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business.gov.au
Marketing plan template and guide
A good marketing plan helps you identify your customers and competitors and develop a
strategy to make your business stand out. The business.gov.au Marketing Plan template steps
you through the process of creating a solid, well-structured plan tailored to your business.
New! Create your marketing plan on your iPad by downloading our free MarketMyBiz
iPad App. Search โ€˜MarketMyBizโ€™ in the App Store now!

Copies of the latest version of this template and guide can be downloaded from
www.business.gov.au/plans.
If you need further information, assistance or referral about a small business issue, please
contact the Small Business Support Line on 1800 77 7275.
Page 1
How to use this template
Before you complete this marketing plan template and start using it, consider the following:

1. Do your research. You will need to make quite a few decisions about your business

including structure, marketing strategies and finances before you can complete the
template. By having the right information to hand you also can be more accurate in your
forecasts and analysis.

2. Determine who the plan is for. Does it have more than one purpose? Will it be used

internally or will third parties be involved? Deciding the purpose of the plan can help you
target your answers. If third parties are involved, find out what are they interested in.

3. Do not attempt to fill in the template from start to finish. First decide which

sections are relevant for your business and set aside the sections that donโ€™t apply. You
can always go back to the other sections later.

4. Use the [italicised text]. The italicised text is there to help guide you by providing

some more detailed questions you may like to answer when preparing your response.
Please note: If a question does not apply to your circumstances it can be ignored.

5. Use the marketing plan guide. The marketing plan guide below contains general advice
on marketing planning and a complete overview with details on each question asked in
the marketing plan template.

6. Get some help. If you arenโ€™t confident in completing the plan yourself, you can enlist

the help of a professional (i.e. Enterprise Connect Centre, Business Enterprise Centre,
business adviser or accountant) to look through your plan and provide you with advice.

7. Write your summary last. Use as few words as possible. You want to get to the point
but not overlook important facts. This is your opportunity to sell yourself. But donโ€™t
overdo it. You want third parties to quickly read your plan, find it realistic and be
motivated by what they read.

8. Review. Review. Review. Your marketing plan is there to make a good impression.

Errors will only detract from your professional image. So ask a number of impartial people
to proofread your final plan.

9. Print. Before you print a copy of your completed marketing plan, ensure you delete the
first section containing the guide as well as the [italicised text]. To print a copy, select
the Printer icon on the toolbar, or select File then Print on the main menu.

Scan to watch our marketing plan video:

Page 2
Marketing Plan Guide
Marketing planning
A marketing plan assists you to integrate your total marketing effort. It ensures a systematic
approach to developing products and services to meet and satisfy your customersโ€™ needs.
When you're writing a marketing plan you need to be clear about your objectives and how you'll
achieve them. A good marketing plan sets clear, realistic and measurable objectives, includes
deadlines, provides a budget and allocates responsibilities. A plan can consist of these
elements:
โ—

analysis of your current market

โ—

your business objectives

โ—

key strategies

โ—

steps to achieving your objectives

โ—

proposed budget

โ—

timing.

Remember that your marketing plan should remain an ongoing process throughout the life of
your business.

What to do...
โ–ช
โ–ช

Contact your nearest Business Enterprise Centre (BEC)
for free advice and support.
Check if your local BEC or state business agency hosts a marketing planning workshop
near you.

โ–ช

Contact an Enterprise Connect
centre for help with planning, growing, skills
development, competitiveness and productivity.
Search for networking, mentoring or training events and seminars on the business.gov.au
Events calendar.
Contact a business adviser, accountant or solicitor for advice.

โ–ช
โ–ช

Regular review
Marketing planning is an ongoing business activity. As your business changes many of the
strategies in your plan will need to evolve to ensure you business is still heading in the right
direction. Having your plan up to date can keep you focussed on where you are heading and
ensure you are ready when you need it again.

Page 3
Advice & support
There are a number of government services available to help you plan, start or grow your
business. These services can provide general advice, workshops, seminars and networking
events, and can even match you with a mentor or business coach.

Attending business events
Small business workshops and seminars are run regularly in most areas of Australia, and deal
with issues such as planning, marketing, innovation, employing staff and exporting.
You may also find it useful to attend networking events to help expand your business. By
developing networks, you can keep up to date on industry and local information, promote your
business through new contacts and learn key skills from other businesses.

Taking on a mentor or business coach
Participating in mentoring or coaching programs can help you develop a greater understanding
of business processes and practices, and equip you with the skills you need to grow and
improve your business.

What to do...
โ–ช
โ–ช
โ–ช
โ–ช
โ–ช

Contact your nearest Business Enterprise Centre (BEC)
ย for assistance with your
planning process.
Check if your local BEC or state business agency hosts a marketing workshop near you.
Contact an Enterprise Connect
centre for help with planning, growing, skills
development, competitiveness and productivity.
Search for networking, mentoring or training events and seminars on the business.gov.au
Events calendar.
Contact a business adviser, accountant or solicitor for advice.

Page 4
Template overview
This template overview provides details on each question asked throughout the marketing plan
template as well as links to further information. When you start answering a question in your
marketing plan, you can refer to the relevant question below to help guide your answer.

Title page
Question

Explanation

Insert your business logo

Adding a logo helps give your business a more professional image.

Your name

Enter the business owner's name. Enter multiple names if there are multiple
owners.

Your title

The titles of the business owner(s) listed above, e.g. Owner/Manager

Business name

Enter your business name as registered in your state/territory.

Main business address

Enter your main business address. This can be your home address if you
are a home-based business or your head office if you have more than one
location.

ABN

Enter your Australian Business Number. If you are a business and have
registered for an ABN enter it here.

ACN

Enter your Australian Company Number. Only fill this in if you are a
company.

Prepared

The date you finished preparing your marketing plan.

Table of Contents

If you have changed this template in any way, please remember to update
the table of contents to reflect the changes.

Page 5
Marketing plan summary
Your marketing summary should be no longer than a page and should focus on why your
business is going to be successful. Your answers should briefly summarise your more detailed
answers provided throughout the body of your plan.

Question
The Business

Explanation

Business name

Enter your business name as registered in your state/territory. If you have
not registered your business name, add your proposed business name.

Business structure

Is your business a sole trader, partnership, trust or company?

ABN

Enter your Australian Business Number (ABN). If you are a business and
have registered for an ABN enter it here.

ACN

Enter your Australian Company Number (ACN). Only fill this in if you are a
company.

Business location

Enter your main business location such as your city/town. Briefly describe
the location and space occupied/required.

Date established

The date you started trading. Whether it was the date you opened your
doors or the date your purchased business opened its doors.

Business owner(s)

List the names of all business owners.

Relevant owner
experience

Briefly outline your experience and/or years in the industry and any major
achievements/awards.

