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Sales and Marketing Strategy
In previous sections, you've been asked to define your product,
positioning, pricing, target customer, market, and
competition. Now you need to wrap up all those assumptions into a
cogent sales and marketing strategy. Think of this statement as
an action plan for how you will get customers to buy your products.
It will support the tactics you describe later on in this
section.
Your strategy may be only a few sentences in length, or it can be
a couple of paragraphs. Important elements for a sales and marketing
strategy include who you are targeting with your initial push and what
customers you have designated for follow-up phases. Other elements
of a sales and marketing strategy are:
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How you will find your prospects, and once you find them, how you plan to educate them about your product? For instance, if you
are using direct mail, you might want to talk about what
kinds of mailing lists you plan to purchase.
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What features of your product or service you emphasize
to get customers to notice your product.
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Any sort of innovative marketing or sales techniques you will
employ. For example, you may sell your product by mail order when
your competitors use only traditional retail channels. Or
you may be the first in your industry to offer leasing.
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Will you focus your efforts locally, regionally, nationally
or internationally? Do you plan to extend your efforts
beyond your initial region? Why?
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> Achieve a competitive edge with OPENSM from American Express. |
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