ERAU MGt311 8.5 - Marketing Research Paper

• Due Sunday by 11:59pm
• Points 100
• Submitting a file upload

Develop a preliminary marketing plan for a hypothetical or real company in the aviation/aerospace industry. Download the Marketing Paper instructions and review it in its entirety prior to beginning this research activity.

Submit your assignment by attaching a document utilizing the provided submission link. Include your surname, module number, and title of the assignment

MGMT 311 - Marketing Plan
Develop a preliminary/basic marketing plan for a hypothetical or real company.
The following elements must be included in your paper.
1. Executive Summary/Abstract
a. Summarize plan in a few paragraphs
b. Include positioning statement
2. Overview of company
a. Mission statement
b. Product/service description
c. Competitors
d. SWOT Analysis
3. Market Segment
a. Identify the primary and secondary target markets.
b. Provide rationale for selection
4. 4 Ps, Branding strategy
a. Clearly identify product and/or service
b. Price strategy
i. What is your pricing strategy-penetration, skimming, competition, cost plus, etc.
ii. Rationale for your selected strategy.
1. Fixed/variable costs
2. Competition
3. Target group and willingness to pay
iii. Selected strategys relationship to market positioning.
c. Place (Distribution) Plan
i. What is your strategy in determining how and where the consumer buys your
product/service?
d. Advertising and Sales Promotion Plan
i. How are you going to reach your target market?
ii. Advertising
iii. Which media will be most effective?
iv. Will you use social media?
v. What types of sales promotion strategies will you employ?
1. Free samples, coupons, product demonstrations, etc.
e. Develop a branding strategy that covers brand name, logo, and slogan.
Formatting requirements:
1. Be typed double-spaced.
2. Citations and references must follow APA format