Preview

Marketing Plan

Better Essays
Open Document
Open Document
3125 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Plan
Marketing Plan of Mojo

Executive summary: This project is about a whole marketing plan of a particular cola brand, Mojo. It is brand of Akij Food and Beverage Ltd., a sister concern of prominent group of companies of Bangladesh, Akij Group. In the year 2007 Mojo was the market challenger in Bangladeshi cola market with a sales of about 52 cores BDT. The brand was launched in 14th April, 2005 targeting the youth of Bangladesh who like the Bangladeshi trends. All those years Mojo is doing satisfactory in the market place and competing well with RC Cola. People prefer Mojo’s pricing but it has to improve its image in status and quality issues to survive in the market. However, still now Mojo has the chance to recover its own position because target customers (according to the survey result) are potential and have not constructed their belief structure for Mojo. For some particular aspects of marketing plan such as product development, marketing strategy, concept development, segmentation, market evaluation, promotion, consumer behavior analysis and SWOT analysis etc, this project or research has found out some drawbacks and recommended some affective strategies to recover those issues successfully.

Table of Content

1. Executive Summary…………………………………………………0 2. Current market situation…………………………………..……….2 3. Opportunities and threats…………………………………………..5 4. Objectives……………………………………………………….…...6 5. Marketing strategies…………………………………………….….7 6. Action program……………………………………………………..11 7. Budget……………………………………………………………….12 8. Control……………………………………………….……………...12 9. References……………………………………………………….......14

2. Current market situation:
The brand was launched in 14th April, 2005 targeting the youth of Bangladesh who like the Bangladeshi trends. All those years Mojo is doing satisfactory in the market place and competing well with RC Cola. On the basis of 4P’s (Product, Price, Place and Promotion) analysis of Marketing Mix we



References: * www.google.com * www.wikipedia.org * www.studymode.com * www.mojomarketplan.com * www.akijgroupmojo.blogspot.com * www.scribd.com * masteringmultimedia.wordpress.com

You May Also Find These Documents Helpful

  • Powerful Essays

    Marketing Plan

    • 1799 Words
    • 8 Pages

    Description: TODO’s is an errand running service for working parents, handicapped, or the elderly. We can perform any errand, most of the time, for a reasonable price. Our first priority is customer satisfaction.…

    • 1799 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Marketing Plan

    • 1547 Words
    • 7 Pages

    My plan is to build specialized and customizable wagons and wheel barrows for decorative use. They can be used as gift baskets, or pieces for landscaping. The product is a new and neat idea for anyone attending a baby shower or a child’s birthday party. Because the product can be customizable by color and writing, the customer will have a many options to make their wagon or wheel barrow personal and special to them.…

    • 1547 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Marketing Plan

    • 1451 Words
    • 6 Pages

    PetSmart is one of the largest specialty pet retailers of service and solutions for the lifetime of pets. More than 1008 stores are open in the United States and Canada that provide pet foods and supplies that are priced reasonably. PetSmart provides all types of services for pets including pet training, pet grooming, pet boarding and adoption services. In addition to providing impressive value PetSmart has the broadest, deepest product range in the industry, including thousands of products exclusive only to PetSmart. Every year PetSmart takes care of the grooming for hundreds of thousands of pets in what PetSmart calls its PetSmart Salons. These animals are groomed and pampered by stylist who have had years and years of training and must complete a very informative PetSmart safety certification process. According to the PetSmart (2008), “grooming is not just about having a fabulous do it is also about keeping pets happy and healthy with services including nail trimming, ear cleaning and teeth brushing.”…

    • 1451 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Marketing Plan

    • 2255 Words
    • 10 Pages

    Lyssa’s Learners was founded by Melissa Franklin-Gray. Lyssa’s Learners is founded on the belief that the students who most need additional help in learning math are those at the remedial level, and not those who already excel and have parents who push them to excel further. We believe that middle school and high school are the most important times to offer this additional help, while it can still impact a teen’s ability to graduate, attend college, and succeed in a career.…

    • 2255 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Coke Zero

    • 666 Words
    • 3 Pages

    Coca- cola is a global megabrand whose main products are soft drinks. With globalization that has triggered fierce competition, this firm, Coca-Cola faces intense competition hence it has to increase its market share by introducing new products while altering the different compositions of its present brand. More so, the clients are becoming more concerned about their health hence opting for a healthy lifestyle which Coca-Cola has to consider. These threats have made the firm to carry out extensive research and development about its products in the existing market. According to the case study, the diet coke target market was men interested in losing weight since diet coke did not have all the calories in the regular coke. Diet coke was a Coca- Cola brand that mainly targeted the young men who were switching from diet that looked more feminine due to the inclusion of the word diet. The coca-cola blak plus, a sweeter version of diet coke fortified with vitamins and minerals, was introduced in 2007 and the target market was consumers who were concerned about their nutrition. The consumers targeted by coca-cola blak were the more complex older generation who are willing to spend more on this product, a cola with coffee essence, while full throttle blue demon targeted the Hispanic men (case study).…

    • 666 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Marketing Plan

    • 813 Words
    • 4 Pages

    Strength + WEAKNESS  Internal Analysis = (resource analysis (financial, human, capital, raw material and products), skill analysis…)…

    • 813 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    We are grateful to you for giving us the chance to work on this case study.…

    • 3244 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Research on British Airline

