Marketing Plan Research Project
The Assignment: One of the best ways to learn about marketing is to take an in-depth look at one company’s marketing plan. You can learn a lot from looking at how successful companies market their products and services but is also useful to look at companies that have failed in marketing and examine why.
Task one: You are to pick one company to research. It can either be product base or service based. The project will be more interesting if you pick a company that you have an interest in.
Task two: Once you have a company in mind, do a quick internet search and see if you will be able to find information on their marketing strategy. You are welcome to choose a small company however, you may have to dig a little to find the information that you need. If you can not find any information, choose a different company.
Task three: You are to produce a report on the company’s marketing plan. You can choose to present this report in any of the following ways:
- A typewritten report (must include pictures)
- A PowerPoint presentation
- A poster presentation
- By creating a video, (using Windows Movie Maker for example)
Your report must include ALL of the following!
- A brief overview of the company and why you chose this specific company.
- Is it product or service based?
- What is their organisational focus? (regional, international, brand, or distribution)
- Who is the ‘Target Market’? Be sure to mention demographics!
- Evaluate the companies approach to each of the 4 P’s (price mix, product mix, promotion mix, and place mix)
- What are the strengths of the marketing plan?
- What are the weaknesses of the marketing plan?
This is a chance for you to showcase your skills and what you have learned.
Remember to ask if you’re having trouble finding information, I will be more than willing to help!!
DUE FRIDAY
Marketing 12
Hopefully by today, you have been able to come up with a Brand Idea.
Your first step is to get an idea for your target market so you know how to advertise to your customers. You are to create a customer profile for your Target Consumer.
Read page 80 to help.
The next step will be tomorrow.