GB 530 MENTOR Motivated Minds/gb530mentor.com GB 530 MENTOR Motivated Minds/gb530mentor.com | Page 8

? How will you leverage your SWOT strengths and opportunities to your advantage? ? How will you lessen the impact of your SWOT weaknesses and threats? ? Where is your product in the product life cycle and why? Refer to your Kotler text for a definition of a product life cycle. The components of your Brand Extension Marketing Plan for Unit 2 are evaluated using this rubric. Unit 2 Brand Extension Marketing Plan Assignment Rubric Criteria Possible Points Situation analysis (one-paragraph summary of the current situation) 5 Market summary (target customers; projections for growth) 5 Market Demographics (demographics, geographics, psychographics) 10 Market needs (what benefits are important and what are your customer needs?) 5 Market trends (identify and explain at least three trends) 10