Marketing Management - The Chinese University of Hong Kong
Marketing Management - The Chinese University of Hong Kong
Marketing Management - The Chinese University of Hong Kong
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) Peer Assessment/Team Evaluation<br />
In order to recognize individual contributions in team activities, and to prevent free-loading problems, team<br />
evaluation results may be used to adjust team grades in calculating the final individual grades – when it become<br />
necessary. You will be asked to complete the peer evaluation form after project presentation.<br />
1. MARKETING PLAN<br />
A central requirement <strong>of</strong> the course is the “<strong>Marketing</strong> Plan” team project. It is intended to give you experience in the<br />
design and implementation <strong>of</strong> a marketing plan. As the term progresses your team will be required to use the skills you<br />
learn in the classroom to successfully complete your plan.<br />
Each team will select/create a new/fictional product or service that they would like to bring to market. This product is<br />
not necessarily new in terms <strong>of</strong> technology, but should have a new/unique position in the market. You may also<br />
borrow the idea <strong>of</strong> new product from other countries or internet and develop this idea in HK market but should not<br />
copy its marketing strategy.<br />
<strong>The</strong> team should become the class experts on the product, the company, and the industry in which it operates. It is<br />
recommend that your team virtually start up a new company and work on the marketing plan for this new product.<br />
Each team then begin by gathering information from any channel we learn from class and form a basis <strong>of</strong> an<br />
exhaustive environmental analysis leading to identification <strong>of</strong> opportunities and difficulty for marketing such<br />
particular product or service. From this analysis your team should evolve to a comprehensive marketing plan so the<br />
team can take advantage <strong>of</strong> the opportunities explored in the earlier part <strong>of</strong> the activity.<br />
a) <strong>Marketing</strong> Plan Proposal (6%)<br />
At week 7, each group will be asked to briefly talk about your idea about this marketing plan. (see schedule for detail<br />
date). This presentation will last around 5 minutes only. Only one member is allowed to make the presentation. This<br />
member just needs to use a few slides to briefly present the idea for the new product the group is going to introduce<br />
to the market.<br />
b) Final deliverialbe<br />
<strong>The</strong> <strong>Marketing</strong> Plan has two central components. <strong>The</strong> first, a presentation to your classmates and myself. <strong>The</strong> second<br />
component is a written report, should detail the specific aspects <strong>of</strong> your marketing analysis and decisions. <strong>The</strong><br />
presentation should cover the highlights <strong>of</strong> the defined plan. Each <strong>of</strong> these components is explained in more detail<br />
below.<br />
1. Oral presentation and Q&A (18%)<br />
Oral presentations will run at end <strong>of</strong> this semester – (see schedule for detail date).<br />
During these presentations, team members will present the highlights <strong>of</strong> their marketing plan that has been worked<br />
out for the selected product. Teams should take around 15 minutes to present their work and then answer question<br />
from audiences (around 5 minutes). Please control your time, teams that exceed 15 minutes <strong>of</strong> presentation will be<br />
stopped at the 15-minute mark. <strong>The</strong>refore, practicing your presentation is strongly advised. It is suggested that teams<br />
use visual aids such as tables and graphs or PowerPoint, and they should try to avoid reading during the presentation.<br />
Presentations must be pr<strong>of</strong>essional and you will be graded on how well you articulate and present your ideas. I expect<br />
around 3-4 team members to be involved in the presentation.<br />
2. Written report (10%)<br />
<strong>The</strong> specific sections <strong>of</strong> the written report are as follows:<br />
- Executive Summary<br />
- 4C Analysis<br />
1. Analysis <strong>of</strong> the External Market Environment<br />
2. Customer Analysis<br />
3. Competitor Analysis<br />
4. Company Analysis<br />
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