Fundamentals of Marketing for Starting a Business

Starting a business and
fundamentals of
marketing

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Company proposal proposed ......................................................................................................3
Evaluate external environment....................................................................................................4
Illustrate the competition along with competitive advantage.....................................................6
Proposed target market................................................................................................................7
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

INTRODUCTION
The concept used to make financial profits that rely on a single service or good applies to
corporate ides. It is worded so that it answers, drives revenue, is special and should be
revolutionary, issues which dominate the market (Baines and et. al, 2017). The contractor tends
to launch a new company with goods developments, leading to better revenues for them. This
challenge is focused on the firm Penny drums which would be a greater provider in the industry,
but which creates a clear picture of creativity in its logistics. They may elect to use robots to
ensure consistency of certain services. This study covers the company model, external
conditions, competitiveness and its target audience.
MAIN BODY
Company proposal proposed
Penny drums Business is a UK company that offers electronic trading, wholesale, as well as
industrial supply chain transportation, logistics solutions. The company is a global company that
offers its services in different ways. They looking at before delivering a creative service to excite
large audiences and develop their good brand profile. The business is about to offer its products
in transportation, but because there are still solid players, it is critical that its services are so
special and creative (Belew and Elad, 2017). They have also preferred to make use of the new
developments as they grow fast and provide businesses with tremendous benefits. They are
looking very much forward to robotic technologies throughout their research with regard to
Penny drums Business. It should be the research and engineering division that requires the
planning, function, installation and use of robotics and computer networks to monitor apply
knowledge and gain sensory input. Robots would be responsible both for travelling and
responding depending on the feedback development of computer networks. Logistics virtual is
the machine with the new capacity and also the transport of goods to shape the distribution
network. The organisation prefers to have them in the factory to supply warehouses. This will
encourage Penny drums Company to do manual work that will increase efficiency and
profitability. They will use their store and return storage systems for transporting merchandise
AGVs (Automated Guided Vehicle) (Cadotte, 2016). These will work through predefined paths
and transfer all shipping and storage goods. This ensures that the costs involved with either the
simplification of the distribution chain would be minimised. In addition, robots are also used in