Professional Documents
Culture Documents
Executive summary
Marketing plan created by founders to inform
Company Description
Founded by young entrepreneur Mahendra
Financial Goals
Obtain financing to expand manufacturing
Nonfinancial goals
Introduce two new product linescustomized
CORE COMPETENCIES
Offering a high-quality, branded product
SWOT Analysis
The SWOT analysis presents a thumbnail sketch
of the companys position in the marketplace.
Witty-8 has built some impressive strengths
while looking forward to new opportunities.
But however the company tries to maintain its
strengths, the several external forces comes
to affect them. The SWOT analysis is
presented as following:
Strengths
The witty-8 company understand the market
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Weaknesses
Limited cash flow
Works with the single supplier which may be
little risky
the customers may change their taste and
preferences
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Opportunities
The t-shirt trend is growing
If the company creates new designs then the
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Threats
Customers may get tired with the concept, sp
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games, etc.
Expansion of business in all over the country
and to export in near future,
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Production Strategy
T-shirts with different colours
Customized logos and prints
Variations in product line
On demand modifications
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Distribution(Place)
strategy
New internet based distribution and sales
Online booking for the products
New outlets and showrooms will be opened
Quick delivery
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Promotional Strategy
Through internet
Personal mailing
Leaflets and banners
Contests and prizes
Door to door marketing
Telephone marketing
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Pricing Strategy
Price within the budget of targeted customers
The range starts from Rs. 250 to maximum
Rs. 1200
Comparatively low prices then the
competitors expecting high sales.
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