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Marketing Plan for an Online Business: A Case Study

datacite.subject.fosCiências Sociais::Sociologia
datacite.subject.sdg04:Educação de Qualidade
dc.contributor.authorSouza, Yuri
dc.contributor.authorFonseca, Manuel José
dc.contributor.authorCardim, Sofia
dc.date.accessioned2025-03-11T10:09:39Z
dc.date.available2025-03-11T10:09:39Z
dc.date.issued2024
dc.description.abstractThe aim of this study is to define the most appropriate marketing strategy, as well as develop a marketing plan to increase brand recognition, for a newly created Brazilian company called Probate for Dummies, which operates in the online resale of inherited assets. The data that provide the basis for this study was generated through semi-structured interviews applied to a sample formed by the owner of the company, followed by specialists in different fields of knowledge which may directly influence the business. As for the main outcomes, this project unfolds the key factors of both micro and macro environments of the company, in the form of a SWOT and PESTEL analyses, as well as the analysis of the Porter’s five competitive forces. In the sequence, a marketing central strategy was delineated through the market segmentation, target selection and positioning definition, which guided the marketing objectives to be pursued. Thereafter, based on those marketing objectives, a marketing mix was composed based on the 7P’s (Product, Price, Placement, Promotions, People, Process, Physical Evidence). Furthermore, an operational plan composed by specific actions addressed to each marketing goal was settled, along with the budget and schedule of implementation. Regarding the conclusions, a market penetration strategy shows to be the most suitable for this business, with development of new services for the costumers of the niche it acts. Yet, the strategy is intensively based in terms of promotion, especially in segmented digital marketing.por
dc.description.sponsorshipUNIAG, R&D unit funded by the FCT – Portuguese Foundation for the Development of Science and Technology, Ministry of Science, Technology and Higher Education. Project no. UIDB/04752/2020.
dc.identifier.citationSouza, Yuri; Fonseca, Manuel José; Cardim, Sofia (2024). Marketing Plan for an Online Business: A Case Study. In 11th World Conference on Information Systems and Technologies, WorldCIST 2023. Cham: Springer Nature. p. 101-110. ISBN 978-303145650-3
dc.identifier.doi10.1007/978-3-031-45651-0_ 11
dc.identifier.isbn978-3-031-45650-3
dc.identifier.urihttp://hdl.handle.net/10198/34353
dc.language.isoeng
dc.peerreviewedyes
dc.publisherSpringer Nature
dc.relationApplied Management Research Unit
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectDigital marketing
dc.subjectMarketing plan
dc.subjectService marketing
dc.subjectProbate
dc.titleMarketing Plan for an Online Business: A Case Studypor
dc.typeconference paper
dspace.entity.typePublication
oaire.awardTitleApplied Management Research Unit
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04752%2F2020/PT
oaire.citation.endPage110
oaire.citation.startPage101
oaire.citation.title11th World Conference on Information Systems and Technologies, WorldCIST 2023
oaire.fundingStream6817 - DCRRNI ID
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameCardim
person.givenNameSofia
person.identifier.ciencia-id671A-C409-26B3
person.identifier.orcid0000-0002-7506-5111
person.identifier.ridHPG-9403-2023
person.identifier.scopus-author-id57202945821
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
relation.isAuthorOfPublicationcd103df1-5eae-40c0-8560-15f035949f95
relation.isAuthorOfPublication.latestForDiscoverycd103df1-5eae-40c0-8560-15f035949f95
relation.isProjectOfPublicationdb81737a-fcb8-4cd9-b025-f7465790c52b
relation.isProjectOfPublication.latestForDiscoverydb81737a-fcb8-4cd9-b025-f7465790c52b

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