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Blog Marketing What is a Marketing Plan & How to Create One [with Examples]

What is a Marketing Plan & How to Create One [with Examples]

Written by: Sara McGuire Oct 26, 2023

A marketing plan is a blueprint that outlines your strategies to attract and convert your ideal customers as a part of your customer acquisition strategy . It’s a comprehensive document that details your:

• Target audience:  Who you’re trying to reach
• Marketing goals:  What you want to achieve
• Strategies and tactics:  How you’ll reach your goals
• Budget:  Resources you’ll allocate
• Metrics:  How you’ll measure success

In this article, I’ll explain everything you need to know about creating a marketing plan . If you need a little extra help, there are professionally designed marketing plan templates that’ll make the process much easier. So, let’s ditch the confusion and get started!

Click to jump ahead:

What is a marketing plan?

How to write a marketing plan .

• Marketing plan v.s. business plan
• Types of marketing plans

9 marketing plan examples to inspire your growth strategy

Marketing plan faqs.

A marketing plan is a report that outlines your marketing strategy for your products or services, which could be applicable for the coming year, quarter or month.  

Watch this quick, 13-minute video for more details on what a marketing plan is and how to make one yourself:

Typically, a marketing plan includes:

• An overview of your business’s marketing and advertising goals
• A description of your business’s current marketing position
• A timeline of when tasks within your strategy will be completed
• Key performance indicators (KPIs) you will be tracking
• A description of your business’s target market and customer needs
• A description of how you will measure the performance of the strategy

For example, this marketing plan template provides a high-level overview of the business and competitors before diving deep into specific goals, KPIs and tactics:

Learning how to write a marketing plan forces you to think through the important steps that lead to an effective marketing strategy . And a well-defined plan will help you stay focused on your high-level marketing goals.

With Venngage’s extensive catalog of marketing plan templates , creating your marketing plan isn’t going to be hard or tedious. In fact, Venngage has plenty of helpful communications and design resources for marketers. If you’re ready to get started, sign up for  Venngage for Marketers   now. It’s free to register and start designing.

Whether you’re a team trying to set smarter marketing goals, a consultant trying to set your client in the right direction, or a one-person team hustling it out, Venngage for Marketers helps you get things done.

As mentioned above, the scope of your marketing plan varies depending on its purpose or the type of organization it’s for.

For example, you could create a marketing plan that provides an overview of a company’s entire marketing strategy or simply focus on a specific channel like SEO, social media marketing, content marketing and more, like in this example:

A typical outline of a marketing plan includes:

• Executive summary
• Goals and objectives
• User personas
• Competitor analysis/SWOT analysis
• Baseline metrics
• Marketing strategy
• Tracking guidelines

Below you will see in details how to write each section as well as some examples of how you can design each section in a marketing plan.

Let’s look at how to create a successful marketing plan (click to jump ahead):

• Write a simple executive summary
• Set metric-driven marketing goals
• Outline your user personas
• Research all of your competitors
• Set accurate key baselines & metrics
• Create an actionable marketing strategy
• Set tracking or reporting guidelines

1. Write a simple executive summary

Starting your marketing plan off on the right foot is important. You want to pull people into your amazing plan for marketing domination. Not bore them to tears.

One of the best ways to get people excited to read your marketing plan is with a well-written executive summary. An executive summary introduces readers to your company goals, marketing triumphs, future plans, and other important contextual facts.

Basically, you can use the Executive Summary as a primer for the rest of your marketing plan.

Include things like:

• Simple marketing goals
• High-level metrics
• Important company milestones
• Facts about your brand
• Employee anecdotes
• Future goals & plans

Try to keep your executive summary rather brief and to the point. You aren’t writing a novel, so try to keep it under three to four paragraphs.

Take a look at the executive summary in the marketing plan example below:

The executive summary is only two paragraphs long — short but effective.

The executive summary tells readers about the company’s growth, and how they are about to overtake one of their competitors. But there’s no mention of specific metrics or figures. That will be highlighted in the next section of the marketing plan.

An effective executive summary should have enough information to pique the reader’s interest, but not bog them down with specifics yet. That’s what the rest of your marketing plan is for!

The executive summary also sets the tone for your marketing plan. Think about what tone will fit your brand ? Friendly and humorous? Professional and reliable? Inspiring and visionary?

2. Set metric-driven marketing goals

After you perfect your executive summary, it’s time to outline your marketing goals.

(If you’ve never set data-driven goals like this before, it would be worth reading this growth strategy guide ).

This is one of the most important parts of the entire marketing plan, so be sure to take your time and be as clear as possible. Moreover, optimizing your marketing funnel is key. Employing effective funnel software can simplify operations and provide valuable customer insights. It facilitates lead tracking, conversion rate analysis, and efficient marketing optimization .

As a rule of thumb, be as specific as possible. The folks over at  VoyMedia  advise that you should set goals that impact website traffic, conversions, and customer success — and to use real numbers.

Avoid outlining vague goals like:

• Get more Twitter followers
• Write more articles
• Create more YouTube videos (like educational or Explainer videos )
• Increase retention rate
• Decrease bounce rate

Instead, identify  key performance metrics  (KPI) you want to impact and the percentage you want to increase them by.

Take a look at the goals page in the marketing plan example below:

They not only identify a specific metric in each of their goals, but they also set a timeline for when they will be increased.

The same vague goals listed earlier become much clearer when specific numbers and timelines are applied to them:

• Get 100 new Twitter followers per month
• Write 5 more articles per week
• Create 10 YouTube videos each year
• Increase retention rate by 15% by 2020
• Decrease bounce rate by 5% by Q1
• Create an online course  and get 1,000 new leads
• Focus more on local SEO strategies
• Conduct a monthly social media report to track progress

You can dive even deeper into your marketing goals if you want (generally, the more specific, the better). Here’s a marketing plan example that shows how to outline your growth goals:

3. Outline your user personas

Now, this may not seem like the most important part of your marketing plan, but I think it holds a ton of value.

Outlining your user personas is an important part of a marketing plan that should not be overlooked.

You should be asking not just how you can get the most visitors to your business, but how you can get the right visitors.

Who are your ideal customers? What are their goals? What are their biggest problems? How does your business solve customer problems?

Answering these questions will take lots of research, but it’s essential information to get.

Some ways to conduct user research are:

• Interviewing your users (either in person or on the phone)
• Conducting focus groups
• Researching other businesses in the same industry
• Surveying your audience

Then, you will need to compile your user data into a user persona  guide.

Take a look at how detailed this user persona template is below:

Taking the time to identify specific demographic traits, habits and goals will make it easier for you to cater your marketing plan to them.

Here’s how you can create a user persona guide:

The first thing you should add is a profile picture or icon for each user persona. It can help to put a face to your personas, so they seem more real.

Next, list demographic information like:

• Identifiers
• Activities/Hobbies

The user persona example above uses sliding scales to identify personality traits like introversion vs. extroversion and thinking vs. feeling. Identifying what type of personality your target users tend to have an influence on the messaging you use in your marketing content.

Meanwhile, this user persona guide identifies specific challenges the user faces each day:

But if you don’t want to go into such precise detail, you can stick to basic information, like in this marketing plan example:

Most businesses will have a few different types of target users. That’s why it’s pertinent to identify and create several different user personas . That way, you can better segment your marketing campaigns and set separate goals, if necessary.

Here’s a marketing plan example with a segmented user persona guide:

The important thing is for your team or client to have a clear picture of who their target user is and how they can appeal to their specific problems.

Start creating robust user personas using Venngage’s user persona guide .

4. Conduct an extensive competitor analysis

Next, on the marketing plan checklist, we have the competitor research section. This section will help you identify who your competitors are, what they’re doing, and how you could carve yourself a place alongside them in your niche — and ideally, surpass them. It’s something you can learn to do with rank tracking software .

Competitor research is also incredibly important if you are starting a blog .

Typically, your competitor research should include:

• Who their marketing team is
• Who their leadership team is
• What their marketing strategy and strategic marketing plan are (this will probably revolve some reverse-engineering)
• What their sales strategy is (same deal)
• Social Media strategy (are they using discounting strategies such as coupon marketing to get conversions)
• Their market cap/financials
• Their yearly growth (you will probably need to use a marketing tool like Ahrefs to do this)
• The number of customers they have & their user personas

Also, take as deep a dive as you can into the strategies they use across their:

• Blog/Content marketing
• Social media marketing
• SEO Marketing
• Video marketing
• And any other marketing tactics they use

Research their strengths and weaknesses in all parts of their company, and you will find some great opportunities. Bookmark has a great guide to different marketing strategies for small businesses  if you need some more information there.

You can use this simple SWOT analysis worksheet to quickly work through all parts of their strategy as well:

Click the template above to create a SWOT chart . Customize the template to your liking — no design know-how needed.

Since you have already done all the research beforehand, adding this information to your marketing plan shouldn’t be that hard.

In this marketing plan example, some high-level research is outlined for 3 competing brands:

But you could take a deeper dive into different facets of your competitors’ strategies. This marketing plan example analyses a competitor’s content marketing strategy:

It can also be helpful to divide your competitors into Primary and Secondary groups. For example, Apple’s primary competitor may be Dell for computers, but its secondary competitor could be a company that makes tablets.

Your most dangerous competitors may not even be in the same industry as you. Like the CEO of Netflix said, “Sleep is our competition.”

5. Set accurate key baselines & metrics

It’s pretty hard to plan for the future if you don’t know where your business stands right now.

Before we do anything at Venngage, we find the baselines so we can compare future results to something. We do it so much it’s almost like second nature now!

Setting baselines will allow you to more accurately track your progress. You will also be able to better analyze what worked and what didn’t work, so you can build a stronger strategy. It will definitely help them clearly understand your goals and strategy as well.

Here’s a marketing plan example where the baselines are visualized:

Another way to include baselines in your plan is with a simple chart, like in the marketing plan example below:

Because data can be intimidating to a lot of people, visualizing your data using charts and infographics will help demystify the information.

6. Create an actionable marketing strategy

After pulling all the contextual information and relevant metrics into your marketing plan, it’s time to break down your marketing strategy.

Once again, it’s easier to communicate your information to your team or clients using visuals .

Mind maps are an effective way to show how a strategy with many moving parts ties together. For example, this mind map shows how the four main components of a marketing strategy interact together:

You can also use a flow chart to map out your strategy by objectives:

However you choose to visualize your strategy, your team should know exactly what they need to do. This is not the time to keep your cards close to your chest.

Your strategy section may need to take up a few pages to explain, like in the marketing plan example below:

With all of this information, even someone from the development team will understand what the marketing team is working on.

This minimalistic marketing plan example uses color blocks to make the different parts of the strategy easy to scan:

Breaking your strategy down into tasks will make it easier to tackle.

Another important way to visualize your marketing strategy is to create a project roadmap. A project roadmap visualizes the timeline of your product with individual tasks. Our roadmap maker can help you with this.

For example, this project roadmap shows how tasks on both the marketing and web design side run parallel to each other:

A simple timeline can also be used in your marketing plan:

Or a mind map, if you want to include a ton of information in a more organized way:

Even a simple “Next, Now, Later” chart can help visualize your strategy:

7. Set tracking or reporting guidelines

Close your marketing plan with a brief explanation of how you plan to track or measure your results. This will save you a lot of frustration down the line by standardizing how you track results across your team.

Like the other sections of your marketing plan, you can choose how in-depth you want to go. But there need to be some clear guidelines on how to measure the progress and results of your marketing plan.

At the bare minimum, your results tracking guidelines should specify:

• What you plan to track
• How you plan to track results
• How often you plan to measure

But you can more add tracking guidelines to your marketing plan if you see the need to. You may also want to include a template that your team or client can follow,  for  client reporting ,  ensure that the right metrics are being tracked.

The marketing plan example below dedicates a whole page to tracking criteria:

Use a task tracker to track tasks and marketing results, and a checklist maker to note down tasks, important life events, or tracking your daily life.

Similarly, the marketing plan example below talks about tracking content marketing instead:

Marketing plan vs. marketing strategy

Although often used interchangeably, the terms “marketing plan” and “marketing strategy” do have some differences.

Simply speaking, a marketing strategy presents what the business will do in order to reach a certain goal. A marketing plan outlines the specific daily, weekly, monthly or yearly activities that the marketing strategy calls for. As a business, you can create a marketing proposal for the marketing strategies defined in your company’s marketing plan. There are various marketing proposal examples that you can look at to help with this.

A company’s extended marketing strategy can be like this:

Notice how it’s more general and doesn’t include the actual activities required to complete each strategy or the timeframe those marketing activities will take place. That kind of information is included in a marketing plan, like this marketing plan template which talks about the content strategy in detail:

Marketing plan v.s business plan

While both marketing plans and business plans are crucial documents for businesses, they serve distinct purposes and have different scopes. Here’s a breakdown of the key differences:

Business plan is a comprehensive document that outlines all aspects of your business, including:

• Mission and vision
• Products or services
• Target market
• Competition
• Management team
• Financial projections
• Marketing strategy (including a marketing plan)
• Operations plan

Marketing plan on the other hand, dives deep into the specific strategies and tactics related to your marketing efforts. It expands on the marketing section of a business plan by detailing:

• Specific marketing goals (e.g., brand awareness, lead generation, sales)
• Target audience analysis (detailed understanding of their needs and behaviors)
• Product:  Features, benefits, positioning
• Price:  Pricing strategy, discounts
• Place:  Distribution channels (online, offline)
• Promotion:  Advertising, social media, content marketing, public relations
• Budget allocation for different marketing activities
• Metrics and measurement to track progress and success

In short, business plans paint the entire business picture, while marketing plans zoom in on the specific strategies used to reach your target audience and achieve marketing goals.

Types of marketing plans that can transform your business strategy

Let’s take a look at several types of marketing plans you can create, along with specific examples for each.

1. General marketing strategic plan / Annual marketing plan

This is a good example of a marketing plan that covers the overarching annual marketing strategy for a company:

Another good example would be this Starbucks marketing plan:

This one-page marketing plan example from coffee chain Starbucks has everything at a glance. The bold headers and subheadings make it easier to segment the sections so readers can focus on the area most relevant to them.

What we like about this example is how much it covers. From the ideal buyer persona to actional activities, as well as positioning and metrics, this marketing plan has it all.

Another marketing plan example that caught our eye is this one from Cengage. Although a bit text-heavy and traditional, it explains the various sections well. The clean layout makes this plan easy to read and absorb.

The last marketing plan example we would like to feature in this section is this one from Lush cosmetics.

It is a long one but it’s also very detailed. The plan outlines numerous areas, including the company mission, SWOT analysis , brand positioning, packaging, geographical criteria, and much more.

2. Content marketing plan

A content marketing plan highlights different strategies , campaigns or tactics you can use for your content to help your business reach its goals.

This one-page marketing plan example from Contently outlines a content strategy and workflow using simple colors and blocks. The bullet points detail more information but this plan can easily be understood at a glance, which makes it so effective.

For a more detailed content marketing plan example, take a look at this template which features an editorial calendar you can share with the whole team:

3. SEO marketing plan

Your SEO marketing plan highlights what you plan to do for your SEO marketing strategy . This could include tactics for website on-page optimization , off-page optimization using AI SEO , and link building using an SEO PowerSuite backlink API for quick backlink profile checks.

This SEO marketing plan example discusses in detail the target audience of the business and the SEO plan laid out in different stages:

4. Social media marketing plan

Your social media marketing plan presents what you’ll do to reach your marketing goal through social media. This could include tactics specific to each social media channel that you own, recommendations on developing a new channel, specific campaigns you want to run, and so on, like how B2B channels use Linkedin to generate leads with automation tools and expand their customer base; or like making use of Twitter walls that could display live Twitter feeds from Twitter in real-time on digital screens.

Edit this social media marketing plan example easily with Venngage’s drag-and-drop editor:

5. Demand generation marketing plan

This could cover your paid marketing strategy (which can include search ads, paid social media ads, traditional advertisements, etc.), email marketing strategy and more. Here’s an example:

1. Free marketing plan template

Here’s a free nonprofit marketing plan example that is ideal for organizations with a comprehensive vision to share. It’s a simple plan that is incredibly effective. Not only does the plan outline the core values of the company, it also shares the ideal buyer persona.

Note how the branding is consistent throughout this example so there is no doubt which company is presenting this plan. The content plan is an added incentive for anyone viewing the document to go ahead and give the team the green light.

2. Pastel social media marketing campaign template

Two-page marketing plan samples aren’t very common, but this free template proves how effective they are. There’s a dedicated section for business goals as well as for project planning .

The milestones for the marketing campaign are clearly laid out, which is a great way to show how organized this business strategy is.

3. Small business marketing strategy template

This marketing plan template is perfect for small businesses who set out to develop an overarching marketing strategy for the whole year:

Notice how this aligns pretty well with the marketing plan outline we discussed in previous sections.

In terms of specific tactics for the company’s marketing strategy, the template only discusses SEO strategy, but you can certainly expand on that section to discuss any other strategies — such as link building , that you would like to build out a complete marketing plan for.

4. Orange simple marketing proposal template

Marketing plans, like the sample below, are a great way to highlight what your business strategy and the proposal you wan to put forward to win potential customers.

5. One-page marketing fact sheet template

This one-page marketing plan example is great for showcasing marketing efforts in a persuasive presentation or to print out for an in-person meeting.

Note how the fact sheet breaks down the marketing budget as well as the key metrics for the organization. You can win over clients and partners with a plan like this.

6. Light company business fact sheet template

This one-page sample marketing plan clearly outlines the marketing objectives for the organization. It’s a simple but effective way to share a large amount of information in a short amount of time.

What really works with this example is that includes a mission statement, key contact information alongside all the key metrics.

7. Marketing media press kit template

This press kit marketing plan template is bright and unmistakable as belonging to the Cloud Nine marketing agency . The way the brand colors are used also helps diversify the layouts for each page, making the plan easier to read.

We like the way the marketing department has outlined the important facts about the organization. The bold and large numbers draw the eye and look impressive.

8. Professional marketing proposal template

Start your marketing campaign on a promising note with this marketing plan template. It’s short, sharp and to the point. The table of contents sets out the agenda, and there’s a page for the company overview and mission statement.

9. Social media marketing proposal template

A complete marketing plan example, like the one below, not only breaks down the business goals to be achieved but a whole lot more. Note how the terms and conditions and payment schedule are included, which makes this one of the most comprehensive marketing plans on our list.

What should marketing plans include?

Marketing plans should include:

• A detailed analysis of the target market and customer segments.
• Clear and achievable marketing objectives and goals.
• Strategies and tactics for product promotion and distribution.
• Budget allocation for various marketing activities.
• Timelines and milestones for the implementation of marketing strategies.
• Evaluation metrics and methods for tracking the success of the marketing plan.

What is an executive summary in a marketing plan and what is its main goal?

An executive summary in a marketing plan is a brief overview of the entire document, summarizing the key points, goals, and strategies. Its main goal is to provide readers with a quick understanding of the plan’s purpose and to entice them to read further.

What are the results when a marketing plan is effective?

When a marketing plan is effective, businesses can experience increased brand visibility, higher customer engagement, improved sales and revenue, and strengthened customer loyalty.

What is the first section of a marketing plan?

The first section of a marketing plan is typically the “Executive Summary,” which provides a concise overview of the entire plan, including the business’s goals and the strategies to achieve them.

Now that you have the basics for designing your own marketing plan, it’s time to get started:

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Featured Reads

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• How to create a winning marketing plan, ...

How to create a winning marketing plan, with 3 examples from world-class teams

A marketing plan helps leaders clearly visualize marketing strategies across channels, so they can ensure every campaign drives pipeline and revenue. In this article you’ll learn eight steps to create a winning marketing plan that brings business-critical goals to life, with examples from word-class teams.

To be successful as a marketer, you have to deliver the pipeline and the revenue.”

In other words—they need a well-crafted marketing plan.

Level up your marketing plan to drive revenue in 2024

Learn how to create the right marketing plan to hit your revenue targets in 2024. Hear best practices from marketing experts, including how to confidently set and hit business goals, socialize marketing plans, and move faster with clearer resourcing.

7 steps to build a comprehensive marketing plan

How do you build the right marketing plan to hit your revenue goals? Follow these eight steps for success:

1. Define your plan

First you need to define each specific component of your plan to ensure stakeholders are aligned on goals, deliverables, resources, and more. Ironing out these details early on ensures your plan supports the right business objectives, and that you have sufficient resources and time to get the job done. 

Get started by asking yourself the following questions: 

What resources do I need? 

What is the vision?

What is the value?

What is the goal?

Who is my audience?

What are my channels?

What is the timeline?

For example, imagine you’re creating an annual marketing plan to improve customer adoption and retention in the next fiscal year. Here’s how you could go through the questions above to ensure you’re ready to move forward with your plan: 

I will need support from the content team, web team, and email team to create targeted content for existing customers. One person on each team will need to be dedicated full-time to this initiative. To achieve this, the marketing team will need an additional $100K in budget and one new headcount. 

What is the vision?  

To create a positive experience for existing customers, address new customer needs, and encourage them to upgrade. We’ll do this by serving them how-to content, new feature updates, information about deals and pricing, and troubleshooting guides. 

According to the Sales Benchmark Index (SBI) , CEOs and go-to-market leaders report that more than 60% of their net-new revenue will come from existing customers in 2023. By retaining and building on the customers we have, we can maintain revenue growth over time. 

To decrease the customer churn rate from 30% to 10%, and increase upgrades from 20% to 30% in the next fiscal year. 

All existing customers. 

The main channel will be email. Supporting marketing channels include the website, blog, YouTube, and social media. 

The first half of the next fiscal year. 

