Meaning & use

marketing plan

noun·Everydaybusiness

Last updated

UK/ˈmɑːkɪtɪŋ plæn/
US/ˈmɑːrkɪtɪŋ plæn/

Meanings

  1. nouncountablebusiness

    A written document that sets out how a company will promote and sell a product or service.

    Grammar: Countable: you can say 'a marketing plan' or 'marketing plans'.

    Patterns

    • draw up a marketing plan
    • a marketing plan for something
    • carry out a marketing plan

    The startup wrote a one-page marketing plan before its first launch.

    Our marketing plan for the new app focuses on social media and student discounts.

    She presented the marketing plan to the board and they approved the budget.

  2. nounsingularbusiness

    The set of actions and targets a business uses to attract customers, seen as a whole.

    Grammar: Often used with 'the' when talking about the overall approach rather than one document.

    Patterns

    • be part of the marketing plan
    • fit into the marketing plan

    Free delivery is part of the marketing plan for the holiday season.

    If sales stay flat, the marketing plan may need a complete rethink.

Word forms

pluralmarketing plans

Common combinations

draw up a marketing plan
We drew up a marketing plan in two workshops.
a detailed marketing plan
Investors asked for a detailed marketing plan.
put a marketing plan into action
They put the marketing plan into action in March.
a marketing plan targets customers
The marketing plan targets young families in cities.
review the marketing plan
The team reviews the marketing plan every quarter.

Synonyms and how they differ

business plan
A business plan is wider: it covers finance, staff and operations, while a marketing plan deals mainly with customers and promotion.
strategy
Strategy is the general long-term thinking; a marketing plan is the practical document that spells it out.
campaign
A campaign is one specific push with a start and end date, whereas a marketing plan can cover many campaigns over a year.

Word family

marketing noun
The activity of promoting and selling products.
marketer noun
A person whose job is marketing.
market verb
To advertise and offer something for sale.

Commonly confused: marketing plan or market plan?

marketing plan vs market plan

'Market plan' is not the usual term; English speakers say 'marketing plan' for the document about promotion.

Practice

The company ______ a marketing plan before launching the new phone.

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