Strategic Marketing Plan
Timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 17, 2017Experience end
Timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 24, 2017Submission of marketing plan copy for grading
-
November 17, 2017Experience end
Categories
Market research Marketing strategySkills
market segmentation strategy marketing mix market research teamwork communications skillsBusiness students will address a marketing challenge or opportunity of your choosing, applying marketing concepts and principles to provide you with strategic recommendations.
The final project deliverable is a formal marketing plan, which includes:
- An executive summary
- A clear statement of the marketing issue (problem or opportunity)
- A thorough environmental analysis, identifying organizational strengths and weaknesses along with opportunities and threats (SWOT analysis)
- A segmentation analysis
- 3 alternative strategies to resolve the marketing issue
- A recommended strategy, cost/benefit analysis and marketing mix
- An implementation timeline
Project timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 17, 2017Experience end
Timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 24, 2017Submission of marketing plan copy for grading
-
November 17, 2017Experience end
Project Examples
Starting this September, a group of 5-6 students will work with your small business or not-for-profit organization to assist your marketing strategy.
You provide students with a marketing issue, challenge or opportunity, and they work over the semester to research and provide solutions and recommendations. You'll receive insights from the student demographic that take into account best practices of market segmentation and integrated marketing communications.
Project focus can include, but is not limited to:
- Researching new markets or new locations
- Pricing strategies
- New product introduction
- Social media plans
- Marketing communications plans
Companies must answer the following questions to submit a match request to this experience:
Complete the memorandum of understanding with the students (mandatory)
Meet with students, either in person or by phone/Skype/email to discuss the marketing issues and provide information (mandatory)
Confirm receipt of final marketing plan from students when contacted by professor (mandatory)
Complete follow-up survey approx 1 month after receiving final assignment (voluntary)
Timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 17, 2017Experience end
Timeline
-
September 19, 2017Experience start
-
September 15, 2017Identification of organization to work with
-
September 22, 2017Submission of completed memorandum of understanding
-
September 22, 2017Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
October 20, 2017Submission of initial analysis for feedback and grading
-
November 24, 2017Delivery of final marketing plan to business
-
November 24, 2017Submission of marketing plan copy for grading
-
November 17, 2017Experience end