What is the brand name for the product? What role does the new product play in the brand portfolio? Who is the target market?Discuss
Scenario
The Vice President of Marketing at MSH Brands (or at your employer or future employer company) was impressed with your marketing plan submitted in Assessment 1. They have now asked you to develop a brand presentation based on this work.
Your Role
You are a Brand Manager at MSH Brands (or at your employer or future employer company). You are being asked to develop a brand presentation for a new pet food product (or new product or line extension at your employer or future employer.)
Requirements
You are to develop a brand presentation including the following elements based on your research, building on your work submitted in Assessment 1. Develop a PowerPoint presentation of 8–12 slides that synthesize the work, using the speaker’s notes sections of each slide to expand your talking points. Be sure your presentation includes:
What is the brand name for the product? What role does the new product play in the brand portfolio?
Who is the target market?
What will be the new product’s objectives (create greater customer loyalty, increase trials, expand usage among current users, support trade relations)?
What will be the new product position? How will it complement the objectives?
What will be the new product competitive pricing strategy? How will it complement the objectives?
How will this be reflected in the packaging? How will it complement the objectives?
How will this be reflected in the promotion? How will it complement the objectives?
How will this be reflected in the placement? How will it complement the objectives?