Differentiation strategy in relation to closest competitor

Assignment Help HR Management
Reference no: EM131064413 , Length:

Assignment: Your Marketing Plan

To conclude your marketing plan, in Assignment 3, you will describe the company's, marketing strategy, implementation strategy, expansion plan, social media strategy, monitoring methods, and integrated marketing communication strategy.

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Write a six to seven (6-7) page paper in which you:

1. Develop the company's branding, pricing, and distribution strategy.

2. Classify the company's major competitors as inter- or intra-competitors. Categorize the competitors' major strengths and weaknesses.

3. Develop the differentiation strategy in relation to the closest competitor.

4. Establish whether the company's intention is to be a leader or follower within the industry.

5. Specify two (2) social media and / or media tools that you would use as you develop your plan. Justify each of your chosen tools.

6. Suggest the integrated marketing communications that are most relevant for your marketing plan. Relate each marketing communication to your company's advertising strategy.

7. Use at least five (5) academic resources that address sustainability and monitoring of effective marketing plans and determine the applicability for your hypothetical company. These resources should be industry specific and relate to your chosen product / service. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

- Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date.

The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

- Develop strategies to assess performance and achieve marketing goals.

- Develop pricing strategies and distribution channels for products.

- Analyze integrated marketing communications and its relationship to advertising strategy.

- Evaluate marketing research tools involved in the marketing process.

- Use technology and information resources to research issues in marketing management.

- Write clearly and concisely about marketing management using proper writing mechanics.

Verified Expert

Reference no: EM131064413

Questions Cloud

Section of the annual report for information : Using the annual report from the company LG, discuss the risks the company faces and the actions they take to mitigate those risks. Refer to the Management Discussion and Analysis section of the annual report for this information.
Cash flow statement for a company operating : What happens to the cash flow statement for a company operating on a calendar year when a sale is made in December but the firm isn't paid until the following January?
Take a mid-term test in statistics : Two students at a university were to take a mid-term test in statistics. The night before the test the two students went to a party in another town and did not get back to the university in time for the test. They gave as an excuse to the lecturer..
Sorts of games result in two losses and four wins : In tennis you win a game if you score four points before your opponent scores three points. Or, if you both score three points at some stage you win if you manage to score two points in a row after the three-all stage before your opponent does.
Differentiation strategy in relation to closest competitor : Develop the companys branding, pricing, and distribution strategy - Develop the differentiation strategy in relation to the closest competitor.
Swap bank in the interest swap : 1) Illustrate how Company A benefits from the use of interest rate swap. 2) Summarize the risks taken by the swap bank in the interest swap with Company B. 3) Is it feasible for the swap bank to customize an interest rate swap that provide a cost sav..
What standards used in your jurisdiction for a insanity plea : What are the specific laws and rules regarding the documentation of psychological services? What are the differences between the requirements for clinical work and the requirements for forensic work, if any?
The results of these independent studies : In re-examining the Attewell study, Elvik (2011) suggests that some earlier studies had not been included and therefore the analysis had ‘publication' bias, i.e. the researcher attaches more weight to positive outcomes than negative outcomes. Elvi..
Compare and contrast the major determinants of healthcare : Assess the efficiency of the types of economic incentives available to providers in the delivery of healthcare services in your own state.

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

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