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write the marketing mix (people, place, product, promotion) of your small bakery business
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- Marketing Strategy and Plan choose a local small business industry that YOU are very familiar with, including the competitors. For example, a local independent hamburger restaurant like Proper Burger Co. or Millie's Burgers competing with national chains like McDonalds and Burger King and even local chains like Crown Burgers and Apollo Burgers. create a marketing strategy and plan for a specific small business in that industry. Prepare a document for your marketing strategy and plan by completing the sections below. Marketing Strategy and Plan Target market/customer (Students are free to decide this) Market segmentation and penetration (categories to be researched include) Demographics Geographics Psychographics Identify and analyze competitors (for impact to marketing strategy and plan) Product (Stage of product life cycle, packaging, support, customization) Price (Effect of product life cycle, meeting competition, cost-oriented, discounts and allowances) Promotion…Three of your friends is contemplating opening a businesses near your college campus. They seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business? For coffee shop school supply store food cartWould a very small enterprise, such as a neighborhood barbecue stand, benefit from having a marketing plan? Why or why not?
- Think about your own community (your hometown or High Point). Choose a type of business. Are similar types of businesses clustered together? Are there any outliers? What are the most popular spots and are they surrounded by similar businesses? Type your thoughtful response belowIdentify four or five potential critical success factors for a small chain of retail jewelry storesCreate A Marketing Plan about your chosen business I choose Milktea Cafe Follow the format in the pic if necessary if not you can freely make your own. I,III,IV leave this as blank
- One of your friends is contemplating opening food cart near your campus. She seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business?Select a famous organization you are familiar with and write a basic description of it to include its type, size, industry, products (or services), and so on. Determine how that organization build strong customer relationships using current thinking about customer value and relationship marketing.One of your friends is contemplating opening coffee shop near your campus. She seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business?
- One of your friends is contemplating opening school supply store near your campus. She seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business?Describe market segmentation and how does a company decide on its target markets and market segments? Using any Small Medium Enterprise (SME) as an example, justify your answer.You as entrepreneur, elaborate on your personal abilities based on the following items. a. Ability to Creating new markets. b. Ability to come up with new ideas and forms. e. Ability to generate new methods of services.