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write up a report answering the questions using the subject material attached. it must be a business plan for the plant, the old needle factory and how to use it, present a plan to possible investors.

Date Posted: 18/10/2021
Category: Business
Due Date: 22/10/2021
Instruction
Target Market and Market • Primary target market • Secondary TM • Describe both above using: o Demographics o Psychographics o Behavioral (purchase) o Other target market segment variables (regionality, seasonality, attitudes, etc.) • How will you segment the market? • Write a description of your customer in story form (describe a day in the life of your customer to bring them to life) • Current buying behavior (how many do they buy, how often? • What price are they paying per unit (or range of prices) • Will the target prefer my product vs. alternatives? • What market segments will you target and why? (rationalize with data and facts) • What is the market potential for your product in terms of annual customers based on the customer data you uncovered in the competitive analysis and based on your research into your target markets? (we will build sales estimates later once costs and pricing is determined) Tools: SWOT Link: https://www.strategicmanagementinsight.com/tools/swot-analysis-how-to-do-it.html PEST Link: https://www.strategicmanagementinsight.com/tools/pest-pestel-analysis.html Part 2 – Marketing – 4 P’s Product • What is the product you are offering? • What is your initial product mix? Place (Distribution) • Distribution objectives (be specific using SMART Goals) • Draw channel Flow • Direct or indirect? • Who are your channel partners in the chain? • What is the timing sequence of each channel partner (draw a timeline and provide a description of channel roles by partner and timing • What target market(s) are served by each channel partner Price • What is your pricing objective and why? (Be specific/SMART) • What pricing strategy will you use and why? (Cost/Competitive/Customer/Strategy) • What specific pricing tactics will you use to launch your product – by target market and channel? Why? • What is your product pricing and outline your price and tactics for 1-3 pricing tactics from introduction to year three. Promotion • How will you position the product? (use the 5 box tool) Must be strong rationale based on your research • What is your positioning statement? • How will you be positioned vs. key competitors? • Who are your primary and secondary target market(s) you plan to reach with promotions? • What are your promotion objectives? (SMART) • Outline the promotion mix and provide rationale for each element? (Advertising mix, consumer and trade promotion, sales) • If you plan to have sales as a part of the mix, detail how this will work –what is your specific plan of action for sales? • Build a flow chart showing timing for each stage of your communication objectives and strategies (Awareness/Interest/Desire/Action) AIDA • Budget breakdown by promotion mix elements
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  • it is the same assignment you did before just he wants you to focus more on the business plan for the plant, the old needle factory and how to use it, present a plan to possible investors.
    User_14756 | Oct 18, 2021, 09:53 AM
  • That is clear
    Thetutor | Oct 18, 2021, 10:06 AM
  • It just needs to be updated I do not need the whole report written again
    User_14756 | Oct 20, 2021, 09:53 AM
  • it still requires alot to be added
    Thetutor | Oct 20, 2021, 09:57 AM
  • But you are charging more this time then last time
    User_14756 | Oct 20, 2021, 10:04 AM
  • 30 should be ok
    Thetutor | Oct 20, 2021, 10:05 AM
  • 25 like last time
    User_14756 | Oct 20, 2021, 10:06 AM
  • Alright
    Thetutor | Oct 20, 2021, 10:08 AM
  • Hello, the assignment is ready as promised; kindly review it, make the payment and recommend me in the site. Let me know when you have a new assignment. Thank you
    Thetutor | Oct 21, 2021, 16:58 PM
  • it must be a business plan for the plant, the old needle factory and how to use it, present a plan to possible investors.
    User_14756 | Oct 22, 2021, 06:28 AM
  • hello; you had informed me it is a continuation of the previous plan
    Thetutor | Oct 22, 2021, 06:30 AM
  • That is what i did
    Thetutor | Oct 22, 2021, 06:32 AM
  • maybe i just need to add how to use it and the plan
    Thetutor | Oct 22, 2021, 06:32 AM
  • yes
    User_14756 | Oct 23, 2021, 04:16 AM
  • The business plan is always for the business idea (wood reuse). The old needle factory is just the location of the business. An investor is interested with understanding the problem you're solving, business structure, competition, marketing plan and financial projection. All that I have done so far.
