Objectives
The Course Project gives students the opportunity to synthesize all of the concepts in the BUSN319 Marketing course in a comprehensive marketing plan for a new product (a good or service). This approach enables students to combine functional expertise based on their own work experience and field of study. Appendix A in our textbook provides your guide and outline for the plan.
Paper
Your final marketing plan must be 10–15 pages in length, one inch margins, 12 point fonts, double-spaced and cover all sections of the marketing plan outline, use at least three research sources plus your textbook as the 4th and follow all APA guidelines.
Introduction
Product innovation and marketing are the only enduring competitive advantages that companies can use to survive and thrive in the marketplace. A marketing plan is a guide for those product innovations and marketing activities for a specified period of time, typically about 5 years. Marketing plans are used internally to guide marketing activities, or they can be used to communicate with external audiences to raise capital.
There are important things to consider as the plan is created.
Is the marketing idea valid?
What is unique or distinctive about the product that separates it from competitors?
Does a viable market exist for the product?
Is the target market large enough, accessible, and capable of purchasing your product?
Are the financial projections sound?
Is the management team competent?
How will investors get a return on their investments?
Last Completed Projects
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