Marketing Writing Assignment - Amazon Echo Dot
11/26/2018 Week 6 Writing Assignment Due Dec 2 11:59PM - MRKT 310 7983 Marketing Principles (2188)
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Week 6 Wri�ng Assignment Due Dec 2 11:59PM
Instruc�ons
MRKT 310 7983 Marke�ng Principles (2188)
MRKT 310 Principles of Marke�ng
Week 6 Wri�ng Assignment
Part 1 ‑ Crea�ng Offerings
Learning Outcomes
1. Offering. Student can describe an offering based on features, benefits, price, and costs of ownership
2. Type of consumer offerings. Student can suggest marke�ng strategy implica�ons based on the type of consumer offering under examina�on.
3. Product line extensions or new product development. Student can suggest possible product line extensions or related product or service offerings based on the student’s chosen product or service
offering.
4. Product lifecycle. Student can suggest poten�al marke�ng strategies based on the product or service’s lifecycle stage.
Direc�ons
Your job in this Wri�ng Assignment is to develop marke�ng mix strategies to ensure a value
offering for the target market you iden�fied in the previous assignment. We begin with the value
offering this week.
We don’t expect you to develop strategies based on a total knowledge of the product or service
since you are not, or most likely not, employed by your product or service’s company. We will be
looking to see if you can apply the marke�ng concepts to the real world situa�on.
Again, do not fall into the trap of repor�ng on the product or service. This is obvious because your
assignment will look like a rewrite of the company’s website. Don’t be afraid to make strategy
recommenda�ons based on what you have discovered about the product or service, and how you
think it can move forward. Be crea�ve, be reasoned, take risks.
Remember your product’s target market(s) from the previous paper. Always keep them in mind
when making your recommenda�ons. You now work for the company, and your goal it to help
them grow sales.
Prepare your assignment beginning with a �tle page with your name and the name of your product
or service. Then answer each of the following eight ques�ons (four in part 1 and four in part 2) in
11/26/2018 Week 6 Writing Assignment Due Dec 2 11:59PM - MRKT 310 7983 Marketing Principles (2188)
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order and number the beginning of your response to each ques�on. You do not need to repeat the
ques�on. The paper should contain a minimum of 5+ pages of analysis for the responses to the
eight ques�ons.
1. Offering. Describe your product or service offering as it is currently in terms of features and benefits, price and the total cost of ownership as discussed in the week's readings. Is it more
product dominant or service dominant? What are the tangible and intangible aspects?
2. Type of consumer offering. Based on the four categories of type of offerings discussed in course content, describe the category in which your product or service offering belongs. Based on your
new target market, would that category of the offering change and if so, how? How would it
change the marke�ng strategy?
3. Product line extensions or new product development. Should the current product or service be modified to more fully meet the needs of your new target market? Would the changes cons�tute a
new product line, a product line extension or a new product? If no product changes are needed,
how does the same product or service meet the need of your target market differently than current
customers? Would the product line extension or new product allow the offering to occupy
uncontested space in the perceptual map for the target market as covered in thr previous paper?
4. Product lifecycle. In which stage of the product lifecycle is your product or service offering now? Would the changes described in number 3 above change the lifecycle stage and if so how? What
would this mean to the lifecycle marke�ng strategy?
Part 2 ‑ Using Marke�ng Channels and Price to Create Value for Customers
Learning Outcomes
1. Marketing Channels. Student can outline a mul�‑channel distribu�on system 2. Marketing channel strategy. Student can recommend a marke�ng channel strategy for a product or service offering that assures the correct amount of intensity.
3. Value chain. Student can discuss how each channel in the product or service offering adds value to the customer.
4. Pricing strategy. Student can analyze a current pricing strategy and make recommenda�ons for modifica�ons.
Direc�ons
This part of the assignment assesses your ability to relate marke�ng mix concepts of distribu�on
and pricing to your product or service offering. You will also have a chance to recommend new
distribu�on and pricing strategies based on your new target market to meet their needs.
Answer each of the following four ques�ons, in order, numbering each of your responses. There is
no need to repeat the ques�on; however, headings should separate the sec�ons.
1. Marketing channels. To the best of your ability, outline the marke�ng channels of your product or service offering as they currently exist. Refer to Figure 6.2 for some ideas. Most
product and service offerings will have more than one channel, so your system should
include at least two; for example (1) a direct channel for internet sales: manufacturer ‑‑>
customer; and (2) an indirect channel such as manufacturer ‑‑> distributor ‑‑> wholesaler ‑‑
> retailer ‑‑> customer. If your product or service only has only a direct channel, explain
why. Would this channel strategy change as a result of your new target market? Why or
why not?
11/26/2018 Week 6 Writing Assignment Due Dec 2 11:59PM - MRKT 310 7983 Marketing Principles (2188)
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2. Marketing channel strategy. Why type of distribu�on intensity strategy does your product or service currently use? How do you know this? Would this distribu�on intensity strategy
change for your new target market? Why or why not?
3. Value chain. Referring back to your marke�ng channel diagram, discuss what each member of the value chain does to bring value to the consumer.
4. Pricing strategy. Referring to the various pricing strategies outlined in the week's readings, which one does your product or service currently use? Would you recommend any changes
for your new target market? If so, how would you change it and why?
General Submission Requirements
Prepare as a word processed document (such as Microso� Word). Use a simple 12‑ point font such as Times New Roman. Use black ink for majority of your work and only use colors if it enhances your ability to communicate your thoughts.
Your assignment should be the equivalent of approximately five pages of double‑spaced text (although more are acceptable), approximately 1/2 page for each of the eight ques�ons (four in Part 1 and four in Part 2). You may a�ach exhibits that will not be counted towards the page count of double‑ spaced text. The cover page and References page are not part of the wri�en analysis. Be sure your name, wri�ng assignment number, and the name of your product or service are on the cover page of your wri�ng assignment. Include a References page, which includes references that explain the concept and references to the actual product. You should use a minimum of six (6) references, four (4) of them dated 2015 to the present.
You should use APA style for a paper which includes forma�ng for page numbers, page
margins, etc. More informa�on about using a style guide can be found in the UMUC's virtual
library accessible from your LEO classroom in Content "Learn to Use APA" or at
umuc.edu/library.
Upload your word processed document in your LEO assignments folder by the due date in
the LEO calendar.
Refer to the grading rubric for the assignments. Be sure to note that 20% of your grade on this assignment will be based on your grammar, composition, adherence to the submission requirements, and use of an appropriate college-level style guide for writing and referencing.
Any questions? Please post in the general discussion forum for Week 6. Or, feel free to contact your professor by email.
11/26/2018 Week 6 Writing Assignment Due Dec 2 11:59PM - MRKT 310 7983 Marketing Principles (2188)
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