Products/services

What products/services are you selling? What is the anticipated demand
for your products/services? These answers should briefly summarise your
answers under the main products/services section.

The Future
Vision statement

The vision statement briefly outlines your future plan for the business. It
should state clearly what your overall goals for the business are. To keep it
brief you may prefer to use dot points in your summary.

Goals/objectives

What are your short and long term goals? What activities will you
undertake to meet them?

The Market
Target market

Who are you selling to? Why would they buy your products/services over
others?

This answer should briefly summarise your answers under the main Market
section.
Marketing strategy

How do you plan to enter the market? How do you intend to attract
customers? How and why will this work?

This answer should briefly summarise your answers under the main Market
section.

Page 6
Question
The Finances

Explanation

The finances

Briefly outline your sales forecast. How much money will you need
up-front? Where will you obtain these funds? What portion will you be
seeking from other sources? How much of your own money are you
contributing towards the business?
Your answers can be quite brief in the summary. They should give the
reader a quick idea of your current financial position. Where you are
heading financially and how much you need to get there. You can provide
more detail in the main Finances section.

The Business
Question
Business overview
Business overview

Explanation
Who are the current business owners? What does the business do/sell?
Where it is located? How long has it been operating?

S.W.O.T. analysis
S.W.O.T. analysis table

List each of your businesses Strengths, Weaknesses, Opportunities or
Threats (S.W.O.T) in the table supplied. For example:

โ–ช
โ–ช

Weakness: (e.g. location of your business).

โ–ช

Opportunity: (e.g. new export opportunity available).

โ–ช
S.W.O.T. activity sheet

Strengths: (e.g. experience in the industry).

Threat: (e.g. new competitor entering the market).

List each weakness/threat, the activities you will undertake to
reduce/address each and the date of expected completion.

Product/services
Product/services table

List each product/service your business currently offers. Provide a
description and unit price (including GST) amount for each.

Market position

Where do your products/services fit in the market? Are they high-end,
competitive or a low-cost alternative to the products/services offered by
your competitors? How does this compare to your competitors?

Unique selling position

How will your products/services succeed in the market where others may
have failed? What gives your products/services a distinctive edge?

Anticipated demand

What is the anticipated quantity of products/services your customers are
likely to purchase? For example, how much will an individual customer buy
in 6 months or 12 months?

Pricing strategy

Do you have a particular pricing strategy? Why have you chosen this
strategy?
To help you develop your pricing strategy, you could refer to your
customer research, market position, anticipated demand and
Page 7
costs/expenses to get an idea.
Whatever strategy you use when setting your price, you will also need to
adhere to any relevant fair trading legislation or codes of conduct.
Value to customer

How do your customers value your products/services? Are they a
necessity, luxury or something in between?

Growth potential

What is the anticipated percentage growth of the product in the future?
What will drive this growth?
To help you determine this growth potential, you could refer to your
region/industry research to get an idea of any industry/regional growth
that could affect your business in a positive way. You could also look up
any social trends that may have a positive affect on your business.

Sales/marketing
personnel
Sales/marketing
personnel table

List your current staff in the table provided. Outline each job title, name of
the employee in the position and the main responsibilities related to the
position. You may also like to attach a copy of their resume to the back of
your plan.

The Future
Question
Vision statement

Explanation

Mission statement

What is your business' mission statement (i.e. how will you achieve your
vision)?

Goals/objectives

What are your short & long term goals? What activities will you undertake
to meet them?

What is your business' vision statement? It should briefly outline your
future plan for the business and include your overall goals.

The Market
Question
Explanation
Unique selling position How is your business unique in the market?ย What differentiates your

product/service from others in the market? What makes your business
stand out from your competition? What product gap or service need does it
fill for your customers?

Your
customers/clients
Customer
demographics

Define who your target customers are and how they behave. You can
include age, gender, social status, education and attitudes. What are their
lifestyles, activities, values, needs, interests or opinions? Where are they
located?

Key customers

Identify your key customers. (These can be large consumers of your
products or individuals whose satisfaction is key to the success of your
business.) How will you target your products/service to them? How will you
deliver your product/service to them?
Page 8
Customer management

How will you maintain a good relationship with your customers? What
techniques will you use? How will you keep your customers coming back?
Have you introduced customer service standards? Do you follow any
particular code of practice?

Your competitors
Your competitors

How do you rate against your competitors? How can your business improve
on what they offer?

Competitor details table

List at least 5 competitors in the table. For each competitor enter:

โ–ช

Competitor: Competitor name.

โ–ช

Established date: When were they established?

โ–ช

Size: Number of staff and/or turnover.

โ–ช

Market share (%): Estimated percentage of market share.

โ–ช

Value to customers: Unique value to customers. Why they
would do business with your competitor? For example:
convenience, quality, price or service?

โ–ช

Strengths: What are your competitor's main strengths?

โ–ช

Weaknesses: What are your competitor's main weaknesses?

Market research

What statistical research have you completed to help you analyse your
market? Did you use a survey/questionnaire? If so, you may like to attach
a copy of your survey/questionnaire to the back of this plan.

Market targets

Outline your planned sales targets. These targets need to be realistic and
achievable. What quantity of your products/services do you plan to sell in
a planned timeframe? Are they monthly or yearly targets? For example, you
may set yourself a goal of selling 1 000 products in 12 months.

Environmental/industry
analysis

Detail the results of the market research you have performed. Is the area
experiencing population growth? Are there long-term employers in the area?
Is the region's economy stable? Are there seasonal variations?
What is the size of the market? What recent trends have emerged in the
market? What growth potential is available and where do you fit in? How
will the market/customers change when you enter the market? What
external factors will affect your customers?
A good place to start when researching your regional profile is the
Australian Bureau of Statistics website. The regional profile information
includes economy, population/people, industry and environment/energy
statistics.

Marketing strategy

What is your overall marketing strategy? What steps or activities will you
undertake to achieve your goals/objectives? For each marketing
activity/milestone:
Page 9
โ–ช

Marketing activity/milestone: Print advertising, online
advertising, mail-out, giveaway, media release, event, website,
blog/social media, public relations, branding and artwork, or
publications and catalogues.

โ–ช

Person responsible: Who is responsible for completing this task?

โ–ช

Date of expected completion: When do you expect to complete
the marketing activity?

โ–ช

Cost ($): Estimated cost of activity.

โ–ช

Success indicator: What indicator/ measurement result will need
to be met before this activity is considered a success?

Advertising & sales
Advertising and
promotional strategy
table

For each promotion/advertising:

Expected business improvement: How do you expect it will
improve your business success?

โ–ช

Cost ($): What is the cost of each planned activity?

โ–ช

Sales and distribution
channels table

Promotional strategy: Why have you decided to use this
promotion/advertising type? How and when will you use it? What
is your strategy behind this? Who will upkeep your social media
presence?

