TABLE OF CONTENTS
Content Page
1. Executive Summary 4
2. Corporate Mission 5
3. Summary of audit findings 5
4. SWOT Analysis 6
5. Marketing objectives 6 - 7
6. Marketing Strategies 7 - 10
7. Marketing mix decisions 11 - 12
8. Budgets 12
9. Implementation 12
10. Evaluation and Control 13
APPENDICES
1. Appendix 1 : Organizational background
2. Appendix 2 : Audit Findings
3. Appendix 3 : Gabriel’s credibility Matrix
4. Appendix 4 : Implementation / Schedule of activities
5. Evaluation Report
6. References
1.0 EXECUTIVE SUMMARY Zimbabwe Newspapers
…show more content…
Economic
• High unemployment rate
• Underperforming economy
• Less disposable income
• Lack of borrowing facilities
Social
• HIV/AIDS pandemic
• Growing use of internet
Technological
• Internet and satellite television
Environmental
• Government and pressure groups raise awareness of environmental preservation.
Legal
• Deregulation of newspaper industry
3.2 Competitive environment
Zimbabwe Newspapers main competitors are Alpha Media Holdings and Associated Newspapers of Zimbabwe.
1. Competitive intensity: Less competitive as there are few firms holding large market share.
2. Barriers of entry: High, requires specialized technology and high minimum efficient scale.
3. Bargaining power of suppliers: High, few suppliers of newsprint and ink in Southern Africa.
4. Bargaining powers of buyers: weak buyers are fragmented, no buyer has influence over price or product.
5. Threat of substitutes: High because of television news, radio news, mobile news and other online news.
4.0 SWOT Analysis for Zimbabwe Newspapers Strengths
• Strong brands
• Innovative company
• Favorable access to distribution networks
Weakness
• No customer
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
Bargaining Power of Buyers - The force of the buyer’s bargaining power can reduce prices and demand higher quality products and services (Porter, 1998).
1. Strategies: A business strategy is the means by which it sets out to achieve
The global economic change has influenced the buying behavior of people around the world. Understanding and meeting the needs of the customer better than the competition is the most important aspect of marketing. For a company like AT&T to achieve this goal, it must first identify its target market. The best way to define the target market is through segmentation. This paper will provide in detail the researched information regarding the marketing plan as it relates to AT&T. Ideas and information consists of the segmentation criteria, target market, and the current competition. Finding out how these factors impact
The purpose of this article is to analyze and explore the characteristics of the marketing plan. Firstly, it will identify the role and nature of marketing plan. Secondly, it will outlines the structure of the marketing plan. Moreover, the paper will determines the each elements in the marketing plan and the linkage between these elements. Additionally, the two misconceptions will be examined. Last, it will conclude the marketing plan is indispensable to the organizations.
Canterbury renovation is a chain of homeward store in city that specializes in bathroom fittings, bedroom fittings, mirrors and decorative items. The organization is considered to be the provider of efficient and cleanly designed products that have had a large impact on the way homemakers shop, and received such recognition that the store was made into a chain in order to fulfill the needs of a larger consumer market. Canterbury renovation offers bathroom fittings, mirrors, bedroom fitting and decorative items to its customers. The analysis of each of the aspect of the company overview is provided under the following heads.
Nike Corporation has identified possible competitors as any sneaker that shares our product market and targets this market with a very similar product or service. When this situation exists, it’s important to divide the market into segments so opportunities are maximized. Maximizing opportunities can ensure that a company has implemented a well-designed and well-suited marketing mix. This correct marketing mix ensures the competitive advantage is retained and increased. Profitability
The customer analysis segment of the marketing plan provides for a description of the consumer base. This entails a detailed analysis of the customers who are most likely to buy your product. Typically, this analysis consists of information related to the purchasing habits of the customers as well as data on the characteristics of consumers such as age, gender, lifestyle, and income. These consumer characteristics will be used to divide, or ”segment” the market, allowing for more direct access and further analysis.
Bargaining Power of Buyers — Low to Moderate. If the buyer does not want a product, they can easily just change to another product in that segment. And as competitions in these markets begin to rise, many companies may be forced to compete with lower prices in the industry.
Throughout the past few weeks, each member has taken on assignments geared towards specific sections of the marketing plan, and the tasks given by our CBO. We have used our sessions to collaborate on ideas for each task in the marketing plan. Each member has dedicated their time and efforts outside of the video sessions to ensure the project is completed to the best of our abilities.
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.
Bargaining Power of Buyers: The Buyers and suppliers do not have an impact on the purchasing of the product. NutriBullet is widely distributed and
I will donate a percent of my earnings to M.A.D.D. Mothers Against Drunk Drivers for their help with regulating laws for drunk drivers. And donate time with A.A. Alcohol Anonymous
There are five alternative concepts under which organizations design and carry out their marketing strategies (in chronological order):
It is the difference between the desired level of sales & projected level of sales.