Introduction
The complete assignment includes the effective report for implementing the marketing plan for an App named “P-Cubed” which has been developed by the Australian winners of 2018 in order to Search for the “Next Tech Girl Superhero”. An effective marketing plan is been designed in order to develop the App and for efficiently investing the funds for the App’s growth and development. “P-Cubed” is the free multi-platform app, and is used to prevent the pollution created and increased by the increasing use of plastics. The app is very beneficial in tracking the use of plastic and is specifically designed with the young “Queenslanders”. The app is very unique and is very helpful in reducing the negative impacts of the environment and creating the eco-friendly nature.
The app is very easy to use and can be frequently used in the day to day lives of the people. With the help of this app, better choices can be made in purchasing the products and also in choosing those plastic bags which can be recycled and reused. This app can reduce approximate ate 8 million tons of plastic which flow in the waterways, large oceans,and landfills in each and every year. The situational analysis includes the PESTLE factors, the competitive analysis, the market trends, market position and also the SWOT analysis in relation to the “P-Cubed” app.
The PESTLE analysis or the external factors are being analyzed as follows:-
The analyzing of the market trends and needs of various different customers and the demographics of the market are very necessary to be conducted in order to frame out the effective marketing plan of “P-Cubed” app. The customer analysis must be conducted by following up the three categories consisting of the “Moderate Consumer, High Consumer and Loyal Consumer”. The effective distinction must be made among all three of them on the basis of their work, income, and family, traveling source, their hobbies and also the values. The complete analysis of consumer must include all these factors and then accordingly the marketing plan must be framed (Gupta, 2013). The trends prevailing in the market, the market demographics are very necessary to be considered. According to the industry analysis, it has been founded that the majority of consumers prefer the healthy and standard living lifestyle.
Market Analysis
Market Target
Users
Age Range
Income (Annual)
Moderate Plastic Consumer
Shoppers, farmers, students, etc.
14-55 Years old
$8000- $25000
High Plastic Consumer
Retailers, Tourists, travelers, etc.
14-70 Years old
Greater than $20,000
Environment Concerning Agencies
Environmentalists, NGOs, Government bodies, etc.
All age group
The competitor analysis includes the “Porter’s Five Forces”, these are:-
Besides all these analyses, the SWOT analysis is also the major analysis which needs to be considered in the marketing plan. The strengths (reducing the environmental pollution), weaknesses (the inefficient strategies and policies for developing the plan), opportunities (the favorable opportunities must be grabbed promptly) and the threats (the increasing competition prevailing in the market), all four of these must be framed and analyzed in an effective manner (Ommani, 2012).
Strengths
· Environmental Friendly
· User friendly and convenient in use
· Helpful in making general public aware of the pollution they create
Weaknesses
· Need regular updates
· Poor user retention
· Need a bit of technical knowledge to use the app
Opportunities
· Government appraisal and funding
· Appreciation from some environmental protection agencies
Threats
· Competitors with a better approach
· Internet problems as the app run by accessing the Internet.
It is to be concluded that the efficient and proper marketing plan must be framed out in order to develop and enhance the sustained growth of “P-Cubed” app. All the analysis related to it is being described and discussed in the assignment.
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