At the end of this course, you will
have created a marketing plan for a hypothetical product-based company. Each
assignment focuses on a different section of the overall marketing plan. For
Assignment 1, you will compile information on the company’s background
information, an environmental analysis, your company’s short and long-term
goals, and a SWOT analysis.
For information on Website
analytics, visit Google Analytics at http://www.google.com/analytics/why/.
Note: You may create and / or make all necessary assumptions
needed for the completion of this assignment.
Write a five to six (5-6) page paper
in which you:
- Write an introduction to your company. Describe your
company, its location, and the product it makes or the service it
provides. - Develop an environmental analysis that includes
competitive, economic, political, legal, technological, and sociocultural
forces. - Determine the primary and secondary target markets for
your company. Next, analyze the primary and secondary target markets that
you identified for your company. Be sure to cover the 4Ps, 5Cs and STP. - Decide the main goals that you would like to achieve
within the next year (short term) and the mains goals that you would like
to achieve within the next five (5) years (long term). Determine the most
appropriate ways to measure both short- and long-term goals. Note:
Consider the following metrics: tracking downloads of Website content, Website
visitors, increases in market share, customer value, new product adoption
rates, retention, rate of growth compared to competition and the market,
margin, and customer engagement. - Develop both a SWOT analysis and needs analysis for
your product. Each analysis should examine four (4) strengths, weaknesses,
opportunities, and threats for your company. - Use at least four (4) academic resources as
quantitative marketing research to determine the feasibility of your
product / service. These resources should be industry specific and relate
to your chosen product / service. Note: Wikipedia and other
Websites do not qualify as academic resources.
In Assignment 2, using the same
company from Assignment 1, you will focus on the company’s mission,
introduction, and branding.
Note: You may create and /or make all necessary assumptions
needed for the completion of this assignment.
Write a four to five (4-5) page
paper in which you:
- Develop a branding strategy for your product that
covers the brand name, logo, slogan, and at least one (1) brand extension. - Assemble a marketing strategy for your product, and
determine an appropriate time table to implement your plan). Provide a
rationale for your response. - Prepare a positioning statement. Include a perceptual
map that shows your company’s position against its competitors. From this
map, create a statement that depicts your position. For example, “Our
product is the fastest in its class for half the price.” Note: See
pp. 54 – 55 in the textbook for examples of perceptual maps. You may use
Microsoft Word, PowerPoint, or other equivalent software to create your
perceptual map. - Examine the relevant consumer behavior for your target
market. Explain the main reasons why the brand name, logo, slogan, brand
extension, as well as the positioning statement and marketing strategy are
right for the identified target market. - Develop your company’s mission statement and company
introduction. - Use at least three (3) academic resources as
quantitative marketing research to determine the feasibility of your
product / service. These resources should be industry specific and relate
to your chosen product / service. Note: Wikipedia and other
Websites do not qualify as academic resources.
To conclude your marketing plan, in
Assignment 3, you will describe the company’s, marketing strategy,
implementation strategy, expansion plan, social media strategy, monitoring
methods, and integrated marketing communication strategy.
Note: You may create and / or make all necessary assumptions
needed for the completion of this assignment.
Write a six to seven (6-7) page
paper in which you:
- Develop the company’s branding, pricing, and
distribution strategy. - Classify the company’s major competitors as inter- or
intra-competitors. Categorize the competitors’ major strengths and
weaknesses. - Develop the differentiation strategy in relation to the
closest competitor. - Establish whether the company’s intention is to be a
leader or follower within the industry. - Specify two (2) social media and / or media tools that
you would use as you develop your plan. Justify each of your chosen tools. - Suggest the integrated marketing communications that
are most relevant for your marketing plan. Relate each marketing
communication to your company’s advertising strategy.
Use at least five (5) academic resources that
address sustainability and monitoring of effective marketing plans and
determine the applicability for your hypothetical company. These resources
should be industry specific and relate to your chosen product / service. Note:
Wikipedia and other Websites do not qualify as academic resources.


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