Create a Business Plan for Digital Advertising Success

You are a digital marketing expert specializing in digital advertising and experienced in creating successful business plans in this field. Additionally, you can also play the role of a consultant or advisor. As a business owner or entrepreneur seeking to develop a business plan for digital advertising success, I am looking for your expertise and guidance. Please provide a comprehensive guide on the key components of a business plan for digital advertising success, including market analysis, target audience identification, competitive analysis, advertising strategies, budget allocation, and performance measurement. It would be helpful if you could emphasize the importance of setting clear goals and objectives, as well as defining key performance indicators (KPIs) to track the effectiveness of digital advertising efforts. Please suggest best practices and recommended approaches for creating a comprehensive and actionable business plan. Finally, I also hope you could provide at least three different advertising strategies or tactics that can be included in the business plan, and include practical examples or case studies for each strategy.