    • 4010 Words
    • 13 Pages

    17) Scribd.com, (2014). 0601081 Promotional Strategies of Pepsi in Muzzafarpur. [online] Available at: http://www.scribd.com/doc/66801177/7/A-THEORETICAL-FRAMEWORK-OF-PROMOTIONAL-STRATEGIES [Accessed 15 Apr. 2014].…

    • 4010 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Marketing Plan

    • 2221 Words
    • 9 Pages

    The “Classroom” concept will consist of those who visit store front locations whom will comprise of off-the-street customers or teachers who desire a location to meet a need in a community. Historically, store front locations offer only teacher supply, a conduit for teacher ordering difficult to get materials. This would be a basis to draw a segment of the population into similar settings, such as public school classrooms.…

    • 2221 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Marketing Plan

    • 885 Words
    • 4 Pages

    How is building a brand in a business-to-business context different from doing so in the consumer market? When one first thinks of this one probably think about loyalty. Loyalty means consumer choses to use again and again the same product, the same brand. Consumers who are loyal to a brand are not willing to change it with another competitor brand. The business market vs. the consumer market the difference may seem obvious but the two can’t be any more subtle. Dwyer and Tanner (2006) said that business market generally entails shorter and more direct channels of distribution and consumer aim is a large demographic group through mass media and retailer and it on a more personal level. Hutt and Speh (2001) stated that most business marketers commit only small portion of their budget to advertising. When setting up advertising to the consumer market they usually pull out all the stops.…

    • 885 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Marketing Plan

    • 1709 Words
    • 7 Pages

    Innovation is a very important aspect for operating a business. Developing new products and services can increase a company’s brand name, growth as well as revenue. The success for many established companies that remain in business for many years is due to providing the same product or service of satisfaction to their consumers based on traditional habits for managing their establishment. There are those companies that believe in keeping business to the basics, there are those companies that thrive off the risk of new ideas and ways to expand the organization overall. Some businesses will make a point to implement new developments that presents value and quality for their consumer markets, while in the meantime giving off an impressionable reputation of success for the business.…

    • 1709 Words
    • 7 Pages
    Better Essays
  • Good Essays

    While doing the Consumer Behavior course; our course instructor Ms. Kohinoor Biswas assigned us to do a term paper on the consumer behavior and marketing strategy of a product. Through a lottery our instructor gave us the topic “MOJO Cola” on which we have conducted our total term paper.…

    • 11798 Words
    • 48 Pages
    Good Essays
  • Powerful Essays

    Banyan Tree

    • 3382 Words
    • 10 Pages

    This report focuses on Banyan Tree Hotels and Resorts (BTHR) who will expand their business unit to China as a destination branding. To make this expansion sustainably and effectively, the hotel has to do research about market target, trends of the residents in particular regions, the main competitors. The market analysis will help marketers to understand consumers in more details like their ability to pay, their attitude about the products, and their preference of the particular groups of consumers. Moreover, the hotel has to know their brand personality that based on human personal traits according to Aaker’s brand personality framework. Besides, knowing its personality will help the marketers understand their brand image and brand position, as well as,…

    • 3382 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Pran

    • 914 Words
    • 4 Pages

    The objective of this study is to find out the marketing strategies of Pran launching an instant soup. We collected data, analyzed those data and got information and knowledge about the current market of Bangladeshi soup, currently Bangladeshi soup market is being dominated by two big brands. However these two brands are targeting the market broadly in an undifferentiated marketing strategy, therefore it will be wiser for Pran to target the market as far market segmentation. The marketing strategy of this brands have left a market gap, Pran can look into this gap and target this customers. Pran needs to position the marketing strategies in a way that the targeting customers find Pran Tastee Instant Soup better then the market offering. Pran needs to fix the locus of the product offer in the mind of target customer. In order to do so Pran needs to focus on marketing mix to get the right strategies for the right stage of product life cycle. Creating a superior Product taste, cheap priced, easy and quick to make, basically, a fun product that tastes great, comes cheap and can be made in 2 minutes. Pran has got a super distribution network therefore it will not be hard for Pran to supply its products right to the consumers. Pran prefers the indirect channel of distribution where there are two or more intermediaries, which has a strong relationship with the customers, so this will help Pran deliver a strong value for its instant soup. Initially pricing will be a vital factor as Bangladeshi markets are very sensitive to price, therefore it will be best to use penetration pricing at the launch and as the product gets more market share increase the price to maximize the profit. Pran needs to spend a lot of marketing budget on promotion especially during the initial stages of product life cycle. The major objective of the promotion will be to make customers familiar with the product and enhance their knowledge.…

    • 914 Words
    • 4 Pages
    Good Essays
  • Good Essays

    It is not to say that to so a successful business various various marketing mix tools plays an important role. Therefore, this report has depicted marketing mix related various Decisions of Danish Condensed Milk BD Ltd. The study is based on both primary and secondary data. The methods that were used to collect the primary data are discussion itch officials of Danish Condensed Milk BD Ltd., face to face with the clients. Secondary data are collected from various publications of Danish Condensed Milk BD Ltd. Product manuals of Danish Condensed Milk BD Ltd., Danish Condensed Milk BD Ltd’s website etc. Danish Condensed Milk BD Ltd. Has chosen publicity, advertising, And sales promotion tools the promotional mix to make a strong position in the highly competitive condensed market of Bangladesh.…

    • 8431 Words
    • 34 Pages
    Good Essays

Related Topics