Product & Price In Marketing
Using the "Waters Bottling Company" (fictitious company) in Module 1, build the Marketing Plan Sections for the product you have selected/ invented/ created. Complete the following in MS Word: Be concise but complete in your analysis of each plan element. Your employer wants to know you have left nothing out in your analysis.
This assignment represents Section 3 of the Marketing Plan (attached below). Use the guide to identify the sections of the Marketing Plan and the marketing elements contained therein. This assignment will focus on Section 3- Product & Price (Module 3).
Section 3 - Product & Price
• The Product
o Product Levels: Core, Actual, & Augmented (Packaging)
o Product Life Cycle
o BCG Model
• Services Marketing
• Price Determination & Pricing Strategies
o Supply & Demand
o Competition
o Objectives and Strategies
You will create a complete Marketing Plan by the end of the course. You will write the third section of the Marketing Plan for this assignment. Use the Marketing Plan guide to identify the sections of the Marketing Plan and the marketing elements contained therein. This assignment will focus on Section 3 - The Product & Pricing (Module 3).
Relate all responses using the WBC scenario and the product you have selected to market in Module 1.
Create a 4- to 6-page Word document for your Marketing Plan Section. Apply a standard business writing style using the Market Planning Guide sections as your (headers/ sub heads/ bullets) to your work. Be sure to cite your work in the APA format.