Dear student, The assignment is the development of a strategic marketing plan in Microsoft Word for your organisation and it must cover the following topics:
- Introduction :a very short introduction of HTC and the strategic reasons why you chose them.
- Executive Summary a summary of the key findings and recommendations (sections 3, 4 and 5)
- Where we are now a review of the key PESTLE trends & developments with their impact on the industry, drivers behind them and likelihood they continue in the future and potential impact on your organisation using Porter’s 5 Forces model, a review of the key forces of competition and their potential impact on your organisation using the Lehman & Winer model, a review of the key competitors (one direct competitor, one potential newcomer and one substitute) and assessment of their future strategy using the DMU and 5Ws & H models, a review of the anticipated key changes in the future consumer behaviour using Wang & Ahmed marketing resources model, a review of the key marketing assets and related marketing capabilities using Wang & Ahmed marketing resources model, a review of the dynamic marketing capabilities a review of the lack of marketing assets, marketing capabilities and dynamic marketing capabilities SWOT
- Where we want to be a ‘SMART’ description of three strategic marketing objectives a description of three alternative marketing strategies which aim to achieve the objectives stated and which are based on your analysis under 3 above the recommended marketing strategy with clear rationale using the SAFe assessment a description of the target segment(s) and related competitive positioning map
- How we are going to get there a description of the main (Digital) Marketing Mix initiatives to implement the chosen marketing strategy a description of how you plan to monitor and track the progress of the implementation of your plan
- Appendices
- References
Make sure you are clear and concise in your writing as your word limit for sections 3-5 is 2,000 +/- 10%. The word count for sections 1-6 is 4,000 words +/- 10%. A significantly higher word count will likely result in a penalty. The weighting of this assessment is 70%
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