Clearly identify the need for your marketing idea

Assignment Help Microeconomics
Reference no: EM131747673

ASSESSMENT AND PROJECT BRIEF: Principles of Marketing

Fashion brand dior

Word count: 2500 words

For this assessment, you will take on the role of an Independent Brand Consultant to identify and formalise a viable marketing proposal for a brand of your choice.

You then need to fully explore and research your chosen brand, then decide on a marketing campaign which will increase sales / increase customers.

Your report should be presented using SOSTAC.Consideringyour brand of choice, and the elements learnt throughout the unit, you will produce a professional report.

Situation analysis:

The brand audit must research your chosen brands current brand identity, sources of brand equity, all brand communication touch points and marketing activities and examine how these contribute to customer perception and consumers' experience. Please consider:

• A visual timeline illustrating key developments in products and brand identity over time
• Competitor analysis
• STP, Target consumer profile, visual &written
• USP: core values andcharacteristics
• Visual design and Aesthetics of the brand
• Marketing mix & productoffer
• Marketing communicationactivities
• Retailenvironment(if appropriate)
• Serviceexperience (if appropriate)
• Macro and micro research into economic, social and cultural trends through trend and market research data relevant to your brand and target market that identifies an opportunity for the brand extension or brand stretch
• SWOT

You must use brand models to support your research, and clearly identify the need for your marketing idea. Secondary research must be evidenced. Both qualitative and quantitative from databases (e.g. Mintel), trend prediction services (e.g. WGSN) must be used. Please identify and acknowledge all sourcesused.

Objectives:

SMART Objectives.

Strategy & Tactics:

The following should be considered, as appropriate:

• Brand
• Consumer
• Market
• Product
• Price
• Competition
• Place &Distribution / supply chain
• Retail
• Marketing communications

This section should not simply be subjective, but will need to clearly demonstrate your understanding of relevant management and branding theory as taught and contained in the reading list textbooks.

Action:

GANT chart of activities
Estimated budget

Control:
Evaluation of success

GUIDANCE ON STRUCTURE:
Below is suggested structure and content that you are expected to use for your Plan.

Title Sheet
Course title and year
Your name
Title of your Business Plan indicating your brand name

Executive Summary
Usually written last

200-250 words (excluding from report word count) on one page

A short summary of report including the main features, as well as conclusions & recommendations

Contents Page

Shows each section of the report and the page number on which it starts

List of tables/illustrations (if any) indicating all numbered tables (or charts, graphs, etc.) / illustrations and their respective pages in the report

NB: Page one comes immediately after the contents page or the list of tables/illustrations

Each section and sub-section is numbered, e.g.

I. Introduction
1.1
1.2

SOSTAC

Main body of the report, formatted in a logical way.

Your report should not simply be subjective, but will need to clearly demonstrate your understanding of relevant theory as taught and contained in the reading list text books.

May include diagrams, graphs and flow charts to help to convey your information concisely.

Appendices

Appendices should contain material/documents referred to in the main body of the report

They should be cross-referenced

Pages in the appendices do not need to be numbered, but each appendix should have a reference number, e.g. Appendix One
Refer the reader to the appropriate appendix by its reference number

For example, ‘Research by Mintel (see Appendix Three) shows that...'

References

Include all cited publication in the text. Should follow Harvard referencing

Reference no: EM131747673

Questions Cloud

Differentiate interest income from non-interest income : Differentiate interest income from non-interest income. Which, if any, is more significant for long-term health of banks (in your opinion)? Why?
The responsibilities the airline has to its customers : This is usually a short list of the responsibilities the airline has to its customers.
What is the possible range of values : What is the possible range of values for the Spearman rank-order correlation and how are these values interpreted?
Ways to assess one performance : Here are three ways to assess one's performance in high school: (1) GPA at graduation, (2) whether one graduated with honors
Clearly identify the need for your marketing idea : You must use brand models to support your research, and clearly identify the need for your marketing idea. Secondary research must be evidenced.
How many business class and economy class seats : How many business class and economy class seats would be sold at the break-even point
Moral and constitutional difference between policies : There is a moral and constitutional difference between policies that take into account the realities of America's troubled racial history.
Mean height of all lighthouses in france and england : Travel and Transportation Lighthouses are constructed to guide ships traveling in rocky waters and to allow sailing at night.
Factors that affect domestic food crop production : Given the technical and socio-economic factors that affect domestic and regional food crop production

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd