Running Head: MARKETING PLAN i Topic : Marketing Plan Paper Type : Assignment Word Count : 7000 Words Pages : 28 pages Referencing Style : Harvard Referencing Education Level: Masters Marketing Plan [Name of the Writer] [Name of the Institution] MARKETING PLAN ii Executive Summary Gulp Beverages is a newly twisted company, which aims to be a market leader in introducing and proffering various kinds of healthy beverages. This report is the marketing plan of the new product of Gulp beverages to be launched with the name of Goji Plunge, which will be a healthy energy drink away from the health risks associated with other beverages and energy drinks. This marketing plan entails the details related to marketing of Goji plunge. It includes the details related to the company and product. It discusses the competitors as well as includes an internal and external macro environmental analysis which leads to the formation of differentiation strategy that Gulp Beverages will assume related to its major competitor. The plan also provides the pricing and distribution plan for Goji Plunge as well as IMC strategy which includes all the advertising, personal selling, sales promotion and other promotional strategies that the company will pursue to achieve its marketing goals. The plan also entails a customer satisfaction plan to measure satisfaction level of the customers and respond to the satisfaction gaps. The marketing plan discusses the company’s intention to be a market leader. The marketing plan concludes with a discussion of the most significant trend to affect the business and the intention of the Gulp Beverages related to the trend. An action plan for marketing of Goji Plunge is provided in the appendix MARKETING PLAN iii Table of Contents Executive Summary ........................................................................................................................ ii Company introduction .................................................................................................................... 1 Company’s Mission..................................................................................................................... 1 Company’s Vision ....................................................................................................................... 2 Product description ......................................................................................................................... 2 Marketing goals .............................................................................................................................. 2 Competitor Analysis ....................................................................................................................... 3 Strengths and weaknesses of Gulp Beverages ................................................................................ 4 Strengths ...................................................................................................................................... 4 Weaknesses ................................................................................................................................. 4 Macro environmental analysis ........................................................................................................ 5 Opportunities ............................................................................................................................... 5 Threats ......................................................................................................................................... 6 Differentiation Strategy .................................................................................................................. 6 Market segmentation and target market .......................................................................................... 8 Pricing Strategy ............................................................................................................................... 9 Distribution Strategy ....................................................................................................................... 9 IMC Plan ....................................................................................................................................... 10 Advertising strategies for Goji Plunge ...................................................................................... 10 Measuring the effectiveness of the advertising strategies ..................................................... 11 Sales Promotion, personal selling and other promotional strategies ......................................... 12 MARKETING PLAN iv Customer satisfaction plan ............................................................................................................ 14 Measuring customer satisfaction ..............................................................................................
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