The Report Format The report format is very important. It should be reflective of a formal report that would be used in a professional business setting. The report must include: A) A reference list – note, this is not a bibliography – and; B) In-text references and citations, in accordance with the College guidelines (I.e. APA referencing style). Below is an example of the formatting required: The Example Report Format Title Page Table of Contents Executive Summary – this is an overview of the major points in your report. Ideally, the reader should be able to get a good understanding of the key concepts that can be found in your report, just by reading this section. Note: The above-mentioned sections are not included in the assessment word count! 1.0 Background 1.1 Company history 1.2 Mission 1.3 The brand 1.4 The product and services – tell us about the features and how this benefits customers. How does this product/service meet the needs of the business, and why do you propose it is (or will be) successful? 2.0 Situational analysis – this is your starting point. This is where you critically describe where things are at the moment – . your current business situation. Environment – Political, Economic, Social, Technological – the ‘big picture’ trends that affect your company and it’s marketing activities. Market – Current size and expected growth, in the market in which you will compete. Competition – Description of major competitors – include size, market share, key product lines, and marketing activities, particularly online. Customers – Description of current or target customer base, . an analysis of wants and needs. Market segmentation – Define segments, based on existing and potential customers. Identify the target market for this particular product/service. The basis for segmentation could be based on: geography, company size, digital media or the use of specific technology, various products, or brands. Relationships – Explain the importance of relationships. Think about the sales force and specific relationship-building activities, both before and after purchase. Consider the B2B customer life- cycle (Reach-Acquisition-Conversion-Retention-Loyalty) and the types of activities that will both, engage customers and strengthen relationships that result in greater lifetime value. Buyer Behaviour – Buying processes and factors affecting buyer behaviour. Conclusion – A good conclusion should summarise your key relevant points. Do not introduce any new concepts here! You want to remind us of why your argument is relevant and what reasoning, decision or judgement you came to, based on the research you undertook. References – Remember, this must be in the APA referencing style! Instructions: First, you must find a company that operates in an area or industry of your interest. Once you have located a company, you will be required to select one of their real-life B2B products or services, to use in your report. your assessment: diagnostic report must be detailed and in-depth Once you have chosen your company and your product, your task is as follows: 1. Describe the background of the product and company – aspects to consider, could be the historical background of the product/company, such as brand, mission and vision. 2. Explain the product details – this includes all aspects of the product, such as features, technical aspects, benefits to customers, varieties, etc. 3. Analyse the relevant market situation that includes industry analysis, competitors, and market trends – this includes the micro (company, suppliers, intermediaries, customers, competitors and publics) and macro (political, economic, social, and technological) analysis. The other elements to include, could be competitors and other market trends. 4. Analyse the market segmentation of this product – this includes the basis of segmentation for your product, with a clear section identified.
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