NatureCare Products: Marketing Plan, Brisbane, Queensland, Australia

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Added on  2021/10/07

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This report presents a comprehensive marketing plan for NatureCare Products, a Brisbane-based company specializing in organic skincare. The plan begins with an overview of the company's business and marketing objectives, including increasing sales, expanding market reach, and maintaining a loyal customer base. It then delves into a situational analysis, examining the marketing environment, consumer behavior, and competitive landscape. The report highlights the company's product offerings, including cleansing creams, moisturizers, and sunscreens, and presents the results of market research, identifying key trends and opportunities. The marketing strategies include promotional activities, pricing and distribution plans, and recommendations for future growth, such as introducing new herbal products, enhancing customer support, and expanding online presence. The report concludes with a financial overview and recommendations for immediate action based on customer feedback and market analysis.
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NATURECARE
PRODUCTS
Brisbane, Queensland Australia
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BUSINESS OBJECTIVES
Achieve the profits of at least 20% per
annum within the upcoming years
Increase in the sales of the product
range especially the day cream which is
popular among women among 25 -55
Expansion of the market of the products
in the overseas retail stores apart from
online shopping.
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MARKETING OBJECTIVES
Maintenance of loyal client base
Reaching the targeted markets
Expansion in the international platform
Innovation of new herbal product range
Development of the brand awareness
Targeting the new customer base of
young working women
Enhancement of the customer
relationships
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FACTORS IMPACTING ON
THE COMPANY
Situational Analysis (3cs)
The Marketing Environment
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CONSUMER ANALYSIS
Market
Segmentation
Consumer
Behavior Unmet Needs
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COMPETITION
Rivalry among
the existing
brands offering
skin care
products
The thereat
of new
entrants
Bargaining
power of
buyers
Threat of
substitute
products
Bargaining
power of the
suppliers
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MARKET
ATTRACTIVENESS
Market attractiveness
Market factors
Segment size and growth rate
Barriers to market entry
Competitive factors
Competitive differenciation
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MARKETING MIX
Brisbane,
Queensland
Australia
High quality
and eco
friendly skin
care products
Offers natural
quality product at
a comparatively
reasonable range
Advertising on the
Australian body,
soul website and
the natural health
magazine
Place Product
PricePromotion
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PRODUCT
OPPORTUNITIES
Cleansing cream for soothing of the skin
during the removal of makeup
Moisturizing cream
Regenerating facial scrubs
Toner for the dry screen
Sunscreen lotions for all skin types
Anti pigmentation serum
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MARKET RESEARCH
RESULTS
High demand of organic skin care
products
Young shopper under age 28 are
increasing
High rate of online shopping
Certified organic competitors for steady
growth
Organic skin care products for the
infants are high in demand
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PROMOTIONAL ACTIVITIES
Advertisement in the Australian body
Soul website
Magazine of the natural health
Promotions in social platforms
Television advertisement
Sites streaming movies
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PRIING AND
DISTRIBUTION
The current pricing strategy of the
company is to offer natural quality
product at a comparatively reasonable
range
The business is currently selling its
products via number of retail outlets
and the health food stores. Furthermore
website and shopping cart are some of
the examples. The company must also
tie with some of the big e commerce
brands like Amazon to sell its products
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