Thursday, 20 February 2014

New Product Launch Marketing Plan

I only need information done for the 2 bullets highlighted and bolded. The company is Pepsi and the product is a new energy drink (an energy drink that has less sugar and calories should help with weight loss. The caffeine and other ingredients in energy drinks can help raise a person's metabolism, so adding that with less sugar and a lower calorie intake should do the trick. The extra energy that people have along with a lower calorie intake should have no issue with this. Also, exercise may need to be added as well)

New Product Launch Marketing Plan, Part I
Create a product launch plan for 2 markets (domestic and international). 
Include the following components for both markets:
·     Introduction
·     Market needs
·     Market growth
·     A brief SWOT Analysis
·     
Potential competition
·     Product offering and product definition
·     Product identification
·     Justification for your choice of product
·     A 10-question survey that you will use for your final marketing plan, that collects additional primary data about the buyers
·     Conclusion
Use the Sample Marketing Plan in Ch. 2 of Marketing Management as a guide in developing the components of your plan.


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