Brief - Situation analysis of the marketing and communications environment
• To choose a company, product, brand, or service offering in this first attempt.
• To submit a 10-minute PowerPoint slides (maximum 10 slides excluding title page, presentation outline and references)with speaker notes (a maximum of 150-word speaker notes per slide). Please make sure that you include speaker notes below each slide.
1. Select a company, brand, product, or service offering in this firstsit
Please choose a new brand, product or service offering with which you are reasonably familiar, or you are interested in. When making your choice, please make sure that you have access to relevant information about the brand, product or service offering and how it markets itself. Your work should focus on a specific country`s market.
2. Conduct situation analysis
When developing a marketing communications campaign plan, half of your effort can go into your situation analysis as this will create a strong foundation for the next phases of your integrated marketing communications campaign plan.
As part of your situation/context analysis, you are required to conduct an internal and external auditusing appropriate frameworks, e.g., PESTLE analysis, SWOT analysis and an analysis of relevant marketing mix elements. You need to evaluate the current performance of your chosenbrand, product, or service offering) reviewing where it is underperforming and where it is excelling compared to three direct competitors. Please note that you need to set clear criteria for your choice of the three direct competitors. Please focus your work on the marketing and marketing communications environment.
You also need to review past/present campaigns related to your chosen company, brand, product, or service offering. Please also identify examples of good practice beyond your chosen company (brand, product, or service offering) with the aim of adopting a similar marketing communication approach in the future.
Having a clear understanding of your customer`s needs and wants is one of the key aspects of situation analysis and therefore you need to assess typical consumer motivations and the buying process within a given market situation as well as create a customer journey map.
Finally, you need to draw relevant conclusion on key problem areas and set indicative objectives for your integrated marketing communications campaign plan.