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Techno-Babble Clarification Site

 

 

 

 

 

Marketing Plan

Definition

The part of the business plan outlining the marketing strategy for a product or service.

Information

The marketing plan includes information such as the product or service offered, pricing, target market, competitors, marketing budget and promotional mix.

Luckily, marketers do not have to start from scratch. Off-the-shelf software exists to guide entrepreneurs through the format of a business plan. Some sites also offer sample business plans for added guidance.

Synonyms

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Related Terms

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