The Marketing Plan This page intentionally left blank The Marketing Plan How to Prepare and Implement It 4TH EDITION Willia m M. Luther American Management Association New York • Atlanta • Brussels • Chicago • Mexico City • San Francisco Shanghai • Tokyo • Toronto • Washington, D.C. Openmirrors.com Bulk discounts available. For details visit: www.amacombooks.org/go/specialsales Or contact special sales: Phone: 800-250-5308 E-mail: [email protected] View all the AMACOM titles at: www.amacombooks.org This publication is designed to provide accurate and authoritative i nfor- mation in regard to the subject matter covered. It is sold with the under- standing that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. Library of Congress Cataloging-in-Publication Data Library of Congress Cataloging-in-Publication Data Luther, William M. The marketing plan : how to prepare and implement it / William M. Luther.—4th ed. p. cm. Includes bibliographical references and index. ISBN-13: 978-0-8144-1693-8 ISBN-10: 0-8144-1693-4 1. Marketing. I. Title. HF5415.L83 2011 658.8'02—dc22 2010039115 © 2011 William M. Luther. All rights reserved. Printed in the United States of America. This publication may not be reproduced, stored in a retrieval s ystem, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior w ritten permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. Printing number 10 9 8 7 6 5 4 3 2 1 Complete your written marketing plan by the end of the book! The Marketing Plan 4th Edition How to Prepare and Implement It with “what if” software on the AMACOM website (www.amacombooks.org/go/MarketingPlan4). This page intentionally left blank To my wonderful wife, Betty This page intentionally left blank Contents Acknowledgments xi Introduction 1 Chapter 1: The Planning Process 9 Chapter 2: Marketing Management 21 Chapter 3: Market Analysis 27 Chapter 4: Customer Analysis 55 Chapter 5: Brand Development 67 Chapter 6: The Product/Service Plan 73 Chapter 7: Calculating Your Marketing Communications Budget 101 Chapter 8: Competitive Analysis 109 Chapter 9: The Advertising Plan 117 Chapter 10: The Sales Promotion Plan 139 Chapter 11: The Public Relations Plan 153 Chapter 12: The Sales Plan: Pricing 163 Chapter 13: The Sales Plan: Future Sales 175 Chapter 14: The Customer Service Plan 197 ix
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