Assignment Task
You are required to:
- Analyse the current context of Hoyts and the marketing landscape the company is operating in
- Identify and justify their current target segment(s)
- Critically discuss their current marketing mix (4Ps)
- Identify and justify two (2) their current marketing problems (2 out of their 4Ps). One problem must be their current product strategy.Redesign their marketing mix
- Provide an impact assessment on their sustainability as a result of your marketing recommendations.
Structure
1. Introduction
2. Current marketing context of Hoyts
- Industry overview
- Company overview
- Current target segment(s). The use of tables is acceptable here.
- Current marketing mix (4Ps)
- Marketing problems (2 out of 4Ps) (one must be their product strategy).
3. Redesign marketing mix
- Redesigning product strategy. Note: If you are to recommend a new product strategy, a brief discussion of the new target segment is required.
- Redesigning promotion/ pricing/ place strategy
4. Sustainability impact assessment
5. Conclusion
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