situation analysis
swot
strengths
weaknesses
opportunities
Part 2: Situational Analysis
The situational analysis is designed to take a snapshot of where things stand at the time the plan is presented. This part of the Marketing Plan is extremely important and quite time consuming. For many, finding the numbers may be difficult, especially for those entering new markets. The situational analysis covers six key areas: product, target market, distribution, competitors, financial and other issues.
1. Describe the main product features, major benefits received by those using the product, current branding strategies, etc.
Pricing
a. Describe pricing used at all distribution levels such as pricing to final users and to distributors, incentives offered, discounts, etc.
b. Distribution
c. Describe how the product is made accessible to final users including channels used, major benefits received by distributors, how product is shipped, process for handling orders, etc.
Promotion
Describe promotional programs and strategies in terms of advertising, sales promotion, personal selling and public relations, how product is positioned in the market, etc.
Services Offered [AUGMENTED PRODUCT]
Describe support services provided to final users and distributors before, during and after the sale
situation analysisswot strengthsweaknessesopportunitiesPart 2: Situational AnalysisThe situational analysis is designed to take a snapshot of where things stand at the time the plan is presented. This part of the Marketing Plan is extremely important and quite time consuming. For many, finding the numbers may be difficult, especially for those entering new markets. The situational analysis covers six key areas: product, target market, distribution, competitors, financial and other issues.1. Describe the main product features, major benefits received by those using the product, current branding strategies, etc.Pricinga. Describe pricing used at all distribution levels such as pricing to final users and to distributors, incentives offered, discounts, etc.b. Distributionc. Describe how the product is made accessible to final users including channels used, major benefits received by distributors, how product is shipped, process for handling orders, etc.PromotionDescribe promotional programs and strategies in terms of advertising, sales promotion, personal selling and public relations, how product is positioned in the market, etc.Services Offered [AUGMENTED PRODUCT]Describe support services provided to final users and distributors before, during and after the sale
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