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Vzt1 Task 1

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Submitted By lethal6
Words 3300
Pages 14
Company G
1-Year Marketing Plan
Student Name:
Student ID:
Date:
Student Mentor Name:

Table of Contents

Introduction 3
Product Description and Classification 3 Product Support of Mission Statement……………………………………………………………………………………………….….3
Consumer Product Classification 3
Target Market 3
Competitive Situation Analysis 3
Analysis of Competition using Porter’s Five Forces Model 3
SWOT Analysis 4
Strengths and Core Competencies 5
Weaknesses 5
Opportunities 5
Threats 5
Market Objectives 6
Product Objective 6
Price Objective 6
Place Objective 6
Promotion Objective 6
Marketing Strategies and Implementation 7
Product Strategies 7
Price Strategies 7
Place Strategies 7
Promotion Strategies 7
Explanation of Strategies………………………..……………………………………………………………………………………………….7
Implementation Plan 7
Product Tactics 8
Price Tactics 8
Place Tactics 8
Promotion Tactics 8
Monitoring Procedures 8

Introduction
Here at Company G, for many years we have been on top when it comes to high end consumer electronics. The decision a couple of months ago to expand into the small appliance market is sure to be a game changer. Our engineers have finished development on a full line of small appliances and the one chosen for this marketing plan, The HT Elite Rotisserie Toaster/Oven, is going to be the first model we roll out to the public. This new model will connect seamlessly with our whole HT line of products through an advance Bluetooth technology and is sure to change the way our customers cook and will make the whole experience more enjoyable as well as convenient. This marketing plan will enable Company G to raise the profit margin exponentially and allow the product line as a whole to reach its full potential.
Product Description and Classification

Product Description and Support of the Mission
Company G Mission Statement
“We enable consumers

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Premium Essay

Vzt1 Marketing Plan

...Company G 3-Year Marketing Plan Assessment Code: VZT1 Task1 Student Name: Student ID: Date: 09-01-14 Mentor Name: Table of Contents Introduction 3 Mission Statement 3 The Product 3 Consumer Product Classification 4 Target Market 4 Competitive Situation Analysis 5 Analysis of Competition using Porter’s 5 Forces Model 5 SWOT Analysis 7 Strengths 7 Weaknesses 7 Opportunities 8 Threats 8 Market Objectives 9 Product Objective 9 Price Objective 9 Place Objective 9 Promotion Objective 9 Marketing Strategies 9 Product Strategies 10 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 is a well-established and highly regarded company within the electronics market. We have recently developed a line of small appliances that have done very well through concept and prototype testing. In-depth testing has shown Company G that our new products might turn out to be the most reliable line of products currently in the small-appliance industry. Company G prides itself on being able to say that we have designed an efficient production process that will allow us to waste very little raw materials while turning out a quality, dependable product. We also can confidently say that through market research, both our brand and logo are easily recognized by most electronics consumers in...

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