โ–ช

Sales strategy

Planned promotion/advertising type: What is the
promotion/advertising type being used (e.g. Print media
advertising, online advertising, SMS, mail-out, giveaway, media
release, social media campaign or event)?

โ–ช

Social media strategy

โ–ช

Target date: When do you expect to complete each activity?

What do you want to achieve/communicate (brand awareness, online sales
etc)? What social media tools do your customers use (e.g. Blogs, Twitter,
Facebook etc)? What strategies can you use to network and communicate
effectively with these customers? Who will upkeep your social media
presence? Do you have internal staff or would you need to engage an
external organisation?
What sales techniques do you use? What are your strategies behind these
techniques? How is this different/better than your competitors?
For each channel enter:

โ–ช

Channel type: What channel will you be using (e.g. Shopfront,
internet, direct mail, export or wholesale)?.
Page 10
โ–ช

Products/services: List all the products/services sold via this
channel.

โ–ช

Percentage of sales: What percentage of overall sales do you
expect to sell via this channel?

โ–ช

Distribution strategy: Why have you decided to use this
channel type? How and when will you use it? What is the
strategy behind using this channel type for this particular
product/service?

Page 11
The Finances

To complete the finances portion of this marketing plan, you should rely heavily on your
financial statements and projections. The business.gov.au Business plan template available at
www.business.gov.au/businessplan can provide you with a start-up costing, balance sheet
profit and loss, cash flow and a break-even analysis template.

Question
Price

Expected sales
Marketing budget
[YEAR] table

Explanation
What price have you determined for your products/services? Does this
price take into account all your costs including personal, start-up,
operational, cash flow and working capital? Have you also allocated a profit
margin in your costing? What price will your target market bear? Do your
prices take into account any seasonal variation to your suppliersโ€™ costs?
What are your expected sales? When do you hope to achieve these
figures? Are there seasonal influences?
Using the table
The marketing budget table contains a list of suggested marketing items a
typical business may use. When you double click on the table you can edit
these items by removing or adding rows and typing in your own items.
Remember to clearly display the year in the heading. Please note: The
table assumes all figures are GST inclusive.
Total formulas
When you add your costs, the table will automatically total your items at
the bottom of the sheet. If you are adding or removing rows please
double-check your figures to ensure the total formulas have been
preserved.
Attach your own
If you have your own marketing budget or your accountant has already
prepared one, please feel free to remove the table supplied and attach
your own. If it is a large sheet, you can always attach it to the back of
the plan and make reference to it from this section.

Page 12
Monitoring/measurement activities
Question

Explanation

Monitoring/ measurement
activities table

Reviewing the impact of your marketing should be a periodic activity. List
the details of each review in the table provided. For each marketing
activity:

โ–ช

Marketing activity: Print advertising, online advertising,
mail-out, giveaway, media release, event, website, blog/social
networking, public relations, branding and artwork, or publications
and catalogues.

โ–ช

Date of review: (e.g. Month/Year or 6 monthly).

โ–ช

Monitoring methods: What tools did you use to
measure/monitor the impact of your marketing activities?

โ–ช

Review outcomes: What were the results for the promotional
period? What were your sales/profit figures? How many
new/repeat customers did you receive? How many visitors to your
website?

Supporting documentation
Question

Explanation

Supporting
documentation

List all of your attachments here. These may include resumes, customer
survey/questionnaire and/or financial documents.

Page 13
[INSERT YOUR BUSINESS LOGO]
[Your Name]
[Your Title]
[Business Name]
[Main Business Address]
ABN: [ABN]
ACN: [ACN]

[Business Name]
Marketing Plan
Prepared: [Date prepared]

Page 14
Table of Contents
Marketing Plan Summary
The
The
The
The

Business
Future
Market
Finances

The Business

Business overview
S.W.O.T. analysis
S.W.O.T. activity sheet
Products/services
Sales/marketing personnel

The Future

Vision statement
Mission statement
Goals/objectives

The Market

Your customers/clients
Your competitors
Market research
Market targets
Environmental/industry analysis
Marketing strategy
Advertising & sales

The Finances

Price
Expected sales
Marketing budget [YEAR]

Monitoring/measurement activities
Supporting documentation
Glossary

Page 15
Marketing Plan Summary
[Please complete this page last]
[Your marketing summary should be completed last and should be no longer than a page
focussing on why your business is going to be successful. Your answers below should briefly
summarise your more detailed answers provided throughout the body of this plan.]

The Business
Business name: [Enter your business name as registered in your state/territory. If you have not
registered your business name, add your proposed business name.]
Business structure: [Sole trader, partnership, trust, company.]

ABN: [Registered Australian Business Number.]
ACN: [Registered Australian Company Number, if applicable.]
Business location: [Main business location]
Date established: [The date you started trading.]
Business owner(s): [List all of the business owners.]
Relevant owner experience: [Briefly outline your experience and/or years in the industry and any
major achievements/awards.]
Products/services: [What products/services are you selling? What is the anticipated demand for your
products/services?]

The Future
Vision statement:
[The vision statement briefly outlines your future plan for the business. It should state clearly what your
overall goals for the business are.]
Goals/objectives:
[What are your short and long term goals? What activities will you undertake to meet them?]

The Market
Target market:
[Who are you selling to? Why would they buy your products/services over others?]
Marketing strategy:
[How do you plan to enter the market? How do you intend to attract customers? How and why will this
work?]

The Finances
[Briefly outline your sales forecast. How much money will you need up-front? Where will you
obtain these funds from? What portion of funds will you be seeking from other sources? How
much of your own money are you contributing towards the business?]

Page 16
The Business
Business overview

[Who are the current business owners? What products/services does the business provide?
Where it is located? How long has it been operating?]

S.W.O.T. analysis

[List each of your businesses Strengths, Weaknesses, Opportunities or Threats (S.W.O.T.) in
the table below.]
Strengths

Weaknesses

Opportunities

Threats

Page 17
S.W.O.T. activity sheet

[Outline how and when you plan to address each of the weaknesses/threats from your
S.W.O.T. analysis above.]
S.W.O.T
Activity to address weakness/threat
Activity
weakness/
completion
threat
date

Products/services
Product/Service

Description

Price

[Product/service
name]

[Brief product/service description]

[Unit price
including GST]

Market position: [Where do your products/services fit in the market? Are they high-end,
competitive or budget? How does this compare to your competitors?]
Unique selling position: [How will your products/services succeed in the market where others
may have failed? What gives your products/services the edge?]
Anticipated demand: [What is the anticipated quantity of products/services your customers
are likely to purchase? For example, how much will an individual customer buy in 6 months or
12 months?]
Pricing strategy: [Do you have a particular pricing strategy? Why have you chosen this
strategy?]
Value to customer: [How do your customers view your products/services? Are they a
necessity, luxury or something in between?]
Growth potential: [What is the anticipated percentage growth of the product in the future?
What will drive this growth?]

