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MKT 571 Your World/uophelp.com

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For more course tutorials visit www.uophelp.com 1. The stage in the new product process that occurs first and has a pass ratio of 1:4 is the ________ stage. • test marketing • idea screening • product development • product soft launch – PowerPoint PPT presentation

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Title: MKT 571 Your World/uophelp.com


1
MKT 571 Your World/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com

2
MKT 571 Your World/uophelp.com
  • MKT 571 Final Exam Guide (New)
  • For more course tutorials visit
  • www.uophelp.com
  • 1. The stage in the new product process
    that occurs first and has a pass ratio of 14 is
    the ________ stage.
  • test marketing
  • idea screening
  • product development
  • product soft launch
  • 2. If Ming was interested in capturing
    distribution metrics for her retail organization,
    which of the following might she consider?
  • Customer complaints

3
MKT 571 Your World/uophelp.com
  • MKT 571 Final Exam Guide (New)
  • For more course tutorials visit
  • www.uophelp.com
  • 1. Which component of a marketing audit
    includes major developments in income, prices,
    savings, and credit that affect the company?
  • Technological
  • Political
  • Economic
  • Cultural
  • 2. Marketers must see themselves as
    benefit providers. For example, when a shopper
    purchases new shoes, he or she expects the shoes
    to cover his or her feet and allow him or her to
    walk unobstructed. This is an example of what
    level in the consumer-value hierarchy?
  • Core benefit
  • Pure tangible product

4
MKT 571 Your World/uophelp.com
  • MKT 571 Week 1 Assignment Researching Marketing
    Questions
  • For more course tutorials visit
  • www.uophelp.com
  • Purpose of Assignment
  • This assignment is designed to help students
    analyze and interpret primary and/or secondary
    data and research. First, students will be
    provided with a marketing report that allows for
    preparing basic executive level data insights.
    Second, they will be allowed to pick a company
    and product or service. This assignment will help
    prepare students for the development of their
    marketing plan. Students will be creating a
    marketing plan (refer to Marketing Plan and
    Outline document) so they may want to choose a

5
MKT 571 Your World/uophelp.com
  • MKT 571 Week 1 DQ 1
  • For more course tutorials visit
  • www.uophelp.com
  • What have been the major marketing trends in the
    last decade?
  • What new marketing trends do you anticipate in
    the next 10 years?

6
MKT 571 Your World/uophelp.com
  • MKT 571 Week 1 DQ 2
  • For more course tutorials visit
  • www.uophelp.com
  • UOP has been the darling of Wall Street during
    the last few years. They offer some of the
    highest profit margins of any company in America
    today. And UOP has had a fine record of growing
    both revenue and profits. They are, by far, the
    largest private university in the Country.
  • From a marketing standpoint what do you think UOP
    is doing well? What

7
MKT 571 Your World/uophelp.com
  • MKT 571 Week 1 Individual Assignment Qualitative
    Focus Group Research Discussion Guide (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  • This Tutorial contains 2 Papers
  • Select a local company and one of its products or
    services.
  • Create a 1,400-word Discussion Guide for your
    selected product or service to be used during the
    course of a Focus Group that researches your
    product or services target market. In your plan,
    be sure to do the following
  • Identify a problem or opportunity that may be
    facing that product or service.
  • Identify a primary target audience for that
    product or service in terms that relate to the
    audience's demographics, needs, or preferences as
    those relate to the product or service, and
    behaviors related

8
MKT 571 Your World/uophelp.com
  • HRM 420 Week 1 Alternative Dispute Resolution
    MindMap (1350 Words)
  • For more course tutorials visit
  • www.uophelp.com
  • Create a Mind Map using a tool such as Popplet,
    Mindmeister, or a Microsoft Word document in
    which you do the following
  • Assess three advantages and three
    disadvantages of mediation
  • Summarize five mediator qualifications
  • Determine three advantages and three
    disadvantages of

9
MKT 571 Your World/uophelp.com
  • MKT 571 Week 2 DQ 1
  • For more course tutorials visit
  • www.uophelp.com
  • This week we are reading about "branding".
  • Here is a recent article on the subject.
  • Comments please.
  • http//www.ksbw.com/money/21467497/detail.html.

10
MKT 571 Your World/uophelp.com
  • MKT 571 Week 2 DQ 2
  • For more course tutorials visit
  • www.uophelp.com
  • We are entering a real crowded and mature market
    with our CNN product. (Read class case
    introduction). Here is a two part DQ.
  • 1. Describe the overall strategy we should adopt
    to maximize our potential for success.
  • 2. In one sentence write your positioning
    statement for the product

11
MKT 571 Your World/uophelp.com
  • MKT 571 Week 2 Individual Assignment Segmentation
    Techniques (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  • This Tutorial contains 2 Papers
  • Go to the Strategic Business Insights website.
  • Take the VALS Survey. Have the results sent to
    you by email. The results are sent in a
    Microsoft Word document showing your primary and
    secondary VALS segments.
  • Go to the Nielsen website.
  • Explore the Nielsen Segmentation Methodology, the
    featured and other segments

12
MKT 571 Your World/uophelp.com
  • MKT 571 Week 2 Team Assignment What Is A
    Marketing Plan? (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  • This Tutorial contains 2 Papers
  • Develop a 1,050-word marketing plan discussion
    which includes the following
  • Discuss what a marketing plan is and is not.
  • Examine the elements that should be included in a
    marketing plan.
  • Examine the importance of a marketing plan.
  • Discuss how a marketing plan can be applied to a
    new product launch.

13
MKT 571 Your World/uophelp.com
  • MKT 571 Week 3 Assignment Promotion and the
    Product Life Cycle
  • For more course tutorials visit
  • www.uophelp.com
  • Purpose of Assignment
  • All products/services go through a life cycle of
    NPI (new product introduction), growth, maturity
    and decline. These various stages affect the
    marketing strategy and promotional efforts. In
    Week 3, you will incorporate a product strategy
    that addresses at least 3 areas of the product
    life cycle. The primary objective of this
    assignment is to allow the student to demonstrate
    an understanding of the factors that can affect
    the launch of a product or service. A secondary
    objective is to understand the differences in a
    product launch in the U.S. (domestic market) and
    an international market.

14
MKT 571 Your World/uophelp.com
  • MKT 571 Week 3 DQ 1
  • For more course tutorials visit
  • www.uophelp.com
  • What do you think are the most important
    characteristics/attributes of successful sales
    people? Discuss BTW Sales is part of the
    marketing function.

15
MKT 571 Your World/uophelp.com
  • MKT 571 Week 3 DQ 2
  • For more course tutorials visit
  • www.uophelp.com
  • You are working at Johnson Johnson and one of
    your responsibilities is to set prices for new
    drugs. The firm has invented a cure for Aids and
    is protected by patent. The cost for the one time
    injection that cures the disease is 100 and
    includes amortization of the development cost
    (The 1 billion cost to develop the product is
    included in the 100) and the cost raw materials.
    Assume that insurance companies currently spend
    200,000 to treat an Aids patient. Assume 20 of
    the world population is covered by insurance or
    socialized medicine.
  • What price do you charge for the treatment?
    Defend your answer. Consider all your
    stakeholders. (Including your stock holders)
  • Hint. You won't find the answer to this hummer in
    your text. Also don't

16
MKT 571 Your World/uophelp.com
  • MKT 571 Week 3 Individual Assignment Career
    Connection Customer Relationships and
    Satisfaction (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  • This Tutorial contains 2 Papers
  • You are a marketing manager for a local company
    and you are developing a plan to improve customer
    relationships and increase satisfaction.
  • Select one of the following types of local
    companies
  • Florist

17
MKT 571 Your World/uophelp.com
  • MKT 571 Week 3 Team Assignment New Product Launch
    Marketing Plan, Part 1
  • For more course tutorials visit
  • www.uophelp.com
  • Create a 1,400-word Product Launch Plan in a
    Microsoft Word document. The Product Launch plan
    will be for two countries. Select your home
    (domestic) market and another for the
    international market. Do not select the U.S. and
    Canada, the U.S. and Britain, or Canada and
    Britain as your combinations. While the audiences
    should have the same need for the product or
    service you come up with, they should have
    distinctive cultures and habits.
  • Include the following in the Product Launch Plan
  • Define the product or service being offered.
  • Describe the product or service offering.

18
MKT 571 Your World/uophelp.com
  • MKT 571 Week 4 Assignment Price and Channel
    Strategy
  • For more course tutorials visit
  • www.uophelp.com
  • Purpose of Assignment
  • This assignment is designed to help students
    analyze and understand how price setting and go
    to market (distribution) are interrelated and
    affects the profitability and growth of the
    business. It has been designed to be a short
    overview on purpose the concepts of pricing and
    distribution are complex and a general
    understanding is what should be absorbed in one
    week of study.
  • Assignment Steps

19
MKT 571 Your World/uophelp.com
  • MKT 571 Week 4 DQ 1
  • For more course tutorials visit
  • www.uophelp.com
  • Let's assume that our overall objectives for the
    ReCharge bar is to generate 300 million in year
    1 sales and capture the 1 market share position
    in the U. S market. Describe your Distribution
    strategy to allow these lofty goals to be
    accomplished.

20
MKT 571 Your World/uophelp.com
  • MKT 571 Week 4 DQ 2
  • For more course tutorials visit
  • www.uophelp.com
  • Let's assume that The Recharge Bar has been
    wildly successful and we have achieved all our
    major objectives in the U. S. market by the end
    of year three. Should we consider expanding our
    distribution globally? What are some of the major
    factors that we need to be aware of and plan for?
    In other words, what makes marketing on a global
    basis more difficult than simply distributing our
    product nationally?

21
MKT 571 Your World/uophelp.com
  • MKT 571 Week 4 team Assignment New Product Launch
    Marketing Plan, Part 2
  • For more course tutorials visit
  • www.uophelp.com
  • Create a 1,400-word Market Segmentation Plan for
    the New Product/Service Launch Marketing Plan.
    Include the following for both the domestic and
    international markets based on the team's
    research
  • Describe the target market (audience) profiles,
    key buying behaviors, and decision motivators for
    the consumer target market. Note Do not pick
    different target markets for the domestic and
    international markets.
  • Detail the steps involved in a new
    product/service development.
  • Discuss the stages of the new product/service
    life cycle and how to manage each stage. Include
    tactical plans for the 4 Ps at each stage.
  • Develop a pricing strategy for the new product or
    service offering.

22
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 Assignment Marketing Communication
    and Brand Strategy
  • For more course tutorials visit
  • www.uophelp.com
  • Purpose of Assignment
  • This assignment is designed to help students
    understand the interrelationships between brand
    strategy and the communication message to the
    target audience. It is a continuation of the
    marketing plan and students should review the
    Week 3 Learning Team Assignment for assistance in
    product brand strategies the team has developed.
  • Assignment Steps
  • Develop a minimum 700-word branding strategy and
    marketing communication

23
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 Career Connection Integrated
    Marketing Communication and Marketing Mix
    Client Pitch (Part 1 and Part 2)
  • For more course tutorials visit
  • www.uophelp.com
  • Select a current product or service with which
    you are familiar. This product will be used to
    pitch a new integrated marketing communication
    and marketing mix to a client who is the marketer
    or producer of the product.
  • Review the current marketing mix including the
    communication channels used.
  • Part 1

24
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 Career Connection Integrated
    Marketing Communication and Marketing Mix
    Client Pitch (Part 1 Only)
  • For more course tutorials visit
  • www.uophelp.com
  • Select a current product or service with which
    you are familiar. This product will be used to
    pitch a new integrated marketing communication
    and marketing mix to a client who is the marketer
    or producer of the product.
  • Review the current marketing mix including the
    communication channels used.
  • Part 1

25
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 DQ 1
  • For more course tutorials visit
  • www.uophelp.com
  • Let's assume our objective for ReCharge is to
    deliver 300 million in first year sales and to
    capture the 1 market share position in the
    category by the end of our first full year of
    operation.
  • (BTW. Setting marketing objectives prior to
    developing strategy is real important)
  • What should our promotional budget be? Why? What
    methodology did you

26
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 DQ 2
  • For more course tutorials visit
  • www.uophelp.com
  • Instead you're going to get a chance to get your
    creative juices going and to hopefully have some
    fun doing it.
  • Each of you will demonstrate your creative
    approach to the ReCharge Bar by developing a TV
    commercial, radio spot or magazine ad. You don't
    need to get fancy with the graphics. You can
    verbally describe what is going on. But write the
    actual copy for your ad.
  • You will need to restate your target audience
    and positioning. You won't be able to max out
    your points if you forget.

27
MKT 571 Your World/uophelp.com
  • MKT 571 Week 5 Team Assignment New Product Launch
    Marketing Plan, Part 3
  • For more course tutorials visit
  • www.uophelp.com
  • Develop a 1,400-word Communication Plan including
    the following
  • Discuss the marketing communication channels
    available for the domestic and international
    markets.
  • Evaluate the merits and drawbacks of the channel
    options in relation to the target audience, your
    product or service, and the timing of the launch
    phase.
  • Select the communication channel that is best for
    marketing your product or service in the domestic
    and international markets.
  • Discuss the reach of each communication channel.
  • Cite at least three scholarly sources.

28
MKT 571 Your World/uophelp.com
  • MKT 571 Week 6 Assignment Social, Ethical, and
    Legal Implications
  • For more course tutorials visit
  • www.uophelp.com
  • Purpose of Assignment
  • The purpose of this assignment is to help
    students think through the importance of social,
    legal, and ethical issues that may arise with
    their product or service and the implications of
    decisions made within those frameworks. It is
    designed to help the learners understand ethical
    and legal issues related to marketing practices.
    This knowledge helps to prevent such issues when
    developing the marketing strategies in their
    marketing plan. The executive overview of the
    marketing plan is not a summary

29
MKT 571 Your World/uophelp.com
  • MKT 571 Week 6 Team Assignment Career Connection
    New Product Launch Marketing Plan Final Project
  • For more course tutorials visit
  • www.uophelp.com
  • Complete the final phase of your New Product
    Launch Marketing Plan. Consider your product
    launch to date, reflect on additional learning,
    and incorporate feedback to the Learning Team's
    Marketing Plan for your new product/service. Once
    all previous weeks' sections and the remaining
    parts of the Plan are compiled, it should be no
    more than 3,500 words. Be sure to include the
    following

30
MKT 571 Your World/uophelp.com
  • For more course tutorials visit
  • www.uophelp.com
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