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Running Head: Marketing Plan: Final Paper and Presentation 1
Running Head: Marketing Plan: Final Paper and Presentation 1
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Introduction
The delivery of outstanding customer service has formed a critical part of todays
business marketing strategies. Managers are at a crossroadthe majority of professionals with
the responsibility of developing customer care measures recognize that they are not meeting the
needs of their customers. Managers also recognize a shortfall in profits due to the lack of quality
in customer service. Nonetheless, customer service challenges are going to continue to increase
as long as there is a lack of suitable business strategies. Savvy Solution Consulting Firm, Inc.
specializes in analyzing and motivating businesses and organizations in designing successful
customer service strategies.
Savvy Customer Service Consulting Firm, Inc. has a history of handling complaints on a
multiple level ranging from simple to complex. Savvy have received numerous awards from J.P.
and Associates, for our consistent customer satisfaction for the past five years. Savvy builds its
companys values on morales, integrity, and honesty.
Lee Lacocca said You can have brilliant ideas, but if you cannot get them across, your
ideas will not get you anywhere. Savvy Solutions have interred into marketing plan. In the
marketing plan Savvy Solution will identify the segmentation criteria that will affect your target
market selection, identify the target market, and describe the organizational buyers and
consumers of service. Savvy Solution will also analyze current competitors and define the
competitive landscape.
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Savvy Customer Service Consulting Firm, Inc
Wal-Mart is a global marketing corporation that manages a large chain of priced cut retail stores
and storehouses. In respect to a Fortune Global 500 enumerate, Wal-Mart is the third largest public
corporation is the world. It is also considered to be the worlds leading independent employer with
millions of workers. To date the Walton family continues to operate as a family-owned and family
controlled organization. The Walton family possesses 48 percent of claim in the company.
Sam Walton started the company in 1962 and integrated in October of 1969. His first public
trade was in 1972 with the New York Exchange. Its center of operations is in Bentonville, Arkansas.
Wal-Mart is considered to be the biggest food trader in the United States. In 2009 it produced 51 percent
of its US dollars in sales from food stock. In addition to Wal-Mart, Sam Walton also produced and
operated the Sam's Club. By 1988, Wal-Mart was claiming to be the most profitable merchant in the
United States. This progression of success led to the undertaking of K-Mart and Sears stores.
This outstanding performance also entitled Wal-Mart to be rated the largest retailer in America; a
rating in which it continues to hold. Wal-Mart was successful in creating and developing 8,500 retail
stores in 15 countries, which operates under at least 55 various names. In the United States it markets
under the name of Wal-Mart. Wal-Mart operates in Mexico under the name of Walmex. It operates
under the name of Best Price in India, as Seiyu in Japan, and Asda in the United Kingdom. Its operations
in Argentina, Brazil, and Canada are solely owned and operated. Wal-Marts reserves outside of the
North America have had an assortment of results. On the other hand its business in the United Kingdom,
South America, and China has been extremely successful, while projects in Germany and South Korea
have been unproductive.
New Service
Savvy Customer Service Consulting Firm, Inc. partners with organizations and companies who
understand and realize that there is a need to maintain a focused plan on customer and employee needs.
In this highly competitive and global marketing civilization companies and organizations must create a
distinguished identity of themselves from the competition. Savvy CSC Firm, Inc. provides a four key
support system that will produce an excellent focus on customer and employee need:
Customer Focus
Customer alignment
The four key support system along with other unique comprehensive approaches can ensure a company or
organization standards remain above the level of the competition. We link up with our clients to achieve
the goal of success. Our motto is We make sure the last customer transaction was not the final one
("Put A Customer Service Consultant To Work For Your Firm "creating Legendary Customer Service"",).
We treat each customer with respect and provide complete confidence, while delivering
results in a timely manner. Our staff is highly trained with the expertise in customer awareness.
Savvy Customer Service Consulting Firm, Inc. is conveniently available for any diverse situation
because of our multiple cultural staff; we are able to relate to several nationalities in their native
language.
The business economys challenge, in 2013 is establishing a flourishing company that
faces many obstacles. These challenges often influence their rate of permanence. Some industries
that are globally known are often fighting vigorously to uphold their status position. Marketing is
an essential factor to the affluence at Savvy Customer Service Consulting Firm, Inc.s. The
marketing tactics include branding, influencing, and acquiring new clients. These strategies are
performed to aid in sales. Our motto is nationally known and seen on commercials and
billboards throughout the country.
The consulting firm promotes its services with a full time sales team who attends trading
fairs, global entrepreneur trainings, and offers a free consultation with any company. The value
of our product is priceless. We put our clients goals and needs first. We at Savvy meet weekly to
discuss the companies goals and marketing strategies. We maintain a monthly budget on
marketing expenses. Our marketing is also monitored closely to track what is working and what
needs to be restructured. There is competition in every industry therefore; we at Savvy have to
take it a step further to stay above of opposition.
We are constantly creating innovative ways to keep the companies name relevant. One
way we do that is asking our clients to fill out a simple survey on how well did we solve their
concerns? We follow up with a courtesy phone call to remind the client that they are our priority.
It is imperative that Savvy Customer Service Consulting Firm, Inc. marketing concentrates on
clients needs and specific aimed audiences. Our marketing strategies are focused on the
satisfaction of our clients, this is critical to the decisions made by the company to go beyond and
above what our clients expect.
Strengths
Here at Savvy Customer Service Consulting Firm, Inc. the customer satisfaction is our
number one priority. We are a dedicated company that bases our goals on identifying and
analyzing problems and opportunities, and delivering a strategic plan to satisfy any and all
clients complaint. At Savvy Customer Service Consulting Firm, Inc.s we are able to handle such
visionary projects; we have a strong educational background in business, as well as massive
experience in training. Finally, at Savvy Customer Service Consulting Firm, Inc. we have gifted
individuals who have a current understanding on how trends work, how companies can earn and
maintain lifetime customers base, and what type of products and services that have a long life
cycle.
