Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Task Details:

Situation Analysis Report & Presentation

The task is now to develop a situation analysis & SM plan for the enterprise or organisation that you selected for the project.

In formulating the situation analysis & report:

1. An executive summary of the report's findings and recommendation for key areas for the SM marketing plan

2. An introduction - provide a brief introduction/overview of your enterprise or organisation, the aims of the report and the structure of the report. Structural components such as: A Table of Contents, Table of Figures & Tables, Reference List, Appendices (where appropriate) referenced according to Harvard referencing requirements

3. Internal Environment analysis

- Company background and history, description of the enterprise or organisation based on any feedback received from your project brief, mission statement, corporate objectives, (where these are available), brand identity, product or service portfolio overview; and the scope of the marketing plan - all this information is from your project brief and should take into account any feedback you have received for corrections, etc.

- Internal resources assessment - Human Resources, Financial, Management and Operational capabilities that will support (or hinder) your marketing activities. Assess the internal resources (financial, human and operational) of the company and current or future strengths and weaknesses. Information must be current and accurate to ensure the final draft is feasible.

Overview of current (or previous) marketing mix strategies (4Ps) - consider everything from yellow pages activity; use of corporate logo on stationery and uniforms; internet activity; traditional marketing communications (TV, radio, etc.); product range; pricing; and distribution activities. Look for strengths and weaknesses.

4. External Environment analysis
- This is the PESTEL analysis - includes a focussed discussion of the economic, legal, political, technological, social/cultural issues (trends) and natural environments associated with the company's market environments. Consider shifts in market activity and identify possible current or future opportunities or threats.

5. A detailed customer analysis
- Include target market segmentation (demographics, psychographics, and so forth). Look at the basis of transactions and exchanges with the firm. Who buys, where, when and how, what is bought, to what level, and reasons for purchase. Do purchases relate to discretionary spending or not? Identify any opportunities or threats such as changes in customer demographics, etc.

6. A detailed competitor analysis
- Identify local, direct and indirect competition. Determine relative (or estimated) market share for your principal competitors. Identify the basis of competition. Develop a matrix where possible to compare the features and benefits of products/product lines between your selected entity and at least 3 primary (main) competitors. Again, identify any opportunities or threats such as changes in competitors, new competition, changes in market share, etc.

7. A SWOT analysis - briefly and concisely summarise the strengths and weaknesses from within the company and any opportunities and threats from the external environment, competitor and customer analyses.
- Analysis of the organisations ethical & CSR programs

8. A product (or brand or company) lifecycle analysis (PLC).

- A BCG matrix showing product position relative to competition. While the BCG matrix is usually for SBU portfolio analysis, in this case conduct an analysis of your company product(s) or brand(s).
- An Ansoff analysis
- A set of at least 3 principal marketing objectives (based on your strategic analysis of the enterprise's position from the outcomes of the PLC, the BCG and the Ansoff analysis and considering the enterprise's corporate mission and objectives (where these have been identified).
- Develop a brand positioning strategy. Discuss whether you will develop a brand identity for an
individual product or product portfolio or whether you will use family umbrella branding strategy. Develop a brand positioning map.
- Develop a minimum of 4 strategies based on your objectives. Each strategy should identify a target market segment and a customised marketing mix for that segment.
- Develop a framework of marketing metrics for your strategies - determine how you will measure success of your strategies and control the outcomes to ensure you reach your objectives.

9. Conclusion

10. Reference Lists

11. Any appendices.

Referencing Style: Harvard

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M92661752
  • Price:- $80

Priced at Now at $80, Verified Solution

Have any Question?


Related Questions in Homework Help/Study Tips

Question paper on amazon as a multi-national

Question: Paper on Amazon as a Multi-National Corporation: Paper will need to be 5-7 pages not including citation page. Paper will need to include an introduction on Amazon as well as how many countries Amazon does busin ...

Question write your response on the given paragraphmarsha

Question: Write your response on the given paragraph: Marsha, we are about to turn a corner. As we analyze our organizations we must look at what makes them tick, and where they are postured to move forward in the future ...

Criminal profilingdq amp ct chapter 13textbook criminal

Criminal Profiling DQ & CT Chapter 13 Textbook: Criminal Profiling, Brent Turvey 4th Ed, Academic Press ISBN Discussion Questions Explain the difference between power reassurance and power assertive crime scene behaviors ...

Discussion leadership stylethroughout your career you will

Discussion: Leadership Style Throughout your career, you will work with many people who display differing leadership styles. As a nurse leader, it is imperative that you communicate well and get along with those whose le ...

Question prior to beginning work on this discussion read

Question: Prior to beginning work on this discussion, read the required chapters from the text and review the required articles for this week. Over the course of the past weeks, we have considered the use of medications ...

Question step one finding a topicbullchoose to write on one

Question: Step One: Finding a Topic • Choose to write on one of the following stories. • Choose to focus on one of the literary elements: character, setting, plot, point of view, tone, irony, symbol, theme, or style. The ...

Question instructionsintroduction the learning outcome for

Question: Instructions Introduction: The learning outcome for this unit involves the process of developing an information system (IS) for an organization. There are many factors involved in this process, including core a ...

Assignment - the role of a trainee nursing

Assignment - The Role Of A Trainee Nursing Associate Introduction - Including what is a trainee nurse associate and why this role has been developed for the healthcare and then add what you need once you've read all lear ...

Question identify how faith in reincarnation appears in

Question: Identify how faith in reincarnation appears in three different works, each from a different Humanities discipline (visual art, music, dance, poetry, prose, theater, film, religion). For instance, you could choo ...

Question research the internet to obtain information on

Question: Research the Internet to obtain information on MBSA and security audits. • Review the critical considerations to prepare the procedure guide. • Organize all the steps necessary for security audits. • Provide a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As