Step 10: Think Long Term

In the final section of your marketing plan, list growth opportunities to research over the coming year for possible action in future marketing-plan periods. Some ideas can’t be (or shouldn’t be) rushed into. Spend time as you produce this year’s marketing plan to think of ideas to research for possible implementation over the course of next year’s plan, focusing on one or several of the following areas:

check.png New or expanded business locations to serve more consumers

check.png New geographic market areas outside your current market area

check.png New customers different from those in your current customer base

check.png New products or product packages that will inspire additional purchases

check.png New pricing strategies

check.png New distribution channels

check.png New customer-service programs

Mergers, business acquisitions, ...

Get Small Business Marketing Kit For Dummies, 3rd Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.