For the marketing plan assignment you are going to develop Part C of the strategic marketing plan. Be sure you include detailed research, information, and analysis to present the assignment's require
Part C: Strategic Marketing PlanStudent Name
MKT 574
University of Phoenix
Date
Prof. Ismael Hau
Market Strategy, Marketing Channels, Implementation, and Monitoring
New Target Markets
Determine any new markets for your strategy and describe how you will provide value to each target market. (Remember not to include the instructions and the examples)
New Markets | Value of the Target Market |
Marketing Mix for New Target Markets
Determine adaptations for each new target market.
Product | |
Price | |
Distribution | |
Traditional Promotion | |
Online Promotion |
Marketing Implementation
Create the implementation for your marketing plan. Describe how you will organize and implement the plan, such as whether it will be organized by market, geography, and who is responsible for marketing decisions. (Remember not to include the instructions and the examples)
Marketing Communication Channels
Evaluate the marketing communication channels you will use to reach selected audiences. Include Internet and traditional communication channels to convey key messages. Describe the advantages and disadvantages of each channel you select. Insert or remove rows as needed.* (Include the reference within the corresponding column in the table).
Channel | Target Market | Advantages | Disadvantages |
*(Add a brief summary (double spaced) about what the information in the table means)
Strategic Actions
Develop specific activities required to implement the marketing plan. Identify the person or role who will be responsible for each action, when it will be complete, and what standard or metric indicates that the activity is complete. Insert or remove rows as needed.* (Include the reference within the corresponding column in the table). (Remember not to include the instructions). In Part C, the Strategic Actions section, the fourth column (right side), requires two things: 1) the person or role who will be responsible for each action 2) when it will be completed and what standard or metric indicate that it is completed. It is important to include both requirements.
Action | Date for Completion | Person / Role Responsible | Standard | Metric |
*(Add a brief summary (double spaced) about what the information in the table means)
Monitoring
Develop the measurement to identify how you know you have been successful for each strategic action. Specify the measures to track performance against goals. Identify standard reports from your online and traditional marketing efforts. Insert or remove rows as needed.* (Include the reference within the corresponding column in the table). (Remember not to include the instructions and the examples)
Action | Target | Person Responsible | Inter-measurement |
*(Add a brief summary (double spaced) about what the information in the table means)
References