4.Strategic Recommendations
Marketing Objectives
Become the leading brand at flower marketing in Bradford by 2022
Increase sales of special days by 30% by 2022 ( Valentine 's day )
Make online website by 2018, and expand to other social media ( Twitter )
Increase followers at Facebook to 2500 by December 2022
Marketing Controls
Collect and analyze customers ' feedback monthly to meet the general needs of the customer.
Gather customer data to analyze customer type and adjust target customer profile.
Collect monthly sales data to analyze shop operation and adjust the budget for communication campaign.
Evaluate monthly turnover and profit to monitor the total cost of the campaign.
Arrange focus group during the first month of the campaign
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(Council, 2017)
Therefore, main customer profile should be as following:
Customer Profile
Details
Age
20-50 years old
Gender
Men and women
Income level
Middle incomes class
Religious
All
Other (B2B)
Marriage Companies & Funeral Companies
Marketing Strategy
Although the amount of money UK people spending on flower and plant is increasing, only £28 has been spent on flowers per person per year. It follows that most people are not willing to spend loads of money on buying flowers. According to the finance situation of Bradford citizens whose incomes are lower compared to the Britain average one, the core strategy for the shop to follow should be the cost focus strategy of Porter 's Generic Strategies. With reality, the M&S in Broadway brings new threats to the business. The M&S 's fresh and high-quality bouquets may catch our loyalty customers attention. But as the cost focus strategy provides a greater margin for profit, the price would be much lower comparing with other stores selling flowers such as Sainsbury 's, Tesco and M&S. The price advantage we got could attract more customers. In reaching our expected target market of customers aged of 20-50, we will choose five marketing communication mix methods: Personal selling, Direct marketing, Merchandising, Sales promotion and Non-traditional media.
Marketing Communication Mix Decision
Personal Selling
In order to adjust the business appropriately, it is
Make a customer analysis and segment the market. What impact does your analysis have on the current business model of the company?
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3) Template: A report template has been provided on Moodle for this assignment. You will need to follow the template and discuss your marketing plan accordingly. However, if you need to add additional information, you can put it in Appendix. Do download and use accordingly.
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