{"id":188298,"date":"2024-03-26T07:59:31","date_gmt":"2024-03-26T07:59:31","guid":{"rendered":"https:\/\/www.similarweb.com\/blog\/?p=188298"},"modified":"2025-11-18T11:48:43","modified_gmt":"2025-11-18T11:48:43","slug":"marketing-plan","status":"publish","type":"post","link":"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/marketing-plan\/","title":{"rendered":"What is a Marketing Plan and How Do You Create One?"},"content":{"rendered":"<p>Let\u2019s face it, it\u2019s a bit of a jungle out there when it comes to marketing.<\/p>\n<p>We\u2019re constantly asking ourselves (or being asked) all the \u2018who, what, when, where, why, and how\u2019 questions, and guess what?<\/p>\n<p>Developing a thorough marketing plan is the main ingredient to answering all those questions &#8211; and to make it thorough, you need good data to contextualize it, optimize it and strategize it.<\/p>\n<p>In this post, we\u2019ll cover the basics, including how to write a marketing plan\u2026 and the mistakes to avoid.<\/p>\n<h2>What is a marketing plan?<\/h2>\n<p>A marketing plan is a roadmap that outlines your <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/digital-marketing-strategy\/\">marketing strategy<\/a> and defines how you will attract and convert (and often, retain) customers. In your marketing plan, you\u2019ll spell out your target audience, your goals, your <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/marketing-tactics\/\">marketing tactics<\/a> to achieve those goals, and how you\u2019ll measure its success.<\/p>\n<p>We\u2019ll talk more about how to write a marketing plan further down.<\/p>\n<h2>5 types of marketing plans<\/h2>\n<p>Marketing plans come in all shapes and sizes, depending on your goals, timeframe and team working on it. Here are some of the common types of marketing plans:<\/p>\n<ol>\n<li><strong>Business marketing plan<\/strong>: The big-picture marketing plan that looks into how marketing can (and will) support your business goals over an extended period of time.<\/li>\n<li><strong>Digital marketing plan<\/strong>: Focusing on the digital side of marketing, consider how you can leverage online channels (website, social media and email) to reach your <a href=\"https:\/\/www.similarweb.com\/blog\/research\/audience-and-brand-building\/target-audience-analysis\/\">target audience<\/a> and achieve your marketing goals.<\/li>\n<li><strong>Campaign marketing plan<\/strong>: More of a specific marketing push, a campaign marketing plan outlines the tactics and executions of a single campaign eg. a product launch or building <a href=\"https:\/\/www.similarweb.com\/blog\/research\/audience-and-brand-building\/brand-awareness\/\">brand awareness<\/a> for a seasonal event.<\/li>\n<li><strong>Content marketing plan<\/strong>: A content plan that will outline the different content types you will use to reach and resonate with your target audience, to hit your ultimate marketing goals.<\/li>\n<li><strong>Social media marketing plan<\/strong>: Defining which social media platforms you\u2019ll use, the content you will push on it, and how to make sure you\u2019re getting engagement from the *right* audience.<\/li>\n<\/ol>\n<h2>How to write a marketing plan<\/h2>\n<h3>1) Understand your company marketing OKRs<\/h3>\n<p>Before you get started on actually writing your marketing plan, you need to have a good understanding of what your company <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/marketing-okrs\/\">marketing OKRs<\/a> are.<\/p>\n<p>OKRs = objective and key results and together, they\u2019ll look something like:<\/p>\n<p><em>[Insert your objective here], as measured by [insert key results].\u00a0<\/em><\/p>\n<p>Without marketing OKRs like this, there is no real marketing strategy \u2013 let alone a marketing plan \u2013 to drive forward to your business\u2019 chosen \u2018destination\u2019.<\/p>\n<p><strong>Top tip<\/strong>: Your business doesn\u2019t operate in a vacuum &#8211; you will need to benchmark your marketing goals, efforts and performance against others in your industry before committing to your standalone goals to ensure they\u2019re realistic in your <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/competitive-landscape-analysis\/\">competitive landscape<\/a>.<\/p>\n<p>For more insight into marketing benchmarking, download our recent report covering how the biggest industries use marketing channels to their advantage (and sometimes, disadvantage).