Marketing Plan and Strategy
1.0 Executive Summary
The proposals that we are going to depose are a planning of continuous action in order to confront the challenges, which BT confronts. The most important factor is considered to be the fact that the marketing environment changed rapidly after the deregulation of the telephone industry. Up to then BT was operating as a monopoly, ignoring the competition and ways to face it.
Our intention is to achieve the already given targets and also prepare BT for an opening to new horizons. In addition, in order to face the fast changing environment we have to introduce within the companies activities like cross selling and e-marketing.
A new era is at about to start,
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The code name we gave to our project is ¡¥Low Bap¡¦: the sound of boots of an army when is marching in the battlefield. With this name we compare the business corporations of the present with the huge armies of the past. In this way, we could consider BT as a big army of the past, which has to be kept in a continuous march so as to meet our targets both in short and long-term. Regarding the number of the consumers that are involved and the size of funds, which are going to be used, BT¡¦s strategy will be an example that may have both a positive or negative effect to the Global business field in the future. It is up to us to build BT¡¦s fame as an innovative strategic planner or another bureaucratic plodding giant.
3.0 Situation Analysis.
Before giving our proposals and suggestions, we are going to highlight the key aspects we observed when we were analysing the current situation. These can be mentioned as the most important factors that determine our strategy and their presentation will help you to comprehend the status quo as we estimated it from our own experience.
3.1 Market Summary.
The market in which we are going to be activated is defined from the borders of the UK. However, Britain is considered to be one of the most developed countries in the world, so it is really difficult to study examples of other
The company is currently implementing five short term business strategies focused on delivering results that will prompt company growth in comparison to its industry and its competitors: “(1) driving a competitive top line; (2) generating margin flow-through from improved
Even as a child I always marvel about how systematic the process of handling the financial aspect of a certain company works. I have seen some people from my family try to organize their books of accounts and I am amazed at how financial statements are well coordinated. Thus, when I pursue my college education I decided that I want to take up accounting and learn the systematic process of managing finances. I come from a line of family who are into the business world. This is the reason why I ultimately believe that I am a top candidate in any accounting firm.
For 2017/18 BT’s strategy is evolving. The three pillars remain broadly the same but with a wider focus on the overall customer experience rather than just on customer service. And with the acquisition of EE limited, the company’s investment areas are evolving to focus on having the best integrated network in the UK and being a fully converged service
Currently the inflation rate is stable at three percent or less per year, and the consumer price index is steady with approximately 1.5-2 percent change per year. A stable economy without significant inflation will likely maintain the strong spending power of the consumer. The consumer’s dollar will be stretched further allowing them to purchase more goods. Low inflation rates will also persuade the Federal Reserve Board to keep rates low allowing free economic growth as rates increase.
The proposals that we are going to depose are a planning of continuous action in order to confront the challenges, which BT confronts. The most important factor is considered to be the fact that the marketing environment changed rapidly after the deregulation of the telephone industry. Up to then BT was operating as a monopoly, ignoring the competition and ways to face it.
We are aware by now that planning and executing one strategy over a decade is not feasible in today's ever-changing market. In order to be competitive in the market, you must be flexible and move on opportunities that will give you a competitive edge against your competitors.
British Telecom, a holding company founded in 1969, is a major provider of telecommunication services in the United Kingdom that operates around 170 nations globally. It is the UK’s leader higher-value broadband Internet provider, located on London and New York Stock Exchange, which itself consists mainly of four lines of business: BT Retail, BT Wholesale, BT Global Services and BT Open world. By launching its own mobile network called BT Cellnet, the company was the first mobile service in this country. It supplies telecommunication services to government and corporate customers globally with operating more than 28 million UK telephone lines. Nowadays, it is one of the most recognizable and powerful brands in the UK (Btplc.com, 2016).
There are many options to careers in marketing, but how do you know which one is right for you? Marketing can be defined as being the intermediary function between product development and sales. Think of it as the storehouse for such things as advertising, public relations, media planning, sales strategy, and more. It 's the marketing professionals job to create, manage, and enhance brands.
I want to use my personal marketing plan as a chance to get to know myself better, and be able to tell future employers what I do best at. While I have made resumes in the past, this is a first very in depth eight page one I have created.
needs a new business strategy to remain competitive and on path to achieve its vision, mission,
David’s strategic vision is a good one, but the strategic objectives, strategy development, and implementation and execution should be modified to address both the internal environment and external environment, such as; current technological, economic and industry conditions. The new executive leadership should be looking at ways to adjust and improve upon the strategy-executing process in
The aim of this report is to propose an effective marketing plan to be presented to the financial investors who have agreed to invest capital in cosmetic business. A proposed plan is required which work as a layout to start any business. This report is made after analyzing the target market and the trends that may affect the growth of the business. Cosmetic industry is already an established industry and there are many companies already in the market which offer quality products and therefore; an effective plan and its implementation is detailed in this project report.
As the marketing plan is in a three years term from 2011 to 2013, below a number of targets will be set for the marketing objectives in a corporate level and a product level regarding the fiber product that has been discussed in this study. In the corporate level, with the help of the promotion of the new product, the growth of revenue is expected to reach 10% compared to the 8% in the Singapore market in the last financial year. And in term of EBITDA contribution, because of the large scale of investment in the new product in term of marketing activities, the target of the Singapore market will be to maintain its proportionate contribution of around 27%, the same digit as the last year. And in the product level the most critical indicator is market share of the new product in the next important three years. The goal set for the new product according some analysis that we have above, the market share in the end of 2013 by SingTel in the optical fiber internet is anticipated to reach around 35% after the consideration of the hyper competition in the new market. But certainly these goals need to be divided into gradual goals for each year and each month in the detailed marketing plan.
| Yes – Difficult if impossible for other brands to build a reputation exactly similar to BT’s, especially since BT has first-mover
The purpose of the project is to help inform BT’s corporate strategy teams about emerging opportunities for Group Investment. BT would like to understand how different value chains will form around specific socio-economic and technology trends. This will enable BT management to understand in a systematic way which markets and specific propositions BT might be able to enter to grow the business profitably.