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- 5 What is the main result of each of the three phases of the strategic marketing process? (a) planning, (b) implementation, and (c) evaluation.Using a marketing planning framework of your choice, prepare a medium term strategic marketing plan and present it to the board of directors by including the following areas• Strategic intent (Vision/ Mission and Values)• Marketing objectives• Market segmentation - STP• Marketing Strategy - Ansoff’s Matrix, Generic strategies, branding strategy, competitive advantage• Tactics - 7 Ps, Organizational structure • Actions & Control - Balance score card, Budgets, Schedules2 Using Chapter 2 and Appendix A as guides, focus your marketing plan by (a) writing your mission statement in 25 words or less, (b) listing three non- financial goals and three financial goals, (c) writ- ing your competitive advantage in 35 words or less, and (d) creating a SWOT analysis table.
- I am writing a marketing plan and the teacher wants me to write an executive summary, could you help with that. Here is what I wrote, what do you think? It is supposed to be one page in length. Executive Summary This marketing plan is presented for Plato’s Closet, a thrift store located in Edison, NJ, which focuses on selling trendy used clothes and accessories from fashionable brands to young fashion conscious female consumers. Our marketing plan will show that we have the ability to be highly competitive and fill a unique niche and will also execute marketing steps to generate regular profits from sales at our store. Our demographic consists of mostly teenage and young adult women who are into fashionable trends. The owners have identified this demographic as a strong market who are passionate about obtaining trendy clothes at a fraction of the price that would be sold as new in retail mall stores. The store has a unique selling proposition as opposed to other general thrift stores…Kindly help in the light of 'consumer analysis and research. Please prepare a presentation to your leadership team with three areas of exploration. Give An overview of the critical areas of your corporate strategy, key profit drivers, and customer strategy, including target profiles, positioning strategy, value proposition, and profitability. Your critical analysis and assessment of the above. Focus your analysis on the essential elements and drivers of customer value. Tick a unique position to reverse-engineer your product and service offerings to increase value simultaneously for your organization and its customers. Based on your analysis, make strategic recommendations that be meaningful, tangible, actionable, and recommendations supported by evidence. and financial projections for whatever it is you are proposing, at a minimum, some back-of-the-napkin revenue forecastingTable of Contents Using the attached Marketing Strategy Template, for your preliminary Marketing/Business Plan (60–80% completed) for your product or service Our company will be providing the service of real Estate videography and the name of the company is Benjy Studios Executive Summary Business Overview o Company Name, Leadership Team, Mission Statement o SWOT Analysis Business Initiatives o Overarching initiatives: problem you are solving, marketing initiatives, goals, metrics production and distribution resources Target Market(s) o Industry Name, Market Segments, Buyer Profile(s), Competitive Landscape Analysis Market Strategy Product, Price, Promotion, Place, People, Process, Physical Location Marketing Channels How and where will you market your product, i.e. website, social media, radio, etc. Financial Forecast and Budgets Variable Costs, Fixed Costs, 3 YR Sales Forecast, 3 YR Financial Performance Action Plan The next three steps you will…
- Executive Summary FOR WALMART Company Description Briefly describe the organization and offerings (products and/or services) your marketing plan focuses on, and the problem(s) they solve. Target Segment Identify and briefly describe your target segment. Competitive Advantage Explain your organization’s competitive advantage.Outline the steps that you would take in developing a strategic marketing plan for a company? How would you utilize the Bosting Consulting Matrix and Ansoff Matrix in this planning process?Complete a Competitive Profile Matrix (CPM), use at least 12 factors and three (3) competitors, including Walmart (Walmart + two more companies). Provide analytical comments on matrix results and four (4) factors, and cite sources in the APA format. Please submit CPM in excel. Create a Market Positioning Map (MPM) for Walmart and at least its two (2) significant competitors (the same competitors that you use in CPM can be used for MPM). Discuss the consumer perception of Walmart's products, services, and marketing strategies. Provide analytical comments on matrix results and sources in the APA format. You may submit MPM in word, excel, PowerPoint, or any other form. Complete the External Factor Evaluation (EFE) matrix with ten (10) opportunities and ten (10) threats. Provide analytical comments on matrix results, three (3) options, three (3) threats, and sources in the APA format.
- Select an existing company and carry out an analysis of it based on the concepts of strategic planning Write an introduction on the topic of strategic planning Describe the company and the products or services it offers Evaluate the mission and vision Carry out a SWOT analysis, Identify how the company achieves competitive advantage Explain what other strategic options the company can take to achieve future growthMini-Case: Taking CleanSoaps to the next level……The bigger and stronger the competition is, the better an entrepreneur’s marketing strategyneeds to be. That being the case, Sharon John and Jill Scott may need your help with a marketingstrategy. Sharon and Jill have started a business which breaks into the $150 million laundrydetergent market, competing directly with the likes of Procter & Gamble, P&G, an Americanmultinational consumer goods company headquartered in downtown Cincinnati, Ohio, UnitedStated formed in 1837 by William Procter and James Gamble. It is a Global manufacturing,distribution and marketing company focusing on providing branded products with superior qualityand value. They started their business by making and selling only soaps & candles but then thecompany provided over 300 brands reaching consumers in about 140 countries. Since 2000 theirsales had grown more than 40% & profit had more than doubled. They have acquired manyproducts brands &…Mini-Case: Taking CleanSoaps to the next level…… The bigger and stronger the competition is, the better an entrepreneur’s marketing strategyneeds to be. That being the case, Sharon John and Jill Scott may need your help with a marketingstrategy. Sharon and Jill have started a business which breaks into the $150 million laundrydetergent market, competing directly with the likes of Procter & Gamble, P&G, an Americanmultinational consumer goods company headquartered in downtown Cincinnati, Ohio, UnitedStated formed in 1837 by William Procter and James Gamble. It is a Global manufacturing,distribution and marketing company focusing on providing branded products with superior qualityand value. They started their business by making and selling only soaps & candles but then thecompany provided over 300 brands reaching consumers in about 140 countries. Since 2000 theirsales had grown more than 40% & profit had more than doubled. They have acquired manyproducts brands &…