Cool Cars - Cafav Family Car Marketing Plan Report
Ahlam El-Youssef 110064458
Table of Contents
Executive summary
Table of Contents
Corporate strategic focus (Monday)
Mission and vision
Corporate goals and Objectives
Financial and non-financial
Core competencies
Situation analysis (Monday)
Industry analysis
Customer analysis
Competitor analysis
Company analysis
SWOT analysis
Marketing program (Tuesday)
Product strategy
Communications strategy
Distribution strategy
Organisation resources
Note: determine how we will get there – decisions you make and actions you will take for the future)
Financial Data and Projections (Wednesday)
Past sales revenue
Five year projections for Periods 6 to 10
- Sales
- Product Contribution Margin
Implementation Plan and Contingencies (Thursday)
Timeline
Contingency plans
Awareness continually upgrading
Appendix
Situation analysis
Determine where we are now:
Cool Cars is the fourth largest automobile company, with revenue
Historical pat
• Analyse and evulate the results from past decisions periods 1 to 5
• Systemically finding ideas in the patterns that have become evident over time and applying them: what happened (look for historial patterns)
Sitting smart objectives
- Deicide where want to go (for future periods 6 to 10)
Marketing program
- Determine how we will get there (decisions you make and action you take for the future)
Measurement
- What has happened vs what was planned to happen: gaps between historical patterns and plans
- Implement and manage the plan (control, improvise, forecasts)
- Graphs and diagrams (data reduction) - Support content
Industry (Customers, competitors, dealerships). (3pages) 1500 words
- Solid figures – how important product is
Important economy trends:
- Period 5 – GDP Growth dropped from 2.5% to -1.5% - at the same time gas prices went up from $3.5 to $4.90.
- Inflation -> dropped (P 1,2,3) when prices fall because the supply of goods is higher than the demand of goods. (systematic pattern) - (gone up and remained constant Period 4 and period 5 but there’s an incline future period)
- Resulted in all car sales going down.
the overall macro-environment (industry news and economic outlook) situation
- Technological
- Economic
- Ecological
- Social
http://freepestelanalysis.com/pestel-analysis-of-automobile-industry/
- Macro environment -> what are the main trends that may affect your industry?
- What is the impact of the trend?
- When is the estimated period of impact and over what timeframe?
- How urgently must the organisation respond to the trend?
- Does the organisation have resources to respond to the trend?
- Political, economic, social and technological
Porters 5 Forces (lecture 4)
- Product life cycle
- Include economic forecasts for duration of the MP
- What does this mean for my product?
- Assess key markets for your product and analyse corporate resources accordingly.
Company (my product or our company’s product range)
- How well does your product align with the corporate strategic focus (section 2)
- Where is your product situated within the company’s product portfolio?
- Product contribution
- Boston consulting group matrix
Competitors
- Firm B – Boffo
- How well are they meeting customers’ needs
- What has not yet been considered so far?
- What do you think your competition will do next?
Customers
- How well does your product meet customer needs?
- Important
- How is your customers
- Who do we serve?
- Sales by micro segment -> primary and secondary customers (put graph)
Porters 5 forces -> threat new entry -> new entry vehicle target my microsegment, threat of substitute new competitors (new vehicles) – microsegment we currently serve
Bargaining power – price sensitivity (what they want in a car, meeting those needs)
Bargaining power of suppliers -> (i.e. dealerships we own them).
SWOT Analysis
Internal External
Strengths
Opportunities
Weaknesses
Threats