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Q: Marketing Question ( Answered,   0 Comments )
Question  
Subject: Marketing Question
Category: Miscellaneous
Asked by: jesileigh-ga
List Price: $8.00
Posted: 15 Jul 2005 11:39 PDT
Expires: 14 Aug 2005 11:39 PDT
Question ID: 543895
Distinguish clearly between a marketing strategy, a marketing plan and
a marketing program.
Answer  
Subject: Re: Marketing Question
Answered By: wonko-ga on 15 Jul 2005 12:42 PDT
 
A marketing plan consists of a marketing strategy and one or more
marketing programs.  Specific marketing programs are designed to serve
the customer groups identified by the marketing strategy.

"A sound marketing plan is key to the success of your business. It
should include your market research, your location, the customer group
you have targeted, your competition, positioning, the product or
service you are selling, pricing, advertising, and promotion."

"Marketing Plan" Small Business Administration
http://www.sba.gov/starting_business/marketing/plan.html

"A marketing strategy identifies customer groups which a particular
business can better serve than its target competitors, and tailors
product offerings, prices, distribution, promotional efforts, and
services toward those market segments. "

"Every marketing program contains four key components: 

Products and Services 
Promotion 
Distribution 
Pricing 

These are combined into an overall marketing program."

"Marketing Basics" Small Business Administration
http://www.sba.gov/starting_business/marketing/basics.html

Sincerely,

Wonko

Search terms: "marketing strategy" "marketing plan" "marketing program"
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