Question: ( 2 5 % marks ) The purpose of this assignment is to enhance the learner's ability to evaluate issues and analyse challenges faced by

(25% marks) The purpose of this assignment is to enhance the learner's ability to evaluate issues and analyse challenges faced by organizations in the real-world paractices into academic concepts. - Eco-friendly store -You have a friend named David who is a passionate environmentalist and runs a small eco-friendly products store in a suburbun area. David's store offers a range of sustainable and environmentally friendly products, but he's been struggling to compete with larger retailers and e-commerce giants. David's store faces stiff competition from larger retailers and e-commerce giants that have extensive resources a a wider product range. These companies can often undercut prices, making it challenging for David to compete solely on price. Although David's store is in a suburbun area, its reach is limited compared to online competitors. Many potential customers may not even be aware of the existence of his eco-friendly store. David has primarily relied on his store's mission and word-of-mouth recommendations. While this approach is commendable, it limits his ability to tap into vast online market, where many consumers look for sustainable products. David's store may face the challenge of standing out in a crowded market. To succeed, it's essential to differentiate his offerings from what larger retailers and e-commerce giants provide. The objective of this assignment is to develop a comprehensive marketing strategy for David's eco-friendly products store, addressing the challenges he faces in competing with larger retailers and e-commerce giants. Your strategy should focus on expanding the store's reach, increasing online visibility, and differentiating its offerings. Your task is to prepare a report according to the format given on the need of integrating the e-commerce platform for the bookstore. The report must address the following: a) Conduct a thorough market analysis to identify the eco-friendly products markets's current trends, consumer preferences, and competitive landscape.b) Develop a strategy to establish a strong online presence for David's store.(c)Provide strategies to help David's store differentiate itself from larger competitors. (d) Highlight the potential benefits of the proposed strategy for David's eco-friendly store. Your answer for the assigment must be prepared according to the format as below: Section 1.0(a)Heading: Introduction. (b)Criteria: (i)You are to provide a clear background and(ii) the nature of the business. Section 2.0(a)Heading: (i)Conduct a thorough market analysis to identify the eco-friendly products market trends,(ii) consumer preferences(iii) competitive landscape. (b) Criteria: You should(i) complete a detailed, clear, and rational evaluation of market analysis. (ii) Analyse the strengths, weaknesses, opportunities, and threats (SWOT analysis) for David's store. Section 3.0(a ) Heading:Develop a strategy to establish a strong online presence for David's store. (b) Criteria: (1)Suggest ways to optimize the store's website for search engines (SEO).(2) Determine which e-commerce platform. (eg. Amazon, Etsy, Shopify) are suitable for expanding the stores online reach (3) Outline a social media marketing plan for David's store, including the platforms to be used (e.g. Instagram, Facebook, Pinterest).(4) Describe the content strategy that includes eco-friendly living tips, product highlights, and engaging with eco-conscious community. Section 4.0(a) Heading: Provide strategies to help David's store differentiate itself fom larger competitors. (b) Criteria: (1) Suggest unique selling propositions (USPs) that differentiate David's store from larger competitors. (2) This could include exclusive product lines, personalized customer service, or a strong commitment to environmental causes. (3) Encourage innovation, such as introducing innovative eco-friendly products or packaging solutions that competitors do not offer. Section 5.0(a) Heading: Highlights the potential benefits of the proposed marketing strategy for David's eco-friendly store (b)Criteria: (1) Emphasize (i) the potential benefits of the proposesd marketing strategy for David's eco-friendly store,(ii) such as increased brand visibility (iii) greater customer engagement (iv) ultimately, improved sales and (v) sustainability impact. (2) This additional detail should provide a clearer understanding of the expectations for each component of the marketing strategy assignment. Section 6.0(a) Heading: Summary (b) Criteria: Provide (i) a concise summary of the key components of the marketing strategy, (ii) including online presence (iii) social media (iv) market analysis, and (v) differentiation strategies.
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