SIU Nutraceuticals Essay
Description
Nutraceuticals – Atlanta, GA.
- Title pagedominated by the name of the projectthe name of the client organization, the name of the research firm, and the date of the report.
- Table of Contentsshould not exceed one page and should list the major sections of the report with the page numbers.
- The Executive Summary (*)is the most difficult part of the report to writemust be succinctcover the key findings and any recommendations that flow from the findings. Should be 2-4 pages maximum, yet many researchers find it difficult to summarize all of the findings into such a small space.
- Backgroundsets the context for the research and addresses such things as the overall goal of your Marketing Plan and the decisions that need to be made, the companys strengths and weaknesses regarding the main goal to be reached.
- Situation Analysis
Macro-Level External Environment
Political and Legal
Sociocultural
Technological
Economic
Competitive Environment
The threat of New Entrants
Rivalry among Existing Firms
The threat of Substitute Products
Bargaining Power of Buyers
Bargaining Power of Suppliers
Internal Environment
Firm Structure
Firm Culture
Firm Resources
SWOT Analysis > List and explain no less than five (5) SWOTs. Furthermore, based on the SWOT analysis, list and explain no less than three (3) SOs, WOs, STs, and WTs as follows:
SO Based Strategies
WO Based Strategies
ST Based Strategies
WT Based Strategies
6. Market Research
Detailed and supported findings
7. Marketing Goals and Objectives
Goals
Objectives
8. Marketing Strategies
Mission, Vision, Values
Product-Market Combinations
Market Segmentation, Target Marketing, Positioning
Segmentation-detailed and supported explanation of your segmented market.
Target Marketing-detailed and supported explanation of your target market (by default the demographic segment is ‘Hispanic’ and the geographic segment has been already assigned to you or your group).
Positioning-detailed and supported explanation of how you are positioning your product within your target market.
9. Marketing Mix Strategies
Product/Branding Strategies- Detailed description of your product(s) that must be a) all 100% natural, b) all 100% organic (non-GMO), c) all 100% vegan (non-animal product), d) all 100% gluten-free, and e) all 100% toxin-free!
Also, your product(s) must include features such as a) high and fast Absorption and Bioavailability (close to 90%-95%), b) high purity and potency, and c) high concentration.
Both, 1) CBDs (Cannabidiols) and 2) CBNs(Cannabinols) must contain THC with levels of < 0.3%, must be ‘Non-Psychoactive,’ and must be derived from Hemp (a ‘cannabis’ plant with high levels of CBD but low levels of THC) not from the
Moreover, all products must include: 1) a Certificate of Analysis (also known as a COA) and 2) Third-party laboratory reports backed by studies performed by American and European universities and research institutes to support your claims.
Pricing Strategies- 1) CBDs $##/10 ml and 30 ml? – 2) CBNs $##/10 ml and 30 ml? – 3) Nutraceuticals (Vitamins and Supplements) $##/10 ml and 30 ml?
Supply Chain Strategies- must be focused on a ‘non-virtual’ ‘non-Internet’ delivery but ‘traditional’ face-to-face store.
Promotional Strategies- be creative!
10. Implementation
Marketing Action Plan for Initial Launch
Monthly Sales Forecast to End of First Year
First-Year Budget
Marketing Control and Metrics
Objective 1
Objective 2
Objective 3
11. Contingency Planning
Marketing Action Plan for Initial Launch
Product and Service Strategies
- Conclusions
Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."