Marketing plan template and guide
A good
marketing plan helps you identify your customers and competitors and develop a
strategy to make your business stand out. The business.gov.au Marketing Plan
template steps you through the process of creating a solid, well-structured
plan tailored to your business.
New!
Create your marketing plan on your iPad by downloading our free MarketMyBiz iPad App. Search ‘MarketMyBiz’ in the App Store
now!
Copies
of the latest version of this template and guide can be downloaded from www.business.gov.au/plans.
If
you need further information, assistance or referral about a small business
issue, please contact the Small Business Support Line on 1800 77 7275.
How
to use this template
Before you complete this marketing plan template and start using
it, consider the following:
- Do
your research. You will need to make quite a few
decisions about your business including structure, marketing strategies and
finances before you can complete the template. By having the right
information to hand you also can be more accurate in your forecasts and
analysis.
- Determine
who the plan is for. Does it have more than one purpose?
Will it be used internally or will third parties be involved? Deciding the
purpose of the plan can help you target your answers. If third parties are
involved, find out what are they interested in.
- Do
not attempt to fill in the template from start to finish.
First decide which sections are relevant for your business and set aside
the sections that don’t apply. You can always go back to the other
sections later.
- Use
the [italicised text]. The
italicised text is there to help guide you by providing some more detailed
questions you may like to answer when preparing your response. Please
note: If a question does not apply to your circumstances it can be
ignored.
- Use
the marketing plan guide. The marketing plan guide below contains
general advice on marketing planning and a complete overview with details
on each question asked in the marketing plan template.
- Get
some help. If you aren’t confident in completing the plan
yourself, you can enlist the help of a professional (i.e. Enterprise
Connect Centre, Business Enterprise Centre, business adviser or
accountant) to look through your plan and provide you with advice.
- Write
your summary last. Use as few words as possible. You
want to get to the point but not overlook important facts. This is your
opportunity to sell yourself. But don’t overdo it. You want third parties
to quickly read your plan, find it realistic and be motivated by what they
read.
- Review. Review. Review. Your marketing plan is there to make a good impression. Errors will only detract from your professional image. So ask a number of impartial people to proofread your final plan.
Marketing
Plan Guide
Marketing
planning
A
marketing plan assists you to integrate your total marketing effort. It
ensures a systematic approach to developing products and services to meet and
satisfy your customers’ needs. When you're writing a marketing plan you need to be clear about your objectives and how you'll achieve them. A good marketing plan sets clear, realistic and measurable objectives, includes deadlines, provides a budget and allocates responsibilities. A plan can consist of these elements:
- analysis of
your current market
- your business
objectives
- key strategies
- steps to
achieving your objectives
- proposed
budget
- timing.
Remember
that your marketing plan should remain an ongoing process throughout the life
of your business.
What to do...- Contact your nearest Business
Enterprise Centre (BEC)
for
free advice and support.
- Check if your local BEC or state
business agency hosts a marketing planning workshop near you.
- Contact an Enterprise Connect centre for
help with planning, growing, skills development, competitiveness and
productivity.
- Search for networking, mentoring or training
events and seminars on the business.gov.au Events
calendar.
- Contact
a business adviser, accountant or solicitor for advice.
Regular
review
Marketing
planning is an ongoing business activity. As your business changes many of
the strategies in your plan will need to evolve to ensure you business is still
heading in the right direction. Having your plan up
to date can keep you focussed on where you are heading and ensure you are ready
when you need it again.
There are a number of government
services available to help you plan, start or grow your business. These services
can provide general advice, workshops, seminars and networking events, and can
even match you with a mentor or business coach.
Small business workshops and seminars
are run regularly in most areas of Australia, and deal with issues such as
planning, marketing, innovation, employing staff and exporting.
You may also find it useful to attend
networking events to help expand your business. By developing networks, you can
keep up to date on industry and local information, promote your business
through new contacts and learn key skills from other businesses.
Participating in mentoring or
coaching programs can help you develop a greater understanding of business
processes and practices, and equip you with the skills you need to grow and
improve your business.
What to do...- Contact your nearest Business
Enterprise Centre (BEC) for
assistance
with your planning process.
