Comprehensive Marketing Plan: Star Brightening Cream's UK Market Entry
VerifiedAdded on 2023/01/18
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Report
AI Summary
This marketing plan outlines the strategy for introducing Star Brightening cream, a new cosmetic product, into the UK market. It begins with an introduction to the company and its rationale, followed by a SWOT analysis to assess internal strengths and weaknesses, as well as external opportunities and threats. The plan then details SMART marketing objectives, market segmentation, targeting, and positioning strategies, focusing on consumers above 35 years old. A comparison of the marketing mix with MAC Cosmetics is provided to highlight the product's unique features and competitive advantages. The implementation section details the steps for launching the product, including market evaluation, competitive research, and promotional strategies with a detailed promotional budget. The report concludes by emphasizing the importance of marketing in successfully launching the product and provides references for further reading.
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