Final Project
Developing Marketing Plan
Assignment Brief: Throughout the world developing and implementing marketing plans is the hallmark for the Marketers. Most of the corporations see ability to develop and manage marketing plans as an important pre-requisite for the top marketing slots. Most of the current CEOs are also known for their ability to plan and execute marketing plans
Key Deliverables: You are required to develop a marketing plan for the assigned product/service/brand. In this project we should do a product extension in my chosen brand (Mcdonald’s restaurant) which mean is to add a burger, side dish and drink to do the product extension . My idea is to add to the menu of the restaurant products that serve vegans. So , a burger, side dish and drink for the vegans.
Instructions:
The final report and presentation must cover:
• EXECUTIVE SUMMARY
Clear, concise overview and outline of entire marketing plan
• COMPANY BACKGROUND
1. Nature of business;
2. Mission;
3. Vision
4. Organization structure
5. Major strengths and weaknesses
• THE CHALLENGE
Brief description of the product/service to be locally marketed
(here you have to write about the new product you want to launch)
• MARKETING OBJECTIVES
Objectives/goals
Identification of opportunity within specific market segments
(here you have to write a paragraph to introduce your marketing objectives, then in pointed list write the objectives + explain each objectives then Identification of opportunity within specific market segments)
• MARKETING STRATEGIES
1. Clearly define the target markets (demo, psycho, etc.)
2. Product (what is my new product and component), Price(how much is it , how much is the expenses and revenue) , Promotion (how I will advertise) and distribution strategies.
(all is about my new product not McDonald’s)
• MARKETING IMPLEMENTATION
Specific actions and responsibility
Page 1 Executive Summary
Page 2– 7 Report
Page 8 + Annexure
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