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Major marketing strategies
Chapter 2 developing marketing strategies and plans
Chapter 2 developing marketing strategies and plans
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Marketing Plan for Skydiving Co
1) What is your competition doing?
The competition is doing well. They currently have holiday promotions on Christmas and Labor Day. They offer a discounted rate if you are part of a group of 7 or more. They are larger than us and operate in several states. Their marketing plans are lacking impact in that they mainly focus on billboard advertising and word of mouth. They also do not actively participate in public relations, however they do have a very good web site that allows questions to be answered via e-mail but no streaming media capabilities or “live” discussions with an operator.
2) What are the environmental factors?
The market is strong right now, and the Stock Market has been on a steady increase. Spending is fluent in the economy and people are not afraid to “splurge” a bit on external enjoyment. There has been a recent surge in activity sports as the X Games just took place and were aired in 48 states. Skateboarding, extreme roller blading, and skydiving are among the top of the list.
3) How will the previous affect your marketing or promotional plans?
We are privately funded, so the strength in the economy will help us with sales. Therefore, we will be using promotions and advertising to pull in good repeat customers. It will give us even larger amounts of capital in which we can reinvest in new equipment and marketing. With the recent airing of the X games, our plan is to hit the market strong and quickly to get as many people in and hooked on our exciting sport as we can while the attention is still there.
Chapter 3:
1) Centralized or decentralized internal org. chart?
We are using a centralized organizational chart. We are rather small and are only offering a few services. Centralized requires fewer personnel. Also, we would like to have main control over our company’s decisions and the centralized organization allows for more top management involvement.
2) Are you using an inside or outside agency?
We are going to set up our own advertising agency internally in order to reduce costs and maintain great control over their activities. It will be a decent sized dept., and they will assist us (the owners) in our advertising financing, production, and distribution of advertisements. We chose this because of money savings and so that we could maintain contr...
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...d your add offensive or in poor taste?
In evaluating our IMC program I have found that there is very little that we have done that could be taken in offense. Our commercials are mostly action shots of skydiving with audio describing our location and phone numbers. Our website is detailed, but not shocking. The radio campaigns we have implemented are not shocking and simply urge people to think outside of themselves and take a chance. The only people that could be upset about our ads and perspective is people who do not believe that life is about having fun. Those who want to sit through life and exist instead of pushing the envelope and creating excitement for themselves. Parents might be upset if our ads appeal to their children and they make the decision to take the jump. That is out of fear for their children, and not a distasteful ad on our part. One thing that may cause us trouble is that our safety record is stressed heavily. If we were to ever have an accident it would take away from our appeal and cause us to have to shift our advertising to other areas. This could be expensive and create mistrust in our establishment causing us to potentially lose clientele.
The Organisation structure of a company addresses the fact that every organisation has specific units that are responsible for different roles and actions in the organisation and that no department within the organisation stands alone, they are intertwined. The organisational chart or structure should be designed to divide up the work load, responsibilities and roles to be done
In this case the most conservative course of action is to publish the ad with an effective annual rate which would match any available supporting documentation, such as published financial statements.
They have the potential to expand upon their already founded transparent social media platform. The company recently took to social media in attempts to generate buzz, in the form of user-generated content regarding their ice cream. By inviting consumers to hashtag Instagram photos with #captureeuphoria, they showed fans and the community how their ice cream can create joy and happiness. All the photos can be seen in an online gallery, Capture Euphoria. Going even further, in an ingenious ploy to create genuine advertising, the company took some of these submitted photographs and created print and billboards
The X-Games are a winter and summer time sporting event that happens each and every year. They consist of pro athletes and teams pushing the limits of the human body and the machines that they are riding.
demonstrate that the agency is not about greed in order to draw in more customers. Having a
The prime target market for candles is women with families. "As one of life's little luxuries, candles are purchased at about the same rate across all income levels, among all ethnicities, and at all educational levels. Now, don’t be fooled because men love candles as much as women, however key demographic factors distinguish the candle buyers to women, aged 45 years and under, many that head families with children. There is also an increasing number of different cultural couples and families making candle purchases. This proves that with these findings come new elements with baby boomers creating a predictable pattern of home and family spending. These lifestyle changes can only mean increased growth in the candle industry.
