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Page 1 of 3 MKT82210 – Marketing – Assignment 3 Report Study Period 5, 2018 Due: 8 October 2018, 11:00pm (AEST) 3000 words (+/- 20%) Background to the Assessment The aim of this project is to identify...

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Page 1 of 3
MKT82210 – Marketing – Assignment 3 Report
Study Period 5, 2018
Due: 8 October 2018, 11:00pm (AEST)
3000 words (+/- 20%)
Background to the Assessment
The aim of this project is to identify strategic marketing opportunities of an organisation, and
develop a marketing plan for one of the strategic options. You can select any organisation of
your choice. It is strongly recommended that you use the same organisation for Assessment
1 and Assessment 3, so read the
ief for Assessment 1 & 3 before selecting an
organisation.
Furthermore in making a choice you should bear in mind:
 you will be assessed on your ability to apply concepts from this unit, and
 you need to be able to obtain sufficient cu
ent information to provide a
comprehensive evaluation of their cu
ent marketing strategy.
Referencing should be included where appropriate in your assignments to acknowledge
elevant information. The required referencing format is the Harvard style – see the MySCU
site for information on how to apply this style of referencing in your assignments.
Assessment 3: Report (Marketing Plan)
For this assignment you are spearheading the development of a new product for the
company/organisation you analysed in Assessment 1. The product (good or service) can be
eal or fictitious; it does not have to be ‘new-to-the-world’ but new to your organisation (see
categories of new products in Topic 4).
Page 2 of 3
Your situation analysis from Assessment 1 should have afforded valuable research and
insights. You may need to gather more information specific to the new product, but as this is
not specifically a marketing research assignment do not spend inappropriate time gathering
esearch. Instead state any assumptions you need to make if research information is not
available.
From your analysis of Assessment 1, you are now required to develop a marketing plan to
support the launch of this new product/service. In developing your plan:
a) Make sure the plan follows a recognised authority for structure and content – have a look
ack at Topic 1. However as it is only a launch plan, each section is
ief and succinct.
) Preface your marketing plan with some background on the organisation, its mission and
corporate objectives, being the context of the launch plan. This should be readily available
from Assignment 1 but will remind the marker.
c) As this is specifically a launch plan, your time horizon may be shorter than one year. In
some cases you may envisage your launch as a test market (Step 7 in the new product
development process).
d) As a rule of thumb, a plan should normally be split 50/50 (in length/words) between the
situation analysis and recommendations (objectives/strategies/action plans) sections of a
marketing plan. Your situation analysis should readily follow from your situation analysis in
Assessment 1 but be tailored to the new product and hence the lower mark allocation for this
in this Assessment.
e) Be sure to support your strategy recommendations with rationale. You will need to
address all elements of the marketing mix so Topics 4 to 6 will be relevant.
School extension policy
Students wanting an extension must make a request at least 24 hours before the
assessment item is due and the request must be submitted to Student Administration, via
the following link:
https:
www.scu.edu.au/cu
ent-students/student-administration/special-consideration
Extensions within 24 hours of submission or following the submission deadline will not be
granted (unless supported by a doctor’s certificate or where there are exceptional
circumstances – this will be at Student Administration and/or unit assessor’s discretion and
will be considered on a case by case basis). Extensions will be for a maximum of 48 hours
https:
www.scu.edu.au/cu
ent-students/student-administration/special-consideration
Page 3 of 3

(longer extensions supported by a doctor’s certificate or exceptional circumstances to be
considered on a case by case basis).
A penalty of 10% of the total available grade will accrue for each 24 hour period that an
assessment item is submitted late. Therefore an assessment item worth 20 marks will have
2 marks deducted for every 24 hour period and at the end of 10 days will receive 0 marks.
Extensions will NOT be approved because of problems with personal computers or storage
devices. Back up your work every day to a secure location.

