0 Steve Smith Activity 1: Selection of Appropriate Marketing Aims and Objectives to Suit Business Goals The owner of Movieworld, a local cinema wants to increase the number of young children visiting the cinema at the weekend (children aged 5 to 9 years old) and has hired you to develop a marketing campaign to support this aim. Based on Movieworld’s aim, you are required to produce a marketing aim with supporting objectives and strategies in the table provided below (like the example we have just look at on the PowerPoint presentation). Business Goal To increase the number of young children visiting the cinema at the weekend (children aged 5 to 9 years old) Marketing Aims (SMART) Supporting Objectives (SMART) Strategies to Achieve the Marketing Aim How will progress be monitored (KPI’s) Activity 2: SWOT Analysis Watch the following Two Teacher’s video on SWOT Analysis and complete the tasks below. Ensure you pause the video at 4:45 before attempting activity 6. Video link: SWOT Analysis 1. Create your own definition of the word ‘acronym’ below and provide as many examples as you can think of. 2. Explain and compare what each element of the acronym ‘SWOT’ means below. 3. Which two parts of the SWOT model analyse the business internally. Justify how and why it is important for businesses to apply these two parts to their own business. 4. Assess the importance of analysing the external environment. 5. Evaluate whether you believe the sugar tax is an opportunity or a threat for Coca Cola. 6. Whilst the video is paused, perform research to help you create a SWOT analysis for Amazon: Strengths Weaknesses Opportunities Threats 4 Activity 3: PESTLE Analysis Watch the following Two Teacher’s video on SWOT Analysis and complete the tasks below. Video link: PESTLE Analysis 1. Explain what the acronym ‘PESTLE’ stands for with supporting examples for each factor. Political- Taxation Economic-Unemployment Social-Consumer Trends Technological- Big Data Legal- Minimum Wage Environmental- Pollution 2. Explain with justification, one reason why politics may impact the future of Amazon. Politics may impact the future of amazon as government are trying to reduce poverty all over the world by increasing the amount jobs available to people. This will cause companies and Amazon to hire more competitors increasing the amount of profits they have to pay as wages and increase amount of competition Amazon may have. 3. List four economic factors that can influence a business’s strategy and explain one in detail with supporting examples. The economic factors that can influence a business’s strategy are interest rates, unemployment, inflation, and recession. If inflation occurs in the economy the price of Amazon's products will increase. This will cause Amazon to change their pricing strategy in order to survive in the market. 5 4. Assess the importance of Amazon keeping up to date with social changes with explanation of what might happen if they don’t. Amazon needs to be updated with social change as they can select the right type of promotion and advertisements can be shown to customers to attract them to Amazon and make the customers buy products. If Amazon doesn’t keep up with social changes, they will be unable to find the right they of advertisement to give to customers decrease the amount of customers that come to their website. 5. Identify, explain, and compare three separate legal factors. Following this, choose the one which you believe has the biggest impact on businesses such as Amazon and explain why. Three legal that affect Amazon are Employment Law, Minimum Wage, and Health and Safety. Employment Law refers to laws that protect employees of certain groups from discrimination against their employer. Minimum Wage laws prevent Amazon from underpaying its workers and making them work overtime without paying them for it. Health and Safety laws prevent Amazon from making their workers work in an unsafe environment and provide them with all the enmities they need to work. The factor that will have the biggest impact on Amazon is Employment Laws as Amazon is known for not treating their employees well and if employment laws get stricter Amazon will have to change tactics on how it treats its employees in order to get work done. 6. In your opinion which environmental factor will impact Amazon most and why? The environmental factor that will impact Amazon the most is pollution as Amazon does a lot of deliveries around the world through trucks and bikes all of which contribute towards pollution. Now that the public is trying to cut down on pollution Amazon will need to redesign its logistics system to reduce pollution which will take a lot of time and money to do. 6 7. Evaluate the two PESTLE factors that you believe will have the greatest impact on Amazon’s future success. The two PESTLE factors that will have the greatest effect on Amazon’s future success would be Social Factors and Technological Factors. Social Factors have the greatest effect on Amazon’s future as without recognizing and investing in the right target market Amazon will lose a lot of its customers and this will affect the future sales of Amazon. Technological Factors will affect Amazon’s future as integrating new technology into Amazon’s logistics will allow Amazon to reduce its costs and gain more profits from its sales. 