One of the most important things to do as you create your marketing strategy is to identify your target audience . As with all marketing, you need to know who you’re marketing to. If you’re having a hard time determining who exactly your target audience is, try the bullseye targeting framework . The bullseye makes it easy for you to determine who your target audience is by industry, geography, company size, psychographics, demographics, and more.

2. Identify key metrics for success 

Now it’s time to define what key marketing metrics you’ll use to measure success. Your key metrics will help you measure and track the performance of your marketing activities. They’ll also help you understand how your efforts tie back to larger business goals. 

Once you establish key metrics, use a goal-setting framework—like objectives and key results (OKRs) or SMART goals —to fully flush out your marketing objectives. This ensures your targets are as specific as possible, with no ambiguity about what should be accomplished by when. 

Example: If a goal of your marketing plan is to increase email subscriptions and you follow the SMART goal framework (ensuring your objective is specific, measurable, achievable, realistic, and time-bound) your goal might look like this: Increase email subscription rate from 10% to 20% in H1 . 

3. Research your competition 

It’s easy to get caught up in your company’s world, but there’s a lot of value in understanding your competitors . Knowing how they market themselves will help you find opportunities to make your company stand out and capture more market share.

Make sure you’re not duplicating your competitors’ efforts. If you discover a competitor has already executed your idea, then it might be time to go back to the drawing board and brainstorm new ways to differentiate yourself.  By looking at your competitors, you might be surprised at the type of inspiration and opportunities you’ll find.

To stay ahead of market trends, conduct a SWOT analysis for your marketing plan. A SWOT analysis helps you improve your plan by identifying strengths, weaknesses, opportunities, and threats. 

Example: If your competitor launches a social media campaign identical to what you had planned, go back to the drawing board and see how you can build off their campaign. Ask yourself: How can we differentiate our campaign while still getting our message across? What are the weaknesses of their campaign that we can capitalize on? What angles did they not approach?

4. Integrate your marketing efforts

Here’s where the fun comes in. Let’s dive into the different components that go into building a successful marketing plan. You’ll want to make sure your marketing plan includes multiple supporting activities that all add up into a powerful marketing machine. Some marketing plan components include: 

Lead generation

Social media

Product marketing

Public relations

Analyst relations

Customer marketing

Search engine optimization (SEO)

Conversational marketing

Knowing where your consumer base spends the most time is significant for nailing this step. You need to have a solid understanding of your target audience before integrating your marketing efforts. 

Example: If your target audience is executives that spend a lot of time on LinkedIn, focus your social media strategy around placing branded content on LinkedIn. 

5. Differentiate with creative content

Forty-nine percent of marketers say visual images are hugely important to their content strategy. In other words, a clear brand and creative strategy is an essential component to every marketing plan. As you craft your own creative strategy, here are some tips to keep in mind: 

Speak to your audience: When defining your creative strategy, think about your audience—what you want them to feel, think, and do when they see your marketing. Will your audience find your creative work relevant? If your audience can’t relate to your creative work, they won’t feel connected to the story you’re trying to tell. 

Think outside the box: Find innovative ways to engage your audience, whether through video, animations, or interactive graphics. Know what screens your creative work will live on, whether desktop, mobile, or tablet, and make sure they display beautifully and load quickly across every type of device. 

Tie everything back to CTAs: It’s easy to get caught up in the creative process, so it’s important to never lose sight of your ultimate goal: Get your audience to take action. Always find the best way to display strong Calls to Action (CTAs) in your creative work. We live in a visual world—make sure your creative content counts.

Streamline creative production:   Once you’ve established a strong creative strategy, the next step is to bring your strategy to life in the production stage. It’s vital to set up a strong framework for your creative production process to eliminate any unnecessary back and forth and potential bottlenecks. Consider establishing creative request forms , streamlining feedback and approval processes, and taking advantage of integrations that might make your designers’ lives easier.

Example: If your brand is fun and approachable, make sure that shows in your creative efforts. Create designs and CTAs that spark joy, offer entertainment, and alleviate the pressure in choosing a partner.

6. Operationalize your marketing plan

Turn your plan into action by making goals, deliverables, and timelines clear for every stakeholder—so teams stay accountable for getting work done. The best way to do this is by centralizing all the details of your marketing plan in one platform , so teams can access the information they need and connect campaign work back to company goals.  

With the right work management tool , you can: 

Set goals for every marketing activity, and connect campaign work to overarching marketing and business objectives so teams focus on revenue-driving projects. 

Centralize deliverables for your entire marketing plan in one project or portfolio .

Mark major milestones and visualize your plan as a timeline, Gantt chart, calendar, list, or Kanban board—without doing any extra work. 

Quickly loop in stakeholders with status updates so they’re always up to date on progress. This is extremely important if you have a global team to ensure efforts aren’t being duplicated. 

Use automations to seamlessly hand off work between teams, streamlining processes like content creation and reviews. 

Create dashboards to report on work and make sure projects are properly staffed , so campaigns stay on track. 

With everything housed in one spot, you can easily visualize the status of your entire marketing plan and keep work on track. Building an effective marketing plan is one thing, but how you operationalize it can be your secret to standout marketing.

Example: If your strategy focuses on increasing page views, connect all campaign work to an overarching OKR—like “we will double page views as measured by the amount of organic traffic on our blog.” By making that goal visible to all stakeholders, you help teams prioritize the right work. 

See marketing planning in action

With Asana, marketing teams can connect work, standardize processes, and automate workflows—all in one place.

7. Measure performance

Nearly three in four CMOs use revenue growth to measure success, so it’s no surprise that measuring performance is necessary. You established your key metrics in step two, and now it’s time to track and report on them in step eight.

Periodically measure your marketing efforts to find areas of improvement so you can optimize in real-time. There are always lessons to be learned when looking at data. You can discover trends, detect which marketing initiatives performed well, and course-correct what isn’t performing well. And when your plan is complete, you can apply these learnings to your next initiative for improved results. 

Example: Say you discover that long-form content is consistently bringing in 400% more page views than short-form content. As a result, you’ll want to focus on producing more long-form content in your next marketing plan.

Marketing plan examples from world-class teams

The best brands in the world bring their marketing plans to life every day. If you’re looking for inspiration, check out these examples from successful marketing teams.

Autodesk grows site traffic 30% three years in a row

When the Autodesk team launched Redshift, it was initially a small business blog. The editorial team executed a successful marketing plan to expand it into a premier owned-media site, making it a destination for stories and videos about the future of making. 

The team scaled content production to support seven additional languages. By standardizing their content production workflow and centralizing all content conversations in one place, the editorial team now publishes 2X more content monthly. Read the case study to learn more about how Autodesk runs a well-oiled content machine.

Sony Music boosts creative production capacity by 4X

In recent years the music industry has gone through a pivotal transition—shifting from album sales to a streaming business model. For marketing and creative teams at Sony Music, that meant adopting an “always on” campaign plan. 

The team successfully executed this campaign plan by centralizing creative production and approvals in one project. By standardizing processes, the team reduced campaign production time by 75%. Read the case study to learn more about how Sony Music successfully scaled their creative production process.

Trinny London perfects new customer acquisition 

In consumer industries, social media is crucial for building a community of people who feel an affinity with the brand—and Trinny London is no exception. As such, it was imperative that Trinny London’s ad spend was targeted to the correct audience. Using a work management tool, Trinny London was able to nail the process of creating, testing, and implementing ads on multiple social channels.

With the help of a centralized tool, Trinny London improved its ad spend and drove more likes and subscriptions on its YouTube page. Read the case study to learn more about how Trinny London capitalized on paid advertising and social media. 

Turn your marketing plan into marketing success 

A great marketing plan promotes clarity and accountability across teams—so every stakeholder knows what they’re responsible for, by when. Reading this article is the first step to achieving better team alignment, so you can ensure every marketing campaign contributes to your company’s bottom line. 

Use a free marketing plan template to get started

Once you’ve created your marketing strategy and are ready to operationalize your marketing plan, get started with one of our marketing templates . 

Our marketing templates can help you manage and track every aspect of your marketing plan, from creative requests to approval workflows. Centralize your entire marketing plan in one place, customize the roadmap, assign tasks, and build a timeline or calendar. 

Once you’ve operationalized your entire marketing plan with one of our templates, share it with your stakeholders so everyone can work together in the same tool. Your entire team will feel connected to the marketing plan, know what to prioritize, and see how their work contributes to your project objectives . Choose the best marketing template for your team:

Marketing project plan template

Marketing campaign plan template

Product marketing launch template

Editorial calendar template

Agency collaboration template

Creative requests template

Event planning template

GTM strategy template

Still have questions? We have answers. 

What is a marketing plan.

A marketing plan is a detailed roadmap that outlines the different strategies your team will use to achieve organizational objectives. Rather than focusing solely on the end goal, a marketing plan maps every step you need to reach your destination—whether that’s driving pipeline for sales, nurturing your existing customer base, or something in-between. 

As a marketing leader, you know there’s never a shortage of great campaign and project ideas. A marketing plan gives you a framework to effectively prioritize work that aligns to overarching business goals—and then get that work done. Some elements of marketing plans include:

Current business plan

Mission statement  

Business goals

Target customers  

Competitive analysis 

Current marketing mix

Key performance indicators (KPIs)

Marketing budget  

What is the purpose of a marketing plan?

The purpose of a marketing plan is to grow your company’s consumer base and strengthen your brand, while aligning with your organization’s mission and vision . The plan should analyze the competitive landscape and industry trends, offer actionable insights to help you gain a competitive advantage, and document each step of your strategy—so you can see how your campaigns work together to drive overarching business goals. 

What is the difference between a marketing plan and a marketing strategy? 

A marketing plan contains many marketing strategies across different channels. In that way, marketing strategies contribute to your overall marketing plan, working together to reach your company’s overarching business goals.

For example, imagine you’re about to launch a new software product and the goal of your marketing plan is to drive downloads. Your marketing plan could include marketing strategies like creating top-of-funnel blog content and launching a social media campaign. 

What are different types of marketing plans? 

Depending on what you’re trying to accomplish, what your timeline is, or which facet of marketing you’re driving, you’ll need to create a different type of marketing plan. Some different types of marketing plans include, but aren’t limited to:

General marketing plan: A general marketing plan is typically an annual or quarterly marketing plan that details the overarching marketing strategies for the period. This type of marketing plan outlines marketing goals, the company’s mission, buyer personas, unique selling propositions, and more. A general marketing plan lays the foundation for other, more specific marketing plans that an organization may employ. 

Product launch marketing plan: A product launch marketing plan is a step-by-step plan for marketing a new product or expanding into a new market. It helps you build awareness and interest by targeting the right audience, with the right messaging, in the right timeframe—so potential customers are ready to buy your new offering right away. Nailing your product launch marketing plan can reinforce your overall brand and fast-track sales. For a step-by-step framework to organize all the moving pieces of a launch, check out our product marketing launch template .

Paid marketing plan: This plan includes all the paid strategies in your marketing plan, like pay-per-click, paid social media advertising, native advertising, and display advertising. It’s especially important to do audience research prior to launching your paid marketing plan to ensure you’re maximizing ROI. Consult with content strategists to ensure your ads align with your buyer personas so you know you’re showing ads to the right people. 

Content marketing plan: A content marketing plan outlines the different content strategies and campaigns you’ll use to promote your product or service. When putting together a content marketing plan, start by identifying your audience. Then use market research tools to get the best insights into what topics your target audience is most interested in.

SEO marketing plan: Your SEO marketing plan should work directly alongside your content marketing plan as you chart content that’s designed to rank in search results. While your content marketing plan should include all types of content, your SEO marketing plan will cover the top-of-funnel content that drives new users to your site. Planning search engine-friendly content is only one step in your SEO marketing plan. You’ll also need to include link-building and technical aspects in order to ensure your site and content are as optimized as possible.

Social media marketing plan: This plan will highlight the marketing strategies you plan to accomplish on social media. Like in any general or digital marketing plan , your social media strategy should identify your ideal customer base and determine how they engage on different social media platforms. From there, you can cater your social media content to your target audience.  

Related resources

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What Is a Marketing Strategy?

• How It Works
• Marketing Strategies vs. Plans

How to Create a Marketing Strategy

The bottom line.

• Marketing Essentials

Marketing Strategy: What It Is, How It Works, and How to Create One

Investopedia / Daniel Fishel

A marketing strategy refers to a business’s overall game plan to facilitate the buying and selling of its products or services. A marketing strategy determines how to reach prospective consumers and turn them into customers. It contains the company’s value proposition , key brand messaging, data on target customer  demographics, and other high-level elements.

A thorough marketing strategy covers the four Ps of marketing: product, price, place, and promotion.

Key Takeaways

• A marketing strategy is a business’s game plan for reaching prospective consumers and turning them into customers of their products or services.
• Marketing strategies should revolve around a company’s value proposition.
• The ultimate goal of a marketing strategy is to achieve and communicate a sustainable competitive advantage over rival companies.

Understanding Marketing Strategies

A clear marketing strategy should revolve around the company’s value proposition, which communicates to consumers what the company stands for, how it operates, and why it deserves its business.

This provides marketing teams with a template that should inform their initiatives across all of the company’s products and services. For example, Walmart ( WMT ) is widely known as a discount retailer with “everyday low prices,” whose business operations and marketing efforts are rooted in that idea.

Marketing Strategies vs. Marketing Plans

The marketing strategy is outlined in the marketing plan —a document that details the specific types of marketing activities that a company conducts and contains timetables for rolling out various marketing initiatives.

Marketing strategies should ideally have longer life spans than individual marketing plans because they contain value propositions and other key elements of a company’s brand, which generally hold constant over the long haul. In other words, marketing strategies cover big-picture messaging, while marketing plans delineate the logistical details of specific campaigns.

For example, a marketing strategy might say that a company aims to increase authority in niche circles where their clients visit. The marketing plan puts that into action by commissioning thought leadership pieces on LinkedIn.

Benefits of a Marketing Strategy

The ultimate goal of a marketing strategy is to achieve and communicate a sustainable competitive advantage over rival companies by understanding the needs and wants of its consumers. Whether it’s a print ad design, mass customization , or a social media campaign, a marketing asset can be judged based on how effectively it communicates a company’s core value proposition.

Market research can help chart the efficacy of a given campaign and can help identify untapped audiences to achieve bottom-line goals and increase sales.

Creating a marketing strategy requires a few steps. Here are some of the steps you should consider when creating your marketing strategy.

• Identify your goals: While sales are the ultimate goal for every company, you should have more short-term goals such as establishing authority, increasing customer engagement, or generating leads. These smaller goals offer measurable benchmarks for the progress of your marketing plan. Think of strategy as the high-level ideology and planning as how you accomplish your goals.
• Know your clients: Every product or service has an ideal customer, and you should know who they are and where they hang out. If you sell power tools, you’ll choose marketing channels where general contractors may see your messaging. Establish who your client is and how your product will improve their lives.
• Create your message: Now that you know your goals and who you’re pitching to, it’s time to create your message. This is your opportunity to show your potential clients how your product or service will benefit them and why you’re the only company that can provide it.
• Define your budget: How you disperse your messaging may depend on how much you can afford. Will you be purchasing advertising? Hoping for a viral moment on social media organically? Sending out press releases to the media to try to gain coverage? Your budget will dictate what you can afford to do.
• Determine your channels: Even the best message needs the appropriate venue. Some companies may find more value in creating blog posts for their website. Others may find success with paid ads on social media channels. Find the most appropriate venue for your content.
• Measure your success: To target your marketing, you need to know whether it is reaching its audience. Determine your metrics and how you’ll judge the success of your marketing efforts.

Why Does a Company Need a Marketing Strategy?

A marketing strategy helps a company direct its advertising dollars to where it will have the most impact. Compared with the data from 2018, the correlation between organization and success in marketers jumped from being almost four times more likely to almost seven times more likely in 2022.

What Do the Four Ps Mean in a Marketing Strategy?

The four Ps are product, price, promotion, and place. These are the key factors that are involved in the marketing of a good or service . The four Ps can be used when planning a new business venture, evaluating an existing offer, or trying to optimize sales with a target audience. It also can be used to test a current marketing strategy on a new audience.

What Does a Marketing Strategy Look Like?

A marketing strategy will detail the advertising, outreach, and public relations campaigns to be carried out by a firm, including how the company will measure the effect of these initiatives.

They will typically follow the four Ps. The functions and components of a marketing plan include market research to support pricing decisions and new market entries, tailored messaging  that targets certain demographics and geographic areas, and platform selection for product and service promotion—digital, radio, Internet, trade magazines, and the mix of those platforms for each campaign, and metrics that measure the results of marketing efforts and their reporting timelines.

Is a Marketing Strategy the Same as a Marketing Plan?

The terms “marketing plan” and “marketing strategy” are often used interchangeably because a marketing plan is developed based on an overarching strategic framework. In some cases, the strategy and the plan may be incorporated into one document, particularly for smaller companies that may only run one or two major campaigns in a year. The plan outlines marketing activities on a monthly, quarterly, or annual basis, while the marketing strategy outlines the overall value proposition.

Companies need to sell their products and services to generate revenue and put them on the path of being a successful business. To sell their products or services, they have to let consumers know of them. They must also convince consumers to buy them as well as convert consumers from competitors. Having a marketing strategy that outlines this process and more is a crucial step in converting consumers into customers.

Walmart Corporate. “ About .”

CoSchedule. “ Trend Report: Marketing Strategy 2022 .”

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How To Build a Strategic Marketing Plan (+ a Free Template!)

You know what you want your campaigns to achieve, but you’re not quite sure how to get there yet.

Sound familiar?

For even the most experienced marketing teams, it can prove difficult to turn aspirational business objectives into actionable steps. While you’re busy trying to figure out what actually works, resources are being spent left and right while showing minimal returns. Fortunately, you can avoid falling victim to this common trap.

Read on to learn how to create a strategic plan to hit your own marketing goals — plus, since you’re already here, be sure to grab your free template to get the ball rolling.

What Is a Strategic Marketing Plan?

A strategic marketing plan is a comprehensive outline for the advertising and marketing efforts of a brand or organization. Founded on audience research and industry trends, this ultra-focused, strategic plan formalizes the steps an organization will take to promote its offerings to a target market of existing and potential customers.

The strategic marketing planning process follows 6 key components:

• Know where you are .
• Know your audience .
• Know where you want to go .
• Pick your channels and tactics .
• Develop your budget and your revised tactics .
• Measure and adjust your strategy periodically .

By following these steps, your team will be well on their way to achieving a sustainable competitive advantage — all while making sure each marketing dollar is well spent.

Why Is a Strategic Marketing Plan Important?

Planning for any major undertaking is essential for success.

The modern media landscape is crowded; researchers have estimated that most Americans see between 4,000 and 10,000 advertisements per day .

A strategic marketing plan lays the groundwork for your brand to delight and satisfy your customers. As the old saying goes: “Proper prior planning prevents poor performance.”

By taking the time to develop a thoughtful marketing strategy, you’ll gain several benefits, including:

• A better understanding of your brand’s value proposition.
• Deeper knowledge of your audience’s needs and desires.
• A roadmap for how to manage your brand’s growth.
• Methods for measuring your marketing performance.

Creating an effective plan takes time, but when you see the results, you’ll know it was well worth the effort.

4 Basic Marketing Strategies: The 4 P’s of Marketing

Today’s digital marketers have a long pedigree of great thinkers who have shaped the way we think about appealing to customers.

We may be producing content for distribution on digital channels that few people could have predicted several decades ago, but the basic principles combining human psychology and economics are still relevant and powerful today.

In fact, the marketing mix commonly deployed in any modern campaign was first conceived by Harvard Business School professor Neil H. Borden and subsequently expanded upon by University of Minnesota professor E. Jerome McCarthy.

Though first published in 1960, McCarthy’s four P’s of marketing are still the common starting point of an effective marketing strategy.

A product can be a tangible item or an intangible service that satisfies a need or want.

B2B and B2C marketers need to possess a firm grasp of both what the product is and how it provides value to customers. The more specifically you can define these aspects, the more confident you will be in your marketing strategies.

For example, when selling products and services to other businesses, you’ll need to know what challenges your customers face and understand how your offering solves those problems.

Importantly, marketing and sales departments need to be aligned so that every customer encounter can occur within the same context.

The cost of your offerings has an obvious influence over your customers.

Having a complete understanding of the product and its features will help stakeholders determine the best possible pricing strategy.

You may need to determine if it’s better to offer your product on a subscription basis or as a one-time purchase.

Your product’s price point will impact your organization’s profit margins, inventory requirements and more. The marketing team can work with other business units to determine the best course of action.

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3. Promotion

With deep knowledge of the product, it’s value and price point, you can more effectively promote the offering in the marketplace.

This is where your strategic marketing strategy will come into play.

As you’ll see a little further on, your marketing plan should include the various channels you’ll use to communicate with your customers.

These days, the avenues for communication are much more varied than when the four P’s were developed, but the advice remains the same. Whether you’re promoting your product on a billboard or on Instagram, you need to ensure that each touchpoint supports your brand’s goals and addresses key customer needs.

The fourth P can refer to a physical location, a digital touchpoint or a mindset.

As the old saying goes, it helps to be in the right place at the right time. Marketers can control this factor by developing thoughtful buyer journeys – or sales funnels – and lead nurturing campaigns that help customers make a purchase decision.

For example, if you find that your customers are most inclined to buy once they understand the cost-saving benefits of your offering, you can construct a marketing funnel that places your audience in that position before making the hard sell. So, if customers read a blog and then download a white paper about cost savings, you could include a call to action at the end of the white paper, encouraging readers to call for more information.

