ProjectonOccasionLTDMarketingProject
Projectintroduction
NameoftheOrganisation:OccasionLtd
ProjectTitle:LifeTimeMarketingPlan
ProjectSummary–launchinganewsmartwatch
ProjectTimeframe:3months
PreparedBy:
ProjectContact:Marketing
ProjectOverview
LifetimeFirmisacompanythatsellssmartwatchesand is introducing wristwatches for the very first time.Peoplemay simplify their lives by using this watch.This can serve a variety of purposes in people’s lives.The device is used by people of all ages, includingchildren.Youmustbereadytorecoverfromthedanger.creatingasuccessfulplan. Success chancesareinfluencedbypromotions.Peoplearedrawntovariousadvertisingandpromotionalvideos,amongotherthings.
GanttChart
Launchingmarketing’smotivation
launchingmarketing’smotivationprovideadditionalalternativesanddiversityfortheitems and services supplied. Profitability of thebusiness – Increasing Sales and Revenue. Moreoptionsforproducts.Businessesbecomeincreasinglytechnologically advanced. Valueofabrand
ProspectiveClients
Withsmartwatches,childrenmaybenefitfromtechnology’sfinestfeaturestostayconnectedandsecure without having to deal with its downsides, suchscreenuse,socialnetworks,internet hazards, oronlinebullying.Professionals-Byincreasingtheefficiencyofbusinessownersandemployees,smartwatchesmayhelp companies. Employers mayusesmartwatchestomonitoremployeebehavioratworkandgatherinformationaboutthem(Barkley,2004).
ProjectRisk
Identifying a brand and contacting the right audiencescustomeropinions.Lackofasuitablepromotion.Assessingrisks.Noonewillrefusetopurchase anunknownproduct.Customers’opinionsmightbebothfavorableandunfavorable.Theintendedregioncannotbe reached by the goods without advertising(DeVries,2019). Solutions: Widespread advertising to the relevantaudiencesisrequiredsothateveryonewillrememberthe name. Give the greatest quality possible to preventbadreviews.shouldeffectivelyadvertisethegoods.
ProjectSuccess
Evaluationskillsforadecision-critical debate.
Gainingasizablemarketsharecanleadtoincreasedsalesasaresultof loyal, present customers buying more of a company’s products.Revenue growth may also broaden the entire customer base of acompanyaspotentialnewcustomersimitateexistingones(Goodman,2012).
Gainingmarketsharemayemphasisandimproveacompany’simage.
Includingthenewaudience.Theorganizationmayfocusitsmarketing efforts and money on the segments most likely to becomecustomersbyidentifyingitstargetmarket.Withthisstrategy,onemayrapidlyandcheaplyproducebusinessleads.
Conclusion
According to the research, just a handful products weresuccessful followingtheir firstlaunches.
If the product doesn’t sell well, the Occasion Ltd. firm canstillearnaprofitortheycouldsimplyprinttheirname.
I have the greatest marketing strategy that can help thebusinesssucceed.
Therearemanywaystosucceed. Thecorporationwillindeedbeabletoallowtheirnamereachtheaudiencesorgetthehighestprofitpossiblefromthisgoods.
Reference
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DeVries,E.(2019)BiographicalSketches:Of130menwhogreatlyinfluencedfundamentalism.EditedbyE.DeVries.IndependentlyPublished.
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