Question: Assignment 1 The objective of this assignment is to analyse the product marketing strategy of a FMCG ( L ' Or al ) A French
Assignment
The objective of this assignment is to analyse the product marketing strategy of a FMCG LOral A French cosmetics and beauty company. Carry out an audit of the organisation that sells that product; analyse the marketing strategy.
you need to research, as carefully as possible, the business environment that the organisation manufactures
you then need to analyse the current product marketing strategy.
In addition. you need to compare the two companies provide similar products,
so you have to compare LOral company with nivea company
what segments they target?
how they position their product?
consumer behaviour?
and especially online developments?
digital marketing strategies?
build your analysis of the marketing strategy for cream product.
Your analysis must be balanced and supported by marketing literature marketing management, marketing planning, marketing audits, consumer behaviour trends, segmentationtargeting positioning and the marketing mix;
While marking your assignment we will be looking for evidence demonstrating how well you have addressed the marketing analysis.
The following part explains the structure and key points you should consider in preparing your assignment:
Introduction
Main body of your work where key issues are addressed.
Refer to the Marketing Plan Template.
You need to carry out some secondary research on your area of study to understand the company. the environment within which it is operating and the specific product.
Having carried out this work you should then be able to produce your product specific marketing analysis based on the following frameworks:
PESTLE including the relevance to your analysis;
SWOT analysis and remember that you should complete the PESTLE first, as consideration of this will help you to identify your SWOT. Competitor analysis could be considered if appropriate, but the focus should be on the external environment, PESTLE, and the internal SWOT and the relevance to your analysis;
Consider enhancing the points above with more marketing audits frameworks;
Discuss market segmentation, what segments are targeted and why, and how the product is positioned STP
Detail some aspects of Consumer Behaviour relating to your specific product;
Analyse the Marketing Mix Ps model
provide relevant examples based on the International or Omani situation.
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