Реферат: Elements Of The Marketing Mix Essay Research
many customers in the target market as possible a way that arouses interest so
that the customers are encouraged to buy products. This must be accurate?? as law states it. The advertising method
chosen should suit the size of both the firm and size of its market. Small firms should consider these options because they are
of low cost and are cost effective still: ·
Word of mouth ·
Local press ·
Commercial directories. (e.g. yellow pages) ·
Delivering leaflets. All of the above should be considered as they are all with
in the small marketing budget that is available to me. Company and product analysis; Swot
analysis Using the swat analysis it will help with determining
which new products to introduce in the company and examine how existing
products are doing. SWOT stands for Strengths weaknesses, opportunities and
threats. The first to of these are internal and the second two are external.Strengths- the
company has as an advantage over the other companies because it sells from many
different well-established names all who are associated with good quality. All
of these name have there own form of advertising as well as any Urban surf co
put in to practise. Weaknesses- is
the size of the company selling the products, as it is very small. Also the
product is week because the clothing is based at a particularly type of person
with in the age group as the clothes are designed to a limited amount of
people. The other problem is that the small company only has a very small
amount of money available. This limits both expansion and marketing plans.Opportunities-
For the company to expand because of the ever growing population and the fact
that the area of Bishop Stortford will be prone to a great economic growth due
to the increase in access that is likely to become available. No shops in
Bishop Stortford cater for woman?s clothes except Urban Surf Co in this type of
market.Threats-The
treats to the company is the clothes shop just up the street which is based in
the same market as us there also a shop in the main present which will again is