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The aim of this marketing plan is to introduce the new product, Karums, into the UK
market. The ideaof our business is to offer a healthy, guilt-free, tasty snack for the
children and parents segments. Thefollowing paper includes an introduction to the
company and the product in question. The product isnew for this market and has no direct
competitors, whereas we base our initial assumption thatthere is a profitable niche in the
dairy market. Therefore, in this marketing plan we analyse themarket situation in terms of
demographics, needs, growth, and future trends. In order to identify ourtarget market we
have used the survey method and analysed the data gathered in order todistinguish which
of the market segments to target. The survey was also intended to gatherquantitative data
to identify and capture needs of our target market. We have found that demandfor
healthier snacks exist, which is replacing the classic ones that have negative effects.
Based on thesecondary and primary market research we have developed a SWOT
analysis to grasp a better look atwhere the product would stand in terms of the market and
how we aim to use the strengths andopportunities to cast a shade on our threats and
weaknesses. In our marketing strategy andmarketing mix we explain in detail the actions
we wish to take in order to make this product asuccess. The marketing mix is also
intended to explain the product and its unique selling pointsclearly. By being the first
mover in the UK we will penetrate the market in building strong brandawareness and
expect to break even in a five-year period. We plan to have a two phase operationalplan,
phase one includes the simple importing of the product from Latvia and storing it in our
specialrefrigerated warehouse and then distributing it using our own refrigerated trucks to
authorizedretailers. The second phase is dependent on the success of phase one and it
constitutes theproduction of Karums locally. Local production would allow for more
capacity and a various selectionof products and flavours as opposed to the one flavour we
wish to focus on in phase one. Towardsthe end of the report is a description of the
product launch and all the strategic preparations we willtake before and during the actual
launch of Karums in the market. Also included is a budgetarybreakdown of all the
operational expenses and launch components including advertising materials.Last but not
least is a contingency plan divided into two parts depending on the obstacles of
eachphase. iii