Discuss the market position of Jenbury Financial.Provide an argument for how effectively Jenbury Financial’s current communication strategy targets these consumers

Integrated Marketing

BACKGROUND

For this unit, we will be working with Jenbury Financial to create a marketing campaign design to promote a
new product.

Founded in 2011, Jenbury Financial provides a range of financial planning services and specialized advice to
clients operating in Boronia, Victoria. The business is currently comprised of 1 (one) Senior Financial Planner —
Andrea Jenkins, the founder — and 2 (one) full time support staff. Their website offers a variety of resources,
insights, and testimonials: https://www.jenbury.com.au/

Vision:

To establish an environment that cultivates financial knowledge and enables those people we come in
contact with to build the life of their dreams.

Mission:

Through one-on-one coaching, online courses and workshops we will teach financial knowledge and
empower people so they can build a tailored financial plan to achieve financial freedom.

THE INTEGRATED COMMUNICATIONS QUESTION

Jenbury Financial are seeking to create a new financial course. This course would involve 6 modules each on a
different topic of financial planning or financial literacy, designed to run over 6 weeks or sessions.

The course will specifically cover the following topics:

– Cashflow and Budgeting
– Debt Management
– Personal Insurance
– Superannuation
– Investments
– Estate Planning

Your task across Assignments 1 and 2 will be to create a marketing communications campaign plan to effectively promote this new product offering.

ASSIGNMENT 1 (PART A)
In your first assignment, you will be asked to:

• Discuss the market position of Jenbury Financial
• Critically assess Jenbury Financial’s current communication
• Profile target consumers
• Provide an argument for how effectively Jenbury Financial’s current communication strategy targets these consumers

ASSIGNMENT 2 (PART B)
In your second assignment, you will be asked to:

• Summarize the challenges (related to message, industry, target market, etc) which will feed forward into how you design your campaign

• Design an IMC campaign with recommendations for Jenbury Financial for how to accomplish its objectives including:

o Clearly stated campaign objectives
o Specific communication message(s)
o An implementation plan focused on digital channels designed to reach their target consumer(s)
o Justification for all decisions relative to the target segments, considering marketing theory, messaging, and budget feasibility

QUESTIONS YOU MAY CONSIDER AS YOU WORK THROUGH YOUR ASSIGNMENTS

• What is Jenbury Financial’s value proposition for their consumers?
• How should they position their different product offerings and lines?
• When and why do consumers purchase major household appliances?
• How do consumers react to different price points for the same brand on the sales floor?
• What type of consumer base should Jenbury Financial look to cultivate?
• Which channels should Jenbury Financial focus on for communication, and why?
• What are the strategies Jenbury Financial can implement to attract customers, via social media or otherwise?
• What are Jenbury Financial’s competitors doing?

o E.g. How are they communicating to their customers, and through what channels?

• How can Jenbury Financial foster organic social ‘word of mouth’?
• How should Jenbury Financial measure success?

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