Need 2 Discussion Questions Done For BUS330 Principles Of Marketing Details Below
Here’s the scenario to imagine: a new five week marketing manager internship has opened up at each of the organizations listed below. And based on your past accomplishments (and that awesome business card), they all want you. The internship involves researching your employer’s current marketing efforts and then creating a marketing plan for a new product or service that you dream up. So, the question is – who would you choose to work for and why?
Your choices span a variety of categories as well as marketing approaches. We’ve provided website links, so you can learn more before making a decision. You will be working with this brand throughout the course, so choose carefully.
4. Answer these questions about your brand’s unique selling proposition in at least 350 words:
Using your textbook, define what constitutes a USP.
How would you describe your brand’s unique selling proposition?
How is that USP reflected by your chosen tweet?
Do not forget to cite and make a reference to your textbook.
Every year hundreds of millions of dollars are spent marketing products (or services) that fail. Millions of dollars those companies would love to get back.
Fortunately you happen to have a functioning time machine that you bought on Craig’s list. And now you’ve got one chance to fix what went wrong in the marketing research process and convince one of those companies not to spend that money.
You’re going to investigate and document the story of a famous new product flop (and market research failure) and how you went back in time to fix it. Your response must be at least 350 words and also refer to your textbook.
Identify and research a prominent new product/service failure.
The press loves failures, so you won’t have any problem finding examples.
Identify the following: product/service name, the company who marketed it, the year it was introduced and where (particularly if not in the U.S.).
Answer the following questions about the market research process. Refer to Section 2.3 in the text.
What are the steps in a market research process? Provide each step relating it to your product as possible.
Where was the failure in your product’s market research process? Which step was missing, not followed correctly, misinterpreted, or misrepresented?
What is the market research finding that you’re going to go back in time and share with management to stop this introduction?