Organize and structure the data and information you collect during the situation analysis.
Marketing Plan Worksheets
These worksheets will assist you in writing a formal marketing plan. Worksheets are a useful planning tool because they help to ensure that important information is not omitted from the marketing plan. Answering the questions on these worksheets will enable you to:
- Organize and structure the data and information you collect during the situation analysis.
- Use this information to better understand a firm`s strengths and weaknesses, and to recognize the opportunities and threats that exist in the marketing environment.
- Develop goals and objectives that capitalize on strengths.
- Develop a marketing strategy that creates competitive advantages.
- Outline a plan for implementing the marketing strategy.
These worksheets are available in electronic format on our text`s website at www.cengagebrain.com. By downloading these worksheets, you will be able to change the outline or add additional information that is relevant to your situation. Remember that there is no one best way to organize a marketing plan. We designed our outline to serve as a starting point and to be flexible enough to accommodate the unique characteristics of your situation.
As you complete the worksheets, it might be useful to refer back to the text of the chapters. In completing the situation analysis section, be sure to be as comprehensive as possible. The viability of your SWOT analysis depends on how well you have identified all of the relevant environmental issues. Likewise, as you complete the SWOT analysis, you should be honest about the firm`s characteristics. Do not depend on strengths that the firm really does not possess. Honesty is also important for your listing of weaknesses.
I. Executive Summary
The executive summary is a synopsis of the overall marketing plan. It should provide an overview of the entire plan including goals/objectives, strategy elements, implementation issues, and expected outcomes. The executive summary should be the last part of the marketing plan that you write.
II. Situation Analysis
A. The Internal Environment (refer to Exhibit 3.3)
Review of marketing goals and objectives
Identify the firm`s current marketing goals and objectives.
Explain how these goals and objectives are being achieved.
Explain how these goals and objectives are consistent or inconsistent with the firm’s mission, recent trends in the external environment, and recent trends in the customer environment.
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