6 Steps of the Strategic Planning Process

When making a marketing plan, it’s a common mistake for new marketers to start with the deliverables. Full of enthusiasm, they’ll dash off several blog articles, social media posts and pay-per-click ad headlines. Often, their eagerness will begin to wane when they don’t see huge results from their efforts.

This happens due to a lack of foundation.

The best marketing strategies aren’t built on gut feelings, enthusiasm or brute force; they’re built on carefully researched information, scientific analysis and psychological understanding.

An effective strategic marketing process includes:

• Deep knowledge of your organization’s goals and how your marketing plan promotes those objectives.
• Researched findings about your customers’ needs and desires.
• Campaign-specific marketing goals (E.g. building thought awareness or driving sales) supported by measurable performance indicators.
• Tangible collateral and associated distribution channels.

Follow these 6 steps to create an actionable marketing plan for your business:

1. Know Where You Are

Before you can make a plan, you need to know where your organization stands today.

Work with relevant stakeholders to define the goals of the business and how the marketing department currently supports them. Consider the brand’s current search engine optimization strategy and how it will benefit the organization’s marketing efforts.

Conduct a SWOT analysis (strengths, weaknesses, opportunities, threats) to pinpoint what you’re doing right, what you can improve on and how external market factors will affect your customer relationships. This process can open up areas in need of further analysis.

The beginning of the planning stage is the time to consider everything that might influence your market position.

2. Know Your Audience

Understanding your organization is one side of the coin, knowing your customers is the other side.

Segmenting your audience is a good way to identify the number of marketing tactics you’ll need to employ. For example, if you find that only half of your customer base uses social media, you’ll need to spread your efforts across multiple channels.

The importance of scientific research at this stage cannot be overstated. Even if you have years of experience in the field, you can’t fully predict how your customers’ expectations, needs and wants will evolve over time.

Conduct surveys, do research and – most importantly – talk to your audience!

3. Know Where You Want to Go

With a firm understanding of your offerings and your audience, you can start thinking about next steps.

Define your goals for the year, then break them down into quarterly, monthly and weekly objectives. Tie these goals to the organization’s long-term goals. For example, if your organization wants to increase revenue by 10% over four years, what marketing objectives must be accomplished for that to happen?

Be optimistic when setting goals, but never lose sight of real market conditions.

For every target you establish, you should define metrics by which to judge your success. Metrics can tell you when to adjust your course of action.

4. Pick Your Channels and Tactics (Think Big)

An effective marketing strategy addresses the entire sales cycle.

For B2C brands, that might be as simple as making customers aware of your brand. For more complex B2B brands, you may need to build thought leadership, spread awareness, develop engaging relationships with potential buyers and more.

There are many unique ways to appeal to B2B customers .

At this stage, you should think big.

• How would you market your product or service if you had an unlimited marketing budget?
• What channels would you use?
• What type of content would you create?

Get all of your ideas out so you can consider each one carefully. At this stage, you may need to conduct further research into the cost and ROI of each tactic.

5. Develop Your Budget and Your Revised Tactics (Pare Down)

Now it’s time to solidify your plans into actionable tactics.

Decide which channels you want to use and create a calendar of content you want to promote. If you’re using paid advertising like billboards, radio ads or pay-per-click display networks, you’ll need to create budgets and bidding strategies.

Compared with the previous step, this is where you get realistic.

To maximize your marketing budget, and choose the ideal mix of collateral, you’ll need to be confident that each investment of time and resources is relevant to your business goals and your customers’ needs.

6. Measure and Adjust Your Strategy Periodically

Implementing your marketing plan isn’t the end.

Once your strategy is off the ground, you’ll need to watch it carefully to determine if it’s meeting expectations. By giving every tactic a metric by which to judge its performance, you can make valuable adjustments to your strategy over time.

These alterations may be small, like posting to your social media accounts at a different time of day; they might be big, such as swapping out one tactic for another. The important thing to remember is that any change you make should be informed by keen analysis of your current progress.

Your Free Strategic Marketing Plan Template

Use this template to structure your own marketing plan. It’s designed to be extensible and easy to use. Simply make a copy of it and add or delete fields as they apply to your needs. By filling it out, this template will help you visualize your strategy more clearly and ultimately become more confident in your ability to grow your brand’s footprint in the marketplace.

Your ability to clearly plan your marketing strategy will determine your future success. The more detailed your plan, the better your chances of success. Map out your goals, choose your metrics and commit to adjusting your strategy based on scientific evidence.

[Company name]

Marketing mission statement.

Briefly outline how your marketing strategy will support your organization’s business objectives.

SWOT Analysis

What are you currently doing that’s giving you an edge over your competitors? What do your customers like about your brand?

What do your competitors do better than you? What can you do more efficiently? Where do you struggle to fully support your customers?

Opportunities

How is your industry changing? How can you prepare for the future? How can you better define your value proposition to engage new customers?

What could draw your customers away from your brand? What industry disruptions are on the horizon? What could slow the growth of your organization?

Marketing actions

Overview: Briefly describe the initiative. (E.g. We’ll build a library of infographics to help our customers understand market trends.)

Desired outcome: What’s your goal? (E.g. We want to increase organic traffic to our resource library by 3% over the next quarter)

KPI / Metric: How will you objectively measure your outcome? (E.g. Page visitors, time-on-site, clicks, etc.)

Desired outcome:

KPI / Metric:

Market segments

[segment 1].

Demographics: Superficial details about your audience. (E.g. gender, age, income and marital status.)

Psychographics: What motivates your audience? (E.g. personal interests, attitudes, values, desires.)

Challenges: What problems do they need to overcome?

Preferred channels: Where do they absorb industry news? Where do they go to ask questions and seek professional insights?

Preferred content types: How do they prefer to gain new knowledge? Do they prefer video, audio or written content?

[Segment 2]

Demographics:

Psychographics:

Challenges:

Preferred channels:

Preferred content types:

[Segment 3]

Buyer personas, [persona 1].

Name: Each persona should have a unique name.

Age: What’s the average age range of this persona?

Job title: List a few common job titles.

Motivations / goals: What do they hope to achieve? What drives them?

Personal interests: What do they like to do outside of work?

Challenges: What business challenges do they face? What’s stopping them from achieving their goals?

[Persona 2]

Motivations / goals:

Personal interests:

[Persona 3]

Competitor analysis, [competitor 1].

Company name:

Competing products: How are their offerings similar to your own? How are they different?

Areas of overlap: How do they market their offerings? Are you competing for space in the same channels ?

[Competitor 2]

Competing products:

Areas of overlap:

[Competitor 3]

Strategy overview, [product / service 1].

Price: What’s the current pricing strategy? How do customers perceive the price in relation to the value of the product?

Promotion: How will you communicate the offering’s value proposition?

Place: Which channels will you use to promote this offering?

[Product / Service 2]

[product / service 3], website / content.

Channel Name:

Intent: What’s your goal? (E.g. We will promote brand awareness through a series of blog posts written by our senior leadership.)

KPI / Metric: How will you measure your progress? (E.g. Organic traffic, bounce rate, conversions.)

Social media

Influencers.

Editor’s Note: Updated November 2021.

Alexander Santo

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Alexander Santo is a Brafton writer living in Washington. ​He enjoys searching for the perfect cup of coffee, browsing used book shops and attending punk rock concerts.

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How To Create The Perfect Marketing Plan: A Step-by-Step Guide. 

Marketing planning: understanding its importance and benefits.

In the ever-evolving world of business, the creation of a robust marketing plan is not just a necessity but a blueprint for success. It’s the strategic foundation upon which businesses build their marketing efforts to navigate the competitive landscape effectively. But what exactly makes a marketing plan so vital?

A well-crafted marketing plan serves as a detailed map, guiding businesses through the complexities of market trends, consumer behaviors , and competitive dynamics. 

It’s a tool that aligns marketing goals with business objectives, ensuring that every marketing activity contributes to the broader mission of the company. From small startups to large corporations, a marketing plan acts as a compass, providing direction and focus, and helping allocate resources efficiently.

In this comprehensive guide, we delve into the step-by-step process of creating a marketing plan that encapsulates best practices and strategic insights. 

Whether you’re looking to launch a new product, expand your market reach, or strengthen your brand’s position, this guide will equip you with the knowledge to develop a plan that’s not only effective but also adaptable to the changing tides of the market.

Table of Contents

Setting clear objectives: defining your business goals and target audience.

In my experience the first and perhaps most crucial step in crafting your marketing plan is setting clear, measurable objectives. These objectives should be closely tied to the broader goals of your business. 

Whether it’s increasing brand awareness, driving sales, or entering new markets, each goal should be specific, realistic, and aligned with your overall business strategy.

For me the next key step is identifying your target audience is equally important. A deep understanding of your audience — their needs, preferences, and behaviors — allows for more effective and targeted marketing strategies. 

Are you focusing on a B2B audience , or are you targeting end consumers? What are their demographics, interests, and purchasing habits? Answering these questions will give you a clearer picture of whom you’re communicating with and how best to reach them.

Remember, the specificity of your objectives and the clarity of your target audience will not only guide your marketing efforts but also enable you to measure the effectiveness of your strategies more accurately.

Market Research: Gathering Data to Inform Your Strategy

Remember, knowledge is power. Market research is the compass that guides your marketing ship through the vast seas of consumer preferences and market trends. This step involves gathering, analyzing, and interpreting data about the market, including potential customers and competitors.

Here’s how to effectively conduct market research:

• Identify Your Research Goals: Clearly define what you want to learn from your research, such as customer preferences, market size, or competitor strategies.
• Choose Your Research Methods: Utilize both primary (surveys, interviews) and secondary research (industry reports, academic papers) methods.
• Analyze Your Competitors: Understand their strengths, weaknesses, and market position.
• Understand Customer Needs and Trends: Use surveys, social media listening, and trend analysis to get a pulse on what your customers want and expect.
• Gather Demographic and Psychographic Data: This will help in creating targeted marketing strategies.
• Interpret and Apply the Findings: Use the insights gained to inform your marketing strategies and decisions. This research phase is not a one-time task but an ongoing process that adapts to new insights and market changes.

Competitor Analysis: Understanding Your Market Position

I have found that a critical component of any marketing plan is understanding your competition.  Competitor analysis  allows you to identify and understand your rivals, their strengths and weaknesses, and how you can differentiate yourself in the market. Here’s how to conduct an effective competitor analysis:

• Identify Your Competitors: Include both direct and indirect competitors in your analysis.
• Analyze Their Strategies: Look at their marketing efforts, product offerings, pricing, and distribution methods.
• Evaluate Their Strengths and Weaknesses: Understand what they do well and where they fall short.
• Assess Their Market Positioning: How do they position themselves in the market? What is their unique selling proposition (USP)?
• Learn From Their Customer Reviews and Feedback: Customer reviews can provide insights into what customers value or dislike about your competitors.
• Monitor Their Online Presence: Analyze their website, social media activity, and online customer engagement.

This analysis will not only help you find your unique position in the market but also inspire innovative ways to surpass your competition.

Developing a Marketing Strategy: Choosing the Right Channels and Tactics

Developing a marketing strategy in my experience, is about choosing the right channels and tactics that align with your business goals and resonate with your target audience. Here are key steps to consider:

• Select the Right Marketing Channels: Based on your market research and audience, decide whether to focus on digital channels, traditional media, or a combination of both.
• Define Your Messaging: Craft a clear, compelling message that speaks to your audience’s needs and preferences.
• Choose Marketing Tactics: Depending on your objectives, tactics might include content marketing, email campaigns, social media marketing, SEO, or paid advertising.
• Plan for  Content Creation : Determine the types of content (blogs, videos, infographics) that will engage your audience.
• Leverage Technology and Tools: Utilize marketing automation tools, analytics, and  CRM systems  to streamline your efforts and measure results.
• Create a Timeline: Develop a detailed plan with timelines for each campaign or tactic.
• Stay Flexible: Be ready to adapt your strategy in response to market feedback and changes.

This strategic approach ensures that your marketing efforts are focused, coherent, and likely to yield the best results.

Budgeting and Resource Allocation: Making Cost-Effective Decisions

A critical aspect of your marketing plan is determining how to allocate your budget and resources effectively. This step is about making strategic decisions to maximize your return on investment (ROI). Here’s how to approach it:

• Determine Your Marketing Budget : Based on your overall business budget, decide how much you can allocate to marketing.
• Allocate Resources Wisely: Divide your budget across various channels and tactics in alignment with their potential impact.
• Prioritize High-ROI Activities: Focus on marketing activities that offer the best return, such as digital marketing for many modern businesses.
• Consider Both Fixed and Variable Costs: Account for consistent expenses like staff salaries and variable costs like ad spend.
• Keep Track of Spending: Regularly monitor your budget and adjust your spending as necessary.
• Measure and  Analyze ROI : Use analytics to track the performance of your marketing efforts against the costs.

Effective budgeting and resource allocation ensure that every dollar spent on marketing contributes towards achieving your business goals.

Implementation and Execution: Turning Plans into Actions

After meticulous planning, we then shift  the focus  to implementing and executing the marketing strategy. This phase is about bringing your plans to life and ensuring they operate smoothly. Here’s how to approach it:

• Develop an Action Plan: Break down your strategy into actionable steps and assign responsibilities.
• Coordinate with Your Team: Ensure that everyone involved understands their roles and the overall objectives.
• Leverage Marketing Automation: Use automation tools for efficient execution of repetitive tasks like email marketing and social media posts.
• Monitor Progress Regularly: Keep track of the execution process and ensure that activities are in line with your plan.
• Be Prepared to Adjust: Be flexible and ready to make changes in response to unforeseen challenges or opportunities.
• Communicate Effectively: Maintain clear, consistent communication both within your team and with your audience.

Effective implementation and execution turn your well-laid plans into tangible results, moving you closer to achieving your marketing goals.

Monitoring and Evaluation: Measuring Success and Making Adjustments

The final step in your marketing plan is to  monitor its performance  and evaluate its success against your set objectives. This phase is crucial for understanding the effectiveness of your strategies and making necessary adjustments. Here’s how to approach it:

• Use Key Performance Indicators (KPIs): Identify metrics that best represent the success of your objectives, like website traffic, conversion rates, or social media engagement.
• Regularly Review Analytics: Use tools to track and analyze these KPIs regularly.
• Gather Feedback:  Collect feedback from customers  and team members to gain insights beyond numbers.
• Conduct a ROI Analysis: Assess the financial returns of your marketing activities in comparison to the investment made.
• Identify Areas for Improvement: Look for patterns in the data to identify what’s working and what’s not.
• Make Data-Driven Decisions: Use these insights to refine your marketing strategy, optimize campaigns, and plan future initiatives.

By continually monitoring and evaluating your marketing plan, you can ensure that it remains effective, efficient, and aligned with your business goals.

In my experience, crafting the ultimate marketing plan is a journey that involves meticulous planning, strategic execution, and continuous adaptation. 

From setting clear objectives and conducting thorough market research to implementing innovative strategies and rigorously monitoring their effectiveness, each step is crucial in shaping a successful marketing narrative.

Remember, the power of a marketing plan lies in its ability to align with your business goals, resonate with your target audience, and adapt to the ever-changing market landscape. 

By following the steps outlined in this guide, you can create a marketing plan that not only reaches your desired audience but also drives meaningful results for your business.

Marketing Plan FAQs

What is a marketing plan .

A marketing plan is a comprehensive document that outlines a company’s marketing strategy, including its goals, target audience, marketing initiatives, and budget for a specific period.

Why is a marketing plan important? 

A marketing plan is crucial because it provides a roadmap for achieving marketing objectives, helps allocate resources efficiently, and enables the tracking of progress and effectiveness of marketing efforts.

How do I start creating a marketing plan? 

Begin by setting clear marketing goals, conducting market research to understand your target audience and competition, and defining your unique selling proposition (USP).

What should be included in a marketing plan? 

A marketing plan should include an executive summary, market analysis, marketing goals, target audience, marketing strategies, budget, and a timeline for implementation.

How do I set marketing goals? 

Marketing goals should be specific, measurable, achievable, relevant, and time-bound (SMART). They should align with the overall business objectives.

How do I choose the right marketing strategies? 

Select marketing strategies based on your target audience, budget, and marketing goals. Consider a mix of digital and traditional marketing tactics that will effectively reach your audience.

How do I measure the success of my marketing plan? 

Establish key performance indicators (KPIs) to track the success of your marketing activities. Regularly review and adjust your plan based on the performance data.

How often should I update my marketing plan? 

Review and update your marketing plan at least annually or more frequently if there are significant changes in the market or your business objectives.

About The Author:

David is a creative director and marketing professional with a wealth of expertise in marketing strategy, branding strategy and growing businesses. He is a founding partner of a branding and marketing agency based in New York and  has a Bachelors Degree in Communication from  UWE .

Over David’s 25+ year career in the the world of branding and marketing, he has worked on strategy projects for companies like  Coca-Cola , Intercontinental Hotels, AMC Theaters, LEGO, Intuit and The American Cancer Society. 

David has also published over 250 articles on topics related to marketing strategy, branding Identity, entrepreneurship and business management. You can follow David’s writing over at medium.com:  medium.com/@dplayer

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David is a Creative Director and Marketing Professional with a wealth of expertise in marketing strategy, branding strategy and growing businesses. He is a founding partner of a branding and marketing agency based in New York. Over his 25+ year career in the the world of Branding and Marketing, he has worked on branding and marketing strategy projects for companies like Coca-Cola, Intercontinental Hotels, AMC Theaters, LEGO, Intuit, American and Cancer Society. He has also published over 250 articles on topics related to marketing strategy, branding Identity, entrepreneurship and business management. You can follow his writing over at medium.com: medium.com/@dplayer View themarketinghustle.com Authors Page

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• Building Your Business
• Becoming an Owner
• Business Plans

The Marketing Plan Section of the Business Plan

Writing The Business Plan: Section 5

Susan Ward wrote about small businesses for The Balance for 18 years. She has run an IT consulting firm and designed and presented courses on how to promote small businesses.

• Products, Services, and Your USP

Pricing and Positioning Strategy

Sales and distribution plan, advertising and promotion plan.

The marketing plan section of the business plan explains how you're going to get your customers to buy your products or services. The marketing plan, then, will include sections detailing your:

• Products and services and your unique selling proposition (USP)
• Pricing strategy
• Sales and distribution plan
• Advertising and promotions plan

The easiest way to develop your marketing plan is to work through each of these sections, referring to the market research you completed when you were writing the previous sections of the business plan . (Note that if you are developing a marketing plan on its own, rather than as part of a business plan, you will also need to include a target market and a competitors' analysis section.)

Let's look at each of these four sections in detail.

Products, Services, and Your Unique Selling Proposition

Focus on the uniqueness of your product or service and how the customer will benefit from what you're offering. Use these questions to write a paragraph summarizing these aspects for your marketing plan:

• What are the features of your product or service?
• Describe the physical attributes of your product or service and any other relevant features such as what it does or how it differs from competitors' offerings.
• How will your product or service benefit the customer?
• Remember that benefits can be intangible as well as tangible; for instance, if you're selling a cleaning product, your customers will benefit by having a cleaner house, but they may also benefit by enjoying better health. Brainstorm as many benefits as possible to begin with, then choose to emphasize the benefits that your targeted customers will most appreciate in your marketing plan.
• What is it that sets your product or service apart from all the rest? In other words, what is your USP, the message you want your customers to receive about your product or service? This will be at the heart of your marketing plan.

Examples of Unique Selling Propositions

Unique selling propositions should be short (no more than a sentence) and concise. Here are a few great examples:

• Domino's Pizza : "We deliver hot, fresh pizza in 30 minutes or less, or it's free."
• FedEx Corporation : "When it absolutely, positively has to be there overnight."
• M&Ms : "The milk chocolate melts in your mouth, not in your hand ."
• Dollar Shave Club: “Everything you need in the bathroom—from razor blades to grooming products—automatically delivered to your door. It doesn’t get any simpler than that.”

The pricing strategy portion of the marketing plan involves determining how you will price your product or service. The price you charge has to be competitive but still allow you to make a reasonable profit.

Being reasonable is key—you can charge any price you want to, but for every product or service there's a limit to how much the consumer is willing to pay. Your pricing strategy needs to take this consumer threshold into account.

The most common question small business people have about the pricing strategy section of the marketing plan is, "How do you know what price to charge?" Basically, you set your pricing through a process of calculating your costs, estimating the benefits to consumers, and comparing your products, services, and prices to others that are similar.

Set your pricing by examining how much it cost you to produce the product or service and adding a fair price for the benefits that the customer will enjoy. You may find it useful to conduct a  breakeven analysis to determine your minimum threshold. Competitor pricing will also help guide you toward the fair market value and help you determine how high you can reasonably go.  

The pricing strategy you outline in your marketing plan will answer the following questions:

• What is the cost of your product or service? Make sure you include all your fixed and variable costs when you're calculating this. The costs of labor and materials are obvious, but you may also need to include freight costs, administrative costs, and selling costs, for example.
• How does the pricing of your product or service compare to the market price of similar products or services?
• Explain how the pricing of your product or service is competitive. For instance, if the price you plan to charge is lower, why are you able to do this? If it's higher, why would your customers be willing to pay more? This is where the strategy aspect comes into play; will your business be more competitive if you charge more, less, or the same as your competitors, and why?
• What kind of return on investment (ROI) are you expecting with this pricing strategy, and within what time frame?

Remember, the primary goal of the marketing plan is to get people to buy your products or services. Here's where you detail how this is going to happen.

There are usually three parts to the sales and distribution section, although all three parts may not apply to your business.