8. Create a PESTLE analysis for a business of your choice PESTLE analysis of_______________________________________ Political Economic Social Technological Legal Environmental 7 Activity 4: Political Can you think of any examples of businesses which adapted their marketing strategy or campaign to incorporate any of the political factors discussed (Brexit, the Black Lives Matter movement, or Covid-19), either in support of, or just to take advantage of the attention surrounding the factor. List three examples below and explain the following: Business 1 How the business adapted to the political factor? Why you think they did this, what was their aim? How effective do you think this was and would you have done anything differently? Business 2 How the business adapted to the political factor? Why you think they did this, what was their aim? How effective do you think this was and would you have done anything differently? Business 3 How the business adapted to the political factor? Why you think they did this, what was their aim? How effective do you think this was and would you have done anything differently? 8 Activity 5: Economical Do you think the marketing activities of Sainsbury’s and Aldi would change during a recession in comparison to a boom? 1. In the space provided below, explain, and justify what you think each business would focus on during a recession in comparison to a boom. Sainsbury’s Marketing activities in a recession: Marketing activities in a boom: Aldi Marketing activities in a recession: Marketing activities in a boom: 2. Design a billboard advert for either Sainsbury’s or Aldi in a Boom or Recession. 9 Activity 6: Social Factors Investigate, explain, and compare the social factors associated with the target markets of Nike, Top Shop, and Apple in the table provided below. Social Factors of the Target Market Income distribution Lifestyle Population growth rate Age distribution Health consciousness Work status and career attitudes Nike Top Shop Apple Activity 7: Technological Factors Continuing from activity 6, you will now focus on the technological factors related to Nike, Top Shop, and Apple by completing the following tasks. 1. For each business, identify and analyse the technological threats which you believe will impact or influence the businesses now and in the future. Nike: Top Shop: Apple: 2. Explain the technological opportunities that currently face each business and how each business can take advantage of technology now and in the future to shape the way it operates and the types of products it offers. Nike: Top Shop: Apple: 3. Recommend which forms of technology the business should use when conducting a marketing campaign to effectively reach the target audience and influence their buying behaviour. Nike: Top Shop: Apple: Activity 8: Legal Factors Research and find 3 separate marketing campaigns or adverts that were banned and answer the following questions: 1. Explain each campaign including: the business, the intended audience, and a description of the marketing campaign or standalone advert. Campaign 1: Campaign 2: Campaign 3: 2. Explain why each marketing campaign or advert was banned? Campaign 1: Campaign 2: Campaign 3: 3. Can you see any links between the reasons for it being banned and specific laws or regulations? Campaign 1: Campaign 2: Campaign 3: 4. Do you agree that it should been banned? Justify your reasons either way. Campaign 1: Campaign 2: Campaign 3: 12 Activity 9: Environmental Factors Choose a business that you are loyal to and create a social media post which is focused on helping the environment on the template provided below. Once created, justify how this would benefit your chosen business, the environment, and influence the target market. This can either promote the environmentally friendly elements of the business itself or it can just be a partnership with a charity etc. to support their cause. How would this benefit your chosen business, the environment, and influence the target market? 