Breaking a Sweat Skill Set: Product Service Management TOPIC OR UNIT OF STUDY Product/Service Planning CONTENT STANDARD(S) AND OBJECTIVE(S) Students will determine the purpose of product planning. differentiate product mix, line, item, width, and depth. point out extended product features such as warranties and credit. research the functions of product packaging and labeling. differentiate the elements of branding. diagram the various stages of the product life cycle. research product legislation. INTRODUCTION You are working for a Sports and Entertainment Marketing company that has been asked to come up with a new piece of sports equipment and/or apparel for teens. Your supervisor wants you to develop your ideas using the steps for new product planning. You may want to create an entire product line or just one item. Create a prototype of your product if possible, or draw your design. If it is not a new concept, decide what will differentiate your product from others like it. Identify the product positions, brand name, and packaging, including any warnings that should be part of the package design. Develop a warranty for the product and note any other extended product features. Design a brand mark or trade character to attract attention. ESSENTIAL QUESTION What are the major product development steps? INTEGRATION OF ACADEMICS, TECHNOLOGY, ENTREPRENEURSHIP Entrepreneurship: students will be assuming the role of an Entertainment Marketing Company employee. Academics and Technology: Students will be using Microsoft off ice programs to prepare reports and a presentation. They will also be using the internet for research. STUDENT INVOLVEMENT IN PLANNING PROCESS Students will be given the scenario and guidelines for the reports and presentation. How they choose to do their research will be up to them. They may design their reports and presentations as they wish while following the guidelines. TASK(S) 1. Research traditional and current trends in sports, such as extreme sports, to identify an unfulfilled equipment or apparel need. 2. Conduct a small-scale marketing research study among your peers to test your concept. 3. Use your findings to make adjustments to your original plan. 4. Research the target market for this product, identifying characteristics and numbers in the population who may buy such an item. 5. Research any laws that may pertain to the use of you product, as well as labeling laws. 6. Research other similar products or product lines to determine how best to position your new product idea. 7. Research your competition to find out how you can differentiate your product. 8. Prepare a written report and a computer presentation for the client. Use the attached outlines and rubrics as guidelines. Only the computer presentation will be shown to the client. RESOURCES Flash drive Conduct research at library or on the internet. Word processing, spreadsheet and presentation software. Rubrics Trade publications TECHNOLOGY USE Students will be using computers for research, document preparation and presentations. EVALUATION Rubrics are provided for the evaluation of the written, oral, and computer presentations. TIMELINE Approximately 5 – 90 minute class periods will be allotted for research, preparation and presentations. CONCLUSION Discuss with students how federal and state laws affect design and promotion of new sports apparel or sporting good equipment. Written Report Outline Product Idea o Concept and design o Target market o Features and benefits o Brand name, brand mark, and/or trade character Market and business analysis o Sporting goods trends o Market demand (number of potential customers in target market) o Competition (market share enjoyed by each competitor) o Product’s potential profitability (selling price, estimated cost, estimated sales) o Product development program Packaging, labeling, and extended product features. o Package design o Pertinent labeling laws o Label design o Warranty Product position o Relation to competition o Differentiation o Positioning methods Distribution o Identified retail markets o Rationale for distribution method Oral Presentation Rubric: PowerPoint Presentation Teacher Name: Student Name: ________________________________________ CATEGORY Presentation Interest 1 Presentation does not keep the audiences interest. 3 Presentation is interesting at times. 5 Presentation is interesting and engages the audience throughout its entirety. Graphic illustrations that are relevant to each slide's topic Few pictures if any are used that are relevant to the presentation. Some pictures of interest are used. A wide variety of interesting pictures are used to enhance the presentation. Very little text All slides do not meet the 7 X 7 rule. Some slides do not meet the 7 X 7 rule. All slides meet the 7 X 7 rule. Presentation errors Presentation has 3 or more errors. Presentation has 1-2 errors. Presentation has no errors. Enthusiasm, voice quality & eye contact Student could not be heard and did not make good eye contact. Did not hold audience attention. Student showed enthusiasm and maintained eye contact. Voice level was acceptable. Student did an excellent job presenting. Held audience's attention. Knowledge of market and business analysis for the proposed product. Student does not show knowledge of market and business analysis for the proposed product. Student shows some knowledge of market and business analysis for the proposed product. Ability to meet customers needs Presentation did not meet the customer’s needs. Presentation somewhat met the customer’s needs. Student shows exceptional knowledge of market and business analysis for the proposed product. The presentation was well prepared and fully met the customer’s needs. Research Report: Product Planning Report Teacher Name: Student Name: ________________________________________ CATEGORY Organization 4 Information is very organized with well-constructed paragraphs and subheadings. 3 Information is organized with well-constructed paragraphs. 2 Information is organized, but paragraphs are not well-constructed. 1 The information appears to be disorganized. 8) Quality of Information Information clearly relates to the main topic. It includes several supporting details and/or examples. No grammatical, spelling or punctuation errors. Information clearly relates to the main topic. It provides 12 supporting details and/or examples. Almost no grammatical, spelling or punctuation errors Information clearly relates to the main topic. No details and/or examples are given. Information has little or nothing to do with the main topic. Diagrams & Illustrations Diagrams and illustrations are neat, accurate and add to the reader's understanding of the topic. Diagrams and illustrations are accurate and add to the reader's understanding of the topic. Followed Outline Student followed outline completely. Students followed outline 75% of the time. Diagrams and illustrations are neat and accurate and sometimes add to the reader's understanding of the topic. Student followed the outline 50% of the time. Mechanics A few grammatical Many grammatical, spelling or spelling, or punctuation errors. punctuation errors. Diagrams and illustrations are not accurate OR do not add to the reader's understanding of the topic. Outline was not used in preparing report.