Making Memories
Marketing Plan
Your Name Table of Contents
1.0 Executive Summary i
2.0 Situation Analysis 1 2.1 Market Summary 1 2.1.1 Market Demographics 1 2.1.2 Market Needs 4 2.1.3 Market Trends 4 2.1.4 Market Growth 5 2.2 SWOT Analysis 7 2.2.1 Strengths 7 2.2.2 Weaknesses 7 2.2.3 Opportunities 7 2.2.4 Threats 7 2.3 Competitor Analysis 7
3.0 Marketing Strategy 9 3.1 Mission Statement 9 3.2 Marketing Goals 9 3.2.1 Product Objectives 9 3.2.2 Place Objectives 10 3.2.3 Price Objectives 10
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The income level of this segment is $40,000 and up.
3) Vacation Goers: This segment includes retired couples who love to travel. They want to look back on their great memories of traveling around the world. They have more free time than the other segments, so they can devote more time to putting together their scrapbooks. This segment 's age is between 50 and 70. Their income range is $50,000 and over.
4) Creative Entrepreneurs: This segment consists of the artsy type. Scrapbooking is their source of income. They are very creative and spend most of their time scrapbooking. This segment is predominantly female between the ages of 20 and 45. Most of this segment has graduated high school and has some college or no college education. Their need for scrapbook materials is economic since it is their source of income. In addition, they are a heavy user of our products.
5) Club Documenters: This segment includes civic clubs and organizations. Their goal is to document their functions for historical purposes and for members to obtain ideas for future activities. They also use scrapbooks as a recruitment tool to bring in new members by showing them different activities in which the organization participates.
6) Crafty Seniors: This segment contains senior citizens. They are females over the age of 65. Their income is $50,000 and over. Since most of this segment is retired, they enjoy scrapbooking on a daily basis.
PetSmart is one of the largest specialty pet retailers of service and solutions for the lifetime of pets. More than 1008 stores are open in the United States and Canada that provide pet foods and supplies that are priced reasonably. PetSmart provides all types of services for pets including pet training, pet grooming, pet boarding and adoption services. In addition to providing impressive value PetSmart has the broadest, deepest product range in the industry, including thousands of products exclusive only to PetSmart. Every year PetSmart takes care of the grooming for hundreds of thousands of pets in what PetSmart calls its PetSmart Salons. These animals are groomed and pampered by stylist who have
The marketing research approach will be used to develop the marketing strategy and tactics for the new product. The paper will identify the segmentation criteria that will impact the target market selection and identify the target market. Describe the organizational buyers and consumers of the product and the factors that influence their purchasing decisions. Discuss how these factors will impact the marketing strategy. Analyze current competitors and define the competitive landscape for the product. The attributes of the product and the pace at which product will move through the product life cycle and the factors that will impact its movement will be described. Identify the positioning and differentiation strategies for the product and the appropriate price strategy that should be used for the product. The appropriate place and promotional strategy will be used in the development of the strategic marketing plan. Develop an initial sales promotion schedule, create an advertising plan and identify public relations opportunities for the product. Analyze the impact of channel management decisions on the marketing the selected product. Select appropriate distribution channels for your product or service and address costs in terms of placement, shipping, and middlemen. Develop a budget for the plan and identify quantifiable elements that can be used to evaluate, monitor, and control the effectiveness of the marketing
As previously stated, there is currently no other electronically programmable pill dispenser on the consumer market. Prior to patenting the XG Electronic Pill Dispenser, consumers were mandated to open their pill containers each and every time dispensary was required. This is the main avenue of personal, medical dispensary in use today.
There are over 1.1 million men and woman amateur and pro bodybuilders alone in the United States. The IFBB has competitors age ranges from as young as 16 years to as old as 83 within a range categories for competition, The NutiBullet Pro is a necessary tool to assist the competitors in preparing for competitions fulfilling a need for a quick, convenient and easy way for bodybuilders to create their protein shakes, whey smoothies or one of their required 6 to 7 meals a day.
The partners of “Beyond the Bean” pondered the idea of offering a limited selection of alcoholic beverages, primarily beer and wine. But this would mean that the business’s liabilities could increase, resulting in higher annual insurance premiums. The partners decided that in a café as Beyond the Bean it would be a better choice to avoid alcoholic beverages.
We are Swift Marketing who operates as a full service agency and we have been given the task of creating a strategic communications plan for William’s and Glyn’s Bank for the duration of one year. The budget given to us is £10 million.
Although the average American woman is a size 14, the majority of clothing lines are designed with thin women in mind. Additionally, plus-size women looking for the latest trends often find themselves purchasing clothes they are not particularly fond of due to the lack of fashionable selections. Currently, plus-size women must either order their clothes from catalogs or have them custom made. In addition, Miami offers very little options in regards to physical retail stores carrying plus size fashions at affordable prices. Natural Curves seeks to fulfill the following benefits that are important to its customers.
The consortium of Memphis community theatres including Germantown Community Theatre, Theatre Memphis, Playhouse on the Square, Circuit, TheatreWorks, Harrell, and Arlington Arts Group provide immeasurable value in increasing cultural quality of
and older. These individuals will have at least a high school education, will work in all
sent to all individuals in the organization who must implement the plan or who will be affected by it. If the plan is directed to an external audience, such as friends, banks, venture capitalists, or potential investors, for the purpose of raising capital, it has the additional function of being an important sales document. In this case, it contains elements such as the strategic plan/focus, organization, structure, and biographies of key personnel that would rarely appear in an internal marketing plan. Also, the financial information is far more detailed when the plan is used to raise outside capital. The elements of a marketing plan for each of these two audiences are compared in Figure A–1. The
The business plans to boost the post by choosing segments age 30-60,this will appear to the profiles of the said group.
Coffee has been a staple in just about every country to this date and normally a coffee shop would provide this beverage. With the different items available from a vending machine why not make one those items coffee. The marketplace is changing from day-to-day and who knows what the next big thing or fad may be. With the demand for coffee at an all-time high why not take advantage of its demand in the marketplace. The best way to provide coffee in a vending machine is fresh, hot, and at a reasonable price. To accomplish this every aspect of this plan is important to ensure that the customer gets his or her money worth out of the product. The correct placement of the machines along with, the right
A marketing plan is a written document that details the necessary actions to achieve one or more marketing objectives. It can be for a product or service, a brand, or a product line. Marketing plans cover between one and five years.
Tropical Hut is one of the oldest Filipino fast food chain. It is founded in Ortigas by Mariano Que in the year 1962. It is the first local fast food chain that made “Hamburger” to be popular here in our country. Tropical Hut serves different varieties of menu on their stores. Tropical Hut restaurant not just serves Hamburgers and other fast foods but it also serves main Filipino dishes such as Palabok, Tapa, Bistek Tagalog and some other Filipino menus that Filipinos are looking for. Also, this restaurant serves breakfast menus just like other restaurants. Tropical Hut will position itself as a reasonably priced, upscale and fine fast food restaurant. Its patrons will be single as well as families; ages 20
Over the past two decades store brands have grown faster than the national brands. In recent years many retailers and wholesalers have invested in the creation of their own store brands. Since the economic decline many consumers have decided to buy store brand products over national brands, the reason is that more of this consumers are more conscious over the price of an item than the brand name. Brand name products once were known as the “generic” or “no-name” brand, but with the recent growth the brand name products they are getting rid of the cheap image that they once had. Today, many store brands offers a wide variety of products and the product selection still expanding. Retailers such as Target have store brands that are rapidly growing and achieving name-brand quality.