MRKT 5003 Module 4 Marketing Mix Plan Example

Reviewed by Cornelius Ravenhill, MBA · American College of Education · Updated

The MRKT 5003 Module 4 example below is a marketing mix plan explaining why the field trip costs two dollars more, setting product, price, place and promotion for a composite orchard's weekday toddler mornings and standards-based school visits. It belongs to American College of Education MRKT 5003 (MRKT5003, Marketing Management: Strategy, Impact, and Engagement) in ACE's MBA program. The plan restates the positions the mix must carry, then designs Little Pickers, the toddler morning, its product, place and price, using Gourville and Soman on prepayment and consumption, and the Orchard Field Trip, its product, place and a price above competitors justified by Rao and Monroe's work on price as a quality signal. It outlines promotion and checks whether each offer earns its keep. Sections usually set the elements.

CourseMRKT 5003 Marketing Management: Strategy, Impact, and Engagement
ModuleModule 4
Paper typeMarketing mix plan
Length1,250 words, about 5 pages plus title and reference pages
FormatAPA 7 student paper
SchoolAmerican College of Education
ProgramMBA
UpdatedOctober 2026

Free sample paper for MRKT 5003 Module 4

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Why the Field Trip Costs Two Dollars More: Product, Price, Place and Promotion for an Orchard's Weekday Toddler Mornings and Standards-Based School Visits

Student Name

American College of Education

MRKT5003: Marketing Management: Strategy, Impact, and Engagement

Module 4 Assignment

Instructor Name

February 26, 2028

What this page is doingThe title leads with a pricing decision that seems to run against intuition and names both offerings, which tells the grader that price will be argued as positioning rather than set by cost. The orchard and every figure are composites. The APA 7 title page carries the course line and module assignment as listed.
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The Position the Mix Must Carry

Module 3 gave the composite Harwell Hill farm two positions. To parents of children under five it offers quiet weekday mornings in which a toddler can reach the fruit unaided, across a season running from spring bloom to the autumn harvest. To teachers of the early grades it offers a trip whose every activity maps onto lessons already in their science plans. The marketing mix must now make each promise real, and every element should be tested against one question: does it strengthen the position or weaken it? A price is the first thing a buyer learns about a position, often before any photograph or description.

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Little Pickers: Product and Place

The toddler offering, called Little Pickers, will run on Tuesday and Thursday mornings from mid-May to the end of October, from 9:30 to 11:00. Each session includes guided picking in the dwarf trellis block, or in the strawberry and blueberry rows in June and July, a 15-minute story circle under the picnic pavilion and a small bakery treat for each child. Each child takes home a small bag of whatever was picked. Sessions are limited to 40 children so the morning stays quiet, which Module 3 identified as part of the promise. A stroller-width gravel path will run from the parking area to the dwarf block, and a changing station will be added to the market restrooms.

Place is the farm itself, but access is part of the product. Sessions are booked online in advance, with a small number of walk-in places held for each morning, and parents receive a text reminder the evening before with the weather outlook and what to wear. The farm market and bakery open at 9:00 on session days so that parents can shop after the session without a separate trip.

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Little Pickers: Price

The obvious reference price is the orchard's own weekday admission, but that is the wrong frame. Module 3 established that parents of young children compare a weekday outing with the children's museum, the zoo and library programs, not with other orchards. The regional children's museum charges $12 a child, and library story times are free. Little Pickers will be priced at $10 a child, with accompanying adults free. The price sits below the museum but well above free, signaling a planned program with a guide and something to take home rather than an open field.