- Check if your local BEC or state
business agency hosts a marketing workshop near you.
- Contact an Enterprise Connect centre for
help with planning, growing, skills development, competitiveness and
productivity.
- Search for networking, mentoring or training
events and seminars on the business.gov.au Events calendar.
- Contact
a business adviser, accountant or solicitor for advice.
This
template overview provides details on each question asked throughout the marketing
plan template as well as links to further information. When you start answering
a question in your marketing plan, you can refer to the relevant question below
to help guide your answer.
Question
|
Explanation
|
More information
|
Insert
your business logo
|
Adding a logo helps give your business a more professional
image.
|
|
Your
name
|
Enter the business owner's name. Enter multiple names
if there are multiple owners.
|
|
Your
title
|
The titles of the business owner(s) listed above, e.g.
Owner/Manager
|
|
Business
name
|
Enter your business name as registered in
your state/territory.
|
Visit our Register
your business name page.
|
Main
business address
|
Enter your main business address. This can be your
home address if you are a home-based business or your head office if you have
more than one location.
|
|
ABN
|
Enter your Australian Business Number. If you are a
business and have registered for an ABN enter it here.
|
Visit our Register
for an Australian Business Number (ABN) page.
|
ACN
|
Enter your Australian Company Number. Only fill this
in if you are a company.
|
Visit our Register
your company page.
|
Prepared
|
The date you finished preparing your marketing plan.
|
|
Table
of Contents
|
If you have changed this template in any way, please
remember to update the table of contents to reflect the changes.
|
Your marketing summary should be no longer than a
page and should focus on why your business is going to be successful. Your
answers should briefly summarise your more detailed answers provided throughout
the body of your plan.
Question
|
Explanation
|
More information
|
The
Business
|
||
Business name
|
Enter your business name as registered in your state/territory.
If you have not registered your business name, add your proposed business
name.
|
|
Business structure
|
Is your business a sole trader,
partnership, trust or company?
|
|
ABN
|
Enter
your Australian Business Number (ABN). If you are a business and have
registered for an ABN enter it here.
|
|
ACN
|
Enter
your Australian Company Number (ACN). Only fill this in if you are a company.
|
|
Business location
|
Enter
your main business location such as your city/town. Briefly describe the location and space occupied/required.
|
|
Date established
|
The date you started trading. Whether it was the date you opened
your doors or the date your purchased business opened its doors.
|
|
Business owner(s)
|
List
the names of all business owners.
|
|
Relevant owner experience
|
Briefly outline your experience and/or
years in the industry and any major achievements/awards.
|
|
Products/services
|
What products/services are you
selling? What
is the anticipated demand for your products/services? These answers should briefly summarise your
answers under the main products/services section.
|
|
The
Future
|
||
Vision statement
|
The vision statement briefly outlines
your future plan for the business. It should state clearly what your overall
goals for the business are. To keep it brief you may prefer to use dot points
in your summary.
|
|
Goals/objectives
|
What are your short and long term
goals? What activities will you undertake to meet them?
|
|
The
Market
|
||
Target
market
|
Who are you selling to? Why would they buy your
products/services over others?
This answer should briefly summarise
your answers under the main Market section.
|
|
Marketing
strategy
|
How do you plan to enter the market? How do you intend to
attract customers? How and why will this work?
This answer should briefly summarise
your answers under the main Market section.
|
Question
|
Explanation
|
More information
|
The
Finances
|
||
The finances
|
Briefly outline your sales forecast. How much money will you
need up-front? Where will you obtain these funds? What portion will you be
seeking from other sources? How much of your own money are you contributing
towards the business?
Your answers can be quite brief in
the summary. They should give the reader a quick idea of your current
financial position. Where you are heading financially and how much you need
to get there. You can provide more detail in the main Finances section.
|
The Business
Question
|
Explanation
|
More information
|
Business overview
|
||
Business
overview
|
Who are the current
business owners? What does the business do/sell? Where it is located? How
long has it been operating?
|
|
S.W.O.T. analysis
|
||
List each of
your businesses Strengths, Weaknesses, Opportunities or Threats (S.W.O.T) in
the table supplied. For example:
§ Strengths: (e.g. experience in the industry).