<\/p>\n<div class=\"stepped-form stepped-form--background\">\n  <div class=\"stepped-form__content\">\n      \n<div data-contact-us-hidden-sub-subject=\" \"\ndata-contact-us-should-get-chilipiper=\"false\"\ndata-contact-us-boolean-always-show-phone=\"false\"\ndata-contact-us-i18n-subtitle3_tell_us_more=\" \"\ndata-contact-us=\"split\"\ndata-contact-us-hidden-subject=\"no cu\"\ndata-contact-us-hidden-asset-type=\"Report\"\ndata-contact-us-hidden-campaign-name=\"2024 Marketing Benchmark Report\"\ndata-contact-us-hidden-campaign-solution=\"All\"\ndata-contact-us-hidden-campaign-region=\"ALL\"\ndata-contact-us-hidden-form-location-breadcrumbs=\"Form Corp\/Reports\/What is a Marketing Plan and How Do You Create One?\/Content\"\ndata-contact-us-hidden-message=\"I want to download the file\"\ndata-contact-us-hidden-sfcmpid=\"70167000000c3HSAAY\"\ndata-contact-us-hidden-member-status=\"Downloaded\"\ndata-contact-us-hidden-button-caption=\"Download\"\ndata-contact-us-hidden-cta-description=\"null\"\ndata-contact-us-hidden-cta-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/01\/The-2024-Marketing-Benchmark-Report-2.pdf\"\ndata-contact-us-i18n-title=\"Get the 2024 Marketing Benchmark Report\"\ndata-contact-us-i18n-submit_button=\"Download\"\ndata-contact-us-i18n-success_title=\"Thanks for downloading!\"\ndata-contact-us-i18n-success_subtitle=\"We hope you enjoy these insights.\"\ndata-contact-us-i18n-success_sub_subtitle=\"Ready to dive deeper?\"\ndata-corp-form-type=\"split-download\"\ndata-contact-us-file-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/01\/The-2024-Marketing-Benchmark-Report-2.pdf\"\ndata-contact-us-hidden-file-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/01\/The-2024-Marketing-Benchmark-Report-2.pdf\"\n>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<h3>2) Choose marketing activities to support OKRs<\/h3>\n<p>To support and achieve these OKRs, your marketing plan will need to define the marketing activities that you\u2019ll focus on to get you there.<\/p>\n<p>This is where you might split your strategy into different <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/marketing-channels\/\">marketing channels<\/a> and assign them to the specific team, or \u2013 if you have a smaller <a href=\"https:\/\/www.similarweb.com\/corp\/teams\/marketing\/\">marketing team<\/a> \u2013 you will segment your strategy into different focus areas.<\/p>\n<p>For example, say you\u2019re looking to achieve more visibility on search. The marketing activities to support this would look something like:<\/p>\n<ul>\n<li><strong>SEO<\/strong>: Optimizing existing content, as well as new content produced<\/li>\n<li><strong>PPC<\/strong>: Creating a series of ads for business-critical keywords<\/li>\n<li><strong>Content marketing<\/strong>: Creating a series of <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/seo\/seo-content\/\">SEO content<\/a> and thought leadership<\/li>\n<\/ul>\n<p>But of course, the marketing channels you use will vary depending on your goal &#8211; and so will how much time you spend on each, particularly if you\u2019re working solo or in a smaller marketing team.<\/p>\n<h3>3) Set KPIs to measure success<\/h3>\n<ul>\n<li>Overall marketing goals: &#x2705;<\/li>\n<li>Marketing activities to support these goals: &#x2705;<\/li>\n<li>Tracking your progress: <em>Pending<\/em><\/li>\n<\/ul>\n<p>Now you\u2019ve got a vague plan of action in place, you hitting those marketing goals is on the horizon. But to make sure you\u2019re heading in the right direction and at the right pace, it\u2019s important to set your team (or teams) KPIs.<\/p>\n<p>Not only is this important to making sure everything\u2019s on track, but it\u2019s also important for motivation.<\/p>\n<p>Here are just a few examples of marketing KPIs, across the different marketing teams:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Pipeline contribution<\/li>\n<li>Traffic to MQL<\/li>\n<li><a href=\"https:\/\/www.similarweb.com\/blog\/research\/business-benchmarking\/benchmarking-ctr\/\">Click-through rate<\/a><\/li>\n<li><a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/engagement-rate\/\">Engagement rate<\/a> (likes, comments, shares and views)<\/li>\n<li>Number of subscribers<\/li>\n<li>Amount of content published<\/li>\n<li>SERP rankings<\/li>\n<li>Conversion rate<\/li>\n<li>Traffic distribution<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Impressions and reach<\/li>\n<li>Customer acquisition cost (CAC)<\/li>\n<\/ul>\n<p>Don\u2019t forget to use your market and competitor research to set your team achievable KPIs that make sense for the industry you\u2019re in and the target audience you\u2019re going after.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-188303\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors.png\" alt=\"marketing-plan-engagement metrics for asos and competitors\" width=\"2190\" height=\"830\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors.png 2190w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-300x114.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-1024x388.