Analyze the benefit of market research


Assignment:

This is a two part project that will focus on the marketing aspects of your start up business:

Part 1: In three to four pages, answer the following areas:

  • Please describe the marketing strategy and then explain how you plan to use marketing strategies to promote your business.
  • Include the necessary marketing research you either have done for your business or are planning to conduct. The costs of these items/activities should also be itemized and included in this section of the proposal.
  • Include ongoing costs as well as one-time fees.

Part 2: In five to six pages, answer the following areas:

  • Create a marketing plan for your business. This can be an e- marketing, traditional marketing plan, or a combination of both.
  • Discuss the benefits of market research.
  • Include a SWOT analysis and explain the four Ps of the marketing mix in your marketing plan.

 

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Business Management: Analyze the benefit of market research
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