...Marketing Plan Target Market Our key customers are other businesses. We will not have direct contact with the client. Here are few strategies for marketing that we have come up with 1. Participate in conference, or Exhibitions and have our products in display 2. Arrange high level meetings with pharmaceutical laboratories and provide them competitive pricing 3. Send free batch or samples to research laboratories, pharmaceutical companies 4. Market products via other chain of business such as whole foods and Wal mart Position The company is currently promoting only smaller range of herbal extracts and essential oils, but in next 10 years, Herbal Therapy Inc. will fulfill the custom orders from its clients in terms of photochemical extraction and also expand the business internationally. Competitors Key competitors will be larger companies like Young Living Inc., and doTERRA who are already leaders in the current market. It is crucial for the company to deliver a cheaper, pristine, superior quality of product with a better strategic marketing. As a new company, there will be several roadblocks that the company will face throughout our development, manufacturing and distribution of the product. But it can be overcome by providing affordable products without compromising the quality and customer service and also by a rigorous marketing plan. Uniqueness Lets take an example of young living Inc. when they make their products, they directly extract them from...
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...plastic containers, custom plastic parts, and plastic fan parts. The company has many manufacturing location in the United States and one location in China. The company is a subsidiary of Riordan Industries, a fortune 1000 enterprise (Apollo Group, Inc., 2006). Riordan Manufacturing is looking to increase their market presence by offering a better product based upon their product sales and past and present marketing and sales plans. However, the data needed is in several different databases, paper files and microfiche. A data warehouse would solve the issue of having the information disbursed in many locations and allow the company to quickly analyze the information for better decision making. To pull the information needed for proper analysis a few things must take place. The first item to tackle would be to complete a enterprise wide analysis of the data requirements. This would include having the data that are in paper files and microfiche integrated into the current operational source systems. Once completed a data warehouse will need to be constructed to that will extract data from the existing databases and consolidate the data in one location. The data warehouse architecture that should be used in situation would be the hub and spoke. The hub and spoke architecture is a design were a main data mart is created to house all the clean data. The operational sources are connected to the main data mart and provide all the data regarding the company's operations. This new data...
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...Essential Oils and Plant Extracts Five-Year R&D Plan 2008 – 2013 RIRDC Shaping the future Essential Oils and Plant Extracts Five-Year R&D Plan 2008 to 2013 May 2008 RIRDC Publication No 08/053 © 2008 Rural Industries Research and Development Corporation. All rights reserved. ISBN 1 74151 642 0 ISSN 1440-6845 Essential Oils and Plant Extracts R&D Five-Year Plan 2008–2013 Publication No. 08/053 The information contained in this publication is intended for general use to assist public knowledge and discussion and to help improve the development of sustainable regions. You must not rely on any information contained in this publication without taking specialist advice relevant to your particular circumstances. While reasonable care has been taken in preparing this publication to ensure that information is true and correct, the Commonwealth of Australia gives no assurance as to the accuracy of any information in this publication. The Commonwealth of Australia, the Rural Industries Research and Development Corporation (RIRDC), the authors or contributors expressly disclaim, to the maximum extent permitted by law, all responsibility and liability to any person, arising directly or indirectly from any act or omission, or for any consequences of any such act or omission, made in reliance on the contents of this publication, whether or not caused by any negligence on the part of the Commonwealth of Australia, RIRDC, the authors or contributors. The Commonwealth of...
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...Analysing Self and Organisation HR837 Self Analysis Assignment John Hall Student Number: 05020550 January 2007 Word Count: 3220 Tutor: Gillian Forster Contents Introduction: p 3 Application of Honey and Mumford Theory: p 3 Analysis of Kolb’s Learning Styles: p 6 Application of Belbin analysis: p 10 Personal SWOT Analysis: p 12 Rationale behind Personal Development Objectives: p 14 Conclusion: p 15 Bibliography: p 16 Appendix: p 17 Introduction In this assignment it is my intention to analyse a range of learning style models and relate them to a personal analysis in order to determine strengths and weaknesses and demonstrate a process of critical evaluation. These strengths and weaknesses will tie in to a personal SWOT analysis which will combine to highlight the rationale behind the Personal Development Objectives outlined towards the end of the assignment. Telford states that ‘It’s hard to imagine that our self improvement efforts will be successful without considering what is this “self” we want to improve’ Telford (2005) p9. And it is this concept which is sometimes difficult for us to embrace. The notion of looking closely at oneself and carrying out a critical analysis can at times be quite uncomfortable but as demonstrated above it is necessary in order to embark upon the process of self improvement. Honey and Mumford The dictionary definition of learning is ‘to obtain knowledge or awareness of...
