Reference no: EM13723021

Select a small business in your local community. All of your Individual Projects in the class will be focused on this business, choose carefully. You are an account executive for a local advertising agency, and this will be your new client. You will be developing an IMC program for this business over the next five weeks.

The first step in the IMC program is to conduct a situation analysis which focuses on the internal and external factors that influence or are relevant to the development of the promotional program.

Part 1: Situation Analysis (Internal Analysis)

Research the company (in person interview, Web sources, etc.)

Product/Service Overview - strengths, weaknesses

Current positioning in the market

Target Market

Current marketing efforts (traditional, interactive, etc.), messages & effectiveness

This section of the paper should be 1 page in length and uses research from the company's Web site, local news media and interviews. An interview will not appear on the reference. The APA format for an in-text citation is: (B. Obama, personal communication, January 2, 2012).

Part 2: Competition

Research the Competition. Select at least three competitive products/companies

Product/Service overview - Strengths/weaknesses

Positioning in the market

Target Market of Competitors

Current marketing efforts (traditional interactive, etc.), messages, and effectiveness

This section of the paper should be 2 pages in length and uses research from the companies' Web sites, local news media and interviews. You may also conduct a focus group if you wish. An interview will not appear on the reference.

Part 3: Marketing Environment

Research the marketing environment and identify possible opportunities and/or threats that can affect your promotional program. Analyze why.

Demographic

Economic

Technological

Social/Cultural