Categories: Marketing

Blue Sky Clothing Marketing Plan to Achieve Strategic Objectives

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<h2 align&equals;"justify">Five year Marketing Plan &lpar;BLUE SKY CLOTHING&rpar;<&sol;h2>&NewLine;<p align&equals;"justify">• This plan will essentially condition the current method of practice of the businesses&period; <&sol;p>&NewLine;<p align&equals;"justify">• Although Blue Sky was launched only three years ago&comma; the business has shown a grand appeal of goods and research to prove that the sports-oriented customers and targeted sports retailers are keen on purchasing casual clothing&period; <&sol;p>&NewLine;<p align&equals;"justify">• The brand is interested in actually adding new product lines and also expanding the product range alongside&period; <&sol;p>&NewLine;<p align&equals;"justify">• Analyze the current situation&comma; and note the important findings&period; <&sol;p>&NewLine;<p align&equals;"justify">• Target new international audience&comma; and segment&period; Ask yourself a question&semi; are the audiences traditional&quest; Modern&quest; Creative&quest; Introverted&quest; Leaders&quest; Followers&quest; Are they innovative&quest; As we find the answer to these questions&comma; we can describe our target audience&period; <&sol;p>&NewLine;<p align&equals;"justify">• In addition to the appeal to the audience&comma; the aim is to explore the true success of online sales and to operate an online platform&period; The marketing department is planning on exploring high-quality goods in a few specific departments&period; The main categories include Business&comma; casual&comma; trendy&comma; symbolic&comma; and colorful clothing&period; <&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p align&equals;"justify">• The benefits of an international audience are achieved with the expanding of clothing type&period;<&sol;p>&NewLine;<p align&equals;"justify">• In the next 5 years&comma; Blue Sky Company will facilitate&comma; supply&comma; and introduce new goods to the many new and old customers&period;<&sol;p>&NewLine;<p align&equals;"justify">• Communication&colon; Communication with the audiences is very important in any case&period; The end-result of all the hard work is to communicate immensely with the audiences&period; &NewLine;<&sol;p>&NewLine;<h2 align&equals;"justify">Discuss How the Plan Supports Strategic Objectives<&sol;h2>&NewLine;<p align&equals;"justify">To present&comma; the situation for Blue Sky is a tremendous opportunity&period; The business will have to go through many challenges&comma; and the leaders are confident that they can conquer every conquest ahead&period; To describe a SWOT examination of the firm will be led by the marketers&period;&nbsp&semi; The SWOT analysis is used to identify the Strengths&comma; Opportunities Weaknesses&comma; &amp&semi; Threats of Blue Sky Company&period; The SWOT analysis provides a thumbnail sketch of the business&&num;8217&semi;s position in the marketplace&period; Blue Sky has an impressive power or captivating the entire market&period; In just three years it has advanced&period; While looking for new opportunities&comma; it has developed its brand to a great extent&period; On the other hand&comma; the developing sum of brand-loyal consumers&comma; &amp&semi; right areas of the business financial management have been in a real situation to improve&period; However&comma; as Blue Sky considers expanding its line of goods and entering new marketplaces&comma; it will protect the business from marketing narrowness &lpar;that recognize the scale of its activities&rpar; and quality of derailments&nbsp&semi; &lpar;McDonald&comma; 2000&rpar;&period; While the company confirms plans for expanded sales &amp&semi; new goods over the internet&comma; we must take into account the competitors&&num;8217&semi; actions&period;&NewLine;<&sol;p>&NewLine;<h2 align&equals;"justify">Approach to Gain Agreement for the Marketing Plan to Achieve Strategic Objectives<&sol;h2>&NewLine;<p align&equals;"justify">&NewLine;An important piece of information is as such&colon; Customers prefer to opt for reasonably priced products&comma; as they change their clothing now and then&period; For this reason&comma; expensive clothing is not bought by the lower&comma; and middle class&comma; and only by the elite&period; When mass producing products&comma; the aim is for to be very reasonable and around 70&percnt; of the customers opt to buy decently priced clothing- Bly Sky&period; We can also see an uprising trend towards health conscious and caring individuals&comma; who care for the environmental benefits too&period; The relation with the philosophical and psychological branding of Blue Sky will affect the sales&period; For this reason&comma; there is a social responsibility program&period; There is an aim for the products&comma; consumers