Purpose of Assignment
This assignment is designed to help students analyze and interpret primary and/or secondary data and research. First, students will be provided with a marketing report that allows for preparing basic executive level data insights. Second, they will be allowed to pick a company and product or service. This assignment will help prepare students for the development of their marketing plan. Students will be creating a marketing plan (refer to Marketing Plan and Outline document) so they may want to choose a company and product or service that has data readily available or where they can use demographic/psychographic data to provide insights.
Assignment Steps
Part 1:
Analyze the Week 1 Business Growth Overview dataset. This is a marketing report generated by an analyst for the Senior Vice President (SVP) of Marketing at a large corporation. The analyst is new and has provided summary data but no insights or commentary for the SVP.
Construct a minimum 525-word memorandum for the SVP providing insights and commentary. The memorandum should include your analysis of the following:
· Major areas of increase and decrease in revenue or type and/or category of business
· Trends that are evident in terms of revenue or type and/or category of business
· Insights that would help formulate marketing strategies to either continue growth or reverse decline
· Additional analysis you (if you were SVP) would like to build a marketing goal and strategy or strategies (and why)
Part 2:
Select a global or multi-regional (does business in more than one country) company and one of its products or services that will serve as the basis for your marketing plan. You should obtain two years of annual reports as well as two years of 10K reports (provides a comprehensive overview of the company's business and financial condition and includes audited financial statements) for your data source. Once you have selected your product or service, you must define the size and type of your selected company that provides the product or service (available from annual reports). This need not be elaborate but must include total number of employees, production volume, distribution methods, and so forth. Record this information in a summary document as outlined below.
Company and product selection is a critical part of this project. You must ensure your proposed company can implement the marketing methods discussed in Marketing Management.
Prepare a minimum 175-word summary document and send it to your instructor as a record of your selection. The summary document should include the following:
· Name of Company
· Location of Company Headquarters
· Name of Product or Service selected
· General description of company (number of employees, revenue, type of ownership, web page, etc.)
· General description of product or service
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
DataYTD (Jan-June 2016 vs. ...
Purpose of Assignment This assignment is designed to help studen.docx
1. Purpose of Assignment
This assignment is designed to help students analyze and
interpret primary and/or secondary data and research. First,
students will be provided with a marketing report that allows
for preparing basic executive level data insights. Second, they
will be allowed to pick a company and product or service. This
assignment will help prepare students for the development of
their marketing plan. Students will be creating a marketing plan
(refer to Marketing Plan and Outline document) so they may
want to choose a company and product or service that has data
readily available or where they can use
demographic/psychographic data to provide insights.
Assignment Steps
Part 1:
Analyze the Week 1 Business Growth Overview dataset. This is
a marketing report generated by an analyst for the Senior Vice
President (SVP) of Marketing at a large corporation. The
analyst is new and has provided summary data but no insights or
commentary for the SVP.
Construct a minimum 525-word memorandum for the SVP
providing insights and commentary. The memorandum should
include your analysis of the following:
· Major areas of increase and decrease in revenue or type and/or
category of business
· Trends that are evident in terms of revenue or type and/or
category of business
· Insights that would help formulate marketing strategies to
either continue growth or reverse decline
· Additional analysis you (if you were SVP) would like to build
a marketing goal and strategy or strategies (and why)
Part 2:
Select a global or multi-regional (does business in more than
one country) company and one of its products or services that
will serve as the basis for your marketing plan. You should
2. obtain two years of annual reports as well as two years of 10K
reports (provides a comprehensive overview of the company's
business and financial condition and includes audited financial
statements) for your data source. Once you have selected your
product or service, you must define the size and type of your
selected company that provides the product or service (available
from annual reports). This need not be elaborate but must
include total number of employees, production volume,
distribution methods, and so forth. Record this information in a
summary document as outlined below.
Company and product selection is a critical part of this project.
You must ensure your proposed company can implement the
marketing methods discussed in Marketing Management.
Prepare a minimum 175-word summary document and send it to
your instructor as a record of your selection. The summary
document should include the following:
· Name of Company
· Location of Company Headquarters
· Name of Product or Service selected
· General description of company (number of employees,
revenue, type of ownership, web page, etc.)
