Thursday, October 15, 2009

Business plan VS Marketing plan

So a marketing plan is more complicated and comprehensive that I have imagined. If anyone was wondering about the differences between a marketing plan and a business plan, here is a high level comparison: http://www.entrepreneur.com/marketing/marketingbasics/marketingplan/article43018.html

In a short summary: while business plan takes more on what the company is about and its values, marketing plan is more practical and serves as a:
  • Rally point
  • Chart to success
  • Company operational instructions
  • Captured thinking
  • Top-level reflection

1 comment:

Laura said...

..Generally speaking, the Marketing plan is usually a section of the Business Plan

However, if some doubts still remain, you can look at this link:

http://sbinfocanada.about.com/cs/marketing/g/marketplan.htm

it provides useful definitions/clarifications and suggestions to write a Mktg plan

Good luck to everybody

Laura