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Based on the new product or service created in Learning Team Meeting One, prepare a 1,400-1,750-word paper to include the following information:a. Identify your pricing strategy.b. Outline your promotion approach in detail.c. Explain the importance of price and promotion in the development of marketing strategy and tactics.d. Describe the pace at which your product will move through the product life cycle and the factors that will impact its movement.e. Continue thinking of PowerPoint slides. By now you should be building a quite a slide show. I would love to see them.Refer to the Marketing Plan Outline listed on the page and ensure that all elements of outline are covered in your paper.You should cite your papers using the APA format, BUTfor all other elements, you need to adhere to the document “Requirements for Getting the Best Grade Possible” and the weekly assignment rubric which will be posted in The Course Materials Folder.Remember, use strong details to open and close your presentations with. Grab our attention and make us want to learn more. Then make a strong summary (with details) of the key points.Do not be afraid of using visuals – even on the title page. They help to explain, as well as, possibly entertain.
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