Proposed Marketing Plan for Amazon.com
EXECUTIVE SUMMARY Amazon.com has experienced exceptional growth since the company’s inception in early 1994. The company has grown to a massive online superstore with recent sales of $1.64 billion in 1999, an increase of 270% from the previous year’s sales. The stellar grow of the company’s sales can be attributed to a very strong product situation. Amazon.com’s initial target market, online book consumers, proved to be very lucrative. In addition, the expansion into more diverse product offerings beyond books, such as music, DVD & video, toys, electronics, home improvement and auctions only served to increase the company’s product portfolio. In order to expand Amazon.com’s position Insight Solutions has identified an aggressive marketing strategy to broaden the companies target market, expand the product positioning to all consumer goods, focus distribution outlets through the top ten web sites and price items at a low but profitable margin. To ensure this plan is successful,! Insight Solutions also recommends four action plans involving, increasing name recognition, target market, product marketing and distribution management. Ø Name RecognitionØ Free E-mailØ Advertise on Internet Radio Ø Target MarketØ Telephone OperatorsØ “C
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Some common words found in the essay are:
Name Recognition, Sales/Costs/Profits Amazoncom, Currently Amazoncoms, Amazoncom Internet, Marketing Objectives, Product Marketing, Virtually April, Geo Metros, Product Situation, Inventory Program, fourth quarter, product lines, product situation, web site, situation –, product situation –, target market, action plan, name recognition, book sales, web sites, increase target market, fourth quarter 1998, supplier managed inventory, fourth quarter 1999,
Approximate Word count = 10515
Approximate Pages = 42 (250 words per page double spaced)
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