Assessment Task:
PESTEL and SWOT Analysis Marketing Portfolio Assessment Answer

For this Marketing Portfolio (MP), you are required to collect a portfolio of evidence from the world around you that represents marketing objectives, strategies and tactics. You must seek current information (i.e. 2016 to 2019) and examples from academic and contemporary sources such as newspapers, magazines, websites and social media (e.g. consumer blogs, YouTube).

The evidence you submit must relate to the following five topics:

1. Market Research and its use in a marketing plan
2. PESTEL and how this affects the introduction of a new product or service
3. SWOT analysis and its use in the marketing plan
4. Segmentation, targeting and positioning in marketing (STP)
5. New product/services launches or brand management: A success and failure

Your task is to collect a total of 6 different examples relating to specific topics that illustrate and provide evidence of ‘marketing in action.’ Your examples must be current (from 2016 - 2019) and should come from sources such as newspapers, magazines, websites, social media (e.g. consumer blogs), personal experience, etc. If you are not sure if the source of the evidence/ example is appropriate, please ask your tutor.

You need to find 1 example from each of the following topics/concepts. Please note that the last topic/concept requires 2 examples.

1. Market Research and its use in a marketing plan. This means sourcing an example that demonstrates the use of market/marketing research to determine marketing objectives, strategies or tactics.

2. PESTEL and how this affects the introduction of a new product or service. This means sourcing an example of a new product or service first, and then explaining how each factor in PESTEL affects entry into the market.

3. SWOT analysis and its use in the marketing plan. This means sourcing an example that demonstrates how SWOT is used by a company to guide decisions related to the marketing mix or other elements of the marketing plan.

4. Segmentation, targeting and positioning in marketing (STP): Current trends in the industry of your choice. This means first choosing an industry that you are familiar with or interested in. Source an example that describes a current trend in that industry. Explain how STP could be used to take advantage of the trend.

5. New product/services launches or brand management: A success and failure. This means sourcing 1 example of a new product/service success and 1 example of a new product/service failure; OR 1 example of successful management of a brand and 1 example of failed management of a brand. Whichever option is chosen, you need to consider how internal and external factors may have impacted the success or failure.

 

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  • Uploaded By : Mitchell Lee
  • Posted on : December 11th, 2018

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