Assignment: Market Penetration Plan
Create a 700-word plan for market penetration of a 3-year period of time:
• Explain the major components of your marketing plan.
• Examine your distribution and pricing plans.
• Explain your business purpose.
• Explain your pricing strategy.
• Evaluate which type of advertising is the most beneficial to your business/product.
• Evaluate whether that type of advertising matches up to your offering and pricing, and whether you can afford it.
• Explain whether it fits your image of your business.
• Determine whether your customers will need to be educated about your business/product.
• Explain whether you will need to hire a marketing expert.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.