>Audrey Torres Question By: Audrey Torres  Posted in: Business

How to do marketing planning?

There are five steps required to develop a well-crafted, tactical marketing plan, including the following:

1)Conduct a situation analysis:- It defines potential customers, evaluates projected growth, assesses competitors, and makes a realistic evaluation of your business.

2)Define your target audience:- Your target audience might involve customers of a certain age, gender, location, and patients with certain clinical needs.

3)Write smart goals:- Your objectives must be specific, measurable, attainable, realistic, and timely.

4)Set your budget:- You need to examine your financial information and come up with a marketing budget.

5)Develop marketing strategies:- Once your budget is in place, you can begin to define specific marketing strategies that allow you to achieve your goals, reach your target audience and build your patient base.

Amelia RogersAnswer By: Amelia Rogers