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Marketing Plan Assignment Brand Name: Nike Answer the following: 30 DAY PLAN ACTION ITEM 1 + WHY ACTION ITEM 2 + WHY ACTION ITEM 3 + WHY ACTION ITEM 4 + WHY 60 DAY PLAN ACTION ITEM 1 + WHY ACTION ITEM 2 + WHY ACTION ITEM 3 + WHY ACTION ITEM 4 + WHY 90 DAY PLAN ACTION ITEM 1 + WHY ACTION ITEM 2 + WHY ACTION ITEM 3 + WHY ACTION ITEM 4 + WHY
Marketing Plan Assignment
Brand Name: Nike
Answer the following:
30 DAY PLAN
ACTION ITEM 1 + WHY
ACTION ITEM 2 + WHY
ACTION ITEM 3 + WHY
ACTION ITEM 4 + WHY
60 DAY PLAN
ACTION ITEM 1 + WHY
ACTION ITEM 2 + WHY
ACTION ITEM 3 + WHY
ACTION ITEM 4 + WHY
90 DAY PLAN
ACTION ITEM 1 + WHY
ACTION ITEM 2 + WHY
ACTION ITEM 3 + WHY
ACTION ITEM 4 + WHY
Expert Solution
30 day action plan
- Achieve higher sales to grow faster than peers
- Achieve higher customer base to penetrate market
- Acheive lower costs to remain competitive
- Achieve higher quality to be efficient
60 day action plan
- Achieve brand awareness to cater to wider customers base and target audience
- Achieve lower employee turnover to boost productivity
- Achieve higher customer satisfaction to gain customer trust
- Achieve higher brand loyalty to lower switching costs
90 day action plan
- Achieve quarterly profits to fund new capex plans
- Achieve brand resonance to remain sustainable
- Achieve investor confidence to ensure funding constantly
- Achieve higher brand equity to increase market capitalization.
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