59033 – Group assignment instruction – HI5004 Marketing ManagementAssessment

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– HI5004 Marketing ManagementAssessment Details and Submission GuidelinesTrimester T2.2020Unit Code HI5004Unit Title Marketing ManagementAssessment Type Group reportAssessment Title Group assignment – -Long Marketing Plan ProjectPurpose of the assessment (with ULO Mapping) This assignment requires your group to undertake the process of analysing one product/service and its operating environments from a marketing perspective. And then apply the from lecture 1-11 in the development of marketing strategy. You will provide an overview of this product/service, as well as detail the type of orientation towards marketing it takes. You are also required to examine and analyse the context and environments in which this product/service operates (its industry and the macro-environmental forces impacting on the industry).Weight 40 %- Topic approval: 5%- Blackboard tools: 10%- Group : 25%Total Marks 40 marks:- Topic approval: 5 marks- Blackboard tools: 10 marks- Group report: 25 marksWord limit – Topics approval: 200 wordsDue Date – Topic approval: 11pm Friday Week 6- Discussion Board and BB tools: every week, from week 8 to week 11- Group report: 11pm Friday Week 11Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.• The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.• Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.Semester-Long Marketing Plan Project (40%=40 marks)An effective way to help students learn about marketing management is through the actual creation of a marketing plan for a product or service. This project is designed to accomplish such a task.Students will self-enrol in a group of 4(FOUR) (you can’t change the group by any reason) the instruction how to find your group members have been sent to you, please have a look and read it carefully before you make the decision to select the group that you want to join in.Due date: Students need to self- enrol in a group NO LATER THAN 13th August, 2020.Each group set up a company and decides on a consumer product or service they wish to bring to market. It has to be an innovative product/service which has never been in the market before and not belong to any existing company. You can discuss with your tutor about the product/service that you want to select.1. Product/service Approval:Weight: 5 marks = 5 %.Length: 200 words- By the end of week 6 (11pm Friday 28th August) group needs to submit the product/service that they will select for the group report- The proposal includes: Introduction about the product or service. Please be aware about the requirement of the product/service. It has to be an innovative product/service which has never been in the market before and not belong to any existing company- By the end of week 7, 4th September, if the product/service is approved, group can select it to do the group report. The approval will be indicated in the feedback to learner box in the proposal submitted- By the end of week 7, 4th September, if the product/service is not approved, zero mark will be given and the coordinator will inform you to select a different product/service. Group has 3 days to select a new product/service. By the end of 7th September, the new proposal needs to be resubmitted. The new proposal won’t be marked. If the group does not select a different product/service as required, the group report will be marked Zero. The coordinator will inform the group if the new product/service is approved by email2. Blackboard toolsWeight: 10 marks = 10%Due date: from week 8 to week 11In order to get marks:From week 8 to week 11, all the group members need to use Blackboard tools:- All the discussion about group assignment needs to be recorded by using Group Blog or Discussion Board tool (Instruction can be found below, for further question, please advise your tutor). The discussion must be relevant to the content of the assignment and reflects the outcome of the group meeting.- Group needs to use File exchange tools: All the academic papers that are used in the assignment need to be posted on BB by using File Exchange tool (Instruction can be found below, for further question, please advise your tutor). Group needs to submit the for their assignment by using File Exchange toolIf one of the requirements above is not followed, this assessment will be marked ZERO3. Group ReportWeight: 25 marks = 25%Word count: 2500 words (+/- 10%) for the reportDue date: 11pm Friday Week 11 for the report.Requirement:The report analysis:- Competitive information- Environmental scanning.- Demand forecasted- Specific market segmentation, targeting, and positioning statements- Product or service’s brand positioning- Who are the market leaders for their chosen product or service? What niche have they identified for their product/service? Is their product or service going to be a leader, follower, or challenger to well-established products or brands?- Consumer-adoption process for their new product. How will the consumer learn about their new product and how quickly will they adopt it? Will the product be targeted to the heavy users and early adopters first, then early and late majorities? What is their estimated time for full adoption?