Explain the marketing planning process

Assignment Help Marketing Research
Reference no: EM131139659 , Length:

Assignment Brief

Introduction

To cover all the learning outcomes you must attempt all the tasks. Failure to attempt all the tasks will result in a referral. To ensure good academic practice at postgraduate level you must reference all your citations, in the text, in the Harvard format (see the programme's student handbook for more information). All references, in the text, must be listed on a reference page at the end of the assignment, but before any appendices.

Format your assignment by answering each task in turn, labelling each task, and subtask, with the appropriate number and letter. Please remember to put your name and student number on the assignment.

After completing the Marketing Principles module you should be able to:

- Understand the concept and process of marketing

- Use the concepts of segmentation, targeting and positioning

- Understand the individual elements of the extended marketing mix

- Use the marketing mix in different contexts

Assignment Task

The assignment is in two parts:

PART A is to be submitted for final assessment with Part B (i.e. in ONE document containing PARTS A & B) on 28 September 2015.

In order to assist with your learning and to give you some early feedback you are encouraged to submit a draft of your FULL ANSWERS to Part Aand / or an OUTLINE / PLAN of your answers to PART B to your tutor. You are then able to alter your workaccordingly after receiving feedback and before the final submission.

This is optional and does not contribute to the grading for the module and whether you do this or not you must still submit Part A with Part B i.e. in one MS Word document, on28 September 2015.

If you do decide to complete either, or both, of the ‘drafts' then, in order to receive timely feedback,they must be emailed to the module tutor by 13 August 2015latest.You can email the drafts/s to your tutor earlier if you are ready to but please ensure that you have worked through the learning materials BEFORE you put any draft work / assignment plan together.

The tutor's email address can be found on the module page on ilearn and you will receive feedback within seven working days.

PART A

In Unit 3 of the ilearn learning materials you will have discovered the basis of the 4Ps (the basic marketing mix) as well as the ‘extended' 7Ps. This initial short assignment task gives you an opportunity to apply it and to receive some early feedback from your tutor.

You should identify two similar products with similar basic product features that aim at different CONSUMER (4.1)market segments. You do not need to concern about where the product was developed and made. It can be made locally or imported. For example you might compare a shampoo formulated for baby that can be used by adults and a shampoo formulated for women who suffering from hair loss. You should then use the table format shown below to illustrate, analyseand explainhow the two businesses use each of the elements of the marketing mix for the products/services that you have selected.

(You should try to use 2 x academic sources (one of which must be the core e-text recommended for the course) as well as 2 x non-academic sources (e.g. magazine article, website)in your answer to PART A ensuring to reference their source correctly - this will allow for a better balance of theory / practice in your writing which is key to a good grade.)

PART B

Scenario -Introducing a smart phone to your local market

You are the marketing manager of a well-known international smart phone designer and manufacturer. You are tasked to lead a newly designed Android based state-of the-art smart phone launch to your local market. The product has a lot of new features and functions that other competing Android based smart phones cannot offer.

You are required to prepare a marketing proposal to your business head highlighting the market competitive situation, customer characteristics and proposed marketing strategies for the product to the targeted consumer groups of your choice. You are to submit your report on TBA.

Your report should cover the following:

Task 1: Marketing Context (approx. 800 words)

- Explain the marketing planning process and argue"marketing oriented approach"for the smart phone product

- Outline some of the macro i.e. external (e.g. PESTLE) and micro i.e. internal (e.g. SWOT) factors for the smart phone company to consider when making marketing decisions

Task 2: Segmentation, Targeting and Positioning (approx. 1000 words)

Consider the new smart phone

Explain and propose segmentation criteria for new smart phone product for two different markets (e.g. using the approach of behaviour segmentation, benefit segmentation, demographic segmentation, or psychographic segmentation)(Assessment Criteria 2.2)

- Use examples from the two markets used in the above answer to demonstrate how buyer behaviour affects marketing activities in the different buying situations.

- Propose a suitable targeting strategy and positioning for smart phone product.

Task 3: Marketing Mix / Marketing mix in different contexts (approx. 700 words)

- Plan the marketing mix (including all 7Ps) for the smart phone in BOTH consumer and business markets - this will help you to illustrate the differences that the smart phone might have to consider when marketing smart phone productto businessesrather than consumers.

- Discuss and show how and why the smart phonemight have to adapt the marketing mix if they were to also offer the new product to an international market.

Verified Expert

The solution is a 4000 words marketing assignment which has two parts. Part A consist of describing the marketing mix and comparing the mix of two products which are similar in nature but are aimed for different segments. The Part B describes the marketing plan of a smart phone company. The solution has been prepared with the Harvard referencing system.

