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Marketing Plan of Wiggo supermarkets The objective behind developing marketing plan for Wiggo supermarkets is to attract customers and increase its sale.
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Targeting The targeted people for Wiggo supermarket, will be men and women which fall under the category of middle income level.
Positioning It can be defined as the way in which a brand or organization places itself in marketplace. Wiggo supermarket, will be positioning itself as discounted retailer in Chinese market
Marketing tools and techniques In terms of marketing tools and techniques, the brand will be using variety of tools in order to create awareness among people in market and create awareness among them
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Buyer behaviour In order to achieve higher sales and profits, it will be required by Wiggo supermarket to understand behaviour of people in Chinese market.
Implementation A team of personnels will be developed in order to implement the above stated marketing plan.
Evaluation After evaluating the above mentioned plan, It can be stated that there are some changes required in the plan. Wiggo supermarket needs to invest more resources and efforts in order to create more awareness among people in Chinese market.
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Marketing mix: It is a set of marketing practices, actions or tactics which is used by the company in order to promote its products and brand in market. It consists of 4 P's: Product, Price Place and Promotion
Product:Planning to enter into retail industry with the launch of supermarkets owners of Wiggo has to offer wide range of products that satisfy the needs and wants of people. Price:Already there are large number of supermarkets that are operating in UK such as Aldi, Lidl and Tesco etc. who are making valiant efforts to attract customers and retain them for long periods.
Place:The Wiggo Supermarket Company is targeting huge market of UK and European countries. Owners are planning to open supermarkets at different locations of the selected market so as to enhance the reach of customers. Promotion:Looking at the present market, there are several marketing and promotional tools available that are helping the course of companies irrespective to their sector in creating awareness of the products and services and attract large number of audience.
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Promotion:Lookingatthepresentmarket,thereareseveralmarketingand promotional tools available that are helping the course of companies irrespective to their sector in creating awareness of the products and services and attract large number of audience.