MKT593 Week 2: Environmental Analysis Worksheet
Situational Analysis
MKT593 Week 2: Taking a thorough look at the environment before extensive investment in new product design and development is a crucial step. This worksheet provides a reasonably complete list of items to be considered.
Choose a product for an environmental analysis. (This may or may not be your Week One choice.)
Research an environmental analysis for your selected product.
Complete the attached worksheet (in lieu of a 1,050- to 1,400-word paper) in which you include a descriptive analysis of the following:
- The product
- Main features of the product
- Major benefits received by those using the product (How is it innovative?)
- Current branding strategies
- A description of pricing used at distribution levels and consumer levels
- Target market
- Demographic or psychographic profile
- Identification of the overall market size
- Distribution: the plan for distribution
- Competitors
- A definition of
- Competition
- Current market share
- Competitive marketing strategies
- Product attributes
- Promotion
- Pricing
- Services offered
- Distribution network
- Discussion of strengths, weaknesses, and competitive trends
- Financial analysis
- Overall industry sales and market shares by segment and geographical region
- Profitability analysis including projected revenues and expenses
- Other factors, including:
- Trends
- Events
- External conditions that may affect the product launch:
- Social
- Cultural
- Demographic
- Economic
- Technological
- Political
- Legal
- Regulatory
- Ethical factors considered
This assignment contains a Microsoft Word document.
Click HERE for more MKT593 weeks.
If you would like to order an original assignment, please contact info@prowriting.co or text (617) 299-6181. Kindly visit our original assignment website www.prowriting.co
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MKT593 Week 2: Environmental Analysis Worksheet
Situational Analysis
MKT593 Week 2: Taking a thorough look at the environment before extensive investment in new product design and development is a crucial step. This worksheet provides a reasonably complete list of items to be considered.
Choose a product for an environmental analysis. (This may or may not be your Week One choice.)
Research an environmental analysis for your selected product.
Complete the attached worksheet (in lieu of a 1,050- to 1,400-word paper) in which you include a descriptive analysis of the following:
- The product
- Main features of the product
- Major benefits received by those using the product (How is it innovative?)
- Current branding strategies
- A description of pricing used at distribution levels and consumer levels
- Target market
- Demographic or psychographic profile
- Identification of the overall market size
- Distribution: the plan for distribution
- Competitors
- A definition of
- Competition
- Current market share
- Competitive marketing strategies
- Product attributes
- Promotion
- Pricing
- Services offered
- Distribution network
- Discussion of strengths, weaknesses, and competitive trends
- Financial analysis
- Overall industry sales and market shares by segment and geographical region
- Profitability analysis including projected revenues and expenses
- Other factors, including:
- Trends
- Events
- External conditions that may affect the product launch:
- Social
- Cultural
- Demographic
- Economic
- Technological
- Political
- Legal
- Regulatory
- Ethical factors considered
This MKT593 Week 2 assignment contains a Microsoft Word document.
Click HERE for more MKT593 weeks.
If you would like to order an original assignment, please contact info@prowriting.co or text (617) 299-6181. Kindly visit our original assignment website www.prowriting.co