Purpose: To have students identify the importance of knowing who and how to target a business customer. The exercise is devised to see how brand name companies use the market-mix principles:
Skill Building:
You are also completing this project to help you develop the skills of research, writing and developing a report. Writing is critical because in business it is important to convey information clearly and concisely and to develop a personal brand. Developing a personal brand is important because it is the ongoing process of establishing an image or impression in the minds of others especially those in positions above you. Having a strong personal brand can lead to opportunities that include promotions.
Skills: Research, Writing, Developing a Personal Brand.
Outcomes Met With This Project:
Instructions:
Step 1: Research the three companies
Step 2: Analysis
To complete the analysis, all conclusions drawn in the discussion of every element must be supported by the class material, website facts, and any additional research conducted.
Introduction
Provide the proper name of the three companies and briefly describe the products you reviewed along with any relevant history about these products/brands.
Four Ps of Marketing
Describe the key marketing strategies of the selected companies. You should base your evaluation on what you observe on the three websites about how the four Ps are applied to the products. Be specific in discussing design, promotional activities and other information provided on each website.
Identify and discuss the target market each company is trying to reach.
Conclusion
In this section you should draw conclusions about the proven or possible success of the products for the three companies based on the strengths and weaknesses of each website. Using the strengths and weaknesses of each website, explain how each company uses the four marketing Ps to ensure the success of its product?
Step 3: Review the Analysis
Read the paper to ensure all required elements are present. Use the grading rubric to ensure that you gain the most points possible for this assignment.
Proofread the paper for spelling and grammatical issues, and third person writing.
Step 4: Submit the paper in the Assignment Folder (The assignment submitted to the Assignment Folder will be considered the student’s final product and therefore ready for grading by the instructor. It is incumbent upon the student to verify the assignment is the correct submission. No exceptions will be considered by the instructor).
How to Set Up the Paper
Create a Word or Rich Text Format (RTF) document that is double-spaced. Use 12-point font. The narrative of the paper should be between 3 and 4 pages long.
Add the Worksheet to the end of the document.
Use a title page with your name, Course number and name, instructor name and date.
Requirements to Follow
Rubric
Worksheet
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 1.7
Above Average – 1.7 points
Thoroughly and accurately completes all elements of the worksheet.
(1.53 – 1.7)
Introduction
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 0.85
Above Average – 0.85 points
Correctly provides the proper name of the three companies and briefly describes all products reviewed along with any relevant history about these product/brand providing a thorough use of website information to support reasoning and conclusions.
(0.765 – 0.85)
Four Ps of Marketing
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 3.4
Above Average – 3.4 points
Thoroughly and correctly describes the key marketing strategies of each company based on how each company’s website demonstrates the four Ps specifically covering design, promotional activities and other information using collected website information AND course material to support the reasoning and conclusions.
(3.06 – 3.4)
Target Market
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 3.4
Above Average – 3.4 points
Thoroughly and correctly identifies and discusses the target markets of the three companies using collected website information AND course material to support the reasoning and conclusions.
(3.06 – 3.4)
Conclusion
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 3.4
Above Average – 3.4 points
Thoroughly and correctly draws conclusions from the identified strengths and weaknesses that explain how each company uses the four marketing Ps to ensure the success of its products using collected website information AND course material to support the reasoning and conclusions.
(3.06 – 3.4)
Attention to Instructions
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 1.7
Above Average – 1.7 points
The paper contains all major assignment tasks. The paper also includes completion of all minor aspects of the assignment such as table creation if required, third person writing, required use of course material, outside sources if needed, inclusion of page and paragraph number, no use of books, assignment format and avoidance of using direct quotes.
(1.53 – 1.7)
Writing Mechanics
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 1.7
Above Average – 1.7 points
Strictly adheres to standard usage rules of written English using paragraphs and sentence rather than bullets, including but not limited to capitalization, punctuation, run-on sentences, missing or extra words, stylistic errors, spelling and grammatical errors. No contractions or jargon used. Zero to two errors noted.
(1.53 – 1.7)
APA Style (6th ed.)
Above Average
Sufficient
Developing
Needs Improvement
Failure
/ 0.85
Above Average – 0.85 points
One to 2 APA style or usage errors; Proper citation of source material is used throughout paper; Reference titles follow APA with only the first word, the first word after a colon and proper nouns capitalized.
(0.765 – 0.85)
WhatsApp us