What consumer need the product fills

Assignment Help Marketing Management
Reference no: EM131013515

The topic and product I selected is Microsoft Lumia

This is product is a smartphone developed by the Microsoft Corporation

Select a consumer product or service you wish to explore in this course. The product selected is the topic and product I selected is Microsoft Lumia

This is product is a smartphone developed by the Microsoft Corporation

You need to ensure that the product lends itself to multiple promotion mix tools. Therefore, products of large, well-known, publicly traded companies work best. You can select a brand instead of a specific product. Be sure you understand the difference before proceeding.

Do not assume that what you believe is true for the product is true for all members of the target market. Do your research and be unbiased in your analyses. Remember, a product can be a good, a service, or an idea, or a combination. Once your product choice has been approved, prepare a PowerPoint presentation for part 1 as follows:

1. Title slide-name of product, your name, date, course information, plus part 1 table of contents

2. Description of product, providing details on what consumer need the product fills, the physical description, any service components that come with it, as well as any after sales support such as guarantee, warranties or customer support, plus the other areas in the template.

3. Product's competitive position

4. Value proposition

5. Primary target market characteristics - ID 3 targets

6. Target market's buyer decision behavior

7. Brand strategy

8. Product life cycle stage & benefit analysis

9. Channel design (channel members and role) and distribution strategy (intensive, selective, or exclusive)

10. Communication objectives based on buyer-readiness stages. Note: objectives must be stated in measurable terms.

Use PowerPoint, Apa format and citation for reference page. 12 slides to 13 slides..

The topic and product I selected is Microsoft Lumia

This is product is a smartphone developed by the Microsoft Corporation and use the resources below to do the project and answer the question above.

Resources:

IDC (2015) Smartphone Vendor Market Share, 2015 Q2, International Data Corporation, Accessed on 19th March 2016 from https://www.idc.com/prodserv/smartphone-market-share.jsp

Judge, S. (2016) Smartphone market research, Accessed on 19th March 2016 from https://www.smartphonemarketresearch.com/

Mele, N. (2015) The Secret to Smartphone Marketing Is Still Email, Harvard Business Review, Accessed on 19th March 2016 from https://hbr.org/2015/11/the-secret-to-smartphone-marketing-is-still-email

Microsoft Inc. (2016) Lumia: Powerful smartphones that help you do more, Accessed on 19th March 2016 from https://www.microsoft.com/en/mobile/phones/lumia/#order_by=latest

Miller, R. & Bi, F. (2015) Here's how Microsoft's new Lumia phones stack up against the competition, The Verge, Accessed on 19th March 2016 from https://www.theverge.com/2015/10/6/9460815/microsoft-lumia-iphone-nexus-spec-feature-comparison

Reference no: EM131013515

Questions Cloud

What are the earnings per share and price-earnings ratio : Walker Machine Tools has 5 million shares of common stock outstanding. The current market price of Walker common stock is $42 per share rights-on. The company’s net income this year is $15 mil- lion. What are the earnings per share and price-earnings..
How ibm should develop portfolio of relationship strategies : Describe how IBM should develop a portfolio of relationship strategies to meet the needs of its diverse B2B customer groups. How might this be different than a company that services a B2C group
Stages of stars that are bigger than the sun : All stars have a life cycle. the stages of stars that are bigger than the sun?
Write a perl program that asks a user for a gene id : Write a Perl program that asks a user for a gene ID or accession number and returns the sequence that corresponds to that gene. Use a hash to accomplish this.
What consumer need the product fills : Description of product, providing details on what consumer need the product fills, the physical description, any service components that come with it, as well as any after sales support such as guarantee, warranties or customer support, plus the o..
Create a definition chart : Create a "Definition Chart" that defines learning disabilities and communication disorders, identifies characteristics and causes, and descril examples, effective teaching strategies and placement options.
Identify the inhibiting factors that are holding it back : Recommend strategic management decisions to overcome the barriers and implement efficiency measures within the agency.
Describe what would you do as a defensive strategy why : Conceptual Connection: Using the class discussion board, describe what would you do as a defensive strategy? Why
Which of the following explains why there is no month end : Which of the following explains why there is no Month end posting to controlling accounts in a computerized accounting system?a) Controlling accounts are the sum of the balance in the subsidiary. b) When transactions are entered, they are posted imme..

Reviews

Write a Review

Marketing Management Questions & Answers

  Identify a risk management process you would employ

Identify a risk management process you would employ to mitigate risks in regard to the given scenario along with a rationale (utilize contemporary and classical leadership theories in support)

  Case scenario: small supermarket chain

CASE SCENARIO: Small Supermarket Chain. Changing demographics have forced an owner of a small supermarket chain to reconsider its overall retail strategy. Originally, the trading area served by the chain had a high concentration of older shoppers

  Prepare presentation about audi strategic business planning

Prepare presentation about audi's strategic business planning

  What challenges will you face

Discuss any previous experience you have had with strategic planning. How will your experience help you in working with your team to build a successful marketing division? What challenges will you face

  Explain why is it important to keep abreast of technology

Explain Why is it important to keep abreast of technology trends when running an eBusiness and Why is benchmarking an important activity in the analysis of eBusiness Web sites

  What were the group norms before and after the retreat did

1q. what leadership skills are necessary in a corporate environment characterized by instability and turmoil? has julie

  Explain the customer buying process

Define the customer buying process. Why is it important to understand this process when deciding how to capture the customer's attention

  Which include technology-driven consumer behavior

Choose a subject relevant to Topics 1-4, which include technology-driven consumer behavior, segmentation, targeting, and positioning, consumer motivation and personality, consumer perception, consumer learning, and consumer attitude formation and cha..

  Devlop a new proposed product

Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product.

  How can managers help mitigate that stress

Managers need to be able to effectively manage change within organizations in order to mitigate the negative impact of the change on individuals and the organization. How can managers help mitigate that stress

  Write a sales pitch to the end consumer to sell product

Write a sales pitch to the end consumer to sell your unique product/service. Write a message to persuade your boss to approve capital resources (i.e. money for staff, equipment, facilities, etc,) for the unique product/service

  What are the risks with changing your product strategy

What are the risks with changing your product strategy?

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