I need a marketing plan for holiday light with cupcake liner. I love holiday lig
ID: 362923 • Letter: I
Question
I need a marketing plan for holiday light with cupcake liner. I love holiday lights and they are so pretty to hang them at door or window. It is a great idea to introduce this product to customers for holiday season.This is how I'm going to make them.On a protected work surface, cut a small X” in the center of the flat side of the cupcake liners. Then press the light through the X” and pull through so that it sits securely on the plastic base of the light. I don't have a lot of experience how to do market plan but I need for my class.I'm planning to make 50 lights per one box. Price will be $5.00.The initial investment will be $50,000. On demographic view, customers will be age 3-70 and over.
Explanation / Answer
Marketing Plan
Available data
One Box = 50 Lights
Price = $5 per box
Investment available = $50000
Total no. of Boxes made from current investment amount = 50000/5 = 10000
There are available boxes 10000 which we need to sell in city area where shops of gift items and electronic items are more.
In available demography of customers between age 3 to 70 is not viable as maximum age members are covered.
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