[Solved]- The Product Marketing Research Plan
The Product
Marketing Research Plan
Problem
definition and research objectives
A low form of targeting has
been done in the areas of children between the ages of 10 to 15 years. ASG
needs to develop a tracksuit for both boys and girls age 10-15 years.
Currently, the company only targets adults leading to a low focus on the young
generation, especially those in the teenage years. Generally, it s
understandable that the company finds a high level of market competition from
dominant market players who deal with the sporting clothing and apparel such as
Nike and Addidas. We have identified
that; young people will translate to buy brands they gave used at a young age leading
to continued customer loyalty. In such cases, they will be introduced to the
products by the parents. It s expected that when they become adults, they will
continue using the ASGs sport weak proudest. The development of a tracksuit is
chosen as it offers the company a more natural form of penetrating the market
since the target oils broad. With the tracksuit, both children interested in
sports, as well as those who are not, will be potential customers. Thus, it s a
good move and starts to join the children market.
Research objectives;
·
To identify the target
customers and their needs.
·
To identify the marketing strategies
that will allow easy reach to the target customers.
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