Question: Background: Try your hand at thinking like a marketer. The objective of this assignment is to think about what may be involved in marketing a
Background: Try your hand at thinking like a marketer. The objective of this assignment is to think about what may be involved in marketing a product. You should develop plans that address the major variables in the marketing mix product place, promotion, price This activity will emphasize that marketing is not just selling and advertising. Marketing actually drives production!
Assume you have just purchased a bicycle factory that has been shut down for the last few years. The automated equipment and computer system are in excellent shape, the personnel needed to run the factory are readily available, and capital and operational financing is in place. From a production standpoint, you are ready to go But are you? Before jumping into production, what information do you need? What questions need to be asked? What plans need to be made? Which of these plans are productionrelated activities, and which are marketingrelated activities?
Instructions: Develop a list of suggested questions that need to be considered BEFORE making a bicycle. Each of your questions should address various marketing issues and reflect the functional need for and responsibility of marketing within an organization. Make sure all of your questions are marketingrelated focused on finding out what the customer wants and not product or productionoriented company focused
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