Question: Project Scope: Please prepare a formal marketing plan by identifying an existing or new product or service from a company of your choice or a
Project Scope: Please prepare a formal marketing plan by identifying an existing or
new product or service from a company of your choice or a startup that you may wish to pursue. In the marketing plan, you will provide details on your productservice launch which will include a market analysis of your target audience, you will research the market environment. Your marketing plan will be based on the description of your market opportunity, product, pricing, and distribution strategy as well as how you propose to market your product. Each group will consist of Five members and
each group must appoint a group leader. The business in question can be:
A real business for which you may or may not be employed or contracted or the owner
A business that does not exist yet, but the student proposes to setup
A fictitious business of your choice.
Required
Email
Student Name:
Student ID:
Part A: Written Report
Grading: The Marketing Plan is marked
out of and constitutes of your final course mark.
DUE DATE: November There will be a group presentation for this project
Submission Format
Please submit your Project report Marketing Plan in a
PDF Format
using the Google Classroom drop box including all Appendices and supporting documents.
The title page must contain:
a The
name of the company Your Company Name
b The
Product or Service
c The Course Title Introduction to Marketing II
d Professor Name
e Group
Name & Group Number
f
Date
The acceptable fonts are Times
New Roman No smaller than pt and Ariel
No Smaller than pt Line spacing must be
Page Count
The
Marketing Plan MUST NOT exceed pages Excluding title page, table of contents
and appendices Marks will be
deducted if the written portion of your assignment exceeds pages.
Project Guidelines
When
writing your assignments, I will be looking for several things, which
you should keep in mind when developing your project:
Please provide data from your sources in your sections and cite them as per requirements.
The report must be structured in line with the Evaluation Criteria outlined below.
Evaluation Criteria
Part A: Written Report
Executive Summary Marks Summarize the content of your plan and the important
aspects. One page is sufficient. An executive summary should be a standalone recap of the major elements of your report, and should, on its
own, provide the reader with a solid
understanding of the highlights and recommendations of the paper. An executive
summary is NOT an introduction.
Market Analysis Marks In this section I need a brief discussion on
the overall market you are targeting. You will discuss your segmentation of the market
by breaking your target market into segment groups, needs by segment and market potential. Also please discuss the environment you are targeting by looking at the technology and society as a whole.
Description of Market Opportunity Marks Please research and discuss the need
for your product or service, market
potential and overall product concept.
Product Strategy Marks Please discuss your product strategy,
objectives of product, product features, product quality and service strategy as well as your
competitive positioning and advantage of your product.
Pricing Strategy Marks How do you propose to price your productService Will you
use skimmingpenetration pricing, what will your product cost be fixedvariable cost and potential
profit margin.
Distribution Strategy Marks What channels of distribution will you use to distribute your product ex Dealers,
retailers etc. Will you use comarketing arrangements, what are some of the costs to your distribution strategy and show me a flow chart
from your company to the end user.
Marketing Communications and
Promotional Strategies Marks Please discuss your overall promotional strategies which include advertising, personal selling
which may include sales programs,
incentives and support. Also please discuss any sales promotions you may use to get more customers etc.
Conclusion and Action Plan
Marks Please write up a conclusion with your final thoughts and action plan.
Overall Format of the Marketing Plan Marks
a
Pay attention to spelling and grammar. The plan must be clear and not lead to confusion.
b When using statistics or information from outside sources,
please site as per APA requirements.
c
The occasional use of pictures, tables or graphs is recommended
for illustration purposes and helps with the visual make it according to the questions that contain pages and give the unique name of our company and our products are shoes are company sell shoes give full detail of all the questions and make a proper format
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
