5. Promotional Strategy (Select and justify those elements that apply. Include in your strategy a discussion on the message that you wish to communicate to your target market)(300 to 500 words)
- Advertising
- Print media
- Radio
- Television
- Internet
- Personal Sales
- Public Relations
- Sales Promotions
- Direct Marketing
6. Channels of Distribution (200 to 300 words)
- Identify the existing or proposed locations and their associated advantages and disadvantages.
- Identify any applicable channel members (i.e., manufacturers, wholesalers, retailers) and describe their role in the distribution process.
- Describe and justify your transportation method, i.e., rail, air, truck, ship, or pipeline
- Describe and justify your distribution intensity, i.e., intensive, selective, or exclusive.
7. Pricing Strategy (Select and justify those strategies that apply) (explain your 12-month rollout strategy) (200 to 300 words)
Strategy Options:
- Market Penetration Strategy
- Skimming Strategy
- Competition-based Strategy
- Cost-based Strategy
- Value-based Strategy