| Internet Marketing - Online Business - Work At Home Lobby If you are just starting out in internet business, this is the place to ask your questions. If you are an experienced internet marketer, share your ideas, suggestions, recommendations, business models or anything that can be useful to help all of us make money online. |
![]() |
| | LinkBack | Thread Tools | Display Modes |
| | #1 (permalink) |
| Status: Junior Member Join Date: Apr 2011 Posts: 3
![]() | A marketing plan should be constructed for any planned products. The marketing plan can be used as a guide, road map, or compass to assist developers in promoting and marketing their software. Application Identify Benefits Identify the application benefits to a potential user. Identify Emphasis Identify how you wish to define your application. Will price distinguish your software? Will the feature set be the identifying feature? Perhaps the customer service your company will provide will distinguish you from competitors. Target Audience Identify Your Primary Market Determine the software application's primary audience. Determine how you will reach that audience. Identify Niche Markets Identify any vertical markets which your product might do well in. Strategize on how you will reach any niche markets. If you are targeting an existing market, identify the market segment you wish to penetrate. Competitive Analysis Identify and Evaluate Competition Evaluate the marketing of the competition. How does your product or service measure up? How does the price compare? How do the features and benefits compare? Use this information to distinguish your product, and create a unique selling proposition. Determine Marketshare How large is the market that you are selling into? What percentage of the market is dominated by competitors. Develop a Marketing Strategy In addition to planning a product launch you will need to create an advertising plan. Promotion How will you advertise? Where will you advertise? How will you measure the results of any promotion, marketing, or advertising? What "spin" will you use and for what audience? In addition to brainstorming, support each section with facts. This is critical if you are looking for investments. Example: If you hypothesize that many churches will use your software, explain why. Analyze statistical data related to churches. Determine how you will reach them and why that venue might be well suited to this specific target audience. While a marketing plan should be used to guide your marketing efforts, it is not written in stone. Adapt the marketing plan based on the results. If you find that you are generating sales in an unrecognized niche and feel it deserves further exploration, adapt your plan accordingly. |
| | |
![]() |
| Thread Tools | |
| Display Modes | |
| |