Strategic Marketing Plan APA Paper Template - 7th Edition-2
Strategic Marketing Plan APA Paper Template - 7th Edition-2
Strategic Marketing Plan APA Paper Template - 7th Edition-2
Marketing
Name of Course
Instructor’s Name
Executive Summary
responsible for supplying merchants with natural gas. Edmond City, Oklahoma County will be
home to our administrative office.We invested time and resources conducting our feasibility
studies and market assessment because we are aware that Edmond City is home to both large
and small natural gas distribution firms. This allowed us to provide much more than what our
rivals will be able to.Along with distributing natural gas from well-known American brands, we
will also provide Edmond City with unmatched customer service and punctual, dependable
deliveries. We will go above and beyond to ensure that our clients are delighted since we
understand that they are the reason we are in business.No matter how big our distribution
network gets, we have CRM software that will let us manage a one-on-one relationship with each
of our customers (Camilleri, 2018). When making decisions about our business that directly
impact our customers, we'll make sure to consult them. As a Mobile gas delivery company we
will consistently exhibit our dedication to sustainability, both personally and as a company, by
becoming involved in our communities and using green business practices whenever it's feasible.
By accurately and completely satisfying our clients' needs, we'll make sure we hold ourselves
throughout Oklahoma County , even though the firm is currently focused on Edmond City .
According to extensive main and secondary research, given the nature of this region, Mobile Gas
Delivery Company’s anticipated customer base will consist of upper middle class and
Mobile Gas Delivery Company by its highway location and billboard advertising campaign.
Only Brick and Mortar Stores, are a direct competitor of Mobile Gas Delivery Company (Mehra
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et al ., 2018). This plan's purpose is to serve as a roadmap for this new company. Understanding
our markets, strategies, mission, and finances will give the owner insight and position Mobile
Gas Delivery Company for success. In Edmond City, we want to launch a natural gas
distribution company with the goal of creating a traditional natural gas distribution company. We
will employ appropriate frameworks to cater for our customers and make efforts to ensure
customer satisfaction.We are in the natural gas distribution business to make profits, and we will
do everything within the bounds of the law in the United States to further our corporate goals.
We are dedicated to offering the following products and services; selling gas to a distribution
system after purchasing it from our suppliers, making arrangements for the sale of gas through
● Our vision is to consolidate our position as Edmond City’s top natural gas
● Our mission is to develop a natural gas distribution company that will provide
top-quality natural gas at competitive pricing to merchants in Edmond City and other
neighboring areas where we want to promote our product .Carry out the transmission business
complying with the highest standards of safety and ethics and drive reliable , efficient gas
delivery services. Also to ensure the best in class service to the customers and value enrichment
to all stakeholders and continuous focus on risk reduction. Additionally, to maintain consistency
Customers in the natural gas distribution market come in all shapes and sizes; it's
hard to find someone who doesn't use natural gas in their homes, hotels, restaurants, or
manufacturing facilities (Rawat & Garg, 2022) .As a result, we have set up our natural gas
distribution company to provide services to upper middle class and businesses in Edmond City
as well as all other areas we will cover in Oklahoma County . Our target market's expectations of
us are known to us thanks to the market research we've done. We target to reach those with busy
lives, preferably upper middle and great class white women and old people. We are prepared to
compete advantageously with other top natural gas distribution businesses in Edmond City
despite the fierce rivalry that exists.We will have a competitive advantage thanks to our
exceptional culture of customer care, prompt and dependable delivery services, internet presence,
and a variety of payment alternatives. Finally, because our employees will receive excellent care
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and one of the greatest welfare packages in our industry for their category, they will be eager to
work with us to grow the company and achieve our goals.We are confident that we will succeed
in meeting our goal of making enough money in the first one year of operation to expand the
company and our clientele base because we are well-positioned to compete in Edmond City .In
order for Mobile Gas Delivery Company to be able to enter the market, we undertook extensive
market research and feasibility studies. With the use of our extensive information and data, we
were able to organize our company to draw in the clients we need. Mobile Gas Delivery
Company will be advertised on various channels such as post advertisements in local magazines,
newspapers and billboards across Edmond City. Mobile Gas Delivery Company is aware that
consumers typically buy goods from distribution companies because they have lower prices, and
pricing is one of the main variables that gives distribution firms and consumers leverage. We
shall make every effort to have all of our natural gas distributed at rates that are at market value.
Later on we shall consider offering discounts on our products to honor our devoted consumers.
