Please no plagiarism, Choose any business organization of your interest and anal
ID: 353324 • Letter: P
Question
Please no plagiarism, Choose any business organization of your interest and analyze it accordingly. 1. Prepare a market plan to launch a new product or Services for your business in the market. 2. Analyze tools and technologies to support the business. 3. What strategies are to be implemented in the market Plan to tackle competition. 4. Project your business by using the following: A. Situational Analysis (SA) a) SWOT analysis b) Industry Analysis c) Projections on market demand. B. Market and Cost Analysis (MA) a) Segmentation analysis and strategy. b) Positioning in the marketplace. c) Procurement of goods and Services d) Major customer acquisition techniques, online advertising, ad serving and targeting C. Market tools and Application( MA ) a) Core Marketing Concepts and define value chain b) Use of Branding and video marketing c) E mail Marketing and Social Media Marketing d) Available tools of E Commerce D. Web-enabled Supply Chains (WEB) a) SEO and Search engine marketing b) Use of Web application for the outsourcing of logistics services c) Cloud computing and Customer Relationship Management 5. What scope and limitations of electronic media (e marketing as well as digital marketing) your Business will possess in the world of marketing business.**I need the draft note today please Thanx Please no plagiarism, Choose any business organization of your interest and analyze it accordingly. 1. Prepare a market plan to launch a new product or Services for your business in the market. 2. Analyze tools and technologies to support the business. 3. What strategies are to be implemented in the market Plan to tackle competition. 4. Project your business by using the following: A. Situational Analysis (SA) a) SWOT analysis b) Industry Analysis c) Projections on market demand. B. Market and Cost Analysis (MA) a) Segmentation analysis and strategy. b) Positioning in the marketplace. c) Procurement of goods and Services d) Major customer acquisition techniques, online advertising, ad serving and targeting C. Market tools and Application( MA ) a) Core Marketing Concepts and define value chain b) Use of Branding and video marketing c) E mail Marketing and Social Media Marketing d) Available tools of E Commerce D. Web-enabled Supply Chains (WEB) a) SEO and Search engine marketing b) Use of Web application for the outsourcing of logistics services c) Cloud computing and Customer Relationship Management 5. What scope and limitations of electronic media (e marketing as well as digital marketing) your Business will possess in the world of marketing business.
**I need the draft note today please Thanx Please no plagiarism, 1. Prepare a market plan to launch a new product or Services for your business in the market. 2. Analyze tools and technologies to support the business. 3. What strategies are to be implemented in the market Plan to tackle competition. 4. Project your business by using the following: 1. Prepare a market plan to launch a new product or Services for your business in the market. 2. Analyze tools and technologies to support the business. 3. What strategies are to be implemented in the market Plan to tackle competition. 4. Project your business by using the following: A. Situational Analysis (SA) a) SWOT analysis b) Industry Analysis c) Projections on market demand. B. Market and Cost Analysis (MA) a) Segmentation analysis and strategy. b) Positioning in the marketplace. c) Procurement of goods and Services d) Major customer acquisition techniques, online advertising, ad serving and targeting C. Market tools and Application( MA ) a) Core Marketing Concepts and define value chain b) Use of Branding and video marketing c) E mail Marketing and Social Media Marketing d) Available tools of E Commerce D. Web-enabled Supply Chains (WEB) a) SEO and Search engine marketing b) Use of Web application for the outsourcing of logistics services c) Cloud computing and Customer Relationship Management A. Situational Analysis (SA) a) SWOT analysis b) Industry Analysis c) Projections on market demand. B. Market and Cost Analysis (MA) a) Segmentation analysis and strategy. b) Positioning in the marketplace. c) Procurement of goods and Services d) Major customer acquisition techniques, online advertising, ad serving and targeting C. Market tools and Application( MA ) a) Core Marketing Concepts and define value chain b) Use of Branding and video marketing c) E mail Marketing and Social Media Marketing d) Available tools of E Commerce D. Web-enabled Supply Chains (WEB) a) SEO and Search engine marketing b) Use of Web application for the outsourcing of logistics services c) Cloud computing and Customer Relationship Management 5. What scope and limitations of electronic media (e marketing as well as digital marketing) your Business will possess in the world of marketing business.
**I need the draft note today please Thanx
Explanation / Answer
I want to start my beauty products in the market. So this is new product , before launch new product in the market it is important to know about the market conditions and make plan accordingly . Market plan helps to understand measure success and build to know about the target market of our new product .To make buisness plan most effectively and efficiently considers the following points which are as follows
Set goal : to launch new product in market it is important to set goals and expectations like what's product sales target and in how much times organization can achieve the goal etc.
Targeting audience : second step is targeting audience which is important part of marketing plan for e.g my product is related to beauty and cosmetic so market team try to target women especially working womens because it can affect on sales of product and helps to increase the market share .
Finding spokesperson : these people write online social blogs and review . They are generally expert or enthusiastic customer give their opinion on products and have special weight on their opinion so my marketing team try to make relationship them and provide free sample of product .
Following tools and technology are use to support buisness :
E-mail marketing : E-mail marketing is a part of internet marketing . This is best way to advertise new product and aware people about product by sending emails to potential and current customer regarding our new product and new offer .
Social media and content tools : In this compitive environment social media helps to business so that their target audience get to know about the product and make excited them about new products . Because this is technology time period and by the help of technology everything make so easy and to reach the different region of customer also easy .
Organization and productivity tools : To make buisness more efficient and effective, it is important to use technology tools in organization and productivity so it's saves times as well as manpower .
3. Different strategies to be implemented in market plan to tackle the competition:
Indetifying the competitors : the first and foremost step to make strategies to compete the competitors to know about our product competitors and their market share in the market so market team to know how much the level of competition and then make strategies according to it.
Analysing competitors : after identifying your customer now it's important to analyse the competitors tactics to deal with the customer like try to know their product offer, price of product and demographic customers etc . We can know this by visiting their websites and newspapers advertise etc. So after analyse competitors strategies we fix low price product to get more market share .
Knowing customers : knowing customer is very important to fix step in market . Talk with current customer and take a survey about the product what's changed they want in the product and how the products can be more innovative .
Ans 4. A). Situational analysis : Buisness can run in dynamic environment where every second buisness environment change so to success in this dynamic environment it's important to take right decision for organization so situational analysis helps to make right decision by market research so we know where business is stand. Following tools to be used :
Marketing research
Internal analysis
External analysis
B.SWOT analysis : SWOT analysis is important part of any projects . Without Swot analysis project can not be successful .SWOT refers to
Strength: this helps to decide what's things is different from compitors organization has like loyalty towards customers, great after service, good technology etc what's the strong point of organization
Weekness : Consider those factor which areas need to improve
Opportunity : to know about what goods thing and opportunities to be comes on way if successful businesses like to comes changes in any government policy , technology etc .
Threat : threat refers to competitors strategies , what they are doing and their policy like they can change their product price lower rate and new entries in the market , increase competition all are the threat for organization.
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