Distribution Methods

• How is your product or service going to get to the customer? Will you distribute your product or service through a website, through the mail, through sales representatives, home delivery, or through retail?
• What distribution channel is going to be used? In a direct distribution channel, the product or service goes directly from the manufacturer to the consumer. In a one-stage distribution channel, it goes from manufacturer to retailer to consumer. The traditional distribution channel is from manufacturer to wholesaler to retailer to consumer. Outline all the different companies, people and technologies that will be involved in the process of getting your product or service to your customer.
• What are the costs associated with distribution?
• What are the delivery terms?
• How will the distribution methods affect production time frames or delivery? How long will it take to get your product or service to your customer?

If your business involves selling a product, you should also include information about inventory levels and packaging in this part of your marketing plan. For instance:

• How are your products to be packaged for shipping and for display?
• Does the packaging meet all regulatory requirements (such as labeling)?
• Is the packaging appropriately coded, priced, and complementary to the product?
• What minimum inventory levels must be maintained to ensure that there is no loss of sales due to problems such as late shipments and backorders?

Transaction Process

• What system will be used for processing orders, shipping, and billing?
• What methods of payment will customers be able to use?
• What credit terms will customers be offered? If you will offer discounts for early payment or impose penalties for late payment, they should be mentioned in this part of your marketing plan.
• What is your return policy?
• What warranties will the customer be offered? Describe these or any other service guarantees.
• What after-sale support will you offer customers and what will you charge (if anything) for this support?
• Is there a system for customer feedback so customer satisfaction (or the lack of it) can be tracked and addressed?

Sales Strategy

• What types of salespeople will be involved (commissioned salespeople, product demonstrators, telephone solicitors, etc.)?
• Describe your expectations of these salespeople and how sales effectiveness will be measured.
• Will a sales training program be offered? If so, describe it in this section of the marketing plan.
• Describe the incentives salespeople will be offered to encourage their achievements (such as getting new accounts, the most orders, etc.).

Essentially the advertising and promotion section of the marketing plan describes how you're going to deliver your USP to your prospective customers. While there are literally thousands of different promotion avenues available to you, what distinguishes a successful plan from an unsuccessful one is the focus—and that's what your USP provides.

So think first of the message that you want to send to your target audience. Then look at these promotion possibilities and decide which to emphasize in your marketing plan:

Advertising

The best approach to advertising is to think of it in terms of media—specifically, which media will be most effective in reaching your target market. Then you can make decisions about how much of your annual advertising budget you're going to spend on each medium.

What percentage of your annual advertising budget will you invest in applicable methods of advertising, such as:

• The internet (including business website, email, social media campaigns, etc.)
• Direct mail
• Door-to-door flyer delivery
• Cooperative advertising with wholesalers, retailers, or other businesses
• Directories
• Bench/bus/subway ads

Include not only the cost of the advertising but your projections about how much business the advertising will bring in. 

Sales Promotion

If it's appropriate to your business, you may want to incorporate sales promotional activities into your advertising and promotion plan, such as:

• Offering free samples
• Point of purchase displays
• Product demonstrations

Marketing Materials

Every business will include some of these in its promotion plans. The most common marketing material is the business card, but brochures, pamphlets, and service sheets are also popular.

This is another avenue of promotion that every business should use. Describe how you plan to generate publicity. While press releases spring to mind, that's only one way to get people spreading the word about your business. Consider:

• Product launches
• Social media
• Special events, including community involvement
• Writing articles
• Getting and using testimonials

Your Business's Website

If your business has or will have a website and a business Facebook page, describe how these fit into your advertising and promotion plan.

Trade Shows

Trade shows can be incredibly effective promotion and sales opportunities if you pick the right ones and go equipped to put your promotion plan into action.

Other Promotion Activities

Your promotion activities are limited only by your imagination. But whether you plan to teach a course, sponsor a community event, or conduct an email campaign, you'll want to include it in your advertising and promotion plan. Sporadic, disconnected attempts to promote your product or service are bound to fail. Your goal is to plan and carry out a sequence of focused promotion activities that will communicate the message you want to send about your products or services.

No business is too small to have a marketing plan. After all, no business is too small for customers or clients. And if you have these, you need to communicate with them about what you have to offer.

Harvard Business Review. " How to Find Out What Customers Will Pay ." Accessed Jan. 16, 2020.

How to create a comprehensive strategic marketing plan

A strategic marketing plan optimizes your marketing spend and maximizes ROI, ensuring every dollar contributes to business success.

Our free ebook exclusively for marketers. Discover how no-code eliminates developer bottlenecks and empowers modern marketing teams to truly own the website.

Unlock your marketing budget’s full potential through strategic marketing tactics.

Maybe you’ve been here: Your marketing team has wide-ranging ambitions, and the budget gets stretched across an eclectic range of channels and campaigns, with the hope of capturing your audience’s attention. But, despite best intentions, the results are underwhelming. And you can’t help but notice gaps between effort and impact. The culprit? This approach lacks focus.

Strategic marketing addresses these challenges by grounding marketing activities in data and research. By developing a marketing strategy that targets the right audiences, grabs attention with compelling messaging, and aligns with business objectives, you’ll ensure every dollar spent delivers tangible results.

What’s strategic marketing?

Strategic marketing involves thoughtfully aligning all marketing efforts with your company’s overarching goals. Instead of focusing on immediate sales and short-term gains, you craft initiatives that build enduring customer relationships and brand loyalty.

At its core, this approach involves:

• Market segmentation: Identifying and targeting smaller, manageable consumer groups within a broad market based on shared characteristics
• Target audience identification: Further refining market segments to pinpoint the specific groups most likely to engage with your products or services
• Competitor analysis: Evaluating competitors’ strengths and weaknesses to craft differentiation strategies and prepare for market threats
• Product positioning: Establishing a unique value position for your offerings to stand out from competitors
• Pricing strategy: Developing pricing that reflects your offering’s perceived value, considers the competitive landscape, and meets profitability goals
• Distribution channel selection: Choosing the most effective marketing channels (both online and offline) for reaching potential customers

Marketing strategies versus marketing plans

A marketing strategy might sound very similar to a marketing plan. But think of these related concepts as two connected approaches for marketing success.

A marketing strategy outlines the overall, big-picture direction for reaching your company's marketing goals. Use it to define your target audience, competitive positioning, and value proposition to differentiate your company's offerings in the market. For example, an electronics company aiming to lead in smart home technology might have a marketing strategy focused on reaching tech-savvy homeowners with easy-to-use products that enhance their quality of life.

And a marketing plan is more granular. Use a marketing plan to detail the specific actions, timelines, and resources needed to execute the overarching marketing strategy. It includes a roadmap of tasks, projects, budgets, and timelines for the strategy’s execution.

A marketing plan for that same electronics company might involve:

• Conducting market research and competitor analysis: To identify smart home trends and gaps in competitor offerings
• Segmenting the market: To focus on tech-savvy homeowners, positioning their smart devices as premium solutions that integrate well with existing smart home ecosystems
• Establishing distribution channels: This could include partnerships with retailers and ecommerce platforms
• Launching a multi-channel marketing campaign: To message across social media, email, and search engines to promote their smart devices
• Setting competitive pricing : To reflect the product’s premium quality and appeal to the target audience's willingness to invest in advanced technology
• Measuring the plan's efficacy: To track success, use key performance indicators (KPIs), like revenue growth, market share expansion, customer acquisition rates, and customer satisfaction
• Learning and tweaking: Making data-driven adjustments based on KPIs to refine the approach

What are the benefits of strategic marketing?

Regardless of your industry and company size, strategic marketing can pay off. With this approach, you’ll:

• Better understand the market: The strategic marketing process begins by diving deep into current market dynamics to spot business opportunities and marketing challenges . With this knowledge in hand, you can target the right audiences, allocate resources more effectively, and uniquely position your offerings against competitors.
• Set clear objectives: Strategic marketing involves setting specific, measurable, achievable, relevant, and time-bound goals. These SMART goals provide a framework for establishing precise targets and evaluating performance. ‍
• Improve your product and services: Thoroughly understanding customer needs and industry trends forms the core of strategy marketing. This knowledge helps you develop products and services that better meet your audience’s evolving preferences, ensuring market relevance and sustainability.

What are the most effective marketing strategies?

Here are a few approaches to consider when planning marketing strategies. Take a look and see which methods align with your company’s goals.

Content marketing

Content marketing strategies involve crafting and sharing valuable content to captivate and retain a targeted audience. You can use this approach to draw visitors in and provide informative, engaging material that addresses their interests and needs. In doing so, you’ll gently promote your brand and offerings while weaving in your unique value proposition — without overt selling.

For example, a design firm could release relevant content, like blog posts and whitepapers on the latest industry trends, eye-catching design techniques, and product innovations. By sharing expert insights and practical advice, the firm establishes itself as a thought leader, enhances its brand reputation, and attracts more organic website traffic .

Social media marketing 

By using platforms like Facebook, Instagram, and YouTube to engage with audiences, you can boost brand visibility and encourage interactions, such as likes and comments. This involves creating a customized sales funnel that turns social engagement into tangible conversions. By guiding interested followers to your website and landing pages , social media marketing motivates visitors to purchase your products and services. 

For example, a digital marketing agency might share valuable case studies, success stories, and actionable marketing tips on Instagram and LinkedIn. This tactic lets the agency demonstrate its expertise and, at the same time, attract potential clients (aka people seeking marketing solutions). Beyond positioning the agency as an authoritative resource on the subject, this strategy also helps establish trust, which can encourage more people to sign up for their services.

Product marketing 

With product marketing, you highlight how your product solves your target market’s needs. Marketing materials — like online advertisements and demos — emphasize why customers should choose your offering over others. 

A company specializing in cybersecurity software, for example, might spotlight their password protection feature. By highlighting how their password manager offers more robust features compared to others, the company effectively speaks to data privacy-conscious individuals seeking safe options.

Email marketing

Email marketing harnesses the power of personalized communication to connect with customers. With this approach, you can nurture leads , boost conversions, and re-engage existing customers by delivering messages that speak to their specific needs and interests.

For example, a company offering financial advising services could use email marketing to send subscribers educational emails about managing personal finances, investment strategies, and retirement planning. By segmenting their email list based on where users are in their life stages and financial goals, the company offers more relevant content. With AI-powered hyper-personalization , they can send targeted emails and special offers to visitors based on their website browsing history, segmentation surveys, or newsletter signups.

Search engine optimization

With search engine optimization (SEO) strategies, you can improve your website’s ranking in search engine results pages (SERPs) — and drive organic traffic and customer engagement. Optimization involves refining your content, site structure , and on-page elements, like metadata tags and descriptions, to ensure search engines index and highly rank your site. Conducting keyword research is crucial here because it helps you align your content with what your target audience is searching for.

How to get started with strategic marketing in 4 steps

Strategic marketing requires a focused approach. Follow these four steps to begin.

1. Align marketing and business goals

Start by identifying SMART goals and KPIs that support your business objectives. Establishing clear, quantifiable targets with a set timeline will guide your marketing initiatives and provide benchmarks for assessing progress and success. If your goal is to enhance online visibility, you might aim to publish 50 posts over the next quarter and increase website traffic by 25%. 

2. Identify your target audience

After establishing in-house goals, conduct market research to understand your target audience. Tools like Google Analytics and data visualization platforms can help your team gain insight into your audience’s demographics, geographic locations, and preferences. During this research phase, keep an eye out for emerging trends and patterns that you can use to refine your products, services, and brand messaging — and better meet your audience’s specific needs and interests.

3. Develop content

Now, use the data you’ve collected to craft targeted, optimized content that improves brand visibility and addresses your audience's pain points. 

Say a tech company, for example, aims to position itself as a leader in sustainable technology. Its marketing team might create videos and infographics that illustrate their technology’s positive impact on the environment, highlight sustainable innovations, and showcase their eco-friendly solutions. Beyond engaging and educating its target audience, this content supports the company's strategic objective of establishing itself as an industry pioneer. To make sure their target audience sees this content, the company could use market and target audience research to determine which social platforms their target audience frequents and which keywords (such as “eco-friendly data storage options”) to incorporate throughout their blog and social content. 

4. Allocate resources

To make it all happen, you’ll need a budget that supports your strategic marketing vision and overall business goals.. Thoroughly analyze your marketing channels, your audience’s preferences, and previous campaign performance to ensure every dollar spent achieves maximum impact.

If you’re looking for inspiration on how to do this, take this example: A company offering time management software could analyze social media insights. If the marketing team discovers that a significant portion of their audience engages with them through Instagram Stories, they could funnel more of their budget to paid social advertising that features new-customer promotions. This targeted approach can boost user engagement, and it aligns with the company’s goal of acquiring more customers. 

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• Marketing and Sales Strategy
• 11 July, 2022

10 Steps to Create a Complete Sales and Marketing Business Plan [Templates included]

Jump to the end of the post to get access to our free sales and marketing business plan templates.

Turning an idea into a functional business requires laser-sharp focus. You must take care of development, marketing, sales, customer success, and whatnot. 

While most entrepreneurs start with some form of a plan, they often forget about it soon after. 

Blame it on changing dynamics, trial and error to find a product-market fit, or blatant ignorance. But overlooking the planning process is a sure shot reason for failure — as the common saying goes, failing to plan is planning to fail.

An essential part of this document is the sales and marketing segment. The sales and marketing plan outlines everything you need to do to promote your products and generate revenue for your business. 

Why do you need a sales and marketing plan? 

Having a revolutionary product that solves a genuine problem is great. But it won’t mean anything if people don’t know about you. 

A sales and marketing plan helps you get discovered, structure your activities, and move forward with your growth goals. 

It’s more or less like a roadmap about what you should do to make things work in your favor. 

Your sales and marketing plan will help you: 

• Identify the bridge between where you are today and where you want to reach your business goals. 
• Get much-needed clarity and avoid conflicts and confusion in case of any disruptions.
• Gain and document insights about your target audience, industry, trends, costs, etc. 
• Justify your business model in front of investors and lenders in case you need to raise funds.
• Stay focused on a north star metric, improvise growth tactics and achieve harmony between various growth activities. 
• Promote sales and marketing alignment.

Your sales and marketing plan would also help you avoid distractions and save time and money lost. 

And you know how easy it is to lose direction and get distracted when starting or running a startup. Documenting everything as a plan will help avoid confusion and add clarity to your everyday affairs and long-term mission. 

However, different companies need different plans based on the stage of operations and their unique growth goals. 

A clear marketing and sales plan promotes alignment between marketing and sales departments at every stage . This reduces resource waste and creates fewer “blame-game ” occasions in your meetups. 

What to include in the marketing & sales plan? 

Planning is a subjective activity. 

You’d receive several different answers if you read, talk to, and consult multiple experts on what to include in your marketing and sales plan. 

So, how should you decide which elements to include in your marketing/sales plan? 

Let’s take a step back and understand the “why” of planning. 

You need a plan so you don’t get confused and can keep walking towards your goal.

Your plan should: 

• Serve as a roadmap for everything related to sales and marketing for the first few months if you’re just starting. 
• Outline and articulate the core strategies you’ll experiment with, the desired outcome, and the KPIs to measure performance. 
• Set realistic KPIs, outcomes, and objectives based on market understanding, competition, funding requirements, and your target audience’s pain points. 

Marketing plan for your startup: The what and why

In an ideal world, every penny you spend in marketing should enhance your visibility, take you closer to your audience,  and increase your conversion rates. 

But in reality, it takes a lot of effort, time, and investment to make it happen. 

A marketing plan helps you navigate through the tricky maze called marketing without getting lost in the process. 

Basically, you build a marketing plan to gain enlightenment about how you’ll promote and stay relevant to your audience. 

You do it beforehand so that when things get tricky, you have a directional beacon to guide you.  

Creating any plan should start with an understanding of the purpose. The same applies to marketing, too. Try to find the reason behind marketing your product – why are you working towards your goal. 

Knowing your why would help you gain clarity – an essential element for the success of any activity on the planet. Before you begin, you should try to find answers to the following questions: 

• Why are you making the marketing plan?
• What do you want to accomplish with the marketing?
• What will be the value proposition? 
• What are the goals that we want to achieve?

These answers will allow you to think better and prepare for strategizing your plan with a better perspective. 

Also, while at it, remember that your marketing plan is not a rigid document etched in stone. Instead, it’s a result of an iterative process that depends on five fundamental aspects: 

1. Product: What are you marketing? 

The product section should explain what you are selling exactly. 

• What do you sell? 
• How is your offering different from your competitors?
• What are the benefits your potential customers would derive from your offerings? 
• What is your core USP? 

Answering these questions would help you craft a great positioning statement and marketing message for your marketing campaigns. 

2. Place: Where are you available? 

This section should outline where you will sell or market your products. How will you get customers to reach out to buy your product or service? 

Though this will depend on the nature of business — online or offline, manufacturing or services, answers to the following questions would help you gain clarity: 

• Where will you be available for your customers? 
• Which distribution channels would you use to be more accessible to customers? 
• What percentage of sales/conversions do you expect from different distribution/marketing channels? 

3. Price: How much will you charge? 

This is an essential part of your planning process. Your pricing decisions would decide how you will generate revenue for your startup . 

Your pricing decision should be based on market analysis, competition, value offering, buying behavior, etc. 

• What will be the pricing model you’ll adopt to generate revenue? 
• What is the most favorable price point that your customers are ready to pay for your offering? 
• Will you make any profit/loss at this price point? 
• How soon can you break even based on your pricing strategy? 

4. Promotion: How will you promote your offering? 

You can have the best product, but no one would care if you’re not promoting it. 

Moreover, one of the primary reasons to create a marketing plan is to help you promote your offering. 

• Who is your target audience? 
• How will your reach your target audience? 
• What strategies will you adopt to convert your audience into customers? 
• Which channels of promotions will you use to promote your offerings? 
• How much will you spend on promotions and marketing? 
• What will be your team structure for the next quarter, year, and long term?
• How will you track the marketing effectiveness? 

5. People: Who will do the marketing?  

While most marketing plans you see out there would cover the traditional 4Ps of marketing, often the fifth P, people, is ignored. 

And you know there’s no growth or promotion without your team – your people. 

This aspect should help you understand your current capabilities and the resources needed in your team. Think about how you will find them, their responsibilities, and where they stand in the big picture. 

• Who will do the marketing for you? 
• What do you look for in a human resource?
• At what point do you start expanding the team? 
• Who are you going to hire first?
• How do you plan to hire for marketing? 
• What will be the core responsibilities and KPIs for your team? 
• How will you set KPIs/OKRs and analyze your team’s performance? 

Sales plan for your startup: The what and the why

Your sales plan would help you generate revenues from your marketing efforts by completing the journey from generating leads to turning them into customers. 

A sales plan defines your sales goals, the strategies you’d bet on, your desired results, your challenges, the solutions you have for them, and the structure (people, budget, process, and tools) you need.

Your sales plan would cover everything you need to register sales and generate revenue for your business. 

A sales plan is created to: 

• Provide a strategic direction to your sales team
• Define the core objectives and goals in terms of sales 
• Outline roles and responsibilities
• Analyze and measure your wins in terms of sales. 

These reasons help you succeed more than experimental businesses that beat around the bush while trying to make things work in a world where everyone’s selling something. To ensure your sales plan is effective, it should include: 

1. Sales goals — What do you want to achieve? 

Like any other activity in the world, your sales planning process should also revolve around the end goals for sales

Saying that you want more customers is a generic goal that doesn’t have any tangible metrics attached. Moreover, saying that you wish for more sales is too broad a goal that would involve outlining several action steps. 

So, it’s always better to have a SMART goal and break it down into tangible, measurable, and KPI-driven objectives. You can say that you want to: 

• Nurture 10% more MQLs into SQLs, and ultimately, customers.
• Reduce your churn rates by 5% before the end of Q1.
• Expand your sales team with 3 people to nurture and convert leads faster — reduce time to conversion by 5 days.
• Increase the customer lifetime value through upsells or cross-sells by $200.
• Expand your sales activities into new territories or regions.
• Optimize your pricing strategy to improve your conversion rates by 8% for new accounts.

2. Tactics — The process and activities

This segment will include the specific tactics, processes, and activities you’ll use to generate revenue for your business . 

A solid understanding of your target audience, goals, and capabilities would help you discover exciting and profitable tactics for your industry. 

Try to pick and choose the tactics in line with your ideal customer profile. You can conduct a survey and get insights from your marketing team to align your sales efforts accordingly. 

An aligned sales and marketing team will help you accelerate sales enablement and strike gold with more leads, higher conversions, and better results. 

Interested in exploring new sales tactics? Read this blog on popular sales strategies and techniques for your business. 

3. Timelines — The time you’ll need to make things happen

A plan without a timeline is just a wish. You must link your goals, tactics, and sales strategies with realistic deadlines. This will ensure that everyone’s motivated to work towards your goals. 

Keep all the stakeholders in the loop by developing a realistic growth goal and attaching a practical timeline to it. 

While you’re at it, don’t forget to assign one person who’ll be responsible for ensuring compliance. 

This tactic is known differently in business circles. 

Some call it a key Point of Contact (POC) for an activity; others call this person a Directly Responsible Individual (DRI). 

Another popular approach includes assigning OKR (Objective and Key Results) to an individual in a team who owns up the responsibility of making this happen. 

Whatever you may do, make sure you are realistic, practical, and sensible in creating achievable deadlines for your sales teams. 

Failure to do so would lead to dissatisfaction among sales team members, ultimately harming your bottom line. 

4. KPIs — the metrics you’ll track to determine success 

KPIs will help you understand if your sales tactics align with your revenue generation goals. These metrics help enhance sales teams’ performance, optimize the sales funnels, and improve conversion rate. 

If you want a solid sales plan, you need to tie everyone (and everything) to a tangible sales metric. 

