Review of Initial Marketing Plan

 Attached is the Initial Marketing Plan:

Develop the initial outline of your

Complete Marketing Plan

.

1. What do you want to market?
2. What is your target market?
3. Where do you want to market your product?
4. Why do you want to market this product to that target market in that physical environment?

Submission Instructions:

• The paper is to be clear and concise and students will lose points for improper grammar, punctuation, and misspelling.
• The paper is to be one to two pages in length, current APA style, excluding the title, abstract and references page.
• No references required.
• Complete and submit the assignment by 11:59 PM ET on Sunday.
• Late work policies, expectations regarding proper citations, acceptable means of responding to peer feedback, and other expectations are at the discretion of the instructor.
• You can expect feedback from the instructor within 48 to 72 hours from the Sunday due date. Review of Initial Marketing Plan 

RunningHead: Outline of Marketing a Plan 1

Outline of Marketing Plan 2

OUTLINE OF A MARKETING PLAN

Student Name

Institution Affiliation

Date

Business Product: My Company markets designer bags in different colors to attract the target audience. My products will be made of locally produced raw materials.

Target Market: My target market will be youths worldwide driven by the need to acquire trendy, Luxury, and designer products. My business will also target sportspeople who are both male and female who use designer bags to put their playing kits. Additionally, my designer clothes will be creatively made where they will be able to suit a given culture targeting a particular cultural audience.

Place: I will market my products in Texas markets in the United States of America. I will have several stores in the area to stock my products.

Why Market my products in this physical environment

Firstly, Texas is among the U.S cities with many people from different countries. It is a place full of middle and first-social class individuals who tend to be expensive in their doings; hence it contributes a more significant percentage of the state’s revenue. Also, the United States of America is a politically stable state that favors many businesses, and justice has ever prevailed in the place. Thus, this aspect will impact my sales; hence, many people have resources and will be able to purchase my products. Another reason for locating my business is that it is well known as a city for Luxury. The site also hosts people from different cultures worldwide, where many of them are tourists who will purchase my products. Therefore, tourists will be able to buy my products to represent their cultures. Additionally, people living in the place tend to live a better life where they involve themselves in exercises hence will be able to buy the bags to put their costumes.