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Explain how your marketing plan will achieve specific objectives and support the organization’s business plan and strategic plan.

Business and Finance

Business and Finance

Explain how your marketing plan will achieve specific objectives and support the organization’s business plan and strategic plan.

For your Final Project, you will compile the work you have completed throughout the course to develop a 10- to 15-page marketing plan that supports the goals of a strategic plan for your real-world healthcare organization. The Marketing Plan must contain the following sections:

Executive Summary

  • Provide a brief summary of the marketing plan.

Introduction

  • State the objectives of the strategic plan.
  • Explain how your marketing plan will achieve specific objectives and support the organization’s business plan and strategic plan.

Market Analysis

  • Describe the organization’s products and services
  • Explain how these products and services meet the needs of the organization’s determined customer base.
  • Include relevant aspects from the SWOT analysis you conducted in the second assignment.
  • State the competitive advantage your plan provides.

Environmental Analyses

  • Internal: Include an analysis of the role of leadership and employees, the communication processes, and the culture of the workplace.
  • External: Include an analysis of socioeconomic, legal, ethical, political, and technological factors that could affect the organization.
  • Describe how data, based on the quadrants presented in the Boston Consulting Group Matrix, would apply to your marketing plan.

Marketing Mix

  • Describe the marketing opportunities and marketing goals for your chosen HCO.
  • Explain the marketing strategies that are employed in your plan.
  • Apply market segmentation to your plan based on the target markets you have identified.
  • Explain how database marketing was used or why it was not included in your marketing plan.

Plan Evaluation

  • Discuss methods of performance evaluation and monitoring that will be used to evaluate the success of your chosen healthcare organization’s marketing plan.
  • Explain why reports for a particular timeframe (weekly, monthly, quarterly) would be important and how you would use feedback in these reports to control the future of your marketing.

Conclusion

  • Provide a conclusion that summarizes your marketing plan. Include persuasive statements that explain how your marketing plan supports the goals of your chosen healthcare organization’s strategic plan.

* Must utilize at least 10 scholarly sources in APA style.

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