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Entrepreneur

THE ENTREPRENEUR'S MARKETING PLAN

This is the marketing plan of
____________________________

I. MARKET ANALYSIS
A. Target Market - Who are the customers?
1. We will be selling primarily to (check all that apply):

Total Percent of Business 
bulletPrivate sector
bulletWholesalers
bulletRetailers
bulletGovernment
bulletOther

2. We will be targeting customers by:
bulletProduct line/services.  We will target specific lines
bulletSales? We will target sales of
bulletIndustry? Our target industry is
bulletGeographic area? Which areas?
bulletOther?

3. How much will our selected market spend 
on our type of product or service this coming year?
$________________

B. Competition

1. Who are our competitors?
bulletNAME
bulletADDRESS
bulletYears in Business
bulletMarket Share
bulletPrice/Strategy
bulletProduct/Service
bulletFeatures

 

2. How competitive is the market?

__  Low __  Medium __  High


3. List below your strengths and weaknesses compared to your competition (consider such areas as location, size of resources, reputation, services, personnel, etc.):

Strengths Weaknesses
   
   
   
   

C. Environment

1. The following are some important economic factors that will affect our product or service (such as trade area growth, industry health, economic trends, taxes, rising energy prices, etc.):

bullet______________________________________
bullet______________________________________
bullet______________________________________

2. The following are some important legal factors that will affect our market:

bullet______________________________________
bullet______________________________________
bullet______________________________________

3. The following are some important government factors:

bullet______________________________________
bullet______________________________________
bullet______________________________________

4. The following are other environmental factors that will affect our market, but over which we have no control:

bullet______________________________________
bullet______________________________________
bullet______________________________________

II. PRODUCT OR SERVICE ANALYSIS

A. Description

1. Describe here what the product/service is and what it does:

bullet______________________________________
bullet______________________________________
bullet______________________________________

B. Comparison

1. What advantages does our product/service have over those of the competition (consider such things as unique features, patents, expertise, special training, etc.)?

bullet________________________________________
bullet________________________________________
bullet________________________________________

2. What disadvantages does it have?

bullet________________________________________
bullet________________________________________
bullet________________________________________

C. Some Considerations

1. Where will you get your materials and supplies?
______________________________________________

2. List other considerations:

bullet________________________________________
bullet________________________________________

 

 

Starting a Business

Business Description
Product - Service
Marketing
Market Mix
Competition
Pricing & Sales
Advertising
Management Plan
Finanacial Management
Entrepreneur
Tips & Tricks
Price / Quality
Income Projection
Balance Sheet
Cash Flow
Resources


 

 

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