Marketing to various consumer groups

Assignment Help Business Management
Reference no: EM131291144

Marketing to Various Consumer Groups

What motivates consumers to make the decisions they do? How do health care organizations market to specific groups of consumers? In this Discussion, you will explore these questions and the connection between them.

Prepare for this Discussion as follows:

  • Review Exhibit 4-6 "The Traditional Family Life Cycle" on page 144 inEssentials of Health Care Marketing. Then, look at Figure 4-6 "The Modernized Family Life Cycle" on page 145 of this text. In addition, you may have additional modifications to these two diagrams that you would like to make based on contemporary conceptions of individuals and families. Where would you placeyourselfin a contemporary life cycle?
  • With this in mind, consider what is important toyouas a health care consumer.Reflect on insights from the Learning Resources regarding buyer behavior and think about various sociocultural influences that may affect your choices.How do you think decision-making sequences might differ foryouas opposed to a selection of other consumer types ?
  • Next, change your perspective from one of a consumer to one of a provider. Bring to mind an actual health care organization that offers a particular product or service of interest to you. Suppose this organization wanted to appeal to you as a consumer. How would you expect this organization to apply the information on market segmentation presented in Chapter 6 of the text?What elements of product strategy outlined in Chapter 8 of the text are relevant for the product or service you have selected?

Post by Day 4 a response to the following:

  • Describe where you would place yourself within a contemporary life cycle. Explain how your personal characteristics as well as sociocultural dimensions influence the choices you make as a health care consumer. Also discuss how decisions might differ for other groups of consumers.
  • Identify a particular product or service, and explain how an organization might engage in market segmentation and product strategy to appeal to you as a potential customer.

Reference no: EM131291144

Questions Cloud

Which type of legal entity would be best suited : Whether, for tax purposes, the taxpayer can contribute the assets held by the sole proprietorship to a corporation tax free? If so, explain your answer. If not, explain your answer.
What is principal benefit of a binomial option pricing model : Describe the components of a hedge portfolio in the binomial option pricing model where the instrument being hedged is, first, a call, and, second, a put
Service as a result of their race-gender or age : Do you think that some individuals are denied access to service as a result of their race, gender, or age? How do you think that we should structure access to services to ensure that no one is denied as a result of prejudice?
Why are the up and down parameters adjusted : What is the difference in these two examples, and why did we adjust the parameters in one case and not in the other?
Marketing to various consumer groups : What motivates consumers to make the decisions they do? How do health care organizations market to specific groups of consumers? In this Discussion, you will explore these questions and the connection between them.
Determine the two possible stock prices for the next period : Construct a hedge by combining a position in stock with a position in the call. Show that the return on the hedge is the risk-free rate regardless of the outcome, assuming that the call sells for the value you obtained in part c.
Implementation of the program : What were the issues that led to the implementation of the program? Describe the program. How will the implementation of the program resolve the issues mentioned in the first question?
What is the current price of the call : Determine the possible prices of the call at expiration. Find the possible prices of the call at the end of the first period.
Problem regarding the university accessibility guidelines : Why is it important that faculty comply with the University's Accessibility Guidelines?

Reviews

Write a Review

Business Management Questions & Answers

  Encourage entrepreneurship

How the organization can encourage entrepreneurship and what can managers to do in order to promote individual creativity?

  Percentage points of proportion for whole campus

How many students would need to be included in a random sample of students if you want to be 95% confident that your sample estimator is within 2 percentage points of the proportion for the whole campus? Calculate the sample size under each of the..

  Tasks that managers could and should not delegate

Tasks that managers could and should not delegate - Show three work tasks that managers could successfully delegate to employees.

  Total cost of the units including initial charge

Romeo buys unit trusts and invests for income. He invested £50,000 in a unit trust with an offer price of £125 per unit, and sold the units after 5 years at £162 per unit. During this period he received income from the units of £6,200. This income..

  Claiming that a plaintiff may not recover for lost profits

Eventually, Lewis River sold its business at a large loss. A jury awarded Lewis River $1,026,800, largely for lost profits. Scott appealed, claiming that a plaintiff may not recover for lost profits. Comment.

  Illustrate what would this organization triple bottom line

Define the Triple Bottom Line concept. Illustrate what efforts toward the Triple Bottom Line have your organization or an organization of your choice implemented? Illustrate what would this organization's Triple Bottom Line comprise?

  Draw the atc and mc curves for such a firm

Suppose there is a "natural monoply," i.e. production exhibited increasing returns to scale and marginal cost is constant but essentially zero. i) Draw the ATC and MC curves for such a firm.

  Communication should always be designed with the audience

communication should always be designed with the audience in mind. you are called upon to present quarterly sales

  Define the stages of change and compare it to lewin''s stages

Identify culture barrier, and other types of barriers and concerns. Define the stages of change and compare it to Lewin's stages of change.

  Illustrate what were the problems transferring

Toys are US first made public its plans to enter the Japanese market in 1989. Was Japan an attractive market for Toy's R US?

  Assumptions for the harrod domar condition

Please help me with this assignment. a) State any three assumptions for the harrod domar condition for full employment. b) Briefly distinguish between consumer excess sensitivity and consumer excess smoothness.

  Roles and responsibilities of the administration

Working on the same two facilities that you identified in W3 Assignment 2, prepare a 8- to 10-page report in a Microsoft Word document including the following: Describe the roles and responsibilities of the administration in each department of y..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd