The final stage of the marketing audit is for you to evaluate how well the marketing mix of the organisation is performing for your chosen organisation. NB: as before, if you have a large range of product offerings, it is a good idea to focus on just one.
Incorporating theoretical concepts into your discussion from chapters 7-14 and with the use of other theoretical sources and secondary research, please discuss the following:
1. Outline and describe the 8 marketing mix concepts theoretically and apply the components to one of your products offerings. As part of your application be sure to explain and evaluate all of the 8ps’ of marketing (product, prices, promotion, distribution, partnerships, people, processes and physical evidence).
2. Given your evaluation of your overall marketing strategies, the competition and broader contemporary issues facing marketers today, provide recommendations for your organisation. Your recommendations should focus on each of the 8ps and illustrate how contemporary issues may impact on your organisation and its marketing strategy.
More information on how to complete this assessment will be provided on Interact 2
Rationale
This assessment assesses the following learning outcomes:
be able to apply the marketing mix and aspects of branding and positioning to a specific target market and be able to evaluate competitors’ programs; and
be able to discover and evaluate how contemporary issues of environment, social media and other technology, society and Corporate Social Responsibility (CSR) might affect marketing.
Marking criteria
Criterion :The various skills to be assessed
Fail
Pass
Credit
Distinction
High Distinction
Communication Skills
This is about the presentation of the work including :Structure, Format, Grammar, including images
Value 10%
Grade range 0-4.5
Poor grammar, spelling, punctuation, concepts were not clear, no paragraphs or formatting- no images, tables or illustrations
Marks 0-2
Some grammatical errors, sentences were clear and complete clear structure and formatting using headings, and sub headings, some illustrations and diagrams, but not explained and only decorative
Marks 2.5
Minor grammatical errors, sentences were clear and complete, structure and format were used to aid the reader including diagrams, tables and images, that were relevant to argument, but were still not fully explained or described
Marks 3
Free of grammatical errors
Structure and format were clear Sentences were well constructed. Language was concise. Excellent use of diagrams, images and tables that were both visually appealing as well as clearly relevant and explained
Marks 4
Free of grammatical errors
Structure and format were clear, logical and consistent. Sentences were well constructed. Exceptional use of diagrams, images and tables, clearly relevant, explained and insightful links made
Marks 4.5
Theoretical analysis skills
This criterion is about defining, describing and evaluating the concepts that were found when researching the topic Value 40% Grade range 0-18
Concepts were not defined, described or evaluated, mainly listed without explanation
Marks 0-8.5
Concepts were defined, there was an attempt to provide descriptions with examples to explain, limited analysis
Marks 9-11
Clear and relevant definitions and descriptions with examples, some attempt to develop analysis by comparing and contrasting of concepts
Marks 11.5-14.5
Clear definitions, descriptions with examples and analysis of concepts with comparison, with clear evaluations and conclusions
Marks 15.5-17.5
Clear definitions, descriptions with examples and analysis of concepts with highly insightful and perceptive comparisons, evaluations and conclusions
Marks 18
Application skills
This criterion is about linking theory to a specific context, explaining how it relates to a product/company and making recommendations Value 40% Grade range for 0- 18
There was no or limited application to the case study, no examples provided no recommendations
Marks 0-8.5
Case study was described and identified. The context was connected briefly to theory, but the recommendations were not well supported by arguments
Marks 9-11
Case study was described and identified. The context was connected to theory with clear links. There were relevant market discussion and recommendations were supported
Marks 11.5.5-14.5
Case study described and identified and insightful evaluations were made. The context was connected to theory with clear, creative and logical links. There were relevant, well supported recommendations and market discussions with explicit connections to theoretical arguments
Marks 15.5-17.5
Case study described and identified and insightful evaluations were made. The context was connected to theory with exceptional, logical and imaginative links. The market discussions and recommendations were highly relevant , realistic and supported with explicit connections to theoretical arguments
Mark 18
Referencing Skills
This criterion was about the application of APA referencing Value 10% Grade range 0-4.5
There was limited or no attempt at in text or end of text referencing
Marks 0
There was an attempt to apply referencing, but style and application were inconsistent and some points remain unreferenced
Marks 2
Referencing applied. However style/application was inconsistent with some errors in text/reference list
Marks 3
Both the in text and end reference list were consistent in terms of style and application of APA6.
Marks 3.5
Both the in text and end reference list were consistent in terms of style and application of APA6. Referencing apparent in all places where expected.
Marks 4.5
Requirements
Online submission via Turnitin is required for this assignment. Details will be provided by your subject lecture.
