Question: Executive Summary: This marketing plan begins with a situation analysis a description of our current state of affairs and possible changes to that status quo.
Executive Summary:This marketing plan begins with a situation analysisa description of our current state of affairs and possible changes to that status quo. You will discuss strategic choices in selections of customer segments to pursue, and the market position that you seek to achieve to best serve them.Situation Analysis:CustomersThese are our current customersThis is what they buyHere are possible customer issues to considerCompany:Currently, we are:This marketing plan is to facilitate our achieving the goal of becoming:Context:Economic factors of concern for us:Political factors include:Legal issues looming:Technological "threats"opportunities include:Larger societal concerns that may affect us include:Collaborators:Modifications we seek in our supply chain partners:Modifications we seek in our distribution channel partner network:Competitors:Certain competitors may be a threat, specifically:What are these competitors' strengths:Strategic Development:Segmentation:Based on our marketing research, customer segments may be described as follows.We currently serve:We are considering moving toward or also servingFor now, we are not interested in servingTargeting:To serve a customer base of sufficient size and profitability, we should pursue:We believe that a focus on this customer base fits with our strategic corporate goals:We considered other segments, and their relative attractiveness is as follows:Positioning:Overall, we will seek a strategically market position of:This market space should compare favorably to our competitors positions:An overview of the marketing mix variables description to be discussed in length belowMarket Positioning, Strategies and Tactics:Product:Our product is at this phase in the product life cycle:The quality of our product should be considered by customers to be:Our customers primarily seek these benefits:and when they think of our brand, they think of these associations:Price:Given our strategic positioning, here are our pricing considerations.Our customer price sensitivities seem to be:Our suggestions on occasional price discounts are these:We recommend segmentation pricing as follows:PlaceDistribution:Our ideal distribution system would be:We will use promotions to spur trade partners and consumer involvement per:We will address potential partner conflicts via:Promotion:Our marketing communications advertising goals are:We will measure the effectiveness of our promotions by:We will apportion our advertising budget across media as per this IMC plan:In sum, this marketing plan offers a strategic vision to attain longterm customer satisfaction and loyalty, and our firms profitability.
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