Reference no: EM131139659

Questions Cloud

When should we use the t distribution : Define "Type I error" in your own words. When should we use the t distribution? How do we find the degrees of freedom when using the t-distribution to estimate or test the mean of a sample from a single population..
Write a paper on given topic : Develop a paper in which you formally up your findings. - Specific Hypothesis. - Applicable Concepts.- Practical Implications.- Evidence.- Conclusions.
Dismiss the suit based on the doctrine of sovereign immunity : Sovereign Immunity. Taconic Plastics, Ltd., is a manu-facturer incorporated in Ireland with its principal place of business in New York. The defendant files a motion to dismiss the suit based on the doctrine of sovereign immunity. Under what circumst..
How would you define a vulnerable population : How would you define a vulnerable population? What barriers may prevent these groups from obtaining needed services? What experiences have you had with vulnerable groups in your own life?
Explain the marketing planning process : Explain the marketing planning process and argue"marketing oriented approach"for the smart phone product - Explain and propose segmentation criteria for new smart phone product
Recommend action that you could take regarding supply chain : Imagine that you are a Chief Financial Officer (CFO) of a company. Recommend two actions that you could take regarding the company's supply chain to reduce manufacturing costs of direct materials.
Fulfill requirements for diezepamum-ibuprofen-hydrochloride : A patient is required to have at least 60 milligrams of nifeldipin, at least 1100 micrograms of hydrochloride, at most 1000 micrograms of diezepamum, and at least 31 milligram of ibupro- fen daily. How many grams of Vianol and Gantric should be taken..
Characterize the spe of this game under strategic voting : Suppose the following dynamic voting protocol is in effect: first, there is a vote between a and b; then the winner goes against c; and the winner of this contest will be implemented. Focus on SPE where voters do not use "weakly dominated" strateg..

Reviews

oss1139659

8/25/2016 6:05:11 AM

1. For comparison of 2 products: you should provide specific product details and its uniqueness. The current content carries unlimited relevancy. Place is not clearly and specifically discussion and provide examples of channels. 2. No discussion of “marketing oriented approach” . please add with detail discussion. 3. PESTLE and SWOT are incomplete. Many missing items and no justification/elaboration found. 4. No definition of Segmentation. Segmentation is weakly discussed. No justification. 5. No definition of positioning and no justification of the chosen way. 6. All task 3 discussion is conceptual and vague. Redo with specific recommendation.

oss1139659

8/25/2016 6:03:11 AM

i requested draft version of Part A and Part B seems you completed full answers in draft solution. and this contains only part A, would you pls share draft answers for part B so i can share with professor for feedback.

sha1139659

8/19/2016 5:24:04 AM

team, Need your help on this assignment, as done earlier i would need a draft of FULL ANSWERS to Part A and / or an OUTLINE / PLAN of answers to PART B . Pls go through assignment requirements and criteria and let me know your comments., i know you go with word limit but i'd request you to keep it around economical. Pls consider and i'll make payment by then. Pls carefull read the assessment criteria for passing and prepare accordingly.

Write a Review

Marketing Research Questions & Answers

  Associate the features of audience, purpose and text

Explain the reason for selecting topic three (3), identify the audience, and provide a preliminary thesis statement.

  Examine sampling sample size and survey administration

The Marketing Research Presentation project provides you with a hands-on opportunity to work. In this project assignment, you have the opportunity to examine sampling, sample size, and survey administration.

  What is the optimal number of warehouses for the firm

Suppose that the current market size is 250,000 customers, spread out over an area of 600 square miles. What is the optimal number of warehouses for the firm to operate?

  What recreation facilities are offered

What recreation facilities are offered? What food service facilities are offered? What conference and meeting facilities are offered? How many attendees can be accommodated in each type of meeting facility?

  Research and describe internal and external environments of

write a 1050- to 1400-word paper in which you complete the following middot research and describe the internal

  How does the author measure their own success

Write in a formal, academic manner, you are the expert. Go to Canvas Files, open the folder, Helpful Resources and review the "No-No List," "Useful Verbs," the "Grading Rubric" and other documents.

  What are possible coordinated effects of vertical mergers

Should competition authorities prohibit vertical mergers that lead to higher input prices? What are possible coordinated effects of vertical mergers?

  Develop a marketing plan for a specialty bariatric facility

Develop a marketing plan for a NEW specialty bariatric facility that will operate in the Orlando, Florida area.

  Find an article that applies to the reading on brand channel

Find an article that applies to the reading on brand channels from this unit's readings and analyze the situation. Examples include channel changes, channel design, indirect channels, direct channels, and Internet strategies. Include a summary of ..

  How would the company use surveys

xplain, in at least 300 words, examples of when you would use a survey, experiment, and test marketing in research for the company. For example, if General Mills is launching a new cereal, how would the company use surveys

  Objectives regarding teaching research

In your university, professors likely have objectives regarding teaching, research, and service to the university. From your  perspective, what are the relative priorities of these three objectives? If you could, how would you change these priori..

  How would you create a strategic marketing research plan

You have been asked by senior management to identify new products or services to the marketplace. What kind of research would you conduct and how would you create a strategic marketing research plan.

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