marketing plan first of all term paper
Excerpt by Term Paper:
His income level is fair enough allowing him to cover to buy a product that is at least average priced.
Another danger that needs to be addressed is the fact the fact that age category we are dealing with is most susceptible to change. Persons in this age bracket have a tendency to alter their car once every a couple of years, replace the electronics around the house, change the pc, etc . Compared with the over 55 category, much more out house, the customers we are targeting have reduced customer retention indicators and consistent additional effort on your side needs to be made in this sense.
The third threat from the marketplace that needs to be mentioned is related to technical obsoleteness as well as the implications deriving here coming from. One of the factors behind the customer preservation indicator I use previously mentioned is related to the fact that new technological features frequently appear in short while of time after an advancement is released. The market supplies, in this feeling, a significant obstacle for any business to keep up with the rate of transform. Any company will need to invest heavily in the research and development activities in order to be able to remain competitive.
In terms of opportunities, there are many worth mentioning as well. To start with, there are positive aspects deriving in the fact that the business is a start up. For the beginning at least, larger companies are much less likely to pay attention to a new ingerir and will probably respond less to its existence on the market.
Another opportunity well worth mentioning is the fact that the camera market is elevating at essential rates every year. It seems a growing number of practical to have a digital camera rather than a vintage camera. A lot of people have now considered the former. Since the market is definitely expanding, there are significant positioning opportunities.
Finally, we should notice on the option side the correlation between digital cameras as well as the computer sector. The connection can be caused by the very fact that the computer system is almost the final receptor of the procedure, where the photographs are finally downloaded. From this sense, given the fact that the computer market is still expanding at quickly rates, this might also be regarded an opportunity for digital cameras.
Like a final summary, it seems that the category of consumers getting targeted supplied a good opportunity for the company. However , it still needs to focus on several makes on the market
- Category: marketing
- Words: 454
- Pages: 2
- Project Type: Essay