You also need to ensure proper sales and marketing alignment so that all your marketing spends get attributed to some kind of improvement in KPIs. 

Here are some questions and corresponding KPIs you can think of adding to your sales plan: 

If you track these KPIs well, you’ll understand the challenges better, predict future problems, and get better at generating revenues from your sales activities. 

Moreover, the answers you gather and the KPIs would help you keep an eye on the overall efficiency of the sales process and build a strong sales team. 

Apart from these standard inclusions to your sales plan, you can also add the following information: 

• Team structure: How big your sales team should be, and what will be the responsibility (job role and KPIs) of each member of the team? 
• Resources/tools required : What tools and resources do you need to execute the sales tactics and strategies you’ve planned? 
• Current market trends: How is the present market regarding customer interest in your product, competition landscape, and overall sentiment in your industry? 

Rethinking the traditional plan for digital businesses, service companies, and SaaS startups 

The traditional ways of creating a sales and marketing plan are geared more toward the product economy. 

Today, most businesses don’t even have a physical “product”.

Distribution and conversion cycles are not so simple, too.

The sales and marketing ecosystem has transitioned from a single-sales mindset to a culture of lead nurturing , upsells/cross-sells, and experiences to enhance the customer’s lifetime value. 

Even users don’t look at companies, products, and solutions like they used to anymore. 

Don’t you think the old ways should be reimagined? 

In his book, Subscribed, Tien Tzuo mentions how the world economy is transitioning to a digital era powered by subscription-based startups and digital businesses.

Naturally, with changing consumer mindset, the traditional business planning models (including sales and marketing plans) should change, too. 

There has been a hot debate about reimagining marketing and sales operations for the future — digital businesses, SaaS products, and the subscription economy. 

PADRE is a promising framework with all the elements of a traditional business plan, reimagined for the modern digital economy. 

The PADRE framework keeps the customer at the heart of everything and divides all activities (including sales and marketing) into eight subsets: 

• Position: How will you create awareness, turn it into demand for your product and build a pipeline of leads? 
• Acquire: What is your ICPs buyer’s journey? How will you address their pain points and turn them into customers? 
• Deploy : How will you onboard , service, and delight your customers as efficiently as possible so they can use your product, service, or SaaS quickly?   
• Run:  How will you ensure that your customers get what they expect (and deserve) from your product or service? 
• Expand: How will you grow your company through retention, growth, and customer advocacy? 
• Product: How will you evolve your product, service, or offering and manage everything? 
• People:   How will you recruit, onboard, train, and retain the best talent to serve your customers? 
• Money: Where and how will you fund and fulfill your need for running and growing your business most efficiently? 

If you look at the PADRE model carefully, it has almost all the elements discussed above for sales and marketing plans, just in a different way. This differentiation makes more sense for a dynamic digital business than the traditional sales and marketing business plan. 

You can take ideas from the PADRE model to create your version of a dynamic business plan based on your unique business idea. 

10 steps to create a solid sales and marketing plan

Regardless of your approach to creating a business plan, you will have to gather data, make some important decisions, and collate everything together. 

Remember, your sales and marketing plan is a living document that should be revisited repeatedly for optimization. 

Here are the steps you can take to create an actionable plan based on the insights shared above: 

Step 1: Gather data based on company insights and external trends

“Always measure the depth of the pool you’re diving in!” 

Before you start planning your sales and marketing observing and documenting macro-level industry trends is a must. It will give you an understanding and insight into what to expect in the future. 

You can use industry insight to strengthen your assumptions, understand the market, add clarity to your sales and marketing mix, and refine your plan. 

Always look for industry insights around sales and marketing trends — what worked in the past, how things are changing, and what future trends will drive growth. While industry trends are not a full-proof solution, it gives you a direction to provide a concrete shape to your plans. 

Use industry trends to add “meat” to your hypothesis, and see if you can get data about: 

• Consumer behavior and psychology that drives sales. Use the Facebook Ads manager audience tool to find your audience’s topics of interest and behavior trends.
• Psychographic analysis of your target audience.
• Marketing effectiveness of different channels. You can use platforms like Similarweb to peak into the traffic sources of your competitors and get an estimated idea of the volume.
• Sales trends of lateral and complimenting businesses. 
• Competitor analysis, including their past financial performance and effectiveness in generating revenue. 

Step 2: Create your ideal customer profile (ICP) 

As a business owner, you must know everything about your target audience. 

Without a deep understanding of your ICP, you could end up like a door-to-door salesman trying to sell but end up annoying everyone. 

This information helps you take the necessary steps to add context and relevance to your marketing and sales plan. 

You should break up your ideal customer persona (ICP) into several sections covering all aspects of your persona’s — the demographic profile, what they think, believe, and trust in, their needs, motivations, drives, and psychographic profile. 

Sample questions for building an Ideal Customer Profile

Knowing your audience allows you to talk the way they want to be talked to. Also, you get to understand what makes them buy, their problems and pain points, and where they spend most of their time. All this is crucial for creating an effective marketing strategy. 

You can even use this knowledge to segment your audience personas and personalize your marketing campaigns — a powerful tactic to market your brand in 2022. 

Step 3: Assess your current situation 

Once you’ve gathered data and foresight, start the self-introspection process. 

Ask yourself where you stand in your startup journey. 

✓ How is your business performing right now? 

✓ Are you performing according to your revenue estimates and KPIs? 

✓ Do your business and revenue generation efforts align with market and industry trends? Do they need to align?

✓ Are you marketing and selling where your customers are looking for options? 

✓ What are your strengths and weaknesses? 

✓ What challenges are you facing in getting your business to the next level? 

✓ Is there any better way of doing things than you do now? 

All these questions will give you ideas to start the actual planning process. Moreover, you’d understand if whatever you did was even worth it. 

Step 4: Define metric-driven objectives and goals

Have you ever traveled without a destination? 

Well, maybe you have. But that’s not how you run a business. You need to have an exact destination in mind — where you’re headed to. 

That’s why having an objective and goal is essential for making a sales and marketing plan. Tangible and realistic goal-setting should be the #1 priority of anyone trying to succeed as an entrepreneur. 

Your goals will will allow you to track if you’re making a real impact on your business. Plus, having a metric-driven goal gives you an understanding of what you need to do for success. 

Your goals and objectives should be tied to your business vision and mission.

Often, we see there’s a misalignment between sales and marketing objectives. That leads to confusion and, thus, poor performance. Hence setting a SMART goal is critical for ensuring clarity.

SMART objectives for your sales and marketing plans should be: 

• Specific: The goal is clearly defined, and everyone within your team understands the goal and its importance. 
• Measurable: The goal/objective should be tied to key performance indicators (KPIs) and visibly measurable.
•  Achievable: Being realistic is an important factor in setting an attainable goal. Look at your team’s ability, budget, and current situation to ensure the goal is within your limits. Setting the bar too high will only lead to disappointment and wasted time and effort. 
• Relevant: Your objectives should be aligned with your business vision and mission. If your marketing and sales aren’t aligned to your bigger picture, it will lead to losses (and potential conflicts). 
• Time-bound: Any objective you define must have a clear timeline, which means there should be a start and end date. Without that, your goal is just a wish. 

Step 5: Determine metrics for success (KPIs) 

You know you need to measure your goals and objectives in real-time. 

That would ensure everything’s on track and help you red flag any deviations from your desired path. 

But setting a measurable KPI for any business is a tricky business in itself. Especially when there’s a lot to plan in sales and marketing, and every business is different. 

KPI or key performance indicators should be planned based on industry best practices, prevailing marketing trends, and taking stakeholders in confidence. 

You can align standard industry KPIs with your business or marketing/sales goals to create your version of KPIs that will objectify your success figures. 

Standard Goals and KPIs you should track

Always ensure that each KPI you track links to the bigger picture — where and how it contributes to your business’s mission and mission. This will add relevance to your sales and marketing plans giving you more accurate insights for the future periods.

Step 6: Build a forecasting model

Forecasting is an activity that predicts what your sales and marketing efforts will lead to on a monthly, quarterly, and annual basis. 

Creating a sales or marketing forecast involves taking the opinions of industry leaders, financial consultants, CPAs, marketers, sales managers, and your team members. It also will involve studying and analyzing the insights you gathered in step one.

A forecast will help you make better hiring decisions, budget for your expansion in a better way, and linearly predict your revenues. You can also add dynamic variables to the forecasts to analyze how your KPIs would perform under real-life situations. 

Creating a forecasting and budgeting model for your sales and marketing team is highly essential to keep things in check. However, it would be best if you didn’t fall into the lure of creating forecasts for more extended periods as things are changing quite rapidly, especially after COVID-19. 

Better to create a forecast for a quarter, review it based on actual expenses and performance, and keep iterating. You can also take advantage of popular forecasting tools for more accurate models. 

Step 7: Identify gaps within your assumptions 

By this step, you’d have a clear idea about your capabilities, the goals you want to achieve, the industry trends and the forecasts for the future.

This will give you an opportunity to get a bird’s eye view of your sales and marketing activities in terms of your revenue growth. 

You can use this information to plug in gaps because of your assumptions and biases, analyze what’s required and the challenges you’d face to make things happen. 

Identifying gaps between your existing situation and your goals based on forecasts would help you make informed decisions. 

You can choose to hire more people in sales and marketing, increase your budget, try new marketing tactics, or even start an entirely different lead generation and nurturing channel to achieve your goals. 

Step 8: Create a team structure and involve stakeholders. 

The most important part of the planning process is to understand your capabilities. If you’ve assessed your current scenario correctly, you’ll have a clear picture of who’s responsible for growth, marketing, sales, etc. 

And if you’re just starting, this is a great time to start planning a structure for your marketing and sales team, starting with: 

• How many people will be needed for each team? 
• Who will be responsible for specific KPIs?
• What will be the responsibilities of each member of the team? 
• How will teams communicate with each other and ensure alignment between efforts? 
• How will the performance be measured? 
• What are the challenges marketing and sales teams face in your company (or industry)? 
• How will expansion needs be identified?  

Remember, if you’re just starting to build a team and have existing team members, take them in confidence and involve every stakeholder before creating a structure.

The more aligned and closely knit your sales and marketing, the faster you achieve your growth goals. 

• Build a Strong B2B Marketing Organization Structure for Modern Teams
• Sales Operations Responsibilities: Roles, duties, and obstacles
• Revenue Operations Roles: Who do you need to build a RevOp team?

Step 9: Outline action items 

By this step, you’re almost done with the planning. You just need to answer two more questions:

• What do you need to do to achieve your goals? 
• How will you do what you need to do? 

This means outlining action steps, developing marketing and sales tactics, and finalizing the cogs required to run your marketing/sales engine. 

You can start by putting together a rough draft of all the insights you’ve gathered, the available resources, the budget, best industry practices, trends, and growth projections. This will give you foresight into what can work in your favour. 

Build a list of action steps that you need to take to move in the direction of your goals. 

Step 10: Identify and implement tools and systems

Okay! This is the last step of the planning process. After this, you will be left with the exact steps you need to take daily to achieve your KPIs. 

But don’t take this step lightly. Think of this as the building blocks of a bridge that would take you from “here” to “there”. 

You’ll need to make a list of tools, systems, and solutions you’d need to make things happen. 

For example, if you’ve concluded that you need to set up a lead nurture campaign , you need a tool or platform that makes that happen. 

You’ll need to evaluate the available options and pick a tool that aligns with your goals and budget. 

While picking up any tool, make sure that it should: 

• Save time, money, or effort for your marketing and sales team members.
• Have prominent success stories and case studies that closely relate to your goals, tactics, and life stage.
• Is reliable and doesn’t use any under-the-hood tactics to make things happen. 
• Has an active developer and customer success team.
• Is supported by a thriving public community of happy users. 

Make sure that whatever tech stack you’re finalizing has a solid mechanism to track success and your KPIs. 

This will help you ascertain success quicker. Also, communicate with all the stakeholders about the tools and success metrics. 

Ready-to-use sales and marketing plan templates

To make things easy for you, we have prepared comprehensive templates for both your sales and marketing plans. To download the template click on the links below and duplicate the document. Then, fill in the blanks.

Download the Marketing Plan Template

Download the Sales Plan Template

Your sales and marketing plan is a living document. Keep revisiting! 

If you’ve come this far with your planning, you should have a functional plan for supercharging your marketing and sales operations in the coming weeks and months.. 

But remember, sales and marketing planning isn’t a one-time activity. Keep optimizing your plans with fresh insights to stay on track with changing dynamics. And don’t forget to track the right metrics and KPIs.

A marketing automation platform like Encharge can help you to execute your marketing and sales plans. Don’t believe us. Check the success stories to see how others businesses are amping up their marketing and sales game now.

Meet your new marketing automation platform

“encharge helped us visually redesign our onboarding flow resulting in a 10% increase in our trial activation rate .".

How To Use AI To Predict User Engagement in Marketing (Guide 2024)

Imagine if your marketing could read minds. Every campaign, blog, and email would feel just right to your audience. That’s

Free Marketing Plan Examples: Real-World Samples & Templates

By Joe Weller | April 27, 2024

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A  marketing plan  is a comprehensive document that outlines a company’s marketing strategy and tactics, and ensures that its marketing goals align with its overall objectives. Effective marketing plans include detailed analysis of the market along with roadmaps for upcoming campaigns. Inside this article, you’ll find the  elements of a marketing plan , 10 real-world examples of marketing plans with commentary from experienced marketing professionals, free marketing plan templates and samples , and a  chart to help you determine which template suits your needs .

Marketing Plan Elements

Typical marketing plans begin with an executive summary and include audience demographics, company objectives, situational analysis of the business, and marketing strategies and tactics. Market research and analysis provide campaign direction, and the budget and timeline offer practical parameters. A marketing plan can provide an overview of all strategies and campaigns to be executed in a certain time frame, or it can focus on a specific product, channel, or strategy. The level of detail and the sections included might vary, depending on the organization’s needs. The nine main elements of a marketing plan are:  

Executive Summary and Mission Statement:  A concise, high-level summary conveys the purpose of your marketing plan, introduces key strategies and research insights, and highlights the most important takeaways for stakeholders. For example, an executive summary might outline your brand’s identity, its place within the competitive landscape, and the major opportunities that upcoming marketing campaigns will target. Longer plans might include a separate mission statement or vision statement to align marketing efforts with your company’s larger goals. Discover more  examples of executive summaries with templates to help you write one effectively.  

Situational Analysis:  One of the most crucial elements of your marketing plan, a situational analysis is an assessment of the internal and external factors affecting a business’s performance. It should include research-based insights into market trends and dynamics, customer demographics and pain points, and internal resources.  A strong situational analysis often includes a SWOT (strengths, weaknesses, opportunities, threats) analysis, which provides a foundation for an effective marketing strategy. Learn more about  how to perform a SWOT analysis .  

Competitive Analysis:  Understanding the competition is key to developing a compelling marketing plan. This analysis should consider recent marketing campaigns from similar brands to identify successful ways to reach a shared target audience. Being aware of the competitive landscape can also help your business develop a unique selling proposition and stand out in the market. The competitive analysis might be included in the larger situational analysis, or it might be a stand-alone section. For example, a marketing plan could include data on how competitors rank on keywords, or it could evaluate the performance of competitors’ recent social media campaigns. One common framework for understanding market dynamics is a Porter’s five forces analysis, which identifies the forces that contribute to industry rivals. Learn how to evaluate the competitive landscape with  free industry analysis templates .  

Target Audience: In order to implement marketing strategies that engage consumers and drive conversions, businesses need to know who their audience is, what they want, and how they behave. A marketing plan should define a specific, segmented target audience with demographic, geographical, psychographic, and behavioral data.  This section often includes customer profiles or buyer personas — fictionalized representations of ideal customers or audience segments — which help marketers typify consumer behaviors. These profiles should include media habits and most-used platforms to ensure that your marketing plan selects the right channels for each campaign. Learn how to analyze your target market with  free customer profile templates .  

Goals and Objectives:  Marketing plans typically include both long-term goals, which provide broad direction for the company’s marketing strategy, and short-term objectives, which focus on more immediate tactics and campaigns. Goals should be SMART (specific, measurable, achievable, relevant, time-bound) and include corresponding key performance indicators (KPIs).  The goals and objectives in a marketing plan often focus on conversions, market share, brand awareness, or engagement. Clearly defined goals ensure strategically aligned marketing initiatives with measurable results. Take a look at  real-world examples of SMART goals for more insights.  

Marketing Strategy:  This section of a marketing plan details the business’s unique value proposition and the channels that will communicate it. A robust marketing strategy addresses the touchpoints in a consumer’s buying cycle and breaks down the 4 Ps (product, price, place, promotion) of the marketing mix. Channels might include digital marketing, advertisements, social media, and influencer partnerships. To develop an overarching marketing strategy, consider using a  marketing strategy template . To learn more about the 4 Ps, read this  product marketing guide .  

Tactics and Action Plan:  A marketing plan is not an abstract strategy document, but a concrete roadmap for executing specific campaigns with specific tactics. Your plan should detail the messaging for each campaign and the corresponding methods for communication — such as email newsletters, social content, targeted ads, and public relations.  This section provides KPIs and actionable steps such as resource allocation, deliverables, and distribution plans. It might also include the expected outcome for each campaign. To plan individual campaigns, consider using a  marketing project plan template .  

Budget:  Marketing expenses might include the cost of advertising, content creation, website maintenance, or promotional materials; no marketing plan is complete without a budget that breaks down the costs of such initiatives. A clear, comprehensive budget ensures that marketing efforts are financially feasible and resources can be allocated for maximum impact. The budget also enables the marketing team to track the return on investment (ROI) of each campaign. To create a comprehensive budget, try our  free marketing budget templates .    

Timeline:  Finally, a marketing plan includes a clear schedule for implementing its initiatives and tactics. This timeline details the start and end dates of each campaign, deadlines for deliverables, and key events or milestones. It keeps the marketing team aligned and initiatives on track, ensuring that marketing objectives can be achieved within the set time frame. Organize dates and deadlines with the help of a  marketing timeline template .  

Marketing Plan Examples

Real-world marketing plans show how businesses utilize effective planning documents. These 10 examples from various industries exhibit unique strengths and weaknesses. With insightful commentary from marketing experts, these plans offer practical takeaways any marketer can use.  

Delmarva and the Ground for Change This  in-depth marketing plan for a documentary produced by the USDA Northeast Climate Hub includes audience profiles, competitive analysis, and a distribution plan. Along with a detailed breakdown of its digital marketing strategy, it considers how different tactics will affect the viewer’s content journey.   

John Dinsmore , a marketing consultant and professor at Wright State University, praises this plan for its attractive design and thoughtful, thorough content: “They do a nice job of extrapolating on who the target market is and tying their tactics to achieving specific goals.”  He appreciates the inclusion of a SWOT analysis, but feels it could be done more effectively. “‘Opportunities’ is not a place for business ideas. It’s a place to identify external, positive trends that can help your initiative. In this context, an opportunity could be ‘Rising concern for and awareness of climate issues.’ Similarly, ‘threats’ is not a place to list things that are difficult. It’s for negative external trends such as ‘Increased skepticism over ability to combat climate change.’” 

Dekker Fraser , former Global Marketing Manager at Sony PlayStation, adds that this plan includes a strong focus on collaborations with media and influencers: “Many marketing plans place too much emphasis on target customers and not enough on target collaborators.”  

Minnesota Tourism This  marketing plan by Explore Minnesota , the state’s Department of Tourism, showcases Minnesota’s beauty with vivid imagery. It uses a variety of demographic information to identify priority audience segments and includes well-designed infographics that analyze audience and competition. As a result, the campaigns are clearly targeted at specific audiences and objectives. 

John Rarrick , Head of Marketing at Movius Corp., admires the strength of the message behind the strategy. “This plan has a very well-developed ‘why,’” he says. “You’ll see that often when the plan is to repair or save something that has undergone a time of great loss — such as a loss of revenue or reputation. The audience personas, goals, tactics, and budget are all detailed and measurable.” 

Gold Coast Transit District  

A  short, high-level marketing plan for Gold Coast Transit highlights key campaigns and includes the most important details, such as timelines, budgets, and tactics. It begins with a bulleted overview of the most important takeaways and takes into account general marketing efforts that don’t fit under a specific campaign umbrella. Fraser notes that this plan includes year-round marketing initiatives, with an effective “emphasis on strong offers, such as youth-free fares.” However, he points out that its brand awareness goals could be more specific. “Instead, use context-specific awareness goals such as ‘When commuting to work, residents first think of Gold Coast Transit’ or ‘When coming home from the library at night, I think of taking the bus,’” he says. “In other words, peg awareness to specific category-entry points.”  

University of Arizona College of Engineering This  marketing, branding, and communications plan for the University of Arizona College of Engineering sets out a long-term vision, high-level goals, and strategies for achieving these goals. It has a section for methodology — including promotional videos and email newsletters — and segments its audience to align with its strategies. This plan “demonstrates a clearly defined audience,” according to Rarrick. That said, not every section of the plan includes the same level of specificity. “The KPIs are vague,” he adds. “I would expect to see something more measurable, rather than ‘increase’ or ‘improve.’” 

Timberland Regional Library This  library's two-year marketing plan sets initiatives in motion with a clear schedule for action. It includes both promotional and production calendars for effective planning, which is especially important for campaigns pegged to external events.  Dinsmore cites this plan’s “professional and elegant graphic design” as a strength. It also offers a roadmap for tackling several marketing campaigns on different timelines. However, he suggests that the plan needs more measurable goals and defined strategies. “There’s no overarching strategy that ties all of these tactics and initiatives together,” he says. “It’s just a laundry list of dates and actions.” 

