Assignment on market segmentation

Assignment Help Business Management
Reference no: EM131170898

Marketing Management Assignment 1

Assignment 1: Market Segmentation

A firm has developed a new roofing material that also produces electricity from sunlight. This material is very light and inexpensive. Besides roofing, it could also provide an inexpensive carport roof covering for open-air parking lots. The firm has hired you as a consultant for the successful national launch of this product. You are required to present a report to the senior management describing when and where this product should be launched.

Create a 300- to 400-word response answering the following:

  • Identify different segments of the market for launching this product.
  • Recommend which segments of the product should be targeted first for maximum returns to the firm and support your recommendation.

Reference no: EM131170898

Questions Cloud

What are implications for cash flow and shareholder wealth : Companies often try to keep accounting earnings growing at a relatively steady pace, thereby avoiding large swings in earnings from period to period. They also try to meet earnings targets. To do so, they use a variety of tactics. Why are firms even ..
Estimating the project cost : Explain your approach to estimating the project cost (e.g., top down, bottom up, etc.) and why that method was chosen. Create a table that shows the original budgeted cost (from the charter) and the actual budgeted cost (side by side). Include line ..
Examine writing of the federalist and antifederalist parties : Examine the writings of the Federalist and Antifederalist Parties in light of the historical context of the late eighteenth century.
Fully assess and evaluate the impact of proposed strategy : Provide a response to Case 9: Lowe's Companies, Inc. (p. 451). Answer the 5 questions at the bottom of textbook page 459 (last paragraph). Do not "Design a three year strategic plan..." as outlined in the final statement.  Should Lowe’s expand into C..
Assignment on market segmentation : A firm has developed a new roofing material that also produces electricity from sunlight. This material is very light and inexpensive. Besides roofing, it could also provide an inexpensive carport roof covering for open-air parking lots. The firm ..
Analyze the fundamentals of pki : Compare and contrast public and in-house CAs. Include the positive and negative characteristics of each type of certificate authority, and provide a sound recommendation of and a justification for which you would consider implementing within your ..
Participant the opportunity to continue a discussion : If you give an outspoken meeting participant the opportunity to continue a discussion with you at a later time, what do you achieve as a manager?
Interest rate statements as either nominal or effective : Identify the following interest rate statements as either nominal or effective: 13% per year compounded monthly; 2.5% per quarter compounded quarterly; effective 2% per month compounded weekly; nominal 1.5% per month compounded daily; and 12% per yea..
What two products that you consider to be in growth stage : What are two products that you consider to be in the Growth stage of the Product Life Cycle and why? What are some of the potential threats to the success of both companies during this stage

Reviews

Write a Review

Business Management Questions & Answers

  Which is the final step in creating a bcp plan

Which of the following is the final step in creating a BCP plan? Which of the following statements accurately describes off-site storage?

  Disuss the issu of privacy in the workplace

Your Ethics Paper will disuss the issu of Privacy in the Workplace. I want you to ook at this issue objectivey and critically. I expect you to take an enlihtened stand on this issueand defend your point-of-view. Be reminded, there is wrong perspec..

  What is a good template to write a business plan

What is a good template to write a business plan?  What kind of things should it cover? How long should it be?

  How would an american company marketing abroad benefit

How would an American company marketing abroad benefit from its existing employee base? Would it be beneficial to add multinational members/employees to the organization?

  Basing decisions on assumptions

Find two situations in which decisions were made. For each situation, describe the likely assumptions that were made prior to each decision.

  Example of product or service

Briefly describe pricing for your example of  product or service. How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing go..

  Rewards and compensation in recruitment strategy

develop a draft of the Rewards and Compensation portion of the Recruitment and Selection Strategy/Rewards and Compensation Plan for each position and region

  Set of rules for controlling the meeting

A. Demonstrate courtesy and consideration of each other, and control who is allowed to speak B. Schedule meetings in advance C. Have a purpose for the meeting with the right people in attendance D. Create and publish an agenda and a set of rules for ..

  Find ways to enhance market power by pooling

Synergy is an often-used word in business, but as the popular press and the textbook suggest, many efforts at diversification do not provide value to customers or shareholders.

  Explain challenge in terms of cross-cultural management

What do you think the biggest challenge in terms of cross-cultural management will be in the merger of these two companies? Remember to consider to issues of differences in national cultural values between Japan and the U.S.?

  Progressive home health care inc is a for-profit provider

Progressive Home Health Care Inc is a for-profit provider of home health care services in the Pacific Northwest. At present it has EBIT of $2 million per year no debt as well as a market value of approximately $12 million

  Compare and contrast robert''s and claudia''s styles

Compare and contrast Robert's and Claudia's styles of communication. Next, speculate on three (3) ways that their communication styles impacted their handling of the situation. Provide support for your response.

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