    Thetutor | Oct 23, 2021, 13:13 PM
  • hello friend
    Thetutor | Oct 23, 2021, 13:14 PM
  • Hello friend, please release the funds for this task. Thank you
    Thetutor | Oct 29, 2021, 05:55 AM
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SolutionASAP 5 years ago
Rated 8.96 earned 13184.04 around 380 assignments.
Hello friend. I can work on this task and deliver within the deadline provided. Kindly accept my bid
$15.00
  • Am ready to work on your project . Please assign me. Let me, check and start my work.
    SolutionASAP | Oct 19, 2021, 11:14 AM
  • I have gone through your assignment instructions will deliver quality work within the proposed deadline. Kindly my bid.
    SolutionASAP | Oct 19, 2021, 11:19 AM
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profjoseph 5 years ago
Rated 9.35 earned 54209.38 around 1733 assignments.
I'm available to start working on it Immediately. Kindly assign it.Thank you
$21.00
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harvardtutor 5 years ago
Rated 8.93 earned 38096.91 around 1156 assignments.
Hello friend and thanks for the job invite I'm a quality-driven writer with special technical skills and vast experience in the field. A plagiarism-free paper and impeccable quality content is what I deliver. Timely delivery and originality are guaranteed. Kindly Assign the task for an A grade .Thank you
$20.00
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DrRichWhite 5 years ago
Rated 9.55 earned 3836.81 around 141 assignments.
hello, please assign this to me and be assured of quality work which will be delivered in time. I guarantee you 100% satisfactory work ,proper formatted with NO PLAGIARISM. Thanks in advance.
$50.00
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Qualityassignments 5 years ago
Rated 9.29 earned 11099.08 around 305 assignments.
Hello friend and thanks for the job invite I'm a quality-driven writer with special technical skills and vast experience in the field. A plagiarism-free paper and impeccable quality content is what I deliver. Timely delivery and originality are guaranteed. Kindly Assign the task for an A grade .Thank you
$30.00
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dengat 5 years ago
Rated 9.49 earned 16952.61 around 578 assignments.
Hi need an expert to handle your assignment? I am here and ready to handle it kindly hire me
$50.00
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Prof1990 5 years ago
Rated 9.52 earned 54173.81 around 1786 assignments.
Five reasons why you should let me write your paper. 1. 100% original 2. In line with your instructions 3. Perfectly referenced 4. Delivered on time 5. Plagiarism report provided
$25.00
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phoniextutor 5 years ago
Rated 8.98 earned 50856.21 around 1767 assignments.
Hi I promise to deliver a quality and top-notch paper, free from plagiarism, within the shortest time possible (ASAP) . Please consider me for the job. Thank you.
$25.00
  • Hi I promise to deliver a quality and top-notch paper, free from plagiarism, within the shortest time possible (ASAP) . Please consider me for the job. Thank you.
    phoniextutor | Oct 18, 2021, 06:48 AM
  • Hi I promise to deliver a quality and top-notch paper, free from plagiarism, within the shortest time possible (ASAP) . Please consider me for the job. Thank you.
    phoniextutor | Oct 18, 2021, 06:48 AM
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jorammusiko 5 years ago
Rated 9.6 earned 14414.72 around 314 assignments.
Hello friend, I'm a quality-driven writer with special technical skills and vast experience in BUSINESS A plagiarism-free paper and impeccable quality content is what I deliver. Timely delivery and originality are guaranteed. Kindly allow me to do this paper for you and I guarantee you a quality paper and good grades
$30.00
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aggrey 5 years ago
Rated 9.47 earned 33434.92 around 816 assignments.
Hey! I can work on this task asap or help you with the remaining part your class. Hit me up.
$15.00
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