Marketing Plan Outline Assignment Example | Topics and Well Written Essays - 2750 words

marketplaceing Plan adumbrate - Assignment ExampleMarket Summary This section provides the credibility of entering the chosen market of Bakersfield. presently people argon more reliant on dry cleaning assists for being restless and over equipped with the work-life balance. This factor provides the company to enter the market with newer and better facilities, like home deliveries. fancy up Analysis reveals that currently the company has the resources and abilities to enter this market. There are no strict rules and regulations surrounding this landing field of business. People are welcoming new and better services with limited time expediencyable to them for drop and picking up their clothes and other items. The strength, hence, lies in delivering the services at their door step, suing technologies to make it easier for them to avail the services and providing better results than others. Competition Wash N Dry and Today Dry cleaners are the closest competitors with many recur ring and satisfied customers. However, the service differentiation of providing home delivery facility is an obvious benefit for the clients. Moreover, the use of technology would enhance the credibility and save clients time to visit the shop. Products/Services The outline to capture the working community and save their time will be attractive to the Bakersfield market. Majority of the population is from a working class. Extended hours of work in different shift of employees would be helpful in creating flexibility for the clients to hail their laundries done at their ease. Moreover, home delivery would save them time and travelling cost which is an add-on to the high quality services the company offers. Keys to Success This section provides the key for the success of our business. The briny idea proposed is to close the gap between client expectation and actual service delivered. Hence, the idea is to shit value for the customer and communicate that value properly. Critical I ssues The critical issues to be considered are discussed in troika main points including The Pre-opening marketing of the service, the cost-benefit analysis of home Delivery and The formulation of Promotional Strategy that supports business aims. 2.1 Market Summary The target market of Bakersfield, California is attractive for the dry cleaning businesses. The employment rates among both(prenominal) men and women are high, leaving minimal time for them to perform household tasks. In order to get their laundry done, they opt for the service providers easily and cheaply available. The busy population does not get large time to visit the self-service dry-cleaning and laundry shops, hence, drop-off businesses like Today Cleaners are introduced. The service provides time-savings to the customers which is highly appreciated and accepted. Figure 1 (Britt, 2006) The population growth rate is about 40.6% since 2000 which is considerably high than other areas of the US. Approximately 3.5 m illion people are living in Bakersfield (USA.com). The median household income in Bakersfield shows an increasing trend of approximately 35% which shows their better living standards than before. The employment rate is about 88.5% in June 2013, as reported by U.S. Bureau of Labor