- Pricing strategy decisions for their product/service. Students have addressed all or most of the material concerning pricing covered in week 8.- Students should be directed to turn in their retailing, wholesaling, and logistical marketing plans. Those students who are acting in the role of providing a new “service” should include here their plans for locations, hours of operations, and how their “service” plans on managing demand and capacity issues.- The integrated marketing communications mix.- All the possible communication media (for example, students will tend to concentrate their media on television or on the Internet and include other forms such as personal selling and radio).- At least 5 academic references need to be usedThe following is an outline of this process:Week Topics Requirement Note1 Marketing for the New Realities2 Marketing Strategies and Plans Groups need to be set up and informed to the lecturers3 Marketing Research Groups need to be set up and informed to the lecturers4 Consumer behaviour Groups need to be set up and informed to the lecturers5 Identifying Market Segments and Targets Groups need to be set up and informed to the lecturers.6 Brand Positioning and Brand Equity Topic approval7 Product strategy8 Pricing strategies and programs BB Tools9 Integrated marketing channels and distribution systemBB Tools10 Integrated Marketing Communications – Part 1Designing and managing integrated marketing communication BB Tools11 Integrated Marketing Communications – Part 2Managing Mass Communications Group Report:Weight: 25% = 25 marks.Word count: 2500 words (+/- 10%) for the reportDue date: 11pm Friday Week 11 for the report.Requirement:The report analysis:- Competitive information- Environmental scanning.- Demand forecasted- Specific market segmentation, targeting, and positioning statements- Product or service’s brand positioning- Who are the market leaders for their chosen product or service? What niche have they identified for their product/service? Is their product or service going to be a leader, follower, or challenger to well-established products or brands?- Consumer-adoption process for their new product. How will the consumer learn about their new product and how quickly will they adopt it? Will the product be targeted to the heavy users and early adopters first, then early and late majorities? What is their estimated time for full adoption?- Pricing strategy decisions for their product/service. Students have addressed all or most of the material concerning pricing covered in week 8.- Students should be directed to turn in their retailing, wholesaling, and logistical marketing plans. Those students who are acting in the role of providing a new “service” should include here their plans for locations, hours of operations, and how their “service” plans on managing demand and capacity issues.- The integrated marketing communications mix.- All the possible communication media (for example, students will tend to concentrate their media on television or on the Internet and include other forms such as personal selling and radio).- At least 5 academic references need to be used BB Tools12 RevisionHow to do group assignment – InstructionGroup toolsYour instructor chooses which communication and collaboration tools are available to your group. If you want to use a tool but don’t find on your group’s page, ask your instructor to enable it.Tool DescriptionFile ExchangeGroup members and instructors can share files in this area. All members can add and delete files, regardless of who added them.Group Blog In the group area, all members of a group can create entries for the same blog and build on each entry. All course members can read and comment on a group blog, but they can’t make posts unless they are members of the group. Instructors can choose to grade group blogs. All group members receive the same grade.Group Journal In the group area, all members of a group can view each other’s entries. Only group members and instructors can view a group journal. Instructors can choose to grade group journals. All group members receive the same grade.Send EmailGroup members can email individual members or the entire group.Exchange files with a groupWith file exchange, you can share files with other members of your group, including your instructor.You can’t create folders in file exchange. With your group, decide how you want to name files so that they are easier to locate in a long list.Add a file to the file exchangeGroup Tools File Exchange Add FileAdd a name for the file you want to upload. Browse for the file and submit.Delete a file from the file exchangeYou can delete any file, even if you didn’t upload it. On the File Exchange page, select Delete in the file’s menu.Group BlogAll the group members can discuss about the assignment by using Group Blog. Once you are allocated in a group, you can see this function.Group Group Tools Group Blog Create Blog EntryProQuestTo loginGo to: http://www.holmes.edu.au/ Login Proquesthydersyed07@gmail.com: