Demonstrate your grasp of the marketing terminology

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Reference no: EM132383683

Distribution Strategy Assignment

In this assignment, you will complete another key section of your marketing plan:

Write a 1 page recommendation for the distribution ("place") strategy necessary to successfully market your health care product or service. Comment on where, when and how customers prefer to access your product or service, and how that influenced your distribution channel strategy. If you wish, you may include a simple diagram of the distribution channel.

Within this section draft, please demonstrate your grasp of the marketing terminology and concepts related to distribution strategy. For example, describe the level of intensity of distribution, the types of relationships within your distribution channel, and the correct titles (retailer, wholesaler, agent/broker, etc.) of the various intermediaries in the channel.

Mobile Dental ServicesAssignment (Case Study)

Refer to the Case Study: Mobile Dental Services in Chapter 15 of your text.

Prepare a 1-2 page(on a separate document) body double-spaced paper, utilizing critical thinking skills to address the threecase study discussion questions at the end of the case study in your paper. Please separate thethree question areas you are covering in your case analysis paper.

In addition to covering the three case questions, you will need to address two more questions in your paper:

1. Briefly describeanother health care institution community outreach project that you found through research or are familiar with.

2. What skills are necessary for leaders in competing organizations to be able to work together and share resources to benefit the health of the community?

You need to demonstrate research with at least one scholarly resource from the library to support your second case question answer on how leadership can sustain community partnerships. One more credible research source other than text (could be a credible source from the Internet) is needed to support one other point in your case analysis.

Please keep in mind that no more than 20% of the material in the paper should be from outside resources. It is a good practice to share the resource point and then explain in several more sentences that are your original thoughts why this information is relevant and how it can be applied.

Pricing Strategy Assignment

In this assignment, you will complete another key section of your marketing plan:

Write a 1 page recommendation for the pricing strategy necessary to successfully market your health care product or service. Be sure to include an estimate of the costs associated with the product or service, and the profits that are expected with the recommended pricing.

You will need to make some "educated estimates" to complete this assignment; please follow a format like this to demonstrate that your recommended pricing will result in profits:

New Product

Per Unit

20,000 units

(1st year sales forecast)

Suggested retail price

$100.00

$2,000,000

Cost to retailer  **

$50.00

$1,000,000

     Retailer margin

$50.00

$1,000,000

Cost of Goods Sold

 

 

     Components/raw materials

$10.00

$200,000

     Labor

$10.00

$200,000

     Overhead

$5.00

$100,000

Marketing costs

$7.00

$140,000

     Manufacturer profit

$18.00

$360,000

** "Cost to retailer" is the same as Manufacturer's sales revenue

New Service

Per Day

200 days per year

(1st year sales forecast)

Service Charges**

$250.00

$500,000

Cost of Goods Sold

 

 

     Labor

$100.00

$200,000

     Materials

$20.00

$40,000

     Overhead

$30.00

$60,000

Marketing costs

$10.00

$20,000

Service provider profit

$90.00

$180,000

** Service Charge is the expected sales revenue from the new service

As a starting point to estimating costs, visit Bplans and search for a sample plan in a similar line of business to the one you are proposing. Look for the "Pro Forma Profit and Loss" chart within the Financial Plan section of the business plan, and make note of the expected costs in relation to forecasted sales. You can also do an Internet search for "income statement - (insert your product or service here)" and review the samples that you find.

Within this section draft, please demonstrate your grasp of the marketing terminology and concepts related to pricing strategy. For example, it would be appropriate to identify whether you have chosen a penetration, skimming, or followership price strategy, and why you believe that strategy is appropriate.

Attachment:- Assignments.zip

Verified Expert

This report is about the pricing and distribution strategy of an outreach program.This program is designed to provide the nutritionist and dietitian services to the students at schools and homes. Pricing strategy helped to reduce the cost of the plan that is $200 and charged for the services were $300 per day so this strategy helped to give profit of $100 to the health care providers.Distribution strategy is set to provide services at schools and other institutions within the school hours. Doctors may also provide services at home for the patients if required.

Reference no: EM132383683

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