14 Aug MRKT 310 Principles of Marketing Week 6 Writing Assignment Using Marketing Chann
MRKT 310 Principles of Marketing
Week 6 Writing Assignment
Using Marketing Channels and Price to Create Value for Customers
Learning Outcomes
Marketing Channels. Student can outline a multi-channel distribution systemMarketing channel strategy. Student can recommend a
marketing channel strategy for a product or service offering that
assures the correct amount of intensity.Value chain. Student can discuss how each channel in the product or service offering adds value to the customer.Pricing strategy. Student can analyze a current pricing strategy and make recommendations for modifications.
Directions
This assignment assesses your ability to relate marketing mix
concepts of distribution and pricing to your product or service
offering. You will also have a chance to recommend new distribution and
pricing strategies based on your new target market to meet their needs.
Prepare your assignment beginning with a title page to include your
name, your product or service name, and the name of your target market.
Then answer each of the following four questions in order numbering
each of your responses. There is no need to repeat the question.
Marketing channels. To the best of your ability, outline the
marketing 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?Marketing channel strategy. Why type of distribution
intensity strategy does your product or service currently use? How do
you know this? Would this distribution intensity strategy change for
your new target market? Why or why not?Value chain. Referring back to your marketing channel
diagram, discuss what each member of the value chain does to bring value
to the consumer. 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?
Be sure to follow all of the submission requirements outlined in the syllabus and provided below again for your easy reference:
Prepare as a word processed document (such as Microsoft Word).
Your
assignment should be the equivalent of two pages of double-spaced text,
approximately 1/2 page for each of the four questions.
Be
sure your name, writing assignment number, and the name of your product
or service are on the first page of your writing assignment.
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.
If
the writing assignment requires external research, be sure to use
footnotes and include a bibliography. You may use MLA or APA style, or
any other college-level style guide. More information about using a
style guide can be found in the UMUC’s virtual library accessible from
your LEO classroom or at umuc.edu/library.
Upload your word processed document in your LEO assignments 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.MRKT 310 Principles of MarketingWeek 6 Writing AssignmentUsing Marketing Channels and Price to Create Value for CustomersLearning OutcomesDirectionsBe sure to follow all of the submission requirements outlined in the syllabus and provided below again for your easy reference:Prepare as a word processed document (such as Microsoft Word).Your
assignment should be the equivalent of two pages of double-spaced text,
approximately 1/2 page for each of the four questions.Be
sure your name, writing assignment number, and the name of your product
or service are on the first page of your writing assignment.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. If
the writing assignment requires external research, be sure to use
footnotes and include a bibliography. You may use MLA or APA style, or
any other college-level style guide. More information about using a
style guide can be found in the UMUC’s virtual library accessible from
your LEO classroom or at umuc.edu/library. Upload your word processed document in your LEO assignments 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.
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