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Marketing Research Project 2-Amazon

Marketing Research Project 2-Amazon

Q Marketing Research Project 2 - 250 points The Marketing Research Paper should demonstrate an understanding of the materials (texts, assignments, and discussions) covered in this course. Assignment Details: After completing your work in Part 1 of this assignment, you now have a chance to assume the role of a Marketing Consultant. You will combine both Parts 1 & 2 for your final submission of this assignment. Please continue to apply your critical thinking skills in Part 2 and address the following in your paper: Based on what you have discovered about the organization you are researching, how well have they lived up to their Mission and Vision Statements? What recommendations would you make for this organization relative to their Mission and Vision Statements? How does an organization’s Mission and Vision impact their consumer base? 1. Based on what you have learned about your organization, what recommendations do you have with regards to Market Segmentation? 2. Based on the Target Market described in Part 1, is there a group of customers that are underserved? If so, what actions would you recommend the organization take to capture that segment of customers? 3. Based on the SWOT Analysis conducted in Part 1, list two ways you would address the Threats and Opportunities going forward for your selected organization? 4. Explain an alternative marketing strategy you would use for the product/service you identified in the Four P’s (Product, Price, Promotion, and Place). Please use one strategy that you believe your selected organization is not currently using. 5. Based on the organization’s current market share, what would you recommend they do to increase their position? 6. What recommendations would you give your selected organization as it relates to Customer Relationship Management (CRM)? What would you recommend they do to implement or improve in this area? 7. Research the company’s annual reports. What recommendations would you make in terms of software or tools that would support the organization in measuring and monitoring success towards financial goals? 8. Regarding ethics, what recommendation would you make to Senior Management that would support or improve Corporate Social Responsibility? Your final paper should contain Parts 1 & 2 and must meet the following criteria: 1. Must be 10-12 pages, double-spaced, and formatted according to APA style as outlined in the Baker College (not including the title and reference pages). 2. Must include an APA Style Title Page and Reference Page 3. Must begin with an introductory paragraph that has a succinct thesis statement. 4. Each subsequent paragraph should contain at least 3 complete sentences of original content with supporting references outside academic sources. All references used should be cited on the final page in APA format. 5. Must use include 5-7 references that are listed in APA style, including your textbook.

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Amazon has built an easily accessible and comfortable online store for its customers, which made them widely accepted. Jeff Bezos, the founder of Amazon, introduced this e-commerce website first as a book-selling service in the year 1994. At the time, he ran the company from his garage in Washington. From the year 1997, Amazon started to serve movies and music as its services, which brought huge recognition at that time. Nowadays, Amazon has many services to provide to its customers, such as Amazon Prime, Amazon local, physical retail stores, Amazon web series, Amazon business, Amazon drive, Amazon groceries, and much more. In the former year 2020, the annual revenue of Amazon was $386, 064 billion, which was a 37.62% growth from the revenue of 2019.