This week the team has decided to address Mary’s marketing strategy or lack thereof consider the following points to highlight the mistakes made and the recommendations for the future. 

 

Directions: 

  • Did Mary have a marketing strategy? Explain

 

  • Review the 4’P’S of marketing and detail ways that Mary could have better used each P in deciding a market strategy.  Be sure to give detailed examples of each and clearly indicate how Mary demonstrated or failed to demonstrate each element.

 

 

  • Explain to Mary why she needs to develop a strong brand to differentiate herself from the line do it yourself lights. Here are a few points to be included: What is a brand?  What is Mary’s Brand? How does branding relate to the growth of a business? Why branding was Mary’s biggest marketing shortcoming. 

Attached are some readings and artiles to help assit with the lesson. Also attached is the history and background information of 
Marys business. 


 

https://www.mindtools.com/pages/article/newSTR_94.htm

https://www.forbes.com/sites/allbusiness/2017/05/02/6-steps-to-developing-a-small-business-marketing-budget/?sh=3a0ba834355c


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