(Abeta)In this fill there is assessment brief, example of how the assessment need to be done and some list of books. Individual Report Structure You are strongly advised to follow the report...

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(Abeta)In this fill there is assessment brief, example of how the assessment need to be done and some list of books.


Individual Report Structure


You are strongly advised to follow the report structure below:


You should use Arial 12-point and double line spacing



the total word count is 2,000 there are three topic in the assessment brief to use for the assessment and the one i choose is BOOHOO CLOTHINGPlease follow all assignment brief and learning outcome also she wants plagiarism report









Faculty of Arts, Business & Social Sciences – Assessment Brief for Students – 2020 / 21










































Module code and title




5MK006 Marketing Planning




Module leader




Dr Mohammad Mahdi




Diet





First attempt






Assessment type




Assessment 1 - Individual Report: Conducting Situational Analysis




Submission date




17th
March 2021 by 2pm
(Not adhering to the stated date and time will be subject to University Late Submission & Extension Policy and Procedure)




Submission method




Electronic Copy via Canvas


(Please upload MS Word Document type .doc or .docx only)




Assessment limits




No more than: 2,000 words, excluding appendices and references




Assessment weighting




40%


















Assessment brief


(if appropriate, please refer to module assessment briefing document)






As a member of a marketing team involved in the preparation of an effective marketing plan, you have been tasked with conducting an extensive market research on any
one
of the following businesses:



· Your research should cover the last 5 years.


· Your report should utilise a range of relevant academic and data sources and underpin points made.


· Your research should specifically address the following two tasks:



1.
Carry out a Situational Analysis of the UK market for your chosen business. This should include researching the company’s customers, products & markets and conducting SWOT, PEST & competitive analyses.



2.
Based on your research, segment the market for your chosen business using appropriate segmentation variables. Identify one new segment that you think would be the most profitable for your chosen business company to target. Suggest possible positioning strategies for the new segment.



Individual Report Structure


You are strongly advised to follow the report structure below:


You should use Arial 12-point and double line spacing



Front Page


This should contain the following: module code & title, the name of your chosen company, your student number and the word count of each part of the report.






Second Page


This should be the Table of Contents page






Third Page: Executive Summary


Executive Summary (200 words maximum but will not be part of the word count). This is normally written after all sections of the report have been completed and includes the essential details of the report, such as:


Ø Highlight of main points


Ø Major findings


Ø Main conclusion points



Introduction
(new page)


This will be about paragraph to act as a brief introductionof your chosen company and the business it is in. Any further detailed information on the company should beplaced in anappendix.



Situational Analysis
(new page)


(This is based on session slides of weeks 2 & 3, student activities and the corresponding chapters of the recommended for reading marketing texts and journal articles).


Hint: Use of published research reports such as
Mintel
and
Marketline Advantage
reports, government sources, national newspapers, BBC business website, etc. for data and information on your company. For example, if the main area of your company’s business is catering then search for information on the size of the market, product types, customers, competitors, etc. The company’s website should offer information on the product range, which can be viewed as current market segments targeted by the company. In answering this section you are strongly advised to follow this structure:


(1) Market analysis: Provide some relevant information on the market in which the company operates within such as market trends, product range, consumers/customers types, etc.


(2) TOWS matrix: Collected information on SWOT factors should be appended and used to identify the main points for the development of a TOWS matrix and place this in the main report.


(3) PEST analysis: Collected information on PEST elements should be appended and used to identify the most relevant points for the company's PEST


(4) Competitive analysis: State the main strengths and weaknesses of your company’s major competitors and place the rest of the competitive research in an appendix.



Segmentation, Targeting & Positioning
(start on a new page)


(This is based on
STP
session slides, student activities and the corresponding chapters of the recommended for reading marketing texts and journal articles).


This section is informed by the findings of your
Situational Analysis
section. First of all, ensure you understood marketing segmentation and the variables used in the segmentation process. Give a brief explanation of segmentation and profile possible segments using relevant segmentation variables. Of the selected segments, identify
one
new segment to be targeted by the company and justify your reasons for its selection. Finally, develop appropriate positioning strategies for your chosen target segment and draw a perceptual map for it.



