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Michell Marie Boutique Marketing Plan

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Marketing Plan For

Prepared by: AndreaFigueroa
Professor:Jackelyn Llave
Bus 319 Marketing

Table of Contents Page 1. Background 3 2. Strategic Focus and Plan 3 Mission Statement 3 Goals 3 Competitive Advantage 4 3. Situation Analysis 4 SWOT Analysis 5 Competitor Analysis 6 Company Analysis 6 Customer Analysis 6 4. Market-Product Focus 8 Marketing and Product Objectives 8 Market-Product Grid 9 Target Markets 9 Points of Difference 9-10 Marketing Mix Influences 11 Potential Customers 12 4 P’s 13 5. Marketing Program 13 Product Strategy Packaging 13 * Service Objectives 14 Price Strategy 18 Target Audience 21 …show more content…

| Economic | Michell Marie is a high-end store profitable per share currently rank number #1 among its competitors in panama and Ecuador | Customers are looking for more sales and coupons. High cost manufacturing prevents more discounts | Community | Charity contributions Teen Center located in Ecuador | Teen center only located in Ecuador not build in the USA | Technological | Michell Marie website provides availability to exchange season trends | Too much technology can produce costly maintenance |

Trends related to the social, economic, technological, competitive and regulatory forces that relate to Michell Marie Clothing Boutique are:

Social- Age Climate Region styles Psychographic characteristics

Economic- Consumer’s income Expenditure Resources- Cost of running the business

Technological- Online

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