The orchard will also sell a Little Pickers season pass at $65 a child, the price of six and a half sessions, for unlimited weekday sessions. Gourville and Soman (2002) found that customers who prepay tend to use a service most in the period just after they pay and less as the payment fades from memory, and that spreading payments keeps usage higher. Two design choices follow. The pass will be sold in two halves, a spring and summer half at $35 and an autumn half at $35, so each payment falls close to the visits it covers. And the orchard will send each pass holder a monthly note listing the sessions they have used and the fruit coming into season, a light reminder that keeps the prepaid value in mind. Thaler (1985) showed that consumers keep separate mental accounts for different kinds of spending and judge deals partly by how they are framed, and a pass framed as a season of mornings is more attractive than one framed as a discount on single visits.

What this page is doingEach pricing choice is justified by the target's frame of reference and by research on how buyers respond to prepayment, rather than by cost plus a markup.
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The Orchard Field Trip: Product and Place

The field trip will run on weekday mornings from mid-September to the end of October, for groups of up to 70 students, with at most two groups a morning. Each two-hour visit follows a fixed sequence built around the grade's science standards: a walk through the orchard to see trees at different stages, a guided look at the orchard's rented beehives from a safe viewing distance, a short activity on the apple's life cycle matched to the grade level and picking a bag of apples for each child. Teachers receive a guide before the visit with the standards addressed, a pre-visit lesson and a post-visit activity. Booking is online, with a calendar that shows available dates, and the orchard will contact district field-trip coordinators directly each spring.

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The Orchard Field Trip: Price

The three competitors offering field trips charge $7 to $8 a student for a hayride, a pumpkin and time on a playground, and the orchard's informal trips last year averaged about $7. The Orchard Field Trip will be priced at $9 a student, with teachers and one chaperone for every five students free. Charging more than the competition is deliberate. Rao and Monroe (1989), reviewing studies of how buyers judge quality, found a positive and statistically significant relationship between price and perceived quality, especially when buyers have little other information. A teacher choosing between trips has limited time to compare them, and a price that matches the hayride trips would tell the teacher that this is another hayride trip.

The higher price must not keep out schools that cannot afford it, since that would undermine the program and its standing with districts. The orchard will ask a local bank and a regional grocery chain to fund a field-trip scholarship covering the full cost for schools serving mostly low-income families, using the eligibility lists districts already keep for federal meal programs. A $6,000 fund would cover about 660 students a season.

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Promotion in Outline

Promotion is developed in Module 5, but the mix sets its limits now. For Little Pickers, the message is the physical proof from Module 3, a toddler reaching an apple on a tree no taller than the child, carried through local parent networks, library and preschool bulletin boards and short videos rather than paid regional advertising, which would reach mostly weekend families. For the Orchard Field Trip, the message is the teacher guide itself: the orchard will send it, not a brochure, to every kindergarten through third grade teacher in the 212 schools within 40 miles, because a guide that lists the standards addressed is both the promotion and the proof. Neither offer will be promoted with the discounts or free-admission days some rivals use, since a discount would contradict the prices set here and teach buyers to wait for the next one.

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Does Each Offer Earn Its Keep?

Little Pickers costs about $3 a child in fruit, treats and supplies, and a two-person program staff of seasonal employees costs about $260 a session. At an average of 28 children a session over 46 sessions, it would earn about $12,900 in session revenue against about $15,800 in staff and materials, a loss of about $2,900 on its own. Its purpose, however, is the spending around it: Module 2 found weekday households spend about $46 on each visit in total, so each session also brings in roughly $700 in market and bakery sales beyond the session fee, or about $32,000 over the season, at times when those staff are already on the payroll. The field trip costs about $2.50 a student in apples and materials and about $300 a morning for four guides. At 80 groups averaging 64 students, it would earn about $46,000 in revenue against about $36,800 in direct costs, a modest margin that grows as the guides become practiced and the teacher guide's cost is spread over more visits.

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References

Gourville, J., & Soman, D. (2002). Pricing and the psychology of consumption. Harvard Business Review, 80(9), 90-96.

