Briefly explain your understanding of the basic concept


Marketing strategy

Task Type: Discussion Board Deliverable Length: 300-400 words

Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Check your client's Web site to find out if it discusses its business plans for now and in the future. This is often found in a public company's annual report. Private companies sometimes list their business activities under the "About Us" or "Newsroom" tabs on their Web sites.

Based on what you know about marketing, discuss the following:

• Briefly explain your understanding of the basic concept of a marketing strategy to your colleagues in 2-3 sentences.

• Discuss with your colleagues how you think research can help your selected company understand its brand's economic value in the marketplace.

• Add 1 thing that you think your company has not researched well about its brand.

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