ENTREPRENEURSHIP

Detailed explanation-1: -A marketing plan is a strategic document that specifies your organization’s target markets, marketing objectives, programs, and activities to achieve them, expected timescales, resources to be utilized, according to defined budgets, and how success will be measured.

Detailed explanation-2: -A marketing plan is the advertising strategy that a business will implement to sell its product or service. The marketing plan will help determine who the target market is, how best to reach them, at what price point the product or service should be sold, and how the company will measure its efforts.

Detailed explanation-3: -Your marketing and sales plan explains how you will reach your targeted customers and how you will effectively market your product or service to those customers. For example, the marketing plan specifies the types of advertising you will use and the timing of those advertisements.