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-768x291.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-1536x582.png 1536w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-2048x776.png 2048w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-engagement-metrics-for-asos-and-competitors-512x194.png 512w\" sizes=\"(max-width: 2190px) 100vw, 2190px\" \/><\/p>\n<p><em>Here, you can see the website engagement metrics of asos.com and its competitors.<\/em><\/p>\n<h3>4) Identify buyer personas<\/h3>\n<p>\u2026 to make sure your KPIs make sense for the target audience you\u2019re going after, you also <em>kinda<\/em> need to know who your target audience actually <em>is<\/em>.<\/p>\n<p>You might be working with one <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/buyer-persona\/\">buyer persona<\/a> or you might be working with multiple buyer personas &#8211; either way, it pays to have this detailed in a buyer persona template.<\/p>\n<p>This will make sure your team is aligned on who you\u2019re targeting, including things like:<\/p>\n<ul>\n<li>Buyer behaviors<\/li>\n<li>Hobbies and interests<\/li>\n<li>Pain points<\/li>\n<li>Motivations<\/li>\n<li>Brand affiliations<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-188301\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests.png\" alt=\"marketing-plan-audience interests\" width=\"2264\" height=\"940\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests.png 2264w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-300x125.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-1024x425.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-768x319.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-1536x638.png 1536w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-2048x850.png 2048w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-audience-interests-512x213.png 512w\" sizes=\"(max-width: 2264px) 100vw, 2264px\" \/><\/p>\n<p>By aligning on buyer personas or the \u201cwho\u201d your marketing is targeted at (admittedly, being a little bit stereotypical), your team can then mold the \u2018what, when, why, and how\u2019 of their marketing too. This will make sure your marketing efforts resonate with the <em>right<\/em> audience, and get you the engagement you\u2019re after &#8211; for example, choosing the right marketing channel for the persona.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-188304\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels.png\" alt=\"marketing-plan-marketing channels\" width=\"2306\" height=\"798\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels.png 2306w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-300x104.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-1024x354.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-768x266.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-1536x532.png 1536w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-2048x709.png 2048w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-marketing-channels-512x177.png 512w\" sizes=\"(max-width: 2306px) 100vw, 2306px\" \/><\/p>\n<p>If your product or strategy doesn\u2019t change too much, you can leave this step out when it comes to a new planning cycle.<\/p>\n<h3>5) Define your budget<\/h3>\n<p>First, you need to define the budget you have to achieve this marketing plan of yours. Then, you\u2019ll need to allocate the budget across each of the teams working toward the ultimate goal.<\/p>\n<p>It\u2019s likely that this allocation will require some research (and often, some compromise), for example, your PPC team will want to determine the average <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/sem-ppc\/what-is-cpc\/\">cost-per-click<\/a> for the target keywords you\u2019re going after to get the best ROI.<\/p>\n<p>With the right kind of data, you can even spy on how much your competitors are spending on their pay-per-click advertising.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-188300\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview.png\" alt=\"marketing-plan-asos paid overview\" width=\"2178\" height=\"960\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview.png 2178w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-300x132.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-1024x451.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-768x339.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-1536x677.png 1536w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-2048x903.png 2048w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-asos-paid-overview-512x226.png 512w\" sizes=\"(max-width: 2178px) 100vw, 2178px\" \/><\/p>\n<h3>6) Identify your competitors<\/h3>\n<p>In order to make your marketing plan competitive, you\u2019ve got to understand your competitive landscape &#8211; that includes who you\u2019re up against, and what they\u2019re up to.