Preview

Marketing Unit 5

Satisfactory Essays
Open Document
Open Document
596 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Unit 5
Rodney Manderville
American Intercontinental University
Unit 5 Individual Project
MKTG 205 – Principles of Marketing
February 5, 2012

Abstract This individual project is to supply you with information on the Fruit of the Loom products, and help to understand the threats, and opportunities that are faced, as well as understanding the responsibilities of the marketing manager, and understanding the environments they are to flourish in. (2004 - 2006 Fruit of the Loom, Inc)

Fruit of the Loom
Introduction
Fruit of the Loom products are one of largest manufacturing companies who make underwear. The Fruit of the Loom product of underwear are made for men, women, boys and girls. The underwear they make is for active wear and casual wear. Fruit of the Loom makes most of its own products and make them very affordable. The company has over 31,000 people employed with them in about 6o places worldwide. (2004 - 2006 Fruit of the Loom, Inc) Fruit of the Loom was introduced in 1851. They receive a certificate for acknowledgement. The founder of The Fruit of the Loom Company is Robert Knight.
Describe Main Line of Business of the Company The main line of business for Fruit of the Loom is to have recognition of selling their underwear to all kinds starting from men to children and to have close relationships with discount chains and merchandisers. Fruit of the Loom products are important when it comes to product satisfactory, their quality, pricing and their deliveries to their customers. (2004 - 2006 Fruit of the Loom, Inc)
Name Four Countries in which the Company Operates Canada, Germany, Europe and Mexico are four of the countries that Fruit of the Loom sell their products. Fruit of the Loom has over 47 facilities.
Implementation of Competition s Fruit of the loom does have competition.
Implementation of Target Market The target market for Fruit of the Loom would be for all ages of men, women,



References: (2004 - 2006 Fruit of the Loom, Inc)

You May Also Find These Documents Helpful

  • Good Essays

    Marketing Chapter 6

    • 537 Words
    • 3 Pages

    Lands' End clothing catalogue retailer offers a satisfaction guarantee on all merchandise it sells. In other words, Lands' End gives its customers a(n) _____ warranty.…

    • 537 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Marketing plan is to offer or occupy endlessly in a business the desires and wants of customers to certify benefit from a lower cost structure and income. (Textbook)…

    • 1449 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Mktg 205 Unit 4 Ip

    • 2787 Words
    • 12 Pages

    My definition of marketing would be that it is the making and selling of goods and services that the consumers demand.…

    • 2787 Words
    • 12 Pages
    Better Essays
  • Better Essays

    Making my first presentation to Tariq Farid the Founder and CEO of Edible Arrangements®, the following is the consumer and business to business marketing planning document that I will be presenting.…

    • 1393 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Unit Three - Marketing P3

    • 1133 Words
    • 5 Pages

    Market research indicates decisions made by a business, in this case Tesco, by helping the decision makers understand undercurrents of its market. This process involves research done on customers, competitors and the overall marketing environment.…

    • 1133 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    In a report you need to evaluate the effectiveness of the use of the techniques in marketing products in this business. How effective is it?…

    • 582 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    P3-Describe how a selected organisation uses marketing research to contribute to the development of its marketing plans…

    • 1723 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    For this part of assignment I will compare similarities and differences of the marketing techniques both businesses carry out, even though Lidl and Tesco are in the same type of market, they achieve their market success in different ways.…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Marketing 205

    • 1452 Words
    • 6 Pages

    In marketing a product you must know what you are going to market. Knowing the definition of marketing will help you understand the product being sold. When it comes to the gaming systems there are many to choose from. However the All in One gaming system has it all. The following is the marketing process for the system.…

    • 1452 Words
    • 6 Pages
    Good Essays
  • Good Essays

    1. When organising a business event, describe the range of support activities that may be required.…

    • 861 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In December 2011, Victoria’s Secret was accused of acquiring cotton from a farm that utilizes child labor but is certified as organic and fair-trade. Bloomberg News investigated the fields in Burkina Faso, West Africa and focused their story on a thirteen year old, Clarisse Kambire, who was pulled out of school to work on the cotton fields. She has to dig rows by hand across a field equivalent to the length of four football fields, haul manure on her head and pile it on every plant, and cut weeds. Victoria’s Secret marketed their underwear as a product from organic, fair-trade cotton and claimed it was “Good for women. Good for the children who depend on them.” The company also said that each purchase of their underwear would improve the lives of the women and children in Burkina Faso. According to Bloomberg News, under this particular campaign in 2009, 25 million of the garments produced were used from cotton picked by children.…

    • 682 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The report firstly introduced Mens Jeans basic information included Mens Jeans definition classification application industry chain structure industry overview; international market analysis, China domestic market analysis, Macroeconomic environment and economic situation analysis and influence, Mens Jeans Industry policy and plan, Mens Jeans product specification, manufacturing process, product cost structure etc.…

    • 781 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing 4a

    • 3182 Words
    • 13 Pages

    Step aside, four PsMarketing needs a new framework that begins and ends with the customer. Marketing tools by themselves do not achieve marketing objectives. There is an intermediate step between the deployment of marketing tools and the achievement of marketing objectives. That crucial intermediate step is represented by the four 'As' of marketing. Based on our research, customers are looking for four things: acceptability, affordability, accessibility and awareness. What we have discovered is that, unless forced by extreme necessity, customers don't want to make trade-offs. The degree of success depends on how close to 100 per cent a company is able to achieve on each of the As.A simple formula is used to evaluate the overall marketing program. We refer to this composite measure as 'market value coverage,' which directly correlates to marketplace success: market value coverage = acceptability x affordability x accessibility x awareness...To succeed, a company has to do well on all four dimensions. The most successful marketing programs achieve close to 100 per cent on each dimension. Mediocre marketing programs tend to achieve high levels (i.e., close to 100 per cent) on two or three of the dimensions, but suffer a bottleneck in one or two.It is important to understand that the four As are not a mere semantic variation on the four Ps, even though each terms appear to correspond closely with one of the Ps. For example, there are many ways to create acceptability, beyond designing a superior product that meets customer needs. Branding is also clearly an important part of acceptability. For example, changing the name of 'prunes' to 'dried plums' raised the product's acceptability. Likewise, factors such as packaging, product ingredients and the image of channel partners all impact acceptability. For example, many manufacturers would love to have their products carried by Nordstrom, just as in the past, companies vied to have their products sold at Sears, whose…

    • 3182 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Brand Management Dockers

    • 1745 Words
    • 7 Pages

    At the time in which Dockers launched, men had two choices regarding pants, one of which was jeans, another one was dress slacks. However, at that time the “baby boomer” that grew up (25-49 years old) was moving out of the jeans market (means freedom, adventure and independence) and they are seeking for natural fibers. Meanwhile, the dress code at the workplace agrees leisure dressing on Fridays. To meet the needs of its customers, the company decided to create a new product category- “new casuals.” It would still keep the core values of Levi’s – quality, conform and uniqueness and emotional impact, but is good for both workplace and leisure time. Dockers brand was born to satisfy these buyers with its new product, which utilized the comfort and casual feel of cotton, but at the same time is still stylish and unique.…

    • 1745 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Vita Lemontea Brand Audit

    • 2118 Words
    • 9 Pages

    VITASOY has spread far beyond Hong Kong, and the group's products sell in over 40 markets around the world - including the USA, Canada, Mainland China, Europe, Papua New Guinea, Australia, New Zealand, South East Asia, Guatemala, Trinidad and Venezuela.…

    • 2118 Words
    • 9 Pages
    Powerful Essays

Related Topics