Preview

Marketing Planning Process of H&M

Powerful Essays
Open Document
Open Document
4115 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Planning Process of H&M
Contents Acknowledgements Introduction Methodology {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} Appendix Acknowledgements I would like to Thank Frances Smith and all the ladies at Invest Northern Ireland for all of their help and support throughout the process of this assignment. Their contribution has been truly appreciated. Introduction In order to understand the Marketing Planning Process it is important to first know what the term, Marketing Planning Process means. Market planning is “the process by which businesses analyse the environment and their capabilities, decide upon courses of marketing action and implement those decisions. (Jobber, 2006) It is also important to acknowledge the different stages and types of the process and which is best for the company. Methodology Information has been gathered from a wide range of sound and non-biased secondary resources. Statistical information, information on profitability of the company’s marketing environment has been sourced and analysed from sites such as Datamoniter, Mintel Oxygen, key Note and Lexis Nexus. Further Data and information has been sourced from electronic journals such as Emerald, business websites, respected newspapers and The H&M company website, from which this Marketing Planning Process will be based. Business and Marketing theories have been gathered from marketing gurus and scholars such as Jobber, Kotler and Porter. Primary research will also be gathered in the form of studying the local H&M stores. The Marketing Planning Process. Business Mission Marketing Audit SWOT Analysis Marketing Objectives Strategic Thrust Core Strategy Target Markets Marketing Mix

You May Also Find These Documents Helpful

  • Satisfactory Essays

    A marketing plan is a written document that outlines in great detail what the organisation hopes to accomplish by following the plan. The plan should have specific strategies when implemented and will help the organisation achieve its goals.…

    • 794 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Marketing plan is to offer or occupy endlessly in a business the desires and wants of customers to certify benefit from a lower cost structure and income. (Textbook)…

    • 1449 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    * Marketing intelligence: Systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketplace.…

    • 707 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    How does one decide what needs to go in a marketing plan? Where does one start? One has to know what makes up marketing. There is marketing tactics and marketing strategy. Strategy is where a firm tries to find ways to motivate, communicate with, and sell to a target market and tactics is the actual ways the strategy is executed. Therefore, the best place to start when setting up a marketing plan is the tactical approach.…

    • 896 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Unit 9 D1

    • 1327 Words
    • 6 Pages

    Explain the stages in the marketing planning process in particular with reference to marketing objectives, targets, monitoring, control and evaluation.…

    • 1327 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    FINANCE PROJECT 652

    • 1648 Words
    • 7 Pages

     A brief discussion on company products and the marketing strategies used (from company quarterly and annual publications and company websites).…

    • 1648 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Marketing research is important for all companies if they hope to be triumphed in their business ventures and Kudler Fine Foods is no different. Marketing research is “procedures that develop and analyze new information about a market. Marketing research may involve use of questionnaires, interviews with customers, experiments, and many other approaches” (Perreault, Cannon, & McCarthy, 2009, p. 202). Kudler Fine Foods must perform quality marketing research if they hope to be or remain successful with their current stores and to be successful with the new store they are hoping to open in Carlsbad, Ca.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    5) Wilson, R.M.S. Gilligan, Colin, ‘Strategic Marketing Management ‘, The Business Intelligence Providers, OCLC NetLibrary, Chapter 4, pg 119-131…

    • 3573 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Marketing planning is the plan that helps meeting goals and objectives within the plan of action, trying new things also evaluating the performance against marketing targets…

    • 709 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A well-developed marketing plan is an essential blueprint for a business to attain the prime financial support and consumer base it requires in order for it to develop and grow. A marketing plan’s detailed structure allows manager’s to define the business’ marketing strategies in clear and in-depth formats that feature a precise roadmap to future growth and expansion. A first class and properly structured marketing plan will guide the entire organization’s marketing actions and keep them focused and dedicated toward achieving the company 's overall goals and strategies.…

    • 2541 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Hyman, M. R., & Sierra, J.J. (2010). Marketing research kit for dummies. Wiley Publishing, Inc.…

    • 1742 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Marketing Plan

    • 3127 Words
    • 13 Pages

    In 1997 Leslaw Henryk Bidzinski started a small business dealing with herbal medicine. Leslaw is of Poland origin where herbal medicines are popularly used to cure many diseases and conditions. Leslaw himself was a cancer survivor having been treated using herbal medicines. This was his prime motivator towards starting the small business which he named “Herbs for everyone”. He has studied medicine and has improved his competence in herbal medicine through practice. The business was a sole proprietorship business dealing with contemporary medicines and also alternative medicines. The main reason why he decided to go sole was the fact that herbal medicines and remedies were not common in the place and he would have a hard time getting suitable partners (Jeynes, 2000).…

    • 3127 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    Marketing involves a total system of interacting activities designed to plan, price, promote and distribute products to present and potential customers. For a business to gain a clear picture of where the business is at present and where it could be in the future, a marketing plan acts as an important ‘road map’. A marketing plan provides purpose and direction to all of the business’s activities and is made up of six key elements: (i) situational analysis; (ii) market research; (iii) establishing marketing objectives; (iv) identifying target markets; (v) developing…

    • 767 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    P4 Market Research

    • 618 Words
    • 2 Pages

    Marketing planning is concerned with establishing objectives and goals, allocating resources to meet these setting out a clear plan of action. It also involves setting out ways of evaluating performance against marketing targets.…

    • 618 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Plan for Sonic

    • 6417 Words
    • 26 Pages

    The purpose of this marketing plan is to clearly identify the direction that we have decided to take in order to MARKET our business - to promote our business, attract and retain customers and exploit identified marketplace opportunities. The marketing planning process forces us to assess what is going on in your marketplace and how it affects our business.…

    • 6417 Words
    • 26 Pages
    Powerful Essays

Related Topics