BSBMKG501 - Identify and evaluate marketing

   

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BSBMKG501 Identify and evaluate marketing opportunities
BSBMKG501 – ASSESSMENT COVER SHEET
This form is to be completed by the assessor and used as a final record of student competency.
All student submissions including any associated checklists (outlined below) are to be attached to this cover sheet before
placing on the students file.
Student results are not to be entered into the Student Management Database unless all relevant paperwork is completed
and attached to this form.
Student Name:
Student ID No:
Final Completion Date:
Unit Code: BSBMKG501
Unit Title: Identify and evaluate marketing opportunities
Please attach the following documentation to this form
Result
S = Satisfactory
NS = Not Satisfactory
NA = Not Assessed
Reassessment
S = Satisfactory
NS = Not Satisfactory
NA = Not Assessed
Assessment 1
Research Marketing Opportunities/Project
Write a Marketing Proposal/Project
Present a Marketing Proposal/Observation
S | NS | NA S | NS | NA
Assessment 2 Written Assessment attached S | NS | NA S | NS | NA
Final Assessment Result for this unit C / NYC
Assessor Notes: (inclusive of reassessment, reasonable adjustment, further opportunities for gap training etc): ______________
BSBMKG501 –Student Assessment pack v2.0 Page 1 of 40
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BSBMKG501 Identify and evaluate marketing opportunities
Student Declaration: I declare that I have been assessed in this unit, and I
have been advised of my result. I also am aware of my appeal rights.
Name: ____________________________
Signature: ____________________________
Date: ____/_____/_____
Assessor Declaration: I declare that I have conducted a fair, valid,
reliable and flexible assessment with this student, and I have provided
appropriate feedback
Name: ____________________________
Signature: ____________________________
Date: ____/_____/_____
Administrative use only
Entered onto Student Management Database
________________
Date Initials
BSBMKG501 –Student Assessment pack v2.0 Page 2 of 40
BSBMKG501 - Identify and evaluate marketing_2
BSBMKG501 Identify and evaluate marketing opportunities
ASSESSMENT 1 – STUDENT INFORMATION
Please read the instruction carefully prior to commencement of the assessment task.
For this assessment, you are to identify and evaluate potential new marketing opportunities for a company as
presented to you by your assessor. Your assessor will role-play your client, and provide you with a short
marketing brief with this assessment as presented below. It is imperative that in all dealings with your assessor
(your client), you are prepared and professional, just as you would in a real business environment. Choose one
scenario from the box given below and identify and evaluate the marketing opportunities for that business.
The followings are the simulated Business Scenarios for the given unit. You can also consider your relevant
workplace example in order to identify and evaluate marketing opportunities as a business case for undertaking
the assessment task for this unit.
BSBMKG501 –Student Assessment pack v2.0 Page 3 of 40
SAMPLE SCENARIO 1 PUFFERS PASTRY
Background - Puffers Pastry is a new patisserie (2 months old) opened in the CBD. Our products
are quality, targeting customers who are seeking a superior product at an affordable price.
Staffing - Owner (Assessor), 2 pastry cooks (full time), 4 sales staff (casual)
Marketing History - 2 x leaflet drops to local businesses (CBD) with 10% discount being offered on
orders above $20. Result was not recorded, as not sure how many customers presented the
coupons, or how many came as a result from the leaflet drop but did not use coupon
Budget - $20,000 - $25,000 over 6 month period. The owner sees marketing as essential to
business growth, and has budgeted these figures into his start-up costs.
BSBMKG501 - Identify and evaluate marketing_3
BSBMKG501 Identify and evaluate marketing opportunities
PART A - RESEARCH BUSINESS AND SCOPE OF WORKS
During your research, you are to hold at least one meeting with your client to determine (as a minimum):
Company history / structure
Company direction
Marketing history
Expectations
Budgets
Constraints
Time-lines
Client expectations
Remember to be prepared for any discussions with the client. Know what you want to find out, and what you
want to ask. Don’t forget to consider the clients previous experiences, budget and expectations whilst identifying
and choosing suitable marketing opportunities.
Part A - Role Play:
Name of the Candidate (Consultant):
BSBMKG501 –Student Assessment pack v2.0 Page 4 of 40
SAMPLE SCENARIO 2 JACKS HARDWARE
Background - Jacks Hardware has been established for 15 years, and is a small boutique hardware
shop. We have a regular customer base of 2500 customers. Our product rage is aimed at the
typical inner-city home owner. Whilst we are only a small store (in comparison with Bunnings
