Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a Marketing Consultant, imagine that you have been approached by the Board of Directors of a company of your choice to advise them on

As a Marketing Consultant, imagine that you have been approached by the Board of Directors of a company of your choice to advise them on their future marketing direction.  They are unsure as to what is meant by “Value Based Marketing”. In any event, the Directors are keen to promote the following theme throughout their organisation:" Developing Marketing Strategy for Business Resilience and Sustainability". 

You are required to present to the Board with a written report covering the following tasks as depicted in the instructions.

INSTRUCTIONS

 

Mark

Using suitable models identify   the customer perceived value for the customers for a company of your choice

15

Critically evaluate the existing value proposition   for the one you have chosen.  Compare   and contrast the value proposition with that of the leading competitor in its   sector.  

15

Benchmark the two value propositions, comparing   and contrasting as appropriate, and reaching a justified conclusion[s]     

15

In light of your analysis of   your existing value proposition and what you have learnt in this module   produce a new value proposition that will match the value criteria of the   customers.

15

Produce a plan to implement the   value proposition externally and internally

Step by Step Solution

3.43 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

ValueBased Marketing Developing Marketing Strategy for Business Resilience and Sustainability Company Patagonia Customer Perceived Value Patagonias customers perceive the brand to offer a combination ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Gail Fayerman

1st Canadian Edition

9781118774113, 1118774116, 111803791X, 978-1118037911

More Books

Students also viewed these Marketing questions

Question

LO3. Explain various theories for why people commit fraud.

Answered: 1 week ago

Question

Job type Retail sales, managerial, human resources, etc.

Answered: 1 week ago