What is the purpose of a marketing plan?

Practice Questions

Q1
What is the purpose of a marketing plan?
  1. To outline financial projections
  2. To define marketing strategies and tactics
  3. To manage human resources
  4. To analyze competitors

Questions & Step-by-Step Solutions

What is the purpose of a marketing plan?
  • Step 1: Understand that a marketing plan is a document.
  • Step 2: Know that it outlines how a business will promote its products or services.
  • Step 3: Realize that the plan includes specific strategies and tactics.
  • Step 4: Identify that these strategies help the business reach its goals.
  • Step 5: Remember that the ultimate purpose is to increase sales and grow the business.
No concepts available.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely