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Mfe Assignment

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0% found this document useful (0 votes)
25 views3 pages

Mfe Assignment

Uploaded by

gu8677014
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment Title:

Marketing Analysis and Strategy Development for a Business or Service Organization

Objective:

 To gain first hand insights into the marketing strategies employed by a selected organization.

 To analyze the organization's product, pricing, place and promotion strategies.

 To assess its competitive landscape.

 To propose recommendations for improved marketing strategies.

 To create an advertisement that aligns with the organization's goals.

Team Structure:

 Form a team of 10 members.( class of 50 is 10 members in each team )

 The team names along with the team leader(‘s) should be handed over to me today.

Organization Selection:

 Choose an organization that primarily focuses on either business or service provision.

Interview Preparation:

 Develop a structured interview guide covering the following areas:

o Organization's background, mission, and vision

o Product/service offerings and target market

o Marketing strategies (product, price, promotion, place)

o Competitive analysis

o Marketing challenges and opportunities

o Future marketing goals

Interview Conduct:

 Schedule and conduct interviews with relevant personnel within the organization (e.g.,
marketing manager, sales representatives).

 Record the interviews ( this has to be presented)

Data Analysis:

 Analyze the interview data to identify key themes and insights related to the organization's
marketing strategies.

 Assess the effectiveness of their current strategies and identify areas for improvement.

 Analyze the competitive landscape and identify potential threats and opportunities.

 Analyse the marketing mix used by the organisation

Marketing Strategy Recommendations:


 Develop a set of recommendations for enhancing the organization's marketing strategies.

 Consider recommendations for product development, pricing adjustments, promotional


activities, and distribution channels.

 Justify your recommendations with evidence from your research and analysis.

Advertisement Creation:

 Create an advertisement for the organization that effectively communicates its value
proposition and target audience.

 Choose an appropriate advertising medium (e.g., print, digital, broadcast) along with the
video.

 Ensure the advertisement aligns with the organization's branding and messaging.

Presentation:

 Prepare a comprehensive presentation (PPT ALONG WITH GEOTAG PHOTOS) summarizing


your findings, recommendations, and advertisement.

 Deliver the presentation to your instructor or class.

Marking Criteria:

 Teamwork and Collaboration:

o Effective teamwork and division of team

o Clear communication and coordination among team members

 Interview Preparation and Conduct:

o Well-structured interview guide

o Effective questioning techniques

o Thoroughness and accuracy of interview data

 Data Analysis and Insights:

o Depth of analysis and identification of key themes

o Clear and insightful interpretation of data

o Ability to draw meaningful conclusions

 Marketing Strategy Recommendations:

o Relevance and feasibility of recommendations

o Clear justification and supporting evidence

o Potential impact of recommendations on the organization's marketing success

 Advertisement Creation:
o Creativity and originality of the advertisement

o Effectiveness in communicating the organization's value proposition

o Alignment with the organization's branding and target audience

o Overall quality and presentation of the advertisement

Total Marks:

Additional Tips:

 Be thorough in your research and analysis.

 Use relevant marketing theories and frameworks to support your findings and
recommendations.

 Be creative and innovative in your advertisement design.

 Practice effective teamwork and communication throughout the assignment.

 Seek feedback from your instructor or classmates during the process

 EACH TEAM WILL HAVE TO PRESENT THEIR PPT’S

 KINDLY NOTE – ON THE DAY OF PRESENTATION , EACH TEAM IS REQUIRED TO GET THEIR
OWN SPEAKERS AND THE PPTS along with the Videos should be given in a pen drive.

 THE PENDRIVE Should be handed over a day before their presentation.

 The timeline given for all your submission is until 20th November 2024

 Failing which you will have negative marks if you don’t submit on time.

 If you do not present at all then you will lose a major part of your internal assessment.

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