<\/p>\n<p>So, here are two words we talk about constantly: <strong>Competitor<\/strong> + <strong>analysis<\/strong>.<\/p>\n<p>A <a href=\"https:\/\/www.similarweb.com\/corp\/web\/competitive-analysis\/\">competitive analysis tool<\/a> like Similarweb (which, may we add, is an all-in-one tool) can provide you with all the data you need to run a thorough <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/competitive-analysis\/\">competitive analysis<\/a>.<\/p>\n<p>So thorough in fact, that it can <strong>reveal your competitors\u2019 complete marketing strategies <\/strong>and how your marketing performance compares, which is great for inspiration, and <em>even<\/em> better for gaining the competitive edge in your industry.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-188302\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison.png\" alt=\"marketing-plan-competitor comparison\" width=\"2226\" height=\"1390\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison.png 2226w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-300x187.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-1024x639.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-768x480.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-1536x959.png 1536w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-2048x1279.png 2048w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2024\/03\/marketing-plan-competitor-comparison-512x320.png 512w\" sizes=\"(max-width: 2226px) 100vw, 2226px\" \/><\/p>\n<p>You can even set up a Competitor Tracker to make sure you never miss a beat on your competitors\u2019 next moves. See it all on an interactive dashboard, and get emails sent straight to your inbox.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-180303\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2023\/09\/competitive-tracker-GIF.gif\" alt=\"competitive tracker GIF\" width=\"1200\" height=\"575\" \/><\/p>\n<h3>7) Outline your plan<\/h3>\n<p>Now you\u2019ve got everything you need to outline your plan of action and get started.<\/p>\n<p>With good data, you have all the <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/seo\/keyword-research\/\">keyword research<\/a> and competitor research you need to dominate the market. Plus, you have all the information you need to brief each of your teams (eg. PPC, SEO and content) to make sure they\u2019re aligned and going in the right direction, at the right time.<\/p>\n<p>Similarweb can help you with all of that, and more. The thing is, with a marketing plan, the world around us never stays still &#8211; the digital world included. With real-time and real-user data \u2013 like Similarweb \u2013 you can ensure your marketing plan still adapts with the landscape.<\/p>\n<h2>6 mistakes to avoid when creating a marketing plan<\/h2>\n<p>When creating or writing up your marketing plan, there are a few common mistakes you want to avoid, including:<\/p>\n<ol>\n<li>Not conducting thorough <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/what-is-market-research\/\">market research\u00a0<\/a><\/li>\n<li>Not benchmarking effectively and setting unrealistic goals<\/li>\n<li>Not having a clear definition of your target audience<\/li>\n<li>Underestimating your competition and the competitive landscape<\/li>\n<li>Failing to allocate resources (and budget) effectively<\/li>\n<li>Not regularly reviewing and updating your marketing plan<\/li>\n<\/ol>\n<h2>What\u2019s the difference: Marketing plan vs. Business plan<\/h2>\n<p>When you\u2019re in a marketing team, the business plan and marketing plan may feel very similar &#8211; and they certainly do touch. In reality, you can\u2019t have one without the other.<\/p>\n<p>A business plan should be considered as the \u201cbig picture\u201d, whereas the marketing plan is the roadmap; the map \u2013 or sat nav \u2013 towards that big picture.<\/p>\n<p>The marketing plan or marketing map zooms in on how you\u2019ll reach and engage your target audience, which requires knowing your ideal customer profile and buyer personas, as well as the best channels and tactics to get their attention.<\/p>\n<p>That attention from your target audience is crucial to the bigger business plan, which will outline your company\u2019s:<\/p>\n<ul>\n<li>Mission and vision<\/li>\n<li>Financial goals<\/li>\n<li>Competitive landscape<\/li>\n<\/ul>\n<h2>What\u2019s the difference: Marketing plan vs. Marketing strategy<\/h2>\n<p>A very common question for marketing generalists: what\u2019s the difference between a marketing plan and marketing strategy?