(Tao 2008)
The survey should enable one establish the best marketing strategies and anticipate any future contingencies.
Entrepreneurship development services
This service will target individuals who wish to start business on their own or in a group it will mainly involve
Training on how to originate business ideas. It is said that if you feed a man you have only feed him a day, a long-term problem in a short-term way. If you show the man how to fish then you have feed him and his family for life and I add that if you show the man how to run a fish business you will have feed the society too. In his book Rich Dad Poor Dad, Kiyosaki explains that the most important skill is how to create business opportunities i.e. seeing with the mind what others fail to see with their eyes. Slum dwellers might not be very educated but with a purpose, creativity and the skill of business entrepreneurship you are set.
Sourcing for information to support the idea through market research.
Sourcing of funds to support the business to enable some margin to operate effectively.
Coming up with plans to execute the idea, the outcomes of plans are sytems, procedures, activity flow charts and budget.
Social entrepreneurship is perhaps the easiest way to become rich as elaborated by Haanel in his eBook the science of getting rich."Give every man more in use value than you take from him in cash value, then you are adding to the life of the world by every business transaction." (Tao 2008)
ORGANIZATIONAL STRUCTURE and the DEPARTMENT
The organizational structure will relate the marketing department to the organization as a whole.
Illustration of organizational structure (Tao 2008)
ROLES and RESPONSIBILITIES of the MARKETING TEAM
The roles of the marketing department will include planning and decision-making, the actual network selling, records and tracking costs, computer related tasks, transport and supply model management, and market research it will involve mainly.
1. Building the right sales strategy, Market quotas/niche, and setting most suitable price(s), individual sales strategies for different market niche/segments.
2. Conducting market research: given the contact with actual market and individual customers, we will be in best position to carry out research and data gathering for our potential customers.
3. Training and motivating the team involved.
4. Building necessary cost projections and sales estimates to enable tracking sales revenue against set goals; also drafting the initial books of account for the department.
5. Working in coordination with other departments to harmonize / synchronize the organizational/accounting, production and marketing processes, e.g. defining optimal productivity (production, revenue & cost curves/graph), marketing the organization as a whole through magazine and website, ole.
6. Managing the sales process and its continued improvement,
7. Getting the actual sale: this includes organizing non-bulk transport of product to individual customers, following up potential customers to lock in the sale.
Illustration of marketing department roles (Tao 2008)
MARKETING STRATEGY
This section will explain the choice of marketing strategy and its advantage over other marketing strategies. It will also explain in detail the network strategy.
Stakeholder Analysis (Beneficiaries)
The main beneficiaries from organizational activities are mainly
The slum dwellers will benefit from better housing and minimal rent
The youth will gain from employment opportunities in Manufacturing of bricks and others will be in recycling process later construction of the houses.
The Urban surrounding will benefit from better sanitation and drainage
The Business environment will benefit from the construction purchases especially the raw materials. In this category are also professionals who stand to benefit from construction activities like architects and masonries.
The government will indirectly benefit from decreased crime rate, Health issues from their citizens especially from the slums and is likely to benefit from benefits of having patriotic citizens.
The slum dwellers will benefit from entrepreneurship development services since those who will seek the services will mostly run successful businesses hence improving their lifestyle
Means of reaching to the beneficiaries
The easier way to approach the slum dwellers is by approaching them if there are any registered groups through the chairman of the individual groups. This has the advantage in that one gets to know the people, know what they do, and get a feedback of what they think about the proposed project. Such meetings also help to customize...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now