Question: Submit a 2 - 3 - page paper in which you start to build the marketing plan for your smartwatch company in the wearable industry.
Submit a page paper in which you start to build the marketing plan for your smartwatch company in the wearable industry. This paper will include four sections: your smartwatch company introduction, the marketing mix, the SWOT analysis chart, and the summary. Your paper needs to be in APA format and include a title page and a reference list.
Section : Smartwatch Company Introduction paragraphs
Identify which option you have chosen.
Create a companybrand name.
Describe the company and the product.
Define the product and add one feature unavailable on the market today.
Explain how you will differentiate your product and brand from other smartwatch companies.
Section : The Ps paragraphs
Identify marketing strategies you will use and provide your rationale. Remember the longterm plan's strategy, which includes achieving a competitive edge in the market.
Outline the Ps product price, place, promotion and explain how you would use each to inform your marketing strategy.
Consider looking at Product product design, durability, and customization; Priceadopting competitive pricing strategies and promotional tactics; Distribution selecting distribution channels, expanding geographic coverage, and promoting channel relationships; and Promotion implementing advertising, public relations, and sales promotion campaigns to achieve your smartwatch companys objectives.
Section : SWOT include SWOT chart image and SWOT Summary paragraphs
Build a SWOT chart for your smartwatch company that includes the Strengths, Weaknesses, Opportunities, and Threats that the company should consider.
Describe how your smartwatch company will use the SWOT information to develop marketing strategies and activities. Explain your rationale with examples.
Section : Smartwatch Company Summary paragraphs
Explain the importance of aligning brand identity with the unique selling propositions USPs in creating the smartwatch company.
Describe how the smartwatch company would communicate the rationale behind your marketing strategy for the smartwatch company.
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