For this assignment, you will be asked to use the feedback from step 1 to prepare a proposal detailing your proposed project. The proposal is to be written in professional report format and contains the following:
- a short, preliminary literature review that places your project within the context of your profession;
- a focused research aim, and at least one research question; and
- a research plan, including an overview of your proposed methods of data collection and data analysis; Gantt chart schedule; and clear presentation of data sources.
The required length for this report is
1,750 words
(+/- 10%), excluding preliminaries, reference list, and appendices. You are required to include
at least 10 suitable high-quality peer-reviewed scholarly journal articles.
Assessment criteria (please click
here
for a detailed marking rubric):
- Feasibility of project within time-frame
- Aim and objectives/research questions
- Preliminary
critical
literature review
- The organization of the project
- Written communication
Field of Research: To understand the increase in brand awareness of an automotive industry with an increased expenditure on marketing campaigns and innovative ideas. Secondary Data usage: Secondary data from internet, newspaper articles, and analysis reports etc. may be used and also resources are available on market research websites which would give the statistics that are required to understand the market share of the company before and after the marketing campaigns and innovative ideas. The data can be utilized to understand the factors that led to rise in the brand awareness and whether it results, increase in sales or not. The data and the facts and figures would tell us the improvement in brand equity and hence the rise in sales. https://www.adbrands.net/us/gm_us.htm https://www.hyundai.com.au/hyundai-info/news/2015/01/hyundai-achieves-100-000-sales-for-first-time-in-australia http://www.adnews.com.au/news/hyundai-launches-50-million-media-review-in-australia Research Question: To understand the increase in Brand awareness of automotive industry after implementing the marketing campaign and novel innovations which highlighted the benefits of the brand and also to understand the increase in sales with the increase in brand awareness. Utilizing the AIDA model, did the rise in awareness also lead to rise in interest and did it lead to action. RQ1: At what certain level marketing campaign affects automotive industry branding? RQ2: Is auto brand come up with novel innovation performing better in context of market share and sales? RQ3: What are the major factors other than Marketing and innovation that impacts largely on automotive Industry market share? Search Terms: AIDA model, Effects of Marketing Campaign on Brands, Implementation of Marketing Campaigns in a correct way, Development of Sales with increase in brand awareness, Growth in market share after implementing innovation to the auto products. References: Davis, N. (2014). Destination Marketing Insights: How to boost performance, increase customers, and maximize market share. Journal of Teaching in Travel & Tourism, 14(3), 301-303. Maruti Suzuki expects to boost sales for Celerio in Gujarat with Navratri promotional campaign. (2015, September 09). Car Trade India, p. Car Trade India, Sept 9, 2015. Hartnett, N., Kennedy, R., Sharp, B., & Greenacre, L. (2015). Creative That Sells: How Advertising Execution Affects Sales. Journal of Advertising, 45(1), 1-11. Six outstanding automotive marketing campaigns to get your creative motor running. (2018). Retrieved from https://econsultancy.com/blog/62931-six-outstanding-automotive-marketing-campaigns-to-get-your-creative-motor-running Palmer, D. (2018). Brand Awareness for Auto Dealerships. Retrieved from https://blog.palmeradagency.com/blog/bid/300781/Brand-Awareness-for-Auto-Dealerships Halliday, Jean. (2006). GM and Ford spend more, sell less.(American Honda Motor Co., General Motors Corp. and Ford Motor Co.'s advertising expenditures and sales)(Brief Article). Advertising Age, 77(10), 42. Assmus, G., Farley, J.U., & Lehmann, D.R. (1984). How Advertising Affects Sales: Meta-Analysis of Econometric Results. Journal of Marketing Research, 21, 65-74.