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The teaching unit focuses on T-Young, a company established by class 4D for t-shirt production and sales. The legal structure chosen is a Limited Partnership Ltd., providing limited liability for stakeholders. This unit encompasses key marketing concepts such as defining business missions, creating strategic marketing plans, and conducting SWOT analysis. It also highlights the importance of identifying target markets and utilizing Kotler's 4Ps: Product, Promotion, Price, and Place. A brainstorming video precedes the unit, enhancing the learning experience.
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MARKETINGa teachingunitfor 4 G I.T.E. BODONI PARMA
MARKETING • T-Young is the name given to the company which the class 4D decided to start for the production and sale of t-shirts. • The legal structure chosen for the Company is the Limited Partnership Ltd. With this kind of business organization the advantage of limited liability will be achieved: responsibility is limited to the social capital and administrative costs.
This is the tee-shirt created by the company which is now to be marketed.
The teaching unit is preceded by a brainstorming video. • http://english-courses-level.com/general-english-courses-online/bbc-business-english-course/marketing-vocabulary-lesson-14.html
Marketing • Marketing is a complex planning processthatidentifies the needs and wantsofpotentialcustomers and thencreates a product or service tomeettheserequirements.
Business mission • A strategic marketing plan starts with a clearly defined business mission. • “A mission describes the organisation’s basic function in society, in terms of the products and services it produces for its customers”.
Marketing plan A marketing plan outlines the specific actions you intend to carry out to interest potential customers and clients in your product and/or service and persuade them to buy the product and/or services you offer. The main steps of a marketing plan are:
S.W.O.T. ANALYSIS • Strength • Weakness • Opportunities • Threats
Strategies • Target market: The consumers a company wants to sell its products and services to, and to whom it directs its marketing efforts. Identifying the target market is an essential step in the development of a marketing strategy. • Marketing mix: Kotler’s 4Ps’ • Marketing budget: An estimated projection of costs required to promote a business' products or services.
Marketing mix • "Marketing mix" is a general phrase used to describe the different kinds of choices organizations have to make in the whole process of bringing a product or service to market and it is based on Kotler’s 4Ps’: • Product • Promotion • Price • Place