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Marketing Planning Jordan Toothbrushes

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TABLE OF CONTENTS
I. Executive summary 1
II. Introduction 2
III. Company profile 2
IV. Situation analysis 3
4.1 Situational Environments 3
4.1.1 Demographic Situation 3
4.1.2 Economic and Business Conditions 3
4.1.3 Social and Cultural Factors 4
4.1.4 Legal/Political Situation 5
4.1.5 Demand and Demand Trend 5
4.2 Competitor Environment 6
4.2.1 General Assessment 6
4.2.2 Competitors' Strengths and Weaknesses 6
4.2.3 Comparison of Jordan Toothbrush with Competitors' Products 7
V. Strengths, Weaknesses. Opportunities and Threats analysis 8
5.1 Strengths Analysis 8
5.2 Weaknesses Analysis 9
5.3 Opportunities Analysis 10
5.4 Threats Analysis 10
VI. Target market 11
VII. Marketing objectives 11
VIII. Marketing strategy 13 …show more content…

The population is quite youthful, approximately 50% are under the age of 30. High population results in a high demand for toothbrushes.
4.1.2 Economic and Business Conditions
Average annual GDP growth rate over the recently ten years was 8.2%. In 1998, due to the regional currency crisis, Vietnam could not reach the budgeted 9% economic growth this year. In August, the National Assembly of Vietnam approved the revised economic growth of about 6% in 1998. See Figure 1 for GDP growth rate of the period 1988 to 1998.

Figure 1: GDP Growth Rate for the Period 1988 to 1998
(Source: Data from 1988 to 1997 - Vietnam Economic Times, Sep. 30, 1997, Statistical Yearbook 1997; Data for 1998 - Statistics Committee of Vietnam).
Under the pressure of the regional current crisis, the Government of Vietnam had to devaluate the Vietnamese Dong to maintain its competitiveness in export. For the time being, the current exchange rate of VND against US$ is 14,000, but it is predicted that it will be further devaluated by 7% by the end of 1999. Together with the introduction of the value added tax, it will make imported products more expensive next year.
The most notable achievements of the economic renovation policy are the control of hyperinflation and overcoming recent economic crisis and depression. The high inflation rate of 750% in 1986 was reduced to 68% in 1991. Over the past five years, inflation rate was maintained around 9.5%.
The unemployment rate was 17.5% in

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