In: Operations Management
What is the best way to write a Executive Summary for a marketing plan?
A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.
An executive summary of any business includes a document that summarizes the whole business objectives, work, management, etc. With the effective use of an executive summary for a marketing plan, your business can analysis about the competition going on in the market and what steps you need to take to overtake your competitors and can have a competitive advantage over them. It also helps in analyzing market strategies, organizational objectives, product development, help in planning, etc. Firstly, you need to have a complete overview of the market so that you should know what further steps you need to choose in order to rule the market. Then you need to see the competition going on around you and in what ways you can tackle your competitors. Further, you need to set your goals and make strategies that will help your product to rise in the market and help it to reach a maximum number of customers and also work on your target audience because it will help you to grow your business and helps in increasing sales. There will be various risks that you need to tackle in order to take the market share as rewards always come with risks. This process will help you in the marketing plan as it is very important from the company's point of view to have proper marketing of there product.