What is your projected sales volume by month

Assignment Help Business Management
Reference no: EM131145364

The Action Program

The Action Programs section of a marketing plan basically serves as a detailed promotions "to do" list. This section spells out specific programs that the company will participate in to promote their products. The Action Program will describe what will be done, when it will be done, who will accomplish the task, and how much it will cost. An example of an item that would appear in an Action Program would be a trade show. The Action Program would list the specific trade show and date. It would state the company's objectives and reasons for attending it. It would also list who would attend the trade show, expected results, costs, etc.

1. In 1-2 pages, provide summaries of the Action Programs that you will use during the first six months of launching your product in order to achieve your objectives.

Financial Projections and Budgets

The Financial Projections and Budgets section of the marketing plan include budget details of expected revenue, estimated expenses, and a break-even analysis

2. Complete your Financial Projections and budget by providing 1-2 paragraphs about each of the following items:

• Sales Revenue Forecast: What is your projected sales volume by month for the first year?

• Expense Forecast: What is your total expected marketing costs? Break your costs down by each marketing, promotion, and action program strategy that you listed earlier in your plan.

• Break-Even Analysis: The break-even-analysis is the price at which total revenue equals total cost and profit is zero. This shows how many units must be sold monthly to offset the monthly fixed costs and average per-unit variable costs.

Reference no: EM131145364

Questions Cloud

What were ikeas sustainability concerns regarding wood : What were IKEA's sustainability concerns regarding wood? How is VF Brands Third Way and IKEA's IWAY similar? Different? What are the focus areas in IKEA's People & Planet Positive Strategy?
How many months of living expenses does the article : Estimate how much you should set aside based upon your current situation. Are you closer to Cliff's scenario or to Prudence's?
Write a pseudo-code program : Create 10 child processes and each child process will in turn create a grandchild process.
Explain customer defined value-value analysis and retention : Explain customer defined value, value analysis and retention. Discuss product innovation models for customer retention. Discuss employee empowerment. Discuss leadership for quality. How to lead for a better quality change?
What is your projected sales volume by month : Sales Revenue Forecast: What is your projected sales volume by month for the first year? Expense Forecast: What is your total expected marketing costs? Break your costs down by each marketing, promotion, and action program strategy that you listed ..
Create a separate class for your stack : The purpose of the stack is to check an expression involving parentheses, braces, & brackets and determine whether they are balanced
How an individual or firm acting out of self interest : Create an original example to demonstrate how an individual or firm acting out of self-interest (seeking profits by offering goods or services in economic markets) must benefit consumers – even if they do not care about them - more than the competiti..
Was there anything unethical about the presidents actions : Riverside Automotive Corp. is a medium-sized wholesaler of automotive parts. It has 10 stockholders who have been paid a total of $1 million in cash dividends for 8 consecutive years.
Describe how socioeconomic status affects health care : Socioeconomic status influences health and drives diversity in the context of health disparities. Based on readings provided, describe how socioeconomic status affects health care. Can diversity in the health care workforce promote better health c..

Reviews

Write a Review

Business Management Questions & Answers

  How trends reflecting changes in consumers'' cultural values

Why should companies scan the environment for trends reflecting changes in consumers' cultural values? Because core beliefs and values are resistant to change and thus form reliable predictors.

  How did he or she get started in business

How did he or she get started in business and why did (s) he select that type of organization (as opposed to the partnership or corporation?

  Explaining moral leadership qualities

Do the means they choose also reflect on their moral leadership qualities?

  Students will explore a specific engineering management topi

Students will explore a specific Engineering Management topic and apply it to a real life project or scenario. Topics will be selected by the students from the principles and practices of administration of engineering and science activities including..

  Liquidity of investment

The few promoters of venture capital are risk averse and therefore are discouraged by the level of risk, the length of investment and the liquidity of investment.

  Determined that change is inevitable and subject to a number

Determined that change is inevitable and subject to a number of variables attributing to the success or failure of the change process. The Final Paper is an exploration of a change initiative that you have personally experienced or researched. The pa..

  Can a company be competitive if they do not continue

Can a company be competitive if they do not continue to innovate? Why or why not?

  Classifying those costs as variable costs

She points out which several of the costs which had been classified as fixed costs could be considered variable, since they are mixed costs. When the data has been revised classifying those costs as variable costs, the project appears viable

  Information about an infinite source waiting line system

A manager assembled the following information about an infinite source waiting line system: one server, an arrival of 8 per hour, and a service time of 6 minutes, Determine each of the following:

  Ultimate purpose of the decision

Select a topic with which you are familiar that involves making a decision. Prepare an argument in which you label each of these parts: In what kind of sphere is the decision to be made? What is the ultimate purpose of the decision?

  How do organizations decline

Why do organizations grow? How do organizations decline?

  How does your company use these intermediaries

The idea is to discuss whether your company has a competitive advantage withrespect to how they distribute their products. This should discuss their distribution channel and maybe a unique retaillocation (if pertinent).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd