Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

2 Subjects

Marketing Management Individual Project (MMIP) Develop Value Offering Product Experience Assignment

Marketing Management Individual Project (MMIP) Develop Value Offering Product Experience Assignment

Q To review the assignment information, click on the document name to view or download the document. Scroll to view or download the embedded rubric. Marketing Management Individual Project (MMIP): Develop Value Offering Product Experience Assignment Instructions Download Marketing Management Individual Project (MMIP): Develop Value Offering Product Experience Assignment Instructions Note: Your assignment will be checked for originality via the Turnitin plagiarism tool. For more information about Turnitin, click here (Links to an external site.). LUO Submission Policy The first submission of this assignment will be used for grading. If you need an exception to this policy, please contact your faculty member. Submit this assignment by 11:59 p.m. (ET) on Sunday of Module 5: Week 5. MARKETING MANAGEMENT INDIVIDUAL PROJECT (MMIP): DEVELOP VALUE OFFERING PRODUCT EXPERIENCE ASSIGNMENT INSTRUCTIONS OVERVIEW Each student must complete an individual marketing project. Your first task is to select a project topic. No two students will work on the same product/service. This must be an existing product, service, or organization. INSTRUCTIONS Each project installment must include a title page that has the name of the project topic in it. Each of the five questions should be numbered and written out in its entirety in the pages that follow. The entire document (all five questions, combined, but not counting references) should be at least 600 words (12-point Times New Roman font, double spaced), and include a separate references page. All content must show direct application to the topic and exclude definitions of terms and general explanations of generic marketing topics. The assignment should be submitted as a Microsoft Word document. When completing an assignment for a given module, view the entire course textbook (all chapters) as a resource for the assignment, meaning it may be necessary to locate assignment-related material in chapters other than those corresponding with the module in which the assignment is located. While the effort has been made to ensure that all material necessary for assignment completion is found in the textbook, contact the instructor immediately if information needed to complete the assignment cannot be located in the textbook. The instructor will then provide instructions on locating the required material. Quotes must be minimized and long quotes (40 words or more) avoided. Outside sources to be cited include scholarly marketing journals (Journal of Marketing, Journal of Marketing Research, Journal of Consumer Research, etc.), practitioner publications, and the course textbook. Assignments must be submitted though Turnitin. Questions Q1. Explain your product planning efforts. (Ch. 8) Q2. Explain the product’s/service’s current life cycle stage (introduction, growth, maturity or decline). Select one stage to discuss and omit the others. (Ch.8) Q3. Discuss your techniques of building the equity of your brand. (Ch.9) Q4. Discuss several branding decisions recently made or appropriate to make. (Ch.9) Q5. Describe the support services and post-sale service arrangements provided by the firm and required by buyers. (Ch.10)

View Related Questions

Solution Preview

Q1. Explain your product planning efforts The online retail products of Amazon will be designed, promoted, priced, as well as distributed by keeping the products convenient and safe for customers. This is because the procedure of delivery as well as packaging of the finished products will be important for making online consumers not mistrust the organization’s efforts. The safety in the online retail products will be required to ensure that the purchasing and consuming of the products make online customers acquire COVID-19 virus. There will be combinations of online retail products formulated to ensure that customers can gain more value proposition from the products offered to them. Trust of customers must be won by eliminating ways in which customers can mistrust customers (Marshall & Johnston, 2019). Q2. Explain the product’s/service’s current life cycle stage (introduction, growth, maturity or decline). Select one stage to discuss and omit the others. The online retail products of Amazon are in the maturity stage. This is because of the ways in which the products are regularly ordered online via global consumers and consumed by them. The maturity stage of these products provides confidence to the organization to continue to earn high annual revenues because of regular sales and sales in bulk. The discounted prices of these products ensure that the consumers keep showing their loyalty to these products in future also. Therefore, the profit percentage earned by selling one unit of