Strategic marketing plan

 

 
 
  • Status:

    Completed

  • owner:

    ETKA chain store

  • Location / time:

    Iran / 2013-2014

 The chain store market in Iran has been steadily growing over the years. As of 2023, chain stores in Iran had a 120-trillion-rial ($3.2 billion) share of the country’s 1.3-quadrillion-rial ($34.6 billion) retail market1. This represents a significant increase from a 3% share five years ago.

Some of the largest and most popular grocery chain stores in Iran include Shahrvand, Refah, and Etka2. These stores offer a wide variety of products, from fresh fruits and vegetables to dairy products, meats, breads, snacks, and canned goods.

Market Analysis

Understanding the Iranian market is crucial. This involves studying the competition, understanding the preferences of the Iranian consumers, and keeping up with market trends.

Objectives

The marketing objectives should align with the overall business goals. These could include increasing the number of stores, improving customer retention, or expanding market share in Iran.

Marketing Strategies
The marketing strategies should be tailored to the Iranian market. For instance, considering the popularity of social media in Iran, digital marketing could be an effective way to reach a wider audience. In-store promotions and discounts could also be used to attract more customers.

Budget

A detailed budget should be prepared to ensure that the marketing activities are financially feasible. This should include the cost of advertising, promotions, and any other marketing-related expenses.

Implementation

The marketing plan should include a timeline for implementation. This will outline when each marketing activity will take place and who will be responsible for its execution.

Evaluation

Finally, the effectiveness of the marketing plan should be evaluated regularly. This can be done by tracking key performance indicators (KPIs) such as sales revenue, customer acquisition cost, and customer lifetime value.

In conclusion, a well-structured marketing plan is crucial for the success of a chain store in Iran. It provides a clear direction for marketing efforts and helps the business achieve its objectives in a cost-effective manner. With careful planning and execution, a chain store can thrive in Iran’s competitive retail landscape.

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