Analyze the current market situation-competitive strategy

Assignment Help Marketing Research
Reference no: EM131798039

Discussion

Name a current advertising slogan you believe is particularly effective for developing a unique selling proposition.

Explain the methods the company uses, the target market, and strategies that you think are effective in advertising this product.

Please post a visual of the ad or a link to an Internet site where we can see the ad.

Your responses in the discussion board must be well written according to CSU-Global Guide to Writing and APA Requirements. The CSU-Global Library is a great place to find resources.

Assignment

The requirements for the Module 6 CT assignment are:

· Describe and evaluate a company's pricing and retail strategy

· Analyze the current market situation and competitive strategy

· Apply textbook concepts regarding pricing and retail strategy

· Paper is to be 2-3 pages with three credible sources and APA formatting

Some terms related to price concepts are: orientation, demand, price elasticity, substitution effect, income effect, EDLP, cost-based pricing, value-based pricing, high/low pricing, price-quality relationships, market penetration pricing, and skimming.

These terms, which were provided to you within the Announcement, allow you to fully describe and evaluate a company's pricing and retail strategy.

You would have liked to see many more of the key terms utilized in your paper. You have applied SOME of the key concepts regarding price from the text as suggested. You have provided an evaluation on pricing strategy.

You have NOT evaluated your company's retail strategy, such as locations, internet sales, coupons, premiums, contests, loyalty programs, rebates, and POP displays. You have analyzed the current market and the competitive strategy.

You have provided three outside sources. Your paper is 2-3 pages as required. You do have headings as required.

Reference no: EM131798039

Questions Cloud

What is the amount pay for the washing machine today : The local home improvement store has a washing machine on sale for 1526, with the payment due in 2 years from today. The store is willing to discount the price.
What is a variable interest entity : What is a variable interest entity? Explain the difference between the voting interest model and the risk and reward model
Spearman population correlation coefficient : Specify the competing hypotheses in order to determine whether the Spearman population correlation coefficient is less than zero.
Write an essay which describes and explains the changes : Write an essay which describes and explains these changes. The emphasis should be on transportation but there are other factors involved.
Analyze the current market situation-competitive strategy : Explain the methods the company uses, the target market, and strategies that you think are effective in advertising this product.
Competing hypotheses and accompanying sample data : Consider the following competing hypotheses and accompanying sample data.
What was rate of return per year over that four-year period : Four years ago, at the end of July 2013, shares of stock in Cummins were selling for about $115 per share. Suppose you purchased a share of Cummins stock.
Prepare a cash-basis income statement : Using the transaction data above, prepare (1) a cash-basis income statement, and (2) an accrual-basis income statement for the month of January
Calculate the ratios for both years : financial information is available for Cepeda Company for the years, Use the information above to calculate the following ratios for both years

Reviews

Write a Review

Marketing Research Questions & Answers

  What were the training strengths you have gained

What are the most important topics you learned during this training?Description of your tasks, duties and activity?

  How the brand could modify their marketing mix factors

This former Best Buy CMO (Chief Marketing Officer) reveals some insider strategic analysis of the retailer's 4 different target markets.

  Explain how the packaging you will use for your product

Use the same product and organization you identified in your Week 3 Strategy and Positioning Analysis.Develop a 2,100-word analysis that includes:Describe how your marketing efforts and marketing mix will change with each phase in the product life cy..

  Create a customer relationship management plan

Think of a company that has provided great customer service to you recently.What did it do? How did it go beyond what you expected? What do companies have to do to get employees to deliver such services?Are loyalty programs more likely to be successf..

  Describe the main points of each theory

The Human Side of Enterprise, Douglas McGregor (1960) proposed two theories by which employee motivation can be viewed. He called the theories, Theory X and Theory Y. Both of these theories are based on the premise that management's role is to ass..

  Perform a swot analysis for your company

Perform a SWOT analysis for your company remembering that the strengths and weaknesses are internal and the opportunities.

  Identify the important attributes for your chosen product

Identify the important attributes for your chosen product and select two key variables for your perceptual map. Prepare a perceptual map for your chosen product/brand and using a minimum of seven competitors, rank each product/brand on the two vari..

  Market research to find out men and women feel differently

A market research firm wants to find out if men and women feel differently about SilkyTouch facial tissues. In a survey of 90 men, 76% said they had a favorable impression of SilkyTouch

  Discussion about wasting a lot of time on the social media

The investigations have proved that the working generation is wasting a lot of time on the social media.

  What are the implications in respect to customers

Do you think that management has made the right decision by introducing their ‘no-refund policy'? Justify your answer with supportive calculations.

  Discuss about the importance of research

Compile a PowerPoint presentation introducing the importance of research and the use of research methods within anorganization.

  Discuss the influence the decision-making process had

Develop a evaluation of a recent business decision in your work or desired career. Discuss the influence the decision-making process had on the outcome.

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