Assignment 1: Value Proposition Memo
Task Overview
As a marketing consultant, you have been asked by one of the following streaming service companies to provide a one-page memo, casually known in marketing as a “Back of the Napkin” concept. This memo will explain the value proposition from an outsider’s perspective. Consider the internal and external environment as well as the company’s competition to demonstrate your unique selling position.
Use 150 words or less to create a short memo to management and images to communicate your value proposition. At the bottom of your memo, you will include a “back of the napkin image” to illustrate your value proposition.
This original illustration you create can be added as a picture within your document or using the Word document tools to create a visual aid.
Your memo and illustration will display how your product or service solves a problem for the consumer. You do not have to be an artist.
You will need an idea and the ability to summarize. You will submit a single page Word document with the memo and image along with a second reference page.
The illustration must go inside the memo document so that only one file is submitted. Be sure that your proposition is clear and concise.
You will be using this value proposition to develop a message campaign later in the course.