Company: Apple Inc. Product Description: Apple HomeLife   Follow this Outline 1. New product overview (brief/paragraph) 2. Situation Analysis: Company SWOT analysis (not product) 3. Segmentation, Target Market Segmentation Analysis Primary Target Market Description 4. Marketing Objectives (Goals) Objectives Notes: Use “SMART” Goal setting technique. Address all 4 Ps One or two sentences per objective b. Positioning. Notes: Highlight a specific position to focus against your competitors especially the competitor you highlighted in External Environment. Include a positioning map. 5. Marketing Strategies Product/service 3 layers (list is acceptable for this section) Benefits available Promotion Use the entire promotion mix A phased approach to match the stage in the product life cycle is recommended Price Pricing chapter: Elasticity, Choose Price Strategy, Tactics for Fine Tuning the Base Price Place

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Company: Apple Inc.

Product Description: Apple HomeLife

 

Follow this Outline

1. New product overview (brief/paragraph)

2. Situation Analysis: Company SWOT analysis (not product)

3. Segmentation, Target Market

  1. Segmentation Analysis

  2. Primary Target Market Description

4. Marketing Objectives (Goals)

    1. Objectives

      Notes: Use “SMART” Goal setting technique. Address all 4 Ps
      One or two sentences per objective

b. Positioning.

Notes: Highlight a specific position to focus against your competitors especially the competitor you highlighted in External Environment. Include a positioning map.

5. Marketing Strategies

      1. Product/service 3 layers (list is acceptable for this section)

        Benefits available

      2. Promotion

        Use the entire promotion mix

        A phased approach to match the stage in the product life cycle is recommended

      3. Price

        Pricing chapter: Elasticity, Choose Price Strategy, Tactics for Fine Tuning the Base Price

      4. Place

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