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Marketing plan is for New vegan restaurant Marketing (Topic 5) Consider if your strategic plan is...

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General Management

Marketing plan is for New vegan restaurant

Marketing (Topic 5) Consider if your strategic plan is a marketentry plan (entrepreneurial), a market expansion plan for anexisting organization, or a mergers and acquisitions plan. Decidingwho the target market is and determining their demographics,behaviors, motivation, needs, and goals is essential because thetarget market drives the marketing plan. This is typically donethrough studying research and data related to how potentialcustomers are willing to invest their time and energy.Additionally, by deciding who potential customers are, decipheringtheir needs, and likes and dislikes, learning about theirlifestyle, and observing how the target market behaves, creating abrand that appeals to these customers is possible.

Address the following:

What resources do you believe would be required to implementyour plan?

How will you reach your plan?

How does your marketing strategy seek to achieve yourvision?

Answer & Explanation Solved by verified expert
3.7 Ratings (477 Votes)
Resources at all levels must be involved for successful implementation of plan The top management will take the decisions and develop the action plan The lower management and workforce will be required to execute the action plan and the middle management will monitor and facilitate the execution Marketing is any process or initiative taken by the company to bring customers attention towards the product or service offered Marketing also aims at creating awareness about the business offerings A strategic marketing plan is developed in a way that it is aligned to    See Answer
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