<\/p>\n<p>While your marketing plan acts as your roadmap that gives your team direction and a clear plan of action (often with timelines, deliverables, and budgets in tow), your marketing strategy is the \u201cwhy\u201d behind your marketing efforts.<\/p>\n<p>For example, your marketing strategy is to double your <a href=\"https:\/\/www.similarweb.com\/website\/\">website traffic<\/a> in a year and improve your engagement rates as an online business. Your marketing plan here might be to improve your SEO across your existing pages to get your content ranking higher on search, as well as investing in PPC for some more short-term impact into your brand awareness.<\/p>\n<h2>Smarter planning, smarter marketing, smarter reporting<\/h2>\n<p>\u2026 you want all that? You need smarter data.<\/p>\n<p>A marketing plan isn\u2019t a good marketing plan without the right kind of data &#8211; and Similarweb can give you that data.<\/p>\n<p>With Similarweb, you can make sure your marketing plan and strategy is up to scratch &#8211; that means fully optimized and efficiently prioritized.<\/p>\n<p>If that sounds good to you, try the platform for free today and watch it transform your marketing strategy.<\/p>\n    <div class=\"post-banner post-banner--base\">\n        <div class=\"post-banner__wrapper\">\n            <div class=\"post-banner__text\">\n                                    <p class=\"post-banner__title\">It\u2019s time to nail your digital marketing strategy<\/p>\n                                    <p class=\"post-banner__subtitle\">Get the freshest, most accurate competitive data now.<\/p>\n                                <div class=\"post-banner__button-wrapper\">\n                                            <a class=\"swui-button swui-button--solid swui-button--primary post-banner__button js-post-banner\"\n                           href=\"https:\/\/account.similarweb.com\"\n                           data-disable-dynamic-tracking\n                        >Try Similarweb free<\/a>\n                                    <\/div>\n            <\/div>\n                    <\/div>\n    <\/div>\n\n<h2>FAQs<\/h2>\n<p><strong>What is a marketing plan?<\/strong><\/p>\n<p>A marketing plan is a comprehensive document that outlines a company&#8217;s marketing objectives and strategies for achieving them. It typically includes an analysis of the target market, competitive landscape, marketing goals, tactics, and budget allocation.<\/p>\n<p><strong>Why is a marketing plan important?<\/strong><\/p>\n<p>A marketing plan provides a roadmap for achieving marketing objectives and helps ensure that marketing efforts are aligned with overall business goals. It helps in allocating resources efficiently, measuring progress, and adapting strategies based on market changes.<\/p>\n<p><strong>What should be included in a marketing plan?<\/strong><\/p>\n<p>A marketing plan should include an executive summary, a situational or competitor analysis, clear marketing objectives, target audience identification, marketing strategies and tactics, budget allocation, timeline, and metrics for measuring success.<\/p>\n<p><strong>How often should a marketing plan be updated?<\/strong><\/p>\n<p>Ideally, a marketing plan should be reviewed and updated regularly to reflect changes in the market, <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/consumer-behavior\/\">consumer behavior<\/a>, and business goals. Quarterly or annually are common intervals for updates, but it ultimately depends on the pace of change in your industry.<\/p>\n<p><strong>How do you measure the success of a marketing plan?<\/strong><\/p>\n<p>The success of a marketing plan can be measured using various metrics, including sales revenue, customer acquisition and retention rates, website traffic, social media engagement, brand awareness, and return on investment (ROI) for marketing activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s face it, it\u2019s a bit of a jungle out there when it comes to marketing. We\u2019re constantly asking ourselves (or being asked) all the \u2018who, what, when, where, why, and how\u2019 questions, and guess what? Developing a thorough marketing plan is the main ingredient to answering all those questions &#8211; and to make it [&hellip;]<\/p>\n","protected":false},"author":469,"featured_media":188309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2803,7009],"tags":[],"class_list":["post-188298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","category-marketing-strategy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is a Marketing Plan and How Do You Create One? | Similarweb<\/title>\n<meta name=\"description\" content=\"It\u2019s a competitive world out there and to reach your goals, you need a competitive plan in place. 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