<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/fbd7a613-cd84-459b-a004-a868c22d382e/peep_(2).png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/fbd7a613-cd84-459b-a004-a868c22d382e/peep_(2).png" width="40px" /> SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business.
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| Strenghts | Answer |
|---|---|
| What do you do well? | |
| What unique resources can you draw on? | |
| What do others see as your strenghts? |
| Weaknesses | Answer |
|---|---|
| What could you improve? | |
| Where do you have fewer resources than others? | |
| What are others likely to see as weaknesses? |
| Opportunities | Answer |
|---|---|
| What opportunities are open to you? | |
| What trends could you take advantage of? | |
| How can you turn your strengths into opportunities? |
| Threats | Answer |
|---|---|
| What threats could harm you? | |
| What is your competition doing? | |
| What threats do your weaknesses expose to you? |
Summary
Your executive summary is a short, summarized version of your marketing plan. The major objective is to briefly list and explain the key components. Include a summary of the following:
An overview of your business’s marketing goals, a transcript of your business’s current marketing position, a list of tasks to be addressed within a given time frame, KPIs that will be tracked, a profile of your target market, and your customer's needs.
| PRODUCT / SERVICE | What are you selling? |
|---|---|
| COMPETITOR ANALYSIS | Who are your competitors? How are your competitors performing? |
| USP | What is your unique selling proposition? What separates you from your competitors? |
| BEST PRACTICES | What are the well-performing marketing channels, buyer personas with a large amount of purchase intent, or campaigns that have generated a lot of leads? |
| OBJECTIVES | What are your current marketing objectives? Did you manage to achieve them? If not, why? |
| CHALLENGES | How do your customers reach your product? |
| GOALS & METRICS | What are the current challenges that your company is facing? |
| 2. TARGET MARKET | Key demographics, Key psychographics, Pain points, |
| Preferred content and channels. |
| Strengths | Answer |
|---|---|
| What do you do well? | |
| What unique resources can you draw on? | |
| What do others see as your strengths? | |
| What is your unique selling proposition? | |
| What separates you from your competitors? | |
| What’s working. | |
| What our customers like about us. |
| Weaknesses | Answer |
|---|---|
| What could you improve? | |
| Where do you have fewer resources than others? | |
| What are others likely to see as weaknesses? | |
| What we want to strengthen. | |
| What we want to become more efficient at. |
| Opportunities | Answer |
|---|---|
| What opportunities are open to you? | |
| What trends could you take advantage of? | |
| What we think we’ll be good at. | |
| What will be our differentiator? | |
| What the industry might soon want. |
| Threats | Answer |
|---|---|
| What threats could harm you? | |
| What is your competition doing? | |
| What threats do your weaknesses expose to you? | |
| What we think could hinder our growth. | |
| What/who we think could take our customers. |