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Advertisment plan for a newly marketed product

In the previous papers I went about describing the features and projected market for my sports oriented mp3/cell phone combination device called the Mobile Sport Lightning. We defined the specific target market for this product as predominately male generation Y-ers born in 1974-1994. This generation has coined the multitasking term ‘connexity’. They are more technology savvy than previous generation and are attached to the internet and telecommunication devices. This generation is the most likely to rely entirely on wireless phones for communication and they are not attached to standard forms of media for gathering information. These facts combined with the on-the-go active format of our product has caused us to draft an plan for advertisement that will rely heavily on a futurists or non-conventional media marketing mix with a focus on a technologically oriented interactive media and a hands on approach to product introduction .

Since the Sport Lightning is of a more specialized orientation it seems as if a 10 million dollar budget might be considered excessive. However, when you consider the giant contenders in the industry, including Apple and their Ipod which controls morethn 92% of the mp3 player market share and has just

. . .
In some cases our prospective businesses including rollingstone. -Lazare station in Paris and a TV ad campaign throughout Japan, it is comforting to know that we have some funds to attempt a niche creation. One example of a company who has followed a similar path to great benefits is Toyota with the marketing of their novel Scion vehicle “. If our profit margins soar and our company expands it is a safe bet that we will turn to these media sources for further growth. This allocation of funds also includes free product demos which we will distribute globally to magazine and online resources that focus on technology based product reviews.

In addition to online advertisements we are aware of the lasting impact that a periodical has on a consumer and the ancient adage that a picture is worth a thousand words. For example we would offer a discount on our product to a consumer that just purchased a Burton Snowboard or legally downloaded music from a band such as the punk act Bad Religion or the Hip-Hop group Swollen Members from an independent MP3 provider.

We know that or Gen-Y market spend more time online than any other, an average of three hours a day, and that they prefer this form of media to television. We also surmise that this is a way to reach our secondary Gen-X market who are the second largest internet using populous groups. We are proposing that the most effective way to reach our target market is through an new kindof word of mouth, which today also spreads through e-mail and instant messaging. This will also include or own website design and maintenance. launched a massive global advertising campaign boasting everything from U2’s endorsement to giant subway silhouette banners in St.

Though it might be considered a risky investment, it is on our companies founding ideas and beliefs that you need to create rather than follow market trends.

Common topics in this essay:
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Approximate Word count = 1362
Approximate Pages = 5 (250 words per page double spaced)

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