Promoting the Product
This portion of the marketing plan is how you will promote
the product so that the consumer will see it, want it, and buy
it. Then come back for more. The first decision should be what
kind of message about the product that will be sent to the
consumer and how to reach the consumer.
Price of Advertising
How much of a marketing budget is allowed for the product.
Figured into the price must be the actual advertising but also
any wages for advertisers. How much benefit will be had from the
marketing also needs to be thought out.
Advertising Venues
Where to advertise, there are many media venues to reach the
targeted consumer: internet, television, radio, newspapers,
magazines, the list is endless. Will there be some kind of
marketing materials, such as business cards, samples, or
brochures. Also need to look at how if any publicity is going to
be used and the cost.
Budget
All of the above answers to the questions can be put in a
budget. The answers to the above questions can be found be doing
market research or by looking into the marketing plans of
similar products. If adding a website for advertising it should
also be included in this section of the marketing plan.
Wrapping Up the Marketing Plan
We have now gone through several articles that describe how
to create a marketing plan by figuring out how the product is
unique, tailoring the marketing plan to market the specific
product, figuring out the price to charge, how the product will
be distributed, and how to advertising the product.
Now get the marketing plan together and create the website.