between the age of 21-45&comma; to target the following products&semi; Hiking&comma; climbing&comma; cycling&comma; skating&comma; surfing&comma; horseback riding&comma; in-line skating&comma; snowboarding or skiing&comma; kayaks &amp&semi; other such activities’ clothing&period; Quite simple&comma; these people want to &OpenCurlyDoubleQuote;play outside&comma;” and they were not professionals at their activities&comma; however&comma; they entertained the outdoor environment &lpar;Mintel&comma; 2005&rpar;&period; These energetic customers represent a population of cultured &amp&semi; confident individuals&period; Notwithstanding their relaxed incomes&comma; these consumers are price cognizant &amp&semi; reliably strive for the value of their purchases &lpar;Müller&comma; et al&period;&comma; 2006&rpar;&period; Regardless of age &lpar;irrespective of whether they fall within the upper or lower end of the target range&rpar;&comma; lead an active lifestyle&period; They are a little status-oriented&comma; but not excessively&period; They are similar to be related to excellent products&comma; but they do not want to pay a higher price for a particular brand&period; Blue Sky’s existing consumers tend to live in northern New England&comma; Southern California and the Northwest&period;&semi; an ultimate objective is to aim customers in the US Mid-Atlantic &amp&semi; Southwest&period; With the application of more strategies&comma; it will target at a wider range of audiences&period;&NewLine;<&sol;p>&NewLine;<h2 align&equals;"justify">Critically Evaluate and Provide Review Measures for the Agreed plan<&sol;h2>&NewLine;<p align&equals;"justify">Blue Sky has been planning to enlarge its product portfolio to include tailored clothing&period; Consumers could choose to say a symbol that represents their game shine up&period; Then&comma; add a slogan to the logo&comma; for example&comma; match &&num;8220&semi;get over it&period;&&num;8221&semi; A baseball cap with a cyclist could bring the slogan &&num;8220&semi;Take a Spin&period;&&num;8221&semi; In the first ten new logo &amp&semi; five new slogans&semi; more will be added later&period; Eventually&comma; a sum of slogans &amp&semi; logos is retired &amp&semi; newly introduced&period; This approach will keep the concept fresh &amp&semi; to prevent it from being diluted by many variations&period; The additional technique to Blue Sky is planning to develop its proposing product elements of lightweight luggage two sizes Duffel bags&comma; two colors tote bag &amp&semi; a daypack&period; These elements moreover have the trendy colors for a reason&comma; with a selection of logos &amp&semi; slogans&period; Blue Sky will focus on expanding retail specialty stores across the country&comma; focusing on the next Mid-Atlantic &amp&semi; Southwest Regions&period; The business has not yet determined whether it is worthwhile to sell through large national chains because these stores could be considered competitors&period;&lpar; Nakamura&comma; 2008&rpar;<&sol;p>&NewLine;<p align&equals;"justify">Blue Sky is planning to enlarge online virtual deals by suggesting modified manufactured goods over the Internet so that the difference between the burning of the Internet &amp&semi; special promotions shipping&period; In the end&comma; perhaps the Internet stalls into some of the extra beneficial outlet warehouses&comma; so customers might demand &amp&semi; modify their goods to establish a trade&period; Irrespective of the growth strategies&comma; Blue Sky aims to switch &amp&semi; uphold durable relations with delivery station fellows fully&period; Blue Sky connects with customers &amp&semi; stores for their goods in changed ways&period; About Blue Sky Business &amp&semi; its goods available on the Internet&comma; complete email&comma; &amp&semi; in person&period; Advertising companies are moreover trying to differentiate its goods from competitors&period;&lpar; Office of Fair Trading 2006&rpar;<&sol;p>&NewLine;<p align&equals;"justify">The business is based on personal contact with dealers to establish goods in their stores&period; This contact&comma; either in person or over the phone&comma; helps to bring the Blue Sky a message to build the unique features of the goods and relationships&period; Representatives Blue Sky is visiting each store two or three times a year&comma; &amp&semi; provide training for retail property dealers or for those who want refresher course new products&period; For example&comma; distribution expands&comma; Blue Sky adapt o to respond to increased demand by adding suppliers to ensure that the stores are visited more often&period; Sales promotion &amp&semi; public relations&comma; which currently represent the most important part of the marketing strategy of the Blue Sky&period; As Blue Sky is moreover engaged in cause marketing throughout its contribution to