Final Project

Attached is the proposal to which the paper should be based on 

The final project for this course will be developing a marketing plan for a New Product Development (NPD) idea. Throughout this course, you will be learning about the various parts the comprise a marketing plan.  Your final deliverable for this class will be a strategic marketing analysis and plan.

The final plan should illustrate the following points:

  1. Consumer problem to be solved/gains to be provided
    • Nature of the proposed solution
  2. Positioning statement
    • Details on a target market and market segmentation
  3. Market analysis
    • SWOT analysis
    • Details on competing products or services
    • Discussions on differentiation from competition
    • discussion on market trends based on research
  4. New product development process summary
    • Details on the process used to develop this hypothetical product
    • Discussion on how concept/product could be tested
  5. Marketing strategy
    • Provide an overview of the planned marketing and advertising strategy
    • Provide more specific details and discussions on one of the following:
      • Integrated marketing communication plan
      • Logistics and distribution to include reverse logistics

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