Group Assignment Taylor’s University Undergraduate Business Programmes BUS2334 Direct Marketing March Semester 2014 Assignment 2— Group Assignment – (Report 25%; Group Presentation 10%) Company profile The MedKlinn Group of Companies is focused on researching and developing eco-friendly technologies to drive air sterilizing and ozone water applications. Founded in 2005 to focus on the consumer market, the company has since expanded its range of products into various industries and its distribution to regional countries. MedKlinn products are driven by Cerafusion™ Technology, a unique and leading edge patented technology. MedKlinn owns the patent to this technology and continues to invest significant amount of resources to enhance and explore a wide range of compelling applications. Objective Each of the new direct marketing programme will be allocated with a budget of MYR 60, 000 for 12 months on production, media, advertisement and marketing materials. Each group is expected to design 1 or 2 complete concept of creative/innovative direct marketing programme that fulfil the following missions: a. b. c. To increase the direct sales activities of the Consumer Series of Air Sterilizers. To improve current programmes by focusing on greater ROI. To build a prospect database for MedKlinn from non-existing customers. The content of your report should include the following: 1. 2. 3. 4. 5. Executive summary Marketing objectives and strategy Communication plan Database strategies Budgeting 1. Executive summary (5%) Brief statement of the problem or proposal covered in the major document(s), background information, concise analysis and main conclusions. 2. Marketing Objectives and Strategy (15%) Identification of current problem background of Medklinn Justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated 3. Execution Plan (30%) Detailed action plans for your target audience Media selection & format Fulfillment & response management 2 4. Database Strategies (25%) What will be the content of your database? How will you gather this information? How will you ensure that you are meeting all data protection requirements? How will the database be used to build a picture of the prospects? 5. Budgeting (15%) Details of budget that covering all elements of the communications plan Estimation of response rates and forecasted results Identification of cost per lead and cost per order Identification of return on investment (ROI) 6. Format of your report (10%) The document should be bound either in a ring binder or spiral bound so it looks professional. The length of the content will be in 5 pages, not inclusive of relevant appendices and references. Proper referencing (Harvard), clarity, concise and error free report writing is expected. Current Direct Marketing Programmes of Medklinn (Consumer Products) 1. Customer loyalty programmes for existing customers: a. Birthday programme: Special promotion will be given to existing/potential customers during their birthday period, all the information is extracted from Medklinn’s database. The company reach the prospects by using postal mail, email and SMS. b. Referral programme: Cash money (5% from the retail selling price in cash cheque) will be rewarded to those customers that are willing to recommend someone to purchase Medklinn products. Existing customers will receive a voucher with a personalised voucher code - so that they could pass the voucher to friends and family to purchase online. Once Medklinn receive order from their friends and family, cash cheque will be issued to the referrer. c. Direct mailer programme: Direct mailers/Electronic direct mailers will be sent to existing customers to invite them to our exhibitions or road shows. These direct mailers will feature special promotion, only valid at the exhibitions/road shows. 2. Bank redemption programmes: Consider as a passive direct marketing programme, which mean bank customers (e.g. Citi Bank) will opt to exchange their accumulated credit card point with Medklinn product. 3 3. Corporate Programmes: The marketing representative of Medklinn will conduct a 15 minutes presentation to any corporation that is willing to allow their staff to benefit from a special discount (up to 20%; subject to the negotiation) on Medklinn product. The minimum order quality is 5 units per offer. 4. Joint promotion with banks through channels such as mail orders and online orders (Medklinn rent list from banks, e.g. Am Bank, MBF, Public Bank, Hong Leong Bank). The target market is credit card holders with Silver level and above. A direct order form (with product information) will be attached with bank statement to reach the prospect. In this case, Medklinn does not own the list of database. 5. Weekend Road show at high traffic malls: Different kind of shopping mall road show will be conducted at the area of Klang Valley. However, the respondents tend to walk very fast and the chances of getting the right prospect are not that optimistic. Example of activities to draw the crowd: a. Survey b. Lucky draw c. Contest d. Freebies + goodie bags 6. Participation in exhibitions/road shows: HOMEDEC, Home related fairs, and baby fairs. 