You are the new marketing manager to The Waters Bottling Company (WBC) of Munsonville NH. They have never done any marketing for their water before so they will need to be educated as to the role of marketing in their companys success. They started their company last year and want to do it right according to their president and founder Dr. M. Waters. (The M stands for Muddy so he prudently only uses the initial. He also is rather fond of Blues music which he would like to incorporate into the marketing plan in some way.) They want to sell their crystal clear granite filtered mountain water to the right market. It is your job to identify that target market. At this point they dont even know how the product should be packaged or have a name to identify it. You will get to make that determination and carry that product through the entire Marketing Plan. Imagination and creativity combined with solid marketing concepts will be the basic framework for your report. They will be relying on you for all of the details to make this product successful. They are well funded and ready to bring this product to market with your help and guidance. Use the attached Marketing Planning Guide to build your marketing plan for their naturally mineral rich pure mountain water. Be sure to relate the marketing concepts/ theories to this product/ company as you build the marketing plan over the length of the course. The completed sections of the marketing plan will be submitted in the Dropbox for each module. Use each of the outline items as headers/ subheads for your analysis. Be concise and apply each of the appropriate concepts to the WBC scenario.
Marketing Planning Guide
Section 1 The Environment (Module 1)
You will create a complete Marketing Plan by the end of the course. You will write the first section of the Marketing Plan for this assignment. Use the guide to identify the sections of the Marketing Plan and the marketing elements contained therein. This assignment will focus on Section 1 The Environment (Module 1). Over the span of the course you will gather information from a number of probable sources. Some of the sources may include but are not limited to the Internet public libraries business magazines newspapers the Harvard Business Review the Wall Street Journal annual reports consultant/industry analyst reports databases Department of Commerce publications Temple and other university libraries trade and academic journals Moody’s Value Line etc. You may be surprised and overwhelmed by the volume of information that is available for many topics though you may have to do some detective work to locate them. You may find Web sites such as Hoovers.com and Lexis-Nexis extremely helpful. Create a 4- to 6-page Word document for your Marketing Plan Section. Apply a standard business writing style using the Market Planning Guide sections as your (headers/ sub heads/ bullets) to your work. Be sure to cite your work in the APA format. Use the following file-naming convention: LastnameFirstInitial_M1_A3.doc. For example if your name is John Smith your document will be named SmithJ_M1_A3.doc.
By Wednesday May 3 2017 deliver your assignments to the M1: Assignment 3 Dropbox.