Analysis of the Marketing Strategy for Service Online

Number of Words : 4023

Number of References : 10

Assignment Key : MSMIIS-6207

Contents

  • Content for this assignmentPART 2 - ANALYSIS AND MARKETING STRATEGY 3
  • Content for this assignmentSWOT Analysis 3
  • Content for this assignmentStrengths and Weakness 3
  • Content for this assignmentOpportunities and Threats 3
  • Content for this assignmentImplications 4
  • Content for this assignmentBusiness Objectives 4
  • Content for this assignmentMission Statement 4
  • Content for this assignmentGeneric Business Strategy 4
  • Content for this assignmentFinancial Objectives 4
  • Content for this assignmentMarketing Objectives 5
  • Content for this assignmentMarketing Strategy 5
  • Content for this assignmentDescription of Target Market 5
  • Content for this assignmentMarket Positioning 6
  • Content for this assignment1. Product / Service Strategy 7
  • Content for this assignment2. Price Strategy 8
  • Content for this assignment3. Distribution Strategy – Place of sale 10
  • Content for this assignment4. Promotion Strategy 10
  • Content for this assignmentIMPLEMENTATION, MONITORING AND CONTROL 11
  • Content for this assignmentCONCLUSIONS 12
  • Content for this assignmentREFERENCES 13

Description

SO is a new entrant in the online services market and is aiming to double its market share (from current 11%) by 2013-14 by creating a new marketing strategy for its services aimed at individual home owners looking for reliable, cost-effective help in locating tradespersons for repairs / work around the house. To achieve its business objectives, SO needs to differentiate its services from competitors by focussing on communicating its value proposition of a high quality, reliable, pre-vetted service at reasonable prices with a fast turnaround time. It can also attempt to generate more stable revenue streams through customer loyalty programs, long term membership packages and referral programs. Since trust among targeted market is often an issue with new online service providers, SO can provide a more personalised and accessible face to clients through online call centres (using gTalk and skype) and a telephone helpline. The ongoing quality of its services can be monitored through regular pruning of its database of tradespersons based on client feedback.

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