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- Create a Marketing Plan for the next 3 Years
- 1) Executive summary – Overview of the situation
- 2) SWOT [Strengths, Weakness, Oppty, Threats] they face, internal and external.
- 3) Your recommendations – What should they do in terms of the 4 P’s and why? Consider the following:
- a. Start with understanding customer needs/wants into the future – are they changing? How so?
- b. Should they target new customer groups?
- c. Should they diversify or specialize?
- d. Use SWOT to convert opportunities to actions and mitigate threats
- e. Anticipate what competition will do over this same time frame
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