Marketing Analysis of Fantasticc Golf Company

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Marketing Analysis of Fantasticc Golf Company Table of Content Section page Executive Summary 3 Introduction 4 Mission statement 6 Consumers’ analysis 6 Target market 7 Consumers’ characteristics 8 Market demography 8 Target market by cities 9 External Analysis of Sweden/Infrastructure 9 Business-Related Infrastructure 10 Consumer-Oriented Infrastructure 10 Economy’s analysis 10 Technical and Transportation Infrastructure 11 Political and Legal 12 Natural Resource Market Performance 12 Cultural 13 Social Environment 13 Competitive Analysis 13 Marketing Strategy 15 Marketing Mix 15-19 Product Place Promotion Price (see financial attachment) Executive summary In 1984, Fantastic Golf Company was created in Tampa, Florida in order to manufacture and distribute high-quality, affordable golf clubs and equipment. Fantastic uses the same successful business model as high-end golf balls companies like Callaway, Titleist and Taylor Made. Design and assembly of fantastic clubs occurs at the Tampa facility. Like its high-end competitors, the company uses the latest golf club technology to create products with ultimate playability. But, fantastic provides its retailers with a mid-range price point and the best sales margins in the golf industry. The end result is a comparably high-quality, high-performance golf ball with a more attractive price tag. In January 2004, Fantastic Golf Company expanded its market to Sweden. By using the same business model like our home market, we were able to conquer a multi-bil... ... middle of paper ... ...saction Perhaps the most versatile of the marketing Ps is promotion. It covers all phases of communication between the seller and the potential customer. It is versatile because a change in budget, media or target audience can be made quickly. Promotions also can be effectively changed for specific market segment efforts. Major promotional concerns include the following: • Budget • Timing Distribution of promotional efforts 1. Advertising 2. Promotion 3. Publicity Promotion strategy 1. Benefit approach • Product point • Benefit 2. Media • Newspaper • Shoppers • Television • Radio • Billboards • Direct Mail • Magazines REFERENCES www.greenfeesavers.co.uk/holiday-sweden.html www.sverigeturism.se/smorgasbord/smorgasbord/natrecspo/recreation/adv.html www.mac.doc.gov/tcc/data/commerce_html/countries/Countries5/Sweden/Country www.invgr.com/golf/intelligence_report.htm Johansson, Johny K., Global Marketing: Foreign Entry, Local Marketing, & Global Management, Third Edition, Georgetown University, 2003 www.mac.doc.gov/tcc/data/commerce_html/countries/Countries5/Sweden/Country

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