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Marketing Essentials (Task 4)
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Table of Content Introduction Marketing plan Company Overview SWOT Analysis Objectives Segmentation, targetting and positioning Marketing mix and strategies Number and power of competitors Conclusion References
Introduction Marketing planning is an activity that is necessary for an organisation. It help in gaining market share and retain more customers.Italsoincreaseemployeeabilitiesand capabilities which achieve target goals and objectives.
Marketing Plan Marketing plan helps to achieve organisational goals and objectives in an effective manner. It assist in developing marketing strategies which attracts large number of buyers.
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Company Overview •Wilkinson s largest company which is located in United Kingdom. They provides different types of products such as pet food, kitchen and grocery products. •Marketing plan provides information of company such as address, contact number, location, email id etc.
SWOT Analysis It is internal factor of environment which identify company strength,weakness,opportunitiesandthreats.SWOT analysis of Wilkinson company: Strength Create innovative products or services Increase economic growth Weakness Lack of managerial skill Technical issues Opportunities Supply online goods Expand the business Threats New entrance in market Tough competitors
Objectives The main objectives of Wilkinson company is to achieve target goals which help them for enhancing growth and development. There are two objectives such as corporate and marketing objectives.
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Segmentation, Targeting and Positioning Segmentation Consumerswholiketo purchase grocery products. Targeting Children,adultsandfamily membersofeachlevelof standard Positioning Company position its products in front of potential customers who need these items
Marketing Mix and Strategies Marketing Mix - Marketing is the process which helps in promoting company goods or services in the market. Marketing Strategies - Marketing strategies of Wilkinson company is to satisfy buyers need and products will offers in the market.
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Number and power of competitors There are many competitors of Wilkinson company such as B&M Retail Limited, Argos Retail Limited and Pound land Limited. Company strength Size of business Financial position
Conclusion At the end of presentation it can be conclude that Wilkinson companyWilkinson company is to achieve target goals which help them for enhancing growth and development
References Lusch, R.F. and Webster Jr, F.E., 2011. A stakeholder-unifying, cocreationphilosophyformarketing.Journalof Macromarketing,31(2), pp.129-134. Wirtz, J., 2012.Essentials of services marketing. FT Press. Pike, S., 2015.Destination Marketing: Essentials. Routledge.
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