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Southern New Hampshire University *
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500
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Marketing
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Apr 3, 2024
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docx
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Cromartie 1
Kaliyah Cromartie
MKT 500 Milestone Eight: Promotion
Color Scheme: Nude, White, and Black
Company Name: Perficient Innovations
Southern New Hampshire University
Cromartie 2
Introduction:
In the ever-evolving world of retail, innovation is the key to staying ahead of the competition. Motorized shopping carts with touchscreen capabilities and storage compartments represent a leap forward in the shopping experience. This paper outlines a comprehensive promotional plan that embraces integrated marketing communications (IMC) to introduce these groundbreaking carts to the market.
Before diving into the promotional plan, it’s essential to grasp the key features and benefits of the product:
Touchscreen Functionality: These carts feature a user-friendly touchscreen, enabling customers to access various functions such as locating products, scanning items, and self-checkout.
Storage Compartments: The storage compartments offer convenience, allowing customers to keep their shopping items organized, enhancing the overall shopping experience.
Cost Savings: Emphasize how these carts help customers save money by displaying the lowest-
priced items and offering current promotions.
Identifying the right audience is the cornerstone of any effective promotional plan. In this case, our target audience includes:
Tech-Savvy Shoppers: Those who appreciate the convenience of technological advancements.
Families and Busy Shoppers: Shoppers who need storage and organization for their purchases.
Cost-Conscious Shoppers: Individuals looking to save money and find the best deals.
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Integrated Marketing Communications (IMC)
IMC involves coordinating various promotional elements to deliver a unified and consistent message to the target audience. In the case of motorized shopping carts, our IMC strategy includes:
Advertising: Utilize print, online, and in-store advertising to raise awareness about the product. Highlight the touchscreen and compartments as key selling points.
Public Relations: Engage in media coverage and press releases to create a buzz around the innovative shopping carts.
Digital Marketing: Employ online channels to reach tech-savvy shoppers. Use social media, email marketing, and the company website to showcase the product’s features.
In-Store Promotion: Create in-store displays and demonstrations to let customers experience the convenience of the carts firsthand.
Partnerships: Collaborate with complementary brands to cross-promote the product and reach a broader audience.
Promotion Timeline
A well-structured promotion timeline ensures that the marketing efforts are coordinated and impactful:
Pre-launch Phase: Generate excitement by teasing the product’s features on social media and through teasers in-store. Announce the launch date.
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Launch Phase: Make a big splash with in-store events, press releases, and online marketing. Offer special deals to early adopters.
Post-launch Phase: Continue to promote the product through online reviews, customer testimonials, and ongoing in-store demonstrations.
The key messages for the promotional plan are crucial for effective communication:
Convenience and Efficiency: Highlight how the touchscreen and compartments make shopping more convenient.
Cost Savings: Emphasize the cart’s ability to help customers save money by finding the best deals.
Innovation: Showcase the technology-driven aspect of the product.
Measurement and Evaluation
To gauge the success of the promotional plan, it’s essential to establish key performance indicators (KPIs):
Sales Growth: Monitor the increase in the sales of motorized shopping carts.
Customer Feedback: Gather feedback through surveys and reviews to assess customer satisfaction.
Social Media Engagement: Track the engagement and reach of social media posts.
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Related Questions
PART 2: SHORT ANSWER QUESTIONS
Question 1
Some marketers believe that online stores will replace traditional stores in the near future. Other
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In what ways and to what extent do you think that non-store retailing poses a threat to
conventional retailers? Use examples to support your discussion.
Answer the question in 300 words and use at least 2 references to support your answer.
Question 2
20 years ago, Al Ries and Laura Ries indicated that it has long been a trade secret advertising doesn't really sell - and that PR has more intrinsic credibility. In 2002, they introduced the Book called “The Fall of…
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Discuss how online, mobile, and social media have changed business-to-business marketing.
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Inquiry: Why has direct marketing enjoyed such rapid growth in recent years?
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What types of advertising and promotion are used?
Does the company have a website? Who owns the site and how is it hosted?
Does the company use e-mail for marketing notifications to customers?
What are the proportions of sales by distribution channel?
How many customers can the company potentially market its products to? What would be the volume by customer?
What is the company’s market share? What is the trend?
Are there new markets in which the products can be sold?
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"In today's world customer Relationship Management is the key
to successful Marketing" - Discuss.
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The fact I,s ads are now appearing in more unconventional places in an effort to keep up with digital marketing strategies that are working with savvy consumers. However, because Nike has decided that DTC is the best option for the company, they will be required to spend more on marketing as other competitors flood the market with the help of giant retailers like Amazon. For this reason, Nile would benefit from taking a digital snapshot of its online presence. With the crazy of Facebook now fading out, the company now more than ever needs to focus on social media…
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Make a promotion strategy by describing the promotion mix- any 2 of the following:advertising, personal selling, sales promotion, personal selling, or social media for your products.
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Of the five promotion tools we have covered - Advertising, Personal Selling, Sales Promotion, Public Relations & Direct/Digital Marketing - choose ONE tool you would use to market ONE of the following products and explain why. Be sure to use your textbook as a reference.
•NRG Solar Panels
•New BMW model
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Instructions
In this assignment you are asked to review the Mini Case below and answer the discussion questions based on your understanding of marketing channels
Online, Mobile, and Social Media Marketing: Fabletics Changing Channels
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describe how you can market the brand new chat shades website through the following channels:
pay-per-click advertising
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It describes actions a consumer goes through before a business considers them a lead.
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note: details in the photo attached
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B) Special offers
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How do online retail platforms like Shopify enable marketers to change the marketing mix?
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Recommended textbooks for you
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