Define your company target market

Assignment Help Business Management
Reference no: EM132358232

Assignment : Marketing Plan

This assignment consists of two sections: a marketing plan (Word document) and Marketing Budget (Excel document)

Note: You must submit both sections as separate files for the completion of this assignment.

For the first 6 months your company is in business-to give you time to perfect your product and to learn from actual customers-you will start marketing and selling in your own community, a radius of 25 miles from where you live.

For most non-alcoholic beverages, marketing (as opposed to the actual product itself) is key to success. Cola drinks, for example, are fairly undifferentiated, as are many energy drinks, juices, bottled water, and the like. Companies producing these types of beverages differentiate themselves and attract market share through marketing and brand awareness-both of which are critical to success.

Section 1: Marketing Plan and Sales Strategy (MS Word or equivalent)

Write the 3-5-page marketing plan and sales strategy section of your business plan in which you do the following:

1. Define your company's target market.

a. Analyze the types of consumers who will be drinking your beverage in demographic terms (i.e., age, education level, income, gender, ethnic group, etc.). Outline the demographic information for your company specified on the worksheet in the course text (p. 107 | Demographic Description).

b. Support your analysis with actual data on the size of the demographic groups in your local community (nearby zip codes).

Attachment:- Marketing Plan.rar

Reference no: EM132358232

Questions Cloud

Inventory plan-about high inventory levels : In this assignment, you will develop an inventory plan for a merged organization that responds to management concerns about high inventory levels.
Discuss your stance on the chosen legislative action : Discuss your stance on the chosen legislative action and how it impacts the core beliefs and ethics of the facility you that you've chosen.
Compare and contrast closed internal recruitment system : Compare closed internal recruitment system with open internal recruitment system.What information should be included in targeted internal communication message?
What are the cons that arise with each leadership style : HCAD 701 Healthcare Organizational Behavior Assignment, Louisiana State University, USA. What are the cons that arise with each leadership style
Define your company target market : This assignment consists of two sections: marketing plan and Marketing Budget. Define your company's target market.
Discussion around any functional component of business : You may frame your discussion around any functional component of business, and in any context; problem-solving, management, leadership, organizational behavior,
Nab company portfolio from your business plan : You will have to include all the equipment, technology and personnel listed in your NAB Company Portfolio from your business plan.
Global communication strategies-advertising and sales : "Global Communication Strategies, Advertising, and Sales". creating effective advertising content and selecting the right advertising platforms is key objective
Traditional lines of vehicles with all electric models : Suppose General Motors wants to replace one of their traditional lines of vehicles with all electric models. How could GM use game theory to identify

Reviews

Write a Review

Business Management Questions & Answers

  What types and amounts of exercise would work best for you

Input your 3-day activity data into the Activity Journal within iProfile. What types and amounts of exercise would work best for you?

  Design presentation to be used in an online collaboration

Create a 10- to 15-slide presentation using a presentation tool. Design the presentation to be used in an online collaboration setting with a group of three or more participants.

  Looking at the world through half-filled glasses

A randomly selected group of 60 students is given a lecture on 'looking at the world through half-filled glasses' and then takes the optimism scale.

  Infrastructure in the real-world business situation

Can you describe one weakness or threat with the greatest potential for impact on an IT infrastructure in the real-world business situation?

  Explain what is the company with poor customer relations

Explain What is the company with poor customer relations doing wrong and What are the results of the actions of the companies? For instance, financial, public relations, or employee issues?

  What is the value of learning and being able to apply

what is the value of learning and being able to apply organization behavior ob theory. how relevant is the growing body

  Students about attitudes on a variety of subjects

An annual survey of first-year college students asks 270,000 students about their attitudes on a variety of subjects. According to a recent survey, 54% of first-year students believe that abortion should be legal. Use a 0.05 significance level to ..

  Biggest challenges to knowledge management

Sharing can be one of the biggest challenges to knowledge management. Knowledge management often fails to live up to its ideal goals of knowledge sharing due to a lack of incentives. Outline an incentive strategy and describe how you would evaluat..

  Compute the product cost per unit for each job using abc

Which costing systems more accurately assigns to jobs the cost of the resources consumed to produce them?

  Macroeconomics and microeconomics impact on daily

macroeconomics and microeconomics impact on daily livesthere are many reasons for changes to be made to our plans to

  Explain the definition of organizational behavior

Without using outside sources, please explain the definition of organizational behavior and describe the role and purpose of organizational behavior.

  Committed acts of negligence

There are instances in which the patient and/or their family decides not to sue a physician alleged to have committed acts of negligence.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd