Yahila Shampoo Market Plan Discussion Paper
Description
MKT21 Marketing Plan Topic Outline (Proposal)
Your first (easy) written assignment will be to submit a Marketing Plan Topic outline.
Feel free to make a numbered list (#1 through #5) and submit it to me.
Here are the instructions or you can download a copy to print:
Marketing Plan Topic Proposal instructions
Your Marketing Plan Topic outline (should only be about a page in length)
(Purpose of this assignment is to get you thinking and tomake sure the product/service is family friendly if yourproduct/service is not appropriate, I will let you know)
You must first have a new product or service (also called an offering).
Specifically, answer the following questions: Feel free to make a numbered list and submit it to me.
- What is your product or service?
- Why have you selected this product or service? (Personal interest? Market Potential?)
- What are the major features, benefits, advantages (F.A.B.)?
Example:
Product characteristic is…_______________ (FEATURE)
You will be able to… _______________ (ADVANTAGE)
What this means to this customer is… _______________ (BENEFIT)
- What problems will it solve for potential customers? Put another way, what are you really selling?
REMINDER: You may have to fill a need or sometimes you have to create a need.
(example: to help the customer _________…. )
- What is unique about your product or service? This could be justabout anything. For example, it could be a competitive advantage yourproduct or service will have, a unique way of delivering it to thecustomer, or a new way of marketing an existing product. Most likely,your product will be competing against established competitors so I willneed to see how it can be successful.
We will assume your product has already been through the research and development stage, etc.
example:If your product is a flying car, we will assume it has already beencreated and ready to begin marketing. No need to spend time on testingproduct, creating product, etc.
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