§ Weakness: (e.g. location of your business).
§ Opportunity: (e.g. new export opportunity available).
§ Threat: (e.g. new competitor entering the market).
|
||
S.W.O.T.
activity sheet
|
List each weakness/threat, the activities you will undertake to
reduce/address each and the date of expected completion.
|
|
Product/services
|
||
Product/services
table
|
List each product/service your business currently
offers. Provide a description and unit price (including GST) amount for each.
|
|
Market
position
|
Where do your
products/services fit in the market? Are they high-end,
competitive or a low-cost alternative to the products/services offered by
your competitors? How does this
compare to your competitors?
|
|
Unique
selling position
|
How will your products/services succeed
in the market where others may have failed? What gives your products/services
a distinctive edge?
|
|
Anticipated
demand
|
What is the anticipated
quantity of products/services your customers are likely to purchase? For
example, how much will an individual customer buy in 6 months or 12 months?
|
|
Pricing
strategy
|
Do you have a particular pricing strategy? Why have
you chosen this strategy?
To help you develop your
pricing strategy, you could refer to your customer research, market position,
anticipated demand and costs/expenses to get an idea.
Whatever strategy you use when setting your price,
you will also need to adhere to any relevant fair trading legislation or
codes of conduct.
|
Visit our Fair
trading laws page for your state fair trading office contact details.
|
Value
to customer
|
How do your customers value your products/services?
Are they a necessity, luxury or something in between?
|
|
Growth
potential
|
What is the anticipated
percentage growth of the product in the future? What will drive this growth?
To help you determine this
growth potential, you could refer to your region/industry research to get an
idea of any industry/regional growth that could affect your business in a
positive way. You could also look up any social trends that may have a
positive affect on your business.
|
Download the Social
Trends series from the Australian Bureau
of Statistics website.
|
Sales/marketing
personnel
|
||
Sales/marketing
personnel table
|
List your
current staff in the table provided. Outline each job title, name of the
employee in the position and the main responsibilities related to the
position. You may also like to attach a copy of their resume to the back of
your plan.
|
Visit our Employing
people topic.
|
Question
|
Explanation
|
More information
|
Vision
statement
|
What is your business' vision
statement? It should briefly outline your future plan for the business and
include your overall goals.
|
|
Mission
statement
|
What is your business' mission
statement (i.e. how will you achieve your vision)?
|
|
Goals/objectives
|
What are your short & long term
goals? What activities will you undertake to meet them?
|
The Market
Question
|
Explanation
|
More information
|
Unique selling position
|
How is your
business unique in the market? What differentiates your
product/service from others in the market? What makes your business stand out
from your competition? What product gap or service need does it fill for your
customers?
|
|
Your customers/clients
|
||
Customer demographics
|
Define who
your target customers are and how they behave. You can include age, gender,
social status, education and attitudes. What are their lifestyles,
activities, values, needs, interests or opinions? Where are they located?
|
Download the Social
Trends series from the Australian Bureau
of Statistics website.
|
Key
customers
|
Identify your
key customers. (These can be large consumers of your products or individuals
whose satisfaction is key to the success of your business.) How will you
target your products/service to them? How will you deliver your
product/service to them?
|
|
Customer
management
|
How will you
maintain a good relationship with your customers? What techniques will you
use? How will you keep your customers coming back? Have you introduced
customer service standards? Do you follow any particular code of practice?
|
Visit our Customer
service page. Visit our Codes
of Practice page.
|
Your competitors
|
||
Your
competitors
|
How do you rate against your
competitors? How can your business improve on what they offer?
|
|
Competitor
details table
|
List at least 5 competitors
in the table. For each competitor enter:
§ Competitor: Competitor name.
§ Established
date: When were they established?
§ Size: Number of staff and/or turnover.
§ Market share
(%): Estimated percentage of market share.
§ Value to
customers: Unique value to customers.
Why they would do business with your competitor? For example: convenience,
quality, price or service?
§ Strengths: What are your competitor's main strengths?