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...Task: Marketing Plan Analysis – Research Project Title: Etihad Airways - Marketing Plan Date: 20th November 2014 Company Background Etihad Airways is the national carrier of the United Arab Emirates, as well as carrier of the Abu Dhabi region. Royal (Amiri) Decree of Abu Dhabi first established Etihad Airways in July 2003 (Rodrigues, 2010, Etihad Airways – Marketing Plan). The Airline since commenced its commercial operations in November 2003, taking the lead in the fasting growing Airlines in the history of commercial aviation (2014, Etihad Airways). Synopsis This business report will critically analyse the extent to which, the five elements of the marketing process is addressed in the Etihad Airways Marketing Plan. The report will be divided into six main categories under the Marketing Process, they include; Situational Analysis, Market Research, Establishing Marketing objectives, Identifying Target Markets and Developing Marketing Strategies. In continuation, this report will address areas of strength and weakness in the business as well as three realistic recommendations to improve the Airlines marketing plan. Page 2 Table of Contents 1. Situational analysis…………………………………………………………….4 2. Market Research………………………………………………………………..5 3. Establishing Marketing Objectives………………………………………….6 4. Identifying Target Markets…………………………………………………….7 5. Developing Marketing Strategies…………………………………………….7 6. Implementation, Monitoring and controlling...
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...Term Paper On LAUNCHING OF LUX FACE WASH (With reference to course, MARKETING MANAGEMENT, MGT 514) Submitted to: Submitted by: Dr. GIRISH TANEJA RAJIV GUPTA ROLL NO: B34 SEC: RR1902 REG NO: 10901946 ACKNOWLEGEMENT First of all we would like to thank Lovely Professional University and take the opportunity to do this project as a part of the M.B.A. Many people have influenced the shape and content of this project, and many supported me through it. I express my sincere gratitude Dr .GIRISH TANEJA sir for assigning me a project on LAUNCHING OF LUX FACE WASH which is an interesting and exhaustive subject. He has been an inspirational and role model for this topic. His guidance and active support has made it possible to complete the assignment. I would also like to thank my friends who have helped and encouraged me throughout the working of this project. Last but not the least I would like to thank the Almighty for always helping me RAJIV GUPTA Index Company profile Business Mission Market Objective Situation Analysis SWOT Analysis Marketing Strategy Marketing Mix Implementation, Evaluation and Control Conclusion LUX Company Profile Since 1929, Lux in step with the changing trends and evolving beauty needs of the consumers, offers an exciting range of soaps and Body Washes with unique elements to make bathing time more pleasurable. One can choose from a range of skincare benefits like firming, fairness and moisturising. Lux stands for the promise...
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...2313) Case Study: Holista CollTech: Direction for Focused Growth INDIVIDUAL ASSIGNMENT LECTURER’S NAME: DR. ADRIANA MOHD. RIZAL SECTION: 02 COURSE: MBA GENERAL PART TIME (JB) NAME: SITI ZAINAB BINTI ZAINOL MATRIX ID: MBS 141025 Case III Assignment Questions (Holista CollTech): Case Summary In December 2009, Holista CollTech Ltd. was established as a biotechnology company and its core business was the production of ovine collagen and Kacip Fatimah extracts. The ovine collagen was used mainly in a broad range of food, health supplements, cosmetics, and medical products, while Kacip Fatimah extracts were ingredients for food and supplements products. Holista CollTech's corporate vision was to be a global player in the multi-billion dollar collagen and herb extract markets. However, it faced fierce competition in the collagen market which was already dominated by a number of large multinational firms, and in the herb extract market in which competition was becoming increasingly intense due to the rising number of imitators. This was a challenging situation for Holista CollTech Ltd. since these competitions could prevent the company from achieving its objective to increase its control in these two markets. 1. What were Holista CollTech’s businesses? What were the company’s long-term objectives? The Holista CollTech’s businesses can be divided into two catagories. The first business is R&D outputs and licensing...
