a company involves creating a document that reflects the results of an analysis of its current state and the decisions made by management to achieve the commercial goals facing the organization. The plan should contain specific actions to meet market needs and obtain a permanent income.

This marketing document can be strategic and operational. In the first case, it is a long-term forecast of the company's activities, setting global goals and the main directions for achieving them. On the basis of the strategic plan, an operational plan is drawn up, usually calculated for a year. It reflects current tasks, describes the current range of goods and services, principles of pricing, sales and advertising promotion of the product.

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