Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Individual Assignment - Paper Component (25%) As an individual assignment, you will be challenged to create a one-year Marketing plan for an existing store or

image text in transcribed
Individual Assignment - Paper Component (25%) As an individual assignment, you will be challenged to create a one-year Marketing plan for an existing store or company. The components that are critical to the assignment's success (and should be addressed in your paper) are: 1. N 89'9"?!\" 309 Brief Company Description the business name, location, primary business, who you interviewed and their title/position. Existing Strategic Plan/Focus the owner's existing 'vision' (i.e., their long-term plan} for the business. Existing Situational Analysis your assessment of the existing SWOT and 4P's. Proposed product/service focus your proposed changes in the product or service offerings. Proposed Marketing Strategy your modied vision (longterm plan) for the business. Proposed Marketing Mix your modied 4P's. Financial projections the estimated costs/prots related to your proposal (not the business's current nancial status} in terms of: (i) any initial capital outlay, (ii) any ongoing operational costs, (iii) when I can expect to see additional prots as a result of your proposed changes. Implementation Plan the specic details related to your plan. Monitoring and Evaluation as the owner, what should I watch for that will tell me how successful your new plan has been for my business

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

Foundations of Marketing

Authors: William M. Pride, O. C. Ferrell

3rd Edition

618973370, 547154569, 9780618973378, 978-0547154565

More Books

Students also viewed these Marketing questions

Question

7. Identify key principles of effective negotiations.

Answered: 1 week ago