Sales/marketing personnel
Job Title

Name

Responsibilities

[e.g. Marketing/
Sales Manager]

[Mr Chris Brantley]

[What are the main responsibilities
of this position?]

Page 18
The Future
Vision statement
[What is your business' vision statement? It should briefly outline your future plan for the
business and include your overall goals.]

Mission statement
[What is your business' mission statement (i.e. how will you achieve your vision)?]

Goals/objectives
[What are your short & long term goals? What activities will you undertake to meet these
goals?]

The Market
Unique selling position
[How is your business unique in the market?ย What differentiates your product/service from
others in the market? What makes your business stand out from your competition? What
product gap or service need does it fill for your customers?]

Your customers/clients
Customer demographics
[Define who your target customers are and how they behave. You can include age, gender,
social status, education and attitudes. What are their lifestyles, activities, values, needs,
interests or opinions? Where are they located?]
Key customers
[Identify your key customers. (These can be large consumers of your products/services or
individuals whose satisfaction is key to the success of your business.) How will you target your
products/services to them? How will you deliver your products/services to them?]
Customer management
[How will you maintain a good relationship with your customers? What techniques will you use?
How will you keep your customers coming back? Have you introduced customer service
standards? Do you follow any particular code of practice?

Page 19
Your competitors

[How do you rate against your competitors? How can your business improve on what they
offer?]
Competitor details
[List at least 5 competitors in the table below.]
Competitor

Established
date

Size

Market
share (%)

Value to customers

Strengths

[Competitor
name]

[When were
they
established?]

[Number of
staff and/or
turnover]

[Estimated
percentage
of market
share]

[Unique value to
customers, e.g.
convenience, quality,
price or service?]

[What are your
competitor's ma
strengths?]

Market research

[What research have you completed to help you analyse your market? Did you use a
survey/questionnaire? If so, you may like to attach a copy of your survey/questionnaire and
findings to the back of this plan.]

Market targets

[Outline your planned sales targets. What quantity of your products/services do you plan to
sell in a planned timeframe? Are they monthly or yearly targets?]

Environmental/industry analysis

[Detail the results of the market research you have performed. Is the area experiencing
population growth? Are there long-term employers in the area? Is the region's economy
stable? Are there seasonal variations?
What is the size of the market? What recent trends have emerged in the market? What
growth potential is available and where do you fit in? How will the market/customers change
when you enter the market? What external factors will affect your customers?]

Page 20
Marketing strategy

[What is you overall marketing strategy? What steps or activities will you undertake to achieve
your goals/objectives?]
Marketing activity/milestone

Person
responsible

Date of expected
completion

Cost ($)

S

[Print advertising, online advertising, mail-out,
giveaway, media release, event, website,
blog/social media, public relations, branding and
artwork, or publications and catalogues.]

[Who is
responsible for
completing this
task?]

[When do you
expect to
complete the
marketing
activity?]

[Estimated
cost of
activity.]

[
r
t
s

Advertising & sales
Advertising and promotional strategy
Planned promotion
/advertising type

Promotional strategy

Expected business improvement

[Print media
advertising, online
advertising, SMS,
mail-out, giveaway,
media release, social
media campaign or
event.]

[Why have you decided to use this
promotion/advertising type? How and when
will you use it? What is your strategy behind
this? Who will upkeep your social media
presence?]

[How do you expect it will improve y
business success?]

Social media strategy
[What do you want to achieve/communicate (brand awareness, online sales etc)? What social
media tools do your customers use (e.g. Blogs, Twitter, Facebook etc)? What strategies can
you use to network and communicate effectively with these customers? Who will upkeep your
social media presence โ€“ do you have the internal staff or would you need to engage an
external organisation]
Sales strategy
[What sales techniques do you use? What are your strategies behind these techniques? How is
this different/better than your competitors?]
Sales and distribution channels
Channel type

Products/services

Percentage of
sales (%)

Distribution strategy

[e.g. Shopfront,
internet, direct mail,
export or wholesale.]

[List all the
products/services sold
via this channel]

[What percentage
of overall sales do
you expect to sell

[Why have you decided to use th
will you use it? What is the strat
for this particular product/service

Page 21
via this channel?]

The Finances
[To complete the finances portion of this marketing plan, you should rely heavily on your
financial statements and projections. The business.gov.au Business plan template available at
www.business.gov.au/businessplan can provide you with a start-up costing, balance sheet
profit and loss, cash flow and a break-even analysis template.]

Price

[What price have you determined for your products/services? Does this price take into
account all your costs including personal, start-up, operational, cash flow and working capital?
Have you also allocated a profit margin in your costing? What price will your target market
bear? Do your prices take into account any seasonal variation to your suppliersโ€™ costs?]

Expected sales

[What are your expected sales? When do you hope to achieve these figures? Are there
seasonal influences?]

Page 22
Marketing budget [YEAR]

[Double-click the table below to enter your details or attach your own budget at the back of
this business plan.]

Page 23
Monitoring/measurement activities
[Reviewing the impact of your marketing should be a periodic activity. List the details of each
review in the table below.]
Marketing activity

Date of
review

Monitoring methods

Review outcomes

[Print advertising, online
advertising, mail-out,
giveaway, media
release, event, website,
blog/social media, public
relations, branding and
artwork, or publications
and catalogues.]

[e.g.
Month/Year]

[What tools did you use to
measure/monitor the impact
of your marketing activities?]

[What were the results for the
your sales/profit figures? How
you receive? How many custo

Supporting documentation
Attached is my supporting documentation in relation to this business plan. The attached
documents include:

โ–ช

[List all of your attachments here. These may include resumes, customer
survey/questionnaire and/or financial documents.]

Page 24
Glossary
Australian Business Number (ABN) โ€“ a single identifying number used when dealing with
other businesses and the Tax Office.
Australian Company Number (ACN) โ€“ the number allocated by the Australian Securities and
Investments Commission (ASIC) when you register a company under Corporations Law.
Blog โ€“is a shortened word for Weblog (see Weblog).
Channel โ€“ a way of delivering something to its destination, whether it is a message to be
communicated or a physical product to be delivered.
Contract โ€“ a legally enforceable agreement made between two or more parties. A contract may
be a verbal contract or a written contract (or may be partly verbal and partly written).
Demographics โ€“ the characteristics of a segment of the population, e.g. customers.
Domain name โ€“ a name that identifies an organisation's address on the internet, either a
website address (the domain name follows the 'www') or an email address (the domain name
follows the '@' symbol in the email address).
Goods and Services Tax (GST) โ€“ a broad-based tax of 10 per cent on the sale of most goods
and services in Australia.
High-end โ€“ usually refers to expensive or high quality products/services.
Market position โ€“ refers to the position an organisation, product or service has in the market,
usually in relation to its competition.
Milestone โ€“ a goal or objective with a target date.
Mission statement โ€“ is a statement outlining how an organisation intends on achieving its
vision.
Social media โ€“ a group of technology including Blogs, online networks (e.g. Twitter, Facebook,
MySpace, LinkedIn) and online collaboration tools often used to expand your network/market
reach or collaborate on a large scale.
Unique selling position โ€“ a characteristic of a business or a product/service that sets it apart
from the competition.
Vision statement โ€“ an inspiring statement that expresses an organisation's main
ambitions/goals.
Weblog โ€“ (also known as a Blog) an individual's or organisation's online website displaying a
reverse-chronological list of entries (known as posts). Posts typically include thoughts,
observations, promotions, links, images or videos. A Weblog is publically available and allows
readers to comment on posts.