Page 1 of 4
MKT82210 – Marketing – Assignment 1 Report
Study Period 5, 2018
Due: 17 September 2018, 11:00pm (AEST)
1500 words (+/- 20%)
Background to the Assessment
The aim of this project is to identify strategic marketing opportunities of an organisation, and
develop a marketing plan for one of the strategic options. You can select any organisation of
your choice. It is strongly recommended that you use the same organisation for Assessment
1 and Assessment 3, so read the
ief for Assessment 3 before selecting an organisation.
Furthermore in making a choice you should bear in mind:
 you will be assessed on your ability to apply concepts from this unit, and
 you need to be able to obtain sufficient cu
ent information to provide a
comprehensive evaluation of their cu
ent marketing strategy.
Referencing should be included where appropriate in your assignments to acknowledge
elevant information. The required referencing format is the Harvard style – refer to the
MySCU li
ary site link for information on how to apply this style of referencing in your
assignments (https:
libguides.scu.edu.au/harvard).
Assessment 1: Report (Strategic Marketing Options)
For this assignment, you are required to outline and discuss the strategic options available to
an organisation of your choice. If you choose a large organisation, you may then want to do
this in relation to a specific product line or particular service. If you have chosen a smaller
organisation, you may prefer to focus on their overall offering.
Page 2 of 4
Based on your analysis you are asked to consider alternatives for future marketing success
and to outline your recommendations. Using the concepts from Topics 1 and 2, you need to
address the following:
1) Introduce the business, its mission statement and product(s).
2) Present a comprehensive situation analysis which should include:
 Macro environment analysis: an analysis of the environmental forces that may
impact the business.
 Micro environment analysis: an analysis of the market they cu
ently operate
in
3) Present a SWOT analysis – as a summary of your situation analysis.
4) Now define ‘the problem’ that your organisation faces in terms of ‘where do they go
from here?’
5) Use Ansoff’s Matrix to help you identify strategic alternatives for the future – that will
solve the problem. Evaluate these.
6) Make a recommendation, based on the above evaluation, of which of Ansoff’s four
options you believe the organisation should pursue – to solve the problem. Support
your recommendation with rationale. Outline
iefly your recommendations for
implementation (next steps).
To support your analysis you are required to submit at least four different items of cu
ent
(i.e. the last 12 months) marketing material relevant to the business and/or product. So for
example: a copy of a web page, a media release, product or packaging information, an
advertisement, a survey and so on.
These should, of course, be addressed as part of your analysis. They should also be
included as an Appendix to your assignment (not part of the word limit).
Guidance for handling case studies
The
ief of your Assessment replicates the steps in analysing a case study. A case study
should be considered as analogous to a real–world situation, where you are asked to
investigate a ‘problem’ and then to solve it by making recommendations for future action.
You may perhaps envisage that you are acting in the role of a ‘consultant’.
Page 3 of 4
Firstly you need to analyse the cu
ent situation, to understand the key issues and
contributing factors, so that you can clearly define the problem, as opposed to symptoms of
the problem. Next, you have to solve the problem by identifying alternative courses of action,
evaluating these and then making specific recommendations. More specifically a logical
approach to handling a case study follows six steps:
1) Problem discovery: We have a ‘problem’; it is recommended that you discover the
problem in
oad terms at the outset (leaving problem definition to later).
2) Situation analysis: Analyse the cu
ent situation, concluding with a SWOT as a
summary of your analysis.
3) Problem definition: Make a succinct statement of ‘the problem’ that the organisation
faces and you are now going to solve.
4) Identification of alternatives and evaluation of these: Identify three or four (or more as
appropriate) alternative courses of action; evaluate each, listing the pluses and
minuses.
5) Recommendations: Make your recommendations from the alternatives and support
your recommendations with rationale – the ‘why’.
6) Implementation: Discuss
iefly any implementation issues (e.g. timing, resources)
pertinent to your recommendations.
Academics and authors may differ in their approach to case study. If you refer to your
Introduction to Study and Writing Skills booklet you’ll see a slightly different approach in
terms of steps and sequencing. There is no one best way to analyse a case – the important
thing is to have a logical, structured approach and to ensure linkage between the different
steps. Some further tips for handling case studies:
 Analyse rather than describe. You need to present an analysis/evaluation. You need
to identify the key issues. You need to decide what is the most important and
elevant information.
 Use ‘evidence’ to support your analysis and subsequent recommendations; analysis
evidence can often be succinctly (well) presented as tables/charts/graphs.
 Use your analysis in your evaluation and recommendations and support your
ecommendations with rationale (the ‘why?’). There is no one ‘right’ answer to a case
study and the marker is looking for you to support your opinion – ‘Have you explained
how you came to that conclusion?
 Your recommendations must come from your alternatives.
Page 4 of 4
School extension policy
Students wanting an extension must make a request at least 24 hours before the
assessment item is due and the request must be submitted to Student Administration, via
the following link:
https:
www.scu.edu.au/cu
ent-students/student-administration/special-consideration
Extensions within 24 hours of submission or following the submission deadline will not be
granted (unless supported by a doctor’s certificate or where there are exceptional
circumstances – this will be at Student Administration and/or unit assessor’s discretion and
will be considered on a case by case basis). Extensions will be for a maximum of 48
Answered Same Day Sep 27, 2020 MKT82210-2018-SP5

