Question
Provide a marketing strategy for the brand you choose. The strategy should reflect the marketing mix product, place, price and promotion. The brand must fulfill
Provide a marketing strategy for the brand you choose. The strategy should reflect the marketing mix product, place, price and promotion.
The brand must fulfill these conditions:
i.Local brand made in Malaysia
ii.Must be an existing brand or a brand that intends to be introduced in Malaysia.
The report must consist of the following:
i.Executive summary
ii.Brand overview describe the current status of the brand with a brief historical background. You may also define the brand's current state on the Product Life Cycle (PLC)
iii.Competition Overview discuss the competition or potential competition
you may have
iv.Target market who is being targeted for your brand?
v.Segmentation Demographic, Behavior, Psychographic, Geographic
vi.SWOT analysis
vii.Product description of your product. Also include packaging plans if any.
viii.Place choice of retail strategy
ix.Price penetrative or skimming strategy
x.Promotion pull or push strategy. Choice of medium digital or
traditional
xi.Conclusions and Recommendations suggestions for change in current
practices if any to make it more effective should be discussed.
xii.Appendix any other information you may provide
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