MM Project - CCA2
MM Project - CCA2
Introduction:
The Marketing Plan is a vital concept in marketing and one that forms the core of marketing
success. In this concluding activity to the subject Marketing Management, students will integrate
concepts from all the earlier lessons in the module. Students will begin with analyzing the
Marketing Mix for a hypothetical product or service and then design a marketing strategy for the
same.
This activity is designed as part of CCA 2. It will carry 20 marks.
Objectives/Purpose of the Activity:
1. Executive Summary: A brief overview of the entire marketing plan, highlighting the main
goals, strategies and expected outcomes.
2. Market Analysis:
Market Research: Detailed information about the target market, including demographics,
psychographics, needs, and preferences.
Competitive Analysis: Examination of competitors' strengths, weaknesses, opportunities, and
threats (SWOT analysis).
Market Trends: Identification of industry trends, shifts in consumer behavior, and emerging
market opportunities.
3. SWOT Analysis:
Strengths: Internal attributes that give your business a competitive advantage.
Weaknesses: Internal areas that need improvement or could be a disadvantage.
Opportunities: External factors that your business can capitalize on.
Threats: External factors that could negatively impact your business.
4. Marketing Objectives:
Specific, measurable, achievable, relevant, and time-bound (SMART) goals that align with the
overall business objectives.
5. Target Audience:
Detailed description of the ideal customers or clients, including their demographics, behaviors,
and preferences.
7. Marketing Strategies:
Product Strategy: How your products or services will meet customer needs and stand out from
the competition.
Pricing Strategy: Determining the pricing structure based on factors such as value,
competition, and target audience.
Promotion Strategy: Methods you'll use to promote your offerings, including advertising,
public relations, social media, etc.
Distribution Strategy: How products or services will reach customers (e.g., through retail,
online, direct sales, etc.).
8. Marketing Tactics:
Specific actions and activities to implement the marketing strategies. This could include
details about advertising campaigns, social media posts, events, and more.
9. Budget:
Allocation of funds for each marketing activity, ensuring the plan remains financially viable.
GRAND FINALE!!!!
One group per division will be selected for the Grand Finale.
Selected 6 groups (1*6 divisions) will compete to be the Overall Winner!!!
The final assessment in Finale round will be based on-Display and Presentation.
Timeline:
Event Tentative Date
Announcement 2nd September
Formation of group 6th September
Sector selection 10th September
Completion of Point 1 15th September
Completion of Point 2-6 30th September
Completion of Point 7 15th October
Completion of Point 8-10 30th October
Presentations 10th November
Declaration of Winner 15th November
Grand Finale & declaration of Overall Winner First week of December