Professional Documents
Culture Documents
Internal Way
Company Evaluation:-
They must know their
strength, & weakness
Goal & Objective
Experience, Skills & resources
Technology
External way
They need very important information about the following
1 - Market Customer
2 – Market Segment
3 – Market Target
4 – Market Competitors
5 – Marketing collaborators
1 - Customer:-
They must need to know
Customer need
Customer want
Of course from my point of view I think Martha identified the best Target
market as
All of women avoid the unpleasant mess and also it is the big problem
of traditional trap
All of women can use it by their self without any help from the others
Also they are keen about their home and their children than men
They almost the big customer can buy it beside their home demand
Process:-
Distribute Trap-Ease through national grocery, hardware, and drug chains
such as Safeway, Zellers, Canadian Tire, and Shoppers Drug Mart. She
sold the trap directly to these large retailers, avoiding any wholesalers or
other intermediaries.
The traps sold in packages of two, with a suggested retail price of $2.99.
Martha wondered whether consumers were buying the traps as novelties
rather than as a solution to their mouse problems.
Physical Evidence:-
Sold in packages of two, with a suggested retail price of $2.99
6. 6
6-
How would you change Trap-Ease’s marketing
strategy? What kinds of control procedures would you
establish for this strategy?
Market segment
Market target
Positioning
It is primarily concerned with finding and helping you adapt to internal or external
factors that affect your strategy, whether they were initially included in your
strategic planning or not.