Tuesday, May 12, 2020
Marketing plan Essay - 1269 Words
1. Background Innisfree is a natural brand that shares the benefits of nature from the pristine island of Jeju allowing for vibrant beauty and pursues an eco-friendly green life to preserve the balance of nature. Innisfreeââ¬â¢s snail mask, which is our new product, is this marketing planââ¬â¢s character. Snail Mask is very popular and its market growth is stable because snail mask is very useful to protect and repair the skin. Our target market is the middle class and the reaches of customers are both female and male. Also, age distribution is about 21 to50 years old. Besides, the competition of the marketing is come from different countries such as Etude house, Nature republic in Korea, Shu uemura Shiseido in Japan and Lancà ´me, Estee lauderâ⬠¦show more contentâ⬠¦People in Hong Kong have a requirement of high quality skin care product .They have confidence of the Korea brand and easy to build brand image and loyalty. Furthermore, no matter male or female, they maintain their skin by using skin care products. So we choose the target customer in Hong Kong as the product is relatively easy to enter the market and help company to earn profit. On the contrary, we do not choose the target customer in China. It is because we hope the snail can first try the temperature of a smaller market. 6. Promotion tools Advertising Endorser Invite Korean popular idols - Kang Gary and Song ji hyo. They play as Monday couple of running man which is the popular TV program in Korea and Hong Kong. As our product is suitable for both male and female, our promotion firstly focus on couplesââ¬â¢ market of Hong Kong. Their coupleââ¬â¢s images are suitable for promoting our product. We will ask them to come to Hong Kong to promote the snail mask. Mtr Station and Bus stop Set a poster at the light box of mtr station and bus stop. Transportation can easily contact with target market, because there are strong flows of people at each public transport confluence, The probability of contacting target customer will be increase. Facebook Because facebook is the most popular social website in the world, the number of users accounted for 16% of the world, at Hong Kong it hasShow MoreRelatedA Marketing Plan For A New Marketing Strategy966 Words à |à 4 Pagesthe governmental legal requirements and, on the other hand, defines the organizationââ¬â¢s policy administration. For a triumphant marketing plan, understanding the government legal approaches allows for efficient operation and inter-relationship with other organization. Similarly, internal legal policies allow the company to uphold its operation in a set manner. 4.0: Marketing Audit A market audit process is a tool that can never be neglected despite the situation. 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