Company Marketing plan (draft) 01.01.2008 [insert your logo] This is the Basic 08 version of our marketing plan outline. For the full 35 page detailed version, [x08] visit: http://www.stokestore.com Hope you find the plan useful! Drop me a note to let me know what you think or if there is anyway I can assist you in planning or executing your marketing programs. Regards, Mike Wilson, President, idea34 communications, inc. mikew@idea34.com | www.idea34communications.com | 508-285-7785 2008 marketing plan: © idea34. all rights reserved. Page 1 Confidential Marketing plan:.b08 (v.01) 2008 marketing plan: © idea34. all rights reserved. Page 2 Confidential Content outline I. II. III. IV. V. VI. VII. VIII. IX. X. Business Goals Communications Goals Competitive Review Value Proposition Brand/Product Sales Messages Pricing Marketing Communications Programs Budget Timeline More! 2008 marketing plan: © idea34. all rights reserved. Page 3 Confidential I. Business Goals Brand value goal: (i.e. stock value up 10% in 2006) Sales Goal: (i.e. 500 leads per quarter) Marketing Organizational Goal: (i.e. hire PR agency, in-source web systems) People and Knowledge goals: (i.e. improve awareness, conduct customer survey) 2008 marketing plan: © idea34. all rights reserved. Page 4 Confidential II. Our Communications Goals: Brand Goal: (i.e. awareness up 10% in 2006) Sales Support: (i.e. improve online leads +25%) Marketing Process Improvements: (i.e. complete closed-loop process, establish metrics) People goals: (i.e. hire team, internal communications program) 2008 marketing plan: © idea34. all rights reserved. Page 5 Confidential III. Competitive Review Competitors are either expensive and proprietary or inexpensive and time consuming. Our advantage is [x]: Category Category Real or perceived category position Competitor 1 Seen as the leader because of good PR and Analyst support Competitor 2 Unknown, very product focused Competitor 3 Seen as a good value with good partnerships Company Company Real or perceived market position Competitor 1 Expensive, proprietary Competitor 2 Low-cost, poor service Competitor 3 Does a good job with service, products lack partners Product Product Real or perceived product position Competitor 1 Flagship product is perceived as a leader, lacks quality Competitor 2 Delivery and implementation has been a serious problem Competitor 3 Great customer names and usage stories 2008 marketing plan: © idea34. all rights reserved. Page 6 Confidential IV. Value Proposition The target audience discussion, product discussion, category discussion and competitive market discussion all culminate in the value proposition. The most common model is as follows: Basic Value Proposition Model To ____________ (target audience), ________(brand) is the ___________(frame of reference) that ________________ (point of difference). An example for idea34 communications: To businesses and brands, idea34 communications is the marketing communications agency that brings new ideas that build business. 2008 marketing plan: © idea34. all rights reserved. Page 7 Confidential V. Brand/Product Sales Messages What we say in sales, literature, web, outbound communication consistently. Features Most important feature 1 Most important feature 2 Most important feature 3 Benefits Most important benefit to consumer 1 Most important benefit to consumer 2 Most important benefit to consumer 3 Differences Competitive difference 1 Competitive difference 2 Competitive difference 3 Proof Fact we use to substantiate our claim 1 Fact we use to substantiate our claim 2 Fact we use to substantiate our claim 3 Support What others say about us 1 What others say about us 2 What others say about us 3 2008 marketing plan: © idea34. all rights reserved. Page 8 Confidential VI. Pricing Basic pricing model (“the perfect sale would be…”) Example 1: Current pricing model includes the following components: Hardware Software Service Options Platinum Plus Support Total $25,000 $10,000 $10,000 $1,000 $4,000 $50,000 initial sale Example 2: Average retail sale would include: Initial purchase Accessories Monthly Service Incremental sales Customer value $99.00 $29.00 $10.00 x 12 $75.00 $323.00 annual median Volume Discounts Typically, volume discounts are afforded to larger, direct corporate accounts where the business does not go through the channel. This policy and the corresponding price schedule needs to be defined. 2008 marketing plan: © idea34. all rights reserved. Page 9 Confidential VII. Marketing Communications A basic overview of targeting for launching a company, new product or product and/or company into a new market: “The Elite 5%”- Core influencers and innovators to establish the market “The First 25%” –The early adopters and full price buyers “The Profitable 50%” Launch First year Second year –The early majority Goals (Examples) Articulate the Brand essence, Value proposition, and Company personality Define a tone of voice, attitude, and style Determine who the first 500 buyers are Review Industry issues/trends/practices, identify industry influencers Lay the ground work for positioning the new company/product Gather market intelligence to uncover the best way to communicate with all constituents Analyze what competitors are doing to sell product Find how to best attract and communicate with retailers/resellers Define sales support programs Coordinate media and analyst relations Generate X leads per quarter 2008 marketing plan: © idea34. all rights reserved. Page 10 Confidential VIII. Budget summary The following budget is an estimate for planning purposes only. It is based on the comprehensive plan described in this proposal overlaid against budget guidelines provided. Brand, name, research, identity Website Design/Development $ 00.00 $ 00.00 Sales Materials Development Channel Marketing Programs $ 00.00 $ 00.00 Direct Marketing Program Advertising Public Relations Marketing Measurement, Surveys, Research Staff, events support, miscellaneous $ $ $ $ $ 00.00 00.00 00.00 00.00 00.00 total $ 00.00 Option: payment broken into monthly fee $ 00.00 [note: this is a simplified top-line budget for external marketing programs, you may consider including internal fees like salaries as well and/or adding a revenue/ROI calculation for cost per product/sale etc] 2008 marketing plan: © idea34. all rights reserved. Page 11 Confidential IX. Timeline The basic timeline is as follows: Q1 Q2 Q3 Q4 Brand, name, research, identity $ 00.00 $ 00.00 $ 00.00 $ 00.00 Website Design/Development $ 00.00 $ 00.00 $ 00.00 $ 00.00 Sales materials development $ 00.00 $ 00.00 $ 00.00 $ 00.00 Channel Marketing Programs $ 00.00 $ 00.00 $ 00.00 $ 00.00 Direct marketing $ 00.00 $ 00.00 $ 00.00 $ 00.00 Advertising $ 00.00 $ 00.00 $ 00.00 $ 00.00 Public Relations $ 00.00 $ 00.00 $ 00.00 $ 00.00 Marketing Measurement, Surveys, Research $ 00.00 $ 00.00 $ 00.00 $ 00.00 Miscellaneous $ 00.00 $ 00.00 $ 00.00 $ 00.00 Totals $ 00.00 $ 00.00 $ 00.00 $ 00.00 2008 marketing plan: © idea34. all rights reserved. Page 12 Confidential X. More! This is the Basic 08 version of our marketing plan outline. For the full 35 page detailed version, [x08] visit: http://www.stokestore.com If you need more help in the marketing and planning process, or need some help with any of the following, let me know. We help your business grow with ideas for: Brand Strategy, Planning and Market Research Marketing Strategy and Plan Development Advertising, Media Strategy, Planning and Buying Public Relations, Content and News Creation Direct Response, Event and Lead Generation Programs Online Marketing and Loyalty Programs Sales Support Material Design and Development Channel, Partner and Co-op Programs Web site Design, Development and Promotion Corporate, Product and Product Family Identity Design Search engine optimization E-mail marketing programs Regards, Mike Wilson, President, idea34 communications, inc. mikew@idea34.com | www.idea34communications.com | 508-285-7785 2008 marketing plan: © idea34. all rights reserved. Page 13 Confidential