Opportunities
When hiring the Savvy Customer Service Consulting Firm, Inc. team we utilize our
expertise to gain data from other businesses information that includes both failures and success.
Savvy staff has the ability to come up with new ideas and solutions that keep the business on
forefront of its competition.
Weakness
The members at Savvy Customer Service Consulting Firm, Inc. are not giving any
personal information and they are not affiliated with your company. Savvy Customer Service
Consulting Firm, Inc. may be unaware of operating procedures that are in place, and is not aware
of the type of business you are conducting. With Savvy Customer Service Consulting Firm, Inc.
they are basically hiring a stranger.
Threats
Pending the legislation law will increase costs related to obtaining of special licensing
and certification to work as a solution firm. Legislation may also present an opportunity within
the field by its potential to increase the awareness of experienced related with the specific type of
Consultancy Company.
Trends
Savvy Customer Service Consulting Firm, Inc. would like to start the trend with
technology that obtain results easily and delivers information quickly to everyone. Other solution
organizations can base their strategies on the changes in technology that offer results quickly.
The marketing research approach used by Savvy Customer Service Consulting Firm,
Inc.s to develop a marketing strategy for new clients is as followed: First identify the services of
the company, explain our service value, business philosophy and our companys mission. Once
our marketing plan is in place, it will be incorporated as a standard commitment for every task
we accept.
There are four critical steps involved in developing your marketing plan
1. Research and analyze your product and the market for the product.
2. Organize and write the plan
3. Implement the plan throughout every component of your business.
4. Constantly evaluate the results of your marketing plan (Business Consulting Buzz,
2008, Para. 3).
To execute our marketing plan Savvy Customer Service Consulting Firm, Inc.s must
engage with each employee when pertaining to an existing client. Proper training is imperative in
order to implement these procedures and allow them to become a part of our critical daily
policies.
Service Attributes in Detail
The benefits of Savvy Solution Consulting Firm, Inc. are numerous and profitable. The
benefits included will help to describe our business. In essence, the benefits offered will solve
problems inside and out of a business or organization that has affected its customer and
employee services. The following strategies will increase customer service loyalty as well as
enhance employee loyalty (Fraterman, 2003): Customer Experience Workshop (Best-Price
Signature Package)
Every product has a specific life span, which is called a natural life cycle. The life span of
a service or product is surrounded by when the product is developed and the life cycle in which it
goes through before the product is removed. This is extremely supported by technology,
competition and even the rationality of a businesss marketing department. Objectives, brand
names, and advertising are some of the ways your product moves through the product cycle. The
life cycle has four stages that will be explain in the next few paragraphs. Savvy Solution
Consulting Firm, Inc. plans to move at an easy and steady pace (Neil Kokemuller, Demand
Media, 2007).
Our clients are not rushed and we do not make them feel like a number, but relevant and
important. The time in which it takes a product to go through the life cycle will determine the
longevity of that product. This is the length to show how long the product is likely to remain
sustainable in the industry. Some opposition is likely to accelerate the product life cycle as
additional businesses strive to drive the production ahead. The movement factors consist of four
stages: introduction, growth, maturity, and decline (Kristie Lorette ). The introduction stage is
when the product is introduced to the market. At this point the product can be priced at a high
cost to cover their RND, also in the beginning stage there is no competition and the product is
exclusive (Neil Kokemuller, 2007).
Next is the growth stage, at this point the product is bringing in small amounts of sales
and competitors are beginning to surface. At this time advertisement is used to promote the
product and the price is reduced to open more outlets as a penetration strategy. Once the product
reaches the maturity stage the company presents the product at the next cost level, this will
reduce advertisement spending and allow the company to focus on the marketing aspect. The
$1300
Stationary
$3,000
Brochures
$5,400
Consultants
$5,000
Insurance
$400.00
$3,000
Other
$900.00
$30,000
$10,000
$40,000
$0
Total Assets
$40,000
Total Requirements
$59,000
Funding
Investment
Investor 1
$25,000
Investor 2
$25,000
Other
$8,600
Current Liabilities
Accounts Payable
$400.00
Current Borrowing
$0
$0
Current Liabilities
$400.00
$0
Total Liabilities
$400.00
($19,000)
Total Capital
$39,600
$40,000
Savvy Solution had to explore what quantifiable facts can be used to measure the success
of their promotional ads. Are they reaching target market? Are the ads attracting new business?
Savvy Solution knows it is very important to select the right evaluating instrument that is
suitable for our strategy. Quantifiable elements can help Savvy Solution increase our marketing
success, and evaluating our performance can play an important role in our efficiency as a
consulting firm. Some companies are terrified that an evaluation can cast a negative light on their
promotion plan, but fail to realize it can benefit them to conduct a systematic evaluation.
We need to consider each marketing plan that is prepared for the marking budget and
identify the evaluating instrument that will help you track our effectiveness. Savvy Solution must
function within the promotional budget for each quarter. We must take into consideration the;
Time (Payroll)
There are numerous ways Savvy Solution can place controls so that can monitor their
advertising budget. If we assess our expenses, we are able to sustain our quarterly budget and
see precisely what our increases or decreases in our budget.
Smallbusiness.chron.com/pace-product-moves-through-product-life-cycle-14382.html
Swan Mountain Consulting Group. (2013). Fee Schedule. Retrieved from
http://swanmountingconsulting.com/index.php?p=fee
Total Quality Management. (2000-2013). Retrieved from http://asq.org