§ Weaknesses: What are your competitor's main weaknesses?
|
|
Market
research
|
What
statistical research have you completed to help you analyse your market? Did
you use a survey/questionnaire? If so, you may like to attach a copy of your
survey/questionnaire to the back of this plan.
|
Visit our Researching
your market page.
|
Market
targets
|
Outline your
planned sales targets. These targets need to be realistic and achievable. What
quantity of your products/services do you plan to sell in a planned
timeframe? Are they monthly or yearly targets? For example, you may set
yourself a goal of selling 1 000 products in 12 months.
|
|
Environmental/industry
analysis
|
Detail the
results of the market research you have performed. Is the area experiencing
population growth? Are there long-term employers in the area? Is the region's
economy stable? Are there seasonal variations?
What is the size
of the market? What recent trends have emerged in the market? What growth
potential is available and where do you fit in? How will the market/customers
change when you enter the market? What external factors will affect your
customers?
A good place
to start when researching your regional profile is the Australian Bureau of
Statistics website. The regional profile information includes economy,
population/people, industry and environment/energy statistics.
|
Visit our Market
research & statistics topic.
Visit the Australian Bureau of Statistics National
Regional Profile page.
|
Marketing strategy
|
What is your overall marketing strategy?
What steps or activities will you undertake to achieve your goals/objectives? For each marketing activity/milestone:
§ Marketing activity/milestone: Print advertising, online advertising,
mail-out, giveaway, media release, event, website, blog/social media, public
relations, branding and artwork, or publications and catalogues.
§ Person responsible: Who is responsible
for completing this task?
§ Date
of expected completion: When do you expect to
complete the marketing activity?
§ Cost
($): Estimated cost of activity.
§ Success
indicator: What indicator/ measurement result will
need to be met before this activity is considered a success?
|
Visit our Marketing
& advertising page.
|
Advertising & sales
|
||
Advertising
and promotional strategy table
|
For each
promotion/advertising:
§
Planned promotion/advertising type: What is the promotion/advertising type being used (e.g. Print media advertising, online advertising, SMS, mail-out, giveaway, media release, social
media campaign or event)?
§
Promotional strategy: Why have you decided
to use this promotion/advertising type? How and when will you use it? What is
your strategy behind this? Who will upkeep your social media presence?
§
Expected business improvement: How do you expect it
will improve your business success?
§
Cost ($): What is the cost of
each planned activity?
§ Target
date: When do you expect to complete each activity?
|
Visit our Marketing
& advertising page.
|
Social
media strategy
|
What do you want to achieve/communicate (brand
awareness, online sales etc)? What social media tools do your customers use
(e.g. Blogs, Twitter, Facebook etc)? What strategies can you use to network
and communicate effectively with these customers? Who will upkeep your social media presence?
Do you have internal staff or would you need to engage an external
organisation?
|
|
Sales strategy
|
What sales techniques do
you use? What are your strategies behind these techniques? How is this
different/better than your competitors?
|
Visit our Marketing
& advertising page.
|
Sales
and distribution channels table
|
For each channel enter:
§ Channel type: What channel will you be using (e.g. Shopfront,
internet, direct mail, export or wholesale)?.
§ Products/services: List all the products/services sold via this
channel.
§ Percentage of
sales: What percentage of overall sales do you expect to
sell via this channel?
§ Distribution
strategy: Why have you decided to
use this channel type? How and when will you use it? What is the strategy
behind using this channel type for this particular product/service?
|
To complete the finances portion of this marketing
plan, you should rely heavily on your financial statements and projections. The
business.gov.au Business plan template available at www.business.gov.au/businessplan
can provide you with a start-up costing, balance sheet profit and loss, cash
flow and a break-even analysis template.
Question
|
Explanation
|
More information
|
Price
|
What
price have you determined for your products/services? Does this price take
into account all your costs including personal, start-up, operational, cash
flow and working capital? Have you also allocated a profit margin in your
costing? What price will your target market bear? Do your prices take into
account any seasonal variation to your suppliers’ costs?
|
|
Expected sales
|
What are your expected sales? When do you hope to
achieve these figures? Are there seasonal influences?
|
|
Marketing budget [YEAR]
table
|
Using the
table
The marketing budget table contains a list of
suggested marketing items a typical business may use. When you double click
on the table you can edit these items by removing or adding rows and typing
in your own items. Remember to clearly display the year in the heading. Please note: The
table assumes all figures are GST inclusive.
