Marketing Plan Project: Phase 1
It is important for marketers to create a marketing plan to provide focus for their brand, product, or company. A detailed plan prepares a business to launch innovative new products that are designed to increase sales to current customers and to reach potential customers within their target market segments.
The marketing plan is designed to be subsumed under the broader company-wide strategic plan. The marketing plan documents how the organization’s strategic objectives are to be achieved through specific marketing strategies and tactics. The customer is the focus and starting point of the marketing plan. The marketing plan is an efficient communications tool that is linked to the plans of other organizational departments.
This Unit III Project assignment represents the first in a series of project assignments that will enable you to build a marketing plan for a product or product line of a company of your choosing. The final product is to be delivered in Unit VII.
The marketing plan consists of the sections listed below.
- Executive Summary
- Situation Analysis
- Market Summary
- SWOT Analysis (i.e., analysis of strengths, weaknesses, opportunities, and threats)
- Competition
- Product Offerings
- Distribution
- Marketing Strategy
- Objectives
- Target Markets
- Positioning
- Strategies
- Marketing Mix
- Marketing Research
- Financials
- Controls
- Implementation
- Marketing Organization
Over the course of the next several units, you will create a marketing plan using research from the CSU Online Library (e.g., Mergent Online database, ABI/INFORM Collection database). Each project assignment will enable you to complete a portion of the marketing plan, and the completed marketing plan will be submitted in Unit VII.
For this unit’s assignment, you will choose and research one of the following companies for your marketing plan:
- JPMorgan Chase,
- AT&T,
- Walmart,
- ExxonMobil or
- Proctor & Gamble.
After choosing one of the aforementioned companies, you will research, analyze, and create the marketing plan sections described below for your company of choice.
- Situation Analysis: Using the sections below, analyze the competitive market, the company’s targeted market segments, and how your company’s capabilities stack up to the competition.
- Market Summary: Describe, in detail, the target market segments by determining their segment size, segment needs, segment growth, and segment trends. Using more detail to describe these market segments will prove to be beneficial as a basis for the marketing strategies and tactical programs presented later in your marketing plan.
- SWOT Analysis: Include the sections described below.
- Strengths: In this section, list and describe your company’s internal physical and financial capabilities that can enable it to reach its stated objectives.
- Weaknesses: In this section, list the internal elements that may prevent or slow your company’s ability to achieve its stated objectives.
- Opportunities: In this section, list the external and potentially profitable areas in which your company may find an interest in which to target, engage, and perform.
- Threats: In this section, list the external and potentially unfavorable trials that can negatively affect your company’s business model and competitiveness.
- Competition: List your company’s main competitors, and describe what positions they occupy in the market in which your company wishes to compete. Also, this section is where you should provide a summary of the competitors’ strategies.
- Product Offerings: Review the company’s products or product lines, and identify their main features.
- Distribution: Describe and provide an overview of each of your company’s product distribution channels.
Your assignment will be a minimum of three pages in length. Ensure that you introduce the company you have chosen, and identify each section with a heading in your assignment. You should reference at least three sources to support this section of your marketing plan.
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Marketing Plan Chapter Assignments Located In The Appendix Of The Textbook For C
/in Uncategorized /by developerMarketing Plan Chapter Assignments (located in the Appendix of the textbook) for Chapter 2.
The required length for these assignments is 350 words PER CHAPTER
Chapter 2
As an assistant to Jane Melody, Sonic’s chief marketing officer, you’ve been assigned to draft a mission statement for top management’s review. This should cover the competitive spheres within which the firm will operate and your recommendation of an appropriate generic competitive strategy. Using your knowledge of marketing, the information you have about Sonic, and library or Internet resources, answer the following questions.
· What should Sonic’s mission be?
· In what competitive spheres (industry, products and applications, competence, market-segment, vertical, and geographic) should Sonic operate?
· Which of Porter’s generic competitive strategies would you recommend Sonic follow in formulating its overall strategy?
As your instructor directs, enter your answers and supporting information in a written marketing plan to document your ideas.
In this instance, Sonic is a fictional cell phone company.
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Marketing Plan Components Appendix A Building An Effective Marketing Plan Sectio
/in Uncategorized /by developerHello i need help in assignment, there are two attachment 1) question 2) marking planning assignment .answer are in 2) according to 1) questions
WAL-MART STORESExecutive summaryWal-Mart was opened in 1945 and with operation by at Ben Franklin franchise in Newport,Arkansas by Sam Walton, his brother Bud and his wife. It started as a small…
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Marketing Plan Instructions Overview Though There Is No One Format For A Marketi
/in Uncategorized /by developerI need help in preparing marketing plan for the course BUS5470.
Me and my team will need to create, as an extension of the goods already offered, gluten-free and lactose-free baked goods (donuts, muffins, etc.). The target market will be all those (children and adults) who have any type of allergy toward gluten and/or dairy foods (people with celiac disease, etc). Your company will be Krispy Kreme Donuts (a chain in the U.S.).
This project has been divided among five of us and I need help in drafting my sections.
Please see the attached file. I need help on the sections which are marked against my name “Tanushree Bhattacharya”.
Let me know if anybody can help.
Thanks
Tanushree
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Marketing Plan Part Ii Please Read Entire Assignmentthroughout This Course You W
/in Uncategorized /by developerMarketing Plan: Part II PLEASE READ ENTIRE ASSIGNMENT
Throughout this course, you will compile a comprehensive marketing plan using one of the product/service scenarios listed in the Unit II assignment. (Note: You will use the same scenario throughout the course.) This scenario will be the basis of your start-up company and will be the catalyst for the subsequent marketing plan that you will compile. The company that you choose to submit a marketing plan for is a fictional start-up company (not an existing company).
