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I’m studying and need help with a Marketing question to help me learn.
PART 1
Scenario: You are looking for a way to make some revenue as either a for-profit or not-for-profit organization. This organization can market locally, nationally, or internationally. The product that you have decided to sell is lemonade. To make the endeavor work, you will have to define a marketable form of the drink and decide on a target market.
Your marketing team's mission is to prove the company's goals will be met by providing research, strategy development, and the reason why this form of the product is viable. For this part of the project report on the following:
Target market
Product's definition to the target market
Viable pricing strategy
Brand's position in the competitive environment
Complete the attached Marketing Lemonade Worksheet.
Scenario: Using the same organization and the lemonade drink, develop an analysis for the bank. The bank will be using this information to make their final decision on how, and if, to fund your company's new and unique lemonade. Through your research, you have found that the bank you will be presenting to is favorable of socially-conscience companies that support local charitable endeavors.
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