TYING THE MARKETING COURSE TOGETHER

  1. Choose an organization that does marketing. Make it easy on yourself and choose an
    organization that you can observe the marketing efforts of and are familiar with. If you
    choose a very large organization that markets many different products, focus your paper on
    one product or product line. For example, if you choose Chevrolet, address trucks (or even a
    particular model of truck), or Corvettes. You may choose any organization you wish, as long
    as it is in good taste and markets something. If you have trouble choosing an organization, go
    to the mall, surf the net, etc. you are surrounded by marketing organizations.
  2. Create a SWOT analysis for the organization you chose.
  3. After choosing an organization, your next step is to identify and describe the target market
    for the products(s) about which you are writing. Do not say something like “young, mid-toupper class women who wash their hair,” but consider the target market identified and
    described. Try to pinpoint the thing(s) that makes the target market respond to the firm’s
    marketing mix in ways that are different from people who are not members of it. For
    example, “young mid-to-upper class women who wash their hair, perceive that they might
    have a dandruff problem, are motivated by prestige and glamour, and like to pamper
    themselves and are willing to pay a little extra to do it.” A good statement lets you say who is
    in the target market and who is not. It is very difficult to do a good job on this paper if you do
    a poor job of defining the target market. I will look at your definition of the target market if
    you like.
  4. After discussing the target market, you should then discuss the marketing-mix (the four Ps)
    the firm is using to attract the chosen target market. You should describe each of the four Ps,
    then discuss and analyze how each one is being used to position the product and attract
    members of the target market. You should also address the synergy of the four Ps together,
    especially if you see that one or more does not fit the others.
  5. After discussing the firm’s marketing mix, you should assume the role of marketing
    consultant and make specific suggestions for improving the firm’s effectiveness. These
    suggestions can be in the form of changes to any part of the current marketing mix to fix
    problems you identified. If you did not identify problems, you should make suggestions for
    additional marketing activities. It is important that you say why you make the suggestion and
    how it will result in better appeal to the target market. These suggestions should be specific
    and not generic. Generic suggestions are “advertise more” or “improve the sales force.” A
    specific suggestion is “improve effectiveness of the sales force by starting a training program
    that emphasizes closing and presentation skills.” Remember that your suggestions should be
    addressed at specific problems or opportunities so that you can justify them.

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