holmes2004PASSWORD: holmesProquest TipsGroup Report RubricEvaluation Criteria Fail Pass Credit Distinction High DistinctionIntroduction about product/serviceNo information about product/service Limited information about product/service Some information about product/service Clear introduction about product/service Clear explanation about the motives behind developing your own product/serviceClear introduction about product/serviceCompetitive information2 marks Fail0-0.5 Pass1 Credit1.25 Distinction1.5 High Distinction1.75-2No information about competitors Limited information about competitors Some information about competitors Clear explanation and discussion about competitors Clear discussion about direct and indirect competitors. Also provide some discussion about competitive theoryEnvironmental scanning2 marks Fail0-0.5 Pass1 Credit1.25 Distinction1.5 High Distinction1.75-2No information about environmental scanning (PESTEL or SWOT)Limited information about environmental scanning (PESTEL or SWOT) Provide some discussion about PESTEL analysis or SWOT Provide full discussion about PESTEL analysis or SWOT. Provide full discussion about PESTEL analysis or SWOT. Provide some strategies that help the company deal with Threats and Weaknesses and negative impacts from external environmentDemand forecast2 marks Fail0-0.5 Pass1 Credit1.25 Distinction1.5 High Distinction1.75-2No information about demand forecast Limited information aboutdemand forecast Provide some discussion about demand forecast: some models of demand forecast are but could not link them with the product/service selected Provide clear explanation about demand forecast. Provide some data about consumption trend Provide reasonable reasons why customers are interested in the product/service.Provide consumption trends to predict the future demand for the product/service of their choiceSpecific market segmentation, targeting, and positioning statements2 marks Fail0-0.5 Pass1 Credit1.25 Distinction1.5 High Distinction1.75-2No information about market segmentation, targeting, and positioning statements Limited information about market segmentation, targeting, and positioning statements. For example: only provide the market segmentation theory rather than focusing on their product/service’s target customer. Provide market segmentation, targeting, and positioning statements. However, don’t provide the evidence for their choice Provide market segmentation, targeting, and positioning statements with clear explanation for their choice Provide market segmentation, targeting, and positioning statements. Provide clear explanation and the link between and their choiceStudents should be directed to turn in their retailing, wholesaling, and logistical marketing plans. Those students who are acting in the role of providing a new “service” should include here their plans for locations, hours of operations, and how their “service” plans on managing demand and capacity issues.2 marks Fail0-0.5 Pass1 Credit1.25 Distinction1.5 High Distinction1.75-2No information about distribution system Limited information about distribution system Answer all the requirement without explanation Answer all the requirement with brief explanation about their choice Answer all the requirement with full explanation about their choiceThe integrated marketing communications matrix.5 marksFail0-2 Pass2.5 Credit3 Distinction3.5-4 High Distinction4.5-5No information about integrated marking communications matrixLimited information about integrated marking communications matrix Provide the integrated marking communications matrix with some explanationClear explanation and discussion about integrated marking communications matrix Clear explanation and discussion about integrated marking communications matrixProvide good justification about all the tools that they selectAll the possible communication media (for example, students will tend to concentrate their media on television or on the Internet and include other forms such as personal selling and radio).5 marksFail0-2 Pass2.5 Credit3 Distinction3.5-4 High Distinction4.5-5No information about communication media Limited information about communication media Provide the selection of communication media with some explanationClear explanation and discussion about communication media Clear explanation and discussion about communication mediaProvide good justification about all the media channel that they selectStyle and referencing5 marksReferencing: appropriate references and citations, style Fail0-2 Pass2.5 Credit3 Distinction3.5-4 High Distinction4.5-5Referencing is unclear. At least 3 relevant references. Referencing mostly clear but inconsistent. At least 5 relevant references given, mainly drawn from provided sources e.g lectures. Clear systematic referencing of all sources.. At least 7 relevant references including at least 5 from own research including page no’s for all articles Bibliography includes at least 10 relevant references from good sources i.e. journals rather than popular computing press. Very clearly presented.Total (out of 25)

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