Formulating a marketing strategy for Metro Mercu Sdn Bhd a furniture manufacturing company in Sarawak / Kamil Misuari
This study is about formulating a marketing strategy for a furniture manufacturing firm which intends to excel as the market leader in the furniture industry in Sarawak A literature review was undertaken to review the marketing strategy in existence. A marketing effectiveness rating was carried out...
Saved in:
| Main Author: | |
|---|---|
| Format: | Student Project |
| Language: | English |
| Published: |
2002
|
| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/69220/1/69220.pdf https://ir.uitm.edu.my/id/eprint/69220/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This study is about formulating a marketing strategy for a furniture manufacturing firm which intends to excel as the market leader in the furniture industry in Sarawak A literature review was undertaken to review the marketing strategy in existence. A marketing effectiveness rating was carried out to indicate the effectiveness of the present marketing function in the firm. A TOWS matrix analysis was done to outline ten different strategies that can be adopted. Questionnaire-type survey was also conducted which gave a better understanding of customers, competitors and the marketing environment. Based on the literature review and research findings, a marketing strategy was formulated such as the target market, positioning, products, price, distribution outlets, salesforce, service, advertising, sales promotion, R&D and marketing research. Findings of this study also recommended that a formal approach to planning a marketing strategy be carried for any firm, which is seriously considering gaining market share in the marketplace. |
|---|