7. E-Commerce: a. Short period: Groupon.com b. Long period: i. Lelong (http://www.lelong.com.my) ii. Public Bank e-Mall (http://www.pbbemall.com), iii. XtremeDeals (http://www.xtremedeals.com.my) Important remark: Medklinn does not wish to continue Facebook fan page marketing; the main reason is hard to control the response/participation from the online community. Current percentage of Cost per order: Current response rate : 3 to 5% Expected response rate : Minimum 5% for each direct marketing programme 4 Assignment Submission Students are required to submit the Assignment in hard copy to the module lecturer and electronically to TiMeS to generate similarity report via Turnitin. Deadlines must be strictly adhered to. Please refer to Taylor’s University Student Handbook/ Dual Award Program Guide for more details on late submission. All assignments must use the Assignment cover sheet and assignment feedback form as the first two pages of the assignment (available from subject website). No extensions will be granted for assignment submissions. If the assignment is submitted late due to circumstances beyond your control, you are required to complete an Application for Late Submission of Assessed Work Form (available from the Divisional Office). Work submitted up to 24 hours after the published deadline will be penalized as follows: Level 1-3 Taylor’s modules: a mark of more than 50% for the assessed piece of work will be reduced to 50%. The reduced mark for the assessed piece of work will be used in the calculation of the overall module mark; a mark of 50% or less will stand and be used in the calculation of the overall module mark. In the event that extenuating circumstances are submitted and approved for a piece of work that is handed in within the late work period (the 24 hour ‘window’) this will have an effect on whether the penalty will stand or not. (Academic Regulatory framework: section C6.3. 6.4 & 6.5. What are extenuating circumstance? Please refer to regulation E1.1 to 1.7) Work will not be accepted after the 24 hour window and will be recorded as a nonsubmission (Academic Regulatory framework: section C6.6) Resubmission Students WILL NOT be able to re-submit assignments. Word Limits Students have to state word count at the end of the assignment. The reference list is not included in the word count; however, quotations, case citations, footnotes etc. are. Please use Times New Roman single line spacing and a font size of 12. Return of Assignments Marked assignments will not be returned to you. Instead a feedback form will be given back to you no less than three (3) weeks from the date of submission. 5 ACADEMIC INTEGRITY Academic Integrity is a term used at universities to describe honest behaviour as it relates to all academic work (for example papers written by staff, student assignments, conduct in exams, etc). One of the main principles is respecting other people’s ideas and not claiming them as your own. Anyone found to have used another person’s ideas without proper acknowledgement is guilty of Academic Misconduct and the University consider this to be a serious matter. Academic misconduct includes plagiarism which is regarded as a serious issue by the University with severe consequences for students who have been found to have plagiarised. Plagiarism includes the following: direct copying of the work or data of other persons, from one or more sources, without clearly indicating the origin. This includes both paper-based and electronic sources of material from websites, books, articles, unpublished work such as theses, working papers, seminar and conference papers, internal reports, lecture notes or tapes, and visual materials such as photographs, drawings and designs using very close paraphrasing of sentences or whole clauses without due acknowledgement in the form of reference to the original work submitting another student's work in whole or in part, where such assistance is not expressly permitted in the Course information use of another person's ideas, work or research data without acknowledgement submitting work that has been written by someone else on the student's behalf copying computer files, algorithms or computer code without clearly indicating their origin submitting work that has been derived, in whole or in part, from another student's work by a process of mechanical transformation (e.g. changing variable names in computer programs) 6 Assessment Offences Definition: passing off the work of others as one’s own including copying (reproducing or imitating), cheating, collusion (agreement to deceive, using words or ideas of colleagues or other students and passing them off as your own), plagiarism and other breaches of assessment or other examination regulations. Cheating, collusion and plagiarism are the use of unfair means of presenting work for assessment or of aiding another student to do so. Also preventing or attempting to prevent another student from