References
(not included in the word count)



Use marketing textbooks
and
academic journal articles
as sourced materials You must use the
Harvard Citation and Referencing System. The Learning Centres of the University of Wolverhampton have produced a document called
Harvard Referencing Guide
which contains useful information supported by clear examples on how to cite and reference sources using the Harvard System. You can find this by following the link at:
www.wlv.ac.uk/lib
or see Module Resources folder for a copy of it.



Appendices
(Not included in the word count and no more than 10 sides of A4)


Append information you see as relevant to your report and part of your secondary research.



































































Assessment Criteria


(The actual assessment components for this assignment)




Criteria




Weighting

(If applicable)



Appropriateness of the methods and techniques used for analysing the marketing environments.







The extent of research and analysis of the UK market and he company’s market.







The development and justification of the proposed segmentation, targeting and positioning within the marketing plan for the success of the chosen brand/product







Communicate effectively: report writing skill, including report presentation








Pass mark




Undergraduate

40%







Performance descriptors in use;


·
University of Wolverhampton
Yes  


·
Professional or Statutory Body
Yes  


·
Module specific
Yes  


·
Other

(specify below)
No 















Return of assessments



(Instructions for return / collection of assessments

)







4 weeks from the submission date



Marks and feedback sheets will be provided electronically









































This assessment is testing Module Learning outcomes




Tick if tested here



LO1



Demonstrate an understanding of what is involved in Marketing Planning across a wide range of businesses and the required knowledge about the market environment, customers and competitors.




Ö



LO2



Demonstrate the ability to research and evaluate data and information sources appropriate for a specific marketing situation




Ö



LO3



Discuss the roles of the various stages of marketing planning process and their inter-links leading to the creation of an effective written marketing plan.





LO4



Develop appropriate plans of monitoring, implementation and control system for a marketing plan including identifying the required success measurements.












Additional information for students


The University’s Learning Information Services have produced a series of guides covering a range of topics to support your studies, and develop your academic skills including a guide to academic referencing
http://www.wlv.ac.uk/lib/skills_for_learning/study_guides.aspx



Your module guide and course handbook contain additional and important information regarding;


· The required referencing style for your assignment.*



Whilst many modules require referencing in accordance with the Harvard Referencing convention, some modules – for example those within the School of Law – require Oxford Referencing. Please familiarise yourself with the requirements of your module.





· Submission of your work


· Marking, feedback and moderation in accordance with the University of Wolverhampton Assessment Handbook


· Extensions on submission dates *


· Additional support *


· Academic conduct with regards to cheating, collusion or plagiarism *


· Links to appropriate sources of relevant information *




* Further information regarding these and other policies can be accessed through your student portal on wlv.ac.uk.








Always

keep a copy of your work and a file of working papers


The requirement to keep a file of working papers is important. There may be circumstances where it is difficult to arrive at a mark for your work. If this is the case, you may be asked to submit your file and possibly meet with your tutor to answer questions on your submission.



When you submit your work you will be required to sign an important declaration confirming that:


· The submission is your own work


· Any material you have used has been acknowledged and appropriately referenced


· You have not allowed another student to have access to your work


· The work has not been submitted previously.




The following information is important when:


· Preparing for your assignment


· Checking your work before you submit it


· Interpreting feedback on your work after marking.






Module Learning Outcomes



Module Learning Outcomes are specific to this module, and are set when the module was validated.




Assessment Criteria


The module Learning Outcomes tested by this assignment, and precise criteria against which your work will be marked are outlined in your assessment brief.






Performance Descriptors


Performance descriptors indicate how marks will be arrived at against each of the assessment criteria. The descriptors indicate the likely characteristics of work that is marked within the percentage bands indicated.


To help you further:



  • Re-sit opportunities are available for students who are unable to take the first sit opportunity, or who need to re take any component.


· Refer to the VLE topic for contact details of your module leader / tutor, tutorial inputs, recommended reading and other sources, etc. Resit details will also appear on the VLE module topic.


· The University’s Learning Information Services offer support and guidance to help you with your studies and develop your academic skills
http://www.wlv.ac.uk/lib/skills_for_learning/study_guides.aspx












Answered 4 days AfterMar 05, 2021

Answer To: (Abeta)In this fill there is assessment brief, example of how the assessment need to be done and...