Solution

Soumi answered on Sep 28 2020
145 Votes
SOUTHERN CROSS UNIVERSITY
SCHOOL OF BUSINESS & TOURISM
MKT82210 – MARKETING – ASSIGNMENT 3 REPORT
MARKETING PLAN
Executive Summary
The automobile companies in market, due to their dependency on the economic condition, government policies and customer trends, cannot earn profit solely from a single and consistent strategy and would eventually fail, if the strategies for marketing are not changed or updated over time. Harley-Davidson Inc., established in 1903 in Wisconsin, USA, saw many difficulties as the ownership of the company changed, the company merged with American Machine and Foundry and eventually regained its status as a prominent player in USA in the mid-1960s, 1970s and in 1980s.
Besides, the moto
ikes for the newer generations are becoming necessary for transport and sports purposes, which are making it evident that Harley-Davidson Inc., produce lower engine capacity bikes, such as the 250cc.engine bikes, for the newer generations. For this purpose, the cu
ent report presents a market sale analysis of the company has been conducted, along with analysing their customer characteristics. Moreover, SWOT and Ansoff Matrix analyses have also been conducted of the bike, which have helped to
ing out useful recommendations. In order to make the launch of 250cc
Harley-Davidson moto
ike successful, some effective strategies have to be considered. Firstly, Harley-Davidson Inc. has to develop a very attractive info-graphic leaflet, for both printed and digital usage. Secondly, Harley-Davidson Inc. can also use limited edition moto
ikes along with introductory offer for the first lot of bikes. Promoting the moto
ike as limited edition units, will create a sense of pride among customer, who would flaunt the limited edition batching considerably. Thirdly, the company should use history-laden advertising for its promotional media contents.
The recommendations have been provided based on SMART strategy that is they are specific, measurable, attainable, relevant and time-specific. Finally, it could be infe
ed that from the global popularity of the
and and its merchandise business, it shows the fact that every product that has a Harley-Davidson Inc. logo on it would sell; therefore, by introducing a new lower engine capacity segments for bikes would not only be affordable, it will attracted a new customer base towards the
and, increasing the sales manifold.
Table of Contents
Introduction    4
Background of Harley-Davidson Inc.    4
Mission of Harley-Davidson Inc.    4
Business Objectives of Harley-Davidson Inc.    5
Context of the New Product Launch    5
Time Plan for the Launching 250cc Moto
ike by Harley-Davidson Inc.    5
Situation Analysis of Harley-Davidson Inc.    6
Market Sales and Customer Characteristics of Harley-Davidson Inc.’s New Bike    7
SWOT Analysis for 250cc Engine Moto
ike of Harley-Davidson Inc.    8
Ansoff Matrix for 250cc Engine Moto
ike of Harley-Davidson Inc.    9
Strategy Recommendations for the Launch with Justifications    10
Objectives    10
Strategies    12
Action Plans    12
The 4Ps Marketing Mix for 250cc Engine Moto
ike of Harley-Davidson Inc.    13
Conclusion    14
References    15
Introduction
The success of a business depends largely on the combination of profitable ideas, capital investment, dedication, market assessment and most importantly strategic marketing. Due to the sharing of knowledge, development of science and technology, the automobile industry has witnessed record number of competitors entering the market, which is making business hard to sustain.
However, automobile companies who had been in the industry for a long time have the advantage of using their reputation and
and loyalty as prime tools of business success. Strategic marketing takes into account the opportunities available in the market for individual companies and forms strategic actions that generate profit, which requires careful assessment. In the cu
ent assignment, Harley- David Inc.’s attempt of launching 250cc engine capacity moto
ikes has been chosen to assess its importance as a strategic marketing technique for successful business.
Background of Harley-Davidson Inc.
Harley-Davidson Inc. was established in 1903 in Wisconsin, USA. Despite having unique technology for their motorcycles, the sales figures were not impressive, however were growing slowly. As USA got involved in, the World War II, Harley-Davidson Inc. started building motorcycles for the USA Army, getting a huge surge in production, building 60,000 units during and post war times. The motorcycles produced by Harley-Davidson Inc. were much praised for their reliability, simplicity and quality.