Safe Haven Family Shelter Nonprofit organizations need creative marketing strategies to reach their targets and use funds efficiently. With specific objectives and actionable steps, this  marketing plan for Safe Haven Family Shelter delineates high-level goals and details the path to achieving them. It identifies the roles and responsibilities of individual team members to ensure alignment. Rarrick commends this plan for its “clearly defined audience and very clearly defined goals.” The plan showcases the differences between strategic business goals and measurable marketing objectives.  

Visit Myrtle Beach This  destination marketing plan by the Myrtle Beach, South Carolina Chamber of Commerce  incorporates detailed information about target markets, audience personas, and key behaviors. It includes an infographic that illuminates the touchpoints in a traveler’s journey and shows the marketing team how each tactic contributes to conversions.  Overall, Dinsmore praises this plan as a “very smart and thoughtful presentation.” It outlines a distinct media mix for each target audience, defines its objectives clearly, and ties these objectives to success metrics. He continues, “I want to thank the Myrtle Beach folks for planning to measure their efforts. Measurement is often anathema to marketing people, but if you’re not measuring, you don’t know how to improve.”  With so much information to cover, the plan would benefit from an executive summary to introduce key takeaways. “The bigger the scope, the harder it is to make everything feel connected, and that’s a bit of an issue with this plan,” Dinsmore adds.  

Tropical Avocados This  example of a no-frills plan was commissioned by the nonprofit Improving Economies for Stronger Communities (IESC) to help brand and launch tropical avocados in the U.S. market. It shows the importance of making branding decisions backed by market and consumer research. A detailed SWOT analysis and competitive analysis provide essential insights that enable the company to determine the best unique selling proposition.  A key strength of this plan is its detailed research into its audience. Fraser cites its “excellent identification of consumer objections — e.g., concern over how natural the avocado size is — and consumer behavior.” As a result, the brand can adopt effective messaging in its marketing campaigns. As with USDA Northeast Climate Hub’s Delmarva and the Ground for Change documentary, “target collaborators — e.g., food writers, organizations, and chefs — are included in the target audience. Collaborators are often more critical to the marketing plan than the consumers themselves,” Fraser adds.  

Rochelle Community Hospital This  case study of Rochelle Community Hospital in Rochelle, Illinois, shows how a targeted marketing plan can be used to achieve significant results. The report by Legato Healthcare Marketing showcases the importance of reevaluating an existing marketing strategy — in this case, shifting the emphasis from print to digital. External marketing agencies often have more tools at their disposal, particularly if the business has not had a strong digital presence. With targeted ads and website updates, the agency employed tactics with direct metrics in order to track its impact.   

Visit Concord This  example from the Concord Tourism Improvement District marketing plan is concise and includes streamlined insights on the audience and market. It details each marketing channel with specific tactics and measurable KPIs.  The overall strategy, according to Fraser, offers “an excellent emphasis on social proof and word-of-mouth marketing,” as well as a “good balance of awareness and activation marketing.” In order to improve, he suggests, “the plan should factor in the following critical quantitative factors to help drive the media strategy: reach, frequency, and the total-addressable market.” 

Marketing Plan Templates

Using a template takes the guesswork out of organizing a marketing plan document. These customizable templates include essential elements and options for specific industries or marketing channels, and they range from one-page plans to comprehensive, presentation-ready reports.

Microsoft Word Simple Marketing Plan Template

Download the Simple Marketing Plan Example Template for Microsoft Word Download the Blank Simple Marketing Plan Template for Microsoft Word

This example of a simple, customizable plan focuses on key strategies and prioritizes readability. This one-page marketing plan template includes space to summarize marketing strategy and overarching business objectives, along with an action plan to highlight responsibilities and deadlines.

Microsoft Word Annual Marketing Plan Template

Download the Annual Marketing Plan Example Template for Microsoft Word Download the Blank Annual Marketing Plan Template for Microsoft Word  

This comprehensive marketing plan template includes a number of key sections — such as goals, target market, marketing channels, and performance standards — that can be customized to suit a variety of businesses. In the situational analysis, you can find space for both a 5C (company, collaborators, customers, competitors, climate) analysis and a SWOT analysis. The blank template begins with a table of contents, a business summary, and a mission statement to allow for easy readability. The sample focuses on marketing strategies for one fiscal year, but you can modify this plan for any time period. 

Microsoft Word Small Business Marketing Plan Template

Download the Small Business Marketing Plan Example Template for Microsoft Word Download the Blank Small Business Marketing Plan Template for Microsoft Word

A strong marketing plan is essential for small businesses looking to stand out from larger competitors. This small business marketing plan template provides an outline for a detailed marketing strategy, including a unique selling proposition, the 4Ps marketing mix, and marketing channels. It builds its strategy on situational analysis and identification of the business’s core capabilities. Find  more marketing plan templates  for different industries.

Microsoft Word Nonprofit Marketing Plan Template

Download the Nonprofit Marketing Plan Example Template for Microsoft Word Download the Blank Nonprofit Marketing Plan Template for Microsoft Word

This example marketing plan for a nonprofit incorporates information on the funding climate into its situational analysis, as well as a detailed organizational summary. With sections for short- and long-term goals, marketing strategies and channels, and stakeholder profiles, the template is comprehensive and customizable. Find  more nonprofit marketing plan templates here .

Excel Product Marketing Plan Template

Download the Product Marketing Plan Example Template for Excel Download the Blank Product Marketing Plan Template for Excel

When integrating a new product into existing marketing strategies, it’s important to take into account all the elements of the marketing mix. This product marketing plan template is organized by product, price, place, promotion, process, people, and physical evidence. In these sections, you can find space to consider market research, consumer behaviors, and marketing channels.

Excel Social Media Marketing Plan Template

Download the Social Media Marketing Plan Example Template for Excel Download the Blank Social Media Marketing Plan Template for Excel

For planning specific campaigns, this social media marketing action plan template begins with the campaign goal, highlights important promo dates, and separates actions by platform. It’s useful for executing targeted social media campaigns within a larger marketing strategy. Find  more marketing action plan templates here .

Excel Digital Marketing Plan Template

Download the Digital Marketing Plan Example Template for Excel Download the Blank Digital Marketing Plan Template for Excel

Focusing on digital marketing channels is an effective way to organize strategies into a streamlined and actionable plan. This strategic digital marketing template highlights important audience behaviors and access channels to ensure messaging reaches consumers. Customizable for a variety of digital marketing projects, the template includes space for keywords, goals, and tasks. Find  more digital marketing plan templates here .

Which Marketing Plan Format Is Right for You?

To choose the right marketing plan format for your needs, consider the plan’s role in your marketing strategy. Do you need a comprehensive plan to provide an overview of tactics that will take place over a long period of time? Or are you looking for a plan to focus on specific channels, campaigns, or product launches? 

Each template in this article offers space to detail market research, strategies, and access channels. The longer plans include more sections for in-depth situational analysis and audience demographics, while the shorter plans focus on the marketing mix and action plan. This chart highlights the key elements of each marketing plan:  

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5 Steps to Create an Outstanding Marketing Plan [Free Templates]

Published: January 04, 2024

Do you take a good, hard look at your team's marketing strategy every year?

You should. Without an annual marketing plan, things can get messy — and it's nearly impossible to put a number on your budget for the projects, hiring, and outsourcing over the course of a year if you don't have a plan.

To make your plan's creation easier, we've put together a list of what to include in your plan and a few different planning templates where you can easily fill in the blanks.

To start, let's dive into how to create a marketing plan and then take a look at what a high-level marketing plan has inside.

In this article, we're going to discuss:

• What a High-Level Marketing Plan Includes

How to Create a Marketing Plan

• Marketing Plan Templates You Can Use
• Simplified Marketing Plan Template
• Plus — Social Media Plan Templates

Free Marketing Plan Template

Outline your company's marketing strategy in one simple, coherent plan.

• Pre-Sectioned Template
• Completely Customizable
• Example Prompts
• Professionally Designed

You're all set!

Click this link to access this resource at any time.

Fill out this form to access a free marketing plan template.

Marketing plan outline.

Download This Marketing Plan Outline for Free

The above marketing plan outline will help you create an effective plan that easily generates buy-in from stakeholders and effectively guides your marketing efforts.

Marketing plans can get quite granular to reflect the industry you're in, whether you're selling to consumers (B2C) or other businesses (B2B), and how big your digital presence is. Nonetheless, here are the elements every effective marketing plan includes:

1. Business Summary

In a marketing plan, your business summary is exactly what it sounds like: a summary of the organization. It's essential to include this information so that all stakeholders, including your direct reports, learn about your company in detail before delving into the more strategic components of your plan.

Even if you’re presenting this plan to people who’ve been in the company for a while, it doesn’t hurt to get everyone on the same page.

Most business summaries include:

The company name

Where it's headquartered

Its mission statement

Our marketing plan outline also includes information on marketing leadership, which is especially helpful for companies with large marketing teams.

2. SWOT Analysis

Your marketing plan's business summary also includes a SWOT analysis , which covers your business's strengths, weaknesses, opportunities, and threats. It’s essential to include this information so you can create targeted strategies that help you capitalize on your strengths and improve upon your weaknesses.

In my experience, you need a lot of patience when doing a SWOT analysis; it requires market research and competitive analysis to become truly accurate. I tend to revisit this section periodically, adjusting it as I discover more information about my own business and competition.

3. Business Initiatives

The business initiatives element of a marketing plan helps you segment the various goals of your department. Be careful not to include big-picture company initiatives, which you'd normally find in a business plan. This section should outline the projects that are specific to marketing. You'll also describe the goals of those projects and how those goals will be measured.

Every initiative should follow the SMART method for goal-making . They should be specific, measurable, attainable, relevant, and time-bound. For example, a broad goal might be something like, "Increase my Facebook following." But a SMART-ified version of this goal could be, "Increase my Facebook following by 30% by June." See the difference?

4. Customer Analysis

In this part of the marketing plan outline, you get plenty of space to share all the data you collected during your market research . If your company has already done a thorough market research study, this section of your marketing plan might be easier to put together. Either way, try to do your research before synthesizing it in a shareable document like this one.

Ultimately, this element of your marketing plan will help you describe the industry you're selling to and your buyer persona . A buyer persona is a semi-fictional description of your ideal customer, focusing on traits like:

Personal challenges

Triggering event

5. Competitor Analysis

Positioning

Market share

Our marketing plan template includes space to list out the specific products you compete with, as well as other facets of the other company’s strategy, such as their blogging efforts or customer service reputation. Keep this part of your plan simple — your full competitive analysis should be done separately. Here are a few competitive analysis templates to get started.

6. Market Strategy

Your market strategy uses the information included in the above sections to describe how your company should approach the market. 

For instance, when I'm filling out this section, I always pull insights from my SWOT analysis, my competitive analysis, and my general market research. This helps me write targeted, effective descriptions of my strategies.

Here's an example: if you found that one of your competitors employs stronger social media marketing strategies , you might add "We'll post 3 times per week on our social media profiles" under "Promotion."

In our full-length marketing plan outline, the market strategy section contains the "seven Ps of marketing" (or the “ extended marketing mix ”):

Physical Evidence

(You'll learn more about these seven sub-components inside our free marketing plan template, which you can download below.)

When I created my first marketing plan, I made the mistake of confusing the marketing budget section of my plan with my product's price and other financials.

Here's a better way to think of this section: it should describe how much money the business has allotted the marketing team to pursue the initiatives and goals outlined in the elements above.

Depending on how many individual expenses you have, you should consider itemizing this budget by what specifically you'll spend your budget on. Example marketing expenses include:

Outsourcing costs to a marketing agency and/or other providers

Marketing software

Paid promotions

Events (those you'll host and/or attend)

Knowing the budget and doing analysis on the marketing channels you want to invest in, you should be able to come up with a plan for how much budget to invest in which tactics based on expected ROI. From there, you'll be able to come up with financial projections for the year. These won't be 100% accurate but can help with executive planning.

Remember: Your marketing plan only includes a summary of the costs. We recommend keeping a separate document or Excel sheet to help you calculate your budget much more effectively. Here’s a marketing budget template to get started .

8. Marketing Channels

Your marketing plan should also include a list of your marketing channels. While your company might promote the product itself using certain ad space, your marketing channels are where you'll publish the content that educates your buyers, generates leads, and spreads awareness of your brand.

If you publish (or intend to publish) on social media, this is the place to talk about it. Use the Marketing Channels section of your marketing plan to map out which social networks you want to launch a business page on, what you'll use this social network for, and how you'll measure your success on this network.

Part of this section's purpose is to prove to your superiors, both inside and outside the marketing department, that these channels will serve to grow the business.

Businesses with extensive social media presences might even consider elaborating on their social strategy in a separate social media plan template.

9. Marketing Technology

Last, but certainly not least, your marketing plan should include an overview of the tools you'll include in your marketing technology (MarTech) stack . These are the tools that will help you achieve the goals you outlined in the previous sections. Since all types of marketing software usually need a generous investment from your company’s leadership, it’s essential to connect them to a potential ROI for your business.

For each tool, describe what exactly you’ll use it for, and be sure that it’s a strategy that you’ve mentioned elsewhere. For instance, we wouldn't recommend listing an advertising management tool if you didn’t list “ PPC Advertising ” under “Marketing Channels.”

• Conduct a situation analysis.
• Define your target audience.
• Write SMART goals.
• Analyze your tactics.
• Set your budget.

1. Conduct a situation analysis.

The first step I take when creating a marketing plan is conducting a SWOT analysis. It helps me uncover the strengths, weaknesses, opportunities, and threats facing my business.

Additionally, I need a good picture of the current market. How do I compare to my competitors? Doing a competitor analysis can help.

In doing so, I can identify the gaps (and opportunities) in a competitor's approach. What are they missing? What can I offer that'll give me a competitive advantage?

Answering questions like this should help you figure out what your customer wants, which brings us to step number two.

2. Define your target audience.

If your company already has buyer personas , this step might just mean you have to refine your current personas.

But if you don't have a buyer persona, you should create one. To do this, you might have to conduct market research.

Your buyer persona should include demographic information such as age, gender, and income. However, it will also include psychographic information such as pain points and goals. What drives your audience? What problems do they have that your product or service can fix?

Once you have this information written out, it'll help you define your goals, which brings us to step number three.

3. Write SMART goals.

My mother always used to tell me, "You can't go somewhere unless you have a road map." Now, for me, someone who's geographically challenged, that was literal advice.

However, it can also be applied metaphorically to marketing. You can't improve your ROI unless you know what your goals are.

After you've figured out your current situation and know your audience, you can begin to define your SMART goals .

SMART goals are specific, measurable, attainable, relevant, and time-bound. This means that all your goals should be specific and include a time frame for which you want to complete them.

For example, your goal could be to increase your Instagram followers by 15% in three months. Depending on your overall marketing goals, this should be relevant and attainable. Additionally, this goal is specific, measurable, and time-bound.

Before you start any tactic, you should write out your goals. Then, you can begin to analyze which tactics will help you achieve that goal. That brings us to step number four.

4. Analyze your tactics.

At this point, you've written down your goals based on your target audience and current situation.

Now, you have to figure out what tactics will help you achieve your goals. Plus, what are the right channels and action items to focus on?

For example, if your goal is to increase your Instagram followers by 15% in three months, your tactics might include hosting a giveaway, responding to every comment, and posting three times on Instagram per week.

Once you know your goals, brainstorming several tactics to achieve them should be easy. That said, you may not be able to pursue every tactic on your list (unless you have an unlimited budget, which, if so, jealous ) — which brings us to step number five.

5. Set your budget.

Before you can begin implementing any of the ideas that you've come up with in the steps above, you have to know your budget.

For example, your tactics might include social media advertising. However, if you don't have the budget for that, then you might not be able to achieve your goals.

While you're writing out your tactics, be sure to note an estimated budget. You can include the time it'll take to complete each tactic in addition to the assets you might need to purchase, such as ad space.

Now that you know how to create your marketing plan, let's dive into creating a marketing campaign outline that will help you reach the goals outlined plan.

Marketing Plan Timeline

Rolling out a new marketing plan is a big lift. To make sure things are running smoothly with all of your projects, you'll want to create a timeline that maps out when each project is happening.

A marketing plan timeline allows your team to view all projects, campaigns, events, and other related tasks in one place — along with their deadlines. This ensures everyone on your team knows what’s due, when it’s due, and what’s up next in the pipeline. Typically these plans cover marketing efforts for the entire year, but some companies may operate on a bi-annual or quarterly basis.

Once you’ve completed your analysis, research, and set goals, it’s time to set deadlines for your assignments. From new blog posts and content initiatives to product launches, everything will need a deadline. Take into account any holidays or events taking place over the course of the year.

While setting deadlines for the entire year may seem daunting, start by estimating how long you think each task will take and set a deadline accordingly. Track the time it actually takes for you to complete similar types of projects. Once you’ve completed a few of them, you’ll have a better idea of how long each takes and will be able to set more accurate deadlines.

For each project, you’ll want to build in time for:

• Brainstorming : This is the first phase where your idea comes to life in a project outline. Decide what you want to achieve and which stakeholders need to be involved to meet your goal. Set a due date and set up any necessary meetings.
• Planning : This can include determining the project’s scope, figuring out how much budget will be allocated for it, finalizing deadlines and who is working on each task. Map out any campaigns needed for each project (social media, PR, sales promotions, landing pages, events, etc.).
• Execution : This third phase is all about your project launch. Decide on a date to launch and monitor the progress of the project. Set up a system for tracking metrics and KPIs.
• Analysis : In this final phase you will analyze all of your performance data to see whether or not your marketing efforts paid off. Did you meet your goals? Did you complete your projects on time and within budget?

All projects and their deadlines should be in a central location where your team can access them whether that’s a calendar like HubSpot's tool , shared document, or project management tool.

One-Page Marketing Plan Template

As demonstrated above, a marketing plan can be a long document. When you want to share information with stakeholders or simply want an overview of your plan for quick reference, having a shorter version on hand can be helpful. A one-page marketing plan can be the solution, and we’ll discuss its elements below.

Include your company name, list the names of individuals responsible for enacting the different stages of your plan, and a brief mission statement.

2. Business Initiatives

3. Target Market

Outline your target audience(s) that your efforts will reach. You can include a brief overview of your industry and buyer personas.

This is an overview of the money you’ll spend to help you meet your marketing goals. Create a good estimate of how much you'll spend on each facet of your marketing program.

5. Marketing Channels

List the channels you’ll use to achieve your marketing goals. Describe why you're using each channel and what you want to accomplish so everyone is on the same page.

Free Marketing Plan Template [Word]

Now that you know what to include in your marketing plan, it's time to grab your marketing plan template and see how best to organize the six elements explained above. The following marketing plan template opens directly in Microsoft Word, so you can edit each section as you see fit:

Download your marketing plan template here .

Marketing campaign template.

Your marketing plan is a high-level view of the different marketing strategies you’ll use to meet your business objectives. A marketing campaign template is a focused plan that will help achieve those marketing goals.

A marketing campaign template should include the following key components:

• Goals and KPIs: Identify the end goal for each of the individual campaigns you’ll run and the metrics you will use to measure the results of your campaign when it ends. For example, conversion rates, sales, sign-ups, etc.
• Channels: Identify the different channels you’ll use to enact your marketing campaign to reach your audience. Maybe you run a social media campaign on Twitter to raise brand awareness or a direct mail campaign to notify your audience of upcoming sales.
• Budget : Identify the budget you’ll need to run your campaign and how it will be distributed, like the amount you’ll spend on creating content or ad placements in different areas. Having these numbers also helps you later on when you quantify the success of your campaign, like ROI.
• Content: Identify the type of content you’ll create and distribute during your campaigns—for example, blog posts , video ads, email newsletters, etc.
• Teams and DRIs: Identify the teams and people that will be part of enacting your marketing plan from start to finish, like those responsible for creating your marketing assets, budgets, or analyzing metrics once campaigns are complete.
• Design: Identify what your marketing campaigns will look like and how you’ll use design elements to attract your audience. It’s important to note that your design should directly relate to the purpose of your campaign.

Digital Marketing Plan Template

A digital marketing plan is similar to a marketing campaign plan, but, as the name suggests, it’s tailored to the campaigns that you run online. Let’s go over the key components of a digital marketing plan template to help you stay on track to meet your goals.

• Objectives: The goals for your digital marketing and what you’re hoping to accomplish, like driving more traffic to your website . Maybe you want to drive more traffic to your website, or
• Budget : Identify how much it will cost to run your digital marketing campaign and how the money will be distributed. For example, ad placement on different social media sites costs money, and so does creating your assets.
• Target audience: Which segments of your audience are you hoping to reach with this campaign? It’s essential to identify the audiences you want to reach with your digital marketing, as different channels house different audience segments.
• Channels: Identifies the channels that are central to your digital marketing campaign.
• Timeline: Explains the length of time your digital campaigns will run, from how long it should take to create your assets to the final day of the campaign.

Many people use social media in their digital campaigns, and below we’ll discuss some ideas you can use for inspiration.

Social Media Marketing Plan Templates

As your marketing department grows, so will your presence on social media. And as your social media presence grows, so will your need to measure, plan, and re-plan what types of content you want to publish across each network.

If you're looking for a way to deepen your social media marketing strategy — even further than the marketing plan template above — the following collection of social media marketing plan templates is perfect for you:

Download 10 social media reporting templates here .

In the above collection of marketing plan templates, you'll get to fill in the following contents (and more) to suit your company:

• Annual social media budget tracking
• Weekly social media themes
• Required social media image dimension key
• Pie chart on social media traffic sorted by platform
• Social media post calendar and publish time

Below, let's review the social media reporting templates, and what you'll find in each one.

