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Marketing plan tool
Business name
Market research
Market research helps you understand your customers and identify opportunities in the market.
Example: We surveyed 30 potential customers to assess demand, gaps and issues in the market. We found that most consumers find the large number of coffee brands and blends confusing.
Market opportunities
What problems do you solve for customers?
Use your market research to identify problems your target customers face. Then explain how your business will solve them.
For example: Is it hard to access your type of service in a particular area? Are products from other businesses too expensive?
Target market
Identifying your target market helps focus your marketing efforts and improve your chances of success.
Example: Our products are targeted at adults over 30 with a medium-to-high disposable income.
Marketing goals
Try to make your goals SMART: specific, measurable, achievable, relevant and time-bound.
Products and services
What makes each of your products or services unique?
Describe why customers should buy your product or service instead of your competitors'.
Price
Explain your pricing strategy and why you chose it.
Example: We sell our coffee beans at the cost of production and distribution plus a 50% markup. This lets us make a profit while keeping products affordable for our target customers.
Sales channels
Where will you sell your products or services?
How will you deliver your product or service to customers? For example, wholesale, a shopfront, a website or a market stall. Think about your target audience when you choose distribution channels.
Customer relationships
Example: We’ll implement a customer relationship management (CRM) system to keep track of our customers. We’ll create and maintain customer service standards. We’ll launch a loyalty program with discounts and exclusive offers for our regular customers.
Promotion and advertising
What channels will you use to promote and advertise to your target customers?
Choose channels that suit your target market. Learn about choosing the best channels to communicate with your customers.
Finances
Use your financial statements and forecasts to complete this section. Our financial templates can help you track your finances.
Example: Our expected sales for the 20XX–20XX financial year are $XXXX.
Marketing budget
What marketing items do you need to budget for?
Add the likely annual costs for your marketing items. For example, online advertising, graphic design, events.
Use numbers only for costs. No letters or special characters.
Find out more about creating a budget.
Review your plan
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Business name
Market research
Market opportunities
Target market
Marketing goals
Products and services
Pricing strategy
Sales channels
How we’ll manage customer relationships
Promotion and advertising
Expected sales
Marketing budget
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