Thursday, December 12, 2013

Final Project: Creative Content


Final Project: Implementation Evaulation Control


To implement all these elements, we would need a team of workers dedicated to do the best to make Nature’s Delight the best brand. At Nature’s Delights, our, “ company first develops companywide strategic plans and then translates them into marketing and other plans for each division, product, and brand. Through implementation, the company turns the plans into actions.” (Pg. 55) To us, implementation is as important as strategy. “The fact is that both are critical to success, and companies can gain competitive advantages through effective implementation. One firm can have essentially the same strategy as another, yet win in the marketplace through faster or better execution.” (Pg. 57) We recognize that implementing our strategy won’t be easy, but even still we are dedicated to carry out the plan to make Nature’s Delight a success

Final Project: Pricing


Pricing is also important to us. We want to charge a reasonable amount but still deliver the highest quality product we can.  Through our marketing research we could help determine this price. “It can help them to assess market potential and market share or to measure the effectiveness of pricing, product, distribution, and promotion activities.” (Pg. 106) Also, we would stress that with every package of Nature’s Delight purchased you are helping someone in desperate need. Labeling is a key component to our price. The Label is what people see when they see our product. “Labeling has been affected in recent times by unit pricing (stating the price per unit of standard measure), open dating (stating the expected shelf life of the product), and nutritional labeling (stating the nutritional values in the product).” (Pg. 218) Labeling can also better our chance of sales. “Labels and brand logos can support the brand’s positioning and add personality to the brand.” (Pg. 218)

Final Project: Distribution


We don’t want to cut any corners with our brand Nature’s Delight. So even in our factories and how we distribute would be handled with care and importance. We would also have surveys on what the people would like to see and offer special promotions for those who fill out the surveys. “By going online, researchers can quickly and easily distribute Internet surveys to thousands of respondents simultaneously via e-mail or by posting them on selected Web sites. ” (Pg. 114) This is the most effective way to gather information. “Online research usually costs much less than research conducted through mail, phone, or personal interviews. Using the Internet eliminates most of the postage, phone, interviewer, and data-handling costs associated with the other approaches.” (Pg. 114) Also, our promotion will help us choose the most effective way to distribute our product to our customers. 

Final Project: Promotion


We will expand our reach by strategically promoting our product. For example, we would do demographic research on our target market on what radio stations they frequently listen to and buy ample radio ads to promote the product. We have our marketing team working to, “ help the company to promote, sell, and distribute its products to final buyers.” (Pg. 68) We also realize the growing influence of social networks. Therefore, we are working to, “help the company to promote, sell, and distribute its products to final buyers. “ (Pg. 143)

Final Project: Product


We stand by our product with the utmost confidence. “Positioning is arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers.” (Pg. 52) Positioning is key, as previously stated, convenience is one of our top priorities. We want our customers to have easy access to a wonderful product. “As one positioning expert puts it, positioning is “why a shopper will pay a little more for your brand.”14 Thus, marketers plan positions that distinguish their products from competing brands and give them the greatest advantage in their target markets. “ (Pg. 52)

Final Project: Target Market Strategy


The target market strategy is laid out.  The many possibilities can be collected into four groups of variables known as “the four Ps”: product, price, place, and promotion.” (Pg. 53) Once our target market is picked we will make ourselves known in the community by having great customer service people go out and se up booths in stores and possibly sponsoring events. It is key that all of the people working our very personable and encourage customer relationships with our brand. In every move w make we want it to be effective. “An effective marketing program blends all of the marketing mix elements into an integrated marketing program designed to achieve the company’s marketing objectives by delivering value to consumers.”(Pg. 54) We would also, stress that part of the cost for the product goes to charities in need. We would also promote special advantages to the community. However, this only ne side to the coin. “ The four Ps concept takes the seller’s view of the market, not the buyer’s view. From the buyer’s viewpoint, in this age of customer value and relationships, the four Ps might be better described as the four Cs: Customer Solution, Customer cost, Convenience, Communication.” (Pg. 54) Convenience would be one of our strong suits, we firmly believe in being inconvenienced to convenience our customers. We would be totally transparent in how we obtain our products and the process it goes through. “Customers see themselves as buying value or solutions to their problems. And customers are interested in more than just the price; they are interested in the total costs of obtaining, using, and disposing of a product. “ (Pg. 55) This is something that is a must for our company. “ Customers want the product and service to be as conveniently available as possible. Finally, they want two-way communication. Marketers would do well to think through the four Cs first and then build the four Ps on that platform.” (Pg. 55)