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But this excitement soon came to an end due to the rising number of competitors in the market that are offering the same products with similar differentiation strategy. To overcome the troublesome time, Cupcake Central must focus highly on its strengths to transform the weaknesses into opportunities that could help in catering the needs of the customers accordingly.
Through integrated marketing communication, Cupcake Central is provided with an opportunity to increase the level of sales, while increasing the awareness level of the customers in the market. By doing so, the organization will once again engage with the customers on a significant level. The marketing and communication objectives set within this plan include the increase of Facebook likes by 30 percent, while increasing the followers and subscribers on Youtube and Instagram by 50 percent each.
In order to attain the objectives, Cupcake Central must initiate a campaign to attract the customers on Facebook. The campaign is to add friends on Facebook to win a free cupcake. Similarly, engaging with the customers is considered equally important by Cupcake Central. To engage with the customers, Cupcake Central will initiate campaign where the customers would be presented with an opportunity to celebrate birthdays with Cupcake Central. In addition, the corporate clients will be provided with free cupcakes for a limited time period to motivate them to place orders frequently to taste the delicious cupcakes offered by Cupcake Central.
With a limited budget, the media would be used carefully. Meanwhile, effectiveness of each campaign initiated will be frequently monitored for the evaluation of campaign’s success along with the level of goal accomplishment.
Marketing has moved beyond the traditional approach to more interactive, consumer driven and social marketing approach. With an aim to run a successful business,
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Anybody with an investible surplus of as little as a few hundred dollars can invest in Mutual Funds. These investors buy units of a particular Mutual Fund scheme that has a defined investment objective and strategy. The money thus collected is then invested by the fund manager in different types of capital market instruments such as shares, debentures and other securities.
In this case, the author argues that it is the role of the managers to come with strategies that will be practical in the successful running of the business (Chapter 1). First, Rumelt indicates that the managers need to identify the nature of challenges facing the business so as to handle them effectively (Chapter 3).
The web site provided an encrypted zone enabling patients or customers to go over their prescription data. Walgreens associated its success with several aspects, such as drive-up windows and independent pharmaceutical chains which
An articulate plan synchronizes actions and strategy as well as generates new potencies through caption alterations in view point. Therefore, bands together inventive and systematic skills.
In Accordance to Richard, the major essential idea of an approach is the
According to the research findings, it can, therefore, be said that the TCL IMC plan depicts the TCL products as superior, accessible and affordable. Equally, the plan addresses the response of consumers towards prices and quality of the products, particularly when making decisions on what product to buy.
age group 18 years to onwards, especially those who are not living in their home state because they are student or working and they often travel but cannot carry pets along due to the airline fares for pets.
There are many giant brands running campaigns online and gaining a
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