Professional Documents
Culture Documents
Marketing Plan: Executive Summary
Marketing Plan: Executive Summary
Executive Summary
In this report a marketing plan is formed for Patch Plants, a relatively new company
Appendix 1- PESTEL
Political
Economic
Social
It is trendy to be eco-friendly:
The younger generation are opting to be more eco-friendly because the negative
implications of previously not looking after the Earth is starting to show. This societal change
has led to 73% of people 22 and under are more willing to pay
more for sustainable items. (https://adage.com/article/cmo-strategy/generation-z-willing-
pay-more-eco-friendly-products/2227101) This means that people are more likely to buy
plants and look after them as they know it is more beneficial to the planet. Patch plants
should take advantage of this and promote their product on social media, so it reaches the
younger generation. They should focus on people in this age demographic and make
them the target audience for their company because it is easier to persuade them to buy
plants.