What are the key parts of a marketing planSolutionmarketing

What are the key parts of a marketing plan?

Solution

marketing is a process where it starts with identifying the needs of the customer and ends with satisfying the needs. here every step is important and we can not say that this is the important step and the other one unimportant.

the steps are as follows;

identify the customer need or requirement or unrecognised area by any other

design a product or plan a service to fulfill the need

employ all the resources to make it

fix price to all the factors of inputs and based on it fix price the product

select a distribution channel which covers all the potential customers

select a best promotional activity or mode to reach all the customers at reasonable cost.

here the above all steps will play a key role in success of any product. and each one in important and interlinked also.