GB 530 MENTOR Motivated Minds/gb530mentor.com GB 530 MENTOR Motivated Minds/gb530mentor.com | Page 21

1. Benefits Sought by this Target Market Segment/Customer Group 1. Basic Theme and Focus of the Marketing Strategy 1. Specific Elements of the Marketing Strategy (Marketing Mix) Product Strategy a. Recommendations for Product(s) (how does product help reach marketing objectives?) b. Recommendations on Tangible and Intangible Elements of Product c. Brand, Packaging, Warranty/Guarantee, Returns/Allowance Elements Pricing Strategy a. Actual Value and Pricing Policy (how does price help reach marketing objectives?) b. Environmental influences on pricing policy (what affects this price?) c. Competitor actions/reactions to pricing policy Placement and Distribution Strategy a. Distribution Outlets/Retailer Activities (how does this help reach marketing objectives?)