Later, the
and popularity of the company led it to expand its business internationally, entering developed countries, where moto
ikes were more of a recreational thing than a part of daily commute. The company catered its reputation from the feel of luxury it provided its riders; the premium pricing, high quality standards, distinctive exhaust note, unique design made it a popular choice worldwide. However, the company never ventured into the mid-budget segment in the market, not utilising the market potential. Taking cue from its popularity, the company started selling merchandises that include, collector’s edition mini figurines, clothing range, riding gear and video games (Harley Davidson, 2018).
Mission of Harley-Davidson Inc.
Harley-Davidson Inc.’s mission included the fulfilling dreams of riders, worldwide, increasing line of products to offer variety and convenience of customers, and lastly, selected market segmentation. The passionate approach to dream fulfilments makes it evident that the company’s mission is to place its products into the luxury item category. Increasing product line and selective market entering shows, the mission of offering more products for individual markets and increase customer base (Thompson, 2017).
Business Objectives of Harley-Davidson Inc.
The mission of Harley-Davidson Inc. is to provide best riding experience to the riders and offer best in class benefits to its employees, empowering them to innovate independently. The company considers that every stakeholder is important and perfection and suitability can be found through balancing of stakeholders’ interests. Harley-Davidson Inc. used the action-oriented planning and offered benefit for its customers, as they mainly aim at quality instead of balanced pricing and marketing techniques (Harley Davidson 2018).
Context of the New Product Launch
The European and the USA automobile market is slowing down in terms of demands for premium bikes that are solely used for recreational purposes and enjoying the riding experience. The saturation of the demand is also a major factor that Harley-Davidson Inc. bikes are not selling fast. The new generations, as mentioned by Elhai et al. (2018), in developing country are getting more involved in IT technology and are showing their interest for the electronic devices. In addition, the surging demand in developing countries such as India, there is high demand for Harley-Davidson motorcycles, however, the buying power of the people are limited and fuel prices are very high therefore, Harley-Davidson Inc. can launch 250cc engine mid-range cruiser bikes as an alternative for higher sales of low priced bikes instead of lower sales of higher priced bikes. As affirmed by Khan, Zeeshan and Iqbal (2018), the low engine capacity would offer lower pricing, increased sales and
and value in a combined for, which would benefits the business.
Time Plan for the Launching 250cc Moto
ike by Harley-Davidson Inc.
Supposedly, if Harley-Davidson Inc. starts time plan from the month of January, it must conceive its plan within the first month and the market survey within January and Fe
uary. Starting from the month of Fe
uary to June, the research and development have to be conducted, while from May to August the product development process had to complete. It is worth the mention that, R&D and product development would have to be done simultaneously. The strategic marketing plans have to be finalised within August to October. The month of October and November could be used for advertising and promotion and lastly in the month of December feedback from the markets will be assessed.
    Course of Action
    Jan
    Fe
    Ma
    April
    May
    June
    July
    Aug
    Sept
    Oct
    Nov
    Dec
    Inception of the Idea
    
    
    
    
    
    
    
    
    
    
    
    
    Market Survey for Potential Assessment
    
    
    
    
    
    
    
    
    
    
    
    
    Research and Development
    
    
    
    
    
    
    
    
    
    
    
    
    Product Development
    
    
    
    
    
    
    
    
    
    
    
    
    Strategic Marketing Planning
    
    
    
    
    
    
    
    
    
    
    
    
    Advertising and Promotion
    
    
    
    
    
    
    
    
    
    
    
    
    Feedback Collection
    
    
    
    
    
    
    
    
    
    
    
    
Table 1: Time Plan for Launching 250cc Moto
ikes by Harley-Davidson Inc.
(Source:...
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