being able to be assessed properly. (Academic Regulatory framework: section G1.1) Allegations of and investigations into assessment offences will be dealt with in accordance with the regulations and procedures in force at the institution where the module was taken. (Academic Regulatory framework: section G1.2) Subject to any specific requirements of external validating or professional bodies, where a student is found to have committed an assessment offence a decision must be taken either to take no further action or to impose an appropriate penalty which may include failing the student and determining whether or not the student will be permitted another assessment attempt. (Academic Regulatory framework: section G1.3) Where it is decided that further action should be taken under G1.2 and G1.3 above, one of the following penalties may be imposed or recommended to the Module Board: a. to reduce the mark for the relevant piece of assessment; or b. to reduce the mark awarded for the relevant piece of assessment to zero; or c. that the student be deemed to have failed the module and to determine whether d. to permit any further attempts in accordance with D2.3 of these regulations. (Academic Regulatory framework: Section G1.4) It is vital that students acquaint themselves with the University’s policy on plagiarism (refer to TU-UWE Programme Guide 2011). Please also refer to Policy of Submission of Written Assignment for more details (URL:http://portals.taylors.edu.my) Please refer to Taylor’s University Student Handbook/ Dual Award Program Guide for details on Academic Integrity and Assessment Grades. 7 REFERENCING Students are advised that the Harvard referencing styles should be consistently adopted for all pieces of assessment. Remember If information contained in the assignment is not your own words or ideas you must acknowledge the source within the text of the paper as well as in the reference list. If you use another person’s words (i.e. you quote) you must indicate that this is a direct quote (usually by quotation marks) and reference the source (including the page number) within the text of the paper. Including the source in the reference list or bibliography is not sufficient. Changing, deleting, adding only a few words, or rearranging the sentence/paragraph does not negate that fact that you are quoting. If paraphrasing you still need to include an in-text reference (which includes the page number), and take care that the paraphrasing is not ‘too close’ to the original; i.e. that it is in fact a quote. The fact that the source of the material is from a text book, an Internet site, and/or the specific author cannot be identified does not negate the need to acknowledge the source of the ideas or words, or to reference correctly. Citing Cases - When first mention a case you should give the full citation within the text in the form illustrated by the following examples: "FCT v Clarke (1927) 40 CLR 246"; "Coles Myer Finance Ltd v FCT 93 ATC 4214". All case names (Names of the parties) are to be put in italics or – in handwritten exams - under-lined. If you use the case another time you can refer to the case by using the name: e.g. "in FCT v Clarke" or "in Clarke's case". Where a reference is made to a particular page of a case (say, page 249 of the Clarke case) that page should be cited: "FCT v Clarke (1927) 40 CLR 246 at 249". If you use cases from the textbook or sources other than the original case you need to acknowledge this accordingly: e.g. "ANZ Banking Group Ltd v Richardson [1980] Qd R 321 as cited in Graw (p. 158)". Citing statutes – If you are referring to a section, you may state the section with a small/capital s (s 27 Contracts Act 1950). 8 List of students (State full name & tutorial group in block capital) 1. ………………………………………. ………………………….. 2. …………………………………………………………………… 3. …………………………………………………………………… 4. …………………………………………………………………… 5. …………………………………………………………………… 6. …………………………………………………………………… Dual Award Programme - Group Assignment Cover Sheet Fold corner of EACH copy separately and seal to obscure your name Please complete the form (in capital letters) and attach it securely to the front of your assignment before submitting your assignment. Student ID: ………………………………………………. Student ID: ………………………………………………. Student ID: ………………………………………………. Student ID: ………………………………………………. Name of tutor: …………………………………………… Name of module: Direct Marketing Module code: B U S 2 3 3 4 Assignment title: Proposed Direct Marketing Programme for Medklinn ………………………………………………………………………………………………………………….. We have read and understood the TU Dual Award Regulations on cheating, plagiarism and collusion. We declare that this piece of work is our own and does not contain any unacknowledged work from any other sources. We authorise the University to test any work submitted by us, using text comparison software, for instances of plagiarism. We understand this will involve the University or its contractor copying our work and storing it on a database to be used in future to test work submitted by others. Note: The attachment