Marketing Plan who is person in charge in the company to prepare it & which companies needs marketing plan?

November 5th, 2011 | by admin |
marketing
war_1948 asked:


Who should prepare the marketing plan is it enough for one person to prepare it?
What type of companies needs marketing plan for example Investment Company needs a marketing plan?

Renee

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    2. By Biz Advisor on Nov 7, 2011 | Reply

      Typically the Marketing VP or Manager or Director (senior marketer) is responsible for the marketing plan, although she/he also has input from other departments such as sales, operations, finance, product development. In a small business, one person can be responsible for developing the marketing plan.

      All businesses need a marketing plan: it is the foundation for sales (without marketing planning, sales can be a scattered effort).

      Yes an Investment Company needs a marketing plan: what’s the market segmentation, target market, product differentiation, product life-cycle, promotion plan, pricing strategy, distribution program and so much more.

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