Page 25

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Marketingplantemplateandguide

  • 1. business.gov.au Marketing plan template and guide A good marketing plan helps you identify your customers and competitors and develop a strategy to make your business stand out. The business.gov.au Marketing Plan template steps you through the process of creating a solid, well-structured plan tailored to your business. New! Create your marketing plan on your iPad by downloading our free MarketMyBiz iPad App. Search โ€˜MarketMyBizโ€™ in the App Store now! Copies of the latest version of this template and guide can be downloaded from www.business.gov.au/plans. If you need further information, assistance or referral about a small business issue, please contact the Small Business Support Line on 1800 77 7275. Page 1
  • 2. How to use this template Before you complete this marketing plan template and start using it, consider the following: 1. Do your research. You will need to make quite a few decisions about your business including structure, marketing strategies and finances before you can complete the template. By having the right information to hand you also can be more accurate in your forecasts and analysis. 2. Determine who the plan is for. Does it have more than one purpose? Will it be used internally or will third parties be involved? Deciding the purpose of the plan can help you target your answers. If third parties are involved, find out what are they interested in. 3. Do not attempt to fill in the template from start to finish. First decide which sections are relevant for your business and set aside the sections that donโ€™t apply. You can always go back to the other sections later. 4. Use the [italicised text]. The italicised text is there to help guide you by providing some more detailed questions you may like to answer when preparing your response. Please note: If a question does not apply to your circumstances it can be ignored. 5. Use the marketing plan guide. The marketing plan guide below contains general advice on marketing planning and a complete overview with details on each question asked in the marketing plan template. 6. Get some help. If you arenโ€™t confident in completing the plan yourself, you can enlist the help of a professional (i.e. Enterprise Connect Centre, Business Enterprise Centre, business adviser or accountant) to look through your plan and provide you with advice. 7. Write your summary last. Use as few words as possible. You want to get to the point but not overlook important facts. This is your opportunity to sell yourself. But donโ€™t overdo it. You want third parties to quickly read your plan, find it realistic and be motivated by what they read. 8. Review. Review. Review. Your marketing plan is there to make a good impression. Errors will only detract from your professional image. So ask a number of impartial people to proofread your final plan. 9. Print. Before you print a copy of your completed marketing plan, ensure you delete the first section containing the guide as well as the [italicised text]. To print a copy, select the Printer icon on the toolbar, or select File then Print on the main menu. Scan to watch our marketing plan video: Page 2
  • 3. Marketing Plan Guide Marketing planning A marketing plan assists you to integrate your total marketing effort. It ensures a systematic approach to developing products and services to meet and satisfy your customersโ€™ needs. When you're writing a marketing plan you need to be clear about your objectives and how you'll achieve them. A good marketing plan sets clear, realistic and measurable objectives, includes deadlines, provides a budget and allocates responsibilities. A plan can consist of these elements: โ— analysis of your current market โ— your business objectives โ— key strategies โ— steps to achieving your objectives โ— proposed budget โ— timing. Remember that your marketing plan should remain an ongoing process throughout the life of your business. What to do... โ–ช โ–ช Contact your nearest Business Enterprise Centre (BEC) for free advice and support. Check if your local BEC or state business agency hosts a marketing planning workshop near you. โ–ช Contact an Enterprise Connect centre for help with planning, growing, skills development, competitiveness and productivity. Search for networking, mentoring or training events and seminars on the business.gov.au Events calendar. Contact a business adviser, accountant or solicitor for advice. โ–ช โ–ช Regular review Marketing planning is an ongoing business activity. As your business changes many of the strategies in your plan will need to evolve to ensure you business is still heading in the right direction. Having your plan up to date can keep you focussed on where you are heading and ensure you are ready when you need it again. Page 3
  • 4. Advice & support There are a number of government services available to help you plan, start or grow your business. These services can provide general advice, workshops, seminars and networking events, and can even match you with a mentor or business coach. Attending business events Small business workshops and seminars are run regularly in most areas of Australia, and deal with issues such as planning, marketing, innovation, employing staff and exporting. You may also find it useful to attend networking events to help expand your business. By developing networks, you can keep up to date on industry and local information, promote your business through new contacts and learn key skills from other businesses. Taking on a mentor or business coach Participating in mentoring or coaching programs can help you develop a greater understanding of business processes and practices, and equip you with the skills you need to grow and improve your business. What to do... โ–ช โ–ช โ–ช โ–ช โ–ช Contact your nearest Business Enterprise Centre (BEC) ย for assistance with your planning process. Check if your local BEC or state business agency hosts a marketing workshop near you. Contact an Enterprise Connect centre for help with planning, growing, skills development, competitiveness and productivity. Search for networking, mentoring or training events and seminars on the business.gov.au Events calendar. Contact a business adviser, accountant or solicitor for advice. Page 4
  • 5. Template overview This template overview provides details on each question asked throughout the marketing plan template as well as links to further information. When you start answering a question in your marketing plan, you can refer to the relevant question below to help guide your answer. Title page Question Explanation Insert your business logo Adding a logo helps give your business a more professional image. Your name Enter the business owner's name. Enter multiple names if there are multiple owners. Your title The titles of the business owner(s) listed above, e.g. Owner/Manager Business name Enter your business name as registered in your state/territory. Main business address Enter your main business address. This can be your home address if you are a home-based business or your head office if you have more than one location. ABN Enter your Australian Business Number. If you are a business and have registered for an ABN enter it here. ACN Enter your Australian Company Number. Only fill this in if you are a company. Prepared The date you finished preparing your marketing plan. Table of Contents If you have changed this template in any way, please remember to update the table of contents to reflect the changes. Page 5
  • 6. Marketing plan summary Your marketing summary should be no longer than a page and should focus on why your business is going to be successful. Your answers should briefly summarise your more detailed answers provided throughout the body of your plan. Question The Business Explanation Business name Enter your business name as registered in your state/territory. If you have not registered your business name, add your proposed business name. Business structure Is your business a sole trader, partnership, trust or company? ABN Enter your Australian Business Number (ABN). If you are a business and have registered for an ABN enter it here. ACN Enter your Australian Company Number (ACN). Only fill this in if you are a company. Business location Enter your main business location such as your city/town. Briefly describe the location and space occupied/required. Date established The date you started trading. Whether it was the date you opened your doors or the date your purchased business opened its doors. Business owner(s) List the names of all business owners. Relevant owner experience Briefly outline your experience and/or years in the industry and any major achievements/awards. Products/services What products/services are you selling? What is the anticipated demand for your products/services? These answers should briefly summarise your answers under the main products/services section. The Future Vision statement The vision statement briefly outlines your future plan for the business. It should state clearly what your overall goals for the business are. To keep it brief you may prefer to use dot points in your summary. Goals/objectives What are your short and long term goals? What activities will you undertake to meet them? The Market Target market Who are you selling to? Why would they buy your products/services over others? This answer should briefly summarise your answers under the main Market section. Marketing strategy How do you plan to enter the market? How do you intend to attract customers? How and why will this work? This answer should briefly summarise your answers under the main Market section. Page 6
