Marketing Plan
Throughout this course you will compile a comprehensive marketing plan using one of the product scenarios below (note you will use the same scenario throughout the course). The company that you choose to submit a marketing plan for is a fictional start-up company based upon the scenarios provided. Submissions will be completed in units II, IV, VI, and VIII which together will comprise a full marketing plan. The general overview is as follows:
Unit II Scholarly Activity
Marketing Plan: Company Overview and Market Research
• Overview of Company
• Market Research Strategies
• Analyzing Macro-environment-PEST Analysis
In this section of the Marketing Plan, you will introduce the fictional company you have selected/created, allowing the reader to understand the company, product/service, and any other pertinent details. Marketing plans are compiled by companies that have incorporated a solid marketing research strategy in order to better understand the industry, competition, and customer. Explain the research strategies that will be used by your company. Finally, analyze the macro environment using a PEST analysis. This will lead to a better understanding of how changes in the political/legal, economic, socio-cultural, and technological environment will affect your company.
Your APA formatted assignment should be a minimum of three (3) pages in length (not including the title and references pages). Be sure to use the subheadings as given above. Because this assignment is a comprehensive plan, additional research and support should be included. You are required to use a minimum of three peer-reviewed, academic sources that are no more than five years old.
6. Travel Today, a well-known travel agency that has been serving customers for 25 years, has experienced a slow- down of business over the last five years. They are of the belief that the internet has enabled customers to plan and book their own vacations. Their business development department has begun researching possible
alternative new product/service offerings with the idea of re-capturing some of their lost customers.
Kotler, P., & Keller, K. (2012). Marketing Management (14 ed.). Upper Saddle River, NJ: Prentice Hall
No Wiki, no dictionary.com, please cite all work
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