of this statement on any electronically submitted assignments will be deemed to have the same authority as a signed statement. Signed: Signed: Signed: Signed: Date: 9 Direct Marketing (BUS2334) The purpose of the feedback is to help you assess your ability to apply the knowledge and concepts taught in the module in sufficient depth, as well as your progress toward meeting the module objectives. Group Members: 1. _________________ 2. _________________ 3. _________________ 4. _________________ Criteria Needs considerable improvement F (0-39%) Student ID _______________ Student ID _______________ Student ID _______________ Student ID _______________ Barely reasonable (40% - 49%) Average (50% - 59%) Provide adequate Good (60% - 74%) Executive Summary (5%) Fails to provide clear brief statement of the problem, background information, concise analysis and main conclusions. Provide very little brief statement of the problem, background information, concise analysis and main conclusions. brief statement of the problem, background information, concise analysis and main conclusions. Marketing Objectives and Strategy (15%) Very poor and limited discussion current problem background of Medklinn Very poor justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated t evident or very poor in identifying the target market Poor discussion current problem background of Medklinn Poor justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated t evident or very poor in identifying the target market Adequate discussion current problem background of Medklinn Adequate justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated t evident or very poor in identifying the target market Good discussion current problem background of Medklinn Good justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated t evident or very poor in identifying the target market Execution Plan (30%) Very poor action plans for targeted audience Very poor description of media selection & format Very poor discussion of fulfillment & response management Poor action plans for targeted audience Poor description of media selection & format Poor discussion of fulfillment & response management Adequate action plans for targeted audience Adequate description of media selection & format Adequate discussion of fulfillment & response management Good action plans for targeted audience Good description of media selection & format Good discussion of fulfillment & response management Excellent action plans for targeted audience Excellent description of media selection & format Excellent discussion of fulfillment & response management Database Strategies (25%) No or very poor database content No or very poor write up and discussion on methodology of gathering the required information. No or very poor write up on data protection requirements No or very poor discussion on approaching customer by using the database Poor database content Poor write up and discussion on methodology of gathering the required information Poor write up on data protection Poor discussion on approaching customer by using the database Adequate and relevant database content Adequate write up and discussion on methodology of gathering the required information Adequate write up on data protection Adequate discussion on approaching customer by using the database Good and relevant database content Good write up and discussion on methodology of gathering the required information Good write up on data protection Good discussion on approaching customer by using the database Extremely relevant and comprehensive database content Excellent write up and discussion on methodology of gathering the required information. Excellent write up on data protection Excellent discussion on approaching customer by using the database 10 Provide clear brief Excellent (75% - 100%) Provide clear and statement of the problem, background information, concise analysis and main conclusions. comprehensive brief statement of the problem, background information, concise analysis and main conclusions. Excellent discussion current problem background of Medklinn Excellent justification of proposed direct marketing programme, which includes the overall concept, target market, and how it responses to the problem background as stated t evident or very poor in identifying the target market Marks Criteria Needs considerable improvement F (0-39%) Barely reasonable (40% - 49%) Average (50% - 59%) Good (60% - 74%) Excellent (75% - 100%) Budgeting (15%) Very poor details of budget that covering all elements of the communications plan Very poor estimation of response rates and forecasted results Very poor identification of cost per lead and cost per order Very poor identification of return on investment (ROI) Poor details of budget that covering all elements of the communications plan Poor estimation of response rates and forecasted results Poor identification of cost per lead and cost per order Poor identification of return on investment (ROI) Adequate details of budget that covering all elements of the communications