  • 7. Question The Finances Explanation The finances Briefly outline your sales forecast. How much money will you need up-front? Where will you obtain these funds? What portion will you be seeking from other sources? How much of your own money are you contributing towards the business? Your answers can be quite brief in the summary. They should give the reader a quick idea of your current financial position. Where you are heading financially and how much you need to get there. You can provide more detail in the main Finances section. The Business Question Business overview Business overview Explanation Who are the current business owners? What does the business do/sell? Where it is located? How long has it been operating? S.W.O.T. analysis S.W.O.T. analysis table List each of your businesses Strengths, Weaknesses, Opportunities or Threats (S.W.O.T) in the table supplied. For example: โ–ช โ–ช Weakness: (e.g. location of your business). โ–ช Opportunity: (e.g. new export opportunity available). โ–ช S.W.O.T. activity sheet Strengths: (e.g. experience in the industry). Threat: (e.g. new competitor entering the market). List each weakness/threat, the activities you will undertake to reduce/address each and the date of expected completion. Product/services Product/services table List each product/service your business currently offers. Provide a description and unit price (including GST) amount for each. Market position Where do your products/services fit in the market? Are they high-end, competitive or a low-cost alternative to the products/services offered by your competitors? How does this compare to your competitors? Unique selling position How will your products/services succeed in the market where others may have failed? What gives your products/services a distinctive edge? Anticipated demand What is the anticipated quantity of products/services your customers are likely to purchase? For example, how much will an individual customer buy in 6 months or 12 months? Pricing strategy Do you have a particular pricing strategy? Why have you chosen this strategy? To help you develop your pricing strategy, you could refer to your customer research, market position, anticipated demand and Page 7
  • 8. costs/expenses to get an idea. Whatever strategy you use when setting your price, you will also need to adhere to any relevant fair trading legislation or codes of conduct. Value to customer How do your customers value your products/services? Are they a necessity, luxury or something in between? Growth potential What is the anticipated percentage growth of the product in the future? What will drive this growth? To help you determine this growth potential, you could refer to your region/industry research to get an idea of any industry/regional growth that could affect your business in a positive way. You could also look up any social trends that may have a positive affect on your business. Sales/marketing personnel Sales/marketing personnel table List your current staff in the table provided. Outline each job title, name of the employee in the position and the main responsibilities related to the position. You may also like to attach a copy of their resume to the back of your plan. The Future Question Vision statement Explanation Mission statement What is your business' mission statement (i.e. how will you achieve your vision)? Goals/objectives What are your short & long term goals? What activities will you undertake to meet them? What is your business' vision statement? It should briefly outline your future plan for the business and include your overall goals. The Market Question Explanation Unique selling position How is your business unique in the market?ย What differentiates your product/service from others in the market? What makes your business stand out from your competition? What product gap or service need does it fill for your customers? Your customers/clients Customer demographics Define who your target customers are and how they behave. You can include age, gender, social status, education and attitudes. What are their lifestyles, activities, values, needs, interests or opinions? Where are they located? Key customers Identify your key customers. (These can be large consumers of your products or individuals whose satisfaction is key to the success of your business.) How will you target your products/service to them? How will you deliver your product/service to them? Page 8
  • 9. Customer management How will you maintain a good relationship with your customers? What techniques will you use? How will you keep your customers coming back? Have you introduced customer service standards? Do you follow any particular code of practice? Your competitors Your competitors How do you rate against your competitors? How can your business improve on what they offer? Competitor details table List at least 5 competitors in the table. For each competitor enter: โ–ช Competitor: Competitor name. โ–ช Established date: When were they established? โ–ช Size: Number of staff and/or turnover. โ–ช Market share (%): Estimated percentage of market share. โ–ช Value to customers: Unique value to customers. Why they would do business with your competitor? For example: convenience, quality, price or service? โ–ช Strengths: What are your competitor's main strengths? โ–ช Weaknesses: What are your competitor's main weaknesses? Market research What statistical research have you completed to help you analyse your market? Did you use a survey/questionnaire? If so, you may like to attach a copy of your survey/questionnaire to the back of this plan. Market targets Outline your planned sales targets. These targets need to be realistic and achievable. What quantity of your products/services do you plan to sell in a planned timeframe? Are they monthly or yearly targets? For example, you may set yourself a goal of selling 1 000 products in 12 months. Environmental/industry analysis Detail the results of the market research you have performed. Is the area experiencing population growth? Are there long-term employers in the area? Is the region's economy stable? Are there seasonal variations? What is the size of the market? What recent trends have emerged in the market? What growth potential is available and where do you fit in? How will the market/customers change when you enter the market? What external factors will affect your customers? A good place to start when researching your regional profile is the Australian Bureau of Statistics website. The regional profile information includes economy, population/people, industry and environment/energy statistics. Marketing strategy What is your overall marketing strategy? What steps or activities will you undertake to achieve your goals/objectives? For each marketing activity/milestone: Page 9
