Marketing Assignment Help

Marketing Assignment Help


4 Ps of Marketing


 

This exercise will give you practice classifying and understanding the 4 Ps: the controllable marketing mix factors.

 

Marketing managers have several different tools at their disposal that they can control as part of the strategic marketing process. We call those tools the marketing mix—product, price, place (distribution), and promotion. Unlike the environment in which marketing takes place, these variables are controllable by the firm, and as such are the key to how marketers appeal to the customers in their target markets.


Growth Opportunities at Nike

 

 

As the marketing manager for Nike Golf, you have been asked to assess the strategic options for that business. For the purposes of this activity, you can assume that Nike Golf currently serves only the domestic (U.S.) market and lacks a presence in China, Russia, Brazil, or India. Additionally, you can assume that Nike’s existing product lines include golf accessories, such as gloves, golf balls, and golf clubs.

Growth Opportunities at Nike

 

 

As the marketing manager for Nike Golf, you have been asked to assess the strategic options for that business. For the purposes of this activity, you can assume that Nike Golf currently serves only the domestic (U.S.) market and lacks a presence in China, Russia, Brazil, or India. Additionally, you can assume that Nike’s existing product lines include golf accessories, such as gloves, golf balls, and golf clubs.

  

  

Scanning the Marketing Environment

This exercise will help you better understand the process of how businesses scan the marketing environment.


 

Changes in the marketing environment are a source of opportunities and threats to be managed. Environmental trends typically arise from five sources: social, economic, technological, competitive, and regulatory forces. Identifying and interpreting trends are essential to successful environmental scanning.



Coppertone: Understanding Sun Care Consumers


Coppertone, a leading sun care brand, has a long history of developing products that meet the ever-changing needs of customers. Coppertone’s earliest products were created to meet the consumers’ desire for tanning creams, while its recent products were created with consumers' desire for sun protection in mind. Understanding what is going on in consumers' minds, their behaviors, and their attitudes helps managers create and market brands that meet all of its consumers’ needs.


This activity is important because as a manager, you must determine why consumers purchase products. In order to do this, you will need to gain an understanding of the consumer purchase decision process and influences for your products. The consumer purchase decision process begins with problem recognition, followed by information search, alternative evaluation, purchase, and post purchase behavior.

 

The goal of this exercise is to demonstrate your understanding of the purchase decision process, as well as the external and internal influences that affect consumers as they make purchase decisions.

1.

As Dora is packing for her honeymoon to Hawaii, she realizes that all of her sunscreens have expired. Since the sun in Hawaii is so strong, she knows she wants the best sun protection possible. She calls her friend Dan, who is a dermatologist, for a recommendation. Dora is seeking information from a(n) ________ in the information search stage. 


Global Marketing Program

This exercise will help you better understand the program strategies of global marketing as they relate to different types of businesses.

A product may be sold globally in one of three ways: (1) in the same form as in its home market, (2) with some adaptations, or (3) as a totally new product. Additionally, if marketers choose to use the same or an adapted product, they then must decide whether to use an identical or adapted promotional strategy. Successful global marketers standardize global marketing programs whenever possible and customize them wherever necessary.


Carmex: Leveraging Facebook for Marketing Research

While Carmex has been marketing lip balm since 1937, only recently has Carmex begun to focus on competition and growth. Carmex has used social media tools to support many of its growth initiatives including product line extension, international growth, new product development, and product line expansion. Facebook provides Carmex with the unique opportunity to research potential lip balm varieties in the United States by engaging with its target audience online.

Marketing research is the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and recommending actions. Marketing researchers collect information to help marketing managers reduce risk and improve their marketing decisions. There are five steps in the marketing research approach: (1) defining the problem, (2) developing the research plan, (3) collecting relevant information, (4) developing findings, (5) and taking marketing actions.


Then, answer the questions that follow.


Carmex's first efforts in marketing research had the research objective of figuring out who it was as a company and what the Carmex name means. In the first stage of the marketing research approach, ________, the research objective is set.

 2.

To accomplish a successful repositioning of the brand, Taco Bell needed to inform its consumers that Taco Bell food should be thought of as an experience rather than as just fuel. In the communication process, Taco Bell would be the ________ and the consumer would be the ________.

3.

During the creative process, Taco Bell considered a number of different slogans, finally setting on Live Mas! The Live Mas! campaign reinforces Taco Bell’s position as a dynamic brand whose customers enjoy experiencing the world and trying things first. Live Mas! is Taco Bell’s ________ in the communication process.


3.

When communicating with its target audience, Taco Bell considered each of its ________, including social media channels, packaging, point of purchase displays, and advertising. These places of contact between a firm and its customers are critical elements for building an integrated marketing communication plan.

4.

s part of its integrated marketing communication strategy, Taco Bell utilized commercials aired during the Super Bowl. This form of ________ has an extremely large reach and hefty price tag.

5.

To give consumers an incentive to try its new Doritos Locos tacos, Taco Bell gave out free samples of the new tacos to its customers. The free Doritos Locos tacos giveaway is an example of 

6.

Bell allocates its promotional budget to 70 percent traditional media, which includes television advertising; 20 percent to digital media, which includes website development; and 10 percent to new media channels. The fact that the message consumers receive is the same regardless of which channel delivers it reflects Taco Bell’s dedication to 

7.

Twitter, Facebook, Vine, Instagram, and Snapchat were all utilized to engage customers during the Doritos Locos tacos introduction as part of the ________ component of the campaign.


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