MKT 202

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InstructionsforProjectOnline-2.docx
Vermillion Project Mkt 202

Vermillion Project Mkt 202

Write Up (50 points) –You MUST use the headings AND subheadings below IN THE SAME ORDER or you will automatically lose 25 points! Make sure to tell me what you did, how you did it and explain what it means in every single section. ALL CHARTS, GRAPHS AND TABLES MUST BE IN THE APPENDIX!!! You will lose 15 points if you do not place graphs, charts and tables ONLY in Appendix

Recommendations (10 points)

· 5 sentences or less stating the results of the research: Product, Place/Anticipated Profit, Price, Target Market,

Product Strategy (5 points)

· Nature of the research

· Results & recommendation

Demand Estimation (10 Points)

· Nature of the research

· Results & recommendation

Pricing Strategy (10 points)

· Nature of the research

· Results & recommendation

Distribution Strategy (10 Points)

· Alternatives considered and analysis assumptions

· Anticipated profit

· Location recommendation

Target Market Selection (5 points)

· Nature of the research - Gender dependencies - Race dependencies

· Results & recommendation

Graphs – Charts –Tables (50 points)

Grade

Comment

Product: Flavor Choices (all flavors, bar chart)

/3

Category Incidence Frequency Table

· Column Chart of Category Incidence overall

/3

· CIF overall, by gender Column Chart

· CIF by race Column Chart

/3

/2

· Table of CIF overall as well as by gender, race and the overall standard deviation

/3

Demand Estimation Table

· Table anticipated sales in front of DePaul vs Wicker Park (days open per week, people per day, sales per day open, sales per month and sales per year)

/3

Price Estimation Table and Graphs

· Price Sensitivity Meter Overall

/3

· Detailed sensitivity - PMC, PME, IPP, OPP

/2

· Table Identifying PME, PMC, IPP,OPP

/3

Profit/Loss Analysis by Location

· Profit/Loss Plots for the various identified prices for DePaul & WP

/2

· Table of breakeven volumes at various prices for both locations

/3

· Table of the chosen price, variable costs, fixed cost and expected sales volume and expected monthly and annual profit at both locations

/5

Market Segmentation

· T-test of statistical difference between genders on CIF

/3

· F-Test of statistical significance of difference between races on CIF ( include full table for demo)

/3

· Cross tab plot with Table of Top Box scores of agreeing to “I like to eat lunch out”

/3

· Chi-squared test result table for Top 2 Box score by gender

/3

· Regression results on soup ranking regressed on Deli, burritos, burger, pizza and hot dogs individually

/3