Sample Marketing Plan Outline
I. Mission Statement
A. State the purpose of the marketing plan.
B. Explain why you are in business, both personal and business goals.
C. Review business goals and objectives as well as specific strategies to reach them.
II. Product/Service
A Identify each service and product specifically. In this case attractions and events can be
added to the description of product.
B. Differentiate products/services in terms of exclusive processes or superior ingredients and
other features.
C. Describe product/service weaknesses.
D. Describe product lines, and new products/services that will be introduced.
E. Give cost of each product/service/attraction
F. Give the price you plan to charge for each product/service/attraction
G. Identify percent of annual sales and total dollar amount each product/service represents.
Ill. Market
A. Identify your customers - include all demographic and lifestyle information.
B. Identify location of customers (local, regional, national or international).
C. Identify factors in customer selection of the products/services and brands, including
remittances.
D. Identify the size of the total market
E. Identify market trends, including information about market studies and test marketing.
F. List factors that affect purchasing such as: 1) seasons, 2) obsolescence, 3) tax considerations,
4) price, availability, service, 5) emotional considerations, and 6) all other factors.
G. Will promotional activities be concentrated in specific markets?
IV. Competition (Direct and Indirect)
A. Identify competitors by divisions, product lines and markets.
B. Identify and compare your company's and your competitors' strengths and weaknesses.
C. Compare your marketing techniques with those of your competitors.
V. Pricing
A. Review product/service costs for accuracy including all variable and fixed expenses.
B. Be sure all products/services carry their share of expenses plus provide for profit.
C. Compare prices for your products/services with similar products/services in the industry.
1. If your prices will be higher, they need to provide the necessary "added value" to justify.
2. If your prices are lower, explain why in terms of your marketing strategy.
VI. Distribution
A. Identify the most effective methods for getting products/services to customers in the target
market.