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• Assessment 2
Q&A
M A R K E T I N G S T R AT E G I E S
· Price: Houzit priced its products competitively and value for money for its
customers who expect high quality products. However, one of the main
differentiating factors for Houzit is that it offers a very attractive long term easy to
pay repayment plan.
· Product: The main characteristics of the products on offer include high quality,
unique items that stand out from low-priced mass-produced items and having a
large selection of products from which to choose from. The main products the
company sells include bathroom fittings, bedroom fittings, mirrors, decorative
items and lighting fixtures
M A R K E T I N G S T R AT E G I E S
· Place: Houzit sells all its products from its physical stores. It has 15 stores in
Brisbane and by 2020 it plans to setup 100 stores in all of the Australian cities.
O R G A N I S AT I O N A L O B J E C T I V E S
· Presently the value of total sales is $15 million. The objective is to increase it to
$20 million with in the next three years.
With investing time and resources on digital marketing, the brand awareness about
the organization will certainly raise. This helps in achieving the objective of being
recognised by 1 in 3 Brisbane residents with in three years. With increase in brand
awareness the goal of improving sales to $20 million could be easily achieved and
finally the customer loyalty membership will also increase as the number of new
people who visit the stores increase.
THANK YOU