Posted: September 2nd, 2020

Marketing Channels and Price to Create Value for Customers, marketing homework help

Assessment Brief MRKT 310 Principles of MarketingWeek 6 Writing AssignmentUsing Marketing Channels and Price to Create Value for CustomersLearning OutcomesMarketing Channels.  Student can outline a multi-channel distribution systemMarketing channel strategy.  Student can recommend a marketing channel strategy for a product or service offering that assures the correct amount of intensity.Value chain.  Student can discuss how each channel in the product or service offering adds value to the customer.Pricing strategy.  Student can analyze a current pricing strategy and make recommendations for modifications.DirectionsThis assignment assesses your ability to relate marketing mix concepts of distribution and pricing to your product or service offering.  You will also have a chance to recommend new distribution and pricing strategies based on your new target market to meet their needs.  Prepare your assignment beginning with a title page to include your name, your product or service name, and the name of your target market.  Then answer each of the following four questions in order numbering each of your responses.  There is no need to repeat the question.  Marketing channels.  To the best of your ability, outline the marketing channels of your product or service offering as they currently exist.  Refer to Figure 6.2 for some ideas.  Most product and service offerings will have more than one channel, so your system should include at least two, for example (1)  a direct channel for internet sales:  manufacturer --> customer; and  (2) an indirect channel such as manufacturer --> distributor --> wholesaler --> retailer --> customer. If your product or service only has only a direct channel, explain why.  Would this channel strategy change as a result of your new target market?  Why or why not?Marketing channel strategy.  Why type of distribution intensity strategy does your product or service currently use?  How do you know this?  Would this distribution intensity strategy change for your new target market? Why or why not?Value chain.  Referring back to your marketing channel diagram, discuss what each member of the value chain does to bring value to the consumer.  Pricing strategy.  Referring to the various pricing strategies outlined in the week's readings, which one does your product or service currently use.  Would you recommend any changes for your new target market?  If so, how would you change it and why? Be sure to follow all of the submission requirements outlined in the syllabus and provided below again for your easy reference:•Prepare as a word processed document (such as Microsoft Word). •Your assignment should be the equivalent of two pages of double-spaced text, approximately 1/2 page for each of the four questions.•Be sure your name, writing assignment number, and the name of your product or service are on the first page of your writing assignment.•Use a simple 12-point font such as Times New Roman.  Use black ink for majority of your work and only use colors if it enhances your ability to communicate your thoughts.  •If the writing assignment requires external research, be sure to use footnotes and include a bibliography.  You may use MLA or APA style, or any other college-level style guide. More information about using a style guide can be found in the UMUC's virtual library accessible from your LEO classroom or at umuc.edu/library.  •Upload your word processed document in your LEO assignments by the due date in the LEO calendar.  Refer to the grading rubric for the assignments.  Be sure to note that 20% of your grade on this assignment will be based on your grammar, composition, adherence to the submission requirements, and use of an appropriate college-level style guide for writing and referencing.  Any questions?  Please post in the general discussion forum for Week 6.Start DateFeb 15, 2016 12:00 AMHide RubricsRubric Name: Weekly Writing Assignments RubricCriteriaLevel 44 pointsLevel 33 pointsLevel 22 pointsLevel 11 pointLevel 00 pointsMarketing Concept #1Student exhibits a high level of understanding of the first marketing concept in this writing assignment and can precisely apply the concept to a real product.Student exhibits a good level of understanding of the first marketing concept in this writing assignment and can generally apply the concept to a real product.Student exhibits an average level of understanding of the first marketing concept in this writing assignment, but may not have been able to apply the concept to a real product effectively.Student exhibits a poor understanding of the concept and cannot  demonstrate the concept's applicability to a real product.Student did not attempt or effort was off track.  Marketing Concept #2Student exhibits a high level of understanding of the first marketing concept in this writing assignment and can precisely apply the concept to a real product.Student exhibits a good level of understanding of the first marketing concept in this writing assignment and can generally apply the concept to a real product.Student exhibits an average level of understanding of the first marketing concept in this writing assignment, but may not have been able to apply the concept to a real product effectively.Student exhibits a poor understanding of the concept and cannot  demonstrate the concept's applicability to a real product.Student did not attempt or effort was off track.  Marketing Concept #3Student exhibits a high level of understanding of the first marketing concept in this writing assignment and can precisely apply the concept to a real product.Student exhibits a good level of understanding of the first marketing concept in this writing assignment and can generally apply the concept to a real product.Student exhibits an average level of understanding of the first marketing concept in this writing assignment, but may not have been able to apply the concept to a real product effectively.Student exhibits a poor understanding of the concept and cannot  demonstrate the concept's applicability to a real product.Student did not attempt or effort was off track.  Marketing concept #4Student exhibits a high level of understanding of the first marketing concept in this writing assignment and can precisely apply the concept to a real product.Student exhibits a good level of understanding of the first marketing concept in this writing assignment and can generally apply the concept to a real product.Student exhibits an average level of understanding of the first marketing concept in this writing assignment, but may not have been able to apply the concept to a real product effectively.Student exhibits a poor understanding of the concept and cannot  demonstrate the concept's applicability to a real product.Student did not attempt or effort was off track.  Grammar, composition, adherence to submission requirements, effective use of referencesStudent submitted a professional document with no typos or grammatical errors.  Assignment adheres all all submission requirements outlined in the syllabus. Student demonstrated superior research and referencing skills and uses a college-level style guide.Student submitted a  good document, may have a few typos or grammatical errors.  Assignment adheres to all submission requirements outlined in the syllabus.  Student demonstrated adequate research and referencing skills, but may have some issues with attribution of statements of facts or others' opinions, uses a college-level style guide.Student submitted an acceptable document, may have an unacceptable number of distracting typos or grammatical errors.  Assignment does not adhere to all submission requirements outlined in the syllabus.  Student demonstrated poor research and referencing skills leaving most statements of facts and others' opinions unattributed, and attributions may not be in the form of a college-level style guide.Student submitted a poor document, typos and grammatical errors very distracting to the reader.  Assignment does not comply with most submission requirements as outlined in the syllabus. Students does not demonstrate any research and referencing skills.  Writing style needs significant help.  Suggest student seek the services of UMUC's Effective Writing Program before submitting further assignments.Student does not submit a writing assignment on time or in an acceptable format.  Overall ScoreLevel 514 or moreLevel 411 or moreLevel 38 or moreLevel 25 or moreLevel 10 or moreweek_6_overview_power_point.pptxweek6_coursecontent.pdfemployment_discrimination.docxinstructions_mrkt.docx

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