Part C: Market Strategy, Marketing Channels, Implementation, and Monitoring

New Target Markets

Determine any new markets for your strategy and describe how you will provide value to each target market.

Marketing Mix for New Target Markets

Determine adaptions for each new target market.

$$ Products

$$ Price

$$ Distribution

$$ Traditional Promotion

$$ Online Promotion

Marketing Implementation

Create the implementation for your marketing plan. Describe how you will organize and implement the plan, such as whether it will be organized by market, geography, and who is responsible for marketing decisions.

Marketing Communication Channels

Evaluate the marketing communication channels you will use to reach selected audiences. Include Internet and traditional communication channels to convey key messages. Describe the advantages and disadvantages of each channel you select. Insert or remove rows as needed.

Channel Target Market Advantages Disadvantages

Example: Direct mail Middle class residential Can include coupons Expense and low return rate for given product