Professional Documents
Culture Documents
Marketing Plan
Marketing Plan
Marketing Plan
1. Situation Analysis
1.1. Tigers U : Company Analysis 1.1.1. Strategic Goals and Objectives : 1.1.1.1.Vision/ Goals
1.1.1.2.Sales Volume
1.1.1.4.Market Share
1.1.2. Current Focus (Sonite) and particular segments 1.1.3. SWOT analysis
1.3. Competitor Analysis Market position in Sonite Strengths Weaknesses Market shares
1.4. Market Analysis Trends Size and Growth rate for overall market of Sonite and key segments
Main opportunities and threats in regards to Sonite that this marketing plan needs to deal this period
Relative strengths and weaknesses of the product and company in facing those issues
2.2. Target Market Segmentation Description of the target market segmentation as follows:
Segment 1
Description Percentage of sales What they want How they use product How to reach them Price sensitivity
Segment 2
2.3. Action Plan: What/ Who/ When/ How much budget for each marketing Mix 2.3.1. Product decision and action plan: 2.3.1.1.What Brands to concentrate on 2.3.1.2.Quality/ Features 2.3.1.3.Scope of product line 2.3.1.4.Proposed strategy with regards to the products we have in market: 2.3.1.5.Which market to target professionals etc 2.3.1.6.When to enter 2.3.1.7.Which new brands to introduce and why
2.3.2. Price Decision and Actions: 2.3.2.1.Economy or premium pricing 2.3.2.2.Penetration or skimming
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2.3.3. Distribution (Place) 2.3.3.1. Distribution channels, such as Stores, retail, 2.3.3.2. Criteria for evaluating channels 2.3.3.3. Through which channel to sell to different segments
2.3.5. Promotion Strategy 2.3.5.1. Advertising, including how much. 2.3.5.2. Budget; determine break-even point for any additional spending 2.3.5.3. Projected results of the Advertising programs 2.3.5.4. Advertising objectives
Action items
Beginning Period
Ending Period
Responsible Department
Cost
Remarks
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5. Contingency plan
Note: Ensure that you quantify objectives, budgets, forecasts and control mechanism
6. Appendix
Exhibits Calculations of market size, commissions, profit margins, break-even analyses, etc.
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