Develop the differentiation strategy to closest competitor

Assignment Help Marketing Research
Reference no: EM131406922 , Length: 7

Assignment : Part C: Your Marketing Plan

To conclude your marketing plan, in Assignment 3, you will describe the company's, marketing strategy, implementation strategy, expansion plan, social media strategy, monitoring methods, and integrated marketing communication strategy.

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Write a six to seven (6-7) page paper in which you:

Develop the company's branding, pricing, and distribution strategy.

Classify the company's major competitors as inter- or intra-competitors. Categorize the competitors' major strengths and weaknesses.

Develop the differentiation strategy in relation to the closest competitor.

Establish whether the company's intention is to be a leader or follower within the industry.

Specify two (2) social media and / or media tools that you would use as you develop your plan. Justify each of your chosen tools.

Suggest the integrated marketing communications that are most relevant for your marketing plan. Relate each marketing communication to your company's advertising strategy.

Use at least five (5) academic resources that address sustainability and monitoring of effective marketing plans and determine the applicability for your hypothetical company. These resources should be industry specific and relate to your chosen product / service.

Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date.

The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Develop strategies to assess performance and achieve marketing goals.

Develop pricing strategies and distribution channels for products.

Analyze integrated marketing communications and its relationship to advertising strategy.

Evaluate marketing research tools involved in the marketing process.

Use technology and information resources to research issues in marketing management.

Write clearly and concisely about marketing management using proper writing mechanics.

Reference no: EM131406922

Questions Cloud

Analyze the marketing environment : You have a challenge to overcome in the marketplace. Nearly 2 in 3 people wish they had more energy, but 40% of consumers do not believe energy drinks are healthy for them. Your Vice President of Beverage Marketing believes this is an opportunity ..
Can music therapy shape desired behaviors in children : Select one of the non-experimental methods that you read about this week (naturalistic observation, ethnography, case history, sociometry, archival study, survey, and correlational research), My research question is "can music therapy shape desired..
How can we control interference in unlicensed bands : How do service providers control the level of interference in wide-area cellular networks operating in licensed bands? How can we control interference in unlicensed bands?
How does ethics impact an organizations overall culture : How does ethics impact business relationships within an organization? How can leaders and their leadership styles impact the ethical practices within an organization? How does ethics impact an organization's overall culture?
Develop the differentiation strategy to closest competitor : Develop the company's branding, pricing, and distribution strategy.Classify the company's major competitors as inter- or intra-competitors. Categorize the competitors' major strengths and weaknesses.Develop the differentiation strategy in relation ..
Assess implications of the diverse economic institutional : Assess the implications of the diverse economic institutional and cultural environment for new business creation and/or innovation in emerging markets;
What are the number of channels per sector : In the U.S. AMPS system, the total available band for reverse channel (uplink) is 12.5 MHz, and the frequency reuse factor of K = 7 is used with three sector antennas at the base stations.
What are some strategies through negative reinforcement : What are some strategies through negative reinforcement or punishment the parent could use to help prepare the child for proper restaurant behaviour
Was a valid contract formed between pierres and maynard : Was a valid contract formed between Pierre's and Maynard? Explain. If a valid contract was formed, does Maynard have any arguments to have his money refunded?

Reviews

Write a Review

Marketing Research Questions & Answers

  Explain the primary purpose of an erp system

Explain what is meant by ERP and explain the primary purpose of an ERP system. Use examples to support your answer. Explain what is meant by CRM and explain the primary purpose of a CRM system. Use examples to support your answer.

  Explores professional ethics and responsibilities

Create a 5- to 6-slide PowerPoint presentation that explores professional ethics and responsibilities. You can use information from the CSU Online Library or other reliable sources. (Note: Websites such as Wikipedia are not acceptable academic sou..

  Conduct a strategic audit for your project

You should begin working on the Stand-Alone Project early in the course. Each assignment provides a benchmark for completing the Stand-Alone Project in a timely manner while working through the course. You will find this information in the "Stand-..

  Identify and describe two sales forecasting techniques

Identify and describe two sales forecasting techniques that could be used by the organisation or in the industry. Implementation of a recent marketing program or a marketing plan of the organization.

  Explore entrepreneurial ventures based on your experience

Your Task. Working in teams, explore entrepreneurial ventures based on your experience and expertise. Write a proposal to secure approval and funding.

  What is the average shoe size from the given table

You plan on building a 500 square foot addition to your 2,225 square foot home, what is the estimated value increase of the addition? What is the new estimated value of your home?What percentage of the variation in home value is explained by the va..

  Design place-distribution channel that satisfy needs

Estimate cost of distribution channels and logistics for the 1st, 2nd, and 3rd years of operation. You may estimate distribution channel cost per unit of the assigned product. This information will be used in financial projection. You may follow t..

  Develop an application provides support for decision making

MIS 2100:Demonstrate your ability to use Excel by integrating as many features of Excel as feasible. The project must be easy to understand and have a professional appearance. Use comments or provide instructions to help someone use the applicati..

  Does mcdonalds think globally and act locally?

This is an individual paper that will focus on one organization (McDonald's) and its global marketing efforts on both global and local level. International marketing managers frequently decide to adapt organizational brand image across internation..

  The first four standards in hpt

The first four standards in HPT are RSVP - Results, Systematic approach, Value-added, Partnership. Compare software implementation processes with this approach.

  How and why firms try to influence consumers expectations

Describe the trade-off between backward compatibility and performance. Explain how and why firms try to influence consumers' expectations in a standards war?

  Is there an enforceable contract between samantha and julie

Is there an enforceable contract between Samantha and Julie?- Is promissory estoppel relevant to Samantha's dispute with Dave from ‘Outrageous ?Costumes'?

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