Reference no: EM132298475
Your first assignment is to write a business memorandum (memo) about strategic marketing. You will write the memo in a similar format to this, using as much creativity as you like with the layout while still meeting the style requirements of a business memo.
Consider a working environment. It could be an organization of your interest, an organization where you have worked, or a fictional organization (e.g., a startup company). Think about the role of marketing in the organization and a product or service the organization currently offers. Now, think about strategies the organization is pursuing to market this product or service:
? What is (are) the target market(s)?
? Apply any one of the following frameworks to analyze/propose the marketing strategies.
o Porter’s Five Forces
o S.W.O.T.
o Cost Leadership/Differentiation/Focus
o BCG Growth-share Matrix
o Ansoff’s Opportunity Matrix
? Propose a S.M.A.R.T marketing objective for the 1st quarter of 2019.
? Identify one environmental force that matters the most for the marketing campaign.
Using the questions above to guide your thinking, write a memo of 500-600 words detailing the current marketing strategies of your chosen organization. The memo needs to meet these expectations:
1) No more than two pages of single-spaced text using a 12 point readable font;
2) Directly address the questions presented;
3) Ensure that your writing is coherent and clear.
Your memo may benefit from keeping the following suggestions in mind:
? Proofread and edit your work;
? Be concise and honor the stated page limitations;
? Do not use phrases such as “I feel,” “I think,” “I believe” and “in my opinion.” These phrases weaken your impact and message;
? Avoid using unnecessary words such as “really” and “very” that do not add value.
? Avoid lists and, instead, use bullet points after they are “introduced” with text, such as how this list is presented.