MARKETING PLAN “Always have confidence of knowing the correct time.” TABLE OF CONTENT 1. Executive Summary 4 2. Introduction 5 3. Market Segmentation and Targeting 6 3.1 Market Segmentation 6 3.1.1 Segment 1 7 3.1.2 Segment 2 7 3.2 Target Consumers Market 8 3.3 Positioning the Company 9 3.4 Estimated Market Share 10 4. Marketing Objectives 11 5. Marketing Mix Strategies 13 5.1 Product & Brand Strategy 13 5.2 Service Strategy 14 5.3 Pricing
Premium Marketing
Challenges of Hong Kong Luxury Hotels Facing Nowadays Hong Kong‚ as a Special Administrative Region of China‚ is a popular destination for travelers from Mainland China and also other countries (Tasci‚ & Denizci‚ 2010). Tourism is one of the pillar industries of Hong Kong’s economy‚ and has made significant contribution in recent decades. One of the main elements of this rapidly growing industry is the hotel industry‚ which is also flourishing in Hong Kong with plenty of hotels for visitors. However
Premium Hospitality industry Hotel Generation Y
high-velocity Industries which will be addressed in section b of the assignment discussing extensively the appropriate strategies firm must adopt to achieve their corporate goals. Section A: Emerging Industries 2.0. Characteristics of an Emerging Market An emerging industry is one in the formation stage‚ and is usually totally fresh or modernized industry‚ which is developing at a high rate compared to other industries in the economy. Industries of this nature generally originate when consumers
Premium Strategic management Strategic planning Mobile phone
product industry Presentation of the market The beauty industry represent 160$ billion per year. Main product are: make -up‚ skin/hair care/perfume/cosmetic surgery/health club The leader company is l’Oreal There are 5 pioner that are establish since a long time around 1900.==> means that the beauty industry is depending and it’s history ‚ woment can rely on those company. what affect the beauty market? the number of new entrant==> especially the luxury brand that create a branch of beaurty
Premium Branding Brand Procter & Gamble
Product positioning in Five Easy Steps You were alwaYs on mY mind Product positioning is what comes to mind when your target market thinks about your product compared to your competitor’s products. When you hear Rolls Royce automobile‚ what do you think? Probably: highest-end luxury and exclusivity. That’s their positioning. There’s no confusing the positioning of Rolls Royce and Hyundai. Why is positioning important? Product positioning is a crucial ingredient in the buying process and should never
Premium Marketing Positioning
Market Segmentation‚ Target Market‚ and Position University of Phoenix Kyra M. Johnson MKT/571 October 15‚ 2014 Dr. Harry Caldwell Market Segmentation‚ Target Market‚ and Positioning “For over 90 years‚ the Jaguar organization is known for pushing boundaries of what is possible‚ inspired by founder‚ Sir William Lyons. Sir William Lyons insists that every car the company produces combines performance and beauty like no other. Sir William Lyons’ uncompromising vision set new benchmarks
Premium Jaguar Cars Marketing Psychographic
percent of continental United States’ indigenous forest has been removed since 1600. For many years people have debated whether zoos are bad or good. There is the debate about animal cruelty to some extent because the animals are locked up in a cage where they have no freedom. And the other one is how animals in captivity is a good cause due to the dangers that are present in the wild now in days. These two points are an endless debate in which both sides are equivalent to each other.
Premium Animal rights Extinction The Animals
hsl@gmail.com Module Overview Module Synopsis The aim of this module is to enable the students to gain knowledge and understanding of management functions by examining the roles and responsibilities of a manager. Students will acquire a good knowledge of management concepts.
Premium Case study Management Assessment
Current Market Conditions Competitive analysis To successfully complete a current market conditions competitive analysis of Apple’s iPhone one must first examine the history of this product. Apple released the first generation of iPhone on June 29‚ 2007. Apple’s CEO Steve Jobs made an announcement to introduce the iPhone in San Francisco at the MacWorld Conference and Expo. Jobs told the crowd the iPhone was five years ahead of the market of cell phones. The development of the iPhone was based
Premium Apple Inc.
Indonesia Market Segmentation is the process of dividing a market into direct groups of buyers who might require separate products or marketing mixes. There are several major bases for segmenting the market; they are geographic‚ demographic‚ psychographic and behavioral variables. Geographic segmentation Geographic segmentation calls for dividing the market into different geographical units such as nations‚ regions‚ states‚ countries‚ cities or neighborhoods. In this way of segmenting market‚ a company
Premium Marketing Psychographic