Highlights
Learning Outcomes tested
LO1: Identify the role, importance and scope of marketing and marketing environment.
LO2: Understand and describe the importance of business and consumer behavior and decision process.
LO3: Identify and demonstrate the relationship between the marketing mix elements.
Assessment Criteria :
Students must demonstrate the ability to:
1. Understand the consumers and market environment in the current market trends.
2. Demonstrate good understanding on business and consumer behaviors and decision making steps.
3. Demonstrate the relationships of marketing mix elements in the markets.
Question:
Following a successful meeting with the Managing Directors (MD), who was delighted with the file and your analysis on marketing, you have been asked to prepare a marketing report. The report is to understand the importance of digital marketing (IR4.0) in the current businesses. This will show how digital marketing will equip the management of the business with more effective digital tools.
You are required to conduct a digital marketing analysis based on the ONE (1) selected industry as listed.
Choices of industry:
1. Food
2. Transport
3. Health Care
4. Entertainment
The marketing report must cover the following:
1. an analysis of the digital marketing landscape
2. an analysis of the different elements of the marketing mix elements
3. an explanation of the methods of segmenting markets
4. evaluate the use of the different channels for digital marketing
The digital marketing report content should presented based on the guideline below:
1. An analysis of the digital marketing landscape: – Write a summary on the major trends and forces that changing in this age. Students should be able to identify the microenvironment and macroenvironment elements which influence current business trends and support with relevant and reliable references based on the selected industry. Length: 500 words
2. An analysis of the different elements of the marketing mix elements: – Write a summary of different elements of the marketing mix. Students should be able to identify the marketing mix elements which consists of product, price, distribution and promotion as general and support with relevant and reliable references based on the selected industry. Length: 500 words
3. An explanation of the methods of segmenting markets: – Explain on the methods of segmenting markets. Students should be able to identify the segmenting markets which consists of the bases of market segmentations (geographic, demographic, psychographic, and behavioral segmentation) and support with relevant and reliable references based on the selected industry.
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