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Published byWilfred Kelly Modified over 9 years ago
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PRESENTED BY DIEGO RUIZ, JEFFERY BOTWINICK, KARINA RAMOS,YANMI WANG
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Agenda Product Introduction Situation & Trend Marketing Segmentation Target Market Market Needs Market Objectives The value Proposition Product Position Competition Distribution Strategy Price Strategy Markteting Communications Finacial Analysis Conclusion
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Situation & Trend
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Marketing Segmentation Geographic
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Demographics & Behavioral Factors
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Target Market Market Needs Outdoor enthusiasts Campers Hikers Picnics Sanitation Staying secured to a table Durability Convenience Protection from the environment Target Market
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Short-term Long-term Create brand awareness and product differentiation. R.E.I. exclusivity Develop customer relationships. Have a 35% local market share Become one of the top brands Expand Smart Cover distribution. Marketing Objectives
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The Value Proposition High-quality Improving the level of convenience Portability Reasonable price
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Product Position
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Competition Standard table covers Table Weights Insulated tote bag
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Distribution Strategy Warehousing/Office In store placement Vertical marketing system Contractual VMS
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Pricing Strategy
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Marketing Communications Promotion Off-season Coupons Family-Friend Event Social Networks Magazines
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Financial
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Conclusion Innovative new product Strategy projects year one profits Product allows for growth Learning objectives
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Reference Kolter, P. & Armstrong, G. (2014) Principles of Marketing. Upper Saddle NJ:Pearson Maps of world (2013). Retrieved from http://www.mapsofworld.com/usa/national- parks/maps/major-national-park-usa.jpg Q&A Retrieved from http://www.digit-8.com/wp-content/images/question- comments-concerns-blog.jpghttp://www.digit-8.com/wp-content/images/question- comments-concerns-blog.jpg
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