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In this group project, students will collaborate in pairs or small teams to design a new item for the BWHS School Store. Leveraging resources like www.customink.com, they will apply the Marketing Mix strategy to effectively launch their innovative product. The presentation will consist of at least seven PowerPoint slides covering key aspects: the product design, pricing strategy, selling location, and promotional tactics. This engaging project will enhance students' understanding of marketing fundamentals while promoting school spirit and creativity.
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Marketing Mix Project Marketing I – October 22nd
Project Overview • Students divide into groups of 2-3 people • Design a new item for the BWHS School Store (may use www.customink.com to complete design) • Apply the Marketing Mix to this new product • Create a PPT presentation to present to class
PowerPoint Guidelines • 7 slides minimum: • Cover slide (product name & student names) • Agenda/overview slide • Product slide • Price slide • Place slide • Promotion slide • Conclusion/wrap-up slide
Cover Slide - example Find A Cure t-shirt Ms. VanDyke
Agenda Slide - example • The Marketing Mix: • New Store Product • Item Price • Item Location • Promotion
Product Slide – example(explain the product in detail) • Gildan 100% cotton short-sleeve tee • Hot pink color with white screen print • Sizes S-XXL
Price Slide – example(explain the pricing in detail) • Shirt cost (what we really paid for the shirt) $6.50 • Retail price (what we will charge for the shirt) $10.00 • Profit (the difference of retail & cost) $3.50 Explain if customers would pay the retail price or not? (remember you want to get a 40% mark-up on retail items)
Place Slide – example(explain where the item will be sold) • School Store • Spirit Box machine
Promotion Slide – example(explain the promotion in detail) • Morning announcements • Flyer online • Word-Of-Mouth • Visual promotion in Spirit Box • Pink Game & Pink Out Day
Conclusion Slide - example • Find A Cure t-shirt • $10 • School Store/Spirit Box • Morning Announcements • Let’s Pink Out BWHS!