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...ABOUT THE COMPANY 1. Details about the promoters of the company. Johnson and Johnson 2. Vision and Mission of the company credo, it states that as a company, their first and number one responsibility is to the doctors, nurses, patients, mothers, fathers, employees, communities, and stockholders. Their credo challenges them to put the needs and well-being of the people they serve first. * Provide high quality products for doctors, nurses, patients, and parents. * Treat employees as individuals with opportunities for development and advancement. * Support good works and charities in each community . * Meet the responsibility to the stockholders by making a sound profit, while continuing research and development. 3. Historical background of the company Three brothers, Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson, found Johnson & Johnson in New Brunswick, New Jersey, U.S in 1886 Their initial focus was on bandages, sterile sutures, wound care and baby products. Their first-aid kits, originally sold to railroad workers, would later become a staple in nearly every household. They also sold women’s health products, including sanitary protection products and maternity kits with first-aid products to assist in home births. Johnson and Johnson in India Johnson & Johnson spread its root into India 67 years ago. Since then, the Company has brought many innovative ideas, products and services to improve the health and...
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...Coca-Cola The most recognized brand name in the world got its start in an Atlanta pharmacy, where it sold for five cents a glass. The name Coca-Cola, registered as a trademark on January 31, 1893, was based on two of the drink’s ingredients: extracts from coca leaves and the cola nut. In its early days, when the drink contained a form of cocaine, a drug made from coca leave extracts, the Coca-Cola was marketed as an “Esteemed Brain Tonic and Intellectual Beverage.” The company’s first president, Asa Candler, was a savvy businessman who implemented numerous marketing strategies to increase consumption. At Candler’s behest, the company printed coupons offering complimentary first tastes of Coca-Cola, and outfitted distributing pharmacists with clocks, calendars, and scales bearing the Coca-Cola brand. The drink soon became a national phenomenon; by 1895, the company had established syrup plants in Chicago, Dallas, and Los Angeles. Coca-Cola expanded beyond the American borders in the early 1900s into numerous countries including Cuba, Puerto Rico, and France. In the 1920s, Coca-Cola pursued aggressive global branding, finding creative placements for its logo such as on dogsleds in Canada and on the walls of bullfighting arenas in Spain. During World War II, the U.S. Army shipped bottles of the beverage and bottling plants abroad to supply American soldiers in Europe and Asia. Its popularity throughout the world was fueled by colorful and persuasive advertising...
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...offering high quality bubble tea to customers. This plan starts with the analysis of marketplace in the United Kingdom, and then move onto the available strategy of which 50Lan accesses Sheffield market by importing bubble tea form Taiwan. 2. Introduction Tea is one of the most popular drinks in the world and the most widely consumed beverage in the United Kingdom. The tea culture has been a tradition since 3,000 years ago, and then it has since evolved. Bubble tea originated in tea shops during the early 1980s, and some other names refer to bubble tea including pearl milk tea, boba drinks and zhen zhu nai cha. There is not a definitive history written on the topic of bubble tea but most would agree that Taiwan was indeed the birthplace of this innovative drink. It is a fusion drink that blends tea with fruit juice or milk. The drink's distinguishing ingredient, though, is the mushy pearl tapioca balls that float at the bottom. It comes in a variety of flavors and styles and can be served cold or hot. It is especially popular in China, Southeast Asia, and it had arrived in the United States, and since then its popularity with the American has been an overwhelming success (Bubble Tea). 50Lan Ltd. was funded in 1994 in Taiwan, and there were over 400 branches until June 2010, it has become the biggest chains of tea shop in Taiwan with an extensive range of unique tea related beverages (50Lan). This marketing plan aims to extend the business into the United Kingdom...
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...Capturing Marketing Insights and Forecasting Demand Learning Objectives 1. What are the components of a modern marketing information system? 2. How can companies collect marketing intelligence? 3. What constitutes good marketing research? 4. How can companies accurately measure and forecast market demand? 5. What are some influential developments in the macroenvironment? Modern Marketing Information System (MIS) A marketing information system (MIS) consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers. It relies on internal company records, marketing intelligence activities, and marketing research. The major responsibility for identifying market change relies on marketers but they have two advantages for the task: disciplined methods for collecting information and time spent interacting with customers and observing competitors and other outside groups. MIS relies on internal company records, marketing intelligence, activities and marketing research. Internal Records and database systems To spot important opportunities and potential problems, marketing managers rely on internal reports of orders, sales, prices, costs, inventory levels, receivables, and payables. * Order-to-payment cycle: heart of the internal records system. Sales representatives, dealers, and customers send orders to the firm. The sales department prepares...
