{"id":1088,"date":"2022-04-10T19:02:00","date_gmt":"2022-04-10T17:02:00","guid":{"rendered":"https:\/\/support.centreforelites.com\/annual-marketing-planning\/"},"modified":"2024-03-14T16:31:21","modified_gmt":"2024-03-14T14:31:21","slug":"annual-marketing-planning","status":"publish","type":"post","link":"https:\/\/support.centreforelites.com\/ru\/annual-marketing-planning\/","title":{"rendered":"ANNUAL MARKETING PLANNING"},"content":{"rendered":"\n

\u00a0Apart from the basic strategic planning spanning several years into the future, it is also necessary to develop a more specific, and shorter- term marketing planning. Hence, strategic marketing planning in an organization leads to the preparation of an annual marketing plan. Annual marketing planning is the master blueprint for a year’s marketing activity for a specified organizational division or major product. It is usual y a written document.<\/span><\/p>\n\n\n\n

\"Annual
Annual Marketing Planning Cession<\/figcaption><\/figure>\n\n\n\n

 <\/span><\/span><\/span><\/span><\/span><\/span>PURPOSES AND RESPONSIBILITIES OF AN ANNUAL <\/span><\/span><\/span><\/a>MARKETING PLAN<\/h2>\n\n\n\n

<\/a><\/p>\n\n\n\n

 <\/p>\n\n\n\n

An annual marketing plan serves at least three purposes:<\/span><\/p>\n\n\n\n

<\/a>(i)                <\/span><\/span><\/span>It summarizes the marketing strategies and tactics that will be used to achieve specified objectives in the upcoming year. Thus, it serves as a “how-to-do-it” document that guides executives and other employees involved in marketing.<\/span><\/p>\n\n\n\n

<\/a>(ii)              <\/span><\/span><\/span>The plan also points to what needs to be done with respect to the other steps in the management process, such as implementation and evaluation<\/a> of the marketing programme.<\/span><\/p>\n\n\n\n

<\/a>(iii)            <\/span><\/span><\/span>The annual market plan also outlines who is responsible for which activities, when <\/span>they are expected to be carried out, and how much time and money can be spent. Very often, the executive responsible for the division or product covered by the plan typically is the task to subordinates.<\/span><\/p>\n\n\n\n

CONTENTS OF AN ANNUAL MARKETING PLAN<\/span><\/span><\/span><\/h2>\n\n\n\n

<\/a><\/p>\n\n\n\n

 <\/span><\/p>\n\n\n\n

<\/a>The following are the contents of an annual marketing plan:<\/span><\/p>\n\n\n\n

(i)Executive Summary and Table of Contents<\/b>:<\/p>\n\n\n\n

The marketing plan usually opens with a brief summary of the main goals of the plan and recommendations. The executive summary permits senior management <\/span>to grasp the plan’s major thrust. A table of contents follows the executive summary.<\/p>\n\n\n\n

(i )Current marketing situation<\/b>:<\/span><\/p>\n\n\n\n

This section presents relevant background data on sales, costs, profits, the markets, competitors, distribution, and the macro environment. The data are drawn from a product fact book maintained by the product manager.<\/p>\n\n\n\n

(iii)Opportunity and issue analysis<\/b>:<\/span><\/p>\n\n\n\n

After summarizing the current marketing situation, the product manager goes ahead to identify the major opportunities\/threats, strengths and weaknesses, as well as issues facing the product line.<\/span><\/p>\n\n\n\n

( i v ) Objectives<\/b><\/span><\/p>\n\n\n\n

With the summary of the issues given, the product manager must decide on the plan’s financial and marketing objectives.<\/span><\/p>\n\n\n\n

<\/a>(i)                 <\/span><\/span><\/span>Marketing strategy<\/b>:<\/p>\n\n\n\n

