Question: Developing a marketing plan is integral for most entrepreneurs because it can help determine profit. Business expenses need to include marketing and how word about
Developing a marketing plan is integral for most entrepreneurs because it can help determine profit. Business expenses need to include marketing and how word about the product or service gets out. When determining your marketing plan, you need to look at your target market and ask critical questions about breakeven points and product deliverables.
In the Turner Test Prep Co case study located in the Wk Learning Activities folder and in Part : Cases of the course textbook, there's little doubt that Jessica's problemsolving energy and eagerness will eventually propel her to success as an entrepreneur. In the meantime, Jessica shares a common dilemma experienced by all businesses, regardless of type, size, and experiencerelated backgrounds: defining the everchanging preferences and needs of consumer groups.
As an entrepreneur with minimal marketing skills, Jessica needs additional input about her marketing plan. Consider Jessicas situation as you respond to the following questions:
What are your thoughts regarding the preparation of a preliminary marketing plan?
What questions should Jessica ask herself to achieve greater market share?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
