• Choose the product or service you would like to introduce to marketplace. It may be from the existing company or a new concept.
• Create the 1,750- to 2,100-word marketing plan for selected product or service. Include the following elements:
A short explanation of the product or service being offered
An analysis of market in which the product or service will be offered
• Size and demographics of the markets
• Potential competitors, if any
o An analysis of marketing strategies which will be utilized for introduction of product or service:
• Pricing
• Promotion
• Distribution
• Sales support