Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You may choose any known organization (for-profit, not-for-profit, small, medium, large, existing, new start-up, established organizations are all permitted) or make one up for your

You may choose any known organization (for-profit, not-for-profit, small, medium, large, existing, new start-up, established organizations are all permitted) or make one up for your Plan. If you make up your own organization, you will need to find (and reference where applicable) information that is relevant to this type of organization. If you are unsure, it is strongly suggested that you use an existing company. Focus on one or two major products/services rather than the whole organization

Marketing Plan Format

Review the Sample Marketing Plan in Appendix 1 of your etext. Follow the table of contents below, using the Sample in the etext as a guide only for the type of content expected in each section. Many sections are similar. For example, both the Sample and this assignment include a SWOT analysis.

Important: A minimum of 3 scholarly sources including your etext are required. Use in-text citations throughout the paper.

Name of the Page

Table of Contents

  • Use the headings show in this example as your table of contents.

Introduction to Organization and Product/Service and Microenvironment

  • Background and explanation including the one or two products/services you are focusing on
  • Include main actors in the micro environment (incorporate relevant aspects of Dropbox 2 into this part; see Chapter 3).
  • Include a discussion of the main forces in the macroenvironment (incorporate relevant aspects of Dropbox 2 into this part; see Chapter 3).

Basic Marketing Research

  • What marketing research does the organization plan (incorporate relevant aspects of Dropbox 2 into this part)?

SWOT Analysis

  • Strengths, Weaknesses, Opportunities, Threats - a chart format is OK for this section - see SWOT section in the Sample Marketing Plan in the etext.

Competitive Analysis

  • See the Competitive Review section in the Sample Marketing Plan in the etext.

Marketing Objectives

  • Be specific, preferably measurable objectives, explain - see Objectives and Issues section in the Sample Marketing Plan in the etext.

Positioning, Target Market and Segmentation

  • Make a positioning statement or improve upon the one the organization currently has (this can be a short phrase or one-liner - see page 204 of the etext under "Differentiation and Positioning" for examples). What is the segment and who is the target market? Make a small chart similar to Table A1.1 in the Sample Marketing Plan in the etext.

Marketing Mix Strategies

Describe strategies for all 4 P's of marketing, or how to improve what a company is currently doing; See Marketing Strategy section in the Sample Marketing Plan in etext but describe these in further detail with full analysis for each separately - this may be your largest section of the report.

  • Product
  • Price
  • Place
  • Promotion and Integrated Marketing Communication (also incorporate Dropbox 5 into this area)

Ethical, Legal and Privacy Considerations

  • What ethical and legal issues present themselves? Consider any of these as relevant and describe how you would address these.

Conclusion

Appendix (optional)

  • Include any data and graphs or web printouts that are relevant but are too large to fit within the text of the report. This is an optional section.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Table of Contents Introduction to Organization and ProductService and Microenvironment Background an... 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_2

Step: 3

blur-text-image_3

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

Auditing The Art and Science of Assurance Engagements

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

13th Canadian edition

133405508, 978-0133405507

More Books

Students also viewed these Marketing questions