1. Social Media Questions

This template lists out questions to help you decide which social media management platform you should use.

What We Like

Once you know what social media tactics you're going to implement in your marketing plan, it's time to figure out what channels are right for you. This template will help you do that.

2. Facebook Live Schedule

If Facebook Live is one of the marketing tactics in your plan, this template will help you design an editorial calendar. With this template, you can organize what Facebook live's you want to do and when.

Once you've decided on dates, you can color-code your FB calendar and coordinate with your editorial calendar so everyone can see what lives are running in relation to other campaigns.

3. Instagram Post Log

Are you going to begin using Instagram regularly? Do you want to increase your following? With this template, you can organize your Instagram posts, so everyone on your team knows what posts are going live and when.

This is more than just a content calendar. You can use this doc to collaborate with your team on messaging, landing pages linked in your bio, and campaign rollouts.

4. Paid Social Media Template

With this template, you can organize your annual and monthly budget for your paid social media calendar.

With this spreadsheet, all you need to do is plug in your numbers and the formulas will do the works for you. I recommend using this in conjunction with your marketing plan budget to make sure you are not overspending and funds are allocated appropriately.

5. Social Media Audit

Conducting a social media audit? You can use this template to help you gather the right analytics. Tracking the results of your marketing efforts is key to determining ROI.

Use this template to track each of your campaigns to determine what worked and what didn't. From there, you can allocate funds for the strategies that deliver the results you want.

6. Social Media Editorial Calendar

With this template, you can organize your social media editorial calendar. For example, you can include social media posts for each platform, so your team knows what's going live on any given day.

This calendar makes it easy to track activity across every social media platform, since each platform is assigned a specific color. 

7. Social Media Image Sizes

With this template, your team can have the latest social media image sizes handy. This template includes image sizes for all major social media platforms, including Facebook, Instagram, and Twitter.

Having a resource like this readily available for your team ensures that everyone is on the same page regarding image sizes and prevents delays.

8. Social Media Marketing Proposal

With this template, you can create an entire social media marketing proposal. This will outline the social media goals, the scope of the work, and the tactics that you plan to implement.

This proposal functions as more of a deep dive into the marketing channel section of your marketing plan. It's relatively straightforward and contains all the essential sections of a proposal.

9. Social Media Reporting Template

With this template, you'll gain access to a slide deck that includes templates for social media reporting.

If you plan to implement social media in your marketing plan, these reporting templates can help you track your progress. If using the social media audit above, you can add all of your data here once it's been collected.

10. Hashtag Holidays

If you're going to lean into social media in your marketing plan, you can use hashtag holidays to generate ideas.

These holidays are a great way to fill out your social media publishing schedule. With this template, you'll get a list of all the hashtag holidays for the year. Once you've come up with content ideas, you can add them to your social media calendar.

Simple Marketing Plan Template

Of course, this type of planning takes a lot of time and effort. So if you're strapped for time before the holidays, give our new Marketing Plan Generator a try.

This tool simplifies yearly planning by asking prompted questions to help guide your process. You’ll be asked to input information about:

Try our free Marketing Plan Generator here .

• Your annual marketing mission statement, which is what your marketing is focused on for the year.
• The strategy that you’ll take with your marketing throughout the year to accomplish your marketing goals.
• Three main marketing initiatives that you’ll focus on during the year (i.e., brand awareness or building a high-quality pipeline) metrics you’ll use to measure your success.
• Your target goals for those marketing initiatives like generating 100 leads per week.
• Marketing initiatives that are not aligned with your current strategy to stay focused on your goals and activities that will help you be successful.

Once you input all information, the tool will spit out a table (as shown in the image below) that you can use to guide your processes.

Pro Tip: If the tool doesn't work, clear your browser's cache or access it in incognito mode.

Start the Marketing Planning Process Today

The best way to set up your marketing plan for the year is to start with quick wins first, that way you can ramp up fast and set yourself (and your team) up to hit more challenging goals and take on more sophisticated projects by Q4. So, what do you say? Are you ready to give it a spin?

Editor's note: This post was originally published in December 2016 and has been updated for comprehensiveness.

Don't forget to share this post!

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What is a Marketing Plan & How To Write One? [Easy Guide]

What is a Marketing Plan?

A marketing plan is a strategic guide that helps businesses map out their advertising and promotional strategies to attract prospective customers and connect with their intended audience. It offers clear and detailed direction on how to achieve business objectives through targeted marketing efforts. 

Marketing Plan vs. Business Plan

Understanding the distinction between a marketing plan and a business plan is crucial for any organization aiming to navigate the complexities of strategic planning and resource allocation.

• Marketing Plan: This is a focused document dedicated to the marketing segment of an organization’s strategy. It meticulously outlines the marketing objectives, strategies, and tactics that will be employed to achieve the desired market presence and customer engagement. 
• Business Plan: A business plan has a broader scope, encompassing every facet of the company’s operations. While it includes marketing, it also delves into finance, operations, human resources, and more, providing a comprehensive overview of the entire business. 

Marketing Strategy vs. Marketing Plan

Differentiating between a marketing strategy and a marketing plan is essential for implementing effective marketing operations within a business. These two elements, while closely related, serve distinct functions in the marketing process.

• Marketing Strategy: This aspect defines the overarching approach and long-term vision for a company’s engagement in the market. Each element of the marketing strategy is designed to align with the company’s top-level goals and contribute to realizing its vision statement. In essence, the marketing strategy answers the “what” and “why” behind a company’s marketing efforts, outlining what the company aims to achieve and why those goals are important.
• Marketing Plan: In contrast, the marketing plan focuses on the “how” of reaching strategic objectives. It is a practical document that outlines specific actions, timelines, and resources required to execute the marketing strategy. It details the campaigns, channels, tools, and tactics that will be used to achieve the strategic goals outlined in the marketing strategy. 

3 Hours | 25 Modules | Beginner

Modern Marketing: Strategy and Execution

Learn from Inc. Magazine’s prize-winning editorial content about the basic concepts of digital marketing, including targeting, value proposition, and more.

Types of Marketing Plans

Marketing plans vary depending on their focus, scope, and objectives. Understanding the different types of plans is crucial for businesses aiming to target their marketing efforts and resources effectively. Here are some of the key types:

• Go-to-market/Product Launch: This plan is specifically designed to introduce a new product. It outlines the target audience, market entry strategy, and advertising tactics to be employed.
• Social Media : A social media plan is tailored to the unique dynamics of social media platforms. It details the advertising strategies to be used on these platforms, focusing on engaging with users and leveraging specific features to maximize reach and impact.
• General Marketing Strategic Plan / Annual Marketing Plan: This comprehensive plan covers a company’s overall marketing activities for the entire year. It encompasses various marketing efforts and campaigns, outlining a cohesive strategy that supports the company’s annual goals.
• Content Marketing Plan : Focused on content creation and distribution, this plan outlines the strategies, campaigns, and tactics for using content to achieve business objectives. It details how different types of content (blog posts, videos, infographics) will be used to attract and engage the target audience.
• SEO Marketing Plan: Dedicated to search engine optimization, this plan outlines the strategies and actions to improve a website’s visibility in search engine results pages (SERPs). It focuses on keyword research, content optimization, link building, and other tactics to drive organic traffic to the website.

Benefits of a Marketing Plan

Having a structured plan is invaluable. It acts as a strategic roadmap, guiding businesses toward achieving their goals through well-organized and monitored marketing activities. 

Here are five important benefits of creating a marketing plan:

• Goal Setting: It allows your business to define clear marketing objectives and set measurable targets. This facilitates focused efforts toward lead generation, sales increase, market share expansion, brand awareness, and customer acquisition.
• Strategic Direction: The plan provides a detailed outline of your promotional strategy, helping identify the target audience, their preferences, and the best methods to reach and engage them effectively.
• Competitive Advantage: A plan helps you articulate and leverage your unique selling proposition (USP), ensuring you stand out in the market and secure a competitive edge.
• Consistency and Integration: The plan fosters consistency and integration in marketing efforts, ensuring a unified brand message and customer experience across all marketing channels and touchpoints,
• Long-term Sustainability: A comprehensive plan not only focuses on immediate goals but also lays the groundwork for sustained growth and adaptability to market evolution, customer demands, and emerging trends.

How To Write a Marketing Plan

• Create a mission statement

The foundation of any effective marketing plan begins with a clear and concise mission statement. This crucial step sets the stage for all subsequent planning by articulating the core purpose and direction of your company’s marketing efforts. A mission statement serves as a compass, guiding your marketing strategies and ensuring they align with your organization’s broader goals.

Developing a mission statement is more than just a formality; it’s a strategic exercise that clarifies your marketing vision and sets a purposeful path for your team. With a compelling mission statement in place, you can craft a plan that resonates with your audience and drives your business toward its long-term objectives.

• Set your goals/KPIs

Establishing clear goals and key performance indicators (KPIs) is a pivotal step in crafting a marketing plan that aligns with your company’s value proposition and ensures measurable success. This stage involves setting financial and non-financial objectives to guide your marketing efforts and evaluate their effectiveness.

Marketers who set specific goals are significantly more likely to report success. By defining financial and non-financial objectives, you create a comprehensive framework for guiding your marketing strategies. This dual focus not only drives economic value but also fosters qualitative improvements in your marketing efforts, ensuring a balanced approach to achieving your company’s vision.

• Identify Your Target Market

Pinpointing your target market is a crucial step in any marketing plan. Understanding who your product or service is for and why forms the backbone of your marketing efforts and influences decisions on marketing channels, content creation, and overall outreach strategies.

A key outcome of market research is the development of buyer personas. These semi-fictional representations of your ideal customers are crafted based on real data and insights about your existing clientele. Buyer personas detail your target market’s characteristics, needs, and motivations, offering a detailed profile that guides your marketing strategies.

• Conduct Competitive Analysis

Conducting a competitive analysis is integral to crafting a robust marketing plan. This process involves identifying your main competitors, understanding their strategies, and evaluating how your business can establish a distinctive and superior position in your niche. Through this analysis, you’ll gain insights into the competitive landscape, helping you to leverage your own strengths and identify areas for improvement.

Understanding both the internal and external factors that influence your market positioning is crucial. They include:

• Internal factors: Examine what could impact your competitive advantage, such as your team’s expertise, proprietary technology, or customer service practices.
• External factors: Look beyond your immediate competitive environment to broader market conditions that could affect your position. This includes economic trends, regulatory changes, and technological advancements.
• Economic considerations: Assess how the current economic climate might influence consumer purchasing behavior and, consequently, your market strategy.
• Sociological trends: Understand shifting societal values, lifestyles, and consumer behaviors and how they offer new market opportunities.
• Industry trends: Keep an eye on overarching trends within your industry, including emerging technologies, shifts in consumer preferences, and new regulatory frameworks.
• Set Your Budget

Your marketing budget is the planned amount of money you’ll spend to achieve your marketing goal. Knowing the financial resources you have available for marketing activities allows you to craft a plan that maximizes impact while maintaining fiscal responsibility. This financial foresight prevents overspending and ensures that every dollar spent contributes to achieving your marketing objectives.

This overview should include all sources of funding and any constraints or stipulations attached to them. Having a comprehensive understanding of your financial resources sets the groundwork for all subsequent planning and decision-making.

• Execute your Plan

Execution involves the detailed scheduling of marketing activities, assigning responsibilities to team members, and setting deadlines that align with the marketing plan’s timelines. It’s about bringing the plan to life through a series of coordinated efforts, from launching advertising campaigns to engaging with customers on social media platforms. This phase is where the theoretical aspects of the plan, such as target audience engagement and brand messaging, are put into practice through concrete actions like content creation, digital marketing, and promotional events.

In conclusion, a well-crafted marketing plan is the linchpin of successful marketing efforts, offering a strategic blueprint that guides businesses through the intricate landscape of market engagement and customer interaction. From the initial stages of understanding the marketing plan’s scope and its relationship with the overarching business strategy to the detailed planning and execution of marketing activities, each step is vital in steering an organization toward its desired market position.

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MARKETING INSIGHTS

11 best marketing strategies to accelerate your business (+ examples)

• Lena Sernoff
• Aug 2, 2023
• 17 min read

The first and most crucial step in your marketing strategy is marking your online territory. When you create your own website , you're claiming a digital space that's entirely yours. Next, you'll need to outline your company's growth plan using the right marketing strategies to generate more leads, web traffic and acquire new customers. From influencer marketing and PR to SEO, we'll explore precisely which types of marketing to focus on in the year ahead to fuel significant growth for your business.

Start building your online presence with Wix .

What is a marketing strategy?

The role of a marketing strategy is to map out how you plan to promote and sell a product or service. Its ultimate goal is to reach your target audience through marketing and advertising campaigns and then get them to buy or engage with your service. It can also help you map our your target audience, as well as the best ways to reach them with tracking and insights.

Essentially, a marketing strategy is an overarching plan that anyone deciding how to start a business , or working with an existing business use to increase visibility and ultimately their profits. It can involve anything from creating a strong brand identity to developing innovative products and services. Successful marketing strategies should be tailored to your specific goals and objectives.

Creating strategic marketing strategies starts with defining what is product marketing for your niche, understanding where you are now, identifying key areas of improvement and focusing on achieving specific goals.

Marketing strategy vs. marketing plan

While these terms are used interchangeably, marketing strategies are broader summaries of what your business does to overcome your pain points, meet your goals and reach your audience.

A strategy provides a larger picture of how you plan to stay ahead of your competition. It can reveal threats that you may need to consider for long-term sustainability . By contrast, the marketing plan methodically outlines details of how you will implement your strategies and how you will track your marketing ROI .

Additionally, your marketing plan is highly detailed and involves the four Ps of marketing : product, price, place and promotion. It helps to ensure a more integrated marketing approach—that is, a unified message across all of your promotional channels.

Why marketing strategies matter

There are plenty of benefits to defining your marketing strategies early on. Marketing strategies are essential for businesses as it helps them to identify their goals and objectives, understand their target audience, and develop an effective approach to reach out to them. A well-crafted marketing strategy can help you gain a competitive advantage , improve your brand image and increase sales and revenue. Setting clear goals and objectives and aligning the marketing strategies to achieve them best sets you up for success. To understand more about the theory behind why marketing matters, we recommend the ideas and work of Michael Porter . He is credited with developing the concept of competitive advantage, for example. There's a lot to be gained from understanding his research and incorporating it into your marketing management .

Furthermore, marketing budgets might be limited when starting a business , and a clear plan ensures you won't waste any resources. Besides, how will you measure success if you don't first establish what it looks like or how you'll get there in your small business marketing goals?

The main elements of a marketing strategy

These may vary but generally include:

Establishing your target audience through market analysis

Deciding on your Unique Selling Proposition , Go to market strategy

Creating your market positioning , and establishing product differentiation, how customers will perceive you and your product

Establishing your pricing

Setting the budget for your marketing strategy

Implementation of your chosen strategy

Continuous tracking and improvement of your plan

For more information on what makes an effective modern marketing strategy, we recommend looking to Phil Kotler , whose work on marketing management and the importance of connecting with your audience, has been instrumental in improving marketing strategies.

11 best marketing strategies

One of the biggest challenges in marketing strategies is keeping up with changing market trends and consumer preferences. Developing an effective marketing strategy can also requires significant time, resources, and expertise; the list of the types of marketing strategies out there is extensive. By analyzing the top marketing trends and doing in-depth customer and market research, we've narrowed it down to the top 10 strategies for you.

Remember that no matter which methods you decide to include, they will only be effective if your audience likes and trusts your business. As you carry out campaigns, aim to educate, inspire or entertain your audience, so you'll see the most impactful results.

Content marketing

Social media marketing

Search engine optimization (SEO)

Email marketing and newsletters

Influencer marketing

Earned media and PR

Landing pages

Advertising

Affiliate marketing

Retargeting

AI marketing

01. Content marketing

In the past decade, there's been a shift in the marketing mindset. Today we see a rise in blogs, podcasts and webinars that are engaging and inclusive to audiences—so they feel more connected with brands.

Creating valuable and informative content has become a win-win especially when it comes to developing and improving customer engagement . Content marketing creates a strategic opportunity for your business to connect with a customer meaningfully.

Content marketing also helps you generate awareness, become an authority and tell a story. Focusing on this strategy early on is handy for other marketing ideas , as you can share your content on social media or in email newsletters later. The most popular content strategies are:

Content writing

Infographics

Video marketing

Starting a podcast

02. Social media marketing

71% of small-to-mid-sized businesses use social media for marketing . This high percentage comes as no surprise. Social media marketing is one of the most influential ways to use digital marketing to increase visibility and gain traffic to your website. More so, it can be a valuable lead generation method, a sales channel, an audience insights tool and a customer service outlet.

From Instagram Reels to TikTok, your options of getting in front of new audiences are endless. Ensure you strategically choose which channels you focus most on, based on your target audience. If you aim to reach a professional audience, LinkedIn is a must for creating a company page. Social media platforms are a great way to secure first-mover advantage , a concept in marketing and business when companies are the first to market in a specific product category. The speed at which its possible to generate and distribute multimedia content on social media is ideal for this.

Video marketing is a format that is becoming more heavily favored on social media as users consume more content on their mobile devices (this marketing strategy also works well if you're focusing on mobile marketing), so consider this as an important form of content creation in your marketing strategy. This marketing strategy also allows brands to tap into the phenomenon of viral content. While not easy to achieve, it can have a dramatic impact on key marketing metrics and KPIs, such as website traffic, and brand visibility.

Social media advertising is another component that should not be overlooked. For example, advertising on Facebook can drastically increase new customers. Want to try Facebook advertising for your business? Facebook Ads by Wix directly connects to your website to set up and optimize your campaigns. Remarketing on social media channels is a highly effective way to bring people back to your website to complete a purchase.

Popular social networks for promoting a business:

Instagram marketing

YouTube marketing

TikTok marketing

Facebook marketing

LinkedIn marketing

Pinterest marketing

Twitter marketing

Our recommended reading to improve your social media strategy:

Types of Social Media Content for Your Business

How to Increase Social Media Engagement

Ways to Improve Your Social Media Presence

03. Search engine optimization (SEO)

Search engines are filled with micro-moments. These are high intent instances when someone wants to learn, buy or do something. By optimizing your chances of ranking higher on search engines to show up at these instances, you're practicing search engine optimization SEO .

Search engine optimization (SEO) can be used as a core marketing strategy or a marketing tactic. In either case, a solid SEO strategy centers around making a brand’s content desirable, discoverable and accessible for web users via search engines like Google and Bing. Like inbound marketing, the most effective SEO strategies will include a great deal of audience research (typically with keyword research) and will be designed to ensure the brand has competitive visibility within the target audience.

SEO strategists tend to focus on industry specialisms and niches, such as technical SEO . Taking this approach can help brands to concentrate knowledge, utilize the most effective SEO tools , and best satisfy user intent.

Using SEO techniques, you'll direct the right kind of traffic to your site. People who find you through searches already arrive at your business website with intent. Driving traffic to your website isn't the only significant benefit. Bottom line sales also improve with SEO. In fact, 70% of online marketers say that "SEO is better than PPC advertising for generating sales."

To implement an SEO strategy, start by learning how to do keyword research the right way. After selecting which high intent keywords you're after, you can begin optimizing your content and improving your online presence to increase your search ranking and visibility.

04. Email marketing and newsletters

Recent studies show that 89% of marketers use email as the primary channel for generating leads . However, for email marketing campaigns to succeed, they need to deliver the right kind of message to your audience (no spammy "Buy now" emails). Good email marketing builds a relationship and acquires trust with readers.

You can still automate emails (check out marketing automation software ) but remember to always add value. These newsletter examples show how all-sized companies can communicate uniquely and interestingly with subscribers. When you make a newsletter , conduct A/B tests to maximize performance.

When done correctly, your newsletter and email marketing strategy can create a strong ROI, improve customer retention and influence purchasing decisions.

Email marketing tips:

To build your email list , add a pop-up to your website to collect user information.

Share engaging content in your emails, such as blog posts, user-generated content and videos.

Personalize emails by adding information such as first names and customizing content based on how the user engaged with your site.

05. Influencer marketing

According to author and entrepreneur Seth Godin, "People do not buy goods and services. They buy relations, stories, and magic. These wise words sum up the power of influencer marketing . As one of the quickest growing marketing strategies, influencer marketing uses real people to speak for your brand. Another side of it, is tapping into celebrity branding - using high profile influencers or online celebrities as part of your marketing efforts.

Influencers are individuals with high following or authority on a given topic or niche. This is one of the best marketing strategies because you get to expose your products and brand to a high follower reach without spending time building the audience. More than that, the influencer you've chosen to work with can use their authority to sway potential consumers to buy. Influencer marketing is not unlike word of mouth marketing or referral marketing.

According to Sarah Adam, Head of Marketing Partnerships and Influencer Marketing for Wix Studio,

"Marketing is forever changing and to be competitive and stand out, you need to keep up with the industry changes. Tactics that worked last year are no longer recommended today. Influencer marketing is a great example of that. It is literally changing and growing by the day and that is the core nature of the industry."

The key is to find influencers that relate to your product and align with your brand values. Don’t be afraid to start with smaller partnerships with nano and micro-influencers . Interestingly enough, often their engagement rates and conversions are much higher than the ones with massive followers.

After reading these impressive stats below, you’ll further understand the lucrative power of a good influencer marketing strategy in helping your secure greater market penetration as part of a wider mass marketing strategy:

60% of marketers report better performance with influencer content vs. their own brand content.

Over 70% of marketers agree that the quality of customers and traffic from influencer marketing is better than other forms of marketing.

Influencer marketing yields between $5.20 to $6.50 for every one dollar spent.