environmental programs that have a good PR&period; Unusual marketing approaches that little money &amp&semi; a lot of resourcefulness needed but moreover fits perfectly blue sky&period; &lpar;HMSO&period; Seaton and Waterson &lpar;2013&rpar;<&sol;p>&NewLine;<p align&equals;"justify">Because Blue Sky is a small&comma; flexible organization&comma; the business could easily implement notions&comma; for example&comma; distributing free water skiers &amp&semi; off coupons for sporting events&period; The business plans in the next year to participate in marketing&colon;<&sol;p>&NewLine;<p align&equals;"justify">• Generate a Blue Sky Tour&comma; where numerous employees alternately driving distribute campsite of advertising stuff for example Blue Sky coupons &amp&semi; stickers<&sol;p>&NewLine;<p align&equals;"justify">• Take part in kayak races&comma; cycle races &amp&semi; competitions to our Blue Sky trucks climbing to water free&comma; coupons &amp&semi; stickers Blue Sky to distribute shirts or hats&period;<&sol;p>&NewLine;<p align&equals;"justify">• Order of participating retailers<&sol;p>&NewLine;<p align&equals;"justify">• Keep the competition&period;&lpar;Skrianka&comma; 2012&rpar;<&sol;p>&NewLine;<p align&equals;"justify">As mentioned earlier&comma; this plan is made as per the competitive price in mind&period; The Business is not involved in the high price luxury or prestige or signals those trying to make up for low prices by selling large quantities of products&period; Instead&comma; the value of the derived prices so that consumers are comfortable buying new clothes to replace the old&comma; even if it&&num;8217&semi;s just because of they similar to the new clothes&period; Strategically the pricing moreover makes Blue Sky products-good gifts for a birthday&comma; or &&num;8220&semi;just since&period;&&num;8221&semi;<&sol;p>&NewLine;<h2 align&equals;"justify">References<&sol;h2>&NewLine;<p align&equals;"justify">Levy&comma; D&period;&comma; H&period; Chen&comma; S&period; Ray&comma; and M&period; Bergen &lpar;2004&rpar;&period; &OpenCurlyDoubleQuote;Asymmetric Price Adjustment in the Small&colon; An Implication of Rational Inattention&comma;&&num;8221&semi; Discussion Paper 04-23&comma; Tjalling C&period; Koopmans Research Institute&comma; Universiteit Utrecht&period; <br &sol;>&NewLine;McDonald&comma; J&period; M&period; &lpar;2000&rpar;&period; &&num;8220&semi;Demand&comma; Information&comma; and Competition&colon; Why Do Food Prices Fall at Seasonal Demand Peaks&quest;” Journal of Industrial Economics&comma; 48&lpar;1&rpar;&comma; pp&period; 27–45&period; <br &sol;>&NewLine;McGoldrick&comma; P&period; J&period; &lpar;1990&rpar;&period; Retail marketing&period; London&colon; McGraw-Hill&period;<br &sol;>&NewLine;Mintel &lpar;2005&rpar;&period; Food Retailing — UK — November 2005&period; Mintel Group&comma; UK&period; <br &sol;>&NewLine;Müller&comma; G&period;&comma; M&period; Bergen&comma; S&period; Dutta and D&period; Levy &lpar;2006&rpar;&period; &OpenCurlyDoubleQuote;Private Label Price Rigidity During Holiday Periods&comma;” Applied Economics Letters&comma; 13&comma; pp&period; 57–62&period; <br &sol;>&NewLine;Mulhern&comma; F&period; J&period; &lpar;1997&rpar;&period; Retail marketing&colon; From distribution to integration&period; international journal of research in marketing&comma; 14&lpar;2&rpar;&comma; 103-124&period;<br &sol;>&NewLine;Nakamura&comma; E&period; &lpar;2008&rpar;&period; &OpenCurlyDoubleQuote;Pass-Through in Retail and Wholesale&period;” American Economic Review&comma; 98&lpar;2&rpar;&comma; pp&period; 230–237&period; <br &sol;>&NewLine;Nevo&comma; A&period; and K&period; Hatzitaskos &lpar;2005&rpar;&period; &OpenCurlyDoubleQuote;Why Does the Average Price of Tuna Fall During Lent&comma;” Working Paper <br &sol;>&NewLine;Omar&comma; O&period; &lpar;1999&rpar;&period; Retail marketing&period; London&colon; Financial Times Management&period;<br &sol;>&NewLine;Reiffen &lpar;2004&rpar;&period; &OpenCurlyDoubleQuote;Patterns of Retail Price Variation&comma;” RAND Journal of Economics&comma; 35&lpar;1&rpar;&comma; pp&period; 128–146&period; <br &sol;>&NewLine;Samli&comma; A&period; C&period; &lpar;1989&rpar;&period; Retail marketing strategy&colon; Planning&comma; implementation&comma; and control&period; New York&colon; Quorum Books&period;<br &sol;>&NewLine;Skrianka&comma; B&period; S&period; &lpar;2012&rpar;&period; &OpenCurlyDoubleQuote;The Geography of Grocery Demand in the UK&colon; An Evaluation of the 2003 Morrisons- Safeway Merger&comma;” Mimeo&comma; University of Chicago&comma; Harris School of Public Policy&period; <br &sol;>&NewLine;Verdict Research &lpar;2005&rpar;&period; Grocery Retailers 2006&comma; Verdict Research&comma; UK<&sol;p>&NewLine;<p align&equals;"justify">&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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