13 Activity 10: Use of Research Data to Determine Target Market and Conduct Competitor Analysis Riaz is very passionate about electronics and technology. He is wanting to open an ‘electronics and technology retail store’ which sells the latest technological gadgets and products, whilst also providing services. He is willing to relocate and start the business anywhere in the UK but is unsure where and who the best target market will be to maximise the success of his business. He is also unsure of who the competitors are in this market. Your task is to conduct research via the Office for National Statistics (ONS), The Department of Business, Innovation, and Skills (BIS), The Chamber of Commerce, and any other relevant sources to find at least three key pieces of research data and information to help Riaz come to a decision. Ensure you complete the following: 1. Identify each piece of research and explain what this means for Riaz’s business start-up. Finding 1: Finding 2: Finding 3: 2. Clearly analyse who Riaz’s competitors will be with clarification of their strengths and weaknesses. 3. Come to a justified decision about Riaz’s target market and where he should locate his first store. 14 Activity 11 : Marketing Mix Watch the following Two Teacher’s video on the Marketing Mix 4Ps of Apple’s iPhone and complete the tasks below. Video link: Marketing Mix 4Ps 1. Explain each element of the Marketing Mix (4Ps) in your own words below with supporting examples for each element based on Apple’s iPhone. Product: This shows the different range of products that a company can sell. Products need to have a balance of form and function along with a low price for the product to be successful. A product consists of packaging. Examples of Apple products are the iPhone, iPad, Mac, MacBook Price: This is the different ways a company can price its product. The different pricing strategies that a company can use are penetration pricing, skimming pricing, competitor-based pricing, and cost-plus pricing. Place: It is the location where potential customers can buy products. Places should be associable for the target market in order to gain more customers. The place can be either a physical place or a online store. Promotion: Promotion is used to inform customers about the product that as either come out or is about to come out soon. This element of the marketing mix attractions customers to the product by creating mystery or buzz. 2. Choose a business and analyse their marketing mix in the table below. Product: A vast selection of shoes, apparel, and equipment. Most of their products are very premium in nature and they offer a wide range of products for every sports enthusiast Price: It uses a premium and value-based pricing strategy. This means that they see how much customers are willing to buy a product before setting its price. They also higher quality products in order to attract customers. Place: They have a lot of physical stores and place them in places that are easy to find for customers. They also have online stores in order to keep up with changing times. Promotion: The main ways of promotion are sponsorships and advertisements. Its ads mainly involve high-profile athletes and prominent celebrities from different countries. It also does direct marketing. 15 3. Which ‘P’ do you believe is the most important element of the Marketing Mix for your selected business based on your findings from question 2. Ensure you justify your answer. 4. If you worked in the Marketing Department of your chosen business, what would you do differently to increase future sales and profitability and why? Ensure you critique each element of the business’ Marketing Mix and justify any recommendations you make. 16 Activity 12: Product Development Choose 2 different businesses which aim to sell additional products and services to the customer alongside the main product to enhance their experience and meet their wants and needs (similar to the laptop example) and complete the tasks below. 1. Identify what the main product is for both businesses Business 1: Business 2: 2. Compare what and how each business offers additional products and services with justification of how this helps the business to meet the wants and needs of the customer. Business 1: Business 2: 3. Evaluate which business you think has a better ‘Product’ offering and why, making any recommendations for either to improve. Activity 13: Form and Function Can you think of 3 products that are available to buy today that are designed on form or function? Conduct some research to find the following: 1. The first should be designed purely on form. 2. The second should be designed purely on function. 3. The third should be designed on a blend of both form and function. Once you have identified products for each of the above, you are required to critique them and justify whether either of them needs to be re-designed to factor in more form or function and why. 1. Product designed purely on form. 2. Product designed purely on function. 3. Product designed on a blend of both form and function. Activity 14: Packaging Choose 3 products and analyse its packaging, considering the factors below: • Is it well designed and functional? • Is it relevant to the product and attractive to the target audience? • Is it informative, what does it tell the customer? Product 1 Product 2 Product 3 Activity 15: Branding Look at the logos below and complete the tasks. 