Launching a New Product
You will choose a brand and develop a new product, service or experience. Supported by insights gleaned from appropriate secondary and primary research, you will develop a communication strategy to launch the new product, service or experience. Your strategy should include:
- Three marketing objectives
- An analysis of how the new initiative aligns with the brand’s unique perspective; identity and values and maintains the brand’s competitive advantage.
- Strategies: Includes the methods that will be used to launch the brand’s new product and attain the company’s marketing objectives. Please describe your strategy for each element of the marketing mix and how each of the 4 Ps responds to the SWOT conducted.
- The key messages or narrative you will use to communicate with the audience. Please consider the brand’s voice and how this fits with the intended audience; target market.
These are some of my notes that could be beneficial to you! I highlighted the things that are referenced in the question. Let me know if you have any more questions for me!
Answer preview
Not everyone carries his or her camera everywhere all the time they travel to different places. Not everyone owns a camera in the first place. However, currently, there are approximately 3.3 billion people in the world who own at least one smartphone. This means about 42.63% of the world’s population can comfortably use smartphones from any location in the world (Poushter, 2016). One of the primary…
(900 words)