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MNM3701 Assignment 3 PORTFOLIO (ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED

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Well-structured MNM3701 Assignment 3 PORTFOLIO (ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)... In this final portfolio, your task as marketing manager of the SMME provided is to: 1 Step 5 – Develop marketing strategies and programmes. Discuss these concepts theoretically and formulate marketing strategies and programmes that you propose the SMME should follow. These strategies should be based on the marketing mix: product, price, place, promotion, service and internal marketing. Note to students: For this section, your discussions should include brief theory and detailed practical discussion of what the SME is current doing on the following: • Product or service and branding strategy o Product (quality, design, packaging and labelling) and/or service offering o Features provided o Benefits provided o Branding used • Channel and logistics strategy o Value chain (flow of products) o Channel strategy (any that is applicable: direct to consumer or intermediaries used, Intensive, selective or exclusive etc) o Logistics (storage, inventory, fulfilment, transportation) • Pricing strategy o Pricing strategy used (any that is applicable: fixed, dynamic, negotiated, allowances, bundling, segment pricing etc.) o External factors that influence pricing decisions (any that is applicable: customers, competitors, channel members, legal regulatory, ethical concerns etc.) Before answering the question, ensure that you: • Work through units 1 to 10 in the study guide. • Conduct additional research on the required topics. Downloaded by Corona Virus () lOMoARcPSD| MNM3701/102/3/2024 11 o Internal factors that influence pricing decisions (any that is applicable: costs and breakeven, targeting and positioning strategy, product strategy etc) • Marketing communications and influence strategy o Tools (substantiate selected one(s): advertising, sales promotion, public relations, direct marketing, personal selling, social media). You also need to make recommendations to the SMME provided for each section. 2 Step 6 – Plan metrics and implementation control. Discuss these concepts theoretically and indicate how the plan will be implemented and evaluated. Specify metrics for performance measurement. Advise which metrics and implementation control systems the SMME should use. Note to students: For this section, your discussions should include brief theory and detailed practical discussion of what the SME is current doing on the following: • Planning metrics o Marketing o Financial o Societal • Planning forecasts (any that is applicable ones) o Market and segment sales o Company product sales o Costs of sales o Sales and costs by channel • Budgets (any that is applicable ones) o Percentage of sales o Competitive o Objective and tasks • Schedules • Controlling o Types of control (any that is applicable: profitability, productivity, and strategic control) o Applying control measures o Contingency plan You also need to make recommendations to the SMME provided for each section. Remember that this is a practical portfolio, so your discussion must include an analysis, recommendations and a concise conclusion regarding the actions undertaken in developing these steps of a marketing plan. Please refer to the marking rubric to ensure that you provide the correct amount of theory and practical discussion. Only minimal theory is required. The bulk of the assessment should be practical. This final portfolio must include the entire plan; in other words, all the steps in the marketing planning process. You need to add the steps from Assignments 01 and 02 (steps 1 to 4), with corrections made plus the additional section (steps 5 and 6).

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MNM3701
Assignment 3 Semester 1 2025
Unique Number:
Due Date: 14 May 2025

TABLE OF CONTENTS
1. INTRODUCTION ................................................................................................... 4
2. RESEARCH AND ANALYSIS OF THE CURRENT SITUATION ........................... 4
2.1 INTERNAL ENVIRONMENT............................................................................. 4
2.1.1 Mission ....................................................................................................... 5
2.1.2 Resources .................................................................................................. 5
2.1.3 Business Offering ....................................................................................... 7
RECOMMENDATIONS .......................................................................................... 7
2.2 EXTERNAL ENVIRONMENT ........................................................................... 8
2.2.1 Technological ............................................................................................. 8
2.2.2 Competitive................................................................................................. 8
2.2.3 Political Factors .......................................................................................... 8
2.2.4 Economic Factors ....................................................................................... 9
RECOMMENDATIONS ........................................................................................ 10
2.3 SWOT ANALYSIS .......................................................................................... 11



