In: Economics
Write a 500-1,000-word paper describing the product and outlining your strategic approach to marketing this product. Discuss some of the social and ethical issues for this industry and product. Identify strategies for addressing concerns about these issues with the primary target market
what is it that is expected of me here ? what if my product is for lashes extension targeting young fashionable females ? what are some specifics to highlight?
PRODUCT-
Eyelash extension
PRODUCT DESCRIPTION-
Eyelash extension is a beauty product. This product is used to extend the eyelashes, give them shape and volume. It also enhances the fullness of the lashes which gives the lashes a beautiful look.
BRAND DESCRIPTION-
Beauty Lash is a high-quality eyelash extension which is available in 4 different sizes. It is made from silk giving the lashes a soft feel and a superior quality. The prices are very affordable, especially for young females interested in fashion.
SPECIAL HIGHLIGHTS-
MARKETING STRATEGY-
S.No | MARKET STRATEGY | DESCRIPTION |
1) | Product |
|
2) | Price |
|
3) | Place | The city you live in (USA) |
4) | Promotion |
|
SOCIAL AND ETHICAL ISSUES-
TARGET MARKET-
Primary target market, in this case, is 'young, fashion inclined girls.' Secondary target market is all other ladies who are interested in buying a good product for fashion.
This product can be marketed to the 'Primary Market' by the following means-
The social and ethical issues can be addressed to market this product to the target group in the following ways-