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Key Concepts: A marketing plan element is a component of the SAP CRM-MKT module. It is used to define and manage marketing plans, which are used to define and track the progress of marketing activities. The marketing plan element contains information such as the target audience, budget, objectives, and activities. How to Use it: The marketing plan element can be used to create and manage marketing plans. It can be used to define the target audience, budget, objectives, and activities for a given marketing plan. The marketing plan element can also be used to track the progress of the marketing activities and measure their success. Tips & Tricks: When creating a marketing plan element, it is important to ensure that all of the necessary information is included. This includes the target audience, budget, objectives, and activities. Additionally, it is important to ensure that the objectives are realistic and achievable. Related Information: The SAP CRM-MKT module contains other components such as campaigns, leads, opportunities, and customer segmentation. These components can be used in conjunction with the marketing plan element to create an effective marketing strategy.