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Mkt1 - Company G Marketing Plan

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Submitted By ashiem1
Words 3679
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Company G

3-Year Marketing Plan

Assessment Code: MKT1

Date: 07/14/2014

Table of Contents

Introduction 3
Mission Statement 3
Product Description and Classification 3
Consumer Product Classification 4
Target Market 4
Competitive Situation Analysis 4
Analysis of Competition using Porter’s 5 Forces Model 4
SWOT Analysis 6
Strengths 6
Weaknesses 7
Opportunities 7
Threats 8
Market Objectives 8
Product Objective 8
Price Objective 9
Place Objective 9
Promotion Objective 9
Marketing Strategies 9
Product Strategies 9
Price Strategies 10
Place Strategies 10
Promotion Strategies 10
Tactics and Action Plan 11
Product Action Plan 11
Price Action Plan 11
Place Action Plan 12
Promotion Action Plan 12
Monitoring Procedures 12

Introduction

Company G has built a reputation as being an innovator with its product solutions. Consumers have learned to link trust and value with all of Company G’s product lines. Breaking ground and exploring new territories is engrained in our company history. When opportunities present themselves, our company has acted quickly to take advantage in order to sustain growth and corporate viability. Pet care is our most recent horizon and the following marketing plan details the approach and tactics needed in order for Company G to become recognizable within the market and meet our corporate objectives of growth and prosperity.

Mission Statement

“We enable consumers to improve the quality and convenience of their lives by providing innovative electronics solutions.”

Product Description and Classification

The Cat Nutrition Station (CNS) is a full featured cat feeding device that incorporates a robust selection of conveniences to help pet owners simplify their lives. Whether utilizing the A/C adapter or operating the device on 4 D celled batteries, the nutrition station can be programmed

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