Researching Marketing Questions
NO PLAGIARISM, MUST BE ORIGINAL WORK!!!
MUST HAVE AT LEAST 2 IN TEXT CITATIONS WITH ALL REFERENCES LISTED IN APA FORMAT.
2 DOCUMENTS MUST BE PROPERLY FILLED OUT AND SUBMITTED.
Assignment Steps
Part 1:
Analyze the Week 1 Business Growth Overview dataset. This is a marketing report generated by an analyst for the Senior Vice President (SVP) of Marketing at a large corporation. The analyst is new and has provided summary data but no insights or commentary for the SVP.
Construct a minimum 1 page memorandum for the SVP providing insights and commentary. The memorandum should include your analysis of the following:
Major areas of increase and decrease in revenue or type and/or category of business
Trends that are evident in terms of revenue or type and/or category of business
Insights that would help formulate marketing strategies to either continue growth or reverse decline
Additional analysis you (if you were SVP) would like to build a marketing goal and strategy or strategies (and why)
Part 2:
Select a global or multi-regional (does business in more than one country) company and one of its products or services that will help you think about your team marketing plan. You should obtain two years of annual reports as well as two years of 10K reports (provides a comprehensive overview of the company’s business and financial condition and includes audited financial statements) for your data source. Once you have selected your product or service, you must define the size and type of your selected company that provides the product or service (available from annual reports). This need not be elaborate but must include total number of employees, production volume, distribution methods, and so forth. Record this information in a summary document as outlined below.
Company and product selection is a critical part of this project. You must ensure your proposed company can implement the marketing methods discussed in Marketing Management.
Prepare a minimum 1/2 page summary document and send it to your instructor as a record of your selection. The summary document should include the following:
Name of Company
Location of Company Headquarters
Name of Product or Service selected
General description of company (number of employees, revenue, type of ownership, web page, etc.)
General description of product or service
Format your assignment consistent with APA guidelines.
20180514021519mkt571r10_week_1_business_growth_overview
Solution Preview
Part 1
Major areas of increase or decrease in revenue
One of the areas that experienced an increase in revenue is the marketing accounts for the organization’s customers. In the year 2015, the account has $1,381,927 while the revenue increased to $2,759,521 in the year 2016. The sales, in this case, grew by 8.9% up from 6.4 % in the previous year. The reseller revenue was $1,386,876 in the year 2016 which was a rise from 2015 which recorded re-seller value of $721,253.
(684 words)