LOVELY PROFESSIONAL UNIVERSITY Marketing Management – II (MKTM 511) Academic Assignment 1 Name of the faculty member: Dr. Ajay Bamba Class: MBA Section: Q2150 + Q2154 Date of Allotment: 11/12/2021 Max. Marks: 30 Module: 2 Batch: 2021-23 Date of Submission: 27/12/2021 Purpose: To make student aware and analyse the product mix, product life cycle stage, product pricing, product advertisement and product distribution strategies of the organizations / products / brands and evaluate their implications on marketers. Format: Organization / Product / Brand for above said analysis has been assigned by the course instructor. Students need to search for information related to the product mix, product life cycle stage, product pricing, product advertisement and product distribution strategies of the selected product / brand. Student is required to submit the analysis of the same in the form of a written report Students need to analyse the following aspects related to selected product / brand and evaluation criteria is also given. For the product identified by you, what kind of pricing strategy has been used by the company? What do you feel about the choice of this strategy for the respective product by the company? Support your answer. [6 Marks] Identify the current Product Life cycle stage for the identified product and give reasons why you feel that the product is in the respective stated stage. What are the different actions taken by the company related to the product depending upon the current stage in PLC? [6 Marks] Choose any one advertisement which is or has been used by the company to promote the respective product and perform the below mentioned analysis. What Big Idea is being used? Do you find it to be most appropriate? Which type of appeal is used in the advertisement? Do you find it to be most appropriate? Do you find the media selection to be correct for this type of product? [6 Marks] For the identified product, what kind of distribution strategy has been used by the company? What do you feel about the choice of this strategy for the respective product by the company? Support your answer. Type of Distribution Level of Distribution Do you find the channel selection to be correct for such type of product, consider the target market? [6 Marks] Draw the product Mix Chart of the allocated company and answer the question given below: What is the product Mix length of your allocated company? What is the product Mix width of your allocated company? [6 Marks] Course Instructor will assign product / brand to individual students. Instructions for students: Focus needs to be on the analysis and value addition along with its practical application with relevant examples. Any excuses for non-submission shall not be entertained. Assignment is to be submitted online. It is an individual assignment. Information needs to be arranged by the students. At the maximum of 20% plagiarism is allowed. Simply copying of the details from any source would result in awarding of zero. Details such as introduction of the product, its features, firms offering this product, market share, market size, potential market size, market growth rate, factors affecting the sales of the product etc. are also to be discussed and included in the report. S.No. Regn. No. Name Company 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Vaibhav Katore Motamarri Guneswara Gupta Ayan Mukherjee Manpreet Kaur Kalsi Kumar Bibhash Jha Nipun Bharati V Manoj Kumar Keshav Kumar Pandey Vivek Mishra Piyush Chauhan Pichikala Sai Pavan Gopika Krishna Rakshit Pandey Bushra Bashir Zahran Bin Javeed Kusum Kumar Kishlay Nayan Gaurav Anand Harshveer Singh Rance Angel Pillai Sikha Sathvik Manika Surial Aditya Kumar Singh MD SANI Garima Singh Rajput Anupam Anand Bajaj Finance Ltd. 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