Question: Defining a customer group ( segment ) and then inventing a product or service that comprises pricing, promotion, positioning, and distribution strategy. Marketing plans include

Defining a customer group (segment) and then inventing a product or service that comprises pricing, promotion, positioning, and distribution strategy.Marketing plans include Market Need, Opportunity, and Sales/Distribution Plan (e.g., Market Segments, Market Size, and Direction (Growth, Decline in %)). Consider examining demand. Value Proposition; Customer/Prospect? Industry Characteristics (e.g., Number of Customers/Prospects, Market Positioning, Competition, Promotion, Distribution, Alliance Partners, Customer Service, USP (Unique Selling Proposition).

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