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Unit Iv Situational Analysis

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Submitted By ladynnk2003
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Marketing Plan
Situation Analysis
Natasha N King
Unit IV
June 3, 2015

Breakdown and target for market analysis
Arimount deodorant is targeting the following segments: 1) Young adults aged between 15-25 This group of individuals may not have an enormous amount of income; however they have the right aim to go along with the product. People in this group looks forward to distinguish it and the product is a good way to implement this. 2) Class of working people 25-45
These individuals have the means to purchase the product as well as the ambition to use the Arimount deodorant product. They reside in an economical culture where cosmetics can be a way to point them in the right direction. The product has the probable to service the affiliates in the segment to meet their goals of feeling good and changed (Curtis, (n.d.)).
Economic Analysis The deodorant has already gotten a lot of competitors in the market. The feature of the fragrance lasting a long time will just be an added bonus. The top brands such as; Suave, Dove, Axe, Secret products, America Red and etc., attempt to set apart from the norm. This includes pricing, fragrance, the effects after the use, and how it is rated from the consumers. There has not been a brand to cultivate the substance formulation to have a fragrance to last at a minimum of four to five days. This gives the company the leverage needed for the competition. . At the same time, this may not suffice enough to convey this However, this alone may not be sufficient as it is important to communicate this enhancement to the featured audience. Some of the success factors include; pricing, consumer issues, marketing, and sales and distribution network. It is expected that the product face tough competition, but the potential is high for the product to come out strong (Kotler & Keller, 2012).
SWOT

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