The marketing plan is considered the cornerstone of all the work, it sets the 3 years and 5 years objectives clearly.
In order to reach these objectives, a complete market analysis is carried out.
This marketing analysis identifies all the possible segments and chooses the most appropriate one to target.
Targeting is based on satisfying their needs by using the 4 pillars of marketing (place /price/products and promotion).
Furthermore, identifying possible future market trends is a crucial point in order to make sure that the 5-year plan will be achieved.