HND Business: marketing plan for a new product launch
Question 016 in the library. The task words are highlighted.
MarketingUK
Choose an organisation launching a new product in the UK market. Produce a marketing plan that includes a PESTLE analysis, segmentation and targeting, an extended marketing mix and the KPIs you would use to monitor the campaign.
How to approach this question
A strong answer to this report usually follows this structure:
- Introduce the organisation and the product.
- Analyse the market with PESTLE and competitors.
- Set STP and the 7Ps.
- Define KPIs, budget and a review schedule.
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