Five Year Marketing plan for Davidson & Robinson Ltd

Number of Words : 6396

Number of References : 15

Assignment Key : MSMFRD-6262

Popular By : Davidson & Robinson environmental analysis, Davidson & Robinson micro environment, Davidson & Robinson competitors, Davidson & Robinson macro environment, Davidson & Robinson SWOT, Davidson & Robinson Tarhet market, Davidson & Robinson marketing mix, Davidson & Robinson customers

Contents

  • Content for this assignmentIntroduction 3
  • Content for this assignmentDavison & Robinson Ltd --- Background 3
  • Content for this assignmentStrategic Analysis of Environmental Factors --- Davison & Robinson Ltd 5
  • Content for this assignmentMicro-environment 5
  • Content for this assignmentCustomers 5
  • Content for this assignmentDistributors/Intermediaries 6
  • Content for this assignmentSuppliers 6
  • Content for this assignmentCompetition 7
  • Content for this assignmentMacro-environment 7
  • Content for this assignmentPolitical Factors 7
  • Content for this assignmentEconomical Factors 8
  • Content for this assignmentSocial factors 8
  • Content for this assignmentTechnological factors 9
  • Content for this assignmentEnvironmental factors 9
  • Content for this assignmentLegal factors 10
  • Content for this assignmentSWOT Analysis 10
  • Content for this assignmentStrengths 10
  • Content for this assignmentWeakness 11
  • Content for this assignmentOpportunity 11
  • Content for this assignmentThreats 12
  • Content for this assignmentPotential Target Markets 12
  • Content for this assignmentTarget Market --- Urban Population (bars, pubs and restaurant loving) 12
  • Content for this assignmentJustification 12
  • Content for this assignmentCustomer Profile 13
  • Content for this assignmentGeographic 13
  • Content for this assignmentDemographic 14
  • Content for this assignmentBehavioral 14
  • Content for this assignmentPsychological 14
  • Content for this assignmentCustomer positioning 15
  • Content for this assignmentMarketing Mix 15
  • Content for this assignmentProduct 15
  • Content for this assignmentPrice 16
  • Content for this assignmentPlace 16
  • Content for this assignmentPeople 17
  • Content for this assignmentProcess 17
  • Content for this assignmentPhysical Evidence 17
  • Content for this assignmentMarketing Objectives 18
  • Content for this assignmentTarget Market --- Corporate Executives (West Yorkshire) 18
  • Content for this assignmentJustification 18
  • Content for this assignmentCustomer Profile 19
  • Content for this assignmentGeographic 19
  • Content for this assignmentDemographic 19
  • Content for this assignmentBehavioral 19
  • Content for this assignmentPsychological 19
  • Content for this assignmentCustomer positioning 20
  • Content for this assignmentMarketing Mix 20
  • Content for this assignmentProduct 20
  • Content for this assignmentPrice 20
  • Content for this assignmentPlace 20
  • Content for this assignmentPromotion 21
  • Content for this assignmentPeople 21
  • Content for this assignmentProcess 21
  • Content for this assignmentPhysical Evidence 21
  • Content for this assignmentMarketing Objectives 22
  • Content for this assignmentEvaluation and Control 22
  • Content for this assignmentSales Analysis 22
  • Content for this assignmentMarket Share Analysis 22
  • Content for this assignmentCustomer Satisfaction Review 23

Description

Competition in today’s business world is very intense. Every company is going out of the traditional ways and thinking out of the box to come up with innovative ideas to beat the competition. In such a scenario it is very important for a company to think long term and have strategies and plans that is not just going to serve its immediate purpose and needs but also helps the company in a long run. The companies around the globe have woken up to this and are investing time and money to design strategies and action plans for the future. In order to design efficient strategies, it is very important for the company to understand various factors that is going to influence the company. The various factors that can make an impact on the company are competition, customers, political situation, economic situation, company’s own strength and weaknesses, etc. Hence, it becomes very important for the company to design strategies considering all the above factors. This would be the marketing plan of the company and it’s the road map for the company. A company’s future success depends on how good the marketing plan is and how well a company can implement and execute the marketing plan. Also for any company to run the show for a long time, it must expand and diversify its products and services. This is the only way that a company can grow. If a company fails to do this, sooner or later the products or services will meet the saturation level and the company will fall prey to more innovative and diverse competitors.
This is the five-year marketing plan for Davison & Robinson Ltd. The marketing plan analyses the macro and micro environment in which the company operates and the strengths and weaknesses of the company. Two target markets are identified and differentiated marketing mixes are developed for each of them.

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