Jul 21, 2017 Research papers

Lint Clothing Limited Company`s Branding, Pricing, and Distribution Strategy

This paper concentrates on the primary theme of Lint Clothing Limited Company`s Branding, Pricing, and Distribution Strategy in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Lint Clothing Limited Company`s Branding, Pricing, and Distribution Strategy

INSTRUCTIONS:

Assignment 3: Part C: Your Marketing Plan



Due Week 8 and worth 280 points



From the start of this course, you have accessed the Interactive Marketing Plan tool and used the step-by-step guide to complete Part C of your marketing plan. You are required to submit a marketing plan for a hypothetical product-based company. Your plan must include the company`s social media strategy, and information collected from Steps 6-7 of the Interactive Marketing Plan, located in the course shell. Note: Some elements may not be covered in the Interactive Marketing Plan and will require additional research.



Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.



Write a six to seven (6-7) page paper in which you:



Develop the company`s branding, pricing, and distribution strategy.

Provide the following marketing strategy information:

Classify the company`s major competitors as inter- or intra-competitors. Categorize the competitors` major strengths and weaknesses.

Develop the differentiation strategy in relation to the closest competitor.

Establish whether the company`s intention is to be a leader or follower within the industry.

Assess the level of impact that the salient macro-environmental issues (e.g., legal, technological, social, and economic, etc.) and trends with which the company must contend could potentially have on the company`s marketing strategy.

Discuss the marketing research tools that you used in your marketing strategy.

Construct an implementation strategy for your hypothetical company in which you specify the essential activities and responsibilities. Include a timetable for completion of each component of your strategy.

Develop a five (5) year expansion plan that includes future profitability and market share growth. Include necessary graphs to explain your plan.

Specify two (2) social media and / or media tools that you would use as you develop your plan. Justify each of your chosen tools.

Choose two (2) performance standards, two (2) monitory methods, and two (2) financial controls that you would implement that differ from the standards that you had provided in Assignment 1. Justify your choices.

Assess the potential for your company`s overall performance in relation to the marketing plan objectives.

Suggest the integrated marketing communications that are most relevant for your marketing plan. Relate each marketing communication to your company`s advertising strategy.

Use at least five (5) academic resources that address sustainability and monitoring of effective marketing plans and determine the applicability for your hypothetical company. These resources should be industry specific and relate to your chosen product / service. Note: Wikipedia and other Websites do not qualify as academic resources.



Your assignment must follow these formatting requirements:



Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student`s name, the professor`s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.



The specific course learning outcomes associated with this assignment are:



Develop strategies to assess performance and achieve marketing goals.

Develop pricing strategies and distribution channels for products.

Analyze integrated marketing communications and its relationship to advertising strategy.

Design customer satisfaction evaluation processes and quality assurance measurements.

Evaluate marketing research tools involved in the marketing process.

Use technology and information resources to research issues in marketing management.

Write clearly and concisely about marketing management using proper writing mechanics.

CONTENT:
Lint Clothing Limited Company`s Branding, Pricing, and Distribution StrategyNameAffiliationExecutive summaryLint Clothing Limited Company was founded in 2010, by three college friends namely; Mark Anthony, Anna Cain and Andy West. The trio had started working after leaving campus but two of them had to quit so that they could concentrate on building their company. The three friends developed a business plan, where they targeted joining the clothing industry specifically with respect to outdoor clothing with a universal appeal. They all had a strong passion for outdoor sports and regularly participated. As such the business plan was quite natural for them and this gave them great focus. The product line for the company is quite explicit of their passion. The main products; include baseball caps, cotton t-shirts, vests, fleece jackets, scuffs and sweaters. The company specializes in outdoor clothing for persons that love venturing into nature and the sports associated. The company targets clients that enjoy their time outside and those that are professionals in the fields of mountain climbing, bicycling, horse-riding, camping, kayaking, skating and skiing. The clothing comes in different colors for the customers to choose from and at the same time there are women wear, men wear and unisex wear. This is part of the marketing plan that the company is going to implement in the next five years as it expands within the local market and the new American market (Easey, 2009). As part of the expansion plans, the company is going to establish a manufacturing plant in California at the cost of $3 billion dollars. It is also going to establish twenty more chain stores, five of which will be within England and the rest in California. These will set the company back some $1billion dollars. The company also plans to launch a company website in California to assist its clients; this will also be linked to the social media websites (Richter, 2012). To encourage more potential customers to participate in outdoor activities, the company will also launch promotional campaigns in the form of competitions and conservational activities (Lacobucci, 2014).CompetitionThe competition in the industry is quite high and the company will facing off with some of the top brands. In both countries, outdoors activities are quite common and there have been companies that have taken much of the niche. Some of the main brands in the United Kingdom include; Berghaus, Higear, North Ridge, Regatta and Rab among many others. In America the company will be competing with well-established companies such as The North Face, Black Diamond, Prana, Marmot, Volcom, Oakley and Dakine among others. All these competitors can be categorized as inter-competitors as they are dealing different brands and which have been differentiated from each other. It means that consumers would be willing to pay a higher price for a specific brand. In this market intends to behave like a price follower where it wil...


0% Plagiarism Guaranteed & Custom Written, Tailored to your instructions


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

UK Registered Company # 11483120


100% Pass Guarantee

Order Now

STILL NOT CONVINCED?

We've produced some samples of what you can expect from our Academic Writing Service - these are created by our writers to show you the kind of high-quality work you'll receive. Take a look for yourself!

View Our Samples

corona virus stop
FLAT 25% OFF ON EVERY ORDER.Use "FLAT25" as your promo code during checkout