PRINCIPLES AND PRACTICES OF MARKETING
MKT 420
TERM PROJECT
All companies must look ahead and find the long term game plan in response
to maintain their survival in todays competitive and constantly changing
business environment. One of the critical decisions a company needs to
focus on is in developing their marketing mix. Marketing mix the set of
controllable tactical marketing tools i.e. product, price, place, and promotion
that the company blends to produce the response it wants from their target
market.
You are required to choose ONE PRODUCT (service) from one company in
any industry (either locally or internationally). That product has been
offered on the shelves but not really aware by consumers. You have
to come out with the marketing plan for this product. Your report should
comprehensively include:
PART A: COMPANY BACKGROUND
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Company Background
The products / services they offer
Company mission statement
The analysis on current business portfolio
The possible developing strategies on current business portfolio
PART B: PRODUCT
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The level of product
Product / service offerings classification
Individual product and service decisions
Product line and product mix decisions
Branding strategy
PART C: PRICE
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General Pricing Approaches
Product Mix Pricing Strategies
Price Adjustment Strategies
PRINCIPLES AND PRACTICES OF MARKETING
MKT 420
PART D: PLACE
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Number of channel levels
Strategy used for its marketing intermediaries
PART E: PROMOTION
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Concise analysis on their advertising strategy with example
Concise analysis on their sales promotion strategy with example
Public relation (if any)
Personal selling (if any)
Direct marketing (if any)
Your report should comprehensively include:
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Table of content
Introduction (PART A)
Comprehensive analysis from PART B to PART E
Conclusion
References (APA Format)
Submission Date: 5TH SEMINAR
NSN
Epjj 2014