Solving the Problem Five-Step Marketing Research Approach Presentation

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Business Finance

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Purpose of Assignment

The purpose of this assignment is to place students in the active role of a marketing manager with a problem threatening the organization's survival. Students will respond to a specific scenario that requires them to address the concepts both critically and creatively to solve the scenario's dilemma.

Assignment Steps

Resources: Marketing: Ch. 2: pg. 40-46, 54-69; Ch. 3: pg. 72-92; Ch. 8: pg. 207-227; Ch. 9: pg. 242-257

Scenario: You are the marketing manager for a local nonprofit charity whose funding is based on membership fees. You've noticed a severe drop in new memberships and a decline in repeat memberships, which is threatening your organization's ability to survive and grow. You have decided to implement the Five-Step Marketing Research Process to help understand the problem and create solution strategies to implement.

Create a 10- to 20-slide (not counting the cover slide and reference slide) Microsoft® PowerPoint® presentation with speaker's notes on the Five-Step Marketing Research Approach detailing how you will use each step to solve the membership issue the local nonprofit charity is facing.

Address the following in your role as marketing manager:

  • Define the Five-Step Marketing Research Approach and discuss the importance of research in marketing.
  • Describe each step of the Marketing Research Approach (one slide for each step) in detail including its goal, and create an example aligned to the scenario above to illustrate how that stage would be implemented toward the problem's solution.
  • Define the two types of research data this process gathers and their pros and cons. Share examples of each type that would be useful in solving the scenario.
  • Compare and contrast the Five-Step Process with two alternative methods for conducting marketing research. What are the pros and cons of each?
  • Define what it means to differentiate a service and provide an example to illustrate how the local nonprofit charity in the scenario can use the strategy to help increase target market interest.
  • Explain how differentiation will help position the organization.

Cite a minimum of two peer-reviewed sources with one being from the textbook or the University Library.

Format your presentation consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

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Solving the Problem: Five-Step Marketing Research Approach Presentation Grading Guide MKT/421 Version 16 Marketing Copyright Copyright © 2017 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Five-Step Marketing Research Approach Presentation Grading Guide MKT/421 Version 16 Individual Assignment: Solving the Problem: Five-Step Marketing Research Approach Presentation Purpose of Assignment The purpose of this assignment is to place students in the active role of a marketing manager with a problem that threatens the organization’s survival. Students will respond to a specific scenario that requires them to address the concepts both critically and creatively to solve the scenario’s dilemma. Resources Required • Marketing (textbook): Ch. 2: pg. 40-46, 54-69; Ch. 3: pg. 72-92; Ch. 8: pg. 207-227; Ch. 9: pg. 242-257 Grading Guide Content Defined the Five-Step Marketing Research Approach and discussed the importance of research in marketing. Described each step of the Marketing Research Approach (one slide for each step) in detail including its goal and created an example aligned to the scenario above to illustrate how that stage would be implemented toward the problem’s solution. Defined the two types of research data this process gathers and their pros and cons. Shared examples of each type that would be useful in solving the scenario. Compared and contrasted the Five-Step Process with two alternative methods for conducting marketing research. Answered: What are the pros and cons of each? Defined what it means to differentiate a service and provided an example to illustrate how the local nonprofit charity in the scenario could use the strategy to help increase target market interest. Explained how differentiation will help position the organization. Cited a minimum of two peer-reviewed sources with one being from the textbook or the University Library. Met Partially Met Not Met Comments: 2 Five-Step Marketing Research Approach Presentation Grading Guide MKT/421 Version 16 Content Met Partially Met Not Met Total Available Total Earned 7 #/7 Partially Met Not Met Total Available Total Earned 3 #/3 Comments: Included speaker notes. The presentation is 10 to 20 slides and is appropriate for the audience. The presentation includes relevant media and visual aids that are consistent with the content. Presentation Guidelines Met Organization The tone is appropriate to the content and assignment. The introduction provides a sufficient background on the topic and previews major points. Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logically. Paragraph transitions are present, logical, and maintain the flow throughout the paper. The conclusion is logical, flows from the body of the paper, and reviews the major points. Mechanics The presentation is laid out with effective use of headings, font styles, font sizes, and white space. Intellectual property is recognized with in-text citations and a reference slide. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Comments: 3 Five-Step Marketing Research Approach Presentation Grading Guide MKT/421 Version 16 Assignment Total Additional comments: # 10 #/10 4
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