1. Do you see any issues and if so why and what impact could this have on the businesses? 2. Choose one of the businesses and redesign their logo with supporting justification as to how it will help differentiate the business from its competitors and what benefits that will bring the business. Activity 16: Branding Research the following three examples below and explain what the issues were and how it impacted the businesses? Mazda Laputa: Coors Light ‘turn it loose’: Honda Fitta: Any other examples: 21 Activity 17: Pricing Strategies Watch the following Two Teacher’s video on Pricing Strategies and complete the tasks below. Video link: Pricing Strategies 1. While watching the video, complete the table below to explain each factor alongside an overview of the benefits and drawbacks with a supporting example of products or businesses that use the specific pricing strategy. Pricing Strategy Penetration Pricing Economy Pricing Price Skimming Description Advantages Disadvantages Examples Psychological Pricing Premium Pricing Competitor Pricing Cost Plus Pricing 23 2. Which pricing strategy is your favourite and why? Ensure you justify your choice, providing clear reasons. 3. Which pricing strategy do you believe is the least effective and why? Ensure you justify your choice, providing clear reasons. 4. Ben is studying Business Studies at college and has just started a new business producing homemade hand-poured candles to support him financially until he completes his course, with the potential for this business grow and become a full time business within the next three years. However, he has no idea which pricing strategy to use and has asked for your advice on following areas: Which pricing strategy he should start with initially and why? As his product range increases and the business grows, should he consider changing his pricing strategy or not? Justify your point either way with supporting examples. Activity 18a: Complete the Penetration Pricing Graphic You will find a series of part completed graphics below based on the pricing strategies you are studying. Your task is to complete each graphic by filling in the five empty boxes with the most important information about the specific pricing strategy, so the graphic could be displayed to business students in the future to help them learn more about the each one. Activity 18a: Penetration Pricing 25 Activity 18b: Complete the Price Skimming Graphic You will find a series of part completed graphics below based on the pricing strategies you are studying. Your task is to complete each graphic by filling in the five empty boxes with the most important information about the specific pricing strategy, so the graphic could be displayed to business students in the future to help them learn more about the each one. Activity 18b: Price Skimming 26 Activity 18c: Complete the Competitor Based Pricing Graphic You will find a series of part completed graphics below based on the pricing strategies you are studying. Your task is to complete each graphic by filling in the five empty boxes with the most important information about the specific pricing strategy, so the graphic could be displayed to business students in the future to help them learn more about the each one. Activity 18c: Competitor Based Pricing 27 Activity 18d: Complete the Cost Plus Pricing Graphic You will find a series of part completed graphics below based on the pricing strategies you are studying. Your task is to complete each graphic by filling in the five empty boxes with the most important information about the specific pricing strategy, so the graphic could be displayed to business students in the future to help them learn more about the each one. Activity 18d: Cost Plus Pricing 28 Activity 19: Public Relations (PR) Conduct some research to find two separate examples of PR by different businesses. You should find one that went well and one that backfired. For each example you should: 1. Explain the purpose of the PR activity and what the business was aiming to achieve. PR example 1: PR example 2: 2. Critique how effective it was. PR example 1: PR example 2: 3. Recommend what you believe they could have done differently with supporting reasons. PR example 1: PR example 2: 29 Activity 20: Sponsorship Have a watch of one of the TV adverts promoting Coca-Cola's sponsorship of the Olympic games on the link provided and answer the following questions. Video link: Coca Cola Olympic Games TV Advert 1. What is your opinion about the partnership? 2. Could it be deemed unethical? Justify your answers either way. 3. Why would the Olympic games want to be sponsored by Coca-Cola? 30 4. Coca-Cola are already so big globally; do they need to sponsor the Olympics? Justify your answers either way. 5. Do you think the advert was effective and what would you have changed or done completely different if you were the campaign manager to take advantage of this major partnership? Ensure you justify your recommendations. 