Discuss the potential customer segments for your product


Assignment: Marketing Plan

Length: 2,500 words.

Recommended structure of the report:

Title page: The title page will include the title of your assignment, name of the business/product you prepared your marketing plan for, your name, student ID number, lecturer/tutor name, and unit name and code.

Table of contents: The table of contents will present each section of the report, including sub-headings, with their appropriate page number(s). Sections should be numbered with page number (e.g. 1.0 Introduction on page 1). Pages prior to the introduction should use lower case Roman numerals such as i, ii, iii, iv.

Executive summary: The executive summary contains the key points of the whole report in 3-5 paragraphs written on a single page. This is not an introduction to your assignment, ensure to present a summary of key findings of the entire report.

Introduction: The introduction section should provide background information of the selected company and its product or service.

Situation analysis: This section should include a PESTEL analysis, a competitor analysis, and SWOT analysis.

Customer analysis: Discussion of the segmentation, targeting and positioning approach. Discuss the potential customer segments for your product or service and which one(s) you wish to target with good justifications. Also, discuss the desired positioning for the product or service and develop a clear positioning statement.

Problem Statement: Clearly identify the problems the product will face when introduced in the Australian market in 2019 based on the situation and customer analysis. Is it lack of awareness, pricing, distribution or other problems?

Objectives: Set 3 to 5 marketing objectives. Relate the objectives to your problem statement, situation and customer analysis. All objectives should be described using the SMART approach.

Marketing mix strategy: Should cover specifics of the product, price, promotion and place aspects.

Campaign evaluation: This section should cover specific effectiveness measures for each strategy, overall control measures for the marketing plan, and contingency actions should also be identified.

Budget allocation: Your budget allocation should be reasonable. It should also linked to the objectives and the marketing mix strategy.

Conclusion: Includes a summary of the key points.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Marketing Management: Discuss the potential customer segments for your product
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