Entrepreneurial Marketing Week 8 Course Project Assignment
Entrepreneurial Marketingweek 8 Course Project Assignmentcourse Projec
Entrepreneurial Marketing Week 8 Course Project Assignment Course Project Presentation - PowerPoint with Narration is expected. The requirements for the Course Project Presentation are as follows. Entrepreneurial Marketing Idea over ice cream food truck—include the following. 1. Introduction 2. Brief overview of your entrepreneurial marketing idea 3. The marketing opportunity, marketing objectives, marketing strategy, issues, and concerns 4. The business model, operations, issues, and concerns 5. Marketing budget, financial requirements. Issues, and concerns 6. Evaluation and control, issues, and concerns 7. Summary and Q and A Further, be aware of and consider that your presentation should maximize the following. Note may change based on live or online class. • Presentation quality • Verbal presentation quality • Presentation guidelines 1. Twenty five minutes are allocated for the presentation, maximum. 2. Fifteen to twenty minutes are allocated for the main sections of the presentation. 3. Five minutes are allowed for Q and A from the instructor or your class colleagues. 4. Business casual dress is required. 5. PowerPoint with Narration is expected. Do not embed any video files, audio files, or animated graphics, due to the limitations of the Canvas Learning Management System (LMS). Project Management: Processes, Methodologies, and Economics Third Edition Chapter 15 Project Termination If this PowerPoint presentation contains mathematical equations, you may need to check that your computer has the following installed: 1) MathType Plugin 2) Math Player (free versions available) 3) NVDA Reader (free versions available) Table 15-1 Major Reasons for Canceling R & D Projects Figure 15-1 W B S for Problems That Accompany Termination 4 Executive Program Practical Connection Assignment At UC, it is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders in their disciplines and communities, linking research with practice and knowledge with ethical decision-making. This assignment is a written assignment where students will demonstrate how this course research has connected and put into practice within their own career. Assignment: Provide a reflection of at least 500 words (or 2 pages double spaced) of how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment. If you are not currently working, share times when you have or could observe these theories and knowledge could be applied to an employment opportunity in your field of study. Requirements: Provide a 500 word (or 2 pages double spaced) minimum reflection. Use of proper APA formatting and citations. If supporting evidence from outside resources is used those must be properly cited. Share a personal connection that identifies specific knowledge and theories from this course. Demonstrate a connection to your current work environment. If you are not employed, demonstrate a connection to your desired work environment. You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained through meeting course objectives were applied or could be applied in the workplace.
Paper For Above instruction
Entrepreneurial marketing is a dynamic field that plays a critical role in shaping new ventures and sustaining small businesses. In this reflective essay, I will explore how the knowledge acquired from this course particularly pertains to entrepreneurial marketing strategies, the application in my current work environment, and potential implications for my future professional endeavors.
The course provided comprehensive insights into how entrepreneurial marketing differs from traditional marketing by emphasizing innovation, agility, and customer-centric approaches. One of the key theories I found particularly applicable is the concept of "bootstrapped marketing," which focuses on resourcefulness and leveraging minimal budgets to achieve maximum impact. This approach aligns well with my current role in a small startup where fiscal constraints demand creative strategies to attract customers and build brand recognition.
Understanding market opportunity analysis was instrumental in my application of entrepreneurial marketing principles. The course emphasized identifying underserved or overlooked segments, which I have directly applied by conducting customer needs assessments and competitive analyses. This process enhanced our ability to tailor our ice cream food truck offerings to meet specific local demands, thus improving our market penetration. For example, offering unique flavor combinations that cater to health-conscious consumers helped us carve out a niche in a competitive market.
The marketing objectives and strategies discussed in this course have enabled me to develop targeted campaigns that emphasize storytelling and emotional connection—all vital for entrepreneurial ventures. I adopted social media marketing tactics learned during the course, such as creating engaging content and utilizing local influencers, to increase visibility without significant expenditure. These tactics have resulted in increased foot traffic and sales, evidencing the practical value of course concepts.
Financial planning and budgeting were also key components of the course that I integrated into our business operations. I learned to create detailed marketing budgets aligned with clear financial goals, which helped prioritize activities with the highest ROI. This financial discipline is crucial for small businesses, especially in the food service industry where costs and margins are tight. By monitoring key performance indicators and adjusting strategies accordingly, we have maintained sustainable growth.
Furthermore, the course's focus on evaluation and control mechanisms has been vital in assessing our ongoing marketing effectiveness. Implementing metrics such as customer feedback, sales volume, and social media engagement enables us to adapt quickly and improve our approaches. For example, adjusting our menu based on customer preferences has yielded positive response and increased loyalty.
In conclusion, the theories and skills gained from this entrepreneurial marketing course have been directly applicable to my current work environment. They have empowered me to develop resourceful, targeted marketing strategies rooted in understanding customer needs, managing budgets efficiently, and continuously evaluating our efforts. These lessons will undoubtedly serve as a foundation for my future endeavors in entrepreneurial settings, where agility and innovation remain vital for success.
References
- Burns, A. C., & Bush, R. F. (2010). Marketing Research (6th ed.). Pearson Education.
- Kuratko, D. F., & Hodgetts, R. M. (2013). Entrepreneurship: Theory, Process, Practice. Cengage Learning.
- Lehmann, D. R., & Winer, R. S. (2014). Analysis for Marketing Planning (7th ed.). Routledge.
- McMullan, W. A., & Long, W. A. (2014). Entrepreneurship: The Way Ahead. Cengage Learning.
- Ranchhod, A., & Graham, J. (2017). Marketing Strategy and Management. Oxford University Press.
- Schindler, R. M., & Dibb, S. (2017). Selling and Sales Management. Pearson.
- Vesper, K. H. (2016). New Venture Strategies. Greenwood Publishing Group.
- Weinberg, B. D., & Pehlivan, E. (2011). Social Spending: Managing the Social Media Mix. Business Horizons, 54(2), 141-150.
- Zahay, D. (2015). Internet Marketing: Integrating Online and Offline Strategies. Cengage Learning.
- Zineldin, M. (2017). Customer Relationship Management. Routledge.