Research Paper Doctorate 340 words

Marketing strategy concepts and applications

Last reviewed: January 9, 2005 ~2 min read

Marketing Strategy

With an increasing number of female consumers interested in do-it-yourself household repair and maintenance activities, the Graf Hardware Corporation decided to launch a line of tools geared for female needs and tastes. These tools will differ little from their generic counterparts but will boast attractive and colorful handles and the grips will be smaller, made for the female hand. A marketing strategy for this new line of female-oriented tools will include television marketing, targeted advertisements in certain magazines, and clever use of product display units. Billboards, print ads in newspapers, and radio spots will be used as well.

This multi-pronged marketing mix will reach the widest range of consumers. Because female do-it-yourselfers come from a wide mix of demographics, the tools will need to be marketed to a number of different sectors. Therefore, household repair magazines are only the beginning of the advertising campaign. In fact, television ads should be the primary focus of the Graf Hardware marketing strategy. These ads would emphasize attractive young women as well as seniors who use the tools proudly. The slogan for the campaign should reference the attractiveness of the tools, with a line something like, "Power tools aren't just for men." The ads should also incorporate humor: taking advantage of the stereotype that women do not like to use power tools or make household repairs. The marketing strategy should appeal to women who don't feel confined by traditional male-female stereotypes.

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PaperDue. (2005). Marketing strategy concepts and applications. PaperDue. https://paperdue.com/essay/marketing-strategy-with-an-increasing-number-60698

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