This unit’s submission should consist of the items listed below.
Ensure you provide an introduction for this assignment that is engaging and provides a clear background to the purpose of the assignment. The format of the submission should be in essay format using subheadings. Use APA format. Additionally, you need to include a minimum of five sources, three of which must be peer-reviewed, academic sources that are no more than 5 years old. The submission should be a minimum of three pages in length (not counting the title and reference pages).
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Marketing Plan Part Iiithroughout This Course You Have Been Compiling A Comprehe
/in Uncategorized /by developerMarketing Plan: Part III
Throughout this course, you have been compiling a comprehensive marketing plan using one of the product/service scenarios listed in the Unit II assignment. (Note: You should have been using the same scenario for Parts I–III.)
This unit’s submission should consist of the items listed below.
Ensure you provide an introduction for this assignment that is engaging and provides a clear background to the purpose of the assignment. The format of the submission should be in essay format using subheadings. Use APA format. Additionally, you need to include a minimum of five sources, three of which must be peer-reviewed, academic sources that are no more than 5 years old. The submission should be a minimum of three pages in length (not counting the title and reference pages).
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Marketing Plan Please Read The Case And Create A Marketing Plan By Following The
/in Uncategorized /by developerMARKETING PLAN:
PLEASE READ THE CASE AND CREATE A MARKETING PLAN BY FOLLOWING THE INSTRUCTIONS
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Marketing Plan Project Phase 1it Is Important For Marketers To Create A Marketin 1
/in Uncategorized /by developerMarketing Plan Project: Phase 1
It is important for marketers to create a marketing plan to provide focus for their brand, product, or company. A detailed plan prepares a business to launch innovative new products that are designed to increase sales to current customers and to reach potential customers within their target market segments.
The marketing plan is designed to be subsumed under the broader company-wide strategic plan. The marketing plan documents how the organization’s strategic objectives are to be achieved through specific marketing strategies and tactics. The customer is the focus and starting point of the marketing plan. The marketing plan is an efficient communications tool that is linked to the plans of other organizational departments.
This Unit III Project assignment represents the first in a series of project assignments that will enable you to build a marketing plan for a product or product line of a company of your choosing. The final product is to be delivered in Unit VII.
The marketing plan consists of the sections listed below.
Over the course of the next several units, you will create a marketing plan using research from the CSU Online Library (e.g., Mergent Online database, ABI/INFORM Collection database). Each project assignment will enable you to complete a portion of the marketing plan, and the completed marketing plan will be submitted in Unit VII.
For this unit’s assignment, you will choose and research one of the following companies for your marketing plan:
After choosing one of the aforementioned companies, you will research, analyze, and create the marketing plan sections described below for your company of choice.
Your assignment will be a minimum of three pages in length. Ensure that you introduce the company you have chosen, and identify each section with a heading in your assignment. You should reference at least three sources to support this section of your marketing plan.
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Marketing Plan This Week You Will Continue Your Comprehensive Marketing Plan Res
/in Uncategorized /by developerMarketing Plan This week you will continue your comprehensive marketing plan researching the SAME company that you researched in previous units. Again, utilizing the CSU Online Library, you will research the various elements of the marketing plan as it relates to this company. In Unit IV you will provide a comprehensive discussion of the products and/or services provided by your organization.
Product This section will provide a comprehensive look at the products, product lines, and services that are offered by your company. This will include discussions about the quality of the product/service and other additions such as warranties, installation, service plans, or unique packaging features that are included with the product (if pertinent). Include a discussion of whether your company’s products/services would be considered business-to-consumer (B2C) or businessto-business (B2B).Branding is also considered a part of the product offering, thus a discussion of the branding efforts associated with your company and the importance of said branding in the overall product offering should be included. Within this discussion, review the positioning strategy of your company.
Competitive Advantage A competitive advantage is an important goal of every company, address whether your company has a competitive advantage WITH RESPECT TO PRODUCT. The idea is to discuss whether your company has a competitive advantage
BBA 3201, Principles of Marketing 4
with respect to their product offering and the attributes associated with product as discussed above. Competitive advantage with respect to promotion, place, and pricing will be discussed in later sections of the marketing plan. Once you have stated your position, remember to include your rationale.
Your submission should be a minimum of two pages in length, double-spaced with a reference page and title page. References should include at least one additional, credible reference beyond the textbook. All sources used must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Include the use of subheadings (this week consider using Product and Competitive Advantage in Product).
Running Head: STARBUCK’S PRODUCTS AND COMPETITIVE ADVANTAGE STARBUCKS’ PRODUCTS AND COMPETITIVE ADVANTAGEStudent’s Name:Professor’s Name:Course Title:Date STARBUCK’S PRODUCTS AND…
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Marketing The Read Article Best Of Multimedia Marketing Myopia In 120 Seconds
/in Uncategorized /by developerMarketing
The read article, “Best of Multimedia: Marketing Myopia in 120 Seconds” http://www.strategy-business.com/blog/Best-of-Multimedia-Marketing-Myopia-in-120-Seconds?gko=70a85,” which provides a great two-minute video on the topic.
Describe how this relates to organizational strategy, mission and marketing strategy. Give specific examples.
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Marketing Topic Introduction To Marketing The Management Process From Side To Si
/in Uncategorized /by developerI had a question about introduction to marketing
I got an essay from a tutor which does not make sense
I saw that you said you can handle it
I am not sure why the essay is confused, please saw it and give me suggestions
I will pay for you if you can give me another essay which is fulfill all requirement and it is understandable for me
Can you answer the question?
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