· General description of product or service
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
DataYTD (Jan-June 2016 vs. Jan-June 2015)QTD (Apr, May,
Jun 2016 vs Apr, May, Jun 2015)MTD (June 2016 vs. June
2015)YTD Days129125Global BreakoutRevenue2016
Revenue/DayPY RevenuePY2015 Revenue/Day%
TotalPMSalesAmt (+/-)V$V%Sales - Avg/DayAmt(+/-)
Days2016 GP $2016 GP/Day2015 GP$2015 GP/DayGP-
Avg/DayGlobal BreakoutRevenue% TotalPMSalesAmt (+/-
)GPGlobal BreakoutRevenue% TotalPMSalesAmt (+/-)GP$
13,644,073$ 105,768$ 12,122,016$
96,976100%59%12.6%1,526,7799.1%8,7927,994,12761,9707,15
6. 201,704$ 1,564$ 127,829$ 1,0231%49%57.8%73,881$
540.9652.9%52.9%54199,64577272,72458232.8%Check Gmbh$
100,1711%48%2835.2%96,7583186.6%Check Gmbh$
31,7401%45%-7.1%-2,426-27.9%Francios and Sons$ 186,532$
1,446$ 120,018$ 9601%49%55.4%66,499$
485.8450.6%50.6%48690,40770150,89240772.1%Francios and
Sons$ 96,7551%50%-7.0%-7,283-16.9%Francios and Sons$
29,1541%54%3.7%1,0405.0%Euro Ltd$ 177,660$ 1,377$
151,851$ 1,2151%54%17.0%25,814$
162.4013.4%13.4%16296,31974790,6277253.0%Euro Ltd$
75,1561%55%19.1%12,05319.1%Euro Ltd$
28,4521%58%126.6%15,896119.5%Marketing Accounts$
2,759,521$ 21,392$ 2,503,663$
20,02920%63%10.2%255,418$
1,362.336.8%6.8%1,3621,741,29513,4981,591,26912,7306.0%
Marketing Accounts$
1,381,92720%63%8.9%112,9406.3%Marketing Accounts$
447,02520%56%6.4%26,8896.8%
DefinitionsYTDYear to DateQTDQuarter to DateMTDMonth to
DateYTD Daysnumber of selling days in the current year (or
comparable year, depending on location in header)Days
AdjDays Adjusted---in finance, each month may have a
different number of reporting/selling days based on how a
quarter is measured. Some companies use a 5 week, 4 week, 4
week quarter to standardize the reporting/selling days. Days
adjusted means that when comparing different years you are
comparing the same number of days.Domestic United
StatesINTLInternational or ROW (Rest of World)PMPrior
MonthV$Growth in dollarsV% Growth percentGPGross
ProfitCustomer RankClassification schema for determining
selling activities. Acquire-gain new customers, Expand-grow
within customer, Retain-keep customer, Serve-get service
business in addition to product sales, non-coded--not coded
Customer ClassClassification schema by industry or area.
Commercial-US/domestic. Used when not classifed by industry
type. INTL-international customers. Municipal-self-
7. explanatory. Reseller-other--resellers of your products to other
end users except where classifed ( i.e. Reseller-Industrial
hygiene). Industrial labs, Governement, Education--specific
classifications. Other--catch all when not a company cannot be
classified in one of the previous categories.
Title
ABC/123 Version X
1
Marketing Plan Outline and Timeline
MKT/571 Version 10
1
University of Phoenix MaterialMarketing Plan Outline and
Timeline
Marketing Plan
You are expected to develop a marketing plan, according to the
outline below, for a product or service of your choosing. The
product or service must be identified by the end of Week 1. The
product or service you select is used to develop the assignments
for Weeks 2 through Week 6. References must be included for
each section.
There are no defined standards for the length of the marketing
plan; however, your plan must disclose complete marketing
strategies and provide reliable and valid references and data
supporting the strategies to convince the target audience. The
plan must be written in plain language that would be easily
understood by stakeholders.
Marketing Plan Outline
Your final marketing plan must consist of the following
sections. Refer to the timeline for due dates for each section and
8. subsection. Assignments may include modifications to these
lists. Please use lists provided in assignments only.
· Executive Summary:
· Strategic Objectives
· Products or Services
· Resources Needed
· Projected Outcomes
· Situational Analysis:
· Vision, Mission, Strategic objectives, Values
· Internal Analysis
· Strengths/Weaknesses
· Capability/Capacity
· Competitor’s Strengths/Weaknesses
· Technological Competency
· Product or Service Analysis
· Market Segments
· Research
· Primary Research
· Secondary Research
10. · Creating a Brand Image
· Maintaining Brand Image
· Branding Concerns
· Distribution Strategies
· Channels, Mass, Selective, Exclusive
· Promotion/Integrated Marketing Communication
· Advertising Strategy/Objectives
· Push and Pull
· Media Strategy
· Advertising Execution
· Sales Promotion
· Direct Marketing
· Public Relations/Strategies
· Positioning
· Dynamic/Static Pricing Strategies
Marketing Plan Timeline
Week 1: Marketing Plan Topic
11. · Consider your company and product or service selection in
Week 1. You may select an existing type of product or service
or a new product or service but it must be global or multi-
regional. Once you have selected your product or service, you
must define the size and type of company that provides the
product or service (available from annual reports). This need
not be elaborate but must include total number of employees,
production volume, distribution methods, and so forth.
Company and product or service selection is a critical part of
this project. You must ensure your proposed company can
implement the marketing methods discussed in the text.
· Key to creating an effective marketing plan is the ability to
analyze the environment in which the product or service will be
offered. The Week 1 assignment allows you to begin to
understand various reports and how they can be used in your
marketing plan.
Week 2: Understanding Target Markets
· To develop effective relationship marketing, a company must
first understand its targeted consumers’ buying influences and
behaviors. In Week 2, create the Research section of your plan.
In addition, create the first two parts of the Target Market
section, which includes performing the demographics and
psychographics analysis.
Week 3: Promotion and the product life cycle
· All products/services go through a life cycle of NPI (new
product introduction), growth, maturity and decline. These
various stages affect the marketing strategy and promotional
efforts. In Week 3, you will incorporate a promotion strategy
that addresses at least three areas of the product life cycle.