Segmentation
investigate and provide a crucial service for its consumers after finding there are few natural gas
distribution companies near the Princeton area off the interstate highway. The company's
marketing strategy for its natural gas targeting upper middle class and businesses.. Potential
customers for the company include anybody, preferred upper middle and great class white
Targeting
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Mobile Gas Delivery Company plans to open in a location with a lot of potential
for business. The strategic location is without a doubt one of the most noteworthy benefits and
strengths mentioned in this company’s business plan. The idea is to put into practice a distinctive
business model that emphasizes providing excellent customer service and first-rate goods and
services. The estimated size and profitability ranges from 1,800 per year on average.
Positioning
Mobile Gas delivery Company embraces the supplying of high quality natural gas
for high prices to the consumers.This strategic position will help the company to conquer
competition within Edmond City ,Oklahoma County due to supply of high quality natural gas to
the consumers. The distribution of the natural gas will be exclusive , and limited to certain areas
until expansion.
Tactical Plan
Product
While providing services that are on par with the industry, Mobile Gas Delivery
Company also innovates to add value for our clients and expand its market share. We offer
warranties for our work and are licensed and insured. Our commitment to providing high-quality
satisfaction. Our products are high-end quality and the product life cycle is at the development
stage.
Price
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We are able to charge for our products as per the market value because of the
demand that our reputation and our marketing generate. Additionally, we will consider
implementing a program to reward repeat customers with lower rates and provide new
customers incentives. We also look to collaborate with others to provide special rates to our
customers.
Place
County .Our corporate vans, employee uniforms, and warranty labels serve as physical
representations of us. We often go to trade shows in our sector, and our distribution system is
currently selective. We employ push marketing with paid advertisements and promotions of our
brand to reach our clients.Since none of our rivals are currently utilizing this communication
Promotion
The company reaches most of the clients by advertising through billboards across
Princeton, putting advertisements in newspapers and also through local magazines. These
advertisements are effective in reaching clients since they have resulted in many customers
hence achieving the goal of the company. Integrated Marketing Communications has been
Situational Analysis
Mobile Gas Delivery Company uses SWOT analysis alongside 5’cs marketing
strategy to enhance their marketing strategies and in making decisions for the business. to
identify its strengths, weaknesses, opportunities and threats (Subotic et al., 2021) .
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Customer
Mobile Gas Delivery Company has most of its clients in Edmond City ,Oklahoma
County . The customers are upper middle class and businesses . The customers tend to have
busy lives and they value the quality of the products and convenience of the delivery
services.The customers purchase the product on a weekly basis and they are highly satisfied with
the products. We are using a loyalty program for 6 orders half the price tank and the company’s
Company
Edmond City ,Oklahoma County. Natural gas has a competitive advantage because of its high
quality and convenience of the delivery services.The company seeks to improve its delivery
Context
The prices of natural gas can vary due to the economy , world and political
influences. The company always maintains the prices at market rates.The company has adopted
Collaborators
The company collaborates with supply chain providers of natural gas and the
company needs to modify its relations with the suppliers to enhance business.
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Competitors
The company's main competitor is the Brick and Mortar Stores since some
consumers prefer to purchase their products in a physical store. These stores benefit from a large
number of customers who visit their location to have a one on one inquiry with the seller about
the products (He, 2021). These stores also provide snacks to the customers as they wait for the
services.
Conclusion
The management of Mobile Gas Delivery Company is optimistic that the company will
be able achieve its targets and attain more consumers annually.Additionally, we have thoroughly
examined the market, potential customers, and capacity to boost sales and market share in our
sector. Due to its distinctive selling proposition that satisfies customer demand, aggressive
marketing strategy, and ability to differentiate itself from competitors, the Company has the
potential to offer high value to consumers.To become a market leader, the Company will need to
raise capital in the beginning. The funds will be used for startup costs, the construction of a real
storefront, and the improvement of the business's infrastructure, product development, and
marketing.Based on the required investment, the company will be able to realize its achievement
in one year.The management team is sure that it would be able to produce sizable returns for its
Reference
Camilleri, M. A. (2018). Strategic planning and the marketing effectiveness audit. In Travel
marketing, tourism economics and the airline product (pp. 117-135). Springer, Cham.
He, B., Gupta, V., & Mirchandani, P. (2021). Online selling through O2O platform or on your
own? Strategic implications for local Brick-and-Mortar stores. Omega, 103, 102424.
Mehra, A., Kumar, S., & Raju, J. S. (2018). Competitive strategies for brick-and-mortar stores to
Rawat, A., & Garg, C. P. (2022). Modeling the strategies to accelerate the natural gas business
(ahead-of-print).
Subotić, M., Vulić, M., Ristić, B., Popović Šević, N., Šević, A., & Ilić, M. (2021). Evaluating the
impact of 5Cs model factors and marketing mix analysis: A case study. In 37th IBIMA
conference proceedings.