Marketing Aspect Isaiah Mark Millanes Wendy Encarnado Catherine Del Rosario Leopoldo De Honor Maria Charlyn Balangawan Bachelor of Science in Business Administration Major in Operations Management
The proposed business will offer fashionable accessories with useful features called wrist- wallet. It is a combination of wrist accessory but at the same time it has also a secret wallet with detachable coin purse. It is made up of poly canvas, a type of fabric with different printed design and bids according to the taste of the customers and ideas of the designer.
Like an ordinary wrist watch, it has an adjustable lock. At the back, it has a secret pocket as a place for money bill. On the one side, it has a hook where a coin purse can place.
The proposed business will be located in Robinson Plaza Dasmarinas which is near to the prospective customers with other establishments and fashion outlets. ii Promotion Being a new entrant in a business world, one of the most difficult and critical aspect that the business will be encountered and need a lot of effort is to how the product will be going to promote and advertise. The proponents will use some promotion strategies to persuade potential customers to purchase and patronize the product.
Personal selling and sales promotions are used in order to encourage
The product is new in the market They has a different variety of product It can be customized and even as personalized gift Each of their product has a fixed usage A multi-purpose product and style Following new trends and can be worn by all ages Cheap Price Products are at a reasonably priced.
Weaknesses
Unfamiliar product and not classified as basic needs Unorganized et of products No distribution channel
Opportunities
Threats
The target market of this proposed business is those people students, employees and all kinds of people who are seeking for the security of handling their money and love to buy and try something different in fashion and personal things.
Strengths
Weaknesses
Opportunities
Threats
Marketing Aspect. (2017, Sep 21).
Retrieved November 5, 2024 , from
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