MKT202 Ga Su23
MKT202 Ga Su23
TOPIC:………………….
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B. Group assignment (10 pages)
Developing a marketing plan for a service business (operating in the market or a
newly established business).
This exercise is intended to help you review, systematize and apply your knowledge
to practice to build a marketing plan for a service product or service business. For this
assignment, please create and submit four deliverables of the marketing plan:
- Deliverable 1: Introduction about the service business
- Deliverable 2: Marketing 4Ps
- Deliverable 3: Customer Interface Strategy
- Deliverable 4: Customer Relationship strategy.
Assessment must include theories from Chapter 1-14.
Content structure Guideline:
1. Introduction about the service business
1.1. Overview about the service business: Analyze the current status of the
company's service products in the market.
1.2. Identify target customers
+ Define the target market as precisely as possible (e.g., age, gender, location,
income level).
+ Research the need, interests and preferences of your target market (e.g., product
service need, lifestyle and hobbies).
1.3 Market positioning strategy
+ Identify the company’s focus strategy (out of the four focus strategies: fully
focused, market focused, service focused or unfocused).
+ Create the positioning map to identify the competitive strategy of the company.
2. 4Ps Strategy in service marketing
2.1. Develop or describe service product(s): Identify the core product;
supplementary services and delivery process of the selected company
2.2. Manage the distribution of service through marketing channels: Which
marketing channels (physical/online channels), which intermediaries are included in each
channel?
2.3. Pricing strategies for service products: Set the Objectives of Service Pricing,
which pricing strategy: Cost-Based Pricing, Value-Based Pricing or Competition-Based
Pricing is selected, and why?