Across the whole business, it has participated in technology in the other areas too to recover its abilities and performance. In the recent years, it augmented its deal in marketing and whether old-fashioned approaches or digital marketing, it is capitalizing millions to recover its mark
Organizational structure can be defined as the “formal arrangement of jobs within an organization” (Robbins & Coulter, 2009, p. 185). Having a defined and unified structure helps employees work more efficiently. Jacques Kemp, former CEO of ING Insurance Asia/Pacific, realized this need early on in his role. The company had been performing well and recently acquired another insurance company to become “one of the largest life insurance companies in Asia-Pacific” (Schotter, 2006, p. 4). However, Kemp’s proactive personality led him to seek out ways to achieve more efficient coordination between the regional office and business units (Robbins & Coulter, 2009). Kemp noticed that “most business unit managers did not even know the current corporate standards” and he began searching for a way to manage the managers (Schotter, 2006, p. 5). ING Insurance Asia/Pacific’s organizational structure was mechanistic and fairly well structured, but for a company that had recently been involved in a major acquisition and was divided across 12 geographically dispersed markets there was a great need to tweak this structure to unify the company (Schotter, 2006). If I had been in Kemp’s position as CEO, I would have made modifications to the organizational chain of command, formalized business processes, and used technology to stimulate collaboration amongst the region to help this company overcome organizational design challenges.
Marketing Plan: Phase Two. The A-Team has introduced a new product called Pepsi Platinum for the company, PepsiCo, in Phase Two. This dissertation will identify segmentation criteria that will impact PepsiCo target market selection. This dissertation will describe the organizational buyers and consumers of Pepsi Platinum and the factors that influence their purchasing decisions, and discuss how these factors will impact PepsiCo’s marketing strategy.
Marketers assert to develop branding and packaging strategies that signify the brand’s products in a way that establishes lasting impressions in consumers’ thoughts. Because brands distinguish the many product offerings in the marketplace, brands help consumers choose between product offerings. When branding and packaging strategies clearly illustrate worthy product expectations, and products remain true to branding messages, positive consumer perceptions ensue, and brand value is strengthened.
the success of the company has grown exponentially because of its aggressive marketing with extreme
Organizational structure is the way that an organization arranges people and jobs so that work can be performed and goals can be achieved. Good organizational design helps communications, productivity, and innovation. Many organization structures have been created based on organizational strategy, size, technology, and environment. Robbins and Judge (2011, p. 504) listed three common structures: simple, bureaucracy, and matrix. In this post the author will describe the matrix structure, and discuss its advantages and disadvantages.
We intend to exploit our leadership role by continuing to target and enter segments of the communications market that we believe will experience rapid growth or grow faster than the industry as a whole....
The advertisement project was a great learning experience on learning what it takes to produce a print ad, and getting harsh feed back from the consumer. The project exposed how hard it is to actually produce a good advertisement that will pop to the consumers eye and reel them in to have interest in buying the product your trying to sell them. In my groups jean print advertisement we used a method from Arthur Asa Berger’s book Ads, Fads, and Consumer Culture. We in particular used chapter four, “Running it up a flagpole to see if anyone salutes”, in this chapter Berger says choose a way you want to do an advertisement and do it. The consumer will either like it or not it’s a 50/50 gamble. All you can do is what you think will work and run with it. And that’s basically the approach we had from the minute we were posed with the project. Since we didn’t feel like playing the sex sells card, the group and I felt that chapter four of Berger’s book was the best to use to produce our advertisement. While we learned a lot from this project in understanding advertising and consumer culture, the aspects of the project ranged from the original concept to the survey results of the responses from consumers.
Organizational structure within an organization is a critical component of the day to day operations of a business. An organization benefits from organizational structure as a result of all it encompasses. It is used to define how tasks are divided, grouped and coordinated. Six elements should be addressed during the design of the organization’s structure: work specialization, departmentalization, chain of command, spans of control, centralization and decentralization. These components are a direct reflection of the organization’s culture, power and politics.