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- Topic : Principle of Marketing Please read and answer thoroughly with clear and appropriate examples to illustrate as well as provide accurate information that is not shared wth other students so we dont have the same thing, please Each product will have a life cycle. Briefly explain each step in the Product Life Cycle (PLC), describing possible challenges and strategies which may be employed to sustain the sales and profitability of the product. Use appropriate examples to illustrate.You have to make a Marketing Plan. You have to choose your own company and product. 1. Executive summary2. Mission statement3. Marketing objectives4. SWOT analysis5. Market research6. Market strategy (Segmentation, targeting and positioning)7. Budget8. Conclusion/RecommendationHelp me create a mock Strategic Marketing Plan (approximately 3000 words - about 10 to 12 pages) for Olivine-Filtered Rain Barrels. · Company & Market Overview; · Market Segmentation & Targeting; · Situational & Company Analysis; · Customer Decision-Making Profile; · Positioning & Differentiation. · Marketing Information & Research; Branding; · Marketing Mix; · Ethics & Social Responsibility; etc.
- 6. What are the first three elements of a marketing plan? Select one: a. Mission statement, Marketing Strategy, Objectives b. Objective, SWOT Analysis, Marketing Mix c. Business Mission Statement, SWOT Analysis, Objectives d. Product, Price, Place, Promotion 10. How can a company let a consumer know they are a part of the green movement? Select one: a. Using third-party eco-logos. b. Using the color green in their advertising. c. Both a & b. d. None of these.The objectives/goals section offers more specifics about why readers arereading the marketing plan. What does the company want to achieve, bothoverall and with this particular marketing plan?1. Discuss the relationship of product and customer’s needs. 2. Discuss the relationship of price and cost of the customers. 3. Discuss the relationship of place and convenience. 4. Discuss the relationship of promotion and communications. 5. Are 4Cs important in marketing? Why? 6. Why is there a need to discuss 4Cs in marketing?
- .Critical evaluate any sustainable practices being currently implemented in the Spice Island Beach Resort discussing the pros and cons to the practices. 2. Design a comprehensive marketing strategy to assist Spice Island Beach Resort in making the property more competitive in today's global market .24.Among the decisions relating to a product that a company must make are the following: O a. Advertising, sales promotion and personal selling Ob. Branding, labeling and packaging O c. Segmentation, positioning and strategy O d. Environmental decisions 100 Clear my choice 82°F Mostly sunny Next page1. Analysis of Current Marketing Strategies Choose a hospitality business (e.g., hotel, restaurant, travel agency) andconduct an in-depth analysis of its current marketing strategies. Evaluate the effectiveness of their current marketing efforts in reachingtheir target audience and driving customer engagement. Identify any strengths, weaknesses, opportunities, or threats in theircurrent marketing approach.2. Development of Marketing Plan Based on your analysis, develop a comprehensive marketing plan for thechosen hospitality business. Clearly outline the goals, target audience, positioning, and marketingtactics to be employed. Include a detailed timeline and budget for implementing the marketingplan. Justify your choices by explaining how they align with the business'sobjectives and address the identified strengths, weaknesses,opportunities, or threats.3. Creativity and Innovation in Marketing Approach Demonstrate creativity and innovation in your proposed…
- Absolut, a vodka brand, marketing team analyzed the market of vodka drinkers, then broke it down by consumers age. The team chose to focus on university students who were new to drinking alcohol; these people represent the of Absolut. O a. focus group O b. business portfolio O c. value proposition O d. target marketAdvanced Marketing PlanAdvanced : Part IThroughout this course, you will compile a comprehensive marketing plan using one of the product/service scenarios listed below. (Note: You will use the same scenario throughout the course.) This scenario will be the basis of your start-up company and will be the catalyst for the three parts of the marketing plan that you will compose in Units II (Part I), IV (Part II), and VII (Part III). The company that you choose to submit a marketing plan for is a fictional start-up company (not an existing company).Scenarios for your start-up company are explained below. (Note that these descriptions are basic, and you will need to be creative and develop the business idea/model for your selected scenario.) Scenarios for your start-up company are explained below. (Note that these descriptions are basic, and you will need to be creative and develop the business idea/model for your selected scenario.)Scenario #1Travel Supreme is a start-up travel organization…Make BeatBox beverage company analysis as a below instruction. * Company Analysis : this section explains what the company’s strengths are and how the company is able toachieve its mission and goals. No situation is entirely new, but all situations are unique. Just how a firmarrived at the current situation is very important. Before trying to design a campaign, an agency shouldcertainly know a lot about the history of all the principal players, the industry, the brand, the corporateculture, critical moments in the company’s past, its big mistakes, and big successes.