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Describe developing marketing strategy for a new product

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Reference no: EM1333519

Describe Developing Marketing Strategy for a New Product

Create a product or service (do not choose an existing brand) OR select a product or service from the following list: cell phone, video game, motorcycle, perfume, hair salon, toothpaste, website design consulting business, online dating service, auto body shop.

Using the course resources, develop an environmental analysis, marketing strategy, and marketing mix for this product.
Consider if your selected product is affected by environmental factors (Political, Economic, Socio-cultural, Technological, Competitive). If so, how?

Include a description of the target market and positioning (how customers perceive your product or service). Include a detailed overview of each element of the marketing mix (product, price, distribution, and marketing communications).

Reference no: EM1333519

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