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Marketing Plan Description

Posted: Tue Jan 28, 2025 4:53 am
by maksudasm
For investors, this section is the most indicative for making a decision on financing a future enterprise. It contains the most important factors necessary for assessing the success of a business.

One of the main goals of business planning is to determine the forecasted sales volume of goods by product range and by production as a whole. This indicator serves as the basis for further financial calculations and largely determines the attractiveness of the business for the investor.

No less important components of this section are the directions of the marketing program that will be implemented in the course of the commercial enterprise's activities. To create a complete picture, it is necessary to conduct market research, determine their size and entry opportunities, as well as the share that a new business can claim.

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I have always been concerned norway email list about the issue of moving to a fundamentally new level. So that the indicators would grow not by 2 or 3 times, but by several orders of magnitude. From a thousand visits to ten thousand or from ten thousand to a hundred thousand, if we are talking about a website, for example.

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Technical condition of the site.
SEO.
Collection of site semantics.
Creating useful content.
Working on conversion.
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The description of the marketing strategy includes measures to achieve the planned sales volumes. At the business planning stage, priority methods of sales organization are determined: whether an in-house sales service will be created, whether it is planned to attract dealers, distributors and other intermediaries, what is the number of employees employed in this area, and so on. Methods of product promotion, specific advertising tools, the use of which, in the opinion of the creators of the business plan, will be most effective, are described.

The section indicates projected sales volumes for the entire range based on planned sales volumes and the market value of the product.

Pricing issues are also considered in this section of the business plan. The cost of a product or service for the end consumer should ensure a sufficient level of profit and at the same time meet competitiveness requirements. Justification and description of the price structure, as well as its dynamics in the future depending on the growth of production volumes will help investors to form an idea of ​​the profitability of the business.

Determining the volume of product sales is one of the most difficult moments of business planning. Sales should be forecasted using several scenarios - from a pessimistic one, which takes into account all possible negative factors, to an optimistic one. Sales volume indicators for different scenarios can differ significantly, and this information is considered basic for assessing investment risks.

If a large range of products is planned to be produced, the volume, sales, and price figures are given for each item, and then the overall figures are given for the entire list of goods or services.