Total formulas
When you add your costs, the table will automatically
total your items at the bottom of the sheet. If you are adding or removing
rows please double-check your figures to ensure the total formulas have been
preserved.
Attach your
own
If you have your own marketing budget or your
accountant has already prepared one, please feel free to remove the table
supplied and attach your own. If it is a large sheet, you can always attach
it to the back of the plan and make reference to it from this section.
|
Question
|
Explanation
|
More information
|
Monitoring/ measurement
activities table
|
Reviewing the impact of your marketing should be a
periodic activity. List the details of each review in the table provided. For each marketing activity:
§ Marketing activity: Print advertising, online advertising,
mail-out, giveaway, media release, event, website, blog/social networking,
public relations, branding and artwork, or publications and catalogues.
§ Date of review: (e.g. Month/Year or 6 monthly).
§ Monitoring methods: What
tools did you use to measure/monitor the impact of your marketing activities?
§ Review
outcomes: What were the results for the promotional period?
What were your sales/profit figures? How many new/repeat customers did you
receive? How many visitors to your website?
|
Question
|
Explanation
|
More information
|
Supporting documentation
|
List all of your
attachments here. These may include resumes, customer survey/questionnaire
and/or financial documents.
|
[INSERT YOUR BUSINESS LOGO]
[Your Name]
[Your Title]
[Your Title]
[Business Name]
[Main Business Address]
ABN: [ABN]
ACN: [ACN]
[Business Name]
Marketing Plan
Prepared: [Date prepared]
Table of Contents
Marketing Plan Summary
[Please complete this page last]
[Your marketing summary should be completed
last and should be no longer than a page focussing on why your business is
going to be successful. Your answers below should briefly summarise your more
detailed answers provided throughout the body of this plan.]
Business name: [Enter your business name
as registered in your state/territory. If you have not registered your business
name, add your proposed business name.]
Business structure: [Sole trader, partnership,
trust, company.]
ABN: [Registered
Australian Business Number.]
ACN: [Registered Australian Company Number, if applicable.]
Business location: [Main business location]
Date established: [The date you started trading.]
Business owner(s): [List
all of the business owners.]
Relevant owner experience: [Briefly
outline your experience and/or years in the industry and any major
achievements/awards.]
Products/services: [What products/services are you
selling? What is the anticipated demand for your
products/services?]
Vision statement:
[The
vision statement briefly outlines your future plan for the business. It should
state clearly what your overall goals for the business are.]
Goals/objectives:
[What
are your short and long term goals? What activities will you undertake to meet
them?]
Target market:
[Who are you selling to? Why would
they buy your products/services over others?]
Marketing strategy:
[How do you plan to enter the
market? How do you intend to attract customers? How and why will this work?]
[Briefly
outline your sales forecast. How much money will you need up-front? Where will
you obtain these funds from? What portion of funds will you be seeking from
other sources? How much of your own money are you contributing towards the
business?]
[Who are the current
business owners? What products/services does the business provide? Where it is
located? How long has it been operating?]
[List each of your businesses Strengths, Weaknesses,
Opportunities or Threats (S.W.O.T.) in the table below.]
Strengths
|
Weaknesses
|
Opportunities
|
Threats
|
[Outline how and
when you plan to address each of the weaknesses/threats from your S.W.O.T.
analysis above.]
S.W.O.T weakness/ threat
|
Activity to address weakness/threat
|
Activity completion date
|
Product/Service
|
Description
|
Price
|
[Product/service name]
|
[Brief product/service description]
|
[Unit price
including GST]
|
Market position: [Where
do your products/services fit in the market? Are they high-end, competitive or
budget? How does this compare to your competitors?]
Unique selling position: [How will your products/services
succeed in the market where others may have failed? What gives your
products/services the edge?]
Anticipated demand: [What
is the anticipated quantity of products/services your customers are likely to
purchase? For example, how much will an individual customer buy in 6 months or
12 months?]
