Develop a Marketing strategy in the Digital age

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Reference no: EM133803741 , Length: word count:4500

Assessment Brief

This assessment requires you to develop a Marketing strategy in the Digital age for a company of your choice, and critically appreciate their existing CSR and Ethical practices, identifying areas for further improvement and recommendan update to its CSR and ethical practices.

Topic - Cadbury dairy milk in Kunafa

The assessment is to be written in a report format. You are required to select a Company for which you will create a marketing strategy in the digital age for the next upcoming 12 months. The choice of company must be clear within the Introduction part of the report. You cannot create/choose a fictitious company. Once this step has been completed, you are then required to complete the following parts:

The Report is divided into three parts:
The first part requires you to choose a company of your own choice and create an effective Marketing strategy in the digital age, for the next upcoming 12 months.

The second part requires you to deliver a 5-minute Marketing Pitch to offer an overview of your marketing plan. The Marketing Pitch will be delivered in class on week 9.

And the third part requires you to critically evaluate the existing CSR and ethical practices of your chosen organisation and identify areas which need further improvement. Make recommendations of how company can incorporate sustainability and ethical practices.

Case Scenario: You are a marketing manager, for the chosen company and are required to create a new marketing strategy for a new product in Digital age for the next upcoming 12 months. You are expected to offer an introduction of your chosen company. Identify the new product for which you will be creating the marketing strategy. The strategy must be in line with the company's objectives and vision. Once you have done this, you are then expected to critically review the company's existing CSR and Ethical practices and offer recommendations around areas where they can further improve.

Part 1: Create an effective Marketing Strategy in Digital Age
- Introduction (350 words)
This part requires you to provide a brief background information of your chosen company. Relevant data and statistics can be provided in this section for the company. In this part you are required to create a proposed advertisement plan for a new fictious product. This has to be short and precise. Lastly, identify the medium on which the advertisement will be communicated.
You can use illustrations to show any possible advertisement. Only images, no videos.

- Segmentation and Targeting (500 words)
You are expected to provide an in-depth explanation of the Segmentation and Targeting process in this section. Identify the main relevant segments and chosen target market for which the advertisement is created for. Identify the targeting strategy which will be used to reach out to your chosen target market/markets.

- Positioning and Branding (800 words)
Identify the positioning and branding strategy taken on board. Discuss what kind of brand image is being created, how will the brand be positioned in the minds of the consumers. What basic/functional/utilitarian needs will be met? What is the differential position which will be adopted by the brand. Create a clear positioning statement. Make use of positioning map to identify your competitors and how they have positioned themselves in the minds of consumers. Choose your differential strategy. How will you create brand awareness online. What kind of brand personality would your brand reflect?Will the brand use any ambassadors/brand advocates to promote its product?Discussion must be backed up by justifications for chosen decisions.

- Communication Strategy(800 words)
Use this section to develop the chosen communication strategy. The evaluation can include the following points below:
- Which digital platform/platforms will be used?
- Is the digital platform used by the target market?
- Advantages/disadvantages of chosen medium
- How will the Key Message be successfully and effectively communicated?
- What is the purpose of the communication, (e.g cause-related, crisis management, brand awareness etc)?
- What type of appeal does the message have (functional, emotional moral)? What format will be used?
- What type of communication method is being recommended, e.g linear, interactive?
- Identify the online Value Proposition
This section should create a complete marketing plan for the digital age which incorporates all the key elements of designing an effective marketing strategy which is in line with the company's objectives and would help achieve its vision.

Part 2: Marketing Pitch
- 5-minute Marketing pitch to offer an overview of your Marketing Plan
You should deliver a 5-minute Marketing Pitch to offer an overview of your marketing plan.
Pitch must include:
• Brief introduction of the chosen company
• Details of the new product: Concise and compelling description of the product. Explain the key features, and the functional needs which the product meets. Unique selling point.
• Chosen target Market and targeting strategy: Identify the chosen target audience, consider developing a consumer profile. Identify the targeting strategy which will be taken onboard to reach out to chosen target audience.
• Competitor Analysis: comment on the current business environment and industry competition. Identify how your product differentiates from those offered by the competitors. Identify products key features, value and differential strategy that will help achieve competitive advantage.
• Marketing Strategy: Present your Marketing Strategy/plan, to reach out to your chosen target audience. Identify the digital channels and platforms you will use to reach to your target audience. Explain how you will create awareness, generate leads and convert them into customers.
• Conclusion: Summarize main points of the pitch, stressing on the key features of the product, emphasizing on the value and benefits of the product to the chosen audience. Reiterate the needs it would meet and gap it would fill in the market.
The Pitch should be presented on one A4 size page, aided with poster presentation. This will be presented in-class on week 9. Also it must be attached at the end of the report.

Part 3: CSR and Ethical Issues
- Ethical Issues (1200 words)
This relates to how ethical the company is. For this section of the assessment, you will have to critically assess the company's overall efforts in sustainability and ethical practises at present. Identify issues with existing practices, if any. Recommend how these CSR practices can be improved.
As a part of the assessment, you can also cover whether the products manufactured are ethically manufactured. If the products are recyclable at end of life and similar issues. Your Experts Are Ready - Hire Now!

Conclusion
- Overall Conclusion (350 words)
Clear and concise conclusion summarising the key points of the report without adding any new points.
Your answers should be supported by evidence from the data you collect through your research. Your answers should also show how you analysed the data you collected using the marketing theories and concepts, and corporate social responsibility concepts you are learning in this module.

- Structure, Presentation, Referencing
o Logical structure
o Consistency with the prescribed presentation format
- Text size 12
- 1.5 line spacing
o Correct and adequate amount of in-text citations
o Harvard referencing
o Writing quality i.e. critical and formal writing
o Use of Headings and Sub-Headings

Word Count - 4000 Words

Reference no: EM133803741

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Reviews

len3803741

12/16/2024 10:26:09 PM

In chapter 2 and 4 I want to add an introduction of chapter. Introduced the chapter And end of the chapter 2,3 and 4 I want conclusions of the that particular chapter separately. And finally end the whole report I want final conclusion that's it for now Part 2 if you want to change it then replace it. I made it just for my classroom marketing pitch And the product of the whole assignment is fictitious product. My one is Cadbury dairy milk in Kunafa

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