Instructions: Research reputable business publications for a marketing challenge or problem described in a recent (no older than six months) issue. Suggested publications include Bloomberg Business Week, the Wall Street Journal, or other respected business publications. I would like to write about one of the two topics if possible: uber at http://www.economist.com/news/business/21633833-uber-risks-consumer-backlash-over-its-tough-tactics-uber-competitive or hailo at http://fortune.com/2014/10/14/hailo-taxi-app-funding-failure/. Or any recent article regarding one of the two companies. Or, write about a U.S. company. Starbucks, Target, KFC or etc.
Consider whether the challenge is related to a failure to utilize an innovative strategy correctly or whether a traditional marketing strategy has failed to innovate and adapt in the current competitive environment, for example.
****Order Instructions: Submit paper that includes the following:
A) A description of the challenge or problem (e.g., Why is it a problem? How long has it been going on? What may have caused the problem?)
B) The stakeholders that are affected by this challenge or problem as well as how they are affected and why it matters
C) The obstacles that may prevent the challenge from being resolved or that may make it difficult to resolve or mitigate
D) The risks and consequences if the challenge or problem is not resolved or mitigated
E) The effect of emerging trends on the marketing challenge or problem
F) Innovative or current techniques in the field of marketing that could resolve or mitigate the challenge you have identified with a discussion of why those could be of benefit
G) Two solutions that will resolve or mitigate the marketing challenge, with an explanation of why these solutions would be effective
***Be sure to substantiate your analysis and position with examples and evidence from credible resources. Writing must address each section and NO plagiarism.
* will attach sources. Also, writer let me know what you need and I’ll send it to you.
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Summary Background of Order: In 2010, the U.S. Centers for Disease Control and Prevention projected that by 2050, one in three Americans would have diabetes (HealthDay, 2010). On the one hand, for organizations such as food producers and restaurants specializing in high sugar, fat, or calorie foods, this health crisis is a problem that threatens the survival of the organizations. On the other hand, some organizations have perceived such problems as challenges they have turned into opportunities: For example, food producers may work to remove trans-fats and other “bad” ingredients from their product line. A company may also make more high-protein snacks and fewer high carb ones, for example. Or, other companies may be assessing the potential success of a new line of home exercise equipment, yoga studios, workout facilities, exercise software, calorie counters, step counters, juice bar franchises, etc.
Marketers must pay attention to marketing implications that differ across cultures and geographic boundaries as well as trends over time. How consumers react to a new product or service may determine a company’s success or failure.
