Question: PART THREE - WEEKS NINE THROUGH FOURTEEN BOTTOM LINE: FIVE PAGE PAPER RECOMMENDATIONS Read chapters 10-17. The 2nd half of the course digs into the
PART THREE - WEEKS NINE THROUGH FOURTEEN
BOTTOM LINE: FIVE PAGE PAPER
RECOMMENDATIONS
Read chapters 10-17.
The 2nd half of the course digs into the 4P's in more depth.
So, again, consider your client's marketing challenges.
STEP 6: Write a paper that outlines your client's business and issues, as well as new ideas for the client; your paper should have at least three solid recommendations for change. These should be clear and concrete, not vague or unrealistic.
Page 1 - Product (chapters 10 and 11)
Some PRODUCT recommendations:
- Modifying existing products (new feature or line extension) OR new product ideas
- Ideas for partnering with other businesses that have related or complementary products or services (cross promotion)
Page 2 - Price and Place (chapters 12 -14)
Some PRICE / PLACE recommendations:
- Create a new pricing model (e.g. student discount or bundling, BOGO, etc.)
- Idea(s) for new venues for product sales (to reach existing or new customers)
- Idea for an event for customers or prospective customers, with a press release
Pages 3 and 4 - Promotion (chapters 15-17)
Some PROMOTION recommendations:
- Create ideas and artwork for promotional pieces (ads, coupons, or similar) for mailers (e.g. ValPak)
- Create a social media campaign with sample social media posts to attract / retain customers
- Create brochure, newsletter, or other materials to send to existing or new customers
- Design a new logo and / or tagline (consider brand identity)
Note: these recommendations may require additional deliverable (e.g. coupon, brochure) be sent with your paper.
Page 5 - Reflection and owner response
Again, these do not need to be full pages as long as you say what you need to.
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