This document provides guidance for developing a marketing project by outlining key questions in 5 sections: 1) Your Company - the company name and mission statement. 2) Your Product - its characteristics, brand name, packaging, benefits, and competitive advantages. 3) Your Customers - target markets defined by demographics and behaviors, and whether the market is growing, stable, or declining. 4) Your Industry and Competition - the industry, direct and indirect competitors, their advantages, and your advantages. 5) Your SWOT analysis - internal strengths and weaknesses, external opportunities and threats. The questions are meant to direct thinking and the final project should provide a convincing and effective marketing plan.
This document provides guidance for developing a marketing project by outlining key questions in 5 sections: 1) Your Company - the company name and mission statement. 2) Your Product - its characteristics, brand name, packaging, benefits, and competitive advantages. 3) Your Customers - target markets defined by demographics and behaviors, and whether the market is growing, stable, or declining. 4) Your Industry and Competition - the industry, direct and indirect competitors, their advantages, and your advantages. 5) Your SWOT analysis - internal strengths and weaknesses, external opportunities and threats. The questions are meant to direct thinking and the final project should provide a convincing and effective marketing plan.
This document provides guidance for developing a marketing project by outlining key questions in 5 sections: 1) Your Company - the company name and mission statement. 2) Your Product - its characteristics, brand name, packaging, benefits, and competitive advantages. 3) Your Customers - target markets defined by demographics and behaviors, and whether the market is growing, stable, or declining. 4) Your Industry and Competition - the industry, direct and indirect competitors, their advantages, and your advantages. 5) Your SWOT analysis - internal strengths and weaknesses, external opportunities and threats. The questions are meant to direct thinking and the final project should provide a convincing and effective marketing plan.
This document provides guidance for developing a marketing project by outlining key questions in 5 sections: 1) Your Company - the company name and mission statement. 2) Your Product - its characteristics, brand name, packaging, benefits, and competitive advantages. 3) Your Customers - target markets defined by demographics and behaviors, and whether the market is growing, stable, or declining. 4) Your Industry and Competition - the industry, direct and indirect competitors, their advantages, and your advantages. 5) Your SWOT analysis - internal strengths and weaknesses, external opportunities and threats. The questions are meant to direct thinking and the final project should provide a convincing and effective marketing plan.
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Marketing Project
What follows are questions to be used as a guide in developing your
marketing project. Remember, these questions are only a guide to direct your thinking. Embellish upon the information you include in your project as you see appropriate to present a convincing and effective project plan. 1. Your Company o What is the name of your company? o What is the mission statement of your company? 2. Your Product o What are the physical characteristics of your good or service? o What is the brand name for your product and what is its trademark? o How is your product packaged? o What are the benefits of your good or service? o What distinct competitive advantage does your product have? 3. Your Customers o Who is (are) your target market(s) for your product? Describe them in terms of demographics, psychographics, geography, or other factors that are pertinent to your product and its benefits. o Why are these consumers considered to be the best prospects for your product? o What are their buying habits? o What do you know about their media preferences? Price/value attitudes? Lifestyles? o Is (are) your target market segment(s) growing, stable, declining? 4. Your Industry and Competition o What industry are you in? o Describe your competition (direct and indirect) o Who are your major competitors (defined in terms of sales volume, market share, number of outlets, etc.) o What advantage(s) do your competitors have over you? o What advantage(s) do you have over your competitors? 5. Your SWOT (Strengths, Weaknesses, Opportunities, Threats) o Internal Strengths? o Internal Weaknesses? o External Opportunities? o External Threats?