This final task is a summative assessment and a portfolio that builds upon the assessment task 2. Therefore, this final task requires your knowledge, skills, experience, and feedback that you learned from the assessment task 2. In fact, about 50% discussion of your written task 3 will be generated from the assessment task 2. However, please make sure that the “turnitin” matching rate is still less than 30%. While the assessment task 2 asked you to analyze and prepare a report on ‘marketing and competitive environment of a University Brand’, the assessment task 3 requires you to prepare a marketing plan for 2018 for the same University Brand based on your analysis of ‘marketing and competitive environment of a University Brand’. The marketing plan should include (but is not limited to): executive summary, background, market summary and demand analysis, demography including segmentation & target market analysis, PEST analysis, competitor analysis including their aim, objective and marketing promotion analysis (write about a close competing brand), SWOT analysis, value & brand positioning analyses, proposed marketing aim and promotional objectives for 2018 with justification, marketing mix strategies, competitive strategies, media and budget allocation for 2018 with justification, expected outcomes and conclusion, and finally, references. Notes: The word limit for this report is 3000, excluding abstract or executive summary and references. It is expected that the report will be based on research findings, including data and information from the Australian Bureau of Statistics, Austrade, relevant and authentic Websites, textbooks, recent (i.e., 2012-2017) and relevant journal papers, personal experience and observation, and your formative assessment (i.e., individual written task 2). This report requires students to demonstrate an understanding of relevant concepts, theories, tools, and models discussed in this unit. You need to follow similar examples that are available in your textbook, Moodle site and/or on the Web. You are strongly suggested to attend the lecture, tutorial, and online discussion sessions.
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