Rao, A. R., & Monroe, K. B. (1989). The effect of price, brand name, and store name on buyers' perceptions of product quality: An integrative review. Journal of Marketing Research, 26(3), 351-357. https://doi.org/10.1177/002224378902600309

Thaler, R. (1985). Mental accounting and consumer choice. Marketing Science, 4(3), 199-214. https://doi.org/10.1287/mksc.4.3.199

What the MRKT 5003 Module 4 instructions ask for

MRKT 5003 Module 4 asks you to set the marketing mix for the offers your positioning defined. Most prompts expect product, price, place and promotion decisions for each offer, each justified by the position and by evidence, plus a simple economic check that the offer covers its costs. Many sections ask you to treat price as a positioning decision rather than a cost markup. Mix plans usually come to about five pages. The MRKT 5003 Canvas instructions state whether all four elements must be covered in depth and whether promotion is developed here or in Module 5. Tie every price decision to the position and to evidence about how buyers read price.

Inside the MRKT 5003 Module 4 example

The plan opens with the positions from Module 3 and the rule that every mix decision must support them. The Little Pickers section designs a ninety-minute weekday morning with small-group picking, a story walk and a snack, held at a quiet corner of the farm, and sets a prepaid price with a sibling discount, explaining why prepaying increases attendance. The field trip section designs a standards-based visit with a teacher guide and a hands-on activity at each station, scheduled on weekdays in fall and spring. Its price is set two dollars above competitors, with research on why buyers with little information read price as a sign of quality. Promotion is outlined for Module 5. The final section checks that each offer covers staff and materials.

Reading the MRKT 5003 Module 4 rubric

Mix plans are graded on consistency with positioning and evidence. Position credit requires the mix tied explicitly to the target positions. Product and place marks reward offers designed around the target's needs. The price rows usually carry significant weight: each price justified by the position and by research on how buyers respond. Graders give credit for treating price as a signal, not only a markup. Promotion in outline earns credit when it fits the targets. The remaining MRKT 5003 points go to an economic check showing each offer earns its keep and APA 7. Graders want the economic check to cover staff time as well as materials. Prices compared with named competitors also earn marks.

MRKT 5003 Module 4 help: mistakes that cost points

Mix plans most often set prices by adding a margin to cost or matching competitors. Another frequent weakness is designing offers that do not match the positioning. Students also leave out whether the offer pays. Start from the position. Design the product around the target's day. Choose place and timing that fit. Set price with evidence about how buyers read it. Check that each offer covers its costs. Leave detailed promotion for the next module if your course does. If your business is a clinic service, a software tier or a class, the desk can draft a marketing mix plan for it.

Write yours, or have the desk draft it

This paper is an original model document written by our desk, not a submitted student paper and not an official American College of Education document. Read it for the moves, then write your own to the instructions in your classroom. If you want one built to your exact prompt and rubric, the first custom sample is free and arrives in 24 to 48 hours.

More MRKT 5003 and MBA sample papers

MRKT 5003 Module 4 questions, answered

What does MRKT5003 Module 4 usually ask for?

MRKT5003 Module 4 often asks students to set the marketing mix, product, price, place and promotion, for the chosen target, with price treated as part of the positioning. Your classroom's instructions decide which elements need the most depth.

How do I justify a price above competitors?

Tie it to the position and to evidence about how buyers read price. When buyers have little information, a higher price can signal higher quality, but the product must then deliver what the price promises.

Should a marketing mix include cost figures?

A short economic check strengthens it. Showing roughly what each offer earns and costs, and what else it brings in, tells the reader the mix is something the firm can afford to run.

Where can I find a free MRKT 5003 Module 4 sample paper?

Read it above at no cost: "The Position the Mix Must Carry", "The Orchard Field Trip: Product and Place" and "Does Each Offer Earn Its Keep?" make up this MRKT 5003 Module 4 marketing mix plan.

Why can a higher price help sales?

When buyers cannot easily judge quality, as teachers choosing a field trip, a slightly higher price can signal a better experience. Rao and Monroe's research supports price as a quality cue in such cases.