Question: This assignment is an exercise to develop creative skills. You need to design an innovative product / service ( preferable non - existent ) .

This assignment is an exercise to develop creative skills. You need to
design an innovative product/service (preferable non-existent).
Some guidelines for your assignment include:
1) Observe your surroundings, is there anything missing? Always dream
to have something?
2) Prepare a 4-5 page paper describing the marketing strategy for your
idea (product or service) including:
a. Marketing strategy must include:
i. Product description (including packaging) or service. You
can draw the idea, bring prototype, photos, etc.
ii. Promotion / Advertising
iii. Distribution strategy
iv. Price
3) Market? Who will buy this product and why?
4)4-5 PPT slides showing your idea.
5) Ethical considerations, if any
6) FUN activity!!!
Assignment: Please prepare a 4-5 page report and PPT slides explaining
the strategy. PLEASE email paper & slides before due date.
Goals and Objectives:
i. Level of performance desired by company
j. Where do we want to go?
k.6-8 goals maximum (representing key areas of success)
5) Expanded 4 Ps:
a. Product description (including packaging, brand)
b. Promotion / Advertising
c. Distribution strategy
d. Price (Cost or value based?)
e. Sales Process

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