Greg this are the critics please see the attachment for the Click it Unit 1 and 2 The others units are Excelllent do not need any corrections. Thank you!
Kind Regards.
Unit 1
Thank you for submitting your project on time. This will work well and I think you’ll do well developing
your BEMP with this Click it idea. I hope you enjoyed this first assignment.
Let me know if you have any questions or concerns as we move forward. Thanks and best wishes for a
successful project!
Unit 1 Grading Criteria for the Brand Extension Marketing Plan.
Total possible points = 47/50
Unit 1: Beginning your Brand Extension Marketing Plan
The weekly components of the marketing plan will be evaluated using the appropriate rubric.
Subject Mastery
Knowledge-1 Comprehension-2 Application-3
Can define major ideas Can discuss major ideas Can apply major concepts to new situations
The weekly components of your plan were evaluated using this rubric:
- Identified a realistic product or service that could generate revenue and for which you will prepare a marketing plan and strategy during this class. You
gave the product a name and described it. 10/10 To avoid 1 sentence paragraphs you should have incorporated the name of the product in
the paragraph where you described it.
- Looked up brand extension in your Kotler text and defined how your product fits this definition. Defined your brand as a line or category
extension. 7/10 Your response required more than a sentence. You did not provide enough detail.
- Stated how information will be acquired to prepare the brand extension marketing plan and described what
research you will undertake. 10/10
Described the key customer market for the product. 5/5
- Identified whether the product will be marketed domestically or globally. 5/5
- Clear business writing. Spelling and grammar are acceptable. 10/10
Be sure to use headings formatted according to APA guidelines. Please note: Keep in mind, all sources listed on your reference list must be cited in the body of
your work to show where you used the information. I am aware that the
instructions for this assignment allow you to exclude citations. Do not confuse
this requirement for other assignments in other classes.
UNIT 2
My hope is that you’re enjoying the creation of the BEMP, and learning a lot about how to go about developing a full-fledged marketing plan. The best way to learn, is to “do” and that is what I like about this assignment. This second unit contains a great deal of information, which is why it’s worth a full 100 points. It’s really the heart and soul of your plan. As always if you have any questions or concerns send me an e-mail or post something in the Virtual Office. I prefer e-mail.
Grading rubric for Unit 2 Brand Extension Marketing Plan (possible 100 pts.)
Unit 2: Identifying and Assessing Marketing Opportunities
The weekly components of the marketing plan will be evaluated using the appropriate rubric.
Subject Mastery
Knowledge-1 Comprehension-2 Application-3
Can define major ideas Can discuss major ideas Can apply major concepts to new situations
Situation Analysis: 5/5 points
Include:
- A one paragraph summary of the current situation.
Market Summary: 3/5 points
Include:
- Target customer group and why
- Projections for the growth of this market You did not address this.
Market Demographics: 10/10 points
Identify in some detail:
- Demographics
- Geographics
- Behavioral Factors (Psychographics and Lifestyle considerations)
Market Needs: 4/5 points
- What benefits are important to your customer and what are their needs? How do you know this?
Market Trends: 10/10 points
- Identify and explain at least three market trends that leads you to believe you’ll be successful in this venture
Market Growth: 5/5 points
- Articulate if the market is growing, static or diminishing. Provide evidence.
SWOT Analysis: 15/15 points
- Strengths – identify at least three positive internal aspects that add value
- Weaknesses – identify at least three negative internal aspects related to competitive disadvantage
- Opportunities – identify at least three opportunities you think will lead to success
- Threats – identify at least three issues that could threaten your success
Competition: 7/10 points
- Describe your competition
- Say why customers will prefer your product over others
- Describe how you will compete with your competition and win
- Identify the marketing mix (price, place, promotion, product) of at least one of your competitors
Product Offering: 10/10 points
- List the products you currently offer and explain how your new product fits in with these.
Keys to Success: 5/5 points
- Include at least three factors that will determine your success
Critical Issues: 4/5 points You did not directly describe whether your product is in the birth stage.
- Describe where your product is in the product life cycle (birth, growth, maturity or decline) and why
Writing/Style/Spelling/Grammar: 14/15 points Please note: Keep in mind, all sources listed on your reference list must be cited in the body of your work to show where you used the information. I am aware that the instructions for this assignment allow you to exclude citations. Do not confuse this requirement for other assignments in other classes.
Your work needs to have a more formal tone. For example, “even sip down their throats hot coffee”
Total 92/100