Professional Documents
Culture Documents
Terminal Examination
Marketing Management -- BSBA 4 (A&B)
Time Allowed: 180 mins August 12, 2020 Max Marks: (40)
NOTE
Write relevant – avoid stories All the answer sheets will be plagiarized first so avoid copying
Write the reference from where the content is taken Answer submitted on MS Team using MS Word will only be considered
Financing Risk
The company do debt financing for a long term at a high interest and country’s economy
sometimes declined that results in loss of a company
References
https://en.wikipedia.org/wiki/McDonald%27s
Ans. In this pandemic situation, I am going to launch hoddie in which the gloves and the
mask are attached with the hoddie.
Why I select this product?
I select this product because as we know that winters are coming and Pakistani’s people also
purchase a convenient product and Pakistan’s people don’t purchase mask and also don’t wear. By
getting this product that contain gloves as well as mask that protect human body from this
pandemic and this masks and gloves are recycled by washing it through sanitizer.
How is it design?
A zip is attached at the end of sleeves that connects the gloves and the sleeves and the mask is
attached with hoodie’s cap and it is also attached through zip.
Benefits
It will be protect the man from this covid 19
People don’t need to purchase more masks
It is recyclable
As it is designed perfect for the customers
We can wash gloves and masks through sanitizer
It not only saves us from cold but also it will save from this pandemic
a) Target Market
The target market is the all of the three class’s i.e upper, middle and lower class. As we all know that
people do not purchase masks and gloves and this product is especially designed that both of the
things are attached and its main advantage is it is recyclable. All classes are targeted to get
maximum market share
b) Market segmentation:
Behavioral Segmentation
it is segmented by the behavior of the people as most of Pakistanis do not wear gloves and
they don’t purchase masks and gloves.
Geographic segmentation
it is segmented geographically in all of the big cities of Pakistan
Demographic Segmentation
It is segmented demographically and this hoodie is especially for the people having age more
than 20
Psychographic Segmentation
Personality traits
People with sober and sophisticated lifestyle can use this product
c) Marketing mix strategies
A marketing plan is an effective opportunity available to the business owner for converging
all of its resources with comprehensive planning to achieve desired results
Product
It is a high quality products as it would be a new unique product in a market that not only
protect us from covid 19 but also from cold
Price
The price of the hoodie is Rs.1500
Promotion
For the promotion of this product ATL and BTL techniques is used to get attention from its
customers
For Example they use digital advertising. Ads of this hoodie are come repeatedly after
regular interval of time with celebrity endorsement on TV for promotion of the brand to keep
customers loyal.
They also use print media for advertising
I will use a tagline in my ads as “Better care better understanding”
Placement
This hoodie is available in Diner’s outlet as I will launch this product in Diner’s outlet which
has a brand image among its customers and the customers will prefer to purchase this brand
Other Marketing Strategies
Will use the strategies of extensive market
Will use digital media for advertising
They also use a word of mouth for their marketing
Will provide email and contact number in order to satisfy the customers
Forward integration strategy we will build a very strong relationship with the customers
d) Deal with competitive strategies
As the product would be newly launched in the market than in start I will do monopoly as I
have a competitive edge as compared to my other competitors like Levis, Cougar etc
Improve the customer service
Identify and solve the pain points of the customers
Perfect pricing strategy revolves around the marketing psychology
As it would give a competitive advantage