NatureCare Marketing Plan: A Comprehensive Strategy for Growth

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Desklib provides past papers and solved assignments. This marketing plan project analyzes NatureCare's growth strategy.
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Marketing plan
development and
presentation project
Assessment Task 3
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Introduction
Product Lifecycle
SWOT Analysis
PESTLE Analysis
Marketing Objective
Marketing Strategies
Marketing Tactics
Marketing Process Overview
Conclusion
References
Table of Content
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NatureCare is Australian based companies
which manufacture skin care products.
Target market analyze SWOT and PESTLE
analysis
This marketing plan estimates the budget
and timeframe of the product.
Introduction
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Development
Introduction
GrowthMaturity
Decline
Product Lifecycle
Source-
Author
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Strengths Weaknesses
Good Quality Products
Products developed for the need
of specific skin
Eco-friendly and Natural
ingredients are used in
manufacturing
Expensive products
Products for women’s only
Large competition owing to low-
cost products
Many products are specific to
skin type
Opportunities Threats
Marketing from other reputed
companies
The new product launch has the
same quality of ingredients at a
low price
There is no product for men’s
Globalization may cause loss
Introduction of the latest product
like face wash, face packs, and
sunscreen
SWOT Analysis
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Political: VAT set by government
Economic: Product deal with affordable price
Socio-Cultural-Organization engages or
interacts with the consumer in regular interval
of time
Technology-NatureCare introduce customer
care support, active on social media
Legal-Follow rules and regulation which was set
by government
Environmental-Eco-friendly packaging of
product
PESTLE Analysis
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To increase the number of users visits the online
store by 20%
To raise brand awareness among the local and
international public
To increase market share up to 15%
To accomplish the annual expansion of at least
10% over the next three years.
To introduce the latest product and the
development of a new market.
Marketing Objective
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Product: NatureCare products are eco-friendly and
use of natural ingredients. The packaging of the
product is eco-friendly. There are advantages for the
premium customer like discount offers, new
products.
Price: Higher price is due to the premium customer.
Product value is reflected in the cost of the product.
Place: NatureCare product available in online stores
and website.
Promotion: NatureCare uses good quality of
material in their product. So it makes it easy for
developers.
Marketing Strategies
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Direct Selling
Co-Branding and resemblance of marketing
Internet Marketing
Social Networks
Contest Marketing
Live campaign
Marketing Tactics
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Mission
Situation Analysis
Marketing Strategy
Marketing Mix
Implementation and Control
Marketing Process
Overview
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Marketing plans and approaches are
develop in the NatureCare company
It includes SWOT analysis,4P’s marketing
strategy and PESTLE analysis
Marketing tactics and marketing mix helps
to achieve the organizational growth
Conclusion
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Armstrong, G., Kotler, P., Buchwitz, L.A.,
Trifts, V. and Gaudet, D., 2015. Marketing:
an introduction.
Spillan, J.E. and Ramsey, J.R., 2018. The
Marketing Process. In Navigating Commerce
in Latin America (pp. 207-229). Routledge.
Chernev, A., 2018. Strategic marketing
management. Cerebellum Press.
References
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