Friday, April 26, 2019
Marketing Plan for ServiKali - Start up business Thesis
Marketing Plan for ServiKali - Start up business - Thesis ExampleThis anomalous returns shall target raft who be settled afield from Columbia and want to send coin back home for various purposes.The stratus is that section of people who have their relative and friends settled abroad and stay in distant locations of Columbia. These people also do not have access to the net income or banking services.The paper carries issue secondary research analysis for the purpose of this survey. The product and the company are relatively new (Weiner, 2000). Other companies in the business of international cash transfer only bequeath for transfer and delivery of money. ServiKali aims to deliver services instead of money and put the business into a service perspective and give a new niche to its people. The paper makes use of journals, web and books for the purpose of carrying out this research activity.The total size of the market is difficult to estimate but it shall encompass anybody who is in engage of foreign remittance and some service associated with this money received. The total population of Columbia is 47.1 million people and the users of this service are spread out but mostly the older generation and those who are distantly located (Tradingeconomics. 2014). It is estimated that about 70% of the countrys population lives on 7% of the land land of Columbia (Tradingeconomics. 2014). The service provided by ServiKali is meant for the 30% distant and rurally located people (Tradingeconomics. 2014).The demand for money transfers is still untapped and stores a huge potential because the market for international money transfers has been restricted with banks alone. parvenu media for international monetary transactions is expected to have a higher demand.The company has an established scratch name and consumer acceptance in US. It has to invest largely in marketing efforts to create its brand experience in Columbia. Also,
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