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MARKETING MAKEOVER PLAN

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MARKETING MAKEOVER PLAN

MARKETING OBJECTIVES

[Write out 1-3 most important product-specific marketing objectives that your marketing makeover plan seeks to achieve for the chosen product]

TARGET MARKET

Current Target Market

[Identify and discuss the current target market for the chosen product]

Proposed Target Market

[Identify and describe in detail one key target market for your chosen product; create a profile of the ideal customer representing the target market; identify and discuss the characteristics of the target market customer in relation to several descriptors such as demographic, psychographic, geographic, geodemographic, benefits sought, or usage rate descriptors; justify why you chose the particular target market]

PRODUCT – BRANDING

Current Branding

[Identify and describe the current branding strategy; describe and discuss any existing branding, including current use of brand mark and brand name and their potential issues; identify, describe, and discuss its existing packaging and packaging functions including their issues]

Proposed Branding

[Identify, describe, and justify your proposed branding strategy; describe and discuss your proposed branding, including suggestions for better use of brand mark and brand name development; identify, describe, and justify your proposed packaging and packaging functions]

PRODUCT – POSITIONING

Current Positioning

[Identify and describe the product’s current positioning]

Proposed Positioning

[Identify, describe, and justify your proposed (re)positioning for the product, including suggested changes; discuss the proposed (re)positioning relative to competition; identify the positioning bases of major competitors; create a perceptual map that reveals the relative positions of competitors and the company’s product’s current and proposed positioning]

MARKETING ENVIRONMENT

Social Factors

[Identify and describe product-relevant consumer attitudes and social trends]

Economic Factors

[Identify and describe macro social-economic conditions relevant to product category demand]

Technological Factors

[Identify and describe technological developments in the product’s industry]

Legal Factors

[Identify and describe major laws and regulations that may affect the product’s industry]

PLACE – MARKETING CHANNELS

Current Marketing Channels

[Identify and discuss the current level of distribution intensity of your product; identify current marketing channels]

Proposed Marketing Channels

[Identify and justify your proposed distribution intensity, including major changes; and identify specific marketing channel choices, including the specific type of store and non-store retailers you propose for your product; discuss any changes in marketing channel use]

PROMOTION – ADVERTISING

Current Advertising

[Identify and describe the current use of advertising in the product’s marketing communications, including the specific advertising appeals, executional styles, and media choices used]

Proposed Advertising

[Identify, describe, and justify your proposed use of advertising, including changes; offer and describe specific ideas about how you propose advertising should be used, including identifying proposed advertising appeals, executional styles, and associated media choices; discuss the changes]

PROMOTION – SALES PROMOTION

Current Sales Promotion

[Identify and describe the current use of sales promotion in the product’s marketing communications, including current use of sales promotion tools]

Proposed Sales Promotion

[Identify, describe, and justify the proposed use of sales promotion in the product’s marketing communications, including the proposed use of sales promotion tools; highlight changes]

PROMOTION – EVENT MARKETING

Current Event Marketing

[Identify and describe the any current use of event marketing in the product’s marketing communications, including current events]

Proposed Event Marketing

[Identify and describe the proposed use of event marketing in the product’s marketing communications, including proposed marketing events; highlight changes]

PROMOTION – PUBLIC RELATIONS

Current Public Relations

[Identify and describe the current use of public relations in the product’s marketing communications]

Proposed Public Relations

[Identify, describe and justify how, when, and for purposes you propose public relations should be used in marketing communications for your product; highlight changes]

PROMOTION – SOCIAL MEDIA

Current Social Media Use

[Identify current social media objectives; identify and describe the current use of social media tools in the marketing communications, including the specific social media tools used for the product]

Proposed Social Media Use

[Identify proposed social media objectives; identify and describe the proposed use of social media tools in the marketing communications, including the specific social media tools to be used for the product; highlight changes]

PRICE – PRICE STRATEGY AND PRICING DETAILS

Current Pricing

[Identify and discuss the current pricing goal, the current price strategy including the base price and tactics used for fine tuning the base price relevant for the product currently]

Proposed Pricing

[Identify and justify the proposed pricing goal, the proposed price strategy including the base price and suggested tactics to be used for fine-tuning the base price relevant for the product; highlight changes]


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Details

  • Title: MARKETING MAKEOVER PLAN
  • Price: £ 99
  • Post Date: 2024-08-28T18:23:38+00:00
  • Category: Assignment
  • No Plagiarism Guarantee
  • 100% Custom Written

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