  • 10. โ–ช Marketing activity/milestone: Print advertising, online advertising, mail-out, giveaway, media release, event, website, blog/social media, public relations, branding and artwork, or publications and catalogues. โ–ช Person responsible: Who is responsible for completing this task? โ–ช Date of expected completion: When do you expect to complete the marketing activity? โ–ช Cost ($): Estimated cost of activity. โ–ช Success indicator: What indicator/ measurement result will need to be met before this activity is considered a success? Advertising & sales Advertising and promotional strategy table For each promotion/advertising: Expected business improvement: How do you expect it will improve your business success? โ–ช Cost ($): What is the cost of each planned activity? โ–ช Sales and distribution channels table Promotional strategy: Why have you decided to use this promotion/advertising type? How and when will you use it? What is your strategy behind this? Who will upkeep your social media presence? โ–ช Sales strategy Planned promotion/advertising type: What is the promotion/advertising type being used (e.g. Print media advertising, online advertising, SMS, mail-out, giveaway, media release, social media campaign or event)? โ–ช Social media strategy โ–ช Target date: When do you expect to complete each activity? What do you want to achieve/communicate (brand awareness, online sales etc)? What social media tools do your customers use (e.g. Blogs, Twitter, Facebook etc)? What strategies can you use to network and communicate effectively with these customers? Who will upkeep your social media presence? Do you have internal staff or would you need to engage an external organisation? What sales techniques do you use? What are your strategies behind these techniques? How is this different/better than your competitors? For each channel enter: โ–ช Channel type: What channel will you be using (e.g. Shopfront, internet, direct mail, export or wholesale)?. Page 10
  • 11. โ–ช Products/services: List all the products/services sold via this channel. โ–ช Percentage of sales: What percentage of overall sales do you expect to sell via this channel? โ–ช Distribution strategy: Why have you decided to use this channel type? How and when will you use it? What is the strategy behind using this channel type for this particular product/service? Page 11
  • 12. The Finances To complete the finances portion of this marketing plan, you should rely heavily on your financial statements and projections. The business.gov.au Business plan template available at www.business.gov.au/businessplan can provide you with a start-up costing, balance sheet profit and loss, cash flow and a break-even analysis template. Question Price Expected sales Marketing budget [YEAR] table Explanation What price have you determined for your products/services? Does this price take into account all your costs including personal, start-up, operational, cash flow and working capital? Have you also allocated a profit margin in your costing? What price will your target market bear? Do your prices take into account any seasonal variation to your suppliersโ€™ costs? What are your expected sales? When do you hope to achieve these figures? Are there seasonal influences? Using the table The marketing budget table contains a list of suggested marketing items a typical business may use. When you double click on the table you can edit these items by removing or adding rows and typing in your own items. Remember to clearly display the year in the heading. Please note: The table assumes all figures are GST inclusive. Total formulas When you add your costs, the table will automatically total your items at the bottom of the sheet. If you are adding or removing rows please double-check your figures to ensure the total formulas have been preserved. Attach your own If you have your own marketing budget or your accountant has already prepared one, please feel free to remove the table supplied and attach your own. If it is a large sheet, you can always attach it to the back of the plan and make reference to it from this section. Page 12
  • 13. Monitoring/measurement activities Question Explanation Monitoring/ measurement activities table Reviewing the impact of your marketing should be a periodic activity. List the details of each review in the table provided. For each marketing activity: โ–ช Marketing activity: Print advertising, online advertising, mail-out, giveaway, media release, event, website, blog/social networking, public relations, branding and artwork, or publications and catalogues. โ–ช Date of review: (e.g. Month/Year or 6 monthly). โ–ช Monitoring methods: What tools did you use to measure/monitor the impact of your marketing activities? โ–ช Review outcomes: What were the results for the promotional period? What were your sales/profit figures? How many new/repeat customers did you receive? How many visitors to your website? Supporting documentation Question Explanation Supporting documentation List all of your attachments here. These may include resumes, customer survey/questionnaire and/or financial documents. Page 13
  • 14. [INSERT YOUR BUSINESS LOGO] [Your Name] [Your Title] [Business Name] [Main Business Address] ABN: [ABN] ACN: [ACN] [Business Name] Marketing Plan Prepared: [Date prepared] Page 14
  • 15. Table of Contents Marketing Plan Summary The The The The Business Future Market Finances The Business Business overview S.W.O.T. analysis S.W.O.T. activity sheet Products/services Sales/marketing personnel The Future Vision statement Mission statement Goals/objectives The Market Your customers/clients Your competitors Market research Market targets Environmental/industry analysis Marketing strategy Advertising & sales The Finances Price Expected sales Marketing budget [YEAR] Monitoring/measurement activities Supporting documentation Glossary Page 15
  • 16. Marketing Plan Summary [Please complete this page last] [Your marketing summary should be completed last and should be no longer than a page focussing on why your business is going to be successful. Your answers below should briefly summarise your more detailed answers provided throughout the body of this plan.] The Business Business name: [Enter your business name as registered in your state/territory. If you have not registered your business name, add your proposed business name.] Business structure: [Sole trader, partnership, trust, company.] ABN: [Registered Australian Business Number.] ACN: [Registered Australian Company Number, if applicable.] Business location: [Main business location] Date established: [The date you started trading.] Business owner(s): [List all of the business owners.] Relevant owner experience: [Briefly outline your experience and/or years in the industry and any major achievements/awards.] Products/services: [What products/services are you selling? What is the anticipated demand for your products/services?] The Future Vision statement: [The vision statement briefly outlines your future plan for the business. It should state clearly what your overall goals for the business are.] Goals/objectives: [What are your short and long term goals? What activities will you undertake to meet them?] The Market Target market: [Who are you selling to? Why would they buy your products/services over others?] Marketing strategy: [How do you plan to enter the market? How do you intend to attract customers? How and why will this work?] The Finances [Briefly outline your sales forecast. How much money will you need up-front? Where will you obtain these funds from? What portion of funds will you be seeking from other sources? How much of your own money are you contributing towards the business?] Page 16
  • 17. The Business Business overview [Who are the current business owners? What products/services does the business provide? Where it is located? How long has it been operating?] S.W.O.T. analysis [List each of your businesses Strengths, Weaknesses, Opportunities or Threats (S.W.O.T.) in the table below.] Strengths Weaknesses Opportunities Threats Page 17
  • 18. S.W.O.T. activity sheet [Outline how and when you plan to address each of the weaknesses/threats from your S.W.O.T. analysis above.] S.W.O.T Activity to address weakness/threat Activity weakness/ completion threat date Products/services Product/Service Description Price [Product/service name] [Brief product/service description] [Unit price including GST] Market position: [Where do your products/services fit in the market? Are they high-end, competitive or budget? How does this compare to your competitors?] Unique selling position: [How will your products/services succeed in the market where others may have failed? What gives your products/services the edge?] Anticipated demand: [What is the anticipated quantity of products/services your customers are likely to purchase? For example, how much will an individual customer buy in 6 months or 12 months?] Pricing strategy: [Do you have a particular pricing strategy? Why have you chosen this strategy?] Value to customer: [How do your customers view your products/services? Are they a necessity, luxury or something in between?] Growth potential: [What is the anticipated percentage growth of the product in the future? What will drive this growth?] Sales/marketing personnel Job Title Name Responsibilities [e.g. Marketing/ Sales Manager] [Mr Chris Brantley] [What are the main responsibilities of this position?] Page 18
