Come up with a sales plan for each of these groups. If you were one of the hotel’s sales people, what would you say to each group to explain the features of the hotel and how those would benefit each group.

Chapter 7 Case Study:  Don’t Just Tell It – Sell It!  Turning Features into Benefits!

Sales at the 112 Goodsleep Inn have been down lately.  The number of room nights sold has dropped, and due to turnover, the sales staff is inexperienced.

The sales director, Sandra Savvy, calls a meeting of her new sales staff.  She tells them, “To be a successful salesperson, you must be able to identify the hotel features that can benefit your potential clients and satisfy their specific needs.

One of the new sales people asked, “What does that mean”?

Sandra replied, “How would you describe the Goodsleep Inn to someone who’s never been here before?

Sandra continued, you need to be able to describe the hotels features in a way that interests potential guests.  You could say,  “we are a 112 room inn, but what would be better to tell a client would be that we have a swimming pool, reasonable rates and a free continental breakfast”.   She continued, “we have on site laundry, we are near the interstate and there are a lot of family restaurants within walking distance”.  You could also mention, “we have recent updates to the hotel including $150,000 guest room renovations and that we offer free movies.  The key is to find out what your potential guests need, and then match the property’s features to your guest’s needs and show them how the property can benefit them.  We need to go beyond just telling someone that we have rooms available”.   “You would be amazed at how successful you can be by simply listening to what your prospects need, describing how your hotel can meet those needs, and using a little common courtesy”.

Sandra went on, “we have three potential new client meetings coming up and I would like for you to come up with a plan as to how to sell to each group”.

Group 1:  Long distance truck drivers.  The terminal manager for this group is looking for accommodations for their drivers.  They only need a room for 8 or 9 hours , just enough time to get some sleep and get back on the road.  They want time to unwind, but they don’t like to socialize.  They like to get to their rooms and watch tv.   They look for clean rooms, king size beds and easy check in / check out procedures.

 Group 2:  Soccer Tournament.  This is for a soccer tournament for 14 – 16 year old boys.  They need rooms for players, parents, and coaches.  They look for a safe property, affordable restaurants and good proximity to the soccer fields.  They also look for rooms with 2 double or queen size beds, on site laundry and activities to keep the kids busy when they are not playing soccer.

Group 3:  Religious couples retreat.  This is a twice a year couples retreat hosted by a local church.  They need a conference room, clean rooms with king size beds and a place to socialize.

You are tasked with coming up with a sales plan for each of these groups.  If you were one of the hotel’s sales people, what would you say to each group to explain the features of the hotel and how those would benefit each group.

What recent marketing communication have you found to be particularly interesting – something that made you want to learn more about a product/service or you wanted to buy? Did you buy it?

Marketing communication

What recent marketing communication have you found to be particularly interesting – something that made you want to learn more about a product/service or you wanted to buy? Did you buy it? What was it about the method of delivery–TV ad, social media, promotion, sponsorship, etc.–that attracted your interest? Although marketing communication has clear benefits, it can also be a nuisance (or even worse). Given your selection, discuss the benefits and drawbacks of that marketing communication technique.

What does it mean to make a decision by “the seat of your pants”? What is “marketing engineering” and what is it used for? How is marketing engineering different from “regular” marketing?

MKTG 562-IDS 540 – At-home – Final Exam – Dec 1-7, 2022

Analysis Using Enginius

Instructions:

  1. This exam requires analysis of a data set using the Enginius software. The exam is worth 130 points.
  2. Part A consists of short essay questions; Part B involves analysis using Enginius. Be sure to answer ALL parts of each question.
  3. Also note the difference in points given for each question and allocate your effort accordingly.
  4. Read each question carefully and THINK before you begin your analysis and writing. A short answer that is right on target is better than a long answer that misses the point.
  5. TYPE your answers below each part of each question. It will help me to easily see your answers if you use a different font or color from the questions themselves.
  6. Remember to type your name and student ID# at the top of this page and to sign your name below .
  7. Use the Enginius software to run the positioning analyses in order to answer the exam questions. You do NOT need to include excerpts from the output, but you MUST INCLUDE SCREENSHOTS of the set-up for your Positioning analyses, in addition to your verbal answers to the questions.
  8. When you are finished, please review all of your answers carefully to make sure that you answered everything, did not accidentally delete any question or answer, and that these are the answers that you would like to turn in.
  9. Finally, save the final document as either a Word file or a PDF, and ADD YOUR NAME to the beginning of the file name.
  10. Then email the completed exam and screen shots to me as attachments. Please write your name and MKTG 562 or IDS 540 Final Exam in the subject line.

Part A: Short-answer questions .

In the spaces below,  give BRIEF answers to each of the following:

⦁ What does it mean to make a decision by “the seat of your pants”? Give an example.

⦁ What is “marketing engineering” and what is it used for? Give an example.

⦁ How is marketing engineering different from “regular” marketing? Give an example from one of the cases discussed in class, and compare how “marketing engineering” was used versus how the firm might have used “regular” marketing instead.

