Create a new product or service for an existing organization. This product or service will be the basis for your Marketing Plan Paper.
Obtain your instructor’s approval of your product or service before beginning this project.
Write a 1,000- to 1,400-word paper that includes the following:
• An overview of the existing organization
• A description of the new product or service
• An explanation of the importance of marketing to your selected organization’s success
• A SWOT (strengths, weaknesses, opportunities, threats) analysis on the new product or service
• The marketing research approach you would use to develop the marketing strategy and tactics for this new product or service Refer to the Marketing Plan Outline located on the student website for the general framework of the Marketing Plan.