Unit Two Assignment Grade Sheet – Lee’s Pet Grooming and Day Care

**Textbook**  Charles W. Lamb, J. F. (2018). MKTG (11 ed.). Boston, MA: Cengage Learning. Retrieved from VitalBook

 

Read the scenario and respond to the checklist items based on the Reading and Learning Activities.

Scenario: Lee is the owner of Lee’s Pet Grooming & Day Care, which is located in the city closest to where you live (Augusta, ME) Lee has now hired you to design the basic components of a marketing strategy for her business.

 Checklist and Overall Task: Summarize a marketing strategy for Lee’s addressing each step.

Step 1: Mission

Redefine Lee’s Mission. Lee’s current mission is more of a product oriented mission statement. For example, “We sell flowers” or “We make pizza.” These are examples of weak mission statements.

  • Using the KU online library, write a brief summary about what constitutes a strong market-oriented mission statement. (attached)
  • Rewrite a marketing oriented mission statement for Lee’s business.
  • To be THE name in pet grooming, and daycare in the greater Augusta area. Through reliable and quality service with a commitment to a safe, stress-free, family-style experience, our courteous and knowledgeable staff and a reputation for caring for your pets with the love and kindness that we give our own.

 

Step 2: Situation Analysis

  • Describe methods that Lee could use to identify her internal strengths and weaknesses (Internal half of the SWOT analysis) information. Explain your response.
  • Using the online library (link located in the Academic Tools area), conduct an environmental scan and identify opportunities and threats to the business. Examples could include competitive, technological, economical, socio-cultural, political, and legal forces.
    • After completing your environmental scan or situation analysis, identify Lee’s competitive advantage against her direct and non-direct competitors in the city nearest to where you live. Examples include cost, product, environment, or niche. A discussion of competitive advantage should include a value assessment and comparison.
    • Explain what advice would you give to Lee in her quest to build a sustainable competitive advantage?

Step 3: Marketing Objectives

Set Marketing Plan Objectives for Lee’s.

  • Identify at least two S.M.A.R.T. goals (i.e., Specific, Measurable, Achievable, Relevant and Time-bounded) that Lee needs to set in order to refocus her business effectively based on its new mission statement.

These first three parts of the paper should be a minimum of 2 pages and use APA format and citation style.

Step 4: Marketing Strategy

  • Describe your target market strategy for Lee’s business. Paint a clear picture on who Lee will be targeting for her product.
  • Identify four (4) strategies for growth for Lee’s business using market penetration, market development, product development, and diversification.
  • Briefly describe your marketing mix strategy.

Step 5: Implementation

  • Using the concepts from the text, explain how you will turn your plan into a reality.

Step 6: Evaluation

  • Using the concepts from the text, describe how will you evaluate and control your marketing strategy.

 

Constructive comments:

  • Your submission should include a specific mission statement for this business. This will require research to identify mission statements for other similar businesses and developing a mission statement based on what you learn from that research.

 

  • You should perform an actual SWOT analysis, which should include internal and external factors from the business environment (competitive, social, technological, economic, political/legal factors). See chapter two for more information.

 

  • A SMART goal is an actual goal that the business sets for itself in order to achieve its overall mission; for example: ‘hire an interior designer by the end of March, 2018 to perform a study of our shop’s internal environment, in order to ensure that our mission of providing a calm, attractive social environment is achieved’ This goal is specific; it’s measurable (hiring the designer by the end of March is a measurable time frame); achievable; it’s certainly able to be completed within this time frame; results-oriented; the result is to receive a study by a professional; and time-bounded – March, 2018 latest. Your report should have two similar SMART goals included.

 

  • Identify Lee’s competitive advantage – what specifically this business does that its competitors are not doing, and that pet grooming and day care consumers recognize and appreciate as having real value for them.

Personal comment: Lowering prices to gain market share is a dangerous strategy for a small business. It reduces critical profit levels that a business needs to survive and thrive in a competitive environment. Professional marketers are tasked with maximizing prices by creating offsetting value in products that consumers recognize and desire.

 

  • Review Ansoff’s Matrix (chapter two) and choose one specific growth strategy – either market penetration, market development, product development, or diversification. A business must choose which of these strategies it wants to pursue, in order to become focused appropriately. Please be very specific in your choice and your analysis here.

Personal comment: a business should choose only one of these strategies, to avoid diluting its strategic focus.

 

 

 

Unit 2 Assignment Grading Rubric

 

 

Unit 2 Assignment: Marketing StrategyPercent possiblePoints possiblePoints EarnedComments
Content per Checklist100%100  
Response addresses the checklist items and the scenario provided demonstrating analysis and critical thinking: 

80%

   
1.  Mission:

·     Using Library resources, defines a market-oriented mission statement.

  

5

  
●     Writes a marketing oriented mission statement for the scenario business  

5

  
2.  Situation Analysis:

·       Describes methods that could be used to identify the internal strengths and weaknesses of the business.

  

 

5

  
●     Identifies opportunities and threats to the business.  

5

  
●     Identifies the competitive advantage against direct and non-direct competitors in the city nearest to where he/she lives.  

5

  
●     Explains what advice he/she would give on how to build a sustainable competitive advantage for the business.  

5

  
Step 3: Marketing Objectives:

 

·  Sets marketing objectives for the business

  

5

  
·  Identifies at least two SMART goals regarding marketing strategy  

5

  
Subtotal: 

40%

 

40

  

 

4.  Marketing Strategy

·  Describes the target market for the business.

  

 

10

  
·  Identifies 4 strategies for growth using market penetration, market development, product development, and diversification.  

 

 

10

  
·  Briefly describes his/her marketing strategy. 5  
5.  Implementation

·  Using concepts from the text, explains how to turn his/her plan into a reality.

  

5

  
6.  Evaluation

·  Using concepts from the text, describes how he/she will evaluate and control the marketing strategy proposed.

  

10

  
Subtotal: Parts 1–680%80  
Writing, spelling and grammar in a minimum 4-page (1,000-word) paper using APA format and citation style. 

20%

 

20

  
 PercentTotal Points possible  
Your Score:100%100  

 

 

 

All papers are written by ENL (US, UK, AUSTRALIA) writers with vast experience in the field. We perform a quality assessment on all orders before submitting them.

Do you have an urgent order?  We have more than enough writers who will ensure that your order is delivered on time. 

We provide plagiarism reports for all our custom written papers. All papers are written from scratch.

24/7 Customer Support

Contact us anytime, any day, via any means if you need any help. You can use the Live Chat, email, or our provided phone number anytime.

We will not disclose the nature of our services or any information you provide to a third party.

Assignment Help Services
Money-Back Guarantee

Get your money back if your paper is not delivered on time or if your instructions are not followed.

We Guarantee the Best Grades
Assignment Help Services