The desired effect of the marketing campaign as a shift in

Question

Assignment Guidelines, Part 1

Prepare a 2-3 page paper in Microsoft Word to address the following:

Describe the ultimate goal of the product campaign for the new shampoo.

Discuss your methods for achieving this goal.

Identify the components of marketing, pricing, and distribution for the campaign.

Include in your response a discussion and analysis of the concepts of utility, price elasticity, and demand.

Assignment Guidelines, Part 2

Using Microsoft Excel:

Prepare a graph which illustrates the desired effect of the marketing campaign as a shift in market equilibrium with reference to price and quantity adjustments.

Prepare another graph to illustrate how a change in consumer utility affects the price elasticity of demand.

Copy and paste or import these graphs into the MS Word document you prepared in Part 1 of this assignment.

Remember, quotations, paraphrases, and ideas you get from books, articles, or other sources of information should be cited using APA style.

Assignment 2 Grading Criteria

Discussed the components of marketing, pricing, and distribution as elements of the campaign.

Discussed and analyzed the concepts of utility, price elasticity, and demand in relation to the chosen marketing strategy.

Illustrated the desired effect of the marketing campaign as a shift in market equilibrium with reference to price and quantity adjustments.

Illustrated how a change in consumer utility affected the price elasticity of demand.

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources, displayed accurate spelling, grammar, and punctuation.

Answer 1

Assignment 1: Make a 2 to 3 page paper in the Microsoft word document to address the given: 1) Illustrate the main goal of the product campaign for the latest shampoo. 2) Illustrate your processes for accomplishing the goal. 3) Recognize the components of marketing, pricing and distribution for the campaign. 4) Comprise in your response a discussion and assessment of the concepts of utility, price elasticity and demand. Assignment 2: Use Microsoft Excel: 1) Sketch a graph that describes the desired effect of the marketing campaign as a shift in the market equilibrium with reference to price & quantity adjustments. 2) Sketch other graph to describe how a change in consumer utility influences the price elasticity of demand. 3) Copy and paste or import such graphs to the MS Word document you prepared in Part 1 of. Keep in mind, quotations, paraphrases, and ideas you obtain from books, articles or other sources of information must be cited employing APA style.