Running head COMPREHENSIVE MARKET PLAN .docxsusanschei
Running head: COMPREHENSIVE MARKET PLAN 1
COMPREHENSIVE MARKET PLAN 6
Comprehensive Market Plan
Michael Adams
Columbia Southern University
Comprehensive Market Plan
Overview of the company
Women on the Go is a startup company that specializing on advising women on clothing and how to purchase clothes that best suit them. The Company aims at the affluent women who have less time and knowledge on what and how to wear. Therefore, the Company using its esteemed workers like the fashion designers or fashion specialists can reach the clients either online or through physical contact. However, as much as Women on the Go gives first priority to affluence women the firm also serves other populations such as gentlemen but in a low percentage compared to their female counterparts.
Women on Go utilizes cutting out the middleman business model this is because the organization relies the impact of the middlemen to both the clients and that applies to the case of hiking of the prices when the demand increases. The Company has benefitted from the business model because they are in a position to engage the clients directly and through the process their interests, preferences and tastes are put into consideration and the aftermath to the situation is the profit increment (Allen & Helms, 2006). The organization’s mission, vision and objectives are clearly stated and every worker puts that into action that has resulted to the success for the Company for a long period of time. Similarly, they value clients and their satisfactory that why is it known despite the fact that it is a start-up company.
Market Research Strategies
In the need of ensuring that it remains relevant Women on Go should conduct market research so as to be in position to understand the nature of the target market and how to respond to the needs of the market. A good market research will bear information that will facilitate selection of the proper strategies. Market research analyzes information on the clients, competitors and the company before the decision is made on the best alternative. Therefore, it is important Women to Go should invest intensively on the same if they want to attain the profits level. The organization should put into consideration every finding from the market research because the smartness that will be observed in this case will directly affect the strategy to be used.
Women to Go should use the survey as the market research strategy. The survey will enable them to get the feedback from the customers about the services as well as how their specialists handle the clients. The fact that the Company is in its infancy stages it should be keen to ensure that the participants involved in the interview are among the loyal and esteem customer of the organization. The condition is important because these cli ...
Describes how product / industry marketing must evolve to ensure marketing effectiveness, i.e. sales and marketing success, in an increasingly crowded marketplace. Content is based upon my personal insight, marketing a range of high tech. product products and services, for a number of companies across the TMT sector.
Fundamental steps to start successfully in your new position as a sales manager or director. Includes reference information to "The First 90 Days" by Michael Watkins, covering a broader range of positions, up to being a new CEO. Additional links to blog posts on sales, sales management and leadership.
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About Hector Del Castillo
Hector is VP of Professional Development at the PMI Silver Spring Chapter, and CEO of Bold PM. He's a mid-market growth product executive and changemaker. He works with mid-market product-driven software executives to solve their biggest growth problems. He scales product growth, optimizes ops and builds loyal customers. He has reduced customer churn 33%, and boosted sales 47% for clients. He makes a significant impact by building and launching world-changing AI-powered products. If you're looking for an engaging and inspiring speaker to spark creativity and innovation within your organization, set up an appointment to discuss your specific needs and identify a suitable topic to inspire your audience at your next corporate conference, symposium, executive summit, or planning retreat.
About PMI Silver Spring Chapter
We are a branch of the Project Management Institute. We offer a platform for project management professionals in Silver Spring, MD, and the DC/Baltimore metro area. Monthly meetings facilitate networking, knowledge sharing, and professional development. For event details, visit pmissc.org.
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Editor's Notes
Welcome to a quick introduction to the 8 Ps of Marketing.