Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

You really enjoy your job as the director of marketing at Sof-A-Logue.com, a personal e-communications company that is celebrating its 10-year anniversary this year. The anniversary of this social media communications company is so important that the executive management team has requested that you lead the marketing strategy portion of the strategic business plan this year, and include some celebratory branding elements to help continue to push Sof-ALogue.com into the marketplace as an innovative, low-cost, quality service leader in communication technology.

The name Sof-A-Logue evolved from the various personal communication applications that allow family and friends to stay connected from their home. The idea is essentially "dialoguing from your sofa," in the comfort of your home.

The company grew quickly through strategic acquisitions during the past five years. This rapid growth also led to an image problem in the marketplace. A recent survey showed that although the company is successful, most prospective and current customers do not know the brand. Though the software is often located on their cell phones, computers, and other communication devices, they are unfamiliar with the brand name.

Your company is now at a place where it needs to concentrate on organic growth to continue to build the brand and grow revenue. Organic growth means that a company builds its revenues by creating new products, increasing productivity, and growing sales. Therefore, organic growth will be the numberone business objective during the next five years, and brand recognition and awareness will be a number-one priority for the company and its new products.

New Product Launches to Celebrate Sof-A-Logue's 10th Anniversary Aligned with the organic growth plan, the company is expanding its services to include three low-cost, personalized, downloadable software applications (apps) known as custom-logues. The three custom-logue apps that you will help market and launch this year include:

Book-logues. This is a free e-book application that can be downloaded to an electronic reading device, cell phone, or computer with a low-cost annual subscription rate and has a full customized e-book library of classics, bestsellers, and newly released books.

Read-a-logue. This is a free downloadable audio app; it is a cutting-edge technology that is downloadable to a car's computer system, eliminating the hassle of checking out audio books at a library or purchasing them. A low- cost annual subscription fee entitles the user to a universal library of current and classic books in all genres. The secondary target market for this product is children's stories, designed for parents to download to a personal media device allowing children to listen to stories while viewing pictures.

Coupon-a-logue. This is a low-cost coupon scanning program app that allows the user to download coupons from anywhere into a cell phone. It "dialogues" with merchant computers to add discounts to a special "free money" coupon savings account, which can eventually be automatically transferred to bank accounts.

You have been with Sof-A-Logue.com since its inception, so you are attuned to the many changes that have taken place over a very exciting decade, and you are looking forward to the future. Today, you jotted down where the company stands and will use this information as a guide for starting to develop the marketing plan. You decide to use the company's public relations boilerplate that is printed on all of its news releases as a starting point. You check out the company's Web site under the tab "About Us: Sof-A-Logue.com At-aGlance," which reads:

Sof-A-Logue.com is a premier social media company dedicated to enhancing the way customers converse in today's wireless world and the virtual realities of staying in touch with friends and family by voice, text, picture, and e-mail.

Sof-A-Logue.com has 5,000 employees worldwide and a regional headquarters center-of-excellence office in four global regions including the Americas, Asia Pacific, Europe, and the Middle East.

With revenues approaching $5 billion, Sof-A-Logue.com continues to expand with a futuristic vision of personal and customized communications systems through strategic acquisition management and organic growth.

The company growth slated for this year is centered in the Americas as changing technology offers new and cost-effective ways to reach more markets and customers. Your responsibility for this project is going to include the following:

Building the Sof-A-Logue.com brand with a clear market value proposition Creating the plan's product strategy

Using customer segmentation systems to develop product customer profiles

Developing hybrid marketing campaigns to position Sof-A-Logue.com as the number-one personal communications company

Designing specific marketing programs for the three new custom-logue product launches this year .It is time to submit the final plan to the executive management team. It will include the following components, which can be taken from past assignments in this course:

The executive summary
Introduction
Marketing goals
The situational analysis
The SWOT analysis

Customer profiles by describing the company's target markets (include the demographic and psychographic profiles for each product line)
The product strategy (incorporate all three new products into the plan, and describe each product line and its features and benefits)

The advertising plan, which will include the following:

The logo/slogan
The company's 10th anniversary marketing message
One promotional campaign
One evaluation method in the postmarketing phase
The media plan
Conclusion

Your assignment should contain a cover page, an executive summary page, and a reference page in addition to the body paragraphs. The body of the paper should be 8-11 pages in length, starting with a brief 1-paragraph introduction and ending with a short conclusion. The entire submission will be 12-16 pages in length.

Execute integration of marketing concepts and principles into a coherent strategic marketing plan.

Construct a professional portfolio that may include offering opportunities to complete assignments for real clients.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M91796848
  • Price:- $130

Priced at Now at $130, Verified Solution

Have any Question?


Related Questions in Homework Help/Study Tips

Part idiscuss the problematic nature of attempting to

PART I Discuss the problematic nature of attempting to define popular culture. Why is it such a difficult subject to find a working definition? Give examples of some of the issues encountered when attempting to define an ...

Manage employee relationspart -1develop an employee

Manage employee relations Part -1: Develop an employee relations strategy Performance objective For this assessment task, you will demonstrate the skills and knowledge necessary for developing an employee relations strat ...

Assignment 2 critical thinking essaythe purpose of this

Assignment 2: Critical Thinking Essay The purpose of this assignment is to demonstrate your theoretical understanding of the stress and it's impact on an athlete. Read Critical Thinking Question Number 1 on pg. 180 of yo ...

Assignment analysis of the government accountability

Assignment : Analysis of the Government Accountability office As a consultant, you need to develop an in-depth analysis and evaluation of the Government accountability office planning, organizational design, decision-mak ...

Video and disruption report assignmentoverviewfor this

Video and Disruption Report Assignment Overview For this assessment task, you will create a two-minute video and written proposal about the impact of a particular technology on an industry or field. The purpose of this a ...

Quesiton end-of-life care becomes an issue at some point

Quesiton: End-of-life care becomes an issue at some point for elderly clients. Even with the emergence of palliative care programs and hospice programs, the majority of elderly people do not die in their own home as is t ...

Accounting project presentationfor your accounting project-

Accounting Project/ Presentation For your accounting project- as we learned and dived into the Managerial Accounting it is important to understand how to analysis and make key business decisions about companies in order ...

Qestion 1 can you or can you not teach ethical behavior

Question : 1. Can you or can you not teach ethical behavior? Why or why not? 2. For the purpose of this question, let us stipulate that you CAN teach ethical behavior. How do you go about teaching it and inculcating it s ...

Psychology essay assignment - adolescent substance use

Psychology Essay Assignment - Adolescent Substance Use Disorders Treatment Approaches Paper Description - Write a 500- to 750-word opinion paper on what treatment approach seems best suited for adolescent substance use d ...

In 250 words or less prepare a written response and

In 250 words or less, prepare a written response and reflection to the information contained in the article. What did you find most applicable? What did you learn from this article? Finally, "Is philosophy really a passp ...

  • 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