Question
Diaper War: Kimberly-Clark vs. Procter & Gamble (Condensed) (Baby SBU) The target market is New parents, Eco-conscious parents and budget-conscious parents. Q1 Essay What is
- Diaper War: Kimberly-Clark vs. Procter & Gamble (Condensed) (Baby SBU)
The target market is New parents, Eco-conscious parents and budget-conscious parents.
Q1 Essay
What is your promotion mix for your target market?
Target Market | Advertising | Personal Selling | Public Relations | Sales Promotion | How Will You Set Your Budget? |
---|---|---|---|---|---|
Q2 Essay
How does the above relate to the target market's buying behaviors?
Q3 Essay
- Based on the above product strategy how will you price the product?
- What factors about the target market and the competition influence your decision?
- Q4 Essay
Describe the marketing audit and be sure to include measurable objectives and goals. See figure 17.10 in Mullins and Key success factors on page 236 of Valentin for ways in which to create objectives and measures.
You may also use a table like this or something similar
Stakeholder | Goal | How it will be measured | Target |
Employees | Improve expertise | Number that are trained | 100% trained |
Customers | What is your goal | How will you measure it | What is your targeted results |
Shareholder | What is your goal | How will you measure it | What is your targeted results |
Channels | What is your goal | How will you measure it | What is your targeted results |
Other stakeholder, be specific |
Q5 Essay
What are the ethical implications of your decisions? There are always some....
The table below can also be used for the audit in Q4
Strategy | Goal | How it will be measured | Target |
---|---|---|---|
Product Strategy | Improve quality | Customer complaints | 50% fewer complaints |
Channel Strategy | What is your goal? | How will you measure it? | Target result? |
Price Strategy | What is your goal? | How will you measure it? | Target result? |
Advertising and PR Strategy | What is your goal? | How will you measure it? | Target result? |
Personal Selling Strategy | What is your goal? | How will you measure it? | Target result? |
Sales Promotion Strategy | What is your goal? | How will you measure it? | Target result? |
Ethical Audit Strategy | What are your ethical values? | How will you measure them? | Target results? |
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