A Pricing Strategy in a marketing plan is developed by considering several factors. These include the cost of production, the perceived value of the product or service, the target market's willingness to pay, and the prices of competing products or services. It's also important to consider the company's overall marketing and business objectives. The Pricing Strategy should support these objectives, whether they are to maximize profit, increase market share, or something else.

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A marketing plan can help make an organization's goals measurable by setting clear, specific, and quantifiable objectives. These objectives are often set using the SMART (Specific, Measurable, Achievable, Relevant, Time-bound) framework. The plan also includes Key Performance Indicators (KPIs) that provide measurable outcomes to track the progress and effectiveness of the marketing strategies. Furthermore, tools like Gantt charts and timelines can be used to monitor the progress of the plan and ensure that the marketing activities are on track to achieve the set goals.

Marketing KPI Dashboards are tools used by marketers to track, analyze, and visualize key performance indicators (KPIs) related to their marketing efforts. They are important because they provide a quick overview of the company's marketing performance in various areas, enabling marketers to make informed decisions and strategize effectively.

A Gantt Chart is a type of bar chart that illustrates a project schedule. It is used in a marketing plan to visualize the timeline of the plan, including the start and end dates of the various tasks and phases. It helps in tracking progress and managing the tasks effectively.

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Marketing Plan

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