Pricing strategy: [Do
you have a particular pricing strategy? Why have you chosen this strategy?]
Value to customer: [How
do your customers view your products/services? Are they a necessity, luxury or
something in between?]
Growth potential: [What
is the anticipated percentage growth of the product in the future? What will drive
this growth?]
Job Title
|
Name
|
Responsibilities
|
[e.g.
Marketing/ Sales Manager]
|
[Mr
Chris Brantley]
|
[What
are the main responsibilities of this position?]
|
[What is your business' vision statement? It should briefly outline your
future plan for the business and include your overall goals.]
[What is your business' mission
statement (i.e. how will you achieve your vision)?]
[What
are your short & long term goals? What activities will you undertake to
meet these goals?]
Unique selling position
[How is your business unique in the market? What differentiates your product/service from others in the market? What makes your business stand out from your competition? What product gap or service need does it fill for your customers?]
[How is your business unique in the market? What differentiates your product/service from others in the market? What makes your business stand out from your competition? What product gap or service need does it fill for your customers?]
[Define who your target customers are and how they behave. You can include age, gender, social status, education and
attitudes. What are their lifestyles, activities, values, needs, interests or opinions?
Where are they located?]
Key
customers
[Identify your key customers.
(These can be large consumers of your products/services or individuals whose
satisfaction is key to the success of your business.) How will you target your
products/services to them? How will you deliver your products/services to them?]
Customer
management
[How will you maintain a good relationship with your customers? What
techniques will you use? How will you keep your customers coming back? Have you
introduced customer service standards? Do you follow any
particular code of practice?
[How
do you rate against your competitors? How can your business improve on what
they offer?]
Competitor
details
[List at least 5
competitors in the table below.]
Competitor
|
Established date
|
Size
|
Market share (%)
|
Value to customers
|
Strengths
|
Weaknesses
|
[Competitor
name]
|
[When
were they established?]
|
[Number of staff and/or turnover]
|
[Estimated
percentage of market share]
|
[Unique
value to customers, e.g. convenience, quality, price or service?]
|
[What
are your competitor's main strengths?]
|
[What
are your competitor's main weaknesses?]
|
[What research have you completed to help you analyse your market? Did
you use a survey/questionnaire? If so, you may like to attach a copy of your
survey/questionnaire and findings to the back of this plan.]
[Outline your planned sales targets. What quantity of your
products/services do you plan to sell in a planned timeframe? Are they monthly
or yearly targets?]
[Detail the results of the market research you have performed. Is the
area experiencing population growth? Are there long-term employers in the area?
Is the region's economy stable? Are there seasonal variations?
What is the size of the market? What recent trends have emerged in
the market? What growth potential is available and where do you fit in? How
will the market/customers change when you enter the market? What external
factors will affect your customers?]
[What is you overall
marketing strategy? What steps or
activities will you undertake to achieve your goals/objectives?]
Marketing activity/milestone
|
Person responsible
|
Date of expected completion
|
Cost ($)
|
Success indicator
|
[Print advertising, online advertising,
mail-out, giveaway, media release, event, website, blog/social media, public
relations, branding and artwork, or publications and catalogues.]
|
[Who is responsible for
completing this task?]
|
[When do you expect to
complete the marketing activity?]
|
[Estimated cost of activity.]
|
[What indicator/ measurement
result will need to be met before this activity is considered a success?]
|
Advertising and promotional strategy
Planned promotion /advertising type
|
Promotional strategy
|
Expected business improvement
|
Cost ($)
|
Target date
|
[Print media advertising, online
advertising, SMS, mail-out, giveaway, media release, social media campaign or
event.]
|
[Why
have you decided to use this promotion/advertising type? How and when will
you use it? What is your strategy behind this? Who will upkeep your social
media presence?]
|
[How do you expect it will improve your
business success?]
|
[Estimated cost of activity.]
|
[e.g. Dec 09]
|
Social media strategy
[What do you want to achieve/communicate (brand awareness, online
sales etc)? What social media tools do your customers use (e.g. Blogs, Twitter,
Facebook etc)? What strategies can you use to network and communicate effectively
with these customers? Who will upkeep your social media presence – do you have
the internal staff or would you need to engage an external organisation]
Sales strategy
[What sales techniques do you use? What are
your strategies behind these techniques? How is this different/better than your
competitors?]
