IndexMarketing Plan and its ImportanceSituation AnalysisTarget MarketMarketing StrategyObjectives and TacticsSales and BudgetWhy Customer Will Buy Your ProductTrustReputation of the Brand ConcernedBest Marketing Tools/Strategies for Automotive DealershipsMarketing Automation SoftwarePlatforms of Social Media ManagementSite ChatPayment for Click AdvertisingWorks CitedMarketing plays a vital role in any business to be successful, it is impossible to simply release a great product and expect to get financial rewards. Since marketing fully exposes your product and brand, it is the most effective way to make your customers aware of your product. Marketing has much more profound effects on your business and its cash flow. Investing in marketing is just as important as investing in your products. Even if you don't market your product effectively, your company will start to face a serious financial cut because much fewer people are finding your product and becoming loyal to your competitor and your brand will lose its visibility. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay A consistent marketing strategy is important if you want to stay relevant and if you want your customers to trust your brand. Marketing creates a specific image in consumers' brains. The main objective of any company is to create image and combine advantages to attract the customer. The biggest advantage of marketing is that products are recognized in the customer's mind at the first level, through direct advertising and promotions. Marketing Plan and Its Importance A marketing plan provides a well-ordered guide on what you are burning in cash and when. It allows you to spend advertising costs, helping you stay in control of your usage, manage your revenue, track bids to show cost ratio, and measure the results of your promotion efforts. It also ensures that item advancement dollars are not squandered. A good marketing plan can help you ensure that you are using your resources in the most effective way. An effective marketing plan should be based on the following elements. Situation analysis It tells you the market for your product and what your target market will be. It also provides you with the current trends and competitors of your product in the market and how you will be different from them. Target market What age group will you appeal to? Will your product or service appeal more to men or women, single or married? The list goes on with things you could learn about your customers, but the important point is this: the more you know, the better you will be able to connect with them in a way that will be meaningful to them. .Marketing Strategy Marketing strategy addresses the 4 Ps: marketing product, price, promotion and place. Basically, what is your product and how is it different, how will you price it, how will you promote it and where will you sell it. Goals and Tactics Once you recognize your methodology, you need to make sense of how to execute it. You can set goals to achieve and distinguish the strategies you will use to achieve those goals. Sales and Budget Your marketing plan may also include a sales forecast and advertising budget. Business projections will represent the focuses of your business on a monthly basis. Your spending will determine how much you spend and when. The combination of bids and expenses will let you know the amount you are spending on advertising and how much income you are makingproducing accordingly. Why customer will buy your product Just like automobile business is expanding day by day and has become an important part of economy and society. Car has become a part of today's busy life, every person wants to have their own private car, which results in huge expansion of business and demand for automobiles not only business and demand has increased but also increased competition between companies offering different brands of cars, each company tries its best to create an extraordinary car, which can meet all the needs of customers and have an updated functionality and performance compared to the old model of that brand. Launching a new model with updated features and adding more options in the automobile is not enough, the customer will never come to know about your product until they hear good things about that product, see someone using that product or see someone repudiated by personality to promote that product. Trust Trust is described as a party's assumption that the other function will satisfy its requests and requirements. As long as the services are performed, trust is the morale that customers get from the service provider to fulfill their needs. First, trust can be explained as the trust one party has towards someone else because of the sincerity and efficiency of the other association (Morgan & Hunt, 1994). This explanation can probably be applied in several directions, including the transaction of goods and services. (Doney and Cannon 1997) study that trust is made up of two aspects: perceived credibility and benevolence. Brand Reputation Concerning Brand awareness alludes to how a specific brand is viewed by others. Great brand awareness implies that buyers trust your organization and love purchasing your merchandise or administrations. A terrible brand awareness, be that as it may, will cause buyers to doubt your organization and be reluctant to acquire your items or services. While companies used to be able to easily shape their brand's reputation using traditional advertising and public relations, it is much more difficult to prevent others from damaging your brand without online reputation management. To maintain their reputation and brand, companies must follow the following things listed below: Identify all the positive and negative aspects of the business throughout the year Maintain consistency and accuracy in business activities Assess where you are not doing well path in business or marketing Reviewing and understanding your competitor's business and marketing strategy Tracking mentions and brand sentiment Working on recommendations to maintain your value Improving your business plan and strategies Best marketing tools/strategies for Car DealershipsJust as new car models are released every year, the way you market your car dealership should take on a new model year after year. To make the most of your marketing efforts it is important to stay up to date, understand new technology trends and advertising options that can help your business. Here we have some strategies and tools for the best car marketing: Marketing Automation Software It allows you to market on different public platforms and automate your repetitive tasks. The best part of marketing automation software is collecting customer information, the best part of software is understanding purchasing habits,.