Burdened by Homework? Let us write your essays and assignments Order This NowBecause you are general business experts, your marketing strategy should be robust and detailed. It is up to your virtual team to determine how to design and develop the marketing strategy for your virtual business. These are important factors to consider as you conduct your research: ? A group of angel investors owns 40% of your online marketing affiliate company. ? Each virtual team member was selected to start and operate this virtual business. ? The angel investors hold three out of five permanent seats on the board of directors of your virtual business. ? The angel investors will provide $100,000 to fund the virtual business. ? It is the job of the virtual team to convince the angel investors that you deserve funding for your new virtual business venture. In this graded discussion, you will contemplate the marketing strategies of your virtual business. To continue developing the strategic business plan, contribute to this discussion by addressing the following discussion topics: ? What are the components of a marketing strategy in a strategic business plan? ? Discuss the components of the marketing mix and explain its importance in the strategic business planning process for your online marketing affiliate business. ? Discuss the types of products your online marketing business will sell: online subscription based website access, training programs for marketing, online networking platform ? Discuss product branding. ? Explain the differences between each of the components of the promotion mix. ? Explain how a pricing strategy is realized. Synthesize academic research to support your thoughts, ideas, statements, and opinions. Apply proper current APA style citation format.
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