Sales and distribution channels
Channel type
|
Products/services
|
Percentage of sales (%)
|
Distribution strategy
|
[e.g. Shopfront, internet, direct mail,
export or wholesale.]
|
[List all the products/services sold via
this channel]
|
[What percentage of overall sales do you
expect to sell via this channel?]
|
[Why have you decided to use this channel
type? How and when will you use it? What is the strategy behind using this
channel type for this particular product/service?]
|
[To complete the
finances portion of this marketing plan, you should rely heavily on your
financial statements and projections. The business.gov.au Business plan
template available at www.business.gov.au/businessplan can
provide you with a start-up costing, balance sheet profit and loss, cash flow
and a break-even analysis template.]
Price
[What price have you determined for your products/services? Does this price take into account all your costs including personal, start-up, operational, cash flow and working capital? Have you also allocated a profit margin in your costing? What price will your target market bear? Do your prices take into account any seasonal variation to your suppliers’ costs?]
[What price have you determined for your products/services? Does this price take into account all your costs including personal, start-up, operational, cash flow and working capital? Have you also allocated a profit margin in your costing? What price will your target market bear? Do your prices take into account any seasonal variation to your suppliers’ costs?]
Expected sales
[What are your expected sales? When do you hope to achieve these figures? Are there seasonal influences?]
[What are your expected sales? When do you hope to achieve these figures? Are there seasonal influences?]
[Reviewing the
impact of your marketing should be a periodic activity. List the details of each
review in the table below.]
Marketing activity
|
Date of review
|
Monitoring methods
|
Review outcomes
|
[Print
advertising, online advertising, mail-out, giveaway, media release, event,
website, blog/social media, public relations, branding and artwork, or
publications and catalogues.]
|
[e.g. Month/Year]
|
[What tools
did you use to measure/monitor the impact of your marketing activities?]
|
[What
were the results for the promotional period? What were your sales/profit
figures? How many new/repeat customers did you receive? How many customers
visited your website?]
|
Supporting documentation
Attached is my
supporting documentation in relation to this business plan. The attached
documents include:
§
[List
all of your attachments here. These may include resumes, customer survey/questionnaire
and/or financial documents.]
Glossary
Australian Business Number (ABN) – a single identifying number used
when dealing with other businesses and the Tax Office.
Australian Company Number (ACN) – the number allocated by the
Australian Securities and Investments Commission (ASIC) when you register a
company under Corporations Law.
Blog –is a
shortened word for Weblog (see Weblog).
Channel
– a way of delivering something to
its destination, whether it is a message to be communicated or a physical
product to be delivered.
Contract
– a legally enforceable agreement
made between two or more parties. A contract may be a verbal contract or a
written contract (or may be partly verbal and partly written).
Demographics – the characteristics of a segment of the population,
e.g. customers.
Domain name – a name that identifies an organisation's address on
the internet, either a website address (the domain name follows the 'www') or
an email address (the domain name follows the '@' symbol in the email address).
Goods and Services Tax (GST) – a broad-based tax of 10 per cent
on the sale of most goods and services in Australia.
High-end – usually refers to expensive or high
quality products/services.
Market position – refers to the position an organisation, product
or service has in the market, usually in relation to its competition.
Milestone – a goal or objective with a target date.
Mission statement – is a statement outlining how an organisation intends on
achieving its vision.
Social media – a group of technology including
Blogs, online networks (e.g. Twitter, Facebook, MySpace, LinkedIn) and online
collaboration tools often used to expand your network/market reach or
collaborate on a large scale.
Unique selling position – a characteristic of a business or a product/service
that sets it apart from the competition.
Vision statement – an inspiring statement that expresses an organisation's
main ambitions/goals.
Weblog – (also
known as a Blog) an individual's or organisation's online website displaying a
reverse-chronological list of entries (known as posts). Posts typically include
thoughts, observations, promotions, links, images or videos. A Weblog is
publically available and allows readers to comment on posts.
For customised marketing plan: jumachris85@gmail.com
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