  • 19. The Future Vision statement [What is your business' vision statement? It should briefly outline your future plan for the business and include your overall goals.] Mission statement [What is your business' mission statement (i.e. how will you achieve your vision)?] Goals/objectives [What are your short & long term goals? What activities will you undertake to meet these goals?] The Market Unique selling position [How is your business unique in the market?ย What differentiates your product/service from others in the market? What makes your business stand out from your competition? What product gap or service need does it fill for your customers?] Your customers/clients Customer demographics [Define who your target customers are and how they behave. You can include age, gender, social status, education and attitudes. What are their lifestyles, activities, values, needs, interests or opinions? Where are they located?] Key customers [Identify your key customers. (These can be large consumers of your products/services or individuals whose satisfaction is key to the success of your business.) How will you target your products/services to them? How will you deliver your products/services to them?] Customer management [How will you maintain a good relationship with your customers? What techniques will you use? How will you keep your customers coming back? Have you introduced customer service standards? Do you follow any particular code of practice? Page 19
  • 20. Your competitors [How do you rate against your competitors? How can your business improve on what they offer?] Competitor details [List at least 5 competitors in the table below.] Competitor Established date Size Market share (%) Value to customers Strengths [Competitor name] [When were they established?] [Number of staff and/or turnover] [Estimated percentage of market share] [Unique value to customers, e.g. convenience, quality, price or service?] [What are your competitor's ma strengths?] Market research [What research have you completed to help you analyse your market? Did you use a survey/questionnaire? If so, you may like to attach a copy of your survey/questionnaire and findings to the back of this plan.] Market targets [Outline your planned sales targets. What quantity of your products/services do you plan to sell in a planned timeframe? Are they monthly or yearly targets?] Environmental/industry analysis [Detail the results of the market research you have performed. Is the area experiencing population growth? Are there long-term employers in the area? Is the region's economy stable? Are there seasonal variations? What is the size of the market? What recent trends have emerged in the market? What growth potential is available and where do you fit in? How will the market/customers change when you enter the market? What external factors will affect your customers?] Page 20
  • 21. Marketing strategy [What is you overall marketing strategy? What steps or activities will you undertake to achieve your goals/objectives?] Marketing activity/milestone Person responsible Date of expected completion Cost ($) S [Print advertising, online advertising, mail-out, giveaway, media release, event, website, blog/social media, public relations, branding and artwork, or publications and catalogues.] [Who is responsible for completing this task?] [When do you expect to complete the marketing activity?] [Estimated cost of activity.] [ r t s Advertising & sales Advertising and promotional strategy Planned promotion /advertising type Promotional strategy Expected business improvement [Print media advertising, online advertising, SMS, mail-out, giveaway, media release, social media campaign or event.] [Why have you decided to use this promotion/advertising type? How and when will you use it? What is your strategy behind this? Who will upkeep your social media presence?] [How do you expect it will improve y business success?] Social media strategy [What do you want to achieve/communicate (brand awareness, online sales etc)? What social media tools do your customers use (e.g. Blogs, Twitter, Facebook etc)? What strategies can you use to network and communicate effectively with these customers? Who will upkeep your social media presence โ€“ do you have the internal staff or would you need to engage an external organisation] Sales strategy [What sales techniques do you use? What are your strategies behind these techniques? How is this different/better than your competitors?] Sales and distribution channels Channel type Products/services Percentage of sales (%) Distribution strategy [e.g. Shopfront, internet, direct mail, export or wholesale.] [List all the products/services sold via this channel] [What percentage of overall sales do you expect to sell [Why have you decided to use th will you use it? What is the strat for this particular product/service Page 21
  • 22. via this channel?] The Finances [To complete the finances portion of this marketing plan, you should rely heavily on your financial statements and projections. The business.gov.au Business plan template available at www.business.gov.au/businessplan can provide you with a start-up costing, balance sheet profit and loss, cash flow and a break-even analysis template.] Price [What price have you determined for your products/services? Does this price take into account all your costs including personal, start-up, operational, cash flow and working capital? Have you also allocated a profit margin in your costing? What price will your target market bear? Do your prices take into account any seasonal variation to your suppliersโ€™ costs?] Expected sales [What are your expected sales? When do you hope to achieve these figures? Are there seasonal influences?] Page 22
  • 23. Marketing budget [YEAR] [Double-click the table below to enter your details or attach your own budget at the back of this business plan.] Page 23
  • 24. Monitoring/measurement activities [Reviewing the impact of your marketing should be a periodic activity. List the details of each review in the table below.] Marketing activity Date of review Monitoring methods Review outcomes [Print advertising, online advertising, mail-out, giveaway, media release, event, website, blog/social media, public relations, branding and artwork, or publications and catalogues.] [e.g. Month/Year] [What tools did you use to measure/monitor the impact of your marketing activities?] [What were the results for the your sales/profit figures? How you receive? How many custo Supporting documentation Attached is my supporting documentation in relation to this business plan. The attached documents include: โ–ช [List all of your attachments here. These may include resumes, customer survey/questionnaire and/or financial documents.] Page 24
  • 25. Glossary Australian Business Number (ABN) โ€“ a single identifying number used when dealing with other businesses and the Tax Office. Australian Company Number (ACN) โ€“ the number allocated by the Australian Securities and Investments Commission (ASIC) when you register a company under Corporations Law. Blog โ€“is a shortened word for Weblog (see Weblog). Channel โ€“ a way of delivering something to its destination, whether it is a message to be communicated or a physical product to be delivered. Contract โ€“ a legally enforceable agreement made between two or more parties. A contract may be a verbal contract or a written contract (or may be partly verbal and partly written). Demographics โ€“ the characteristics of a segment of the population, e.g. customers. Domain name โ€“ a name that identifies an organisation's address on the internet, either a website address (the domain name follows the 'www') or an email address (the domain name follows the '@' symbol in the email address). Goods and Services Tax (GST) โ€“ a broad-based tax of 10 per cent on the sale of most goods and services in Australia. High-end โ€“ usually refers to expensive or high quality products/services. Market position โ€“ refers to the position an organisation, product or service has in the market, usually in relation to its competition. Milestone โ€“ a goal or objective with a target date. Mission statement โ€“ is a statement outlining how an organisation intends on achieving its vision. Social media โ€“ a group of technology including Blogs, online networks (e.g. Twitter, Facebook, MySpace, LinkedIn) and online collaboration tools often used to expand your network/market reach or collaborate on a large scale. Unique selling position โ€“ a characteristic of a business or a product/service that sets it apart from the competition. Vision statement โ€“ an inspiring statement that expresses an organisation's main ambitions/goals. Weblog โ€“ (also known as a Blog) an individual's or organisation's online website displaying a reverse-chronological list of entries (known as posts). Posts typically include thoughts, observations, promotions, links, images or videos. A Weblog is publically available and allows readers to comment on posts. Page 25