Shalini answered on Mar 09 2021
140 Votes
BOOHOO CLOTHING’S- MARKETING PLAN
Executive Summary
The marketing plan of Boohoo interprets that the company has a wider reach among its customer and has a global presence seeking its craze among the customers worldwide. The company's range of products and its grasp over the online selling of the products makes things easier and affordable for the customers. The company is establishing itself more significantly with every passing year. However, the SWOT and TOWS analysis of the company
represents some possible strengths and weaknesses of the company along with some opportunities and threats. The analysis of the TOWS matrix provides the options through which the company can convert its weaknesses into its strength.
The PEST analysis of the company represents the political, economic, social, and technological factors that are affecting the company or can affect it in the upcoming future. One of the most prominent competitors of the company is H&M, which has some significant strength and weaknesses, which can give a stiff competition to the Boohoo. The report concludes with the best possible segment for Boohoo, which aims at targeting the adult segment of the society by making a special range of clothes for them with splendid quality, and the positioning strategy would focus on quality products with the wide advertisement.
Table of Contents
Introduction    4
Task One- Situational Analysis    4
Market Analysis    4-5
TOWS Matrix    5-7
PEST Analysis    7-8
Competitor’s Analysis- H&M    8-9
TASK 2- Segmentation, Targeting & Positioning    9-10
Boohoo’s New Segment    10-12
Conclusion    12
References    13
Introduction
Boohoo Clothing is a United Kingdom-based online fashion retailer. The company has the specialization in its own brand fashion clothing with over more than 36000 products. In 2017 the company made the acquisition of the ‘pretty little things’ and ‘Nasty Gal’ brands, which was considered the most effective step in dominating the online fashion industry in the UK (Boohoo, 2021). At the early stage, the company has limited its clothing range for the young women only but with the changing time, the company established itself covering a wide range of items including the menswear, children’s wear footwear and accessories.
Task One- Situational Analysis
The situational analysis helps in analyzing the present scenario of the company it helps in accessing a wider overview of the current circumstances.
The situational analysis comprises of-
· Market Analysis
· SWOT and TOWS analysis
· Microenvironment- PEST analysis
· Competitive analysis
Market Analysis
Mahmood Kamani and Carol Kane initially founded Boohoo group in 2006. The founders of the company have good experience in wholesale fashion and supplying to retailers before they initiated the idea of launching the online fashion empire. The founders analyzed the situation, which points out the growing market of online shopping. On 14 March 2014, Boohoo group soared on its IPO, with shares opening 70% higher than its 50p offer price at 85p. The company's success increases the interest of the investors in internet retail stocks.
Boohoo group also looks towards the acquisition of the brands to increase the market share and dominate the online fashion industry in the UK (McDonald & Rogers, 2017).
The company worked on the acquisition of the brands like Pretty Little Thing and Nasty Gal, which commendably increased the business of the company. In the initial time, the company's main target market was young women, focusing on dresses and going outwear, with the moving time the company expanded its range to items including menswear, children wear, footwear, and accessories. The company is generating huge revenues with every passing year (Medina, Correia & Amores, 2019). For the financial year ended Feb 2018, the company has recorded revenue of 579.8 million pounds that is a 97% increase on the Feb 2017 recorded revenue (Porral & Stanton, 2017). The company revenue has shown remarkable growth since its IPO in 2014. The company strategy of test and repeat is making it stand out from the crowd and giving tough competition to its competitors. The company increases its clothing range seeking the extensive demand, which makes the company excel in its performance in the market (Times, 2017).
TOWS Matrix
    
    Strengths- S
· Automated and effective distribution centers.
· A wide reach in implementing fashion for all approach
· Strong global presence of the company along with diverse portfolio of brands
· Tremendous growth in the financial performance of the company
    Weaknesses- W
· Lack of diversity in body- positivity movement
· Several controversies in the environment also tarnish the brand reputation.
· E-commerce laws
    Opportunities- O
· The company step to collaborate with the famous personalities like Jon Jones and rapper Quavo would increase the brand visibility.
· The growing...
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