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STP and MArketing Mix
STP and MArketing Mix
STP and MArketing Mix
Marketing objectives of e-Tiles is to promote the business as a well-known brand in the mind
of our customer’s other objectives are as below:
Segmentation:
Our target markets are local authorities, schools, and commercial organizations responsible
for maintaining public spaces. Local authorities with large public parks or playgrounds that
needs repair or replacement is the ideal customer for our product, and we will segment the
market according to their size, budget, and willingness to adopt environmentally friendly
product.
Geographic Segmentation:
As schools, public parks, and city councils are available in every part of UK so we can easily
market our product nationwide. However, our focus is on the densely populated areas, such
as urban areas, cities, and towns where schools and public institutions, and public parks are
more prominent.
Psychographic/Lifestyle Segmentation:
Psychographic/lifestyle segmentation for this product is based on the target audience's values and
interests. The product we offer is tailored to the needs of schools, public institutions, and councils
that place a high value on safety, sustainability, and cost-effectiveness. A sustainable lifestyle and
environmental consciousness are likely to be among the target audience's interests. Additionally,
they may place a high value on the safety and well-being of children. Moreover, eco-friendly
products should be targeted to customers who are passionate about the environment and who
utilize sustainable and eco-friendly products.
Behavioral Segmentation:
The buying habits of the target market are the basis for the behavioral segmentation for
this product. The target market is likely to be making purchases on behalf of an organization because
the products are meant for use in public institutions. Cost, safety, and durability are just a few
examples of the variables that may affect a buyer's decision. The product may also attract those that
are seeking a much more sustainable and eco - friendly option.
Target Market:
Target Market for our e-tiles are public institutions, including schools, city councils and other
public organizations who are responsible for maintaining the public places.
We target different groups of people who are responsible for safety, maintenance, of public
places such as sidewalks, parks, and playgrounds.
We target customers who are proactive about safety measures and are willing to invest in a
safer and more sustainable environment.
Positioning:
Point of difference:
Our point of difference is that we provide Environment friendly tiles made of 100% recycled
plastic.
Point of parity and point of difference.
Sustainability
Easy to Install
Customization
Zero Vandalism
Marketing Mix:
1. Product:
We are introducing plastic or rubber tiles made of 100% recycled plastic. We offer e-tiles in different
colors and designs according to the need and preferences of customers.
2. Price:
The price that we charge for our product or service is one of the most important business
decisions we make. When we set our price, we make sure that the price and sales levels will
allow our business to be profitable.
We are using a market penetration strategy for our e-tiles, because it is a good approach to
introduce our product in market and gain market share.
3. Placement:
As schools, public parks, and city councils are available in every part of the UK we can easily
market our product nationwide. We sell our product directly to schools, local authorities, city
councils, commercial organizations responsible for public places.
4. Promotion:
Promotion plays a very important role in creating a perception of your company and your
services which you are delivering. We will promote the services of the company by using the
following marketing tactics to attract the potential customers:
The goal of our promotion strategy for e-Tiles is to increase awareness of different decisions
makers in different public institutions like in schools, city councils, and other pertinent
stakeholders. Our main objective is to draw attention to the distinctive features and
advantages of our e-Tiles, such as its durability as compared to a traditional floor made of
concrete or asphalt, Environment friendly made of 100% recycled plastic, Easy to Install,
Cost effective, dependability, affordability, and sustainability.