The Market Planning Guide Assignment Example | Topics and Well Written Essays - 500 words

The Market Planning Guide - Assignment Example accord to the research findings, this being a new fellowship we ar faced with many challenges in our day-to-day operations. So much strain is put on the companys budget through the answer of advertising. Peoples attitudes towards this product greatly affect the companys performance. Most people are non flexible to experience new products but rather prefer using products they are alter to David. Competition from other companies is another issue to our companys performance. Meeting each customers needs is not an easy task. Each individual has different tastes and preferences therefore, meeting all these preferences leads to enormous expenditure. Maintaining high and quality standards in product production has always been an issue for this company. Enjoying music all the time is the desire of every music lover therefore production of this type of head phones targets all those music lovers that had lost hope in listening to music over their phones during rainy season payable to lack of head phone that could stand up water. At least 18 youths out of 20 use head phones for listening to music. Your age does not really matter. Due to its quality, we know that our customers will not regret in purchasing our products. Technology greatly influences our rate of production. The company is able to produce more products within a short period due to availability of highly improved machines. Technology has also helped in accessing the target market easily. This has been made doable through carrying out advertisements online. Customers are able to make their orders online on varieties that they are interested in. this technology has trim the burden of meeting customers physically in the name of advertising. Our greatest competitor in this field is the iPhone Company. This company has posed so many challenges because it has had a long experience in the technological industry.