Professional Documents
Culture Documents
INDIVIDUAL ASSIGNMENT
The students is given a task to draw a marketing plan for a product or services base on the following outline. The minimum words is 4,000 words only. The propose product is your choice. Date of submission is on the last meeting.
CHAPTER 3: TARGET MARKET AND RISKS Business products / services Target market and market size The SWOT Analysis Business viability CHAPTER 4: PRODUCT STRATEGY Which product strategy? Justification of the choice Product quality Product life cycle CHAPTER 5: PRICING STRATEGY Which pricing strategy? Factors in chosen pricing Pricing programmes CHAPTER 6: DISTRIBUTION STRATEGY Which distribution strategy? Justification of the chosen distribution channel CHAPTER 7: ADVERTISING AND PROMOTION STRATEGY Which promotional strategy? Advertising tools Sales Promotional tools Public Relation Justification CHAPTER 8: MARKETING BUDGET Promotional budget deciding methods List out the marketing budget items CHAPTER 9: MARKETING CONTROL AND EVALUATION Control process - deciding performance standard, feedback, corrective actions. Control mechanism - profitability control, efficiency control, annual plan control. Examples - Sales record. Comparing expected results with actual results. Sales people management, Contingency plans