Final Project - PowerPoint PPT Presentation

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Final Project

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Identify an attractive segment based on a set of unfulfilled needs. Develop a branding, promotion, and ... Choose a promotional mix provide a justification ... – PowerPoint PPT presentation

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Title: Final Project


1
Final Project
  • Come up with an idea for a new consumer good
  • Identify an attractive segment based on a set of
    unfulfilled needs
  • Develop a branding, promotion, and pricing
    strategy
  • Apply relevant concepts from class and book

2
Final Project
  • Branding
  • Brand name, logo if necessary, and relevant
    associations
  • Promotion
  • Choose a promotional mix provide a
    justification
  • Create a consistent message that will be used
    across your promotional mix
  • Explain why you chose the message based on the
    channel factors, product, and consumer factors
  • Pricing
  • Decide on a price and justify
  • Explain whether you have adopted a skim, neutral,
    or penetration pricing strategy

3
Final Project
  • To be completed in debate teams
  • Submit a report by April 8th
  • Maximum 15 pages, double-spaced, 12-point font
    Times or 11-point font Arial only, min. 1.25 inch
    margins
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