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Marketing Plan For The Odor Shield 's Business Plan

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This paper illustrates the core concepts that are involved in the making and implementation of the Odor-Shield’s business plan, which is Measurable, Attainable, Realistic, and Timely (S.M.A.R.T.) as well as identifying the opportunities, and the initiative taken to construct something different and innovative on the market, a new business venture concept to provide a fragrance filled disposable apparel that eliminates body odor. This business plan contains the identification of the company’s target market; strategies to penetrate the target market, industry analysis, marketing plan, effective pricing strategy, and operational plan of the company in its early stages, and potential financial challenges the company may face in the future.

(I) THE BUSINESS
Company’s vision:
To make Odor-Shield a benefit to hardworking men and women in the fight against body odor
Mission statement:
The scent of your body is our priority. We strive to provide you a safe, fragrance filled quality product to eliminate body order at an affordable price
Company’s goal:
To make Odor-Shield a well known and user friendly product in the physical security industry in three years
(II) Objective
The objectives that Odor- Shield Inc. intends to focus its strategy on increasing the following by percentages:
- Increasing market share by 5%
- Increasing repeat purchase by 10%
- Increasing volume of sales in the US by 6%

Increasing Odor- Shield’s market share by 5%: Since the company is entering a

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