Analyse the market situation related to identified product

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Reference no: EM132342240 , Length: word count:2000

Marketing Assignment - Interim: Written Report

Background - In this subject, you will be required to complete two separate but interconnected assignments in which you will:

1. Analyse the market situation related to an identified product/service/experience of an organisation (brand) with which you are familiar. Analyse and segment the market and recommend a target market providing a rationale for your selected target market. (interim assignment)

2. Analyse the identified target market (by way of developing a persona) and make recommendations with respect to the marketing mix (using the 7ps) for that product/service/experience ensuring that the marketing mix aligns with the customer persona (target market). (capstone assignment)

While you will not be preparing a marketing plan, you will be using the principles of marketing theory related to strategic and tactical marketing planning and applying them to practice.

Brief - In the interim assignment report, you are required to identify an organisation and focus on just one branded product/service/experience.

Start by providing adequate context of the selected organisation (brand). Then, based on various theories of marketing management as discussed in Topics 1-6 of the learning materials:

3. Analyse the current market situation, including trends impacting on the brand (organisation) and product/service/experience and relevant stakeholders, collaborators and/or competitors;

4. Select the most relevant way to segment the market; justify it and,

5. Provide justified recommendations for the selected target market.

Please use the following Template to prepare your report: Marketing Management Interim Assignment Template

In your analysis, ensure you also consider the comments made in the article: Marketing analysis toolkit: Situation analysis - Steenburgh, T & Avery, J 2010, 'Marketing analysis toolkit: Situation analysis', Harvard Business Review, February 4, Harvard Business School Publishing, Boston, MA. (Note: Chapter 3 of the textbook may also be a useful resource).

Report Structure:

  • Title page
  • Executive Summary
  • Table of Contents
  • Introduction
  • Background
  • Market Analysis
  • Market Segmentation
  • Target Market Recommendation
  • Conclusion
  • References
  • Appendices

Format: Written report 2000 words.

Reference no: EM132342240

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Reviews

len2342240

7/19/2019 9:54:10 PM

Grading criteria - Your written assignment will be marked according to the criteria outlined in the assessment grading criteria (see Appendix 1 in the Subject Outline). Requirements - The required word length for this report is 2000 words (plus or minus 10%). In terms of structure, presentation and style: use the AIB-preferred Microsoft Word settings (see AIB Style Guide), use author-date style referencing (which includes in-text citations and a reference list).

len2342240

7/19/2019 9:54:03 PM

You are required to use at least 6-12 academic references for this report. Your references should be from credible sources such as books, industry-related journals, magazines, company documents and academic journal articles. Ideally, relevant academic journal articles should be used for academic discussion. Your grade will be adversely affected if your assignment contains no/poor citations and/or reference list and if your assignment word length is beyond the allowed tolerance level (see Assessment Policy available on AIB website). The AIB library provides useful links to EBSCOHost, ProQuest ABI/INFORM, IBIS and MarketLine databases that may help you.

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