Marketing Plan For An Organization Based On My Research Essay

Marketing Plan For An Organization Based On My Research Essay

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LO 3 Develop and evaluate a basic marketing plan

Listed below are some findings on how to produce and evaluate a basic marketing plan for an organization based on my research;

It is important for all small business to outline the company 's course to success, a marketing plan is essential to define research and methods used to target customers (Martin, 2016).



According to Entrepreneur, (2016, par.1) " A good marketing plan spells out all the tools and tactics you 'll use to achieve your sales goals. It 's your plan of action. What you 'll sell who 'll want to buy it and the tactics you 'll use to generate leads that result in sales."



Business.vic.gov.au (2015, par.1) states, "A good marketing plan will help you answer key questions about your business, and act as a reference document to help you to execute your marketing strategy."



Marketing plans should be regularly adjusted and evaluated to steer the business to meet its goals, objectives and customers needs (Morello, 2016).



P4 Produce and evaluate a basic marketing plan for an organization.

According to Martin (2016) below is a basic marketing plan for The Beer Barrel Saloon Bar & Grill.

The Beer Barrel Saloon Bar & Grill provides a clear cut top of the line food and bar service that was well needed in the market. The style of food served is different from what competitors offer. Customers can expect to satisfy their palette on a budget while dining in a family friendly exquisitely decorated environment. The bar area is fully equipped for a fun hangout spot.



The BBS caters to every age that prefers something different from what other competitors offer. The BBS is located in a essential spot that is closer to all the...


... middle of paper ...


...ability in the long run.








REFERENCES



Martin, M. (2016). How to Create an Effective Marketing Plan. [online] Business News Daily. Available at: http://www.businessnewsdaily.com/4-creating-effective-business-marketing-plan.html [Accessed 10 Dec. 2016].

Morello, R. (2016). 7 Ways to Evaluate Your Marketing Plan. [online] Smallbusiness.chron.com. Available at: http://smallbusiness.chron.com/7-ways-evaluate-marketing-plan-58331.html [Accessed 10 Dec. 2016].

Entrepreneur. (2016). Use These 5 Steps to Create a Marketing Plan. [online] Available at: https://www.entrepreneur.com/article/241953 [Accessed 10 Dec. 2016].

Business.vic.gov.au. (2015). Writing a marketing plan | Business Victoria. [online] Available at: http://www.business.vic.gov.au/marketing-sales-and-online/increasing-sales-through-marketing/marketing-plan-template [Accessed 10 Dec. 2016].

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