Creation of a marketing plan for a product

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Reference no: EM132356774

Purpose of the assessment (with ULO Mapping)

This assignment requires your group to undertake the process of analysing one organisation and its operating environments from a marketing perspective. And then apply the learning from lecture 1-9 in the development of marketing strategy. You will provide an overview of this organisation, as well as detail the type of orientation towards marketing it takes. You are also required to examine and analyse the context and environments in which this organisation operates (its industry and the macro-environmental forces impacting on the industry).

Semester-Long Marketing Plan Project

An effective way to help students learn about marketing management is through the actual creation of a marketing plan for a product or service. This project is designed to accomplish such a task.

Dividing the class into groups (4 students in one group), have each group decide on a consumer product or service they wish to bring to market. It can be an existing product/service or they can create a new product/service.

During the course of the semester, each of the elements of the marketing plan, coordinating with the text chapter, will be due for the lecturer's review. The lecturer is encouraged to review each submission and suggest areas for improvement, for more detailed study, or if acceptable to allow the students to proceed to the next phase in development. At the end of the semester, each group is to present their entire marketing plan to the class.

Group assignment needs to be done by follow some requirements:

- All the academic papers that are used in the assignment need to be on BB by using File Exchange tool (Instruction in page 7, for further question, please advise your lecturer)

- All the discussion about group assignment needs to be recorded by using Group Discussion tools (Instruction in page 8, for further question, please advise your lecturer)

Verified Expert

It was a 3500 words research paper consisting of 3 parts. The parts included 3 reports and 2 powerpoint presentations. We had to choose 1 topic from Wooden alarm clock & Smart personal air cooler. We chose Smart Personal Air cooler to do our research. We have created a complete Marketing plan including competitions and Strategy in the report and the presentation was created based on the same marketing plan.

Reference no: EM132356774

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Reviews

len2356774

8/12/2019 11:33:19 PM

Wooden alarm clock Smart personal air cooler Any one from this topic Nd it should not be professional Look like made by student Choose marketing management book 15th global edition as well You have all the details to access proquest Nd plz use that details only for me Not for others

len2356774

8/12/2019 11:32:33 PM

- Consumer-adoption process for their new product. How will the consumer learn about their new product and how quickly will they adopt it? Will the product be targeted to the heavy users and early adopters first, then early and late majorities? What is their estimated time for full adoption? - Pricing strategy decisions for their product/service. Students have addressed all or most of the material concerning pricing covered in week 8. - Students should be directed to turn in their retailing, wholesaling, and logistical marketing plans. Those students who are acting in the role of providing a new “service” should include here their plans for locations, hours of operations, and how their “service” plans on managing demand and capacity issues.

len2356774

8/12/2019 11:32:28 PM

9 Integrated marketing channels and The second task: the second report The report needs to be submitted on BB by 5pm distribution system Weight: 10% = 10 marks. Friday of week 9 Word count: 1500 words (+/- 10%) for the report Due date: 5pm Friday Week 9 Requirement: In week 9, students need to submit a report indicates: - Product or service’s brand positioning - Who are the market leaders for their chosen product or service? What niche have they identified for their product/service? Is their product or service going to be a leader, follower, or challenger to well-established products or brands?

len2356774

8/12/2019 11:32:01 PM

6 Brand Positioning and Brand Equity The first task: the first report and the first presentation Weight: 10% = 10 marks. 10% for the report, no mark for presentation. Word count: 1000 words (+/- 10%) for the report Length: 10 minutes for presentation /each group. All students in the group have to present. Due date: 5pm Friday Week 6 for the report. Presentation can be done in tutorial time of week 5 and 6. Requirement: For the report: Students need to provide all of these information below: - Identify product or service they want to select. It can be an existing product/service or they can create a new product/service. - Competitive information - Environmental scanning. - Demand forecasted - Specific market segmentation, targeting, and positioning statements

len2356774

8/12/2019 11:31:40 PM

Word limit - Report 1: 1000 words, 10 minutes’ presentation - Report 2: 1500 words - Report 3: 1000 words and 10 minutes’ presentation Due Date - Report 1: 5pm Friday Week 6, Presentation 1: Tutorial time Week 5 and 6 - Report 2: 5pm Friday Week 9 - Report 3: 5pm Friday Week 11, Presentation 2 Tutorial time Week 11 and 12 Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. • The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. • Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.

len2356774

8/12/2019 11:31:35 PM

Weight 40 % of the total assessments: - Report 1: 10%, no mark for Presentation 1 - Report 2: 10% - Report 3: 10% , Presentation 2: 10% Total Marks 40 marks: - Report 1: 10 marks, no mark for Presentation 1 - Report 2: 10 marks - Report 3: 10 marks, Presentation 2: 10 marks

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