Submitted by: Submitted by dianabang
Views: 290
Words: 3275
Pages: 14
Category: Business and Industry
Date Submitted: 05/20/2013 01:51 PM
I. The marketing plan
To increase distribution of products specifically a newly expanded line, the Bosch Nexxt Laundry Care System that now includes five series: 100, 300, 500, 700 and Platinum to the Asia pacific Region. The system's large-capacity washers feature specially curved paddles for gentler tumbling and better water distribution. Each series includes unique fabric-care programs and models feature pull-away doors with 180-degree openings to allow for easy loading and unloading.
A. Marketing objectives
To increase market share from
To increase sales in Bahrain
1. Target market(s) (specific description of the market)
2. The kitchen appliances market reflects the sale of four product sectors: refrigeration appliances, which include fridges, freezers and fridge freezers; cooking appliances, which include cookers, microwaves, ovens, cooker hoods, food processors and toasters; washing appliances, which include washing machines, clothes dryers and washer dryers; and dishwashers
3. Sales forecast years 1-5
4. Profit forecast years 1-5
4. Market penetration and coverage
B. SWOT Analysis
1. Strengths
Leading manufacturer of major home appliances with product presence in over 130 countries.
Strong orientation towards research and customers development pave way to launch new products
Strong brand equity facilitate customer recall
Strong performance in emerging economies
2. Weaknesses
Damage of reputation and brand image due to product recalls
Lack of long term agreements with trade customers
3. Opportunities
Introduction of energy-efficient products likely to boost revenues and profits
Whirlpool to act as appliance partner of Shea Homes
Sponsorship agreements to improve brand recall
4. Threats
Volatile raw material cost
Intense competition leads to pricing pressures, thereby decreasing the company’s profitability
Environmental regulation
Strengths
Leading manufacturer of major...