Module 2-Subject 4 01 | Page 4

Market research & analysis Make a checklist of tasks for the marketing plan Set marketing goals & objectives Marketing Plan Create a back-up plan Plan to monitor & evaluate market response Define marketing mix Plan marketing budget  Market research and analysis - Process of gathering relevant information about the potential market for products and services, evaluating strengths and weaknesses, and identifying a target audience.  Set marketing goals and objectives - Helps to focus and evaluate marketing efforts.  Define marketing mix – Description of the specific strategies that will be implemented to reach the target audience and covers the 4 Ps of marketing (product, price, place and promotion). Plan marketing budget - Note for experts/authors: Descriptive information is needed for this step of the marketing plan. 3 Module 2. Subject 4: Marketing the Agro-Ecotourism Business