5. Marketing Strategy The following marketing strategies will be used for Meet to create awareness and propagate the attractiveness of Meet to the world. 5. a) Advertisement/Promotion: It will be advertised via various online markets like Windows store, Apple store and Google Play Store. The number of downloads and rating in these pages prove to be significant in deciding trial decision. Additional advertisement may be done for major markets like China, India and US. 5. b) Launch on New Year: Tying the promotions up with the New Year can attract immense interest. Meet will have a baby cartoon character as its mascot (indicating the birth of a new fashionable and cool messenger), who speaks, pings and emotes a lot through stickers. The baby can later be made into a young teenager and stop ageing indicating the willingness of everyone to remain as a teenager when the entire world seems within reach and nothing seems impossible. 5. c) Tie up with Telcos: Tie up with telcos to promote the use of Meet will be done. The data packs can have freebies dedicated to Meet Messenger. The promotion of such packs with freebies dedicated to Meet Messenger will increase awareness and prompt customer trials making use of the attractiveness attached with the word “FREE”. Customers want to use up anything that they have for FREE with validity defined. 5. d) Promotion on applications by partners Gaming online has become a trend and promotions can be run before the start and after the end of
When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
This business plan is for Reek’s Bistro, a new medium-sized restaurant located in the Triangle area of North Carolina. The Triangle is made up of three primary cities of the Research Triangle metropolitan region, Raleigh, Durham, and Chapel Hill. Reek’s Bistro will focus on Mediterranean cuisine in an American style restaurant environment. An emphasis will be on natural foods that taste good and are good for you. The restaurant will procure locally grown produce, while offering additional services and products, such as catering and Reek’s Bistro brand items sold in grocery stores.
the Click and Collect service more convenient for customers if this trial is successful then this
On the other hand, the majority of the target market would be foreigners that would have access to computers and the internet which means that an online advertisement could also be potentially beneficial.
A successful strategic marketing process must be thoroughly developed prior to implementation. A strategic marketing plan according to Vega & Rojas (2010) is “to assign and to coordinate effectively the marketing activities and resources in order to achieve the company’s goals or strategic mission" (p. 3). The strategic plan must include target goals consistent with the company's mission statement, a plan for implementation, and a process for controlling and correcting deviations. Target goals are met by identifying marketing segmentation, which is targeting a specific market for a particular service or line
After careful review of the multinational companies that are out there today, I decided to go with HTC. As many of us know HTC is well known for their carefully crafted mobile products. HTC is mainly known for the cell phones to many but let’s take a look at things in reference to tablets, televisions and computers. As the new market manager for the company I would like to introduce the HTC M10 notebook. This notebook will include the finest Intel PC processor, a sound system constructed by Dr. Dre “Beats”, this notebook will be the ideal candidate for music and movie producers, to also include artists and tech guru’s that get’s a thrill on this type of technology. With the Intel PC processor, this will make this notebook the fastest to date and its first with eight cores, this core i7-5960X Extreme edition chip is aimed at gaming and high performance capabilities. Many know the classic notebook the one with the fold out keyboard, this HTC M10 notebook will have a push button that will allow the keyboard to eject from the monitor of the notebook, which in turn leaves the room to turn your notebook into a table at a push of finger. With the 13” screen size, and the thin monitor design of the notebook this is the ideal on the go item for many of us that do a lot on the run.
It is defined as paid form of non personal communication about an organisation, service, product, or idea by an identified sponsor. Public service announcement, which has an sporadic exception whose advertising space or time is provided by media. Advertisement involves with mass media is referred as no personal component which transport a massage to large group of peoples, often at the same time, for instance TV, radio, magazines, newspapers. Non personal component means there will be no opportunity for quick feedback from the message recipient, so the advertiser must know how the audience will interpret and respond to it, only before the message to be sent. Advertising is famous and widely spread and discussed form of promotion because of its omnipresentness. It is the main prominent promotional tool particularly for companies whose products are targeted at mass consumer markets. It is the most cost effective method for communicating with large audience. Advertising will be used to improve brand images and symbolic call for a company or brand. This is an important opportunity for companies selling products that are difficult to differentiate on practical ascribes. Other plus point of advertising is its capability to hit a responsive chord with customers when distinction across other tools of marketing mix is difficult to achieve. Good and popular advertising campaigns can sometimes be influenced into successful integrated marketing communication programs. The way and
Once one has identified a target market, he/she will have a good idea of the best way to reach them, but most businesses use a mix of advertising, personal selling, referrals, sales promotion and public relations to promote their products or services. However, in this study, promotion was looked at alongside pricing and product attribute. Further, Kotler & Ruth (2004) opine that promotion is characterized by advertising, publicity and sales promotion. Advertising involves non-personal communication transmitted through mass media. Publicity involves free promotion through news stories in newsletters, newspapers, magazines and television. Sales promotion involves all forms of communication not found in advertising and personal selling, including direct mail, coupons, volume discounts, sampling, rebates, demonstrations, exhibits, sweepstakes, trade allowances, samples and point-of purchase displays. Relatedly, Kotler & Ruth (ibid) assert that promotion is a method used to spread the word about a product or service to customers, stakeholders and the broader public. Once one has identified a target market, he/she will have a good idea of the best way to reach them, but most businesses use a mix of advertising, personal selling, referrals, sales promotion and public relations to promote their products or services. However, in this study, promotion was looked at alongside pricing and product
Marketing is an extremely dynamic and challenging field. There are numerous large organizations, medium and small-sized enterprises and self-employed, home-based businesses that engage in marketing and promotional activities that would help them promote their products and services and attract customers.
Marketing has been around since the beginning of time. When the Neanderthals figured out what fire was, it took some convincing to make others realize that it was good. They were afraid of it to begin with but when one person used it to cook its food, they started to understand that it was a good thing. Marketing was born.
There are many businesses that use various techniques to sell their product or service. Marketing Strategies is a process of using the marketing mix which consists of place, product, price and promotion to satisfy and attract consumers to make a profit for the organisations.
1. To ensure that there are an increased number of U.S and international (Brazil, France, Canada, UK, USA) visitors and tourism suppliers. (It is recognized that the objective of each country is to increase visitation to its own nation. This strategy is designed to increase visitation to more than one country thereby adding value to the efforts of the company.
Although the economic crisis has waned down, most companies are going through hard times trying to garner client confidence. This comes in the wake of regulations to see companies retain more equity mean, easier legal frameworks, and uncertainty about lending thereby forcing firms to apply strategies and restructuring plans to attract more business and stay relevant amidst growing competition. Restructuring thus requires a clearly defined plan in a skillful way to ensure that a company achieves success. This paper seeks to identify the strategies CaliFoods, Inc. a fictional retail outlet would use to improve its business.
strategies. Many of the specialist insurers such as QBE, ACE, AIG and Chubb have been in the market for years and capitalise on their brand and expertise.
In general terms, marketing is all related to the places of buying and selling of goods and services to satisfy customers’ needs. Nowadays marketing is the most important issues for success of every business marketing is the activity, set of institution, and process for creating, communicating, delivering, and