 

Examine the product life cycles for your chosen two products relative to how it affects the company’s marketing strategies How would your suggestion be different for the two companies’ brand managers about making decisions on price, advertising, and distribution channels?

Marketing strategies

For this assignment, choose from any two categories products that are at different product life cycle stages. Identify the product life cycle stages for your selected products and provide explanations for why you believe they are at these stages. Then, provide answers to these two questions:

Examine the product life cycles for your chosen two products relative to how it affects the company’s marketing strategies
How would your suggestion be different for the two companies’ brand managers about making decisions on price, advertising, and distribution channels?

Submit a 2-3 pages paper, (excluding the title page and reference pages) double-spaced in Times New Roman font which is no greater than 12 points in size. Be sure to cite any sources in APA Format.

As a new Products Process Manager, you are responsible for helping project managers to develop new product processes and use them effectively; Explain the difference between Invention and innovation relative to new product development.

Discussion Essay

1. As a new Products Process Manager, you are responsible for helping project managers to develop new product processes and use them effectively; Explain the difference between Invention and innovation relative to new product development.

2. Take a moment and reflect on the topics introduced in this Unit. Formulate at least one question that arose while you were reading the material and completing the assignments. Was there anything in this Unit that surprised you or caught your attention? Explain.

Create a marketing forecasting report for your product. Your forecast should include charts and graphs showing projected success by regions, countries or demographics. Discuss how you developed the forecast and any other economic factors that could cause a variance.

Marketing Forecasting Report

This week your task is to create a marketing forecasting report for your product. Your forecast should include charts and graphs showing projected success by regions, countries or demographics. Discuss how you developed the forecast and any other economic factors that could cause a variance.

To assist with this challenging task please find attached a template to be used for the forecast assignment. Attached are two files BUT you only make one submission. You will copy the spreadsheet into the Word template.

The template is your main document and will require some detailed explanation. The Excel spreadsheet is a sample with built in formulas to show you a model for building the numbers in the forecast.

Write 200word reaction to the what we have tackled during the past week. Choose an interesting idea that stemmed from the readings of that week, an in-class activity, or an in class discussion.

Discussion Essay

At the end of each week you will find an assignment on Canvas. You should choose seven of these assignments based on your interest. You are asked to write 200word reaction to the what we have tackled during the past week.

You should choose an interesting idea that stemmed from the readings of that week, an in-class activity, or an in class discussion.

Illustrate that you have done the readings for that week, that you paid attention in class, and that you can clearly apply theory to practice. For example, you could choose a contended issue, expand on it and discuss whether you (dis)agree to how the authors discussed it, how it is applied to practice.

The purpose of these assignments is to increase your critical thinking skills.

 

Identify what you consider to be the main marketing-related problem for this scenario. Add any additional research and citations needed to support your statements.

Unit 8 Discussion SM

Scenario: Walmart

The U.S. Justice Department is suing Walmart, alleging that it unlawfully dispensed controlled substances through its pharmacies. This is on top of other civil lawsuits against Walmart from states and city governments and individuals for filling opioid prescriptions.

As background, go to NPR’s December 23, 2020, article on https://www.npr.org/2020/12/23/949525020/walmart-is-latest-big-name-company-embroiled-in-opioid-crisis

Additional background information can be found at:

  • Walmart’s: https://www.walmartethics.com/content/walmartethics/en_us/code-of-conduct.html
  • Glassdoor’s: https://www.glassdoor.com/employers/blog/learn-best-walmart-builds-corporate-culture/

You work for Walmart’s marketing team and are now on the marketing crisis team. You need to develop a strategy to address this issue.

Discussion Issues

1. For this situation, identify what you consider to be the main marketing-related problem for this scenario. Add any additional research and citations needed to support your statements.

2. To address this problem, recommend a strategic goal for external marketing. Analyze the pros and cons of this plan.

3. Recommend an internal marking implementation strategy that would fit the marketing culture of Walmart and indicate the pros and cons of this approach.

4. Specify how you should evaluate your strategic plan’s success.

Make sure to use credible sources only such as peer reviews or academic journals

Analyze competitiveness within and beyond the sport industry. Examine the market potential and market trends of the specific foreign market into which your organization plans to expand.

Analysis of a Specific Global Market

III. Market Feasibility
B. Analyze competitiveness within and beyond the sport industry.
C. Examine the market potential (such as social, cultural, political, financial, and demographic fit) and market trends of the specific foreign market into which your organization plans to expand.

Is the marketing mix strategy congruent? Do the tactical actions support the strategic focus of the brand? Are the communications integrated and aligned with marketing mix elements?

9.3 – Assignment: Final Marketing Plan Submission (PLG1)

You should now have a complete draft of your marketing plan. Thoroughly review your draft sections of your plan and make any revisions as necessary.

Is the marketing mix strategy congruent?
Do the tactical actions support the strategic focus of the brand?
Are the communications integrated and aligned with marketing mix elements?