Marketing Plan Oatmeal - 3717 Words

Abstract A marketing plan incorporates many factors. Product, price, place, and promotion all need to be evaluated and researched and taken into account. The following is the marketing plan for a new oatmeal product. Marketing Plan: Oatmeal Introduction In marketing there are several parameters that can be managed in order to create a successful product line. The product, place, price, and promotion of a product line needs to meet the needs of a companys target base. The marketing plan for a new oatmeal product will evaluate all of these factors and create a strategy to promote sales and growth. Definition of Marketing Marketing is defined differently depending upon who is defining the word. In fact, even the American†¦show more content†¦Pricing is also a major factor in the competitive force (Kerin, et.al., 2011). Oatmeal is a product that doesnt warrant much research or consideration before its purchase. Therefore, unless consumers are convinced that one oatmeal product is worth paying more for than another, consumers may purchase the oatmeal with the lowest price. Companies need to be vigilant of this and keep their prices competitive; not so low that they are no longer profitable and high enough that the products quality is recognized. Advances in technology have touched just about every part of our daily lives. The consumers get their news, communicate with their friends and family, and spend their leisure time have all changed because of technology. In marketing, these changes should be viewed as an opportunity, not a threat. The amount of time adults are spending online is i ncreasing tremendously. Websites such as Google, Facebook, Twitter, LinkedIn, and You Tube, are advertising gems that could reach many target groups. Mobile apps are also becoming overwhelmingly popular, bringing about a new marketing opportunity. In fact, according to the analytics firm Flurry, users are spending 9% more time using mobile apps than they are browsing the internet (Rao, 2011). Flurrys June publication released the latest numbers, showing that users spend on average 74 minutes per day on the internet and 81 minutes per day using mobile apps (Rao, 2011). MobileShow MoreRelatedThe Distinctive Growth Tale of Starbucks4219 Words   |  17 Pagesof Starbucks 1.2 Strategic Deportment1.3 Starbuck as a Global Corporation 1.4 Impact on the international economy | 2. International Marketing Strategies of Starbucks Corporation2.1 Marketing Mix 2.2 SWOT Analysis 2.2.1 Internal Environment 2.2.2 External Environment2.3 International Marketing Strategies 2.4 Implication of marketing strategies On Starbucks Global success | 3. Role as a CEO of Starbucks 3.1 Problem identification 3.2 Solution to the problemRead MoreJamba Juice Marketing Plan Essay1436 Words   |  6 PagesDescription†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.......1 2. Strategic Focus and Plan†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..1 †¢ Mission statement and vision†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦1 †¢ Goals†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.1 †¢ Competitive Advantage†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..2 3. Situation Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..2 †¢ SWOT Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...2 †¢ Competitor Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...3 †¢ Customer Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 4. Market-Product Focus†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 †¢ Objectives of the Proposed Marketing Plan†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 †¢ Target Market Characterization†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreEssay about Financials On Coke Vs Pepsi1469 Words   |  6 Pagesbeverage industry, these products have helped the company to increase their exposure and position in the global market. This has not been the case for the Coca Cola Company; they have tried and have failed numerous times at expanding their product and marketing capabilities. Below is a list of key products offered by both Coca Cola and PepsiCo: PepsiCo Coca Cola Frito-Lay Brands Gatorade Brands Coca-Cola Brands Lays potato chips Gatorade Thirst Quencher AW Ruffles potato chips Gatorade Frost ThirstRead MoreExamining the Corporate Social Responsibility Claims of Kelloggs1715 Words   |  7 Pagesworld as although there are no official statistics available for the worldwide consumption of breakfast cereals, Key Note estimates that, over the 5 years to 2010, the market continued to grow. [pic] Consumption of Breakfast Cereals and Oatmeal and Oatmeal Products in the UK (grams per person per week), 1974, 1990, 2000, 2007-2009 (Keynote, 2011) [pic] Figure 9.1: Growth in the Total UK Breakfast Cereals Market by Value ( £m at rsp), 2006-2015 (Keynote, 2011) Kellogg Company ofRead MoreFinancials on Coke vs Pepsi1462 Words   |  6 Pagesbeverage industry, these products have helped the company to increase their exposure and position in the global market. This has not been the case for the Coca Cola Company; they have tried and have failed numerous times at expanding their product and marketing capabilities. Below is a list of key products offered by both Coca Cola and PepsiCo: PepsiCo Coca Cola Frito-Lay Brands Gatorade Brands Coca-Cola Brands Lay s potato chips Gatorade Thirst Quencher AW Ruffles potato chips Gatorade Frost ThirstRead MoreHrm587 Part 4- (Communicating the Change- Due Week 6 Essay1026 Words   |  5 Pagescomprised of international independent nutritional experts. With their ongoing guidance, we have been prepared a widespread promotional plan to incorporate nutritional awareness programs and encourage active lifestyles. Some of the changes you can expect to see in the upcoming months are: 1. Additional menu items such as fruits, vegetables, oatmeal, and yogurt offered in the U.S. 2. Over the course of the next 3 years, the Nutritional content of our menu items will be posted on ourRead MoreCoca Cola s Marketing Plan968 Words   |  4 Pagesprocess of the product is essential in Coca-Cola’s marketing plan. The process determines the capability of Coca-Cola’s product to supply the demand of the consumers. When the process is implemented within the marketing mix it will help determine how Coca -Cola promotes and delivers the value created. It also factors in on how the company wills education and supports their customer’s on an ongoing basis (â€Å"Marketing Mixes for Coca-Cola Marketing Essay†, 2013). Their process is considered to be transparentRead MoreMgt 498 Week 3 Environmental Scan Paper1112 Words   |  5 Pages(for the health conscious), and different variety of teas such as black tea, green tea, calm tea (herbal tea), and passion tea (herbal tea) just to name a few. Starbucks also sells pastries, sandwiches, yogurts parfaits, salads, fruit cups, and oatmeal. Of course they also make (which is what they are known for) the infamous Frappuccino. The internal environment of the Starbucks company is a representation of the general conditions, which affect their aptitude in executing a successful strategyRead MoreMgt 498 Week 3 Environmental Scan Paper1099 Words   |  5 Pages(for the health conscious), and different variety of teas such as black tea, green tea, calm tea (herbal tea), and passion tea (herbal tea) just to name a few. Starbucks also sells pastries, sandwiches, yogurts parfaits, salads, fruit cups, and oatmeal. Of course they also make (which is what they are known for) the infamous Frappuccino. The internal environment of the Starbucks company is a representation of the general conditions, which affect their aptitude in executing a successful strategyRead MoreDealing With Societal Trends : Mcdonald s Marketing Strategies1230 Words   |  5 Pages they have to deal with these issues by conducting market research that will help them be knowledgeable of the needs of the market. They also need to adjust their menu to suit the needs of the consumers. McDonald’s Marketing Strategies McDonald’s has developed a series of marketing strategies to meet is mission and challenges. One of them is its adaption to local preferences. Let’s take India as an example. â€Å"Many Indians are either Hindus or Muslims. The article â€Å"Etiquette in Indian Restaurant†