BMMK5103 Assignment
(Marketing Plan)
Semester: September 2012
Subject:
Marketing Management (BMMK5103)
Prepared By: Ibrahim Ahmed Mohammed Abbas
(ID: 201210004)
Submitted to: Dr. Nabil Al-Absi
Marketing Plan for 3M “Car Wrap Film” Product For One Year (2013)
University of Science & Technology
Y E M E N
Marketing Plan for
“Car Wrap Film” Product
For One Year (2013)
Table of Contents
1. Executive Summary 4 1.1. About the Company 4 1.2. About This Marketing Plan 6 2. Situation Analysis 7 2.1. SWOT Analysis 8 2.2. Competition Analysis 10 2.3. Porter’s Five Forces Analysis 13 3. Marketing Strategy 14 3.1. STP Analysis: Segmentation, Targeting, and Positioning 14 3.2. 4 Ps Planning 16 4. Financial Projection 18 4.1. Sales Forecast 18 4.2. Expense Analysis 19 4.3. Break-Even Analysis 20 5. Implementation Controls 21 6. References 22
1. Executive Summary
2.1. About the Company
3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational corporation based in Maplewood, Minnesota.
With over 76,000 employees, they produce over 55,000 products. Their products can be divided into six categories: display and graphics, health care, safety, electro and communications, industrial and transportation, and consumer and office.
At December 31, 2007, the Company employed about 76,000 people, with 34,000 employed in the United States and 42,000 employed internationally.
3M is a company that makes its products based on the innovation and new ideas. They are well-known by their awesome new ideas for new products which were not produced before.
Most 3M products involve expertise in product development, manufacturing and marketing, and are subject to competition from products manufactured and sold by other technologically oriented companies.
According to 3M, their values are to: * Act with