31 Activity 21: Use of Social and Other Media Research 3 different social media platforms and complete the following tasks. 1. What is the average reach per organic post? Social media 1: Social media 2: Social media 3: 2. How much does it cost to promote or boost a post and what is the potential reach when promoted? Social media 1: Social media 2: Social media 3: 3. How easy it is to target a specific audience with a post or marketing campaign? Social media 1: Social media 2: Social media 3: 4. Choose a business and justify which platform you believe would be the best for social media marketing. 32 Activity 22: Guerrilla Marketing Compare the three examples of guerrilla marketing below and complete the following tasks. 1. Provide your opinion on each, what are the businesses trying to achieve within each of the examples of guerrilla marketing? McDonalds coffee cup: Windex window cleaner: McDonald’s crossing: 2. Justify which one you think is the best example and why. 33 3. Create a guerrilla marketing campaign for a business of your choice, ensure you explain the aim of your campaign and how these will be achieved. Create your guerrilla marketing campaign design in the space provided below. Explain the aim of your guerrilla marketing campaign and how you think these will be achieved through your design. 34 Activity 23: Product Placement There are hundreds, if not thousands of product placement examples to choose from, your task is to: 1. Research and explain five separate examples of product placement. Example 1: Example 2: Example 3: Example 4: Example 5: 2. Choose three of these examples and analyse the benefits of each product placement to each stakeholder involved i.e. the brand, TV show, and target market. Example 1: Example 2: Example 3: 35 3. Think critically, can you foresee any potential drawbacks for any stakeholder involved in any of the product placements you identified in task 1? 4. Choose a brand and generate a product placement campaign idea, ensure you: Explain how the product placement will work: Compare the benefits it will potentially provide bring each stakeholder involved: Justify how could this campaign be expanded in the future to bring further benefits to either stakeholder involved: 36 Activity 24: Corporate Image One of the easiest ways to understand your own opinion or perception of a brand and its associated corporate image is to imagine the business being a person and consider what it would look like and how it would act. 1. There are 3 business listed below, you are required to compare each one to try and build a clear image of what each business would look like and how it would act if it was a person. Where possible consider factors such as: • How ethical the business is and what actions it takes to support ethical issues? • How important customers are to the business i.e. How quickly does it respond to and resolve customer complaints or enquiries etc.? • What are the business’ values, and do they abide by these? • How does the business treat its employees, are they valued or just a number? • How innovative is the business, is it leading the industry forward or just existing? Sports Direct: Lush: 37 Apple: 2. Justify which business you believe has the best corporate image and why. 38 Activity 25: Place, Distribution Channels Watch the video about Disney’s strategy to increase and focus on direct to end user distribution and complete the following tasks. Video link: Disney Prioritises Direct to End User 1. Create a poster or infographic in the space below which highlights how Disney utilises each type of distribution channel (direct to end users, retailers, and wholesalers) with examples of each method. Ensure you include the benefits and drawbacks of each one. 2. Do you agree with Bob Chapek (Disney’s CEO) about Disney’s new distribution channel strategy? Ensure you justify your answer either way. 39 Activity 26: Extended Marketing Mix 7Ps Activity Watch the following Two Teacher’s video on the Marketing Mix 4Ps of Apple’s iPhone and complete the tasks below. Video link: Extended Marketing Mix 7Ps 1. Create your own description of the final 3Ps of the Extended Marketing Mix and provide examples of each based on Apple. Physical: Process: People: 2. Analyse the full Extended Marketing Mix of both Apple and Poundland, what are the key differences between the two retailers? 