Unit 2 - Assignment Brief 2
Unit 2 - Assignment Brief 2
Assignment Brief 2
Please also provide a bibliography using the Harvard referencing system. The
recommended word limit is 1,000–1,500 words, although you will not be penalised for
exceeding the total word limit.
The recommended word limit is 3,000–3,500 words, although you will not be penalised
for exceeding the total word limit.
You are also required to pitch your group marketing plan. Each member will be
assessed individually during this presentation.
Unit Learning Outcomes
LO2 Compare ways in which organisations use elements of the marketing mix to
achieve overall business objectives
LO3 Produce a marketing plan for an organisation that meets marketing objectives
Vocational scenario
Organisation
X is a fast-growing brand in fashion market both in Vietnam and in global market. X can
be one of the following brands: Zara Vietnam; H&M Vietnam; Uniqlo Vietnam. Please
choose one which you would like to task with.
This fiscal year, the BOD of X organisation has chosen product development strategy
for Vietnam domestic market. That is to say, X is aiming at launching a new product in
order to increase its share of domestic market and strengthening its brand
position among competitors.
Role
You and your team have been assigned to research the competition and produce a
marketing plan based on your findings, to drive forward the marketing objectives for
the organisation.
Compare how two different organisations within the same competitive market apply
the various elements of the 7Ps marketing mix. This will be submitted as a briefing
paper for the marketing team.
The briefing paper will evaluate how the marketing mix has been applied to achieve
business objectives, relating to the two organisations: X organisation and one of its
main competitors. This research will inform your situational analysis and enable you to
formulate marketing goals and objectives for your organisation based on the
comparative findings.
Produce a marketing plan to meet marketing goals and objectives. The marketing plan
should include the following:
Executive Summary
Situation Analysis
This section should include:
- A market analysis that defines the market and major segments and then
reviews customer needs and factors in the marketing environment that
may affect customer purchasing. You and your team should conduct
market research to gain insights about customers
- A review of competition that identifies major competitors and assesses
their market positions.
Objectives
Marketing Strategy
Action Program
Create a table to spell out how marketing strategies will be turned into specific
action programs that answer the following questions: What will be done? When
will it be done? Who will do it? How much will it cost?
Clearly state the control and measurement methods which will be used to
measure your marketing performance.
Recommended Resources
Please note that the resources listed are examples for you to use as a starting point in
your research – the list is not definitive.
Weblinks
The balance small business. The elements of a marketing mix and how to use them
effectively. Available at:https://www.thebalancesmb.com/what-is-a-marketing-mix-
2295520
HubSpot. How to Develop a Successful Marketing Mix Strategy [+ Templates]. Available at:
https://blog.hubspot.com/marketing/marketing-mix
HubSpot. The Ultimate Guide to Marketing Strategies & How to Improve Your Digital
Presence. Available at: https://blog.hubspot.com/marketing/digital-strategy-guide
Smart Insights. Marketing strategy vs tactics – why the difference matters. Available at:
https://www.smartinsights.com/marketing-planning/marketing-strategy/marketing-
strategy-vs-tactics-difference/
HN Global
Textbooks
Jobber, D. and Ellis-Chadwick, F. (2019) Principles and Practice of Marketing. 9th Ed.
Maidenhead: McGraw-Hill.
Lovelock C. & Wirtz J., 2018, Essentials of Services Marketing. 3rd Ed. Harlow, England:
Pearson
McDonald, M. and Wilson, H. (2016) Marketing Plans: How to Prepare Them, How to Use
Them. 8th Ed. Chichester: John Wiley and Sons.
Learning Outcomes and Assessment Criteria
LO2 Compare ways in which organisations use elements of the marketing mix to
achieve overall business objectives
I. Introduction