Question: + + GROUP + REPORT + 2 0 0 0 + words You + are + required + to + demonstrate + a + comprehensive

++GROUP+REPORT+2000+words
You+are+required+to+demonstrate+a+comprehensive+understanding+of+fundamental+marketing+principles,+particularly+in+the+context+of+applying+the+4Ps+marketing+strategy+(Product,+Price,+Place,+and+Promotion)+to+a+real-world+business+scenario.+Through+this+analysis,+students+should+showcase+their+ability+to+apply+theoretical+concepts+to+practical+marketing+challenges+faced+by+the+selected+company.
In+you+group+report+you+are+expected+to:
1/+Select+a+Company:+
Choose+a+specific+company+to+focus+on.+This+could+be+a+well-known+brand+or+a+smaller+business,
2/+Research+the+Company:+Gather+information+about+the+chosen+company's+background,+products+or+services,+target+market,+pricing+strategies,+distribution+channels,+and+current+marketing+efforts.+This+research+may+involve+studying+the+company's+website,+annual+reports,+marketing+materials,+news+articles,+and+other+relevant+sources.
3/+Provide+an+overview+of+the+company:Provide+a+more+detailed+background+of+the+selected+company.+Include+information+such+as+its+history,+mission+statement,+target+market+and+the+information+you+have+found+in+the+previous+step.
4/+Apply+the+4P+Marketing+Strategy:+Analyse+how+the+company+utilises+the+four+elements+of+the+marketing+mix+(Product,+Price,+Place,+and+Promotion)+in+its+overall+marketing+strategy.+Assess+the+strengths+and+weaknesses+of+each+component+and+how+they+contribute+to+the+company's+market+positioning+and+competitive+advantage.
5/+Evaluate+Effectiveness:
Evaluate+the+effectiveness+of+the+company's+current+marketing+strategies+in+achieving+its+business+objectives.+Consider+factors+such+as+market+share,+customer+satisfaction,+brand+perception,+and+financial+performance.
6/+Identify+Opportunities+and+Challenges:
Identify+potential+opportunities+for+improvement+or+growth+within+each+aspect+of+the+4P+strategy.
This+may+involve+proposing+new+product+features+or+lines,+adjusting+pricing+strategies,+expanding+distribution+channels,+or+refining+promotional+tactics.
7/+Make+Recommendations:
Based+on+the+analysis+conducted,+provide+actionable+recommendations+for+enhancing+the+company's+marketing+efforts.+These+recommendations+should+be+well-supported+by+evidence+and+aligned+with+the+company's+goals+and+target+market.
8/+Draw+Conclusions:Reflect+on+the+key+insights+gained+from+the+research+and+analysis+process.+Summarise+the+main+findings+and+conclusions,+emphasising+the+importance+of+applying+the+4P+marketing+strategy+in+driving+business+success.
Your+report+must+include:
A+word+count+of+2000+words+(maximum).
References+from+textbook,+supporting+your+argument.
Correct+writing+structure.+Refer+to+the+Academic+Learning+Skills+handout+on+report+writing.
Harvard+referencing+for+any+sources+you+use.+Refer+to+the+Academic+Learning+Skills+
handout+on+Referencing.
A+minimum+of+5+academic+references+(including+the+text+book).
Write+a+report+2000+words

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