40 3. Critique the Extended Marketing Mix model (additional 3Ps only) and justify which element is the most important in your opinion and clearly justify why. 4. Apply the full Extended Marketing Mix 7Ps to McDonalds. Product: Price: Place: Promotion: Physical: Process: 41 People: Activity 27: Content of the Marketing Message Watch the 3 videos listed below which feature marketing campaigns from 3 different businesses and complete the following tasks. Video link 1: Always 'Like a Girl' Video link 2: Share a Coke Video link 3: SportsDirect.com 1. What message do you think each marketing campaign is trying to communicate and why? Always: Share a Coke: SportsDirect.com: 2. Which marketing campaign do you believe communicates the marketing message most effectively and why? 42 3. Conduct research and find a marketing campaign which could come across as confusing and fails to communicate the market message clearly. Once you have found one, you should: • Critique and explain why the campaign failed. • Make a recommendation of what the business could have done differently to effectively communicate the marketing message. . 43 Activity 28: Selection of Appropriate Media Complete the following three tasks based on the products listed below. The 3 products are: A laptop aimed at university students. A mobility scooter aimed at retired people aged 65 and above. A children’s cereal aimed at 3 to 8-year olds. 1. Choose 3 appropriate media sources to support the marketing campaign for each product. Laptop: Mobility scooter: Children’s cereal: 2. Justify why these chosen media sources are appropriate for the target market to maximise the marketing campaign’s reach, engagement, and influence. 44 3. Now that you have analysed and justified the appropriateness of each media source, you are now required to rank your selected media source in order in relation to which one you believe would be the most appropriate for each business and explain why. Laptop Rank 1: Rank 2: Rank 3: Mobility Scooter Rank 1: Rank 2: Rank 3: Children’s Cereal Rank 1: Rank 2: Rank 3: 45 Activity 29: Allocation of the Campaign Budget Conduct research and find as much information as you can about the costs of at least 3 forms of marketing from the list of choices available below (you will need this information for you exam notes in Part A, so ensure you reference the sources of information). • • • • Social media platforms such as: Facebook, Instagram, YouTube, Pinterest, Snapchat, and Tik Tok. Google AdWords. Advertisements through TV and radio. Printed advertisements such a newspapers, magazines, leaflets, and billboards (local vs nationwide). It is important to obtain and compare information about costs dependent on their usage and timescale i.e. sponsoring a social media post for 1-day vs 1-week or printing and distributing 100 leaflets vs 10,000. 46 Activity 30: How far the Marketing Activity Reinforces and Supports Brand Value Watch the Nike advert on the link provided and complete the following tasks below. Video link: Nike Colin Kaepern ick Ad 1. What do you believe the advert is all about and what emotions do feel whilst watching it? 47 2. Research Colin Kaepernick and Nike then explain what happened to make this controversial and justify whether you think Nike did the right thing by supporting him during such a divisive and political issue. 3. Do you believe the advert supports Nike’s brand values and mission to bring inspiration and innovation to every athlete in the world? Justify your answer either way. Activity 31: Flexibility of the Campaign to Enable Response to Both Internal and External Changes A good example of a business having to be flexible due to internal and external changes is PureGym. Have a watch of the two adverts on the links provided which were part of marketing campaigns either side of the coronavirus pandemic starting and complete the following tasks. Video link: PureGym ad 3rd January 2020 Video link: PureGym ad 19th June 2020 PureGym advert 3rd January 2020 48 What is the focus of the marketing campaign? How does it attempt to influence the target market? Why did they have to change this when the coronavirus pandemic happened? PureGym advert 19th June 2020 What is the focus of the marketing campaign? How does it attempt to influence the target market? Do you think this is an effective advert to reflect the external and internal changes, or would you have done something different? Justify your answer and any recommendations. Activity 32: Learning Aim C Word Scramble Below are 10 key words from Learning Aim C which have been scrambled. See if you can figure out the key words below. 1. RMSAT _____________________________________________ 2. THTESRA ___________________________________________ 3. SCLIAO ____________________________________________ 49 4. GEKANIMTR IMX _____________________________________ 5. RTAEETNIONP _______________________________________ 6. CBIUPL RTNIOAESL __________________________________ 7. TAIDLGI ANIKGTREM _________________________________ 8. RITCED OT NED URES ________________________________ 9. ELOPEP ____________________________________________ 10. OTRCDUP CELEAMNPT _________________________________ Activity 33: Learning Aim C Crossword Below are 10 questions focused on key terminology from Learning Aim C. See if you can use your knowledge to figure out the answers and complete the crossword below. 