SITUATION ANALYSIS The marketing environment for LIMCOMA represents overwhelming opportunities. It also contains some challenges that the firm believes it can meet successfully. An illustration below shows a SWOT analysis of the company to highlight LIMCOMA’s strengths, weaknesses, opportunities, and threats. Strengths LIMCOMA’S dedicated founders understand the target market and products. LIMCOMA has achieved distribution in several markets with quick acceptance The firm has a very little debt with great potential for growth. LIMCOMA has its own manufacturing firm for maximum quality control Threats The consumer may tire of the products. The firm needs to keep it fresh. Many competitors may still arise. Relationships …show more content…
* To contribute to the welfare of the communities in which its main office and branches reside. By November 2000, the Foundation started it fund raising to accomplish these objectives. Then Governor Hermilando Mandanas responded immediately by pledging 20 scholarship grants to deserving beneficiaries. The Board of Trustees composed of past and incumbent members of Limcoma MPC Board of directors launched its own fund raising activity and raised P 1 million to finance not only scholarship but also service work such as medical and dental, donations on worthy causes and other activities for the benefit of the indigent citizen. To date the following grants have been given to deserving scholars. * 14 College graduates(with simultaneous assistance from the Batangas Provincial Government) * 3 High School graduates * 1 Current College scholar * 1 High School scholar Mission - To become an outstanding cooperative in the field of social service responsive to the needs of its members and the The Limcoma Foundation, Inc.community in which it is a cooperative citizen. Vision - A socially responsible cooperative citizen to the general public to its members and to the citizens in the community where it resides. Objectives 1. To be able to address the social responsibility of the cooperative as a
PetSmart is one of the largest specialty pet retailers of service and solutions for the lifetime of pets. More than 1008 stores are open in the United States and Canada that provide pet foods and supplies that are priced reasonably. PetSmart provides all types of services for pets including pet training, pet grooming, pet boarding and adoption services. In addition to providing impressive value PetSmart has the broadest, deepest product range in the industry, including thousands of products exclusive only to PetSmart. Every year PetSmart takes care of the grooming for hundreds of thousands of pets in what PetSmart calls its PetSmart Salons. These animals are groomed and pampered by stylist who have
This marketing plan will give an overview of the existing organization and describe a new product or service. An explanation of the importance of marketing for the selected organization’s success will be addressed. A SWOTT analysis on the new product or service will be written. In addition, the marketing research approach used to develop the marketing strategy and tactics for this new product or service will be stated (University of Phoenix, 2011).
3) Vacation Goers: This segment includes retired couples who love to travel. They want to look back on their great memories of traveling around the world. They have more free time than the other segments, so they can devote more time to putting together their scrapbooks. This segment 's age is between 50 and 70. Their income range is $50,000 and over.
The first stage is organization perform a situation analysis of marketing environment. The situation analysis will outline the specific organization 's goal, and define the potential customers, competitors and distributors. In addition, It also identifies the factors of internal and external environment that support or hinder the organization 's objectives, and ensures the market planning effectively. Moreover, the SWOT analysis applied to the situation analysis process, which can identifies strength, weakness, opportunity and threats of the company.
One of the biggest weaknesses that will arise from the proposed service is having to contend with transportation and insurance costs. The driver would need to be paid in addition to the fact that fuel will be needed on a weekly basis and is very expensive. Taking on this venture will provide several opportunities for the fast food chain.
There are over 1.1 million men and woman amateur and pro bodybuilders alone in the United States. The IFBB has competitors age ranges from as young as 16 years to as old as 83 within a range categories for competition, The NutiBullet Pro is a necessary tool to assist the competitors in preparing for competitions fulfilling a need for a quick, convenient and easy way for bodybuilders to create their protein shakes, whey smoothies or one of their required 6 to 7 meals a day.
Question #1: Develop a brief marketing plan for the event of your choice. Make sure to identify the competitive advantages, target market(s), strategies, tactics, budgets, and schedule and evaluation methodologies. Describe how you will increase your marketing performance through creative and innovative tactics.
The Marketing Plan is a highly detailed, heavily researched and, hopefully, well written report that many inside and possibly outside the organization will evaluate. It is an essential document for both large corporate marketing departments and for startup companies. Essentially the Marketing Plan:
sent to all individuals in the organization who must implement the plan or who will be affected by it. If the plan is directed to an external audience, such as friends, banks, venture capitalists, or potential investors, for the purpose of raising capital, it has the additional function of being an important sales document. In this case, it contains elements such as the strategic plan/focus, organization, structure, and biographies of key personnel that would rarely appear in an internal marketing plan. Also, the financial information is far more detailed when the plan is used to raise outside capital. The elements of a marketing plan for each of these two audiences are compared in Figure A–1. The
I will donate a percent of my earnings to M.A.D.D. Mothers Against Drunk Drivers for their help with regulating laws for drunk drivers. And donate time with A.A. Alcohol Anonymous
They have a website where they post the products that they currently have. In addition, they show actual photos of celebrities wearing a similar item of clothing that are being sold on their site.
The primary objective of every cooperative is to help improve the quality of life of its members. Towards this end, the cooperative shall aim to:
Lululemon is a company that has based itself around a value proposition of ethical production, healthy living and quality athletic gear designed to encourage and support an active lifestyle (Lululemon, 2014). Unfortunately for the company in the last year it has come under fire for a run of clothing that was far below their standard quality, and was in fact recalled for being too sheer (Peterson, 2013). This incident was exacerbated by CEO Chip Wilson’s comments that effectively blamed the issue on the body types of their customers (Forbes, 2014). This series of events served to isolate the brand from two of its critical strengths, namely the positive, encouraging push towards healthier living and the socially conscious production of high quality goods. In order to address this issue we are focusing our marketing plan on three specific areas: Focusing on emphasizing the realignment of our executive to reflect the values of the corporation, continuing to increase the production of micro-marketed goods, and increasing our client engagement by promoting yoga events in local communities in order to re-establish our position as a healthy, active and body-positive firm.
“With the foundation and commitment of our spiritual heritage and values, our mission is to promote the heath and well-being of the people in the communities we serve through a comprehensive continuum of services provides in collaboration with the partners who share the same vision and values.”
Organisations decides what to do with their business units and write them down in a marketing plan which will involves choosing a marketing strategy that will aid in the realisation of an organisation’s objectives(Kotler and Armstrong,2008).