Discuss marketing strategy development phase of the process

Assignment Help Marketing Management
Reference no: EM132170208

Question: 10 slides 150 speaker notes

The board has called a meeting to see how the new product for MM is coming along. Michelle calls you about the meeting.

"I like your ideas for branding the product," she says. "I think the board wants an overview now of the whole process we are using for developing the new product. Can you do that?"

"Thanks for the comments about the branding strategy," you say. "I tried to be creative with my approach. I'd be glad to show the board the process we are using to develop the new product."

"Great," she says. "Why don't you do what you did last time? The 10-15 slides that you presented worked well in the 30-minute time slot."

"In the past I've done similar presentations and have a format that really works. The board has been very receptive to the flow of the information and I think it will work for us for this presentation too," she adds. "I'll instant message the information to you after our meeting. The flow might work for you also."

"Great," you respond. "I'll get started on this first thing in the morning."

When you get back to your office, the instant message from Michelle is on your screen. It reads:

These are the areas we need to cover in the presentation.

Idea generation

Idea screening

Concept development and testing

Marketing strategy development

Business analysis

Product development

Test marketing

Commercialization Be sure to include the information from our discussions on branding as part of the marketing strategy development phase of the process.

The materials found in the M.U.S.E. may help you with this assignment. Additional information is also provided in the Lessons From Experience found at the following link:

• The Language of Branding

For assistance with your assignment, please use your text, Web resources, and all course materials.

Reference no: EM132170208

Questions Cloud

What is the carrying amount of the bonds : On January 1, a company issued $507,000, 10-year, 7% bonds for $488,000 with interest payable semi-annually. What is the carrying amount of the bonds
What psychographic characteristics define your target market : What psychographic characteristics define your target market? How do these impact your marketing strategy? What behavioral characteristics are shared by your.
Analyzed the environmental situation : Now that you've analyzed the environmental situation and established who is in the target market, it is time for product development.
What is the minimum price that could be charged : The Beach Hut sells hotdogs for $2 each. What is the minimum price that could be charged for this special order
Discuss marketing strategy development phase of the process : Commercialization Be sure to include the information from our discussions on branding as part of the marketing strategy development phase of the process.
What is the debit balance of discount on bonds payable : On January 1, a company issued $717,000, 10-year, 9% bonds for $696,000, What is the debit balance of Discount on Bonds Payable after 3 full years
How many payments will the company make in the future : A company issued $2,100,000, 12-year, 7% bonds for $2,060,331, How many payments will the company make in the future to the bondholders
Product implementation in the organization : How did the testing affect the product implementation in the organization?
What is the adjusting entry on december : Bradford Construction Company accepts a $6,000 deposit to $40,000 renovation, What is the adjusting entry on December 31

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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