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MARKETING PLAN FOR G&E AUTOMOTIVE AND DIAGNOSTIC (GEAD)

TABLE OF CONTENTS
1. INTRODUCTION .................................................................................................... 4
2. RESEARCH AND ANALYSIS OF THE CURRENT SITUATION ............................ 4
2.1 INTERNAL ENVIRONMENT ............................................................................. 4
2.1.1 Mission........................................................................................................ 5
2.1.2 Resources................................................................................................... 5
2.1.3 Business Offering ....................................................................................... 7
RECOMMENDATIONS ........................................................................................... 7
2.2 EXTERNAL ENVIRONMENT ............................................................................ 8
2.2.1 Technological.............................................................................................. 8
2.2.2 Competitive ................................................................................................. 8
2.2.3 Political Factors .......................................................................................... 8
2.2.4 Economic Factors ....................................................................................... 9
RECOMMENDATIONS ......................................................................................... 10
2.3 SWOT ANALYSIS ........................................................................................... 11
2.3.1 Strengths .................................................................................................. 11
2.3.2 Weaknesses ............................................................................................. 11
2.3.3 Opportunities ............................................................................................ 12
2.3.4 Threats...................................................................................................... 12
RECOMMENDATIONS ......................................................................................... 12
3. ANALYSIS OF MARKETS AND CUSTOMERS ................................................... 13
3.1 Analysis of Markets ......................................................................................... 13
RECOMMENDATIONS ......................................................................................... 14
3.2 ANALYSIS OF CUSTOMERS......................................................................... 15
RECOMMENDATIONS ......................................................................................... 16
4. SEGMENTATION, TARGETING, AND POSITIONING ........................................ 17
4.1 SEGMENTATION ........................................................................................... 17
4.1.1 Geographic Segmentation ........................................................................ 18
4.1.2 Demographic Segmentation ..................................................................... 18
4.1.3 Psychographic Segmentation ................................................................... 19
RECOMMENDATIONS ......................................................................................... 19
4.2 TARGETING ................................................................................................... 20
RECOMMENDATIONS ......................................................................................... 20

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4.3 POSITIONING ................................................................................................ 21
RECOMMENDATIONS ......................................................................................... 22
5. MARKETING PLAN DIRECTION, OBJECTIVES, AND MARKETING SUPPORT
................................................................................................................................. 22
5.1 PLAN DIRECTION .......................................................................................... 22
RECOMMENDATIONS ......................................................................................... 23
5.2 SETTING MARKETING PLAN OBJECTIVES................................................. 24
RECOMMENDATIONS ......................................................................................... 25
5.3 MARKETING SUPPORT ................................................................................ 25
RECOMMENDATIONS ......................................................................................... 26
6. MARKETING STRATEGIES AND PROGRAMS .................................................. 27
6.1 DEVELOPING A SERVICE AND BRAND STRATEGY .................................. 27
RECOMMENDATIONS ......................................................................................... 28
6.2 DEVELOPING A CHANNEL AND LOGISTICS STRATEGY .......................... 28
RECOMMENDATIONS ......................................................................................... 28
6.3 DEVELOPING A PRICING STRATEGY ......................................................... 29
RECOMMENDATIONS ......................................................................................... 29
6.4 DEVELOPING A MARKETING COMMUNICATIONS AND INFLUENCE
STRATEGY........................................................................................................... 29
RECOMMENDATIONS ......................................................................................... 30
7. PLAN METRICS AND IMPLEMENTATION CONTROL ....................................... 30
7.1 PLANNING METRICS..................................................................................... 30
RECOMMENDATIONS ......................................................................................... 30
7.2 PLANNING FORECASTS, BUDGETS, AND SCHEDULES ........................... 31
RECOMMENDATIONS ......................................................................................... 31
7.3 CONTROLLING MARKETING PLAN IMPLEMENTATION ............................. 31
RECOMMENDATIONS ......................................................................................... 32
8. CONCLUSION ..................................................................................................... 32
REFERENCES ......................................................................................................... 32

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