Strathfield College BSBMKG609: Develop Marketing Plan (Draft) Project
VerifiedAdded on 2022/10/11
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Project
AI Summary
This document presents a draft marketing plan developed for the BSBMKG609 unit, focusing on the fictional organization 'Houzit,' specializing in home-ware fittings. The plan begins with an executive summary and SWOT analysis, highlighting the company's strengths (skilled staff, customer loyalty), weaknesses (limited budget, repayment struggles), opportunities (high-growth areas), and threats (competition). Marketing objectives include entering the retail market, targeting increased customers in high-growth areas, particularly Brisbane and surrounding suburbs. The marketing strategy focuses on immediate market targeting. Financials, including a $5000 budget for promotional and marketing activities, are detailed. The implementation plan outlines timelines for each activity, monitored via KPI scores, ensuring controlled task completion. The plan also includes an organisational overview, vision and mission statements, market research, and a marketing budget, demonstrating a comprehensive approach to market development and strategic planning.
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