MANAGEMENT

Detailed explanation-1: -A marketing plan is an operational document that outlines an advertising strategy that an organization will implement to generate leads and reach its target market.

Detailed explanation-2: -An advertising strategy is the sum total of a company’s outreach efforts to build brand awareness and drive sales; these goals can include introducing new products, priming sales conversion rates, gaining social media subscribers, accessing a target market, and engaging existing customers.

Detailed explanation-3: -A promotion plan outlines the promotional strategies that may be used to achieve the marketing objectives. A promotional plan is only one component of a marketing plan, covering all types of communication between the seller and potential clients.

Detailed explanation-4: -A marketing strategy is a long-term plan for achieving a company’s goals by understanding the needs of customers and creating a distinct and sustainable competitive advantage. It encompasses everything from determining who your customers are to deciding what channels you use to reach those customers.