Question: This assignment is very much like the discussion exercises from prior weeks, but in this case you get to choose your own commercial (or commercials

This assignment is very much like the discussion exercises from prior weeks, but in this case you get to choose your own commercial (or commercials if you think it is warranted for your analysis as in the case of using Chevrolet for the exercise leading up to this assignment).

In choosing your commercial(s), it does NOT have to be for a single company, but could be for a particular brand within a company. In other words, looking at the example we covered, Chevrolet is owned by General Motors (GM), which will have its own overall strategy. However, Chevrolet will have a different target market (and therefore a different marketing strategy) than Cadillac (another GM brand). Plus, it is conceptually easier to analyze a brand than a big company with multiple brands. That said, some companies have feel good commercials that try to convey their overall image as it relates to various bigger societal issues (such as the environmentbut there are many others) as they see the strategic value in being perceived as leaders from a corporate social responsibility issues. The Body Shop and its VERY strong stance against animal testing would be an example, presuming they came out with a commercial that conveyed this message. Another example is the Royal Bank's "Make 150 Count".

So, in choosing your commercial, make sure you can address the following:

What is the companys marketing strategy? In answering, consider the concepts discussed in the lectures and textbook, such as what you think the target market is, where you believe they are trying to position themselves in the market, what is their value proposition, is the marketing message in the commercial consistent with the message they are trying to convey through other forms of marketing (i.e. promotions, in store displays, etc.) and/or across their commercials (the latter applying only if you choose to analyze a series of commercials) , etc.

Do they focus on tangible features or intangibles (such as emotions, status, etc.) or some combination thereof? Do you believe this is the right focus? Why or why not? If the focus is on tangible features do you think they should change to intangibles, and vice versa? And if they have a more hybrid approach, would you change it, and if so how?

Based upon your preceding analysis, develop what do you believe is the strategy of the brand/company and its Mission Statement. Be sure to explain your strategy by referencing back to your analysis. Remember that a brands/companys mission, overall strategy, and marketing strategy and execution MUST be in alignment if the brand/company is to be successful.

Please note that one would have no idea what any particular companys or brands strategy is as they dont share it with the public (for obvious reasons) so this assignment is not about a right or wrong answer. It is about working backwards from a commercial to develop a mission statement and strategy that you believe, and more importantly can justify, is in alignment with their commercial(s). As such, a well thought out cohesive analysis that makes sense is expected.

I need a hlep with this assignment. I need

  • 4-7 pages (8.5x11 size) in length, double spaced, 12 point font
  • cite your research sources using APA or MLA format

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!