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THE MARKETING MIX

THE MARKETING MIX

The main focus of this plan is to improve the marketing mix of an existing product, using theory to support your arguments.2000 words.Weight:40%.What do I have to do?The Marketing Mix Critique assignment [all students do it on Masters Home Improvement Stores, Australia] is comprised of three separate tasks. First, students are required undertake a marketing environmental analysis to assess the micro and macro forces which impact Masters Home Improvement Stores. Second, students are required to review and critique, then redesign the organisations marketing approach against the 7P’s approach. Third, outline three key recommendations (supported by prior sections and marketing theory) to Masters as to how they can enhance their current marketing approach.The attached document provides the Criterion Referenced Assessment (CRA) for the assignment, a detailed explanation of this process as well as a checklist for assignment submission is included in the in the tutorial and assessment guide located in Learning Resources table.Assignment ResearchThe following suggestions may be helpful for obtaining information relating to Masters, Bunnings, their competitors and their market in general: Fairfax Online – library data base and covers the Australian Financial Review and Business Review Weekly use the chat online function and ask a librarian to help you Australian and New Zealand Reference Centre Fairfax online library data base indexes major newspapers in Australia and New Zealand The Australian daily newspaper- Fairfax online library data base Ad News via the library data base called Factiva use the on-line chat function and ask a librarian to help you access this data base Go to Woolworths website as they own Masters – you will find an annual report and other media material Consider your competitors – Wesfarmers owns Bunnings – go to the Wesfarmers website Mitre 10 is owned by Metcash – go to their website and do the same thing. Attachments: AMN442-MARKET….docxAMN442-ASSIGN….pdf

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