Starting your Marketing Plan\tThis week, you will describe the\u00a0target market\u00a0and the “Place”\ufffd or distribution- the third “P”\ufffd of the four “Ps”\ufffd that address the target market in your marketing plan.\tProduct\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPromotion or\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tTarget\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\trelationship\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPrice\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMarket\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tbuilding\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\tPlace or\u00a0Distribution\tIn the Target Market section:\tDescribe your target market. For example if you are going to have a restaurant, are your customers local? Is there a certain income bracket of customer in your target market? Is it mainly a business crowd for lunch or a college crowd for evening pub-type offerings? Is your market mainly males or females? Is there a certain age?\t\u00a0Use the following database to research your target market:\tGo to the international database on the left hand navigation and then populate the kind of report you want, for what years, and select your countries.\t\u00a0In the Place section:\tDescribe where your business will be located. For example, will it be in the vicinity of 4th and Central in New Brunswick. Is it Internet-based? (If so, you will still have a target market\t“\ufffd it will not be everybody everywhere).\t\t\u00a0\tUnit 7\u00a0[209: Small Business Management]\tDescribe how your location caters to your target market. If yours is an Internet or manufacturing business, describe how you will\u00a0distribute\u00a0product\/services to your target customers. Summarize these two sections of your marketing plan in a Word document in APA format and citation style and be sure to the section headings above so your instructor can follow your thinking.\tThen submit your minimum 1″\ufffd2 page paper (including an additional title and reference page) and submit this to the Unit 7 Dropbox.<\/p>\n","protected":false},"excerpt":{"rendered":"
Starting your Marketing Plan This week, you will describe the\u00a0target market\u00a0and the “Place”\ufffd or distribution- the third “P”\ufffd of the four “Ps”\ufffd that address the target market in your marketing plan. Product \u00a0 Promotion or Target \u00a0 \u00a0 relationship Price Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-199097","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=199097"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199097\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=199097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=199097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=199097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}