Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a marketing consultant, you have been asked by one of the following streaming service companies to provide a one-page memo, casually known in marketing

As a marketing consultant, you have been asked by one of the following streaming service companies to provide a one-page memo, casually known in marketing as a Back of the Napkin concept. This memo will explain the value proposition from an outsiders perspective. Consider the internal and external environment as well as the companys competition to demonstrate your unique selling position.

You will use 150 words or less to create a short memo to management and images to communicate your value proposition. At the bottom of your memo, you will include a back of the napkin image to illustrate your value proposition. This original illustration you create can be added as a picture within your document or using the Word document tools to create a visual aid. Your memo and illustration will display how your product or service solves a problem for the consumer. You do not have to be an artist. You will need an idea and the ability to summarize. You will submit a single page Word document with the memo and image along with a second reference page. The illustration must go inside the memo document so that only one file is submitted. Be sure that your proposition is clear and concise. Follow the instructions below.

You will be using this value proposition to develop a message campaign later in the course.

Instructions Step 1: Choose one of the following products or services. There are three category options from which you can choose. Choose just one from any category that interests you the most.

Energy & Resource Companies

  1. Hess
  2. Chevron
  3. Green Mountain Energy
  4. NextEra Energy, Inc
  5. Plug Power Inc. (recommended)

Step 2: Determine the value proposition for your chosen product or service. Create a memo and images to communicate the Value Proposition.

What is the value proposition for your product or service? Focus on offerings for customers in the U.S. market only.

What makes a good value prop?

Present your value proposition ideas using 150 words or less and appropriate images of your choice.

Step 3: Format your submission to comply with these technical requirements.

One page is the maximum length of the value proposition. If you are nearing the length maximum, but have more to convey, work on editing your submission for writing effectiveness.

Your ideas and work must be original. You may not copy a value proposition from any source even if you cite that source. You may not reuse an assignment or example from this course, a prior course, or any other session of this course if you are retaking the course.

Your submission must also include a reference list in APA. The reference list is not part of the 150 words, and the reference list can be placed on a second page of the document.

Cite to the product/service website and the sources for any images used on the reference list.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

Accounting For Managers Text And Cases

Authors: William J. Bruns

3rd Edition

0324291213, 978-0324291216

More Books

Students also viewed these Accounting questions

Question

=+How would you change the tone of voice?

Answered: 1 week ago