Wilkinson Marketing Plan: Marketing Essentials, Strategies & Budget
VerifiedAdded on 2023/03/29
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AI Summary
This document presents a marketing plan for Wilkinson, a large retail company, focusing on key marketing essentials and strategies to enhance profitability and productivity. The plan emphasizes the importance of market research, advertising, and quality product promotion. It includes an executive summary highlighting the use of various marketing strategies related to price and product quality to achieve organizational goals. The plan also outlines the significance of workforce training and development, situational analysis using SWOT and PESTLE to understand the internal and external environment, and financial planning for annual budgets. Strategies for long-term profitability are discussed, with a focus on setting targets and allocating half of the total budget to marketing activities. References to relevant resources are also provided.
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