In this section, the product manager outlines the broad marketing strategy or “game plan” to accomplish the marketing plan’s objectives. In developing the strategy, the product manager often discusses with the purchasing and production personnel to <\/span>confirm that they will be able to buy enough materials and produce enough units to meet the target sales volume levels. In addition, the product manager needs to discuss with the sales manager in order to obtain sufficient sales force support. Furthermore, he should discuss with the accountant to obtain sufficient funds for advertising and promotion.<\/span><\/p>\n\n\n\n

<\/a>(ii)     <\/span><\/b><\/span><\/span>Action programmes<\/b>:<\/p>\n\n\n\n

The marketing plan must specify the broad marketing programme for achieving the business objectives. Each marketing strategy element must be elaborated to answer such questions as: what will be done? When will it be done? Who will do it? How much will it cost?<\/span><\/p>\n\n\n\n

<\/a>(iii)      <\/span><\/span>Projected profit-and-loss statement<\/b>:<\/span><\/p>\n\n\n\n

This section usually includes two kinds of financial information: On the revenue side, this <\/span>budget shows forecasted sales volume in units and the average price. On the expense side, it shows the cost of production, physical distribution, and marketing, broken down into finer categories. The difference between these two sides is the projected profit. With its approval, the budget is the basis for developing plans and schedules for material procurement, production <\/span>scheduling, employee recruitment<\/a>, and marketing operations.<\/span><\/p>\n\n\n\n

(viii) <\/span>Controls<\/b><\/span><\/p>\n\n\n\n

The last section of the marketing plan outlines the controls for monitoring<\/a> the plan. <\/span>Typical y, the goals and budget are spelled out for each month or quarter. The results for each period are reviewed by senior management<\/a>. Some control sections often include <\/span>contingency plans, which outline the appropriate steps to be taken by management with <\/span>respect to specific adverse developments, such as price wars or strikes.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0Apart from the basic strategic planning spanning several years into the future, it is also necessary to develop a more […]<\/p>\n","protected":false},"author":1,"featured_media":2236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":139,"footnotes":""},"categories":[139],"tags":[272],"class_list":["post-1088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","tag-marketing-plan"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/pexels-photo-7433839.jpeg?fit=1880%2C1253&ssl=1","jetpack-related-posts":[{"id":1090,"url":"https:\/\/support.centreforelites.com\/ru\/strategic-marketing-planning\/","url_meta":{"origin":1088,"position":0},"title":"STRATEGIC MARKETING PLANNING","author":"centreforelites","date":"10 \u0430\u043f\u0440\u0435\u043b\u044f, 2022","format":false,"excerpt":"Companies that adopt the marketing concept realize that strategic marketing efforts are more successful when they are carefully planned. 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This was devised by corporate leaders to implement strategies\u00a0that will enhance the competitiveness of each business unit. It differs from the yearly fiscal plans of the organisation. Strategic Planning \u00a0\u00a0Background Information on Business Strategic Planning Strategic planning (SP) evolved in\u2026","rel":"","context":"\u0412 "Strategic Management"","block_context":{"text":"Strategic Management","link":"https:\/\/support.centreforelites.com\/ru\/category\/strategic-management\/"},"img":{"alt_text":"Business Strategic Planning Process","src":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Strategic-Planning.webp?fit=1200%2C962&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Strategic-Planning.webp?fit=1200%2C962&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Strategic-Planning.webp?fit=1200%2C962&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Strategic-Planning.webp?fit=1200%2C962&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Strategic-Planning.webp?fit=1200%2C962&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1089,"url":"https:\/\/support.centreforelites.com\/ru\/the-strategic-marketing-planning-process\/","url_meta":{"origin":1088,"position":2},"title":"THE STRATEGIC MARKETING PLANNING PROCESS","author":"centreforelites","date":"10 \u0430\u043f\u0440\u0435\u043b\u044f, 2022","format":false,"excerpt":"Strategic marketing planning is a five-step process that assesses current performance; establishes specific marketing objectives; determines positioning and differential advantage; selects target markets and measures market demand, and designs a strategic marketing mix.\u00a0 With the plans in place, the marketing programmes are implemented, while the results are monitored. 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