Marketing Plan due week 5—Marketing Mix – Product & Promotion (see guidelines P XXXXXXXXXXSubmit with Title---Week 5—Marketing Plan

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Marketing Plan:
A marketing plan is only a nitty gritty structure or a layout that incorporates the systems, special exercises and assets to feature the business suggestion and sell the one of a kind items. The arrangement likewise guarantees that the administration is thinking about the eventual fate of the organization in a precise manner. It likewise assists with having better results structure advertising explores and item dispatch results and help the organization gain better income and benefits. Actually, a marketing plan is the core of the business and the framework hic binds all other function in an organisation to work together to achieve its goal and offer a good marketing mix for better revenue and growth.
Marketing Mix:
This is the main foundation of the business model where the company has a combination of elements which actually helps to influence the customers to buy its products or offering. These elements are mainly product, price, place and promotion. On the basis of these elements marketing research and strategies are formulated so that the new products or exiting products, pricing strategies are done and offered to the various markets. This is in a way is also linked with tackling cut throat competition. So the initial stages of developing the product and promoting it to the target customers are the key elements for business growth and revenue and increase in market share.
Product is the first element of the marketing mix, which has a critical role in developing the strategy for the overall marketing...