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Marketing Plan: Product Identification and SWOT Analysis DUNKIN’ DONUT What To Do: Using the company you selected, you will complete a situation analysis with the goal of identifying a new product/service to develop your marketing plan against
Marketing Plan: Product Identification and SWOT Analysis
DUNKIN’ DONUT
What To Do:
Using the company you selected, you will complete a situation analysis with the goal of identifying a new product/service to develop your marketing plan against.
Guided Response:
Create a minimum 750 word APA style formatted Word document that includes at least 1 scholarly resource in addition to the course text...White, S. (2012). Principles of marketing .
Your document should contain paragraphs that cover the following topics:
- A description of your selected company/brand
- The core products/services they offer
- A brief history
- Key current competitors
- A SWOT analysis
- The product or service line you want to develop a marketing plan for and a SWOT based argument for why it warrants marketing investment
What Should I Market?
The focus of your marketing plan can be a new product/service idea of your own or an existing product/service that you think deserves its own dedicated campaign. Just don't pick something that you've already seen being actively marketed.
For example, after completing a SWOT analysis for McDonald's, one might propose marketing new concepts like a McVeggie burger or an adult happy meal. Further afield, one might propose a whole new chain of pay to visit indoor McPlayground Centers. Or, relative to existing offerings, one might suggest a dedicated marketing campaign for say "burgers at breakfast" or after midnight snacking via the drive thru.
Lean about your brand and then let your imagination run wild. It can be a big idea that will appeal to many of their customers or a very targeted effort. You decide. You can always adjust your idea after getting instructor feedbac
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