Propose and justify marketing strategy for each of the 4ps

Assignment Help Marketing Management
Reference no: EM131053769 , Length: word count:1800

a) G-RO carry-on luggage, viewed 31/01/2016,

https://www.kickstarter.com/projects/netta/g-ro-revolutionary-carry-on-luggage/description

Assessment 3 requires the submission of TWO items.

You are to write and make a presentation on marketing objectives, marketing strategy and action programs for the new product chosen in Assessment 2. The written component should be 1500-2000 words maximum in length not including references. The presentation component will be in PowerPoint format with voice-over limited to 5 slides and no longer than 5 minutes in duration.

Assume that the new product chosen in assessment 2 is viable for market entry into Australia. The decision has now been made by senior management to launch this new product into Australia sometime in 2016. Your task in Assessment 3 is to prepare marketing objectives, marketing strategy and action programs for the first six months from product launch.

You will need to address the following criteria:

1. Propose and justify three (3) marketing objectives you think are achievable within the first six months of product launch (e.g. sales targets, product awareness, customer retention and satisfaction, brand management);

2. Justify preferred market segments, targeted customers, and intended positioning;

3. Propose and justify marketing strategy for each of the 4Ps (i.e. product, price, place, and promotion); and

4. Propose action programs for the first six months of product launch to achieve stated marketing objectives.

Instructions

This is an individual assessment (no groups).

Submit both your written component and presentation component online through the course Moodle site.

Your written component should contain the following:

• A single Word document that addresses each of the 4 criteria listed above plus a reference list showing use in-text of at least six (6) scholarly sources of information, excluding the course text. Use size 12 font with 1.5 line-spacing in this Word document (no PDF).
Your presentation component should contain the following:

• A summary only of the information in your written Word document.

• The format will be PowerPoint with voice-over (no word limit) but limited to a maximum 5 slides and a maximum 5 minutes in duration.

Skills

• The written component consisting of the marketing objectives, marketing strategy and action programs are all integral elements of a marketing plan.

• Using PowerPoint with voice-over enhances professionalism and helps keep the viewer's focus during presentations.

• This is a challenging assignment. It will provide you with the opportunity to undertake a significant piece of work with a practical commercial application.

GRO luggage is the one I choose in asgnmt 2.

Marketing needs to have reference on APA.

Reference no: EM131053769

Questions Cloud

Concentrating on their utilization of hardware : Ask a companion or relative to finish the Instant/Lasting Zone outline, concentrating on their utilization of hardware. In the wake of checking on their finished diagram, compose 1-2 complete sentences about your discoveries.
Why are they also called validation or certification techniq : Why are they also called validation or certification techniques?
Analyze the main functions of the planning : Analyze the main functions of the planning, organizing, directing, and controlling (PODC) model of management, indicating where managers are most likely to struggle performing these functions.
Suitable anticipating strategies change : Talk about which anticipating methodology would be most helpful toward the begin, in the center, and toward the end of the item life cycle. Presently, consider a later Apple iPod model. How might your appraisal of the suitable anticipating strateg..
Propose and justify marketing strategy for each of the 4ps : Justify preferred market segments, targeted customers, and intended positioning; Propose and justify marketing strategy for each of the 4Ps (i.e. product, price, place, and promotion)
What factors affect selection of granularity size for data : What factors affect selection of granularity size for data items?
Social convictions and predispositions : Distinguish no less than two case of the social convictions and predispositions identified with the social issue. A few case of social convictions and inclinations incorporate the financial framework, (for example, private enterprise), social hypo..
Describe how social institution contributes to transmission : Choose an aspect of this social institution that might make for a research study that helps with the fundamental understanding of the process of socialization. How would this study contribute to the good of society?
How much substitutability do you suppose exists : How much substitutability do you suppose exists between inputs in winemaking? How might this factor affect efforts to cut costs - If a firm was to find a new technology that cut the required ageing time in half, how would it affect the demand for ..

Reviews

Write a Review

Marketing Management Questions & Answers

  Evaluate zipcar based on benefit oriented positioning

Evaluate Zipcar based on benefit oriented positioning and Describe the beliefs and values associated with Zipcar's brand image

  What are the different phases of the consumer behavior

1.nbspnbspnbspnbspnbsp what are the different phases of the consumer behavior process and how do they relate to each

  What order-up-to level should citw use

If all orders are backlogged and the cost of lost customer goodwill from carrying a single chair on backorder is $20, what order-up-to (base stock) level should CITW use - what order-up-to level should CITW use?

  How it relates to inventory levels and capital investment

Describe and evaluate the elements of the carrying cost of inventory and how it relates to inventory levels and capital investment. How does ABC inventory stratification affect the carrying cost equation

  Select one strength, one weakness

Select one strength, one weakness, one opportunity, and one threat from the Ben & Jerry's SWOT analysis shown in Figure.

  Explain two web-based promotional techniques

Discuss two Web-based promotional techniques. Provide advantages and disadvantages of using each.

  Explain marketing strategy for a lawnmower- the 4 ps

Explain Marketing strategy for a lawnmower- the 4 P's and the 5 P's and Explain how you would develop a marketing stragety for a lawnmower

  What is stereotype and countertype

what is stereotype and countertype and what are the difference between

  Mountain man brewing company: case analysis

Mountain Man Brewing Company: Bringing the Brand to Light" case to complete a formal written case analysis.

  Explain many entrepreneurial organizations have established

Explain Many entrepreneurial organizations have established partners and Many entrepreneurial organizations have established partnerships in other countries

  Consider the following statements if someone said one of

consider the following statements if someone said one of these statements to you how would you explain that the

  Successful marketing decisions require extensive information

Successful marketing decisions require extensive information on consumer behavior theory. Consumer behavior theory provides the manager with the proper questions to ask. Managers, regulators, and others use consumer behavior and knowledge to make dec..

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