Seven Essential Components to a Marketing Plan

When you start out in business, two things are scarce: time and resources. To create an effective new business strategy and ensure you're not wasting time or money, you need a marketing plan.

Explanation:

access to online services from home. Identify consumer buying habits in the industry, market size, market growth or decline, and any current trends.

2. Target market. A well-designed target market description identifies your most likely buyers. In addition, you should discuss at least two or three levels of segmentation. A language tutoring business might target both students and foreign-born employees who want to improve their English.

3. Positioning. What is the perception of your brand in the marketplace? For example, if your restaurant sells burgers, do customers see you as the place to go for gluten-free or healthy options or the place to go if you’ve got an appetite for a double cheeseburger? The difference in how the target market sees you is your positioning. Develop compelling branding and marketing messages that clearly communicate how you want to be perceived.

~~~Pa brainlest nalang po ang haba ng sagot ko eh ty~~~~~