Assessment
of Marketing Developed by Rob Holland, Anne
Dalton, Lynne Scott and Heather Sun
The University of Tennessee Agricultural Extension Service
October 2003
Marketing
is an important part of any business and the product produced by
that business. It is difficult, if not impossible, for a business
to succeed if any of the details for marketing the product are neglected.
Regardless of the greatness of a product, unless consumers know
about it, are convinced of its greatness, and can obtain the product,
success will be limited.
This
screening tool is an instrument that assesses a product, the marketing
plan and marketing conditions for achieving optimal marketing success.
It is an interactive tool; no recommendations, marketing plan, or
interpretations will result from the interaction. Instead, strengths
and/or weaknesses in marketing awareness and readiness should be
gleaned from using the tool. Hopefully, a broad perspective of the
dynamics of marketing based on current research will be obtained.
The
tool is designed for and targets clientele/entrepreneurs who have
a specific product identified, have a complete marketing
plan for the specific product and want an assessment
of the probability of this product succeeding in the market. The
assessment will not be as accurate if "just any" value-added
product, rather than a specific product, is considered. Remember,
the results will not be a detailed analysis nor will the feedback
be a personal guidance or final answer on marketing. The result
will be a score indicating the likelihood of a product's success
in the market. This assessment will give you a better indication
of the degree of market success your product might have, and if
the marketing plan for the product is the best for your product
and business.
This
is a very thorough market assessment tool. There are 45 statements
for you to address. It is estimated that it will take approximately
30 minutes to completely participate, score and explain this tool.
Directions
Filling in the "Personal Information" section of this
assessment form is optional. If you wish, you can submit the
form anonymously.
The
assessment tool consists of 45 statements. These statements
are presented in six sections:
— Market Research and Analysis
— Marketing and Financial Objectives
and Goals
— Marketing Strategies
— Marketing Tactics
— Marketing Budget
— Monitoring and Evaluating Market Response
As
you read each statement, read it as though it was written for
you and your specific product and marketing plan. In the statements
"my product" refers to your product — the one
you have identified and have or hope to produce. "Competitive"
products refer to products that would be competing with or can
be substituted for your product.
After
reading each statement, select the response that most closely
describes your product and your situation. Remember, the more
realistic you are in selecting your response, the more accurate
the assessment.
Although
the tool is presented in sections, NO score or assessment will
be given unless there is a response given to ALL statements
in each of the sections.
Personal
Information This
section is optional. If you wish, you can submit the form anonymously.
Interactive
Assessment You
must answer ALL the questions to receive an assessment score.
I wish
to be contacted by the Center for Profitable Agriculture.
This
project was funded in part under an agreement with the Tennessee Department
of Agriculture and the USDA Federal-State Market Improvement Program.