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...Sample Master Test Plan TEST PLAN IDENTIFIERRS-MTP01.3 REFERENCES None Identified. INTRODUCTION This is the Master Test Plan for the Reassigned Sales Re-write project. This plan will address only those items and elements that are related to the Reassigned Sales process, both directly and indirectly affected elements will be addressed. The primary focus of this plan is to ensure that the new Reassigned Sales application provides the same level of information and detail as the current system while allowing for improvements and increases in data acquisition and level of details available (granularity). The project will have three levels of testing, Unit, System/Integration and Acceptance. The details for each level are addressed in the approach section and will be further defined in the level specific plans. The estimated time line for this project is very aggressive (six (6) months), as such, any delays in the development process or in the installation and verification of the third party software could have significant effects on the test plan. The acceptance testing is expected to take one (1) month from the date of application delivery from system test and is to be done in parallel with the current application process. TEST ITEMS The following is a list, by version and release, of the items to be tested: A. EXTOL EDI package, Version 3.0 If a new release is available prior to roll-out it will not be used until after installation. It will be a separate upgrade/update...
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...focus more attention on employee interaction. The ability to communicate effectively and make the inner action between upper-management and the staff members seamless are the goals of the HR department. The success of this determines the overall strength of the company (Dawaine Cassidy, 2010). Effective Accounting can have a significant effect on reducing operational cost and increasing company profit margins. Accounting software enables companies to manage financial accounts, payrolls, inventory and more. Accounting software also allows “up to the minute” research of companies' financial statistics, tracking of transactions, recording account payable, account receivable, and various other valued company statistics. The ability to extract this information at the “push of a button” will significantly enhance the decision making process of a company. Moreover, accounting system also provides a proper way...
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...International Entrepreneurship Case Report: Steam CC Arturo Castro May 11, 2015 Dr. Dan Hsu Table of Contents I. Background II. Competitors III. Operations IV. Marketing V. Advantages / Disadvantages VI. Resources VII. Recommendations VIII. References Background The retail coffee industry was disrupted when Starbucks introduced their innovative approach to making coffee desirable again; bringing lattes, frappuccinos and espressos to a market that was previously sustained with bitter black coffee introduced an entirely new customer base for coffee to cater to. This resulted in a very profitable industry generating an estimated $36 billion in revenues and an annual growth rate of 3.8% meaning that this industry continues to be a valuable opportunity (IBISWorld). The Ripple Maker takes a personalized cup of coffee to another level, by printing ‘Ripple’ images onto the milk-froth left on the top of a coffee. Ripple began in Israel in 2013 and began to gain momentum after receiving awards at the ‘product demo of our lives!’ competition and after winning the ‘Last Gadget Standing’ competition. The Ripple Maker uses a patented coffee bean extract that uses 3D printing technologies to replicate any image onto the top of the cup. Their advantage is in the customizability of the printing which allows baristas and customers to choose from a library of images or upload their own, posting the picture on social media is almost inevitable. This report will delve into the...
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...ACKNOWLEDGMENT My first and foremost humble and gratitude to “ALLAH” the Almighty for giving me the valor to remain dedicated to make this term report. This underlying term report is based on the analysis of different marketing functions of Lever Brothers Pakistan Limited. Applied on “Sunsilk”. In making this term report, we collected the whole data from publications, internet and various international business magazines. Apart from it I take the opportunity to acknowledge the real efforts of: Mr. Reza A. Syed, for guiding us, Ms. Ayesha Khan (Assistant Product Manager of Sunsilk) and Mr. Khurram (Product Manager) without whose support this report wouldn’t have been possible. As a final word, my sincere dedication is to the other students of “BAHRIA INSTITUTE”, they are the future managers in every field of life, they have my good wishes for their future success in management. TABLE OF CONTENTS CONTENTS PAGE # 1. Lever Brothers Pakistan Limited. 03 2. Company Objectives. 04 3. Sunsilk Mission Statement. 05 4. Product 06 5. Price 10 6. Promotion 12 7. Distribution 15 8. S.W.O.T Analysis 16 9. Recommendations 18 LEVER BROTHERS PAKISTAN LIMITED LBPL, the largest consumer goods producing company in Pakistan, was incorporated here in 1948 and started building their factory at Rahim Yar Khan. This factory was inaugurated formally in 1951 by the then Governor...
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