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THE MARKETING PLAN
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LEARNING INTENTIONS Students will be able to: Constructively use a SWOT analysis to form business recommendations Describe the purpose of a marketing plan Identify the basic conventions of business writing
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THE MARKETING PLAN Purpose it to answer the following questions: What is our present situation? Where do we want to go? How do we get there from here? Have we achieved what we set out to do? (Come later)
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DETERMINING THE PRESENT SITUATION Using your textbook, flip to page 293 and identify the key tasks of this step. Include a brief description of each in your own words.
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WHERE DO WE WANT TO GO? What possible options would a brand have for getting more sales? Consider Coke – what strategies could the brand employ to bring in more revenue?
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HOW DO WE GET THERE – MORE ON THIS LATER The Marketing Mix – 4 P’s. Growth Strategies – ensuring your product survives to make you money.
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HAVE WE ACHIEVED WHAT WE SET OUT TO? Why is asking this question important? What might you have to measure to answer this question?
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HAVE WE ACHIEVED WHAT WE SET OUT TO? Using your textbook, flip to page 297 and identify the key indicators managers use. Include a brief description of each in your own words.
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ACTIVITY 17.1 Get in pairs and look over activity 17.1 (page 295) – answer all questions. - Hint: Use Melbourne City for question 5!
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BUSINESS WRITING CONVENTIONS Brainstorm – how would a business report look different to an email to a friend or an English essay?
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