| dc.description.abstract |
The internship report on “An Internship report to analyze the Sales and Marketing
of Walton. Walton is a leading brand in the consumer electronics industry and the home
appliance industry in Bangladesh. Using market segmentation, targeting, positioning,
and the marketing mix as its main focus, the study explores into the inner workings of
Walton's sales and marketing operations. Finding problem areas and offering solutions
based on the results is the objective.
The report begins with a review of Walton's sales tactics, focusing on the company's
initiatives to increase its share of the local and global markets. Although Walton has
accomplished a great deal, there are still obstacles to overcome, such as inconsistent
customer-centric sales strategies and low market penetration in certain areas.
The report then examines Walton STP framework, which stands for segmentation,
targeting, and positioning. Walton successfully divides the market into income,
geographic, and preference subsets, but the company's targeting tactics and brand
positioning aren't unique enough to compete in premium and global markets, according
to the report.
The marketing mix analysis reviews Walton's pricing strategies, promotional campaigns,
distribution channels, and product portfolio. Despite the company's competitive pricing
and diversified product line, its capacity to fully capitalize on market opportunities is
impeded by deficiencies in digital marketing, e-commerce integration, and product
differentiation.
The report provides strategic recommendations to improve Walton performance in
accordance with these discoveries. These include the following: the enhancement of
brand positioning through the development of clear value propositions, the
diversification of product offerings to satisfy the precise requirements of the market, the
reinforcement of digital marketing and e-commerce platforms, and the investment in
advanced customer relationship management (CRM) systems. Additionally, the
company is refining its sales strategies to better align with customer needs. |
en_US |