Warehouse and Mitre 10 - in terms of floor space and in stock-product range), we have access to a
very large catalogue. We can get virtually anything on request.
Staffing - Owner (Assessor), 2 full time sales staff (including sales manager), 6 casual sales staff
Marketing History - Catalogue drops on monthly basis for local suburb; sponsoring of 2 charity bike
races; Radio advertisements 5 years ago (2 months worth); email newsletter to approx 20% of client
base with monthly specials
Budget - $40,000 over 12 month period.
BSBMKG501 - Identify and evaluate marketing_4
BSBMKG501 Identify and evaluate marketing opportunities
Name of the Client: Md Rajjaqul Haider
Date: 23 /11 /2018
Time: 12.00
(state discussion scripts)
Candidate (Consultant): You need to increase your sales.
Client: What are the new marketing opportunities that can be availed?
Candidate (Consultant): The firm can enter the ecommerce platform to market its
marketing of the products.
Client: What will be the advantages of entering the ecommerce marketing?
Candidate (Consultant): The firm would be able to get access to a large base of
consumers simultaneously. This would lead to more sale of products and more revenue
generated.
Client: The process would be expensive, won’t it?
Candidate (Consultant): Yes. At the initial level.
Client: Would the expenditure be worth bearing?
Candidate (Consultant): Yes. It will.
Client: But what are the resources that would be required to get an ecommerce portal?
Candidate (Consultant): The resources required would be a technological expert, an
ecommerce gateway which would be linked to the official website.
BSBMKG501 –Student Assessment pack v2.0 Page 5 of 40
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BSBMKG501 Identify and evaluate marketing opportunities
Client: Would the external parties be involved?
Candidate (Consultant): Yes.
Client: Which parties are going to be involved?
Candidate (Consultant): The ecommerce portal gateway provider, the bank where the
company has its current account etc
Client: How is the bank getting involved?
Candidate (Consultant): This is because the payment would be processed online which
would require the payment gateway of the bank.
Client: Moreover, to enable customers make card payments you need to have an point
of sales machine installed in the restaurant.
Candidate (Consultant): Okay.
Client: Above that you have to train your staff operate in the new ways.
Candidate (Consultant): So there will be organisational change due to shift towards
online mode of payment acceptance.
Client: Would the staff be ready?
Notes: (follow the same format on sample scenario 1 and scenario 2)
Background – BBQfun is a firm offering both products manufactured in Australia as well as those imported
from foreign markets. The CEO of the firm Pat Mifsud. The firm operates in two brick and mortar namely,
Brisbane and Gold Coast. The mission of BBQfun is offering its customers with high quality lifestyle
products. The vision of the firm is establish itself as the leading retailer in Queensland marketing premium
BSBMKG501 –Student Assessment pack v2.0 Page 6 of 40
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BSBMKG501 Identify and evaluate marketing opportunities
outdoor lifestyle products manufactured within Australia as well as foreign markets.
Staffing – The organisational staff of BBQfun consisted of board of directors, CFO and Operational
General Manager. The HR manager, marketing manager and managers of the two stores. BBQfun also
employed lower level staffs.
Marketing History – BBQfun has presence in Brisbane and Gold Coast but did not have ecommerce
presence. The company did not align its functions with the consumers’ purchase pattern and
technological changes as far as marketing of products are concerned.
Budget - $4,884,714 over 12 month period. The cost of goods sold target of BBQfun is $ 589000.
Appendix: BBQFun (simulated business)
Case Study
BBQFun.docx
Name of Candidate:
Client Name: BBQ fun
BSBMKG501 –Student Assessment pack v2.0 Page 7 of 40
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BSBMKG501 Identify and evaluate marketing opportunities
Did the candidate? Yes No comment
Gather background information on the product and client to
improve understanding
Y Done
Arrange a time to discuss requirements / expectations with the
client
Y Done
Prepare self, ensuring discussion was structured Y Done
Talk with the client and discuss / confirm:
Company history / structure
Company direction
Marketing history
Expectations
Budgets
Constraints
Time-lines
Client expectations
Y BBQfun is an
outdoor
lifestyle
products
manufactured
both within
Austalia and
overseas. The
expectations of
the client boost
the brand
value of the
organisation by
20 percent
and increase
the
expectations of
customers by
25 percent.
The budgeted
expenditure
BSBMKG501 –Student Assessment pack v2.0 Page 8 of 40
BSBMKG501 - Identify and evaluate marketing_8

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