Marketing Strategy Prince Sports

Question Description

Prince Sports is looking to increase sales of it tennis products and gain market share in both the domestic and international markets. Your marketing firm has been retained to assist the company in developing a marketing plan to achieve its’ directional strategy. The following should be taken into consideration prior to constructing the plan: 21st century trends in the environmental forces (social, economic, technological, competitive, and regulatory) that work for and work against the success of Prince Sports in the tennis industry; possible promotional activities the company can use to reach recreational and junior players; actions Prince Sports can take to gain broader distribution and sales in mass merchandisers and specialty tennis shops; and criteria for selecting countries and actions Prince can undertake to reach these foreign markets.

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