06. Earned media and PR

After you've launched your business and website, it's time to spread the word. Gaining positive publicity and traction from media outlets will create the buzz around your business to get the attention of the masses. Business marketing strategies within this realm come in varying forms, including TV, newspapers, radio and podcasts.

Ideally, the press and publicity you acquire are organic (unpaid), but even if you’re considering working with a paid PR agency, the ROI can prove worthy. Bill Gates himself said, “If I only had two dollars left, I would spend one dollar on PR. It's an effective way to take your marketing communication to the next level.

07. Landing pages

What is a landing page? In simple terms—a marketer's best friend. This standalone page has one clear goal which is conversions.

No matter how successful your various online marketing strategies are, your landing pages and website must convert at a decent rate to make all the efforts worthwhile. Even just a one-second delay in page-load speed leads to a 7% drop in conversions.

Stay up to date with landing page best practices to increase your website conversion rate . By using Wix’s landing page builder , you’re already optimizing with best practices in mind. The landing page templates have customizable designs with CTA buttons placed strategically, built to be mobile-friendly, and critical information above the fold. Simply upload your images and change the text to fit your business.

08. Advertising

There are numerous types of advertising to consider for your business. From social media advertising to TV and print advertising , the options for advertising campaigns greatly vary. One thing is clear, online advertising is a powerful way to get your audience's attention. Its digital technology helps you better target, track and measure the results of your paid marketing investment.

Learning how to advertise on Google early on will significantly benefit your growth within digital advertising. Since Google is the largest search engine globally, you want to stay ahead of the competition and show up for strategic keywords related to your offerings with Google ads. Advertising on Google and many social media platforms is also known as Pay-Per-Click (PPC) advertising .

To choose the proper advertising methods for your business, consider:

Your audience

Costs and budget

Timing and length of your campaign

Creative assets available

09. Affiliate marketing

To answer the question, “ What is affiliate marketing? ” you can think of it as paid partnerships where others promote your brand for you. By creating an affiliate marketing program, you’re ultimately working with another affiliate that will distribute product promotions on their social media accounts, blog, or other platforms. Their sales get tracked with unique links called affiliate links, which allow the individual to get compensated based on performance.

This type of marketing is increasing in popularity, and more and more companies are rolling out their own affiliate programs. Due to this growth, today, 81% of advertisers include affiliate marketing as part of their overall marketing strategy.

10. Retargeting

Retargeting is a highly effective way to reach people who are already familiar with your brand and have expressed some level of interest in what you have to offer. It allows you to show ads to people who have already visited your website or shown interest in your products or services.

There are a few different ways to retarget people who have visited your website, from display and social media ads to email marketing, which can help you in the following ways:

Increase brand awareness. Make sure your brand is top of mind for people who have already visited your website. This can make them more likely to remember you when they are ready to make a purchase.

Generate leads. Showing ads to people who have visited your website and have done nothing else can encourage people to take the next step. Try offering free discounts or trials to give further incentive.

Drive sales. People who abandoned their shopping carts or visited your website but didn’t buy anything might just need a reminder, and you can make sure they get one.

Whichever platform you choose, just make sure you are tracking the results of your retargeting campaigns so that you can see what’s actually working.

11. AI marketing

Artificial intelligence (AI) is rapidly transforming the world of marketing. AI-powered tools and technologies are being used to automate tasks, personalize experiences and target audiences more effectively. As a result, AI is becoming an essential part of any successful marketing strategy.

AI marketing is still in its early stages, but is rapidly growing in popularity. As AI technology continues to develop, it's likely that AI marketing will become even more important in the future. Here are some specific examples of how AI is being used in marketing today:

Chatbots: Chatbots are AI-powered software programs that can simulate conversation with human users. Chatbots are increasingly being used in marketing to provide customer support, answer questions, and generate leads.

Personalized recommendations: AI can be used to recommend products or services to customers based on their past purchase history, interests and online behavior. This is a powerful way to increase customer engagement and drive sales.

Targeted advertising: AI can be used to target ads to specific audiences based on their demographics, interests, and online behavior. This is a more effective way to reach target audiences and improve the return on investment (ROI) of advertising campaigns.

AI website maker : There are a number of AI-powered design tools available that can help businesses create websites more quickly and easily. These tools use AI to generate templates, layouts and even content for websites.

These are just a few examples of how AI is being used in marketing today. As AI technology continues to develop, we can expect to see even more innovative and effective ways to use AI in marketing in the future (such as AI marketing automation ).

Marketing strategies examples (and why we love them)

Wix: content marketing with education in mind.

If you haven't yet heard—we launched a podcast. Now What interviews leaders to discuss the future of business, design and eCommerce. The episodes are filled with helpful insights on succeeding as an entrepreneur as technology keeps changing.

Podcasting is a content marketing strategy that centers around the listener. On top of educating and informing with this content, Wix also turns some episodes into blog posts and shares them on social media. We saw how helpful it could be to have all types of content that listeners and readers can consume in the medium that best fits them. And most importantly its not just about promotion—it can inspire and teach something new. Podcasts and other forms of marketing content can also be used as part of your customer relationship management, as they allow you the ability to engage directly with your users or potential customers.

Berta : Social media marketing that keeps up with the trends

Bridal company Berta didn't earn its 2.9 million followers for nothing. Their highly engaging, humorous and trendy Instagram Reels and TikToks take over social media feeds. In one of their Instagram videos , they used a trending voice-over of the Kardashian family speaking. They styled each Kardashian voice with a different Berta dress to playfully showcase their dress line to each unique personality.

Their trendjacking marketing strategy is not only clever and entertaining, but it also displays products naturally. Berta makes themselves relatable and likable, while also positioning themselves as driven by innovation, through social media—something all brands can learn from.

Etsy : Email marketing campaigns that add value

Etsy, a platform known for its handmade gifts, understands how to use email marketing to showcase products while also benefiting the reader. The sharp yet level-headed subject line "Next-level gifting" grabs attention immediately. Opening the email with the following helpful advice:

"A few tips for nailing their gift: 1) Try a pick that's unexpected—but so perfect. 2) Celebrate your connection, whether it's a shared hobby, a sweet message, or an inside joke. 3) Add a personal detail to make it completely one of a kind."

The email grouped different products, such as jewelry, cozy gifts, heartfelt art and more. As a receiver, you're happy you got some thoughtful gift ideas from Etsy. Instead of spamming product links into an inbox, Etsy added value and tried to find ways their marketing could be helpful.

Blue Apron : Influencer marketing with a niche

As a meal prep business, you can only imagine how strategic it was for Blue Apron to partner with a top chef like Sam Kass . Kass reaches 20,000 followers that are likely all food lovers. Blue Apron's use of influencer marketing and personalization has boosted engagement by hosting a virtual cooking class with Kass, helping them foster brand trust. They stayed focused on their niche within the foodie world and used leaders aligned with their values to represent their brand. While a highly effective strategy on its own, mass marketing is not necessarily the right approach in every situation. Understanding your market share within a niche that is more likely to convert is more important sometimes than focusing on a wider market grab. In essence, strategic marketing is where it's at.

How to choose and create a marketing strategy in 5 steps

Define your goals

Identify your target audience

Understand your customer’s pain points and your value proposition

Select your marketing channels and allocate budgets

Decide on the messaging, creatives and implementation plan

01. Define your goals

Data repeatedly shows that ​​those who write down goals achieve more than those who don't. There are several ways to set your objectives, such as using the SMART Goals method, broader SWOT analysis . You might also need to run a marketing audit of your current strategies to see what's working, what's not and how this will impact your new marketing goals.

Your business goals might be to develop your brand awareness, break into a new geographic area, or increase online sales by a given percent. The more specific and numerical these goals are, the better they can be tracked, measured and replicated.

02. Identify your target audience

After you determine exactly whom your business wants to reach, it will be clearer which marketing strategies to choose. That's because the messaging and platforms you'll use need to fit your target audience and target market . Audience parameters can be tied to demographics like age, gender, geographic region, likes, interests, etc. They can also be enhanced with competitor analysis . Create different l ightboxes or conduct market segmentation to assist you in the process.

03. Understand your customer’s pain points and your value proposition

To develop a marketing strategy that works, you must understand what your ideal consumer struggles with regularly. This awareness will align your product, place, price and promotion to solve their pain points and increase your chances of scalability. Once you’re confident in your value proposition , you’re ready to proceed.

Not sure where to start with this? Consider using the marketing mix, or 4p's of marketing . This is an approach that helps organizations develop and implement effective marketing strategies. It consists of four key elements that collectively shape a company's marketing approach - product, price, promotion and place or distribution.

04. Select your marketing channels and allocate budgets

Where does your audience spend the most time? Is it social media or reading publications and online magazines? Once you know where the people you want to be reaching are, you can best select the types of marketing you wish to implement in your strategies and the marketing channels to target. While niche marketing can be impactful, you can also consider the benefits of diversification in your marketing strategies - is offline marketing worth it for you, for example. Sometimes not putting all of your eggs in one basket is the better approach.

Likewise, choose which marketing tools will help you execute the campaigns. Allocating a specific budget for each channel and your KPIs is also important to do in this stage. Using a marketing plan template is a simple and effective way to document your process.

05. Decide on the messaging, creatives and implementation plan

The final step in your marketing strategy is working on your messaging and creative formats. For example, if you plan to educate customers on product capabilities and spend a lot of time on YouTube, you might create a video campaign. The video messaging will resonate with your target audience in a relevant and meaningful way.

How to track marketing strategies

Tracking your marketing strategies according to their set KPI's is essential for understanding how effective they have been, and so you can optimize them as they run.

We've put together some of the main ways in which you can track your marketing strategies from planning to execution. The specific KPIs for each marketing strategy may vary, but in general they should all be tracked according to the following steps.

Set your goals and define what you want to achieve with your marketing strategies. Do you want to increase website traffic, generate leads, boost sales or improve brand awareness?

Choose the key performance indicators (KPIs) that align with your goals. If one of your goals is to increase website traffic, then your KPIs or marketing metrics would be page views, bounce rate and time on site.

You should use always tracking tools in order to collect the specific data you need to understand how close you are to meeting your KPI's, or not. The exact tool/s you use will vary according to your goals and specific metrics but some popular examples include Google Search Console, tools that track social media analytics and email marketing software. Make sure to fully understand what it is your tracking before choosing the right analytics tool for you. Some tools can measure multiple KPIs, such as traffic sources , traffic numbers and more. You may need to check that you have the necessary tracking codes installed on your website and landing pages to monitor your campaign's success.

Once you've collected your data, you'll need to analyze it. First of make sure to regularly review and analyze the data collected from your tracking tools, either on a weekly, monthly or quarterly basis. This will help you identify what's working and what needs to be improved. It should also help you plan better future marketing strategies and campaigns.

Don't be afraid to adjust your strategies. Based on the insights gained from your data analytics, you'll most likely need to adjust or optimize your marketing strategies to improve them. One example of this is if your social media campaign is not generating the desired engagement, try experimenting with different content formats or posting times.

Monitor your strategies and their progress both over the short and long term. This should be a continuous process that involves reviewing your KPIs and metrics to ensure that you're on track to achieve your objectives.

What is a marketing strategist?

A marketing strategist is someone, generally referred to as a professional, who develops and implements marketing plans and campaigns to achieve a company's marketing and sales goals.

Their responsibilities include conducting market research, analyzing consumer behavior and market trends, and identifying target audiences. From this information, they create effective marketing strategies and tactics, including product positioning, pricing, promotion, and distribution. The ultimate aim of a marketing strategist is to increase brand awareness and drive sales growth.

Marketing strategies FAQ

What are the main components of a good marketing strategy.

While the precise marketing strategy you choose will depend on your specific business, industry and marketing KPIs, the components of a good marketing strategy remain the same. These include clear goals and objectives, a well-defined target audience, a unique value proposition, a solid competitive analysis plan, a great marketing mix, a clear budget and metrics complete with a structured implementation plan.

Why is a good marketing strategy so important for your business?

What are best practices for marketing strategies, what are the 4 types of marketing strategies, related posts.

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How to create a marketing plan [free template].

What is a Marketing Plan?

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As the famous Benjamin Franklin quote says, “If you fail to plan, you are planning to fail.” This rings especially true in highly competitive industries, and even more so with the rise of social media and the vast array of options for selling products and services.

It can be easy to get lost among all the options available, which means you need a framework for quickly and successfully launching and supporting your brand, product, or service in the market.

This is where a marketing plan comes in.

A marketing plan outlines a company’s overall marketing strategy, including the research and data that support it. Key information that comprise a marketing plan include:

• Company information : highlighting its relevance to the strategy in place
• Company, market, and competitor research: isolating and informing high-value marketing opportunities
• Concrete marketing plans: outlining goals, activities, and resources for enabling success

Marketing plans are typically laid out over a year but can change depending on the team’s objectives—the more frequently you need to create one, the more valuable it becomes to do it efficiently. This is where a marketing plan template comes in handy.

A marketing plan template is a tool used to build a comprehensive marketing strategy. It mainly eliminates the manual work of identifying and structuring the key information we outlined above. This allows you to focus on the actual task of building your marketing strategy, from setting goals and conducting research to identifying activities and resources essential to your campaigns. Our template is designed to cover these essentials while also leaving room for you to tailor content and sections to your specific needs.

Why Are These Important?

Alignment and efficiency are the overarching themes when creating a marketing plan and building an easy marketing plan template. For starters, a marketing plan helps establish a clear set of goals and objectives, which allows teams to optimize their efforts toward the same outcome. It also qualifies as an effective risk management tool when done right by clearly outlining stakeholders and their responsibilities for minimal overlap, as well as budget allocations and projections to ensure that planned activities are equipped to succeed.

When you create a marketing template, you achieve even more efficiency. This allows for more seamless creation of new marketing plans to fit new requirements and continuous learning from using and evaluating an established format.

The difference between a marketing plan and an effective one is subtle yet critical to your success. A basic marketing plan template should be:

•   Simple: by following a straightforward approach, using terms and a structure that’s easy to digest, both for the one creating it as well as those reading it,
• Interesting: with expertly designed layouts or formats that synergize well with the outline/structure and
• Versatile: allowing you to freely and easily add, remove, or rearrange sections and information to make sense of your strategy.

Below, we’ve created two free marketing plan templates that are designed around the above principles.

The Google Slides template is designed for more flexible layouts and more images.

The Google Docs template offers a more straightforward approach.

To begin using either template, click the matching link above and select File > Make a copy.

While you’re free to start populating the template however you like, there are ways to optimize this activity further. Below, we’ve reorganized the various sections in our template so you can populate them in an order that makes sense; these are grouped into five phases: Introduction, Research, two Strategy phases, and Polish. By following this section like a step-by-step guide, you would prioritize sections that inform other parts of the document so that you can complete each part almost in one go.

Introduction

First, fill in your Title Page before navigating to the Company Overview. This is like the ‘About Us’ section of a website and will help stakeholders learn about your business by filling in the following:

• Your Company Name
• Where your company is located (Headquarters)
• Your market category and a summary of the products or services you provide (Category, Products & Services)
• Your Mission Statement

It’s important to create a mission statement if you don’t have one yet—this gives both you and your audience a vivid impression of what your company is about and what it’s trying to achieve, which would be an important piece to understanding why your whole marketing plan can be expected to work. Your goal here is to write a mission statement that is clear and easy to understand.

An option to include information about your team or other specific individuals within the company is included. This would make sense if a specific group of individuals in your company is involved; the alternative implies that the plan may involve efforts from across the entire organization.

After wrapping up your introductory sections, it’s time to collect data to inform your marketing strategy. In this phase, we’ll be looking at your company, your customers, and your competitors and using that to identify your ideal client.

Start with the SWOT Analysis. This stands for Strengths, Weaknesses, Opportunities, and Threats. Here is a quick rundown and some guide questions for identifying each section:

• Strengths refer to internal advantages that your company might have over your competition. For example, do you have a strong brand reputation? Do you have a tried-and-tested pipeline and track record for launching successful marketing campaigns? Do you have a sizable budget? How about highly skilled employees?
• Weaknesses outline the opposite—these are factors that might put you at a disadvantage against competitors. These are often related to either a limited budget or a lack of skills or experience.
• Opportunities serve to highlight external factors that you might be able to use to your advantage. Consider this: are there relevant changes to market trends or consumer behavior? Have new market segments emerged? Are there new business models you can utilize in your strategy?
• Threats, on the other hand, are external factors that could negatively affect your business. Look into the following: Have new competitors emerged, or have existing competitors experienced substantial growth or change? Has the economy taken a turn for the worse? Are your customers’ preferences seemingly changing? Are there notable changes in technology or the environment to worry about?

Next, move to Customer Analysis. This is the process of evaluating and understanding different aspects of your consumer base, including their preferences and habits. This is fundamental to your overall strategy, as customer satisfaction almost always directly correlates to greater returns. A customer analysis is mainly broken down into demographics, which relate to their biological, educational, professional, and marital information, and psychographics, which relate to their behaviors, thought processes, and preferences. This also includes exploring various external factors that might influence their purchasing decisions, such as events and the offerings of competitors.

Once that’s finished, navigate to your Competitor Analysis section. This is the process of analyzing competitors who offer similar products or services or operate within the same industry or market as your company. This includes inspecting their overall strategy, including branding, operations, and promotion, identifying strengths and what resonates with their market or yours, and looking into areas where they might be lacking. This helps inform opportunities for your plan to stand out and succeed.

Finally, you can jump back to the Buyer Persona. A buyer persona is a detailed description of your target audience or customer built on the market research you conducted above; this includes existing data on your customers—this would include demographic information, motivations, and behavior, among other details. This helps businesses build a deeper understanding of their audience and is used to anchor marketing, sales, communication, and product development strategies to satisfy a given persona’s needs and preferences. Creating an effective buyer persona now will help build strategy for meaningful engagement.

Strategy-Building (Part 1)

Completing the previous sections should result in a clear picture of your position in the market. You can now use that to build the marketing plan's meat thoroughly. For starters, you will want to find the Goals section—our guide on SMART goals has everything we believe you will need to fill in this part of the plan.

Next, we will be tackling the Marketing Mix in two parts.

Product. In this section, discuss the products and/or services you intend to release or market as part of this strategy. This means outlining various features, design elements, or variants that will be available to customers.

Pricing. This is where you’ll be outlining amounts—how much will each of the products you included previously cost? When determining these, it’s critical that you consider your buyer persona, as well as competitor pricing and any promotions or discounts that might be part of your strategy. This will further increase your products’ perceived value among customers, especially your target market. Tables are a great formatting tool here; you can also link to an external spreadsheet, where you have more room to create a detailed pricing scheme.

Place. This section discusses how you would make products or services available to customers. It includes the method by which sales are generated (e.g., retail, online, direct), as well as strategies for storing, housing, and distributing inventory. Your main consideration here is making sure that your products and services are as convenient and efficient to access as possible in order to sufficiently meet customer demand.

The second part of the marketing mix covers both the Promotion and Marketing Channels sections. This is done so you can cross-reference between the two sections, ensuring that they are updated to synergize with one another.

The Promotion section primarily focuses on how you will help customers understand the value of your products and services, including tools and techniques for providing support across the customer journey (before, during, and after a sale.) A critical consideration here is ensuring the methods align with your goals while respecting your brand identity.

Marketing Channels then focus on the what or where of your promotion plan, which is typically broken down into traditional, digital, retail, and event marketing channels. Building this section relies heaviest on your buyer persona and the specific products and services you’re looking to promote—understanding where you can best reach your existing market or attract new eyes is important here.

Working on these sections first allows you to transition seamlessly to your Unique Value Proposition. Use this section to talk about how or why your products/services are a better choice than the competition. Your customer and competitor analysis would feed a lot of information here.

Strategy-Building (Part 2)

The second phase of your strategy will move between the template's Performance Management and Budget sections.

Under Performance Management , it’s time to identify your Key Metrics. Also known as key performance indicators (KPI) are quantifiable measures that determine your campaign or strategy’s progress or success. To assist with this, look back at your Goals section to see what factors can be represented by numbers and data—for some of these, you may need to derive them from computations of other factors. Common key metrics include total conversions, conversion rate, click-through rate, and social media engagements.

At this point, you can freely work on two sections simultaneously: Monitoring & Evaluation Methods and  Projected Expenses.

Monitoring & Evaluation Methods answers the question of how you will collect the metrics listed. Include relevant tools and data collection methods to be used here.

Projected Expenses refer to an itemized list of unique costs required to execute the strategy. This includes hardware and software needs, resources needed to run online or in-person events and promotions, travel and other logistics, and even compensation for in-house or outsourced manpower. A table is a great way to format information here.

Once all of that is ready, you can begin working on Projected Returns . In this section, you want to outline how this strategy is expected to generate value beyond just the immediate sale of whatever products or services are being offered and how much each of these sources is expected to contribute. From here, you can define your expected return on investment (ROI) by subtracting the total earnings from the costs in your Projected Expenses section.

You will notice that only one section remains—jump back to the early part of the template to work on your Executive Summary. This section combines all of the sections into a big-picture pitch. Your highest priorities here are summarizing your Goals, Marketing Mix, Unique Value Proposition, and Projected Returns sections.

Now that you’ve filled in all template sections double-check everything for errors or omissions.

A marketing plan serves as the blueprint for your success over time. A marketing plan template ensures that you can quickly and expertly craft a strategy while allowing for continuous improvement.

With Workamajig, the premier agency management software , you have an all-in-one solution for planning, organizing, and delegating these efforts and easily transitioning between the phases of every project. Easily adjust your schedule or modify task requirements and assignees to ensure efficiency, and use native reporting tools to measure your progress and identify and address roadblocks along the way.

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