Homework: Marketing Management individual Project (MMIP)- Price and Deliver Value Offering
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
The same project topic must be used in all installments. 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 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 homework should be submitted as a Microsoft Word document.
When completing an homework for a given module, the student will assume the role of marketing manager for the selected organization. All student responses must be based on research. View the entire course textbook (all chapters) as a resource for the homework, meaning it may be necessary to locate homework-related material in chapters other than those corresponding with the module in which the homework is located. While the effort has been made to ensure that all material necessary for homework completion is found in the textbook, contact the instructor immediately if information needed to complete the homework 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. Homeworks must be submitted though Turnitin.
Task
1) Explain the selected pricing strategy (penetration, skimming, competitor-based).
2) Discuss various pricing tactics that have or would prove effective in stimulating sales.
3) Discuss the distribution strategy relevant to the product/service.
4) Explain the channels of used to distribute the product/service.
5) Explain the firm's use of e-channels, e-retailing, or other non-traditional methods of distribution.
Format your homework 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 homework, 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.