1 2 50 3 4 5 6 7 8 9 10 Across 5. The 'T' in SWOT Analysis stands for? 6. When creating marketing aims and objectives, you should use the _____ method. 7. This element of the extended marketing mix represents the business and communicate its values; they are central to the experience customers receive and ultimately influence how satisfied they are after interacting with the business. 8. This forms the foundations of how a business communicates with its stakeholders such as: customers, journalists, partners, and even competitors. 10. This marketing model contains 4Ps. Down 1. This type of promotional advertising is commonly used in films, TV shows and more recently YouTube. 2. This is essentially any form of marketing which exists online or via an electronical device. 3. This distribution channel is when a business manufactures, sells, and distributes the product directly to the customer. 4. If a business uses this pricing strategy, they launch a product with a lower price initially to increase sales. 9. This PESTLE factor focuses on the core demographics, cultural norms, attitudes, and expectations of the society the business operates within. Activity 34: Learning Aim C Word Search Below is a wordsearch which contains 10 key pieces of terminology from Learning Aim C. See if you find all 10 listed below. V Z F X D Z W N F O B M I G G D W P I H P I D F D V Z U H Z M E I W R W Z S R K P D D T D L W R A G P 51 O D U C T P L A C E M E N T T M Z I G I W Z A I Q J Z P L K H E P X R F L E C O R R B M Y R Y W U E F J W J H D Digital Marketing on People E C T T O E N D U S E R P T M A R K E T I N G M I X E L K H V B Z P Z T Z W Q C N X Q T A T H R E A T S S B E R I E Z B Y Z Q A P L O C T P O H J S M A R T E A C I R C T B P A V U X X O E I U A M Direct to end user Product Placement Social Q E T L A Y E W P W A O T D V H L C M C Q H L K L P I A P B X C F M I A E A Z K O F D M H W E N Y T R U F N N P Marketing Mix Public Relations I T A L M A R K E T I N G Z U B L I C R E L A T I O N S Penetrati SMART Threats Activity 35: Learning Aim C Kahoot Quiz Attempt the Kahoot quiz to test your knowledge of Learning Outcome C of Unit 2: Developing a Marketing Campaign. Once you have completed the quiz, answer the questions below to assess your strengths and areas for development. Kahoot Quiz Link 52 1. What did you score on the Kahoot quiz? 2. What areas of Learning Outcome C can you identify as your strengths after playing the quiz? 3. What areas of Learning Outcome C can you identify as your development areas after playing the quiz? 4. How do you plan to develop the areas you have identified to increase your knowledge and understanding of these topics? Activity 36: Developing a Marketing Campaign Learning Outcome C Specification Checklist Well done, you have now completed the input and set activities for Learning Outcome C, you have one final task which is to complete the specification checklist below. First, you should explain the terminology and topic areas in the space provided and then tick the box in the last column when you feel exam ready with regards to that specific element of the specification. 53 Developing a Marketing Campaign Specification Checklist Topic Your explanation of the terminology C Planning and developing a marketing campaign C1 Marketing campaign activity Selection of appropriate marketing aims and objectives to suit business goals. Situational analysis: SWOT (Strengths, Weaknesses, Opportunities, Threats) PESTLE (Political, Economical, Social, Technological, Legal, Environmental). Use of research data to determine target market. Use of research data to conduct competitor analysis C2 Marketing mix Product development: form and function packaging branding Pricing strategies: penetration skimming competitor based cost plus •Promotional: advertising public relations (PR) Sponsorship use of social and other media guerrilla marketing personal selling product placement digital marketing corporate image 54 Exam Ready? Place, distribution channels: direct to end users (mail/online/auction) retailers wholesalers Extended marketing mix: people physical environment process C3 The marketing campaign Content of the marketing message. Selection of an appropriate marketing mix. Selection of appropriate media. Allocation of the campaign budget. Timelines for the campaign, including monitoring. How the campaign is to be evaluated. C4 Appropriateness of marketing campaign How far the marketing activity reinforces and supports brand value. • The sustainability of marketing activities. • Flexibility of the campaign to enable response to both internal and external changes. • Relevance to organisational goals. • Appropriateness to target market. • Legal and ethical considerations 55