plan Adequate estimation of response rates and forecasted results Adequate identification of cost per lead and cost per order Adequate identification of return on investment (ROI) Good details of budget that covering all elements of the communications plan Good estimation of response rates and forecasted results Good identification of cost per lead and cost per order Good identification of return on investment (ROI) Excellent details of budget that covering all elements of the communications plan Excellent estimation of response rates and forecasted results Excellent identification of cost per lead and cost per order Excellent identification of return on investment (ROI) Format of your report (10%) Essay has numerous typographical or grammar / expression errors. Understandable to an extent. Referencing is not correct in many cases. Essay has a number of typographical or grammar / expression errors. Moderately easy to understand. Referencing has some inaccuracies. Essay has few typographical or grammar / expression errors. Reasonably easy to understand. Referencing is almost all correct. Essay is almost free of typographical or grammar / expression errors. Easy to understand. Referencing is correct throughout. Essay has no typographical or grammar / expression errors. Very easy to understand. Referencing is correct throughout. Total Marks /100 Comments: Assessed by: Date: Sample Moderated by (if any): Date: 11 Direct Marketing (BUS2334) Rubrics for Group Assignment Presentation The purpose of the feedback is to help you assess your ability to apply the knowledge and concepts taught in the module in sufficient depth, as well as your progress toward meeting the module objectives. Group Members: 1. _________________ 2. _________________ 3. _________________ 4. _________________ Student ID _______________ Student ID _______________ Student ID _______________ Student ID _______________ Marks Allocation Components Needs considerable improvement F (0-39%) Barely reasonable (40% - 49%) Average (50% - 59%) Good (60% - 74%) Excellent (75% - 100%) Justification of Problem Background (15%) Very poor justification of current Medklinn direct marketing programme (e,g. limitation and drawback) and current market opportunity Poor justification of current Medklinn direct marketing programme (e,g. limitation and drawback) and current market opportunity Reasonable justification of current Medklinn direct marketing programme (e,g. limitation and drawback) and current market opportunity Good justification of current Medklinn direct marketing programme (e,g. limitation and drawback) and current market opportunity Excellent justification of current Medklinn direct marketing programme (e,g. limitation and drawback) and current market opportunity Clarity of New Direct Marketing Programme (35%) Very poor identification of the concept which links to the problem background as stated, detail of designed concept, and the execution plan Poor identification of the concept which links to the problem background as stated, detail of designed concept, and the execution plan Reasonable identification of the concept which links to the problem background as stated, detail of designed concept, and the execution plan Good identification of the concept which links to the problem background as stated, detail of designed concept, and the execution plan Excellent identification of the concept which links to the problem background as stated, detail of designed concept, and the execution plan Presentation (Rate of speech, Tone and Pronunciation) Eye Contact Engaging the audience (20%) Very poor rate of speech, intonation and bad pronunciation, no eye contact. Boring presentation Poor rate of speech, intonation and bad pronunciation, intermittent eye contact Dull presentation Reasonable rate of speech, intonation and pronunciation, have eye contact Reasonable presentation Good rate of speech, intonation and pronunciation, maintain eye contact Interesting presentation Excellent rate of speech, intonation, pronunciation, maintain eye contact and engaging presentation 12 Marks Awarded Marks Allocation Components Needs considerable improvement F (0-39%) Barely reasonable (40% - 49%) Average (50% - 59%) Good (60% - 74%) Excellent (75% - 100%) Ability to answer questions (20%) Cannot answer or did not answer Unclear answers Fairly reasonable answers Good Answers Very good answers Quality and contents of slides (Background colour, Arrangement, Attractive, Grammar) (10%) Very Poor Background colour, Arrangement of Slides, Very dull slides and a lot of grammatical errors Poor Background colour, Arrangement of Slides, Unattractive slides and a few grammatical errors Reasonable Background colour, Arrangement of Slides, Conventional slides and minor grammatical errors Good Background colour, Arrangement of Slides, Good slides and no grammatical errors Excellent Background colour, Arrangement of Slides, Creative and engaging slides and no grammar mistakes. Total Marks Awarded /100 Comments: Assessed by: Date: Sample Moderated by (if any): Date: 13